Jeju Air Scraps Eastar Takeover Deal
Written: 2020-07-23 09:10:23 / Updated: 2020-07-23 09:20:16
South Korea's biggest low-cost carrier Jeju Air said on Thursday it will scrap a deal to take over competing low-cost carrier Eastar Jet amid the ...
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S. Korea's Economy Contracts 3.3% in Q2, Worst Since 1998
Written: 2020-07-23 09:07:59 / Updated: 2020-07-23 09:18:15
South Korea's economy contracted more than three percent from the first to second quarter amid the economic fallout of the COVID-19 pandemic. According ...
KOSPI Ends Wednesday Down 0.01%
Written: 2020-07-22 15:38:12 / Updated: 2020-07-22 19:08:19
The benchmark Korea Composite Stock Price Index(KOSPI) fell point-17 points, or point-01 percent, on Wednesday to close at two-thousand-228-point-66. The ...
Gov't Announces Tax Revisions to Help Overcome COVID-19 Crisis
Written: 2020-07-22 15:37:38 / Updated: 2020-07-22 15:47:02
The South Korean government announced revisions to its tax code aimed at helping the country overcome the COVID-19 crisis and to enhance the balance ...
DP, Gov't Share Need to Revise Taxation System
Written: 2020-07-22 10:33:04 / Updated: 2020-07-22 11:05:28
The ruling camp and government have agreed on the need to revamp the nation’s taxation system as a way to overcome the COVID-19 pandemic and resuscitate ...
KOSPI Ends Tuesday Up 1.39%
Written: 2020-07-21 15:40:20 / Updated: 2020-07-21 18:53:28
The benchmark Korea Composite Stock Price Index(KOSPI) rose 30-point-63 points, or one-point-39 percent, on Tuesday. It ended the day at two-thousand-228-point-83. The ...
S. Korea's Exports Drop 12.8% in First 20 Days of July
Written: 2020-07-21 09:51:39 / Updated: 2020-07-21 11:29:28
South Korea's exports dropped nearly 13 percent from a year earlier in the first 20 days of July amid the economic fallout from the COVID-19 pandemic. According ...
S. Korea's Producer Prices Post Growth for First Time in 5 Months in June
Written: 2020-07-21 08:28:43 / Updated: 2020-07-21 09:19:50
South Korea's producer prices posted growth for the first time in five months in June. According to data from the Bank of Korea on Tuesday, the producer ...
KOSPI Ends Monday Down 0.14%
Written: 2020-07-20 15:47:47 / Updated: 2020-07-20 17:02:07
The benchmark Korea Composite Stock Price Index(KOSPI) fell two-point-99 points, or point-14 percent, on Monday to close at two-thousand-198-point-20. The ...
Gov't to Introduce Universal Employment Insurance by 2025
Written: 2020-07-20 11:23:29 / Updated: 2020-07-20 12:07:42
The government plans to introduce a universal employment insurance system by 2025 as part of efforts to address strife in the labor market due to ...
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