IMF Blames Chip Sector Stagnation for S. Korea's Slashed Outlook
Written: 2023-04-14 14:21:45 / Updated: 2023-04-17 09:32:54
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Gov't Assesses Economic Slowdown in Its 3rd Month Due to Chip Sector
Written: 2023-04-14 14:04:03 / Updated: 2023-04-14 14:33:09
The government has said that the sluggishness of the domestic economy has continued into a third month on the back of stagnation in the semiconductor ...
S. Korea, Kazakhstan Agree to Expand Cooperation in Key Minerals, Infrastructure
Written: 2023-04-14 11:03:21 / Updated: 2023-04-14 11:32:28
South Korea and Kazakhstan agreed to expand bilateral cooperation in key minerals and major infrastructure projects on Friday. The Ministry ...
BOK Chief: SVB-Like Bank Run in S. Korea Would Be 100 Times Faster
Written: 2023-04-14 10:38:47 / Updated: 2023-04-14 11:30:34
The head of the central bank has warned that a bank run in South Korea similar to the Silicon Valley Bank(SVB) collapse in the U.S. would happen 100 ...
Finance Minister Expects Economy to Improve in 2nd Half of Year
Written: 2023-04-14 10:21:32 / Updated: 2023-04-14 11:09:51
Finance minister Choo Kyung-ho said that the South Korean economy is expected to improve from the second half of the year. The minister made ...
IMF Cites Slowing Chip Industry, Domestic Demand for Decline in Growth Outlook
Written: 2023-04-14 08:52:17 / Updated: 2023-04-14 12:37:26
The International Monetary Fund(IMF) says that South Korea’s growth outlook for this year was lowered due to the deteriorating semiconductor ...
KOSPI Ends Thursday Up 0.43%
Written: 2023-04-13 15:42:42 / Updated: 2023-04-13 15:43:26
The benchmark Korea Composite Stock Price Index(KOSPI) jumped eleven-point-02 points, or zero-point-43 percent, on Thursday, to close the day ...
Fiscal Deficit for First 2 Months of 2023 Stands at Nearly 31 Tln Won
Written: 2023-04-13 14:47:18 / Updated: 2023-04-13 16:07:55
Tax revenue for January and February fell 16 trillion won compared to last year as it came in at an estimated 54-point-two trillion won. The finance ...
Import, Export Prices Rise for Second Month in March
Written: 2023-04-13 09:56:28 / Updated: 2023-04-13 10:17:01
The country's import and export prices both rose for the second straight month in March on the back of the won's depreciation against the U.S. dollar. According ...
KOSPI Ends Wednesday Up 0.11%
Written: 2023-04-12 15:47:15 / Updated: 2023-04-12 16:38:20
The benchmark Korea Composite Stock Price Index(KOSPI) rose two-point-78 points, or zero-point-11 percent, on Wednesday, to close the day at ...
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