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Standard & Poor’s on Nov. 6 affirmed its AA sovereign credit rating for South Korea, despite earlier slashing its growth outlook. The global rating agency also maintained its stable outlook for t...
South Korea’s exports of agricultural products advanced 1.3 percent in the first 10 months of 2019 from a year earlier, data showed Nov. 7, on the back of strong demand for fresh goods. The count...
Foreign direct investment in South Korea plunged 37 percent in the first half from a year earlier, a poor performance compared with the United States, China and Japan, a business lobby said Nov. 7. ...
South Korea’s credit default risk fell to the lowest level in more than 12 years, the Finance Ministry said Nov. 6, underscoring foreign investors’ confidence in Asia’s fourth-largest economy. Th...
South Korea and the United States held vice-ministerial economic cooperation talks in Seoul on Nov. 6, largely aimed at enhancing their key regional policy initiatives in Southeast Asia and the Indo-...
South Korea’s Transport Ministry on Nov. 6 adopted a scheme to cap presale prices of privately built apartments as part of extended efforts to stabilize real estate markets. Seoul revised related...
South Korea’s current account surplus reached an 11-month high in September, although its amount narrowed from a year earlier due to slowing exports, central bank data showed Nov. 6. The country’...
South Korea has built a hydrogen plant in the country’s western region, the Oceans Ministry said Nov. 5, in a move that could further boost its efforts to support the promotion of hydrogen fuel cell ...
South Korea’s foreign exchange reserves rose to a new high last month, but largely due to the weakening of the US dollar, which pushed up the dollar value of its assets held in other currencies, cent...
South Korea logged one of the sharpest falls in its potential growth rate over the past two years among advanced economies, data showed on Nov. 3. The country’s potential economic output was estimat...
South Korea’s central bank on Oct. 31 welcomed the latest US rate cut, saying it may help remove some economic uncertainties. “We believe a US rate cut generally works toward boosting the econ...
South Korea and 26 other countries have pledged to provide the Green Climate Fund with $9.7 billion over the next four years, the fund said Oct. 28. Korea doubled its contribution to $200 million...
South Korea’s Ocean Ministry said Oct. 28 it will gradually replace 140 government ships with those utilizing clean energy sources by 2030 to meet tighter regulations. “The project will help Kore...
South Korea’s declining exports are predicted to turn around in the first quarter of next year on the back of rising demand for chips and recovery in the global economy, a trade association said on O...
South Korea’s economic growth will likely slow down further this year, possibly falling below the 2 percent mark for the first time in 10 years, analysts said Oct. 24. The gloomy outlook comes af...
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
