KDI: Economy Appears to be Bottoming Out
Written: 2023-07-09 13:12:36 / Updated: 2023-07-09 14:04:41
The state-run Korea Development Institute (KDI) said that the economy appears to be bottoming out as the decline in the manufacturing sector has ...
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Operating Profit Woes for Samsung Electronics Persist in Q2, Drop 95%
Written: 2023-07-07 09:48:36 / Updated: 2023-07-07 09:56:26
Samsung Electronics has projected that its operating profit nosedived more than 95 percent in the second quarter, the worst performance since ...
Current Account Returns to Black in May
Written: 2023-07-07 08:36:07 / Updated: 2023-07-07 09:08:44
The country’s current account balance returned to the black in May on the back of a trade surplus and increased dividend payments from overseas. According ...
Arrest Warrant Sought for Naver Cafe Host over Stock Manipulation
Written: 2023-07-06 15:48:00 / Updated: 2023-07-06 16:41:53
A joint investigation team of prosecutors and financial authorities has requested arrest warrants for three individuals including an online ...
Gov’t Forms Team to Respond to Concerns over KFCC’s Soundness
Written: 2023-07-06 15:07:38 / Updated: 2023-07-07 08:02:38
A pan-government crisis response team has been formed amid growing concerns over the soundness of the Korea Federation of Community Credit Cooperatives(KFCC). The ...
Labor, Management to Reattempt to Set Minimum Wage for Next Year
Written: 2023-07-06 10:11:12 / Updated: 2023-07-06 11:15:24
Labor and management will seek to narrow differences and try again to set next year's minimum wage during a meeting on Thursday afternoon. The ...
Ice Cream Prices Post Sharp Growth Again in June
Written: 2023-07-06 08:30:58 / Updated: 2023-07-06 09:09:27
Ice cream prices in South Korea grew sharply again last month. According to Statistics Korea on Thursday, the consumer price index of the popular ...
KOSPI Ends Wednesday Down 0.55%
Written: 2023-07-05 15:46:06 / Updated: 2023-07-05 16:05:24
The benchmark Korea Composite Stock Price Index(KOSPI) fell 14-point-31 points, or zero-point-55 percent, on Wednesday, to close the day at two-thousand-579. The ...
S. Korea's FX Reserves Rebound in June on Weaker Dollar
Written: 2023-07-05 08:50:53 / Updated: 2023-07-05 09:07:20
South Korea's foreign reserves increased by some 500 million dollars last month on the recent depreciation of the U.S. dollar. According ...
FTC Raids Top Entertainment Firms on Suspicions of Subcontracting Act Violation
Written: 2023-07-04 16:24:56 / Updated: 2023-07-04 18:46:36
The Fair Trade Commission(FTC) launched an investigation on Tuesday on large entertainment companies on suspicion of violating the Subcontracting ...
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