Economy

BOK Rate-Setting Committee to Maintain Austerity for Some Time

Written: 2023-08-24 11:33:04 / Updated: 2023-08-24 11:36:58

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BOK Keeps Key Interest Steady at 3.5% for 5th Time

Economy

BOK Keeps Key Interest Steady at 3.5% for 5th Time

Written: 2023-08-24 11:01:15 / Updated: 2023-08-24 13:42:43

South Korea's central bank has kept the key interest rate steady at three-point-five percent for the fifth consecutive time. The Bank ...

Economy

Producer Prices Post Growth in July After Seeing Decline for 3 Months

Written: 2023-08-24 08:23:48 / Updated: 2023-08-24 08:32:19

Producer prices posted growth in July after declining for three consecutive months. The Bank of Korea(BOK) said on Thursday that the producer ...

Economy

KOSPI Ends Wednesday Down 0.41%

Written: 2023-08-23 15:53:44 / Updated: 2023-08-23 16:05:14

The benchmark Korea Composite Stock Price Index(KOSPI) lost ten-point-24 points, or zero-point-41 percent, on Wednesday, to close the day at ...

Economy

Business Sentiment Worsens for Second Month in August

Written: 2023-08-23 08:24:40 / Updated: 2023-08-23 08:32:26

Business sentiment worsened for the second consecutive month in August amid continued economic uncertainties. According to the Bank of Korea ...

Economy

FKI Changes Name, Appoints New Chief in Major Overhaul

Written: 2023-08-22 16:27:06 / Updated: 2023-08-22 16:58:20

The Federation of Korean Industries(FKI), the country's leading business lobby group, has revamped and rebranded with the appointment of a new ...

Economy

KOSPI Ends Tuesday Up 0.28%

Written: 2023-08-22 15:51:31 / Updated: 2023-08-22 17:36:23

The benchmark Korea Composite Stock Price Index(KOSPI) gained six-point-94 points, or zero-point-28 percent, on Tuesday, to close the day at ...

Economy

Consumer Sentiment Falls for First Time in 6 Months in August

Written: 2023-08-22 08:25:37 / Updated: 2023-08-22 08:35:43

The country’s consumer sentiment slightly worsened for the first time in six months. According to the Bank of Korea(BOK) on Tuesday, the composite ...

Economy

KOSPI Ends Monday Up 0.17%

Written: 2023-08-21 15:42:27 / Updated: 2023-08-21 16:18:47

The benchmark Korea Composite Stock Price Index(KOSPI) gained four-point-three points, or zero-point-17 percent, on Monday, to close the day ...

Economy

Trade Statistics: S. Korea's Coffee Imports Slipped This Year

Written: 2023-08-21 14:48:37 / Updated: 2023-08-21 14:51:46

New data finds that South Korea’s imports of coffee slipped this year. According to the Korea Customs Service’s Trade Statistics on Monday, South ...