Exports Fall 7.4% in 2023
Written: 2024-01-01 13:36:22 / Updated: 2024-01-01 13:36:44
The nation logged a trade deficit for the second consecutive year due to sluggish chip exports amid a weak global demand. According to data ...
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BOK Chief Calls for Readiness Against Financial Instability amid Tight Fiscal Policy
Written: 2024-01-01 13:15:38 / Updated: 2024-01-01 13:17:58
The head of the Bank of Korea(BOK) has stressed the need to thoroughly prepare for possible financial instability as the government continues to ...
Economy Forecast to Grow 2% Next Year
Written: 2023-12-31 14:37:15 / Updated: 2023-12-31 14:37:51
The Korean economy is forecast to grow by an average of two percent next year. According to the financial industry on Sunday, the average outlook ...
S. Korea's Auto Exports to US Top One Million Units for First Time in 8 Years
Written: 2023-12-31 13:30:10 / Updated: 2023-12-31 13:44:16
South Korea’s car exports to the United States surpassed one million units this year for the first time in eight years. According to the Korea Automobile ...
Consumer Prices Rise 3.6% in 2023
Written: 2023-12-29 08:35:27 / Updated: 2023-12-29 08:52:39
Consumer prices rose over three-and-a-half percent this year from a year earlier. According to Statistics Korea on Friday, the country's ...
KOSPI Ends Thursday up 1.6%
Written: 2023-12-28 15:39:09 / Updated: 2023-12-28 16:35:44
The benchmark Korea Composite Stock Price Index(KOSPI) gained 41-point-78 points, or one-point-six percent on Thursday, to close the day at two-thousand-655-point-28. The ...
Top Court Upholds Prison Term for Violating Workplace Accident Law for 1st Time
Written: 2023-12-28 15:30:19 / Updated: 2023-12-28 15:36:25
The Supreme Court has upheld a prison sentence for a company chief under the Serious Accidents Punishment Act for the first time since its enactment ...
S. Korea Signs FTA with Gulf Cooperation Council
Written: 2023-12-28 14:22:22 / Updated: 2023-12-29 08:35:55
Anchor: South Korea announced that it has signed a free trade agreement with the Gulf Cooperation Council. Seoul managed to secure the deal before ...
Taeyoung E&C Applies for Workout amid Liquidity Shortage
Written: 2023-12-28 11:02:26 / Updated: 2023-12-28 11:25:46
Taeyoung Engineering and Construction has applied for debt restructuring in a bid to resolve its struggle with a liquidity shortage due to real ...
Industrial Output, Consumption Both Post Growth in November
Written: 2023-12-28 09:04:05 / Updated: 2023-12-28 09:31:48
Industrial output grew last month thanks to a strong performance in the semiconductor industry. Statistics Korea said on Thursday that the ...
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