US Fed Cuts Key Rate to Near Zero
Written: 2020-03-16 08:19:21 / Updated: 2020-03-16 09:33:34
The U.S. Federal Reserve slashed the key interest rate to virtually zero on Sunday, announcing emergency measures to ease the economic effects ...
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Gas Prices Down for 7th Week
Written: 2020-03-14 13:40:42 / Updated: 2020-03-14 13:44:15
Local gasoline prices have fallen for the seventh week in South Korea as global oil prices are down amid coronavirus fears. According to Opinet, ...
Gov't: COVID-19 Causing Economic Activity, Sentiment to Shrink
Written: 2020-03-13 16:01:43 / Updated: 2020-03-13 16:11:08
The South Korean government has assessed that the coronavirus outbreak is causing the domestic economy to shrink. In an economic trends report ...
KOSPI Closes Friday Down 3.43%
Written: 2020-03-13 15:45:20 / Updated: 2020-03-13 16:12:16
The South Korean stock market plunged around three and a half percent on Friday amid coronavirus fears after a roller coaster session. The benchmark ...
Jeonju to Provide Basic Disaster Income to Vulnerable Citizens Affected by COVID-19
Written: 2020-03-13 15:37:49 / Updated: 2020-03-13 16:05:14
The city of Jeonju in southwestern North Jeolla Province is the first local government in the country to provide its vulnerable citizens with basic ...
KOSPI Falls over 5% as of Friday Afternoon
Written: 2020-03-13 13:56:44 / Updated: 2020-03-13 14:43:35
KOSPI Falls over 7% Friday Morning
Written: 2020-03-13 12:20:54 / Updated: 2020-03-13 12:54:12
South Korea's main stock market is in turmoil, falling more than seven percent on Friday morning. The benchmark Korea Composite Stock ...
Gov't to Implement Market Stabilization Measures if Necessary
Written: 2020-03-13 12:17:27 / Updated: 2020-03-13 13:05:05
The government has stressed it will swiftly and sternly implement measures on stabilizing the financial market if deemed necessary. First ...
Won-Dollar Rate Posts Highest Intraday Trading Figure in 4 Years
Written: 2020-03-13 12:06:18 / Updated: 2020-03-13 12:08:39
The won-dollar exchange rate is showing signs of climbing after U.S. stock indices witnessed a plunge of more than nine percent on Thursday. The ...
Official Concerned Over COVID-19 Market Shock Burdening S. Korea's Financial System
Written: 2020-03-13 11:51:08 / Updated: 2020-03-13 12:09:57
South Korea's senior economic policymaker expressed concern over a prolonged global market shock from the COVID-19 pandemic significantly ...
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