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South Korea’s consumer prices rose 0.2 percent on-year in November, marking the first gain in four months, the statistics agency said Dec. 2. The consumer price index stood at 104.87 in November,...
The South Korean economy is expected to bounce back next year, although its expansion may be weaker than expected due to falling exports and weak consumer sentiment. Asia’s No. 4 economy is expec...
South Korea and Cambodia agreed to launch a joint feasibility study on their potential free trade agreement in a move to forge deeper economic ties and expand exchanges, Seoul’s Trade Ministry said N...
South Korea will hold an annual consultation with Fitch Ratings this week on the country’s sovereign rating, the Finance Ministry said Bov. 25. A three-member Fitch delegation led by James McCorm...
South Korea’s exports are expected to drop for the 12th month in a row this month, a poll showed Nov. 25, due mainly to sinking overseas demand for chips. Outbound shipments are likely to fall 10...
A movie based on the true story of the takeover of the Korea Exchange Bank by US hedge fund Lone Star Funds has reignited controversy over the deal, which is still the subject of an ongoing investor-...
South Korea’s household debt reached a record high in the third quarter of the year, but it grew at the slowest clip in more than 15 years amid government measures to curb it, central bank data showe...
The Cabinet on Nov. 19 approved a bill on regulation of peer-to-peer loans in a bid to tackle deceptive P2P lending practices and protect consumers, officials said. Under the regulation, which wi...
South Korea’s Justice Ministry on Nov. 18 unveiled a revised visa policy to ease regulations for foreign workers in the parts, materials and equipment industries as part of ongoing efforts to help th...
South Korea’s trade deficit with Japan is expected to sink to a 16-year low in 2019 due to a tumble in imports, data showed Nov. 18. Seoul posted a trade deficit of $16.37 billion with Tokyo in t...
South Korea is exploring the possibility of forging individual free trade deals with more ASEAN member states, a senior trade official has said, in a move to further boost growing economic ties with ...
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...
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
