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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 ...
South Korea’s current account balanced turned to black in May, one month after the country posted its first deficit in seven years amid sluggish exports, central bank data showed on July 4. The c...
South Korea has been pushing to inject 1 trillion won ($862 million) per year into the semiconductor materials and parts industry, a ruling party official said on July 3. The plan was unveiled am...
South Korea’s Trade Ministry has started a review of the legal grounds for filing a complaint with the World Trade Organization over Japan’s decision to tighten the rules for exports of semiconductor...
South Korea’s new tax chief vowed July 1 to cut the number of probes into companies to ensure their normal business operations will not be undermined. National Tax Service Commissioner Kim Hyun-j...
South Korea’s exports decreased 13.5 percent in June from a year earlier, extending their on-year fall for the seventh consecutive month, data showed on July 1, due mainly to the prolonged trade row ...
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
