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[ THE INVESTOR ] Buoyed by rising international oil prices, Korea's export and import prices each surged by 0.5 percent in April compared to the previous month, the Bank of Korea said on May 17. ...
[ THE INVESTOR ] President Moon Jae-in has named Kim Sang-jo, a longtime shareholder activist with a nickname “chaebol sniper,” to be the new head of the anti-trust watchdog Fair Trade Commission,...
[ THE INVESTOR ] With a trade of phone calls and special envoys, President Moon Jae-in is kick-starting top-level diplomacy, bringing an end to a monthslong vacuum that sparked concerns about Seou...
[ THE INVESTOR ] New industries such as electric and autonomous vehicles, smart ships and robots will create some 380,000 new jobs, a report by the Minister of Commerce, Industry and Energy showed ...
[ THE INVESTOR ] South Korea’s per capita gross national income has remained below $30,000 for more than a decade since it surpassed the $20,000 mark for the first time in 2006. A survey conducted...
[ THE INVESTOR ] Korea’s exports of information and communications technology products rose at the fastest clip in nearly seven years in April, government data showed on May 17. A total of US$15.5...
[ THE INVESTOR ] Korea’s credit card spending jumped 13.7 percent in March from a year ago, data showed on May 17. Credit card purchases totaled 66.4 trillion won (US$59.50 billion) in March, acco...
[ THE INVESTOR ] North Korea may be behind the ransomware attacks that disrupted computer systems across the world over the weekend, cyber security experts said on May 16, suggesting a link betwee...
[ THE INVESTOR ] President Moon Jae-in and his US counterpart Donald Trump are expected to hold their first summit next month in Washington as they seek to coordinate North Korea policy following ...
[ THE INVESTOR ] Hit by the prolonged slump, South Korean shipbuilders and related businesses cut 8,670 or 14.8 percent of their workforce last year, data by industry tracker Chaebul.com showed on ...
[ THE INVESTOR ] India has slapped anti-dumping duties on Korean steel products for five, the trade promotion agency said on May 16. “India has aggressively expanded its steel plants to meet growi...
[ THE INVESTOR ] One out of every five employees working in Korea work 54 hours a week or longer, Statistics Korea’s data showed on May 15. While the average working hours continued to drop since ...
[ THE INVESTOR ] President Moon Jae-in’s government is seen to be moving to decouple security and historical issues from Korea’s economic ties with China and Japan. Moon expressed such intention d...
[ THE INVESTOR ] Outdated coal-fired plants, aged 30 years or over, will be temporarily closed down as part of the government’s emergency measure to combat fine dust, Cheong Wa Dae said on May 15....
[ THE INVESTOR ] With President Moon Jae-in promising to create 810,000 jobs and enhance welfare for ordinary people, the new government needs a big boost in fiscal income to execute jobs and welfa...
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