KOSPI Rises on Back of Wall Street Gains
Written: 2018-06-05 15:54:37 / Updated: 2018-06-05 15:54:52
The benchmark Korea Composite Stock Price Index(KOSPI) rose on Tuesday as gains on Wall Street helped boost investor sentiment. The KOSPI ...
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K-Beauty Products Growing Popular in Europe
Written: 2018-06-05 15:15:15 / Updated: 2018-06-05 15:48:03
The Brussels office of the Korea International Trade Association says South Korea beat Japan to become one of the top five cosmetics exporters to ...
Cabinet Endorses Minimum Wage Bill Despite Protests from Labor Community
Written: 2018-06-05 14:50:46 / Updated: 2018-06-05 16:36:03
The Moon administration Cabinet endorsed the minimum wage bill Tuesday, prompting immediate condemnation from the the labor community. The ...
S. Korea's Current Account Surplus Drops to Lowest Point in Six Years
Written: 2018-06-05 09:38:55 / Updated: 2018-06-05 14:24:44
South Korea's current account surplus contracted to its lowest point in six years in April, in part due to a sharp rise in dividend payouts. According ...
Labor Community Urges Moon to Veto Revised Minimum Wage Bill
Written: 2018-06-04 17:39:11 / Updated: 2018-06-04 18:26:31
Labor groups gathered near the presidential office Monday to urge President Moon Jae-in to veto latest revisions to the minimum wage bill. The ...
KDI: Minimum Wage Hike May Reduce 84,000 Jobs
Written: 2018-06-04 15:05:22 / Updated: 2018-06-04 15:12:28
The Korea Development Institute (KDI) projects the minimum wake hike introduced this year could lead to a decrease in jobs by as many as 84-thousand. KDI ...
BOK Chief Warns of Financial Instability after Possible US Rate Hike
Written: 2018-06-04 10:56:38 / Updated: 2018-06-04 11:20:49
The head of the Bank of Korea has warned of possible capital outflow and market volatility as the U.S. is widely expected to raise its key interest ...
S. Korea Ranks 10th among OECD in Growth of Food Prices
Written: 2018-06-03 14:28:58 / Updated: 2018-06-03 14:33:18
South Korea ranked tenth among advanced economies in terms of the growth of food prices. According to data by the Organization for Economic ...
Gasoline Prices Top 1,600 won
Written: 2018-06-03 14:23:14 / Updated: 2018-06-03 14:54:04
Domestic gasoline prices have risen for the sixth straight week, surpassing 16-hundred won per liter. According to data by the Korea National ...
Trade Minister Strives to Block EU Safeguards on Steel
Written: 2018-06-02 13:38:31 / Updated: 2018-06-02 14:13:52
Trade Minister Kim Hyun-chong has visited Europe in response to the European Union launching inspections to consider safeguard measures on steel ...
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