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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KOSPI Closes Monday Down 1.78%

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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 ...

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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 ...

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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 ...

Economy

Japan Poised to Remove S. Korea from 'Whitelist' of Preferred Trade Partners Aug. 2

Written: 2019-07-26 11:51:59 / Updated: 2019-07-26 14:33:48

Anchor: Japan is expected to remove South Korea from a so-called whitelist of countries that enjoy streamlined bilateral trade relations. If the ...

Economy

Trade Minister: US Commerce Dept to Play 'Necessary Role' to Help Resolve Seoul-Tokyo Trade Row

Written: 2019-07-26 10:13:04 / Updated: 2019-07-26 14:35:07

U.S. Commerce Secretary Wilbur Ross reportedly said on Thursday that the United States will play a necessary role to help resolve a trade row between ...

Economy

S. Korea's Consumer Sentiment Drops for Third Straight Month in July

Written: 2019-07-26 09:05:02 / Updated: 2019-07-26 10:40:57

South Korea's consumer sentiment dropped for the third consecutive month in July.   The Bank of Korea(BOK) said on Friday that the composite ...