Economy

KOSPI Closes Friday Up 0.68%

Written: 2018-09-21 15:58:24 / Updated: 2018-09-21 15:59:37

The benchmark Korea Composite Stock Price Index(KOSPI) rose 15-point-72 points, or point-68 percent on Friday. It ended the day at two-thousand-339-point-17 ...

Economy

Gov't to Create New Cities around Seoul Metro to Contain Housing Prices

Written: 2018-09-21 15:04:44 / Updated: 2018-09-21 17:01:19

Related News

Finance Minister Vows to Raise Gov't-Set Property Values

Gov't to Supply 300,000 Public Homes in Capital Region

Economy

FSC Chief: Approval for 3rd Internet-Only Bank Likely to Come Next Spring

Written: 2018-09-21 14:26:26 / Updated: 2018-09-21 14:29:28

Financial Services Commission Chairman Choi Jong-ku said Friday that the commission will likely grant approval for the nation’s third Internet-only ...

Economy

Internet-Only Banks Welcome Passage of Bill Easing Nonfinancial Firms' Ownership Ceiling

Written: 2018-09-21 13:43:53 / Updated: 2018-09-21 13:45:59

The country's Internet-only banks have welcomed the National Assembly's passage of a bill Thursday, which allows nonfinancial firms ...

Economy

Finance Minister Vows to Raise Gov't-Set Property Values

Written: 2018-09-21 13:16:40 / Updated: 2018-09-21 13:31:06

Finance Minister Kim Dong-yeon has vowed to raise government-set property values to reflect rising housing prices. In an interview with foreign ...

Economy

OECD Slashes Growth Forecast for S. Korea from 3% to 2.7%

Written: 2018-09-21 13:07:53 / Updated: 2018-09-21 13:19:04

The Organization for Economic Cooperation and Development(OECD) has slashed this year's growth outlook for South Korea to two-point-seven ...

Economy

Gov't to Supply 300,000 Public Homes in Capital Region

Written: 2018-09-21 10:52:15 / Updated: 2018-09-21 15:50:28

The government will supply 35-thousand public homes at 17 locations in the metropolitan area as part of efforts to curb soaring home prices.  Land, ...

Economy

Gov't to Announce Measures to Open Arrival Duty Free Shops After Chuseok

Written: 2018-09-21 10:22:48 / Updated: 2018-09-21 12:49:33

The government is set to announce measures related to opening duty free shops at arrival terminals of the country's major ports of entry following ...

Economy

S. Korea's Producer Prices Hit 4-Year High in August

Written: 2018-09-21 08:53:24 / Updated: 2018-09-21 10:42:57

South Korea's producer prices rose to a four-year high in August as the cost of farm products soared due to the unprecedented heat wave. According ...

Economy

Assembly Committee Passes Tax Reduction Bill for Leasing Operators

Written: 2018-09-20 18:46:15 / Updated: 2018-09-20 20:43:21

A parliamentary standing committee has passed a bill to provide tax reduction for long-term leasing operators.   The National Assembly’s ...