Economy

Bloomberg: S. Korea Expected to See V-shaped Economic Recovery

Written: 2020-04-27 11:18:41 / Updated: 2020-04-27 11:29:52

Bloomberg says countries seeking to recover economic activities amid a drop in COVID-19 infections will witness a difference in such efforts depending ...

Economy

Key Suspect in Lime Asset Scandal Arrested

Written: 2020-04-27 09:57:58 / Updated: 2020-04-27 10:16:44

A local court has issued a warrant to arrest a key suspect involved in a massive hedge fund scandal surrounding Lime Asset Management.   The Suwon ...

Economy

Korean Benchmark Stocks Drop 1.34% to 1,889.01

Written: 2020-04-24 15:47:39 / Updated: 2020-04-24 15:58:48

The benchmark Korea Composite Stock Price Index(KOSPI) lost 25-point-72 points, or one-point-34 percent, on Friday, ending the week at one thousand-889-point-01. The ...

Economy

G20 Labor Ministers Agree to Protect Vulnerable Groups amid COVID-19 Employment Crisis

Written: 2020-04-24 11:42:39 / Updated: 2020-04-24 14:45:10

Labor ministers from the Group of 20(G20) major economies have agreed to protect those in vulnerable groups of society amid an employment crisis ...

Economy

Gov't to Issue Bonds to Fund COVID-19 Relief Payouts

Written: 2020-04-24 08:34:01 / Updated: 2020-04-24 08:54:25

The government on Thursday announced a plan to issue state bonds to finance emergency relief payouts for all South Koreans to help them deal with ...

Economy

KOSPI Ends Thursday Up 0.98%

Written: 2020-04-23 15:48:01 / Updated: 2020-04-23 16:49:01

The benchmark Korea Composite Stock Price Index(KOSPI) rose 18-point-58 points, or zero-point-98 percent, on Thursday. It ended the day at one-thousand-914-point-73. The ...

Economy

S. Korean Economy Shrinks by 1.4% in Q1, FM Says Bigger Impact to Come

Written: 2020-04-23 12:02:28 / Updated: 2020-04-23 18:37:56

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Finance Minister Projects Bigger Economic Impact of COVID-19 in Q2

S. Korean Economy Shrinks 1.4% in Q1, Worst in Decade

Economy

Finance Minister Projects Bigger Economic Impact of COVID-19 in Q2

Written: 2020-04-23 10:31:08 / Updated: 2020-04-23 11:37:00

Finance Minister Hong Nam-ki said on Thursday that the COVID-19 pandemic is expected to have a bigger impact on the nation's real economy and ...

Economy

S. Korean Economy Shrinks 1.4% in Q1, Worst in Decade

Written: 2020-04-23 08:57:19 / Updated: 2020-04-23 09:38:00

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Economy

S. Korea, China Seek to Normalize Bilateral Economic Exchanges amid Virus Crisis

Written: 2020-04-22 18:53:31 / Updated: 2020-04-22 18:57:48

There are growing signs that South Korea and China are moving to normalize bilateral economic cooperation following a significant drop in COVID-19 ...