Economy

Gov't Stimulus Boosted Q3 Growth by up to 1%

Written: 2015-11-02 10:51:34 / Updated: 2015-11-02 12:41:27

The government’s stimulus measures are estimated to have boosted the country’s economic growth rate in the third quarter by zero-point-eight ...

Economy

S. Korea Extends Recession-Driven Current Account Surplus

Written: 2015-11-02 09:14:11 / Updated: 2015-11-02 09:19:00

South Korea extended its recession-driven current account surplus streak in September as imports dwindled more than exports.   The Bank of Korea ...

Economy

S. Korea, China, Japan to Speed up 3-Way FTA Talks

Written: 2015-11-01 18:17:57 / Updated: 2015-11-02 08:58:23

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Economy

Agreement to Allow S. Korea's Exports of Rice, Samgyetang to China

Written: 2015-11-01 13:20:00 / Updated: 2015-11-01 14:28:51

South Korea and China have reached an agreement on inspection rules regarding exports of South Korea’s rice and "samgyetang," a Korean ginseng ...

Economy

S. Korea's Exports Drop 15.8% in October

Written: 2015-11-01 13:09:00 / Updated: 2015-11-01 14:29:42

South Korea’s exports shrank 15-point-eight percent from a year ago in October, which is the largest drop since August 2009.   The Ministry ...

Economy

Newly Listed Firms Expected to be Highest in 13 Years

Written: 2015-10-31 13:00:31 / Updated: 2015-10-31 13:31:26

The number of companies newly listed on the benchmark Korea Composite Stock Price Index (KOSPI) and the secondary tech-heavy KOSDAQ this year is ...

Economy

Q3 Auto Exports Drop 5.7%

Written: 2015-10-31 12:10:12 / Updated: 2015-10-31 13:22:42

South Korean auto exports dropped sharply in the third quarter, mainly due to a significant decrease in shipments to China.   Recent data from ...

Economy

Samsung to Sell its Chemical Companies to Lotte

Written: 2015-10-30 18:03:37 / Updated: 2015-10-30 18:27:40

Samsung Group has decided to sell Samsung SDI Chemical, Samsung Fine Chemicals Company and Samsung BP Chemicals Company to Lotte Group.   Samsung ...

Economy

KOSPI Dips Below 2,030

Written: 2015-10-30 15:25:19 / Updated: 2015-10-30 15:38:57

The benchmark Korea Composite Stock Price Index (KOSPI) ended the week below the two-thousand-30 level.   The KOSPI on Friday lost four-point-60 ...

Economy

Banking Competition to Heat up as Switching Accounts Becomes Easier

Written: 2015-10-30 15:22:38 / Updated: 2015-10-30 16:18:54

Anchor: Moving banks can often be a headache as various automatic withdrawals must also be migrated. A new Web site in South Korea aims to make the ...