Economy
Written: 2023-07-27 09:51:47 / Updated: 2023-07-27 09:57:42
Finance minister Choo Kyung-ho has downplayed concerns that the nation’s economy could face more uncertainties as the U.S. central bank’s key ...
Economy
Written: 2023-07-27 08:54:15 / Updated: 2023-07-27 09:41:20
South Korea’s Hyundai Motor Company and Kia will join a venture of seven top automakers to build a network of high-powered electric vehicle(EV) ...
Economy
Written: 2023-07-27 08:47:48 / Updated: 2023-07-27 08:48:27
Business sentiment worsened in July on the back of a global economic slowdown amid continued economic uncertainties.
According to the Bank ...
Economy
Written: 2023-07-26 15:49:04 / Updated: 2023-07-26 16:09:31
The benchmark Korea Composite Stock Price Index(KOSPI) lost 44-point-one points, or one-point-67 percent, on Wednesday, to close the day at two-thousand-592-point-36.
The ...
Economy
Written: 2023-07-26 15:18:50 / Updated: 2023-07-26 15:24:38
SK Hynix posted operating losses of two-point-88 trillion won, or some two-point-26 billion U.S. dollars, in the second quarter to vastly contract ...
Economy
Written: 2023-07-26 08:27:28 / Updated: 2023-07-26 08:31:24
The country’s consumer sentiment improved for the fifth consecutive month in July.
According to the Bank of Korea(BOK) on Wednesday, the composite ...
Economy
Written: 2023-07-26 08:24:35 / Updated: 2023-07-26 08:30:50
The International Monetary Fund(IMF) has lowered its 2023 economic growth outlook for South Korea again to one-point-four percent.
According ...
Economy
Written: 2023-07-25 15:41:43 / Updated: 2023-07-25 16:22:33
The benchmark Korea Composite Stock Price Index(KOSPI) rose seven-point-93 points, or zero-point-three percent, on Tuesday, to close the day ...
Economy
Written: 2023-07-25 15:05:33 / Updated: 2023-07-25 15:18:20
Over 60 percent of people between the ages of 55 and 79 are economically active while two out of three in the age group want to continue working.
According ...
Economy
Written: 2023-07-25 08:28:45 / Updated: 2023-07-25 14:17:57
The South Korean economy managed to post growth in the second quarter as imports decreased more than exports, but private consumption turned negative, ...