Category: General

(LEAD) Yoon vows bold reforms in stock market taxes

SEOUL, President Yoon Suk Yeol vowed Wednesday to implement “bold” reforms in stock market taxes to correct the perceived undervaluation of South Korean shares and improve the financial situation of ordinary people.

Yoon made the remark during a mee…

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Hyundai, Kia win design awards in U.S.

SEOUL, Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, have picked up nine awards at prestigious annual design awards in the United States for their innovative design competitiveness, the companies said Wednesday.

Hyundai snagged …

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Foreign currency deposits up for 3rd month in December

SEOUL, Foreign currency deposits increased for the third straight month in December as export settlements increased, central bank data showed Wednesday.

Residents’ outstanding foreign currency-denominated deposits reached US$103.88 billion at end-De…

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