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S. Korea to hold 2nd round of talks on revising FTA with Chile

South Korea's trade ministry said Wednesday it will hold the second round of negotiations with Chile on revising their bilateral free trade agreement that went into effect in 2004. The two-day talks...

Jul 3, 2019
S. Korea lowers growth forecast to 2.4-2.5%

South Korea’s government on Wednesday revised the growth rate forecast for this year to 2.4-2.5 percent, down 0.2 percentage point from its earlier figure, amid sluggish exports and investments. It ...

Jul 3, 2019
Hanwha partners with Indian tech giant for collaborative robots

Hanwha Precision Machinery, the robot manufacturing unit of Hanwha Group, said Tuesday the company signed a contract with Wipro, India’s largest information technology business, to work together on d...

Jul 2, 2019
Consumer price growth stays stagnant for 6th month

South Korea’s consumer price growth remained below the 1 percent mark in June, reflecting the slow growth in service charges and global oil price trend, government data showed Tuesday. The consumer ...

Jul 2, 2019
S. Korea's exports down 13.5% in June amid US-China trade row

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 Monday, due mainly to the prolonged trade row bet...

Jul 1, 2019
Trump calls on Korean business leaders to invest more in US

US President highlights 100 percent tax deduction for capital investments by businesses, elimination of job-killing regulations

Jun 30, 2019
'Back on track': Trump, Xi agree to resume trade talks

OSAKA, Japan (AFP) -- US President Donald Trump said trade negotiations with China were "back on track" after "excellent" talks Saturday with his Chinese counterpart Xi Jinping in which Washington re...

Jun 29, 2019
China, US agree at Xi-Trump meeting to restart trade talks: Xinhua

BEIJING (AFP) -- Chinese President Xi Jinping and US President Donald Trump agreed on Saturday to restart fractious China-US trade negotiations, with Beijing saying Washington agreed not to slap new ...

Jun 29, 2019
Trump says meeting with Xi was 'excellent'

OSAKA, Japan (AFP) -- US President Donald Trump said Saturday his high-stakes trade meeting with China's President Xi Jinping was "excellent" with negotiations now "back on track". US President Don...

Jun 29, 2019
Trump tells China's Xi open to 'historic' trade deal

OSAKA, Japan (AFP) -- Washington is open to a "historic" trade deal with China, President Donald Trump said Saturday as he met President Xi Jinping, who called for "cooperation and dialogue". "It wo...

Jun 29, 2019
Seoul stocks end lower ahead of Trump-Xi meeting

South Korean shares ended lower Friday as investors remained cautious ahead of the US-China trade talks Saturday that could provide a pivotal cue for markets. The Korean won rose against the US dolla...

Jun 28, 2019
S. Korea, ASEAN to launch science center for cooperation

South Korea and ASEAN have agreed to establish a center for science and technology partnership to promote exchanges and policy sharing programs, the Ministry of Science and ICT said Friday. Science ...

Jun 28, 2019
State pension fund logs 6.81% return rate through April

South Korea's state pension fund posted a return rate of 6.81 percent in the first four months of 2019 on the back of solid performances in domestic and foreign stock markets, the fund's operator sa...

Jun 28, 2019
Bank lending rates drop in May

The average lending rate for fresh loans extended by banks dropped in May from a month earlier on a large dip in the rates for businesses that more than offset a slight increase in rates for househol...

Jun 28, 2019
Korea seeks stronger ties with young, fast-growing economies of Southeast Asia

South Korea is deepening ties with Southeast Asia in hopes of creating new growth engines in the region’s young, fast-growing economies and seeking a breakthrough amid growing uncertainties in global...

Jun 27, 2019

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