Economy

S. Korea's Consumer Prices Remain Flat in June

Written: 2020-07-02 08:45:04 / Updated: 2020-07-02 10:41:06

South Korea's consumer prices remained flat in June, following negative growth a month earlier. According to Statistics Korea on Thursday, ...

Economy

KOSPI Ends Wednesday Down 0.08%

Written: 2020-07-01 15:37:47 / Updated: 2020-07-02 09:05:17

The benchmark Korea Composite Stock Price Index(KOSPI) fell one-point-63 points, or point-08 percent, on Wednesday. It ended the day at two-thousand-106-point-70. The ...

Economy

S. Korea's Exports Decline by over 10% for 3 Straight Months

Written: 2020-07-01 09:37:50 / Updated: 2020-07-01 11:09:55

South Korea's exports have declined by more than ten percent for three straight months due to the economic fallout of the COVID-19 pandemic.  According ...

Economy

Fitch Raises S. Korea's Growth Outlook to -0.9%

Written: 2020-06-30 15:36:10 / Updated: 2020-06-30 15:42:36

Credit rating agency Fitch has raised South Korea's growth outlook for this year from minus one-point-two to minus zero-point-nine percent. In ...

Economy

PM Chung Vows to Take Steps to Revitalize Virus-Hit Economy

Written: 2020-06-30 13:39:42 / Updated: 2020-06-30 15:36:28

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Economy

S. Korea's Industrial Output Falls 1.2% in May

Written: 2020-06-30 09:23:05 / Updated: 2020-06-30 09:56:20

South Korea's industrial output and investment dropped in May as the COVID-19 pandemic hurt exports, but consumption increased for the second ...

Economy

S. Korea's Biz Sentiment Rises for Second Month in June

Written: 2020-06-30 08:21:18 / Updated: 2020-06-30 09:51:24

South Korean firms' business sentiment improved for the second consecutive month in June on the back of stimulus measures and economic reopening ...

Economy

KOSPI Ends Monday Down 1.93%

Written: 2020-06-29 15:45:17 / Updated: 2020-06-29 16:55:15

The benchmark Korea Composite Stock Price Index(KOSPI) fell 41-point-17 points, or one-point-93 percent, on Monday. It ended the day at two-thousand-93-point-48. The ...

Economy

S. Korea's Business Lobby Calls For Resumption of Trade Cooperation with Japan

Written: 2020-06-29 15:17:32 / Updated: 2020-06-29 15:22:39

South Korea's major business lobby called for a resumption of trade cooperation with Japan, despite the country achieving localization ...

Economy

Shares of Local Semiconductor Material Firms More Than Doubled Since Japan's Export Curbs

Written: 2020-06-29 14:48:41 / Updated: 2020-06-29 15:03:36

The stock prices of Korean semiconductor materials makers more than doubled in the past year despite Japan's export curbs imposed last July ...