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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...
South Korea’s Industry Ministry said on June 12 it will lend a hand to exporters of major consumer products, such as cosmetics and pharmaceuticals, by providing them with financial aid and other supp...
Amid a raging trade war between the world’s two largest economies, China has turned its wrath on South Korea, which appears to have joined a US-led campaign to sanction Chinese companies including Hu...
The value of online shopping transactions in South Korea rose 17.2 percent in April from a year earlier, data showed on June 5, in the latest sign that a growing number of people are using computers ...
South Korea officially announced the start of free trade agreement negotiations with the Philippines on June 3 as part of efforts to strengthen economic ties with the Southeast Asian country. Dur...
South Korea’s exports suffered the most in the first quarter among the world‘s 20 biggest economies over an escalation of the trade feud between the United States and China, a report showed on June 3...
South Korea will host the annual roundtable of IP5 -- the world’s top five intellectual property offices -- in Incheon’s Songdo on June 11-13, the Korean Intellectual Property Office said on June 2. ...
With the trade dispute between the US and China casting a shadow over the global economic outlook, South Korea’s exports fell for the sixth straight month in May. According to data released by the M...
South Korean companies’ outlook for their business conditions worsened for the upcoming month, central bank data showed on May 29, amid worries that Asia’s fourth-largest economy may face increasing ...
South Korea is considering extending a temporary tax cut on purchases of passenger cars, a finance ministry official said on May 27, in the latest move to boost domestic consumption. The governme...
The International Monetary Fund has said South Korea’s fiscal policy should remain expansionary in the medium term to support growth, job creation and external rebalancing. “Korea has ample fiscal s...
South Korea will spend 240 billion won ($204 million) in the next 10 years to develop key semiconductor technologies that can alter the paradigm of the chip industry as a whole, the Science Ministry ...
Hyundai Mobis invests W25b in US tech funds for future mobility
Korean PEF inches closer to KDB Life acquisition
Authorities to expand local companies’ access to financial database
Kakao Pay Securities highlights fun factor in stock trading
Watchdog urges full compensation for damages from ponzi-involved Lime fund
Seoul emerges top 20 in global startup ecosystem report
FSS finds no proof on alleged hacking attempts of Toss: sources
Chunlab launches health care services centering on feces analyzation
July 02, 2020
