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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...

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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...

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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. ...

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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...

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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...

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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. ...

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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...

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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...

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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...

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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...

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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...

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