Trends - south korea - Business Recorder

south korea

S. Korea, Tehran agree 'proposals' on oil billions: Seoul

The South's foreign ministry said Iran's central bank governor and Seoul's ambassador had reached an agreement in Tehran.

Published 23 Feb, 2021 05:09pm

Markets

South Korea central bank chief says will review govt bond purchases to stabilize market

Lee, however, said it isn't appropriate for the Bank of Korea to directly acquire treasury bonds from the government, suggesting any bond buying will be made in the secondary market.

Published 23 Feb, 2021 12:11pm

Markets

Asian bonds sold off as US yields spike; Philippine stocks slump

President Rodrigo Duterte is due to decide next week on the future of coronavirus restrictions in Manila, which accounts for a significant chunk of the country's economic output.

Published 22 Feb, 2021 11:57am

Business & Finance

US aviation body orders extra inspections of some Boeing 777s

Investigators said a main cause of both crashes was a faulty flight handling system known as the Maneuvering Characteristics Augmentation System, or MCAS.

Published 22 Feb, 2021 10:51am

World

Strike threat by South Korean doctors fans fears of vaccine rollout disruption

But over the weekend, the Korean Medical Association (KMA), the largest grouping of doctors, said it would go on strike if parliament passed the bill to revoke the licences of doctors getting jail terms.

Published 22 Feb, 2021 10:05am

Markets

South Korea's MFG tenders for up to 140,000 tonnes corn

The second consignment for arrival in South Korea around June 25 should be sourced from two origins only.

Published 17 Feb, 2021 01:06pm

World

South Korean spy agency says North Korea hackers tried stealing Pfizer vaccine know-how: Yonhap

South Korea’s intelligence agency said it had foiled North Korean attempts to hack into South Korean companies developing coronavirus vaccines.
North Korea is often accused of turning to an army of hackers to fill cash-strapped government coffers amid international sanctions that ban most international trade with the country.

Updated 16 Feb, 2021 03:30pm

World

Cronies, corruption: How Algeria's auto sector hit the wall

"Some projects cannot be described as an industry because they are simply disguised imports," he charged the day after his election.

Updated 14 Feb, 2021 05:12pm

Business & Finance

Ford CEO calls for settlement between LG Chem, SK Innovation

The ITC said the decision would allow the automakers to transition to new suppliers for these programs.

Published 12 Feb, 2021 11:10am

World

Blinken, South Korea foreign minister discuss North Korea, Myanmar

Blinken also pledged full partnership to enhance the strength of the US-South Korea alliance, the State Department added.

Published 12 Feb, 2021 10:24am

World

South Korea January jobs fall at sharpest pace in more than two decades

The number of full-time, permanent jobs grew 0.2% in January versus a year ago but the number of entrepreneurial jobs dropped almost 11%, showing uneven nature of the pain inflicted on the labour market.

Published 10 Feb, 2021 11:55am

World

South Korea to approve use of AstraZeneca COVID-19 vaccine for all aged 18-plus

The AstraZeneca shot, co-developed by Britain's Oxford University.

Published 10 Feb, 2021 11:16am

Business & Finance

South Korea regulator not probing Hyundai executives' share sales after Apple deal reports

Analysts described the executives' share sales as standard practice.

Published 09 Feb, 2021 12:05pm

World

South Korea daily coronavirus cases drop ahead of Lunar New Year

South Korea on Saturday eased curfews on more than half a million restaurants and other businesses outside the capital Seoul, letting them stay open an hour later, amid a public backlash over tight curbs to contain COVID-19.

Published 08 Feb, 2021 11:31am

World

South Korea advises caution on AstraZeneca's COVID-19 vaccine for elderly

The final review panel for the vaccine would also take into account overseas regulatory decisions, Lee, the director general of the National Institute of Food and Drug Safety Evaluation, told a news briefing.

Published 05 Feb, 2021 11:23am

World

Crew still on board seized ship despite Iran release pledge: Seoul

Former US president Donald Trump in 2018 withdrew Washington from a landmark nuclear agreement with world powers and then reimposed and reinforced crippling sanctions on Iran.

Published 04 Feb, 2021 12:50pm

Business & Finance

Australia's exporters weather China squall, find new harbours

"The complete collapse of exports to China has been more than offset by gains in exports to Japan, India, South Korea and Thailand."

Published 04 Feb, 2021 11:40am

Business & Finance

South Korea to boost Seoul housing supply by 10% to calm buying frenzy

South Korea's population fell in 2020 for the first time on record, and is set to decline faster as its fertility rate is the lowest in the world.

Published 04 Feb, 2021 10:26am

Business & Finance

South Korea Jan exports expand for a third month, beating forecasts

Imports increased 3.1% to $44.05 billion, also beating forecasts for a 1.9% increase.

