Industrial Output & Consumption Rise, Investment Falls in March
[Economy] : Industrial output and consumption increased in March, but investment saw a decline. Statistics Korea said on Friday...
Public Firms' Debt Climbs 15% in 2022
[Economy] : The combined debt at public institutions jumped 15 percent last year while new hires fell for the third year. Accor...
S. Korea's Exports to China Plunge 28% in Q1, Biggest Fall among China's Trading Partners
[Economy] : The country's exports to China suffered the biggest drop in the first quarter among China's major trading partners. ...
Korean Won Suffers Third Largest Loss against Dollar in April among 26 Currencies
[Economy] : The Korean won has suffered the third largest loss against the U.S. dollar among 26 major currencies in April. On t...
Exports Fall for 7th Straight Month in April amid Sluggish Chip Demand
[Economy] : Anchor: The depressed semiconductor industry is taking its toll on South Korea’s exports, which posted an on-year decl...
Asia Development Bank's 56th Annual Meeting Kicks off in Songdo
[Economy] : The Asian Development Bank(ADB) kicked off its 56th annual meeting in Songdo, Incheon on Tuesday for a four-day run. ...
Inflation Slows to 3.7% in April for 14-Month Low
[Economy] : Consumer prices grew at the slowest pace in 14 months in April. According to Statistics Korea on Tuesday, the country...
Victims of Alleged Stock Manipulation Files Complaint with Prosecution
[Economy] : Victims of a suspected large-scale stock manipulation has filed a complaint with prosecutors against individuals suspe...
Negotiation to Set 2024 Minimum Wage to Begin Tuesday
[Economy] : A plenary session of the Minimum Wage Commission is set to convene Tuesday afternoon to set the rate for next year. T...
Gov't Extends Immigrant Investor Scheme for Real Estate by 3 Years
[Economy] : The government has decided on a three-year extension for a government program offering an F-2 residence visa to foreig...
S. Korea-Japan Finance Ministers' Meeting Held for First Time in 7 Yrs.
[Economy] : The finance ministers of South Korea and Japan held talks for the first time in seven years on Tuesday. Finance Min...