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Economy

BOK Chief: Q3 Growth Expected at Above 1%

Written: 2015-10-10 13:10:27Updated: 2015-10-10 14:15:50

The chief of South Korea’s central bank has estimated that the domestic economy grew over one percent in the third quarter.   Bank of Korea Governor ...

Economy

KOSPI Shares Up 0.7% on Large Cap Gains

Written: 2015-10-08 15:34:45Updated: 2015-10-08 19:40:25

The benchmark Korea Composite Stock Price Index (KOSPI) on Thursday edged up zero-point-68 percent, or 13-point-69 points, to close the final ...

Economy

Lotte Chairman Faces Suit from Elder Brother

Written: 2015-10-08 13:08:30Updated: 2015-10-08 13:21:43

The former vice chairman of Lotte Holdings Japan has sued Lotte Group Chairman Shin Dong-bin and Lotte Holdings executives, seeking to nullify ...

Economy

Volkswagen Korea Issues Apology

Written: 2015-10-08 09:00:11Updated: 2015-10-08 11:17:25

Volkswagen Korea has apologized for its emissions rigging scandal, pledging to issue a recall.   In a letter printed in local newspapers Thursday, ...

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