Edition:
United Kingdom

Joori Roh

South Korean parliament approves 2.2 trln-won increase in 2021 budget

02 Dec 2020

SEOUL, Dec 2 South Korea's parliament on Wednesday approved increasing next year's budget by net 2.2 trillion won ($1.99 billion) to its planned 555.8 trillion won, to cushion the economic fallout from coronavirus outbreaks and to secure vaccines.

POLL-S.Korea's Nov exports seen rebounding on chip sales, improving global demand

27 Nov 2020

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=KREXP%3DECI poll data

UPDATE 2-S.Korea central bank sounds upbeat on economic outlook as it holds rates

26 Nov 2020

* Governor Lee says export growth to offset virus fallout (Recasts after Governor Lee news conference)

POLL-Bank of Korea seen holding rates this week and throughout 2021

24 Nov 2020

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=KROCRT%3DECI BOK poll data

Samsung's key insurance affiliates pledge to halt coal investments

12 Nov 2020

SEOUL Key insurance affiliates of South Korea's biggest conglomerate Samsung Group on Thursday pledged to step up their 'coal-free' policies by banning investments in the coal industry, following a global move towards a low-carbon economy.

South Korea Oct exports decline on fewer working days, virus lockdown angst may weigh

01 Nov 2020

SEOUL South Korean exports slipped back into contraction in October, as the Chuseok holiday cut working days, although chip and car sales remained robust, government data showed on Sunday.

POLL-S.Korea's exports likely resumed decline in October due to holiday period

29 Oct 2020

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=KREXP%3DECI poll data

POLL-S.Korean economy seen returning to growth in Q3 but virus worries remain

23 Oct 2020

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=KRGDPA%3DECI GDP poll data

Seoul's angels: South Korea food delivery giants rev up rider race amid coronavirus boom

14 Oct 2020

SEOUL In South Korea, some of the world's biggest food delivery firms are scrambling to surf an estimated $4 billion (3.1 billion pounds) wave of new orders, contracting thousands of new riders in a boom triggered by the scourge of the global economy - the coronavirus pandemic. | Video

UPDATE 3-S.Korea c.bank holds rates, reassures markets on policy support

14 Oct 2020

* Analysts say monetary policy likely to stay on hold for a while (Adds vice finance minister's comments in the eighth paragraph)

World News