Economy
Written: 2016-11-21 11:30:36 / Updated: 2016-11-21 13:54:52
The Financial Supervisory Service(FSS) has begun a written inquiry into how commercial banks set their interest on loans amid a recent rise in mortgage ...
Economy
Written: 2016-11-19 12:09:13 / Updated: 2016-11-19 13:01:34
South Korean exports to China continued to post negative growth for the 16th straight month since July last year.
According to the Korea International ...
Economy
Written: 2016-11-18 16:47:14 / Updated: 2016-11-18 17:14:59
South Koreans' credit card spending overseas sharply rose to reach a quarterly high in the third quarter.
According to Bank of Korea data released ...
Economy
Written: 2016-11-18 16:15:09 / Updated: 2016-12-07 09:37:18
The benchmark Korea Composite Stock Price Index(KOSPI) on Friday lost five-point-97 points, or zero-point-three percent, to close at one-thousand-974-point-58, ...
Economy
Written: 2016-11-18 15:04:43 / Updated: 2016-11-18 15:26:26
South Korea ranked 47th in the world in terms of quality of life, down seven steps from last year.
According to an annual report compiled by the ...
Economy
Written: 2016-11-18 14:14:53 / Updated: 2016-11-18 15:17:18
Bank of Korea(BOK) Governor Lee Ju-yeol has pledged to take active action if the domestic financial market grows more unstable.
He revealed ...
Economy
Written: 2016-11-18 10:10:10 / Updated: 2016-11-18 16:31:42
Sales of cars in the European Union(EU) produced by South Korean automaker Hyundai Motor and its affiliate Kia Motors shot up in the first ten months ...
Economy
Written: 2016-11-18 08:33:24 / Updated: 2016-11-18 09:49:22
South Korea’s producer prices rose for the third straight month though the level is still slightly lower than a year ago.
According to preliminary ...
Economy
Written: 2016-11-17 18:58:51 / Updated: 2016-11-17 19:40:11
South Korean financial regulators are promising measures to cushion the impact of a possible rise in interest rates on the working class.
Yim ...
Economy
Written: 2016-11-17 18:10:14 / Updated: 2016-11-18 07:09:47
Salaried workers in South Korea are paying a record amount of income tax.
According to a new government budget report, earned income tax ...