Economy
Written: 2022-08-25 10:23:05 / Updated: 2022-08-25 15:18:04
The Bank of Korea(BOK) has sharply marked up its inflation outlook for this year with a record-high projection in the low five-percent range.
The ...
Economy
Written: 2022-08-25 08:37:23 / Updated: 2022-08-25 09:29:07
Producer prices continued to rise for the seventh consecutive month in July, albeit at a slower pace than before.
According to the Bank of Korea ...
Economy
Written: 2022-08-24 15:38:52 / Updated: 2022-08-24 16:38:08
The benchmark Korea Composite Stock Price Index(KOSPI) rose 12-point-11 points, or zero-point-50 percent, on Wednesday, closing the day at two-thousand-447-point-45.
The ...
Economy
Written: 2022-08-24 15:37:36 / Updated: 2022-08-24 16:37:55
The minimum wage in South Korea is set to surpass that of Japan for the very first time.
According to Japanese media outlets, including the Yomiuri ...
Economy
Written: 2022-08-24 15:26:14 / Updated: 2022-08-24 16:35:29
Nongshim, the country's leading instant noodle maker, announced plans to raise the prices in mid-September of its main snacks and ramen, which ...
Economy
Written: 2022-08-24 15:16:07 / Updated: 2022-08-24 15:17:40
China's global competitiveness and technological prowess were found to have significantly surpassed those of South Korea since the two ...
Economy
Written: 2022-08-24 15:05:05 / Updated: 2022-08-24 15:09:55
The verdict of a near decade-long multi-billion dollar lawsuit filed by a private equity firm against the South Korean government is expected next ...
Economy
Written: 2022-08-24 13:48:59 / Updated: 2022-08-24 14:16:57
Business sentiment saw a slight improvement for August for the first time in four months in the aftermath of suspended social distancing and a recovery ...
Economy
Written: 2022-08-24 13:24:55 / Updated: 2022-08-24 15:13:25
President Yoon Suk Yeol pledged to thoroughly inspect and respond to changes in financial and foreign exchange markets to prevent a crisis situation ...
Economy
Written: 2022-08-24 10:22:28 / Updated: 2022-08-24 11:22:05
Recent data shows that the debt of Korea Electric Power Corporation(KEPCO) has snowballed due in part to the current global energy crisis, and now ...