Economy

S. Korea Announces Measures to Assist Industries Hit by Coronavirus Outbreak

Written: 2020-02-17 11:02:02 / Updated: 2020-02-17 11:31:21

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Economy

KOSPI Closes Friday Up 0.48%

Written: 2020-02-14 15:48:29 / Updated: 2020-02-14 18:07:23

The benchmark Korea Composite Stock Price Index(KOSPI) gained ten-point-63 points, or point-48 percent, on Friday. It ended the week at two-thousand-243-point-59. The ...

Economy

Finance Minister Vows Efforts to Minimize Coronavirus Fallout

Written: 2020-02-14 14:50:09 / Updated: 2020-02-14 14:53:48

South Korea's top economic policymaker has vowed all efforts to minimize economic fallout from the new coronavirus and draw up additional ...

Economy

Samsung's New Foldable Phone Released in S. Korea

Written: 2020-02-14 14:25:42 / Updated: 2020-02-14 15:44:56

Samsung Electronics’ new foldable phone, the Galaxy Z Flip, has been released in South Korea.  According to market insiders, the electronics ...

Economy

Gov't: Trends of Economic Recovery Becoming Visible

Written: 2020-02-14 12:08:11 / Updated: 2020-02-14 13:47:05

The government has assessed that signs of economic recovery are emerging but such a trend could be constrained due to the novel coronavirus.  The ...

Economy

S. Korea's Export Prices Fall 0.8% in January

Written: 2020-02-14 10:22:07 / Updated: 2020-02-14 13:58:08

South Korea's export prices fell slightly in January from a month earlier mainly due to the strengthening of the local currency against the U.S. ...

Economy

KOSPI Closes Thursday Down 0.24%

Written: 2020-02-13 15:43:53 / Updated: 2020-02-13 15:55:21

The benchmark Korea Composite Stock Price Index(KOSPI) lost five-point-42 points, or point-24 percent, on Thursday. It ended the day at two-thousand-232-point-96. The ...

Economy

Prosecutors Launch Probe into Samsung Heir-Apparent's Alleged Drug Use

Written: 2020-02-13 15:00:10 / Updated: 2020-02-13 15:28:08

Prosecutors in South Korea have launched an investigation into Samsung heir-apparent Lee Jae-yong over suspected drug use. The Seoul Central ...

Economy

Six Companies to Recall 495,000 Vehicles over Faulty Parts

Written: 2020-02-13 10:19:15 / Updated: 2020-02-13 13:39:24

The government said that Hyundai Motor and five other companies will voluntarily recall about 495-thousand vehicles to fix faulty components.  The ...

Economy

KOSPI Closes Wednesday Up 0.69%

Written: 2020-02-12 15:49:56 / Updated: 2020-02-12 16:44:22

The benchmark Korea Composite Stock Price Index(KOSPI) gained 15-point-26 points, or point-69 percent, on Wednesday. It ended the day at two-thousand-238-point-38. The ...