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Economy

Conglomerates Invest More in Subcontractors

Written: 2016-08-31 18:30:31Updated: 2016-08-31 18:49:03

South Korea's largest conglomerates invested more than 500 billion won, or nearly 449 million U.S. dollars, in their subcontractors last year ...

Economy

KOSPI, KOSDAQ Retreat on Wednesday

Written: 2016-08-31 15:53:06Updated: 2016-08-31 18:33:49

The benchmark Korea Composite Stock Price Index(KOSPI) slipped five-point-09 points, or zero-point-25 percent, to close at two-thousand-34-point-65 ...

Economy

Industrial Output Falls in July

Written: 2016-08-31 13:07:25Updated: 2016-08-31 13:11:48

South Korea's production, investment and consumption indices all fell in July, raising concerns of an economic slowdown in the second half of the ...

Economy

Biz Outlook on SMEs Improves for September

Written: 2016-08-30 17:33:56Updated: 2016-08-30 17:38:41

The business outlook for small- and medium-sized enterprises(SME) in the country has improved for the first time in four months. The Korea Federation ...

Economy

Net Foreign Credit Posts Record $358 Billion

Written: 2016-08-30 17:06:30Updated: 2016-08-30 17:15:14

The nation's net foreign credit, which is the difference between foreign assets and foreign debt, has exceeded 350 billion dollars. According ...

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