BOK Raises Key Rate by 25 Basis Points to 3.5%
Written: 2023-01-13 10:14:33 / Updated: 2023-01-13 11:42:56
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Import, Export Prices Fall for 2nd Month in December
Written: 2023-01-13 08:40:14 / Updated: 2023-01-13 11:19:40
The country's export and import prices fell by the largest pace in years in December due to the appreciation of the won and a drop in oil prices. According ...
Decade-Long Hyundai Heavy Suit Ends with 630 Bln Won Payout
Written: 2023-01-12 16:46:27 / Updated: 2023-01-12 16:52:31
Hyundai Heavy Industries and its labor union accepted a court order for the company to pay a total of 630 billion won in wages to workers, ending an ...
Nuclear Power, Renewable Energy to Account for 30% Each by 2036
Written: 2023-01-12 16:38:40 / Updated: 2023-01-12 16:50:10
Nuclear power and renewable energy will each account for 30 percent of South Korea’s total energy generation by 2036. The energy ministry announced ...
KOSPI Ends Thursday Up 0.24%
Written: 2023-01-12 15:38:51 / Updated: 2023-01-12 16:40:47
The benchmark Korea Composite Stock Price Index(KOSPI) rose five-point-57 points, or zero-point-24 percent, on Thursday, closing the day at ...
S. Korea to Extend Foreign Exchange Trading Hours
Written: 2023-01-12 15:36:36 / Updated: 2023-01-12 16:42:25
South Korea will extend the trading hours of its foreign exchange market by ten and a half hours in a bid to make the country a more attractive investment ...
2023 Korea Grand Sale Kicks off Thurs.
Written: 2023-01-12 11:36:46 / Updated: 2023-01-12 12:07:35
South Korea’s annual winter shopping festival kicked off on Thursday. The culture ministry announced that the “2023 Korea Grand Sale” will run ...
Owners of 2 Homes Have 3 Years to Sell 1 to Avert Tax Bombshell
Written: 2023-01-12 10:27:00 / Updated: 2023-01-12 16:01:22
Owners of two homes will now be subject to lower taxes if they offload one within three years. The government announced the measure in a meeting ...
Senior US Official Meets Hyundai Motor Chair to Discuss IRA
Written: 2023-01-12 08:45:34 / Updated: 2023-01-12 09:02:15
A senior U.S. official handling Washington’s economy-related diplomacy met with Hyundai Motor Group Executive Chair Chung Eui-sun on Tuesday. Chung ...
Discount on Gas Bills for Low-Income Households to Increase
Written: 2023-01-12 08:28:50 / Updated: 2023-01-12 10:39:27
The government will increase a discount on gas bills for low-income households to ease the burden imposed by heating costs amid soaring energy prices. The ...
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