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The Bank of Korea slashed its growth forecast for the economy to 2.2 percent on July 18, citing sluggish demand at home and abroad amid growing trade protectionism and a delayed recovery in the globa...
The Bank of Korea (BOK) slashed its policy rate by a quarter percentage point to 1.50 percent on July 18 in a surprise move to help spur growth amid prolonged trade tensions. The rate cut is the ...
The South Korean government’s solutions announced on July 17 hoping to resolve long-lasting confrontation between cab operators and new mobility platforms appear to appease only one side -- the taxi ...
South Korean lawmakers have submitted several draft resolutions demanding Japan withdraw its recent curbs on hi-tech exports to the neighboring country. Rep. Lee Soo-hyuck and 44 other lawmakers ...
A new law aimed at preventing harassment in the workplace took effect in South Korea on July 16, bringing the widespread but overlooked issue of bullying at work into the legal domain. A revised ...
The Bank of Korea is expected to keep its policy rate intact this month though a rate cut may be inevitable down the road to help boost growth, local experts said in a survey released July 15. In...
Tokyo’s export curbs to negatively impact global economy due to correlated trade structure Japan’s trade surplus in value-added goods and services (TiVA) with South Korea took a downturn during the ...
Foreign direct investments pledged to South Korea in the first half of 2019 nosedived 37 percent on-year as the prolonged trade row between Washington and Beijing weighed on investor sentiment, data ...
South Korea’s exports fell 2.6 percent in the first 10 days of July mainly due to decreased shipments of semiconductors, one of the country’s key items, customs data showed on July 11. The countr...
The top diplomats of South Korea and the United States have held phone talks to discuss Tokyo’s recent export control measure against Seoul and diplomacy for North Korea’s denuclearization, the Forei...
Global rating agency Standard & Poor’s has sharply slashed its growth forecast for South Korea’s economy this year to 2 percent due to rising uncertainty about the global trade outlook and weaker con...
Japan’s tighter regulations on some high-tech exports to South Korea will serve as a new downside risk to the economy, which is already struggling with a US-China trade war, economists said on July 1...
The latest strikes by nonregular workers in the public sector have put the Moon Jae-in government’s labor policy -- including his iconic pledge on minimum wage hikes -- to the test, experts say. ...
South Korea’s jobless rate rose to 4 percent in June from a year earlier, and job additions again exceeded the 200,000 mark, government data showed on July 10. The unemployment rate increased 0.3...
Foreign residents in South Korea who default on state health insurance fees will be required to personally pay for all medical costs, the Health Ministry said on July 9. Under changes made to the...
Doosan Heavy to delist Doosan E&C by March 2020
WeWork Labs announces achievements in South Korea in 2019
Deadline extended for Asiana Airlines stake transfer
Techstars Korea to accept applications for 1st batch through March 2020
Celltrion presents Truxima’s results of phase 3 clinical trials in US forum
LG Chem, GM deal ups ante in EV battery competition
Power market open to private firms, price hike needed for green energy expansion
Foreign investors’ bond holdings hit 6-month low
December 13, 2019
