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S. Korea speeds up efforts to file compliant with WTO on Japan's export curbs

The South Korean government is speeding up preparations to file a complaint with the World Trade Organization as Japan is moving to remove Asia's fourth-largest economy from its "whitelist" of truste...

Jul 28, 2019
Economy
Daily trading volume on main bourse hits lowest in 30 months

The daily average trading volume at South Korea's main bourse reached the lowest level in 30 months in July, data showed Sunday, as investors' sentiment was hurt by the global trade disputes. As of ...

Jul 28, 2019
Economy
S. Korea to double fund for restructuring of SMEs

South Korea's financial regulator said Friday it will double the size of funds to restructure struggling small and medium-sized enterprises this year, as part of its drive for "market-oriented" corpo...

Jul 26, 2019
Economy
Consumer sentiment dips to 8-month low in July

South Korea's consumer sentiment reached the lowest level in eight months in July, central bank data showed Friday, amid growing concerns that Asia's fourth-largest economy could lose more growth mom...

Jul 26, 2019
Economy
Korea to raise tax credit rate for corporate facility investments, R&D

The South Korean government announced Thursday that it plans to raise the tax credit rate for corporate facility investment and research and development in an effort to stimulate the economy by lifti...

Jul 25, 2019
Economy
Homeplus announces expansion of specialized stores, online biz

South Korea’s discount chain Homeplus on Thursday raised the stakes in the competitive retail market here by announcing its full-fledged expansion of specialized branches and online business. During...

Jul 25, 2019
Economy
Korean economy bounces back in Q2, but outlook still murky

The South Korean economy is estimated to have expanded 1.1 percent in the second quarter, a dramatic turnaround from an unexpected contraction the previous quarter, partly afforded by increased gover...

Jul 25, 2019
Economy
KFS endeavors to create more urban forests in fight against fine dust

Amid growing concerns about worsening fine dust, the Korea Forest Service is making efforts to provide more green spaces by creating forests in cities as part of measures to tackle the environmental ...

Jul 24, 2019
Economy
‘Seoul’s office building market boom will peak next year’

Yeouido sees fall in vacancy rate amid slow supply of A-list offices: Cushman & Wakefield

Jul 24, 2019
Economy
BOK chief hints at additional cut of growth outlook amid Japan factor

Bank of Korea Gov. Lee Ju-yeol said Tuesday that the central bank could consider an additional cut of the country’s growth outlook for this year, should the ongoing trade tensions with neighboring Ja...

Jul 23, 2019
Economy
S. Korea gears up for financial market contingency plan amid Japan factor

In response to the escalating economic conflict between South Korea and Japan, financial authorities here are establishing a contingency plan in case Tokyo expands its trade restrictions to the finan...

Jul 22, 2019
Economy
Korea's exports set to decline for 8th straight month in July

South Korea's exports are likely to extend their slump to an eighth month in July, driven by a decline in outbound shipments of semiconductors and petrochemical goods, data showed on Monday. The cou...

Jul 22, 2019
Economy
Investors pour money into short-term vehicles amid low rates, uncertainty

Investors have increasingly shifted their money to short-term financial instruments, such as money market funds, amid low interest rates and growing economic uncertainties, data showed Sunday. Money...

Jul 21, 2019
Economy
Q2 economic growth estimated at around 1%

South Korea's quarterly economic growth is estimated at 1 percent for the second quarter of the year, shifting from a contraction of 0.4 percent the previous quarter, financial industry sources said ...

Jul 21, 2019
Economy
S. Korea cuts growth outlook to 2.2%, key rate to 1.5% amid uncertainties

Japan’s export curbs had impact on drastic lowering of outlook: BOK chief

Jul 18, 2019
Economy

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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