Economy

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 ...

Economy

Finance Minister: Price Stability a Priority over Economic Response

Written: 2023-04-12 14:11:14 / Updated: 2023-04-12 14:26:27

Finance minister Choo Kyung-ho said price stability remains a priority over responses to the economy in the government's policy implementation. Choo, ...

Economy

469,000 Jobs Added in March to Reverse 9-Month Downward Trend

Written: 2023-04-12 08:57:37 / Updated: 2023-04-12 11:33:02

The nation added nearly 470-thousand jobs in March as growth expanded at a faster pace than in the previous month. According to Statistics Korea ...

Economy

IMF Slashes S. Korea's 2023 Economic Growth Forecast to 1.5%

Written: 2023-04-12 08:31:56 / Updated: 2023-04-12 10:04:33

The International Monetary Fund(IMF) has slashed its growth estimate for South Korea’s economy this year to one-point-five percent in its latest ...

Economy

KOSPI Ends Tuesday Up 1.42%

Written: 2023-04-11 15:44:34 / Updated: 2023-04-11 16:54:14

The benchmark Korea Composite Stock Price Index(KOSPI) gained 35-point-78 points, or one-point-42 percent, on Tuesday, to close the day at two-thousand-547-point-86. The ...

Economy

Over 100 Korean Biz Leaders to Join Yoon's State Visit to US

Written: 2023-04-11 14:13:57 / Updated: 2023-04-11 14:24:42

More than 100 South Korean business leaders are expected to accompany President Yoon Suk Yeol during his state visit to the U.S. later this month.   According ...

Economy

BOK Chief: Now Not Time to Discuss Rate Cut

Written: 2023-04-11 14:07:30 / Updated: 2023-04-11 15:16:44

Bank of Korea(BOK) Governor Rhee Chang-yong on Tuesday talked down any discussion of a rate cut before inflation shows signs of nearing the BOK's ...

Economy

FTC Slaps Google 42.1 Bln Won Fine for Play Store Release Exclusivity

Written: 2023-04-11 13:52:49 / Updated: 2023-04-11 15:04:28

The state antitrust regulator on Tuesday slapped a fine of around 42-point-one billion won, or some 31-point-eight million U.S. dollars, on Google ...

Economy

BOK Freezes Key Rate at 3.5%

Written: 2023-04-11 10:16:59 / Updated: 2023-04-11 14:35:51

Related News

BOK Chief: Now Not Time to Discuss Rate Cut

Economy

S. Korea to Invest 13.5 Tln Won by 2030 in Chips, Batteries, Key Sectors

Written: 2023-04-10 16:02:18 / Updated: 2023-04-10 16:47:28

South Korea will invest 13-point-five trillion won, or over ten billion U.S. dollars, by 2030 in key industry sectors, including semiconductors, ...