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South Korea’s Trade Ministry has started a review of the legal grounds for filing a complaint with the World Trade Organization over Japan’s decision to tighten the rules for exports of semiconductor...
South Korea’s new tax chief vowed July 1 to cut the number of probes into companies to ensure their normal business operations will not be undermined. National Tax Service Commissioner Kim Hyun-j...
South Korea’s exports decreased 13.5 percent in June from a year earlier, extending their on-year fall for the seventh consecutive month, data showed on July 1, due mainly to the prolonged trade row ...
A total of 24 Korean chaebol members were found to be holding more than 1 trillion won ($865 million) worth of listed shares as of the latest trading session. Samsung Chairman Lee Kun-hee (second fr...
The leaders of South Korea and India agreed on June 28 to step up efforts for synergies between their key diplomatic strategies aimed at broadening partnerships with more countries in Asia. Presi...
South Korea’s exports will likely drop more than 6 percent from a year earlier in 2019, dipping below the $600 billion mark only one year after breaching the threshold, a local trade agency said on J...
South Korea is considering extending a temporary tax cut on purchases of all-electric and hydrogen fuel cell electric cars, Finance Minister Hong Nam-ki said on June 25, in the latest move to help ec...
A major umbrella labor group said on June 24 it will stage a general strike next month to protest what it calls the liberal Moon Jae-in government’s suppression of the labor sector. The announcem...
President Moon Jae-in’s new secretary for policy, who earned the nickname “chaebol sniper” for his decade-long shareholder activism, vowed to keep his stance of promoting income-led growth, innovatio...
The South Korean economy added 359,000 jobs in the fourth quarter of last year, the biggest quarterly gain in a year, government data showed on June 20. There were 18.49 million salaried jobs in ...
South Korea retained the top spot in a European innovation list for the seventh consecutive year, the Finance Ministry said on June 19. Korea scored 137 points in global performance in relation t...
Goldman Sachs, a leading global investment banking group, said on June 18 it is cutting South Korea’s growth forecast for this year and next. The slash is based on the prospect of a smaller-than-e...
South Korean companies suffered heavy losses in the first quarter, central bank data showed on June 18, apparently due to a sharp drop in exports and tepid local consumption. In the first three m...
South Korea’s health care and cosmetics exports surged to $14.6 billion last year, helped by solid demand, the Ministry of Health and Welfare said on June 17. Outbound shipments of drugs, medical...
Foreign currency deposits held by banks in South Korea increased in May, central bank data showed on June 17, as both individuals and companies apparently sought to expand their foreign exchange hold...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 19, 2021
