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Structural reform to slow growth of South Korean economy in 2019: Nomura

Structural reform, both intentional and unintentional, in South Korea's key industries and labor market will slow its economy next year, Nomura Financial Investment Co. said Wednesday. The brokerage...

Nov 28, 2018
Economy
[Contribution] Setting the stage for an equity market rebound

By all counts, Hong Kong and China stocks have had a roller-coaster year in 2018. The Hang Seng index, after rallying in January to a record high above 33,000, pulled back more than 25 percent to ju...

Nov 28, 2018
Economy
Korean investments in overseas securities hit record high in Q3

The amount of foreign securities held by major South Korean institutional investors rose to a record high in the third quarter of this year on growing demand for overseas bonds, central bank data sho...

Nov 28, 2018
Economy
Economic measurements should move ‘beyond GDP’: experts

Speakers at 6th OECD World Forum call for alternative measurements of economic well-being

Nov 27, 2018
Economy
Finance minister calls on parliament to approve record budget proposal

South Korea's chief economic policymaker on Tuesday urged parliament to approve a record budget proposal for 2019, stressing that passing it is necessary to help resolve chronic problems, such as the...

Nov 27, 2018
Economy
Korean biz sentiment hits 22-month low for December

Business sentiment in South Korea sank to a 22-month low for December amid flaccid domestic demand and worsening export conditions, a poll showed Tuesday. The business survey index of the nation's t...

Nov 27, 2018
Economy
[Herald Interview] S. Korea should ease up on growth pace, focus on reforms: OECD chief

Gurria calls Seoul to look beyond conventional economic indicators

Nov 27, 2018
Economy
Public accountants grim about biz conditions: poll

A majority of South Korean certified public accountants are gloomy about the country's current business conditions and their outlook for next year due to anemic domestic demand and other negatives, a...

Nov 27, 2018
Economy
Korea's economy to grow 2.6 pct in 2019: KIET

South Korea's economy is expected to grow 2.6 percent in 2019 due to slowing exports and weak domestic demand, a state-run think tank said Monday. The Korea Institute for Industrial Economics & Trad...

Nov 26, 2018
Economy
FTC chief stresses importance of revision to fair trade law

South Korea's corporate watchdog chief said Monday that the revision to the fair trade law is very important for the impartial implementation of the country's antitrust rules. "The revision is very ...

Nov 26, 2018
Economy
Widening income inequality heightens call for policy change

Official data showing a continuous widening of income inequality have strengthened calls on the Moon Jae-in administration to scrap its income-led growth policy. Economists urge President Moon and h...

Nov 26, 2018
Economy
OECD World Forum to take place in Songdo this week

Global leaders, scholars and policymakers from all sectors of society are to gather in Incheon’s Songdo area this week to discuss well-being and inclusive growth, according to the Organization for Ec...

Nov 26, 2018
Economy
Bulk of smaller firms gloomy about sales

More than 7 in 10 small and medium-sized enterprises in South Korea are gloomy about their sales this year due to dwindling demand at home and abroad, a poll showed Monday. According to the survey o...

Nov 26, 2018
Economy
Majority Koreans recognize forests' role in improving life: survey

South Koreans are aware of the benefits of forests and their role in improving quality of life, according to a survey conducted by the National Institute of Forest Science under the Korea Forest Serv...

Nov 25, 2018
Economy
Money continuing to flow into Seoul, Gyeonggi: KIET

South Korea's capital city of Seoul and the neighboring Gyeonggi Province continue to attract money from other parts of the country despite efforts to strive for balanced growth, a report by a state-...

Nov 25, 2018
Economy

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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