Economy

International Semiconductor Association Warns of Follow-up Action over Japan's Export Curbs

Written: 2019-08-01 18:08:42 / Updated: 2019-08-01 18:23:14

An international association of semiconductor producers says it's ready to take necessary measures if the conflict deepens between Seoul ...

Economy

Construction Sentiment in July Hits 5-Year Low

Written: 2019-08-01 16:42:36 / Updated: 2019-08-01 18:20:59

Business sentiment in the construction sector recorded a five-year low for the month July. The Construction and Economy Research Institute ...

Economy

KOSPI Closes Thursday Down 0.36%

Written: 2019-08-01 15:51:33 / Updated: 2019-08-01 16:37:52

South Korean stocks were down on Thursday after the U.S. Federal Reserve cut its key rate for the first time in over a decade. The benchmark Korea ...

Economy

Kang-Kono Meeting Ends Without Results

Written: 2019-08-01 15:25:05 / Updated: 2019-08-01 16:47:28

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FM Kang: Response Measures to Come if S. Korea Dropped from 'Whitelist'

Economy

FM Kang: Response Measures to Come if S. Korea Dropped from 'Whitelist'

Written: 2019-08-01 14:44:42 / Updated: 2019-08-01 15:27:04

Foreign Minister Kang Kyung-wha said Thursday warned of response measures if Japan removes South Korea from its “whitelist” of preferential trade ...

Economy

Seoul to Raise Japan Trade Restrictions at Beijing Conference

Written: 2019-08-01 14:09:23 / Updated: 2019-08-01 14:21:16

South Korea will make the case that Japan's export restrictions are unjustified during a trade ministers' meeting of 16 Asia-Pacific ...

Economy

U.S. Fed Cuts Interest Rate for First Time Since 2008

Written: 2019-08-01 14:03:06 / Updated: 2019-08-01 15:59:22

Anchor: The U.S. Federal Reserve on Wednesday slashed its main interest rate by 25 basis points, the first such cut in over a decade. In South Korea, ...

Economy

S. Korea's Exports Dip 11% in July

Written: 2019-08-01 10:59:54 / Updated: 2019-08-01 12:02:15

South Korea's exports decreased for the eighth consecutive month in July amid a cyclical downturn in semiconductors prices. According to the ...

Economy

S. Korea's Consumer Prices Stay Below 1% for 7th Straight Month

Written: 2019-08-01 09:33:52 / Updated: 2019-08-01 11:42:20

South Korea's consumer prices remained stable in July, posting growth below one percent for the seventh consecutive month. According to Statistics ...

Economy

US Fed Cuts Key Interest Rate for First Time in Decade

Written: 2019-08-01 08:34:17 / Updated: 2019-08-01 10:42:42

The U.S. Federal Reserve on Wednesday cut the benchmark lending rate for the first time since December 2008. In a Federal Open Market Committee(FOMC) ...