Economy

Six More Farms Report Suspected AI Cases

Written: 2017-06-08 09:42:10 / Updated: 2017-06-08 10:54:13

Six more farms reported suspected cases of avian influenza(AI) on Wednesday, amid signs that AI may be spreading in South Korea.   The Ministry ...

Economy

OECD Maintains S. Korea's Growth Outlook for 2017 at 2.6%

Written: 2017-06-07 19:00:26 / Updated: 2017-06-07 19:03:14

The Organization for Economic Cooperation and Development(OECD) expects South Korea to grow two-point-six percent this year, in line with its ...

Economy

KOSPI Closes 0.36% Lower at 2,360.14

Written: 2017-06-07 15:42:21 / Updated: 2017-06-07 15:42:35

The benchmark Korea Composite Stock Price Index(KOSPI) on Wednesday fell eight-point-48 points, or point-36 percent, to close at two-thousand-360-point-14.   The ...

Economy

Hyundai Asan Unveils Korea-Japan Cruise Tour Set for Launch Next Month

Written: 2017-06-07 11:15:00 / Updated: 2017-06-07 11:30:59

Hyundai Asan will launch a new cruise tour linking South Korea and Japan from next month.   The tour operator announced on Wednesday that the base ...

Economy

Tourism Revenue Falls on THAAD Retaliation by Beijing

Written: 2017-06-06 12:56:12 / Updated: 2017-06-06 14:27:37

Anchor: New data shows that economic retaliation by Beijing against Seoul’s decision to deploy the U.S. antimissile system THAAD has sharply hurt ...

Economy

S. Korea No.1 Venue of Int'l Conferences Last Year

Written: 2017-06-05 18:17:34 / Updated: 2017-06-05 18:24:04

The Ministry of Culture, Sports and Tourism says South Korea held the largest number of international conferences last year. The country hosted ...

Economy

KOSPI Closes .13% Lower at 2,368.62

Written: 2017-06-05 15:41:41 / Updated: 2017-06-05 17:12:33

The benchmark Korea Composite Stock Price Index(KOSPI) on Monday fell three-point-10 points, or point-13 percent, to close at two-thousand-368-point-62.   The ...

Economy

Advisory Panel Working on Minimum Wage Raise

Written: 2017-06-05 14:22:00 / Updated: 2017-06-05 14:44:45

President Moon Jae-in’s de facto transition team says that it is devising a detailed road map for raising the minimum wage to ten-thousand won or ...

Economy

S. Korea’s Foreign Reserves Hit Record High in May

Written: 2017-06-05 13:31:42 / Updated: 2017-06-05 13:51:02

South Korea’s foreign exchange reserves hit a record high in May after increasing for the third consecutive month since February.   The Bank ...

Economy

Cabinet Approves 11.2 Trln Won Extra Budget Plan Focused on Job Creation

Written: 2017-06-05 09:04:11 / Updated: 2017-06-05 16:00:18

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