Economy

S. Korea's 4 Major Banks' Interest Earnings Up 10%

Written: 2018-10-28 14:06:28 / Updated: 2018-10-28 14:07:44

South Korea's four leading banks earned 16-point-seven trillion won from interest earnings alone this year.   According to regulatory ...

Economy

S. Korea's Long-term Jobseekers Hit Record High 152,000

Written: 2018-10-28 13:10:38 / Updated: 2018-10-28 14:12:23

The number of long-term unemployed people in South Korea marked the largest growth in 19 years this year.   According to Statistics Korea data, ...

Economy

Average Gasoline Price Nears 1,700 Won

Written: 2018-10-27 13:34:12 / Updated: 2018-10-27 14:14:10

Domestic gasoline and diesel prices continued to rise for the 17th consecutive week, posting the highest levels this year. According to Opinet, ...

Economy

Banks to Adopt Stricter Loan Rules from Wednesday

Written: 2018-10-27 13:11:36 / Updated: 2018-10-27 14:25:41

The banking sector will face tighter loan regulations from next week. Starting Wednesday, the lending calculation for home mortgages, named ...

Economy

Export Volume Index Lowest in 5 Months

Written: 2018-10-26 16:54:15 / Updated: 2018-10-27 11:00:14

The index of exports volume reached its lowest level in five months in September partly due to fewer work days resulting from the Chuseok holiday. According ...

Economy

Kia Motors Delivers Dismal 3Q Results Amid Faltering Sales

Written: 2018-10-26 16:16:13 / Updated: 2018-10-26 18:22:05

South Korea’s second-largest automaker Kia Motors says its operating profit in the third quarter was 117-point-three billion won, down 66-point-seven ...

Economy

S. Korean Stocks Plunge for 4th Consecutive Day on Uncertainties

Written: 2018-10-26 15:48:25 / Updated: 2018-10-26 17:07:26

Related News

KOSPI Loses 1.75% Friday

S. Korea's Consumer Sentiment Dips in Oct.

Economy

Incheon City Begins Legal Review of Recovering Land from GM Korea

Written: 2018-10-26 15:44:41 / Updated: 2018-10-26 15:55:28

The city of Incheon has started a legal review of whether it can recover a piece of land it lent to GM Korea for free. The company vowed in 2005 to ...

Economy

KOSPI Loses 1.75% Friday

Written: 2018-10-26 15:42:36 / Updated: 2018-10-26 15:50:51

The benchmark Korea Composite Stock Price Index(KOSPI) on Friday lost 36-point-15 points, or one-point-75 percent. It closed the day at two-thousand-27-point-15.  The ...

Economy

S. Korea's Consumer Sentiment Dips in Oct.

Written: 2018-10-26 09:25:10 / Updated: 2018-10-26 11:57:32

South Korea's consumer sentiment fell below the benchmark 100 again in October after a rebound the previous month.  According to a survey by the ...