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 ...

Economy

Japanese Automakers Suffer Plunge in Operating Profit in S. Korea

Written: 2020-06-28 13:27:36 / Updated: 2020-06-28 14:11:53

Japanese automakers suffered sharp drops in their operating profit in South Korea over the past year amid a prolonged trade dispute between the ...

Economy

Cabinet Ministers to Promote Retail Event on Live Commerce Shows

Written: 2020-06-27 13:46:30 / Updated: 2020-06-27 14:09:32

A nationwide retail campaign called Korea Donghaeng Sale has kicked off in South Korea to boost spending amid the coronavirus pandemic. Seven ...

Economy

'62% of US Firms Lower Investment, New Hire Plans in S. Korea Amid Pandemic'

Written: 2020-06-26 18:34:00 / Updated: 2020-06-26 18:58:45

Over 60 percent of U.S. businesses operating in South Korea were found to have curtailed their investment and hiring plans amid the COVID-19 outbreak.  The ...

Economy

KOSPI Ends Friday Up 1.05%

Written: 2020-06-26 15:40:30 / Updated: 2020-06-26 15:49:55

The benchmark Korea Composite Stock Price Index(KOSPI) rose 22-point-28 points, or one-point-05 percent, on Friday, ending the week at two-thousand-134-point-65. The ...