Economy Contracts 0.2% in Q2
Written: 2024-09-05 10:22:07 / Updated: 2024-09-05 10:29:49
The economy contracted zero-point-two percent in the second quarter. The Bank of Korea said Thursday that the real gross domestic product ...
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KOSPI Tumbles to 2,580 Mark Amid US Recession Fears
Written: 2024-09-04 18:00:00 / Updated: 2024-09-04 19:07:11
Amid renewed fears of a U.S. economic recession, the benchmark Korea Composite Stock Price Index(KOSPI) plunged to the two-thousand-580 mark ...
KOSPI Tumbles 3.15% on Wednesday
Written: 2024-09-04 15:45:37 / Updated: 2024-09-04 16:42:23
The benchmark Korea Composite Stock Price Index(KOSPI) plunged 83-point-83 points, or three-point-15 percent, on Wednesday to close at two-thousand-580-point-eight, ...
FSS Chief to Meet with Bank Presidents to Discuss Household Loan Management Measures
Written: 2024-09-04 15:30:57 / Updated: 2024-09-04 15:49:38
Financial Supervisory Service(FSS) chief Lee Bok-hyun announced Wednesday that he plans to meet with bank presidents to discuss countermeasures ...
S. Korea's FX Reserves Rise in August As U.S. Dollar Weakens
Written: 2024-09-04 09:16:46 / Updated: 2024-09-04 09:23:05
South Korea's foreign reserves increased by approximately two-point-four billion U.S. dollars in August, amid the depreciation of the ...
KOSPI Ends Tuesday Down 0.61%
Written: 2024-09-03 15:40:23 / Updated: 2024-09-03 17:49:44
The benchmark Korea Composite Stock Price Index(KOSPI) dipped 16-point-37 points, or zero-point-61 percent, on Tuesday to close at two-thousand-664-point-63. The ...
S. Korea, Bulgaria Agree to Enhance Bilateral Energy Cooperation
Written: 2024-09-03 14:11:06 / Updated: 2024-09-03 14:38:15
Energy ministers from South Korea and Bulgaria have agreed to enhance bilateral cooperation in the energy sector, including nuclear power plants. According ...
KOSPI Ends Monday Up 0.25%
Written: 2024-09-02 15:49:22 / Updated: 2024-09-02 16:40:15
The benchmark Korea Composite Stock Price Index(KOSPI) rose six-point-69 points, or zero-point-25 percent, on Monday to close at two-thousand-681. The ...
Mortgage Loans Jump by over 7 Trillion Won in August
Written: 2024-09-01 13:47:18 / Updated: 2024-09-01 14:05:04
The country's household credit is showing no signs of slowdown, although banks started tightening curbs on mortgage loans amid a sharp increase ...
Exports Rise for 11th Month in August
Written: 2024-09-01 11:47:35 / Updated: 2024-09-01 15:30:45
The country's exports expanded by more than ten percent in August from a year earlier, marking eleven consecutive months of growth. According ...
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