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Economy

KOSPI Hits Yearly High During Day's Trading

Written: 2017-03-16 11:27:18Updated: 2017-03-16 14:50:11

South Korea’s benchmark Korea Composite Stock Price Index(KOSPI) has surged to its highest rate in 23 months during midday trading on Thursday.   The ...

Economy

'FTA Mutually Benefits S. Korea, US'

Written: 2017-03-15 18:14:20Updated: 2017-03-15 18:28:58

A senior official at a U.S. think tank says the South Korea-U.S. free trade agreement benefits both sides. Wendy Cutler, vice president of the ...

Economy

S. Korean Automakers Enjoy Biz Boom in Feb.

Written: 2017-03-15 13:58:25Updated: 2017-03-15 14:16:49

South Korea’s automobile industry enjoyed an overall growth in production, domestic demand and exports last month.   The Ministry of Trade ...

Economy

S. Korea's Unemployment Rate Hits 7-Year High

Written: 2017-03-15 09:09:57Updated: 2017-03-15 12:53:35

Amid the prolonged economic slump, South Korea’s unemployment rate has shot to the highest level in more than seven years.    According to Statistics ...

Economy

BOK to Launch Project to Reduce Use of Coins

Written: 2017-03-14 18:43:57Updated: 2017-03-14 18:48:02

The Bank of Korea plans to launch a pilot project to sharply reduce the use of coins and ultimately realize a coinless society. Starting next ...

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