Economy

FX Reserves Drop for Third Month in October

Written: 2023-11-03 08:43:04 / Updated: 2023-11-03 08:54:04

South Korea's foreign reserves declined for the third consecutive month in October on the appreciation of the U.S. dollar. According ...

Economy

Korean Air Submits Formal Remedies to European Commission

Written: 2023-11-02 19:00:10 / Updated: 2023-11-02 19:10:33

Korean Air has submitted formal remedies on addressing the European Commission’s competition concerns over its takeover of Asiana Airlines.  In ...

Economy

KOSPI Ends Thursday Up 1.81%

Written: 2023-11-02 15:47:26 / Updated: 2023-11-02 16:29:25

The benchmark Korea Composite Stock Price Index(KOSPI) gained 41-point-56 points, or one-point-81 percent, on Thursday, to close at two-thousand-343-point-12. The ...

Economy

Asiana Approves Sales of Cargo Division to Ease Korean Air Merger

Written: 2023-11-02 14:29:12 / Updated: 2023-11-02 15:04:25

Asiana Airlines approved the sale of the company’s cargo business to facilitate the merger with the country’s top carrier, Korean Air, in the face ...

Economy

Gov't to Promptly Establish Special System for Price Stabilization

Written: 2023-11-02 09:39:12 / Updated: 2023-11-02 10:03:22

Finance minister Choo Kyung-ho says the government will promptly launch a special system that prioritizes price stabilization for all government ...

Economy

Inflation Posts Highest Rate in 7 Months

Written: 2023-11-02 09:06:19 / Updated: 2023-11-02 09:58:37

Related News

Gov't to Promptly Establish Special System for Price Stabilization

Economy

KOSPI Ends Wednesday Up 1.03%

Written: 2023-11-01 15:44:11 / Updated: 2023-11-01 16:04:25

The benchmark Korea Composite Stock Price Index(KOSPI) gained 23-point-57 points, or one-point-03 percent, on Wednesday, to close at two-thousand-301-point-56. The ...

Economy

Exports Rise 5.1% in October to End 13-Mo. Contraction Streak

Written: 2023-11-01 14:00:21 / Updated: 2023-11-01 15:38:25

Anchor: Exports expanded for the first time in 13 months in October. The growth was driven by increasing outbound shipments in the country's shipbuilding ...

Economy

Exports Rebound for First Time in 13 Months with 5.1% Growth

Written: 2023-11-01 09:34:47 / Updated: 2023-11-01 09:36:20

Exports increased more than five percent on-year in October to post growth for the first time in 13 months. According to data from the Ministry ...

Economy

KOSPI Ends Tuesday Down 1.41%

Written: 2023-10-31 15:55:53 / Updated: 2023-10-31 16:10:48

The benchmark Korea Composite Stock Price Index(KOSPI) shed 32-point-56 points, or one-point-41 percent, on Tuesday to close the day at two-thousand-277-point-99. The ...