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Economy

KOSPI Dips While KOSDAQ Gains

Written: 2015-11-12 16:16:31Updated: 2015-11-12 16:47:45

The benchmark Korea Composite Stock Price Index (KOSPI) declined on Thursday, losing three-point-91 points or zero-point-20 percent, to one-thousand-993-point-36.  The ...

Economy

BOK: S. Korean Economy Will Continue Recovery

Written: 2015-11-12 14:47:48Updated: 2015-11-12 18:17:47

The Bank of Korea (BOK) has kept its key interest rate unchanged for a fifth straight month at an all-time low of one-point-five percent.   In the ...

Economy

New Oceans Minister Emphasizes Maritime Safety

Written: 2015-11-12 12:45:31Updated: 2015-11-12 15:55:20

New Minister for Oceans and Fisheries Kim Young-suk has placed top priority on the safety of passenger ships.   Kim made the remarks in his inauguration ...

Economy

S. Korea Biggest Ramen Consumer in the World

Written: 2015-11-11 16:44:57Updated: 2015-11-11 16:50:33

South Koreans consumed the largest amount of instant ramen noodles per person in the world last year.   According to data by the Ministry of Agriculture, ...

Economy

KOSPI Edges Up

Written: 2015-11-11 15:21:29Updated: 2015-11-11 15:21:46

South Korean shares edged up on Wednesday after declining the previous day due to wavering investor sentiment.   The benchmark Korea Composite ...

Economy

FSS: 175 Small Firms to Undergo Restructuring

Written: 2015-11-11 15:18:03Updated: 2015-11-11 15:57:12

The Financial Supervisory Service announced that it will encourage 175 small- and mid-sized firms that have seen worsened business performances ...

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