Economy

Industrial Output Rises 1.2% in June

Written: 2025-07-31 09:55:04 / Updated: 2025-07-31 15:59:23

The country’s industrial output rebounded in June for the first time in three months.  According to Statistics Korea on Thursday, the index ...

Economy

Top Office: US Tariff on S. Korean Cars Cut to 15% under Trade Deal

Written: 2025-07-31 09:14:07 / Updated: 2025-07-31 09:39:22

The presidential office says the United States has agreed to lower not only its reciprocal tariff but also its tariff on South Korean automobiles ...

Economy

Seoul Stock Rise for Sixth Session as US Tariff Deadline Looms

Written: 2025-07-30 16:49:06 / Updated: 2025-07-30 19:30:43

South Korean stocks are at their highest level in nearly four years, continuing their rise into a sixth day amid rosy expectations regarding tariff ...

Economy

KOSPI Gains 0.74% Wednesday

Written: 2025-07-30 15:43:47 / Updated: 2025-07-30 16:53:13

The benchmark Korea Composite Stock Price Index(KOSPI) gained 23-point-90 points, or zero-point-74 percent, Wednesday, to close at three-thousand-254-point-47. The ...

Economy

Finance Minister Vows to Uphold National Interests in Trade Talks with US

Written: 2025-07-30 15:28:26 / Updated: 2025-07-30 19:24:56

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Economy

S. Korea Launches Joint Task Force to Root Out Stock Manipulation

Written: 2025-07-30 12:05:30 / Updated: 2025-07-30 14:26:15

Financial authorities and the nation’s stock market operator launched a joint task force on Wednesday to root out stock price manipulation. The ...

Economy

Tesla CEO Says He Discussed Chip Deal with Samsung Electronics Chief

Written: 2025-07-30 09:41:13 / Updated: 2025-07-30 09:42:55

Tesla CEO Elon Musk says he discussed the details of a recent semiconductor supply deal with Samsung Electronics Chairman Lee Jae-yong. Musk ...

Economy

IMF Cuts S. Korea’s 2025 Economic Outlook to 0.8%

Written: 2025-07-30 08:52:29 / Updated: 2025-07-30 17:56:06

The International Monetary Fund(IMF) has revised down its 2025 growth outlook for South Korea, just three months after the last downgrade. According ...

Economy

K-Pop Powerhouse Hybe Under State Tax Agency's Special Investigation

Written: 2025-07-29 19:24:49 / Updated: 2025-07-29 19:25:39

K-pop powerhouse Hybe, which is under investigation by the prosecution and police over alleged fraudulent stock transactions by its chairman, ...

Economy

Samsung Chairman Embarks on US Trip in Apparent Move to Support Seoul's Tariff Negotiation

Written: 2025-07-29 18:53:09 / Updated: 2025-07-29 18:53:26

Samsung Electronics Chairman Lee Jae-yong embarked on a trip to Washington on Tuesday, in an apparent move to give support to the South Korean government's ...