Economy

Gov't Upgrades 2021 Economic Growth Goal to 4.2%

Written: 2021-06-28 15:30:17 / Updated: 2021-06-28 19:04:46

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Economy

Chips, Batteries, Vaccines Named Strategic Sectors

Written: 2021-06-28 15:23:24 / Updated: 2021-06-28 19:06:37

The government will designate semiconductors, secondary batteries and vaccines as strategic technologies critical to the national economy ...

Economy

Hyundai, Kia's Cumulative EV Sales Top 200,000 Units in Europe

Written: 2021-06-27 13:43:31 / Updated: 2021-06-27 14:19:08

South Korea's two biggest carmakers, Hyundai Motor and affiliate Kia Motors, saw their cumulative electric car sales in Europe hit 200-thousand ...

Economy

Local Gas Prices Rise for 8th Week

Written: 2021-06-26 13:26:18 / Updated: 2021-06-26 13:40:16

Local gas prices have risen for the eighth week in a row.  According to Opinet, an oil price information website run by the Korea National Oil ...

Economy

KOSPI Hits New High for 2nd Day

Written: 2021-06-25 16:13:21 / Updated: 2021-06-25 16:13:35

The benchmark Korea Composite Stock Price Index(KOSPI) surpassed the three-thousand-300 mark for the first time on Friday, to reach a new high. It ...

Economy

Court Rules against Netflix in Network Usage Fee Lawsuit

Written: 2021-06-25 15:39:45 / Updated: 2021-06-25 15:45:55

A Seoul court ruled against global streaming giant Netflix in a network usage fee dispute with South Korean internet access provider SK Broadband. On ...

Economy

DP, Gov’t Agree to Give Cashback Rewards to High Income Credit Card Users

Written: 2021-06-25 14:01:39 / Updated: 2021-06-25 15:09:49

The ruling Democratic Party(DP) and the government on Friday agreed to provide cashback rewards to high income credit card users as part of efforts ...

Economy

KOSPI Tops 3,300 Mark for 1st Time Ever During Trading

Written: 2021-06-25 10:34:51 / Updated: 2021-06-25 13:10:25

The benchmark Korea Composite Stock Price Index(KOSPI) has surpassed the three-thousand-300 mark for the first time ever during trading.  The ...

Economy

S. Korea's Overseas Direct Investment Falls 21.6% in Q1

Written: 2021-06-25 10:13:49 / Updated: 2021-06-25 15:59:15

The nation’s overseas direct investment decreased 21-point-six percent on-year in the first quarter amid the fallout of the COVID-19 pandemic.  According ...

Economy

S. Korea's Business Sentiment Remains Flat for Second Month in June

Written: 2021-06-25 08:37:10 / Updated: 2021-06-25 15:49:04

South Korean firms' business sentiment remained flat for the second consecutive month in June due partly to rising prices of raw materials.  According ...