S. Korea's credit loans soar in early January due to relaxed lending rules, bullish market
Jan 10, 2021 22:54 pm UTC| Economy Business
Credit loans of South Koreas five major commercial banks increased by 453 billion won in the first week of 2021, fueled by a bullish stock market and eased bank loan rules, data showed Sunday. The total credit loan...
S. Korea to phase out industrial waste imports
Jan 10, 2021 22:15 pm UTC| Economy Business
South Korea will prohibit or restrict industrial waste importations to increase the recycling of domestic waste. According to the Ministry of Environment, the importation of waste plastics, mixed waste paper, and waste...
Indian exports up 16.22% in first week of January
Jan 10, 2021 12:10 pm UTC| Economy
Indias exports grew 16.22 percent on-year in the first week of January from $5.34 billion last year to $6.21 billion, mainly driven by the gems and jewelry, engineering, and chemicals sectors. Imports during the period...
S. Korea to intensify liquidity monitoring
Jan 09, 2021 23:49 pm UTC| Economy Business
South Korea will strengthen monitoring on increasing liquidity in the countrys stock and real estate markets on concerns that it might hurt financial stability. Liquidity has sharply increased due to fiscal stimulus and...
SK acquire 9.9% in Plug Power to explore hydrogen biz in China, Vietnam
Jan 09, 2021 23:32 pm UTC| Economy
SK Group would acquire a 9.9 percent stake worth 1.6 trillion won in New York-based hydrogen fuel cell-maker Plug Power as it eyes business opportunities in China and Vietnam. The groups holding firm SK Holdings and a...
S. Korea's construction firms awarded US$35 billion overses deals in 2020
Jan 08, 2021 23:46 pm UTC| Economy Business
South Koreas 359 construction firms posted 567 overseas deals from 98 nations worth $35.1 billion in 2020, up 57.3 percent the previous year to rise to the highest level in five years. According to the Ministry of Land,...
Market value of top 100 S. Korean firms surge 78% over 5 years
Jan 08, 2021 23:43 pm UTC| Economy Business
South Koreas top 100 firms exhibited a combined market value of 1,745 trillion won on Thursday, up 77.5 percent from 983 trillion won five years ago amid a recent stock market rally. According to the data from market...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects