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Economy

BOK to Reduce Meetings on Interest Rate

Written: 2015-12-24 13:38:16Updated: 2015-12-24 13:42:55

The Bank of Korea has decided to hold fewer monetary policy meetings, where the nation's benchmark interest rate is decided.   The Bank of Korea ...

Economy

Public Debt Rises to 64.5% of GDP

Written: 2015-12-24 11:19:49Updated: 2015-12-24 12:49:51

South Korea’s public sector debt has neared almost 65 percent of its gross domestic product (GDP).   The Ministry of Strategy and Finance said ...

Economy

4 out of 10 Startups Closed in 1 Year

Written: 2015-12-23 15:31:29Updated: 2015-12-24 15:45:25

Anchor: Four out of ten startups in South Korea are forced to close their doors within just one year. However, signs that business conditions are ...

Economy

KOSPI Ends Just Shy of 2,000

Written: 2015-12-23 15:22:18Updated: 2015-12-23 17:30:38

The benchmark Korea Composite Stock Price Index (KOSPI) ended just shy of the two-thousand-point threshold on Wednesday, climbing six-point-66 ...

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