Economy

Gas, Diesel Prices Rise for 7th Week

Written: 2023-08-26 13:04:02 / Updated: 2023-08-26 13:09:08

Local gasoline and diesel prices have risen for the seventh week.  According to oil price portal Opinet run by the Korea National Oil Corporation, ...

Economy

KOSPI Ends Friday Down 0.73%

Written: 2023-08-25 15:43:28 / Updated: 2023-08-25 16:04:41

The benchmark Korea Composite Stock Price Index(KOSPI) lost 18-point-54 points, or zero-point-73 percent, on Friday, to close the week at two-thousand-519-point-14. The ...

Economy

Report: China's Economic Woes Feared to Reduce S. Korean Exports

Written: 2023-08-24 17:29:58 / Updated: 2023-08-24 17:31:31

A local think tank predicts that South Korean exports to China this year could drop by more than 36-point-nine billion dollars due to China's ...

Economy

KOSPI Ends Thursday Up 1.28%

Written: 2023-08-24 15:45:48 / Updated: 2023-08-24 17:37:50

The benchmark Korea Composite Stock Price Index(KOSPI) rose 32-point-18 points, or one-point-28 percent, on Thursday, to close the day at two-thousand-537-point-68. The ...

Economy

BOK Rate-Setting Committee to Maintain Austerity for Some Time

Written: 2023-08-24 11:33:04 / Updated: 2023-08-24 11:36:58

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BOK Keeps Key Interest Steady at 3.5% for 5th Time

Economy

BOK Keeps Key Interest Steady at 3.5% for 5th Time

Written: 2023-08-24 11:01:15 / Updated: 2023-08-24 13:42:43

South Korea's central bank has kept the key interest rate steady at three-point-five percent for the fifth consecutive time. The Bank ...

Economy

Producer Prices Post Growth in July After Seeing Decline for 3 Months

Written: 2023-08-24 08:23:48 / Updated: 2023-08-24 08:32:19

Producer prices posted growth in July after declining for three consecutive months. The Bank of Korea(BOK) said on Thursday that the producer ...

Economy

KOSPI Ends Wednesday Down 0.41%

Written: 2023-08-23 15:53:44 / Updated: 2023-08-23 16:05:14

The benchmark Korea Composite Stock Price Index(KOSPI) lost ten-point-24 points, or zero-point-41 percent, on Wednesday, to close the day at ...

Economy

Business Sentiment Worsens for Second Month in August

Written: 2023-08-23 08:24:40 / Updated: 2023-08-23 08:32:26

Business sentiment worsened for the second consecutive month in August amid continued economic uncertainties. According to the Bank of Korea ...

Economy

FKI Changes Name, Appoints New Chief in Major Overhaul

Written: 2023-08-22 16:27:06 / Updated: 2023-08-22 16:58:20

The Federation of Korean Industries(FKI), the country's leading business lobby group, has revamped and rebranded with the appointment of a new ...