Economy

BOK Freezes Key Rate at 1.5%

Written: 2019-08-30 10:56:24 / Updated: 2019-08-30 14:01:58

South Korea's central bank kept its key rate unchanged at one-point-five percent as it takes a wait-and-see approach following a reduction last ...

Economy

S. Korea's Industrial Output Up 1.2% in July

Written: 2019-08-30 09:03:24 / Updated: 2019-08-30 10:35:08

South Korea's industrial output and investment both increased in July, while consumption declined for the second consecutive month.  According ...

Economy

Biz Community Express Concern over Ruling on Samsung Heir

Written: 2019-08-29 16:33:15 / Updated: 2019-08-29 17:39:08

Following a Supreme Court decision ordering a retrial for a corruption scandal involving Samsung Group's de-facto chief Lee Jae-yong, the ...

Economy

KOSPI Closes Thursday Down 0.40%

Written: 2019-08-29 15:41:59 / Updated: 2019-08-29 15:42:17

The benchmark Korea Composite Stock Price Index(KOSPI) lost seven-point-68 points, or point-40 percent, on Thursday. It ended the day at one-thousand-933-point-41. The ...

Economy

Gov't Proposes 513 Tln Won Budget Plan for 2020

Written: 2019-08-29 13:22:21 / Updated: 2019-08-29 16:53:11

Related News

S. Korea's Defense Budget Likely to Top 50 Tln Won Next Year

S. Korea Proposes Record 513 Tln Won Budget for 2020

Economy

S. Korea Proposes Record 513 Tln Won Budget for 2020

Written: 2019-08-29 09:51:04 / Updated: 2019-08-29 11:51:01

South Korea on Thursday proposed a record 513 trillion won budget for next year, up over nine percent from this year. The government approved the ...

Economy

S. Korea's Business Sentiment Worsens in August

Written: 2019-08-29 09:19:06 / Updated: 2019-08-29 14:22:35

The business sentiment of South Korean firms sharply worsened in August, likely due to Japanese export restrictions and the U.S.-China trade war. According ...

Economy

KOSPI Closes Wednesday Up 0.86%

Written: 2019-08-28 15:42:24 / Updated: 2019-08-28 15:42:36

The benchmark Korea Composite Stock Price Index(KOSPI) gained 16-point-49 points, or point-86 percent, on Wednesday. It ended the day at one-thousand-941-point-09. The ...

Economy

Gov't Announces Measures to Stabilize Consumer Prices Ahead of Chuseok Holiday

Written: 2019-08-27 16:30:32 / Updated: 2019-08-27 17:07:57

The South Korean government will expand the supply of 15 commodities in high demand during the Chuseok holiday and offer discounts on sales of fruits ...

Economy

KOSPI Closes Tuesday Up 0.43%

Written: 2019-08-27 15:44:30 / Updated: 2019-08-27 15:44:50

The benchmark Korea Composite Stock Price Index(KOSPI) gained eight-point-29 points, or point-43 percent, on Tuesday. It ended the day at one-thousand-924-point-60. The ...