Economy
Written: 2024-12-13 09:30:39 / Updated: 2024-12-13 15:20:30
South Korea's credit rating remains “stable” despite the political turmoil after President Yoon Suk Yeol’s surprise martial law declaration ...
Economy
Written: 2024-12-11 15:45:45 / Updated: 2024-12-11 15:54:22
Finance minister Choi Sang-mok has reaffirmed his stance that the government will fully respond to excessive volatility in the market.
Choi ...
Economy
Written: 2024-12-11 10:58:48 / Updated: 2024-12-11 11:07:22
Korean Air is set to finalize its long-awaited merger with rival Asiana Airlines on Wednesday.
Korean Air plans to invest one-point-five ...
Economy
Written: 2024-12-11 10:36:20 / Updated: 2024-12-11 10:50:42
The Asian Development Bank(ADB) has slashed its growth outlook for South Korea for both this year and next year.
In its latest Asian Development ...
Economy
Written: 2024-12-11 10:25:52 / Updated: 2024-12-11 15:47:27
The nation added more than 120-thousand jobs in November, showing a slight increase from the previous month.
According to Statistics Korea ...
Economy
Written: 2024-12-11 10:01:48 / Updated: 2024-12-11 10:07:54
Exports rose more than ten percent year-on-year in the first ten days of December on the back of robust exports of semiconductors.
According ...
Economy
Written: 2024-12-11 08:43:41 / Updated: 2024-12-11 15:42:26
The national police commissioner and the Seoul police chief have been arrested for their alleged involvement in President Yoon Suk Yeol’s botched ...
Economy
Written: 2024-12-10 18:50:18 / Updated: 2024-12-10 19:07:44
Income taxation on financial investment, which was set to take effect in January, has been abolished.
A bill on revisions to the Income Tax Act ...
Economy
Written: 2024-12-10 15:42:18 / Updated: 2024-12-10 16:52:08
The benchmark Korea Composite Stock Price Index rose 57-point-26 points, or two-point-43 percent, on Tuesday to close at two-thousand-417-point-84.
The ...
Economy
Written: 2024-12-10 10:17:05 / Updated: 2024-12-10 15:16:54
Amid increased volatility in the financial and foreign exchange markets after President Yoon Suk Yeol’s botched martial law move, financial authorities ...