Published 01 Feb, 2021 01:33pm

World

South Korea reviews AstraZeneca vaccine for elderly under rollout plan

Health authorities will expand vaccinations towards the second half of the year with an aim to reach herd immunity by November.
Inoculations would begin in February starting with key groups, including medical workers in the front line of coronavirus treatment.

Published 28 Jan, 2021 07:50pm

Markets

Asia shares undone by Wall St swoon, short seller squeeze

The euro fell back to $1.2090 amid reports the European Central Bank felt markets were under pricing the risk of more rate cuts.

Published 28 Jan, 2021 11:39am

Markets

South Korea, China, Taiwan fall most after Wall Street sell-off

Worries around the pace of a global recovery have supported the dollar, which in the lead up to 2021 had been falling.

Published 28 Jan, 2021 11:29am

World

South Korea to begin COVID-19 vaccinations for general public in Q3

Inoculations would begin in February starting with key groups, including medical workers and the elderly in nursing homes, Jeong said.

Published 28 Jan, 2021 10:57am

Markets

Asian stocks weaken on stimulus worries, dollar holds firm

The dollar advanced to a near one-week high against a basket of currencies, as volatility in stock markets around the globe sapped investors' appetite for riskier currencies.

Published 26 Jan, 2021 11:58am

Business & Finance

South Korea posts worst growth in two decades

The central bank said exports expanded 5.2 percent in the fourth quarter from three months earlier, offsetting a slump in private consumption due to toughened social distancing rules in recent weeks.

Published 26 Jan, 2021 11:14am

Business & Finance

Luxury cars fuel Hyundai fourth-quarter profit; sees jump in 2021 China, North America sales

That compared with the 1.5 trillion won average of 16 analyst estimates compiled by Refinitiv.

Updated 26 Jan, 2021 01:59pm

Business & Finance

South Korea's Q4 growth likely slowed as exports recovery tempered by virus impact

"The key (for the economy this year) will be the timing of easing of distancing measures, vaccine supplies and the pace of global economic recovery," he added.

Published 22 Jan, 2021 11:59am

Technology

eBay explores potential sale of online marketplace in South Korea

eBay Inc. announced that it will be exploring strategic options for its unit in South Korea.

Published 20 Jan, 2021 02:13pm

Markets

South Korea to step up monitoring of FX liquidity for non-banking institutions

As part of the guidelines, financial authorities will introduce three indicators to help monitor the dollar funding and operation of non-banking companies, the finance ministry said.

Published 20 Jan, 2021 11:12am

World

Samsung chief jailed for 2.5 years over corruption scandal

His own children, he promised, would not succeed him in top management roles at the company.

Published 18 Jan, 2021 12:28pm

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Feb 26 First Punjab Modaraba(FPJM)	3.80 ▲ 0.60 (18.75%)
Ghazi Fab. / Feb 26 Ghazi Fabrics International Limited(GFIL)	7.07 ▲ 0.97 (15.90%)
Quetta Textile / Feb 26 Quetta Textile Mills Limited(QUET)	9.99 ▲ 0.99 (11.00%)
Dawood Equities / Feb 26 Dawood Equities Limited(DEL)	7.48 ▲ 0.70 (10.32%)
Dolmen City REIT / Feb 26 Dolmen City REIT(DCR)	10.88 ▲ 0.89 (8.91%)
B.R.R. Mod. / Feb 26 B.R.R. Guardian Modaraba(BRR)	12.40 ▲ 1.00 (8.77%)
Saritow Sp. / Feb 26 Saritow Spinning Mills Limited(SSML)	12.65 ▲ 1.00 (8.58%)
ECOPACK / Feb 26 Ecopack Limited(ECOP)	39.42 ▲ 2.75 (7.50%)
Shield Corp. / Feb 26 Shield Corporation Limited(SCL)	389.67 ▲ 27.18 (7.50%)
S. S. Oil / Feb 26 S.S.Oil Mills Limited(SSOM)	86.00 ▲ 6.00 (7.50%)

Stock	Price
TPL Corp / Feb 26 TPL Corp Limited(TPL)	7.21 ▲ -0.98 (-11.97%)
Ist Paramount / Feb 26 First Paramount Modaraba(FPRM)	5.20 ▲ -0.59 (-10.19%)
Invest Cap. Bank / Feb 26 Invest Capital Investment Bank Limited(ICIBL)	3.29 ▲ -0.30 (-8.36%)
Kohinoor Sp. / Feb 26 Kohinoor Spinning Mills Limited(KOSM)	3.97 ▲ -0.34 (-7.89%)
AKD Capital Ltd / Feb 26 AKD Capital Limited(AKDCL)	431.05 ▲ -34.95 (-7.50%)
Arpak Int. / Feb 26 Arpak International Investments Ltd.(ARPAK)	86.60 ▲ -7.02 (-7.50%)
Tata Textile / Feb 26 Tata Textile Mills Limited(TATM)	70.30 ▲ -5.70 (-7.50%)
Jubilee Gen. Ins. / Feb 26 Jubilee General Insurance Limited(JGICL)	45.60 ▲ -3.69 (-7.49%)
Pak Datacom Ltd / Feb 26 Pak Datacom Limited(PAKD)	114.18 ▲ -9.25 (-7.49%)
Shahtaj Sug. / Feb 26 Shahtaj Sugar Mills Limited(SHJS)	62.90 ▲ -5.09 (-7.49%)

