Fisheries Ministry: Sales of Seafood Unaffected by Fukushima Release
Kevin
Sep 14, 2023
36
235
[Economy] : The fisheries ministry says there has been no decline in seafood consumption in the nation despite the start of the Fu...
KOSPI Ends Monday Up 0.81%
Kevin
Sep 14, 2023
97
272
[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) climbed 20-point-84 points, or zero-point-81 percent, on Monday...
Consumer Prices Rise 3.4% in August
Kevin
Sep 14, 2023
27
715
[Economy] : Consumer prices rose over three percent in August as heavy rains and heat waves pushed up the prices of agricultural p...
Economy Grows 0.6% in Q2
Kevin
Sep 14, 2023
58
319
[Economy] : The South Korean economy grew zero-point-six percent in the second quarter. According to tentative data by the Bank...
BOK Forecasts Inflation to Restabilize after October
Kevin
Sep 14, 2023
89
897
[Economy] : The Bank of Korea(BOK) has forecast inflation to stabilize in the fourth quarter as the August jump in inflation to th...
Gov’t Earmarks 80 Billion More Won to Promote Seafood Consumption
Kevin
Sep 14, 2023
79
236
[Economy] : An additional 80 billion won, or 60-point-one million U.S. dollars, will be invested to help prop up seafood consumpti...
KOSPI Ends Tuesday Down 0.09%
Kevin
Sep 14, 2023
33
295
[Economy] : The benchmark Korean Composite Stock Price Index(KOSPI) shed two-point-37 points, or zero-point-09 percent, on Tuesday...
Guatemala Joins S. Korea-Central America FTA
Kevin
Sep 14, 2023
55
618
[Economy] : Guatemala has joined a free trade agreement(FTA) adopted between South Korea and five Central American countries. Th...
Taxi Fares Rise 19.1% in August, Largest Gain Since 1999
Kevin
Sep 14, 2023
75
330
[Economy] : Taxi fares in the country increased at the steepest pace last month since the 1999 foreign currency crisis. Accordin...
S. Korean Shipbuilders Rank 2nd in New Orders after China in Aug.
Kevin
Sep 14, 2023
78
666
[Economy] : South Korea's shipbuilders ranked second in new orders last month, again losing the top spot to China. According t...
KOSPI Ends Wednesday Down 0.73%
Kevin
Sep 14, 2023
59
887
[Economy] : The benchmark Korean Composite Stock Price Index(KOSPI) shed 18-point-84 points, or zero-point-73 percent, on Wednesda...
Transport Ministry Slaps 18.7 Bln Won Penalty on 19 Car Makers, Importers
Kevin
Sep 14, 2023
77
987
[Economy] : The transport ministry announced on Thursday that it slapped a penalty of 18-point-seven billion won, or approximately...
KOSPI Ends Thursday Down 0.59%
Kevin
Sep 14, 2023
87
166
[Economy] : The benchmark Korea Composite Stock Price Index (KOSPI) fell 15-point-zero-eight points, or zero-point-59 percent, on ...
S. Korea Posts Current Account Surplus for Third Month in July
Kevin
Sep 14, 2023
55
502
[Economy] : South Korea logged a current account surplus for the third consecutive month in July, albeit with a decrease compared ...
KOSPI Ends Friday Down 0.02%
Kevin
Sep 14, 2023
52
328
[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) went down zero-point-58 points, or zero-point-02 percent, on Fr...
Kakao Mobility to Build Generative AI Engine Customized for Mobility by 1st Half of 2024
Kevin
Sep 14, 2023
75
664
[Economy] : Kakao Mobility has disclosed its vision to create an advanced platform with generative artificial intelligence(AI) tec...
Gov't Says China's Export Curbs on Urea Would Have Limited Impact on Fertilizer Supply & Demand
Kevin
Sep 14, 2023
26
1018
[Economy] : The agriculture ministry says even if China restricts its urea exports, the move would have limited impact on the supp...
Global Food Prices Down 2.1% in August
Kevin
Sep 14, 2023
51
615
[Economy] : Global food prices fell last month. According to Seoul's agriculture ministry, the global food price index released...
S. Korean Builders' Overseas Orders Surpass 20 Bln Dollars in January-August Period
Kevin
Sep 14, 2023
34
320
[Economy] : South Korean construction companies' overseas orders in the first eight months of the year surpassed 20 billion dollar...
Six out of Ten S. Korean Companies Negative on New Hires
Kevin
Sep 14, 2023
46
774
[Economy] : A survey finds that six out of ten large companies in the country have no plans for recruitment or have not made plans...
