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Economy

LG's Honorary Chairman Dies at Age 94

Written: 2019-12-14 13:34:55Updated: 2019-12-14 14:08:03

The honorary chairman of LG Group Koo Cha-kyung died on Saturday aged 94.  He was born in 1925 as the eldest son of LG founder Koo In-hwoi. Following ...

Economy

KOSPI Closes Friday Up 1.54%

Written: 2019-12-13 15:54:33Updated: 2019-12-13 16:52:14

The benchmark Korea Composite Stock Price Index(KOSPI) gained 32-point-90 points, or one-point-54 percent, on Friday. It ended the week at two-thousand-170-point-25. The ...

Economy

Nation's CDS Premium Posts 12-Year Low

Written: 2019-12-13 11:54:41Updated: 2019-12-13 13:07:07

South Korea's credit default swap(CDS) premium, which reflects the risk of sovereign debt default, has plunged to the lowest level in over 12 years ...

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