Daily cases over 6,000 for 2nd day amid omicron woes
SEOUL, South Korea’s daily coronavirus cases stayed over 6,000 for a second straight day Friday amid concerns over the spread of the omicron variant ahead of the Lunar New Year…
January 21, 2022
Lee proposes meeting with other candidates to discuss increasing extra budget to 35 tln won
SEOUL, Ruling party presidential candidate Lee Jae-myung on Friday proposed an emergency meeting between all presidential candidates to discuss increasing an extra government budget under consideration to 35 trillion won…
Seoul stocks at over 1-yr low on rate hike concerns
SEOUL, South Korean stocks retreated nearly 1 percent Friday, marking the lowest closing since December 2020, due to inflation woes amid heightened expectations of rate hikes by the Federal Reserve.…
ELS sales in S. Korea gain 4.6 pct in 2021
SEOUL, Sales of equity-linked securities (ELS) in South Korea expanded nearly 5 percent in 2021 from a year earlier on greater issuance of products tracking overseas stocks, data showed Friday.…
S. Korea proposes 14 tln-won extra budget to support pandemic-hit merchants
SEOUL, South Korea proposed an additional extra budget of 14 trillion won (US$11.8 billion) Friday to support small merchants hit hard by the COVID-19 pandemic amid extended virus curbs. This…
S. Korea to raise low-rate loan ceiling for Egypt to US$1 billion
SEOUL, South Korea plans to raise the ceiling of its low-interest rate loans to Egypt to US$1 billion in an effort to strengthen bilateral cooperation, the finance ministry said Friday.…