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Economy

BOK Keeps Key Rate Unchanged at 1.25%

Written: 2016-12-15 13:35:29Updated: 2016-12-15 15:21:54

Anchor: The nation's central bank retained the key interest rate at one-point-25 percent for the sixth straight month in the wake of the U.S. Federal ...

Economy

S. Korea's Household Loans Continue to Soar

Written: 2016-12-14 18:07:59Updated: 2016-12-14 18:52:41

South Korea's household loans extended by local banks rose eleven-point-five percent in November from a year earlier, despite a series of measures ...

Economy

Fitch Keeps S. Korea’s Rating at ‘AA-‘

Written: 2016-12-14 15:36:03Updated: 2016-12-14 19:29:46

Global credit appraiser Fitch Ratings says the impeachment of President Park Geun-hye will not have significant negative effects on South Korea’s ...

Economy

Hyundai, Kia Cars Win Good Design Awards in US

Written: 2016-12-14 15:18:18Updated: 2016-12-14 15:18:44

Hyundai Motor Group says that its affiliate Kia Motors has won 2016 Good Design awards in the U.S. for the Ionic, the K7 and the Telluride cars.   Hyundai’s ...

Economy

Export, Import Prices Rise Sharply

Written: 2016-12-14 08:20:30Updated: 2016-12-14 09:57:39

South Korea’s export and import prices have risen sharply due to a weaker local currency. According to the Bank of Korea(BOK) on Wednesday, ...

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