Economy

KOSPI Ends Friday Up 0.21%

Written: 2023-10-06 15:49:38 / Updated: 2023-10-06 16:18:20

The benchmark Korea Composite Stock Price Index(KOSPI) gained five-point-13 points, or zero-point-21 percent, on Friday to close the week at ...

Economy

FX Reserves Drop for Second Month in September

Written: 2023-10-06 08:21:54 / Updated: 2023-10-06 08:40:34

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

Economy

Finance Minister Considering Extending Fuel Tax Cuts by 2 Months

Written: 2023-10-05 18:37:26 / Updated: 2023-10-05 18:43:58

Finance minister Choo Kyung-ho says he is considering extending fuel tax cuts by two months until the end of December as the reduction in such taxes ...

Economy

KOSPI Ends Thursday Down 0.09%

Written: 2023-10-05 15:52:26 / Updated: 2023-10-05 17:17:35

The benchmark Korea Composite Stock Price Index(KOSPI) fell two-point-09 points, or zero-point-09 percent, on Thursday to close the day at at ...

Economy

BOK Forecasts Inflation to Slow in Oct. after Surpassing Sept. Estimate

Written: 2023-10-05 10:45:20 / Updated: 2023-10-05 10:58:26

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Inflation Climbs 3.7% in Sept. to Post Sharpest Growth in 5 Months

Economy

Finance Minister Says Gov’t Closely Watching Financial Market Trends

Written: 2023-10-05 09:59:26 / Updated: 2023-10-05 09:59:43

Finance minister Choo Kyung-ho says the government will boost monitoring efforts with higher alertness while keeping a close eye on financial ...

Economy

Inflation Climbs 3.7% in Sept. to Post Sharpest Growth in 5 Months

Written: 2023-10-05 09:18:31 / Updated: 2023-10-05 09:52:45

The inflation rate jumped over the mid-three percent range last month to post the sharpest growth in nearly half a year. According to Statistics ...

Economy

KOSPI Ends Wednesday Down 2.41%

Written: 2023-10-04 15:47:07 / Updated: 2023-10-04 16:11:43

The benchmark Korea Composite Stock Price Index(KOSPI) shed 59-point-38 points, or two-point-41 percent, on Wednesday, to close at two-thousand-405-point-69. The ...

Economy

Diesel Tops 1,700 Won per Liter for First Time in 9 Months

Written: 2023-10-04 10:21:31 / Updated: 2023-10-04 10:24:13

Local diesel prices surpassed 17-hundred won per liter for the first time in nearly nine months. According to oil price portal Opinet run by ...

Economy

Industrial Output Rises 2.2% in August

Written: 2023-10-04 09:15:22 / Updated: 2023-10-04 18:45:38

Industrial output and investment rebounded in August while consumption declined for the second consecutive month. According to Statistics ...