Economy

KOSPI Ends Wednesday Down 1.83%

Written: 2022-06-15 15:41:37 / Updated: 2022-06-15 17:09:49

The benchmark Korea Composite Stock Price Index(KOSPI) slipped to a fresh 19-month low ahead of a widely-expected rate hike by the U.S. Federal ...

Economy

PPP Floor Leader Calls for Deregulation to Overcome Economic Crisis

Written: 2022-06-15 15:40:57 / Updated: 2022-06-16 09:36:23

The ruling People Power Party(PPP) floor leader, Kweon Seong-dong, has called for deregulation to overcome the economic crisis and guaranteed ...

Economy

JP Morgan Forecasts BOK to Take 'Big Step' in Rate Setting Next Month

Written: 2022-06-15 14:56:33 / Updated: 2022-06-15 15:05:04

Global investment bank JP Morgan has predicted that the Bank of Korea(BOK) may take a "big step" by raising its interest rate by 50 basis points next ...

Economy

S. Korea to Join US-Led Minerals Security Partnership

Written: 2022-06-15 11:49:57 / Updated: 2022-06-15 13:36:22

The government on Tuesday joined a U.S.-led initiative aimed at securing a stable and diversified supply of key minerals used in advanced technologies. Second ...

Economy

Largest On-year Job Growth in 22 Years Recorded in May at over 900,000

Written: 2022-06-15 10:06:09 / Updated: 2022-06-15 11:37:51

South Korea added more than 900-thousand jobs in May, posting the biggest on-year job growth in 22 years for the month of May. Statistics Korea ...

Economy

Cargo Truckers' Strike Underway for 8th Day amid Worsening Disruptions

Written: 2022-06-14 19:07:37 / Updated: 2022-06-14 19:45:46

The disruptions to production and shipping of major exports such as steel and cement have escalated as a massive cargo truckers’ strike entered ...

Economy

Gasoline, Diesel Prices Surpass 2,080 Won

Written: 2022-06-14 15:51:49 / Updated: 2022-06-14 16:15:35

Gasoline and diesel prices have surpassed two-thousand-80 won per liter in South Korea as prices continue to climb. According to oil price portal ...

Economy

KOSPI Closes Below 2,500 amid Growing Inflationary Pressure

Written: 2022-06-14 15:41:58 / Updated: 2022-06-14 16:16:55

South Korea’s main stock market closed below two-thousand-500 on Tuesday, amid growing concerns at home and abroad over the economic ramifications ...

Economy

Finance Chief Calls for All Policy Tools to Address Compounding Crisis

Written: 2022-06-14 15:41:18 / Updated: 2022-06-14 16:14:05

Related News

Gasoline, Diesel Prices Surpass 2,080 Won

KOSPI Closes Below 2,500 amid Growing Inflationary Pressure

Economy

Suicides Drop in 2020 but S. Korea Remains Top in OECD

Written: 2022-06-14 15:09:00 / Updated: 2022-06-14 15:57:20

South Korea saw a slight drop in the number of suicides during the first year of the pandemic in 2020, but continued to register the highest suicide ...