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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...
South Korea maintained its position at 12th in the global gross domestic product rankings last year, the World Bank said on July 7. In 2018, Korea posted $1.619 trillion in terms of nominal GDP, ...
Global rating agency Moody’s Investors Service said on July 8 that it is maintaining its rating on South Korea at Aa2 with a stable rating outlook. Moody’s rating for Asia’s fourth largest econom...
South Korea’s finance minister on July 8 pressed Japan to withdraw its export restrictions on key semiconductor materials as the Japanese move could have a negative impact on the global economy. ...
The total assets under management by South Korea’s state pension fund exceeded the 700 trillion won ($596 billion) mark for the first time three decades after its launch, data showed on July 8. T...
Solar energy is among the keys in the Moon Jae-in administration’s push for renewable energy in response to concerns about life-threatening air pollution and demand for cleaner and safer energy. In...
South Korea ranked 12th out of 205 countries in terms of gross domestic product in 2018, maintaining its spot from a year earlier, the World Bank said Sunday. The country‘s gross national income, o...
The South Korean government has embarked on a 160 billion won ($136 million) project to develop disruptive technologies, including technologies to produce electric vehicles capable of traveling more...
South Korea’s financial regulator said on July 7 it will launch a task force later this month to handle lawsuits filed by global investors, such as US private equity fund Lone Star. The task force,...
Digital transformation has become a buzzword for various industrial sectors around the world – and South Korea is no exception. Ranging from tech giants to small factories, companies here are scrambl...
South Korea’s finance minister warned July 4 of “corresponding measures” against Japan’s move restricting key supplies for the nation’s semiconductor and display industries, in a major escalation of ...
Tada executives acquitted
Investment firms act to reap windfalls from ‘Parasite’ boom
[From the Scene] Galaxy S20, Z Flip attract aspiring tech leaders in Silicon Valley
FTC to report Naver chairman to prosecutors for violating antitrust laws
Woori Bank merges two Cambodian subsidiaries
LG Chem gets default win in US ITC suit after SK Innovation’s contempt of court
NH Nonghyup holds 2nd demo day
Why investor Jim Rogers remains optimistic about inter-Korean business
February 23, 2020
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