Economy

KOSPI Closes Wednesday Down 1.03%

Written: 2018-09-05 15:45:57 / Updated: 2018-09-05 16:48:55

South Korean stocks fell Wednesday as ongoing trade conflict between the U.S. and China curbed investor appetite for riskier assets. The benchmark ...

Economy

S. Korea's Forex Reserves See Drop for First Time in 6 Months

Written: 2018-09-05 09:56:06 / Updated: 2018-09-05 10:02:23

South Korea's foreign exchange reserves slipped for the first time in half a year in August.  The Bank of Korea said Wednesday that foreign ...

Economy

PM: Gov't to Foster 400,000 Intellectual Property Experts in 5 Years

Written: 2018-09-04 16:25:36 / Updated: 2018-09-04 17:25:28

Prime Minister Lee Nak-yon says the government will foster an additional 400-thousand intellectual property(IP) experts within five years. Lee ...

Economy

KOSPI Closes Monday Up 0.38%

Written: 2018-09-04 15:51:52 / Updated: 2018-09-04 16:32:33

South Korean stocks rose Tuesday as market leader Samsung Electronics announced that it would release a new foldable smartphone sometime this ...

Economy

Vegetable Prices Continue to Climb Ahead of Chuseok Holiday

Written: 2018-09-04 15:06:16 / Updated: 2018-09-04 15:14:52

Vegetable prices, already high due to heavy rain and record heatwaves, continue to climb as the Chuseok thanksgiving holiday approaches.  According ...

Economy

S. Korea Unlikely to Meet 2018 Growth Projections

Written: 2018-09-04 12:11:47 / Updated: 2018-09-04 17:04:20

Related News

S. Korea's Economy Expands 0.6% in Q2

Economy

Household Loans Top 550 Tln Won in August

Written: 2018-09-04 11:22:07 / Updated: 2018-09-04 14:47:41

Household loans from five key commercial banks topped 550 trillion won last month.  According to the banking industry, household loans issued ...

Economy

S. Korea's Economy Expands 0.6% in Q2

Written: 2018-09-04 09:40:31 / Updated: 2018-09-05 10:35:49

South Korea's economy saw growth of point-six percent in the second quarter, slightly lower than an earlier estimate.  According to ...

Economy

Consumer Prices Grow 1.4% in August

Written: 2018-09-04 09:10:53 / Updated: 2018-09-04 09:28:56

South Korea's consumer prices remained relatively stable in August after a drop in electricity fees offset a sharp increase in farm product ...

Economy

Land Minister Stresses Need to Increase Comprehensive Real Estate Tax

Written: 2018-09-04 08:51:07 / Updated: 2018-09-04 14:42:37

Land Minister Kim Hyun-mee has hinted at further raising the comprehensive real estate tax over concerns that rental housing could be used as a new ...