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Self-employed biz earnings growth falls to 6-year low in 2017: report

The earnings growth rate for South Korea's self-employed businesses fell to a six-year low in 2017 amid social and economic changes under way in Asia's fourth-largest market, official data showed Sun...

Jun 10, 2018
Economy
10 out of top 30 conglomerates cut number of workers in 2017: report

South Korea's leading business groups scaled back the number of employees on their payrolls in 2017 amid challenging market conditions and restructuring efforts undertaken by some industries, a repor...

Jun 10, 2018
Economy
Finance minister calls for corporate support in job creation, innovative growth

HANAM -- South Korea's top economic policymaker on Friday asked companies to do more to create jobs and spearhead innovative growth in the latest appeal to the business community to join the governme...

Jun 8, 2018
Economy
Finance minister vows actions for income inequality, tones down on wage

Kim tries to win back policy leadership amid recent ‘wage impact’ feud with Blue House

Jun 7, 2018
Economy
NK thaw signals end to export-driven economy: Herald forum

A tectonic shift is unraveling in and around the Korean Peninsula, especially in the wake of rapprochement mood and signs of denuclearization in North Korea, as well as trade war threats in East Asia...

Jun 7, 2018
Economy
Key economic, political events could rock local stock market

Investors are keeping close tabs on various scenarios that could potentially lead to a "June crisis" amid key global market-moving and political events, observers here said Thursday. Increased volat...

Jun 7, 2018
Economy
[Monitor] Disparity in private education spending widens

The amount of private tuition spent by the highest income group in South Korea is 27 times larger than those spent by the lowest income households, latest data by Statistics Korea showed. Private tu...

Jun 5, 2018
Economy
Korea's current account surplus amounts to $1.77b for April

South Korea's current account surplus contracted to a six-year low in April due to a decrease in the goods account and a sharp rise in dividend payouts, but a turnaround in Chinese visitors helped na...

Jun 5, 2018
Economy
Moon's wage hike plan could dampen employment: think tank

KDI report reflects ministry’s concerns on Cheong Wa Dae’s drastic minimum wage hike initiative

Jun 4, 2018
Economy
Korea, Russia to hold economic cooperation meeting this week

SEJONG -- South Korea and Russia will hold a joint committee meeting to discuss ways to further expand cooperation in such areas as the economy and sciences, Seoul's finance ministry said Monday. Du...

Jun 4, 2018
Economy
Korea, Philippines agree on further economic cooperation

SEJONG -- South Korea and the Philippines agreed on Monday to further expand their economic cooperation and work together for an early conclusion of a regional economic trade deal, Seoul's finance mi...

Jun 4, 2018
Economy
Income growth rates for 90 pct of S. Koreans up this year: presidential aide

Income growth rates for 90 percent of South Koreans improved this year, a presidential aide said Sunday, in a move to rebut criticism over recent comments by President Moon Jae-in. Last week, Moon s...

Jun 3, 2018
Economy
[Newsmaker] BOK, ministry dismiss economic skepticism

Key economic offices defend macroeconomic indicators, advocate ‘J-nomics’

Jun 1, 2018
Economy
[Monitor] Growth in Seoul property prices slows

Driven by a slowdown in the growth of apartment prices in Gangnam-gu, the weekly increase rate in apartment prices in 11 districts in southern Seoul declined from the previous week for the first time...

Jun 1, 2018
Economy
S. Korea's consumer prices up 1.5% in May

South Korea's consumer price growth continued to hover above 1 percent in May on a rise in prices of agricultural goods and services, government data showed Friday. The country's consumer price inde...

Jun 1, 2018
Economy

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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