Economy

Consumer Price Growth Falls below 5% for First Time in 10 Months

Written: 2023-03-06 08:53:52 / Updated: 2023-03-06 13:25:15

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Economy

Young People Take up 30% of Borrowers from Multiple Financial Institutions

Written: 2023-03-05 13:13:39 / Updated: 2023-03-05 17:15:58

Three out of ten South Koreans who borrowed money from more than three financial institutions were people aged under 40. According to related ...

Economy

Chip Inventory-to-Sales Ratio Hits Near 26-Year High in January

Written: 2023-03-05 12:24:28 / Updated: 2023-03-05 13:43:20

The country's semiconductor inventory rose to its highest level in nearly 26 years in January, amid a slump in global chip demand. According ...

Economy

KOSPI Ends Friday Up 0.17%

Written: 2023-03-03 15:51:47 / Updated: 2023-03-03 15:54:30

The benchmark Korea Composite Stock Price Index(KOSPI) rose four-point-22 points, or zero-point-17 percent, on Friday, to close the week at two-thousand-432-point-07. The ...

Economy

Income Bracket for Pension Contribution to Rise from Summer

Written: 2023-03-03 15:24:48 / Updated: 2023-03-04 09:28:29

The monthly contribution to the national pension for subscribers earning more than five-point-nine million won, or some four-thousand-500 U.S. ...

Economy

Gov't to Revamp Regulations to Boost Robot Industry

Written: 2023-03-02 18:46:37 / Updated: 2023-03-02 18:50:06

The government plans to actively remove red tape in areas related to the robot industry, pushing to introduce delivery service robots and security ...

Economy

Gov't Vows to Hold Consultation with US on CHIPS Act

Written: 2023-03-02 18:00:03 / Updated: 2023-03-02 18:40:14

The government said on Wednesday that it will hold discussions with U.S. officials to fully reflect South Korean companies' position in implementing ...

Economy

KOSPI Ends Thursday Up 0.62%

Written: 2023-03-02 15:55:23 / Updated: 2023-03-02 15:59:47

The benchmark Korea Composite Stock Price Index(KOSPI) rose 15 points, or zero-point-62 percent, on Thursday, to close the day at two-thousand-427-point-85. The ...

Economy

Housing Transactions Lackluster in January despite Eased Regulations

Written: 2023-03-02 14:24:57 / Updated: 2023-03-02 15:55:21

Despite the easing of real estate regulations in early January, housing transactions have remained stagnant nationwide. According to data ...

Economy

Hyundai, Kia Post Record Combined US Sales for February

Written: 2023-03-02 14:04:16 / Updated: 2023-03-02 14:55:13

Hyundai Motor and sister company Kia Motors posted a record combined sales in the United States for the month of February. According to Hyundai ...