Consumer Prices Rise 2.6% in July
Written: 2024-08-02 08:29:01 / Updated: 2024-08-02 15:37:31
The inflation rate picked up slightly from the previous month in July on still high fruit prices and a reduction in fuel tax cuts. Statistics Korea ...
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FTC Begins Developing Countermeasures for TMON, WeMakePrice Incident
Written: 2024-08-01 19:09:52 / Updated: 2024-08-01 19:12:25
The Fair Trade Commission(FTC) met with open market operators to discuss improvements in the open market system and ways to prevent delayed payment ...
KOSPI Ends Thursday Up 0.25%
Written: 2024-08-01 15:50:35 / Updated: 2024-08-01 16:41:30
The benchmark Korea Composite Stock Price Index(KOSPI) rose six-point-99 points, or zero-point-25 percent, on Thursday to close at two-thousand-777-point-68. The ...
BOK: Uncertainty Remains over Possible Rate Cut Signaled by US Federal Reserve
Written: 2024-08-01 14:36:02 / Updated: 2024-08-01 14:40:19
The Bank of Korea(BOK) says uncertainty remains as to when and to what extent the U.S. Federal Reserve will cut its key interest rate after Fed Chair ...
Power Demand for This Summer Expected to Peak Next Week
Written: 2024-08-01 14:30:04 / Updated: 2024-08-01 14:38:23
The nation’s power demand is expected to peak next week amid the scorching heat following the rainy season. The Ministry of Trade, Industry ...
Exports Rise for Tenth Month in July
Written: 2024-08-01 10:37:03 / Updated: 2024-08-01 15:41:19
South Korea's exports expanded by more than ten percent in July compared to the same period last year, marking ten consecutive months of growth. According ...
Overdue Wages Jump 27 Percent to Surpass One Trillion Won in First Half
Written: 2024-08-01 09:48:53 / Updated: 2024-08-01 09:52:38
Overdue wages for workers surpassed one trillion won in the first half of the year amid a slump in the construction industry. According to the ...
TMON, WeMakePrice Pledge Business Normalization after Court's Asset, Debt Freeze
Written: 2024-07-31 17:10:41 / Updated: 2024-07-31 17:12:03
Online shopping platforms TMON and WeMakePrice, whose assets and debts have been frozen by a Seoul court after seeking court receivership, pledged ...
Interpark Commerce, AK Mall Also Experience Delays in Settling Payments
Written: 2024-07-31 17:10:01 / Updated: 2024-07-31 17:13:44
Following e-commerce companies TMON and WeMakePrice, Interpark Commerce and AK Mall, all affiliates of the Singapore-based Qoo10 Group, are ...
KOSPI Ends Wednesday Up 1.19%
Written: 2024-07-31 15:42:00 / Updated: 2024-07-31 16:11:35
The benchmark Korea Composite Stock Price Index(KOSPI) rose 32-point-five points, or one-point-19 percent, on Wednesday to close at two-thousand-770-point-69. The ...
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