Economy

Samsung Unveils Galaxy Note 8

Written: 2017-08-24 09:16:29 / Updated: 2017-08-25 11:25:15

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Samsung Hopes To Regain Consumer Trust With Galaxy Note 8

Economy

S. Koreans' Overseas Credit Card Spending Hits Record High in Q2

Written: 2017-08-24 08:50:46 / Updated: 2017-08-24 15:11:02

South Koreans' credit card spending overseas hit a record high in the second quarter.   According to Bank of Korea data released on Thursday, ...

Economy

Financial Watchdog: Household Debt Managed at Stable Level

Written: 2017-08-23 18:49:58 / Updated: 2017-08-23 19:52:09

South Korea's financial watchdog says the country's household debt is being managed at a stable level amid growing concerns. Vice Chairman ...

Economy

Gov't Data Confirms Toughening Job Market

Written: 2017-08-23 17:07:59 / Updated: 2017-08-23 18:25:22

New government data shows that job seekers are deemed to be having a tougher time landing a job this year compared to last year.   According to ...

Economy

KOSPI Closes 0.05% Higher at 2,366.40

Written: 2017-08-23 15:49:09 / Updated: 2017-08-23 15:49:27

The benchmark Korea Composite Stock Price Index(KOSPI) on Wednesday rose one-point-07 points, or point-05 percent, to close at two-thousand-366-point-40.  The ...

Economy

S. Korea's Household Debt Hits Record High In 2nd Quarter

Written: 2017-08-23 15:31:51 / Updated: 2017-08-23 15:38:46

South Korea's household debt hit a record high in the second quarter, expanding ten trillion won on average every month between April and June.  According ...

Economy

Vietnam on Way to Become S. Korea's Third-Largest Export Destination

Written: 2017-08-23 13:32:48 / Updated: 2017-08-23 13:34:06

South Korea's exports to Vietnam soared about 50 percent in the first seven months of 2017, an increase that is likely to put the Southeast Asian country ...

Economy

Number of Foreign Tourists Drops 40% in July

Written: 2017-08-23 11:03:59 / Updated: 2017-08-23 11:30:54

The number of foreign tourists visiting South Korea has declined for a fifth consecutive month.   The Korea Tourism Organization(KTO) said ...

Economy

LG Electronics to Build Electric Car Parts Plant in Michigan

Written: 2017-08-23 10:23:10 / Updated: 2017-08-23 13:26:00

LG Electronics will build an electric vehicle parts factory in the U.S. state of Michigan.   The tech giant said Wednesday that it will invest ...

Economy

S. Korean Banks' Bad Debt Ratio Lowest Since 2008

Written: 2017-08-23 10:17:35 / Updated: 2017-08-23 12:01:21

The ratio of non-performing loans at South Korean banks has dropped to the lowest level since 2008.   According to data by the Financial Supervisory ...