Exports Fall 7.9% in First 10 Days of September
Kevin
Sep 14, 2023
75
203
[Economy] : Exports fell nearly eight percent on-year in the first ten days of September. According to preliminary data from the ...
KOSPI Ends Monday Up 0.36%
Kevin
Sep 14, 2023
38
968
[Economy] : The benchmark Korea Composite Stock Price Index (KOSPI) climbed nine-point-2 points, or zero-point-36 percent, on Mond...
Seoul to Unveil Unlimited Bus, Subway Passes
Kevin
Sep 14, 2023
32
586
[Economy] : Seoul City plans to launch a monthly unlimited public transportation pass that will be available on a trial basis star...
KOSPI Ends Tuesday Down 0.79%
Kevin
Sep 14, 2023
42
170
[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) shed 20-point-3 points, or zero-point-7-9 percent, on Tuesday t...
268,000 Jobs Added in August
Kevin
Sep 14, 2023
56
955
[Economy] : South Korea added more than 260-thousand jobs in August compared to the previous year. According to Statistics Korea...
Imports Prices Rise 4.4% in August, Largest Gain in 17 Months
Kevin
Sep 14, 2023
45
1018
[Economy] : The country’s import prices rose at the steepest pace in 17 months in August due to a spike in global oil prices. Acc...
KOSPI Ends Wednesday Down 0.07%
Kevin
Sep 14, 2023
33
431
[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) shed one-point-88 points, or zero-point-07 percent, on Wednesda...
US Tentatively Approves Sale of F-35A Jets to S. Korea
Kevin
Sep 14, 2023
67
872
[Economy] : The U.S. State Department has tentatively approved the sale of F-35A stealth fighter jets and related equipment to Sou...
KOSPI Ends Thursday Up 1.51% The benchmark Korea Composite
Kevin
Sep 14, 2023
12
965
[Economy] : The benchmark Korea Composite Stock Price Index (KOSPI) rose 38-point-19 points, or one-point-five-one percent, on Thu...
Fiscal Deficit Hits 67.9 Trillion Won as of July
Kevin
Sep 14, 2023
88
856
[Economy] : South Korea’s fiscal deficit reached 67-point-9 trillion won, or 51-point-2 billion U.S. dollars in the first seven mo...
Producer Prices Fall for Third Month in June
Kevin
Jul 30, 2023
69
951
[Economy] : Producer prices dropped for the third consecutive month in June as a fall in global oil prices pulled down prices of i...
Exports Fall 15.2% in First 20 Days of July
Kevin
Jul 30, 2023
47
583
[Economy] : Exports fell about 15 percent on-year in the first 20 days of July. According to tentative data from the Korea Cust...
Gov’t to Expand Digital Services to Improve Convenience, Safety
Kevin
Jul 30, 2023
55
197
[Economy] : The government plans to expand digital services in the five leading areas of distribution, finance, safety, administra...
KOSPI Ends Friday Up 0.37%
Kevin
Jul 30, 2023
73
820
[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) rose nine-point-53 points, or zero-point-37 percent, on Friday,...
Gas, Diesel Prices Rise for 2nd Week
Kevin
Jul 30, 2023
55
970
[Economy] : Gasoline and diesel prices have risen for the second week. According to oil price portal Opinet run by the Korea N...
IMF Projects S. Korea's Net External Financial Assets to Increase to 56% of GDP
Kevin
Jul 30, 2023
79
563
[Economy] : The International Monetary Fund (IMF) projected that South Korea’s ratio of net external financial assets is likely to...
Household Loans at Major Banks Jump in July
Kevin
Jul 30, 2023
42
335
[Economy] : Household loans issued by five major local banks rose by more than 300 billion won this month. According to sources...
Samsung SDI, Stellantis to Build Another EV Battery Plant in US
Kevin
Jul 30, 2023
64
507
[Economy] : Samsung SDI and multinational automotive manufacturing corporation Stellantis will build their second electric vehicle...
S. Korea, Indonesia Agree to Cooperate in EVs, Supply Chains
Kevin
Jul 30, 2023
76
717
[Economy] : South Korea and Indonesia have agreed to cooperate in the creation of an ecosystem for the electric vehicle(EV) and ba...
KOSPI Ends Monday Up 0.72%
Kevin
Jul 30, 2023
62
204
[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) rose 18-point-77 points, or zero-point-72 percent, on Monday, t...
