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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...
The head of South Korea’s antitrust regulator said Oct. 22 she will ensure the country’s law is applied fairly against foreign companies accused of violations. Fair Trade Commission Chairperson J...
Prime Minister Lee Nak-yon said on Oct. 22 that his trip to Japan will help South Korea and Japan take a step forward in mending their frayed ties over the issue of Tokyo’s wartime use of forced labo...
Duncan Harrison, country manager of Robert Walters Korea, the Seoul branch of the London-based recruiting firm, shared some tips for job seekers who are hoping to enter the startup industry. The job...
The Bank of Korea on Oct. 16 slashed its policy rate by a quarter percentage point to 1.25 percent amid a series of economic headwinds facing the economy, including low inflation and a steady decline...
Foreign direct investment pledged to South Korea in the third quarter of 2019 moved up 4.8 percent from a year earlier, data showed Oct. 10. The country received $3.61 billion worth of FDI commit...
South Korea marked the steepest drop in export volume so far this year among the world’s top 10 exporters, data showed. Korea’s export slowdown was especially noticeable in July, due partly to the s...
Japan has approved only seven shipments of sensitive industrial materials under restriction to South Korea since its implemented export curbs in July, Seoul’s trade minister said Oct. 2. The neig...
South Korea and the UK signed a memorandum of understanding Sept. 30 to launch a vice-ministerial consultative body aimed at strengthening economic cooperation after Brexit. Second Vice Foreign M...
South Korea’s wealthy are picking real estate as their best long-term investment option amid the widespread bearish sentiments, a report released by a major financial group showed on Sept. 29. The r...
Local fintech startup unveils Korea’s first commercial system to rule out naked short selling
Kakao’s financial subsidiaries gear up for 2021 IPOs
Hanwha Asset gains PFM license for mainland China
Woori Financial’s Q3 net profit drops 1.13%
NH NongHyup sets up Myanmar branch
Kakao to raise $300m in Singapore to muster up M&A dry powder
Shinhan Financial, Grab partner on digital finance services in Vietnam
Car sharing startup Socar becomes 12th unicorn in S. Korea
November 01, 2020
