Economy

Gold Price Soars Amid US-N. Korea Tension

Written: 2017-09-26 18:51:53 / Updated: 2017-09-26 19:42:36

The price of gold has soared as heightened global uncertainties, including geopolitical tensions on the Korean Peninsula, are driving investors ...

Economy

KOSPI Closes 0.26% Lower at 2,374.32

Written: 2017-09-26 15:37:32 / Updated: 2017-09-26 17:07:12

The benchmark Korea Composite Stock Price Index(KOSPI) on Tuesday fell six-point-08 points, or point-26 percent, to close at two-thousand-374-point-32.  The ...

Economy

Agricultural Development Zones Sharply Shrink in Past Decade

Written: 2017-09-26 15:27:13 / Updated: 2017-09-26 16:20:19

Agricultural development zones that are designated and managed by the state have diminished by some 126-thousand hectares over the past decade. This ...

Economy

ADB Raises S. Korea's Growth Outlook to 2.8%

Written: 2017-09-26 15:13:28 / Updated: 2017-09-26 16:16:06

The Asian Development Bank(ADB) has raised South Korea's growth outlook for this year from two-point-seven to two-point-eight percent.   In ...

Economy

Unilever to Buy Carver Korea for 3 Trillion Won

Written: 2017-09-26 10:34:42 / Updated: 2017-09-26 11:16:21

Dutch-British consumer goods company Unilever agreed to acquire South Korean cosmetics maker Carver Korea for two-point-27 billion euros, ...

Economy

Consumer Sentiment Falls for Second Month on Geopolitical Risks

Written: 2017-09-26 08:52:16 / Updated: 2017-09-26 10:56:18

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Economy

Finance Minister Assures Price Stability Ahead of Chuseok

Written: 2017-09-25 16:53:53 / Updated: 2017-09-25 17:12:12

Finance Minister Kim Dong-yeon says the government will do its best to maintain consumer prices at a stable level ahead of the Chuseok holiday.   Kim ...

Economy

Fintech Firm to Open Largest Digital Currency Exchange in S. Korea

Written: 2017-09-25 15:54:39 / Updated: 2017-09-25 17:08:19

A financial technology firm and affiliate of Kakao Corporation will launch the largest virtual currency exchange in South Korea.    The firm ...

Economy

KOSPI Closes 0.35% Lower at 2,380.40

Written: 2017-09-25 15:43:04 / Updated: 2017-09-25 17:05:08

The benchmark Korea Composite Stock Price Index(KOSPI) on Monday fell eight-point-31 points, or point-35 percent, to close at two-thousand-380-point-40.  The ...

Economy

BOK: Export Volume in Aug. Surged on Semiconductor and Automobile Demand

Written: 2017-09-25 15:01:53 / Updated: 2017-09-25 17:13:00

South Korea's exports continued to surge last month, fueled by demand for automobiles and memory chips.   According to the Bank of Korea's monthly ...