Economy

Inflation Posts Highest Rate in 7 Months

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

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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 ...

Economy

Hyundai Motor’s Plant in Russia Extends Shutdown to late Nov.

Written: 2023-10-31 14:47:41 / Updated: 2023-10-31 15:13:37

Hyundai Motor’s plant located in St. Petersburg, Russia has extended its shutdown until November 30th. According to Russia’s state-run TASS ...

Economy

Samsung Electronics Reports 77.6% Fall in Q3 Operating Profit

Written: 2023-10-31 09:52:40 / Updated: 2023-10-31 09:55:21

Samsung Electronics reported that its operating profit dropped nearly 78 percent in the third quarter amid a prolonged slump in the chip industry.  The ...

Economy

Sept. Sees Triple Rise in Industrial Output, Consumption, Investment

Written: 2023-10-31 08:52:03 / Updated: 2023-10-31 09:01:58

The nation witnessed an increase in industrial output and consumption as well as investment in September to post the first triple rise in three months ...

Economy

KOSPI Ends Monday Up 0.34%

Written: 2023-10-30 15:38:48 / Updated: 2023-10-30 16:27:44

The benchmark Korea Composite Stock Price Index(KOSPI) gained seven-point-74 points, or zero-point-34 percent, on Monday, to close the day at ...

Economy

Prosecutors Raid SPC Group, Exec. Offices in Union Coercion Probe

Written: 2023-10-30 15:22:11 / Updated: 2023-10-30 15:39:00

Prosecutors raided the headquarters and executive offices of food and beverage company SPC Group over allegations that workers were coerced into ...