Economy

S. Korea's Stock Loans Hit 20-Month High

Written: 2020-06-05 10:30:31 / Updated: 2020-06-05 11:17:26

South Korean investors are borrowing more money to buy stocks, showing improvement in investor sentiment after stock crashes in March. According ...

Economy

Court to Review Arrest Warrant for Samsung Heir on Mon.

Written: 2020-06-04 18:59:25 / Updated: 2020-06-04 19:04:47

A decision whether to arrest Samsung Group heir Lee Jae-yong over his alleged involvement in the group’s controversial power succession process ...

Economy

KOSPI Ends Thursday Up 0.19%

Written: 2020-06-04 15:48:15 / Updated: 2020-06-04 15:54:21

The benchmark Korea Composite Stock Price Index(KOSPI) gained four-point-18 points, or one-point-19 percent, on Thursday to close the day at ...

Economy

Prosecutors Seek Arrest Warrant for Samsung Heir in Merger Probe

Written: 2020-06-04 13:38:52 / Updated: 2020-06-04 15:19:10

Prosecutors in South Korea are seeking an arrest warrant for Samsung heir Lee Jae-yong as part of their probe into suspicions surrounding the top ...

Economy

Finance Minister: S. Korea to Foster Urban Air Transportation Industry

Written: 2020-06-04 10:11:57 / Updated: 2020-06-04 12:07:26

Finance Minister Hong Nam-ki said on Thursday that the government will foster the urban air transportation industry, with the aim to commercialize ...

Economy

S. Korea Suffers Largest Current Account Deficit in April since 2011

Written: 2020-06-04 09:06:25 / Updated: 2020-06-04 10:01:16

South Korea suffered the largest current account deficit in almost a decade in April due to a sharp decline in exports amid the COVID-19 pandemic. According ...

Economy

KOSPI Soars 2.87% on Wed.

Written: 2020-06-03 16:02:57 / Updated: 2020-06-03 16:39:01

Stocks in South Korea surged over two-point-eight percent on Wednesday as investors looked beyond the COVID-19 crisis.  The benchmark Korea ...

Economy

Gov't Announces Record-High 3rd Extra Budget to Cushion COVID-19 Impact

Written: 2020-06-03 13:55:36 / Updated: 2020-06-03 18:42:13

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Enviornment Ministry to Spend 700 Bln Won on Green Growth 'New Deal' Projects

Economy

Enviornment Ministry to Spend 700 Bln Won on Green Growth 'New Deal' Projects

Written: 2020-06-03 11:59:24 / Updated: 2020-06-03 13:42:10

South Korea's Environment Ministry will spend nearly 700 billion won from the government's third extra budget on green growth projects as part ...

Economy

Gov't Raises Record 10 Tln Won through Expenditure Restructuring

Written: 2020-06-03 10:13:37 / Updated: 2020-06-03 13:38:47

The government has saved a record ten trillion won through restructuring budget expenditures to help finance its largest-ever extra budget plan.  The ...