Stock	Volume
Unity Foods / Feb 26 Unity Foods Limited(UNITY)	44,559,057 ▼ 0.00
Telecard / Feb 26 Telecard Limited(TELE)	36,652,000 ▼ 0.00
TRG Pak. / Feb 26 TRG Pakistan Limited(TRG)	32,422,387 ▼ 0.00
Byco Petr. / Feb 26 Byco Petroleum Pakistan Limited(BYCO)	25,492,500 ▼ 0.00
Hum Network / Feb 26 Hum Network Limited(HUMNL)	15,607,000 ▼ 0.00
Pakistan Refinery / Feb 26 Pakistan Refinery Limited(PRL)	14,997,500 ▼ 0.00
Hascol Petroleum / Feb 26 Hascol Petroleum Limited(HASCOL)	13,597,737 ▼ 0.00
Lotte Chemical / Feb 26 Lotte Chemical Pakistan Limited(LOTCHEM)	13,225,500 ▼ 0.00
Pak Int.Bulk Ter / Feb 26 Pakistan International Bulk Terminal Limited(PIBTL)	12,328,500 ▼ 0.00
Maple Leaf / Feb 26 Maple Leaf Cement Factory Limited(MLCF)	11,717,702 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 26	158.40
USD PKR Interbank Buying / Feb 26	158.30
USD to Japanese Yen / Feb 26	106.37
USD to Swiss Franc / Feb 26	0.91
Pound Sterling to USD / Feb 26	1.40
Euro to USD / Feb 26	1.22
UK LIBOR % / Feb 26	0.08

Stock	Volume
S&P 500 / Feb 26	3829.34
India Sensex / Feb 26	51039.31
Tokyo Nikkei / Feb 26	30168.27
Nasdaq / Feb 26	13119.43
Hang Seng / Feb 26	30074.17
FTSE 100 / Feb 26	6651.96
Dow Jones / Feb 26	31402.01
Germany DAX 30 / Feb 26	13879.33
France CAC40 / Feb 26	5783.89

Item	Value
Crude Oil / Feb 26	63.56
Karachi Cotton Assoc. / Feb 26	12000.00
Gold 10 Grams / Feb 26	94564.00
Gold Spot / Feb 26	1769.20
Cotton / Feb 26	89.69

south korea

S. Korea, Tehran agree 'proposals' on oil billions: Seoul

South Korea central bank chief says will review govt bond purchases to stabilize market

Asian bonds sold off as US yields spike; Philippine stocks slump

US aviation body orders extra inspections of some Boeing 777s

Strike threat by South Korean doctors fans fears of vaccine rollout disruption

South Korea's MFG tenders for up to 140,000 tonnes corn

South Korean spy agency says North Korea hackers tried stealing Pfizer vaccine know-how: Yonhap

Cronies, corruption: How Algeria's auto sector hit the wall

Ford CEO calls for settlement between LG Chem, SK Innovation

Blinken, South Korea foreign minister discuss North Korea, Myanmar

South Korea January jobs fall at sharpest pace in more than two decades

South Korea to approve use of AstraZeneca COVID-19 vaccine for all aged 18-plus

South Korea regulator not probing Hyundai executives' share sales after Apple deal reports

South Korea daily coronavirus cases drop ahead of Lunar New Year

South Korea advises caution on AstraZeneca's COVID-19 vaccine for elderly

Crew still on board seized ship despite Iran release pledge: Seoul

Australia's exporters weather China squall, find new harbours

South Korea to boost Seoul housing supply by 10% to calm buying frenzy

South Korea Jan exports expand for a third month, beating forecasts

South Korea reviews AstraZeneca vaccine for elderly under rollout plan

Asia shares undone by Wall St swoon, short seller squeeze

South Korea, China, Taiwan fall most after Wall Street sell-off

South Korea to begin COVID-19 vaccinations for general public in Q3

Asian stocks weaken on stimulus worries, dollar holds firm

South Korea posts worst growth in two decades

Luxury cars fuel Hyundai fourth-quarter profit; sees jump in 2021 China, North America sales

South Korea's Q4 growth likely slowed as exports recovery tempered by virus impact

eBay explores potential sale of online marketplace in South Korea

South Korea to step up monitoring of FX liquidity for non-banking institutions

Samsung chief jailed for 2.5 years over corruption scandal

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