Economy

S. Korea Launches Efforts to Ratify Key ILO Conventions

Written: 2019-07-30 14:51:19 / Updated: 2019-07-30 15:05:35

Anchor: The South Korean government will push to ratify key international labor conventions amid criticism the nation’s labor rights fall short ...

Economy

Gov't Mulls Tax Support for S. Korean Firms Hit by Japan's Export Curbs

Written: 2019-07-30 10:20:32 / Updated: 2019-07-30 13:32:58

The government is mulling providing tax support for South Korean importers affected by Japan's export curbs. The Korea Customs Service issued ...

Economy

S. Korea's Business Sentiment Down in July

Written: 2019-07-30 08:49:04 / Updated: 2019-07-30 10:43:42

The business sentiment of South Korean firms slightly worsened in July. According to the Bank of Korea on Tuesday, the business sentiment index(BSI) ...

Economy

S. Korea's Finance Chief Expresses Concern Over Japan's 'Whitelist' Exclusion

Written: 2019-07-29 15:50:44 / Updated: 2019-07-29 16:46:11

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Economy

KOSPI Closes Monday Down 1.78%

Written: 2019-07-29 15:40:33 / Updated: 2019-07-29 15:56:43

The benchmark Korea Composite Stock Price Index(KOSPI) lost 36-point-78 points, or one-point-78 percent, on Monday. It ended the day at a two-month ...

Economy

Small Firms' Biz Outlook Drops to Lowest Level Since February

Written: 2019-07-28 13:49:44 / Updated: 2019-07-28 13:52:15

South Korean small firms predict their business conditions will remain weak in August. According to a poll of three-thousand-150 small and ...

Economy

S. Korean Listed Firms' Operating Profit Falls 37% in First Half

Written: 2019-07-28 13:46:09 / Updated: 2019-07-28 13:51:15

The combined operating profit of South Korean firms listed on the main and secondary bourses plunged 37 percent on-year in the first half of 2019. According ...

Economy

S. Korea Speeds up Efforts to File Complaint with WTO on Japan's Export Curbs

Written: 2019-07-28 12:41:35 / Updated: 2019-07-28 13:50:08

The government is reportedly speeding up preparations to file a complaint with the World Trade Organization (WTO) as Japan is set to remove South ...

Economy

KOSPI Closes Friday Down 0.40%

Written: 2019-07-26 15:45:54 / Updated: 2019-07-26 15:48:29

The benchmark Korea Composite Stock Price Index(KOSPI) lost eight-point-22 points, or point-40 percent, on Friday. It ended the week at two-thousand-66-point-26. The ...

Economy

S. Korea To Raise Tax Burden on High-Income Earners

Written: 2019-07-26 13:44:17 / Updated: 2019-07-26 15:34:23

The government on Thursday revealed a plan to increase the tax burden for high-income earners while giving more tax breaks to businesses.  According ...