Producer Prices Rise 0.9% in January
Written: 2022-02-24 09:09:05 / Updated: 2022-02-24 10:31:58
Producer prices rose about one percent in January amid the rising prices of crude oil and raw materials. According to the Bank of Korea(BOK) on ...
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Finance Minister: Oil Tariff Cuts Inevitable if Oil Prices Rise in March
Written: 2022-02-23 17:38:35 / Updated: 2022-02-23 22:01:48
An extension of fuel tariffs and tax cuts may be unavoidable if oil prices continue to rise, according to finance minister Hong Nam-ki on Wednesday. Hong ...
KOSPI Ends Wednesday Up 0.47%
Written: 2022-02-23 15:42:00 / Updated: 2022-02-23 15:52:41
The benchmark Korea Composite Stock Price Index(KOSPI) rose 12-point-74 points, or zero-point-47 percent, on Wednesday, closing the day at two-thousand-719-point-53. The ...
Gov't to Secure Energy Substitutes, Release Reserves amid Russia-Ukraine Crisis
Written: 2022-02-23 15:31:59 / Updated: 2022-02-23 15:50:34
Amid growing concerns over rising energy prices and a possible supply chain disruption due to the Russia-Ukraine crisis, the government plans ...
Global Oil Prices Climb to Nearly $100 amid Russia-Ukraine Tensions
Written: 2022-02-23 09:41:32 / Updated: 2022-02-23 10:22:06
Global oil prices soared to nearly 100 dollars a barrel amid growing fears over a possible Russian invasion of Ukraine. On the New York Mercantile ...
Business Sentiment Worsens for Second Month in February
Written: 2022-02-23 08:32:16 / Updated: 2022-02-23 09:35:13
Business sentiment worsened for the second consecutive month in February due to the rapid spread of the omicron variant. According to the Bank ...
Household Debt Hits Fresh High in 2021, Adding 134 Tril. Won Y/Y
Written: 2022-02-22 16:01:39 / Updated: 2022-02-22 16:17:07
South Korea's household debt soared by more than one-hundred-34 trillion won last year on-year, setting a fresh all-time high of over one-thousand-862 ...
Korean Air, Asiana Airlines Get Conditional Merger Approval by State Regulator
Written: 2022-02-22 15:48:28 / Updated: 2022-02-22 16:01:40
The Fair Trade Commission has approved the merger of Korean Air and Asiana Airlines, on the condition that the country's top two airliners ...
KOSPI Falls 1.35% Stoked by Fears over Ukraine-Russia Crisis
Written: 2022-02-22 15:47:26 / Updated: 2022-02-22 16:48:04
South Korea’s main bourse dropped by more than one percent on Tuesday as many Asian stock markets sank over a further hike in oil prices amid fears ...
FSS Holds Urgent Meeting to Inspect Market Trends amid Russia Troop Movement
Written: 2022-02-22 14:49:01 / Updated: 2022-02-22 15:13:35
The country's financial watchdog will establish an around-the-clock emergency response system to step up its monitoring of market trends and ...
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