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Asian trade ministers to meet in Korea in Oct. for regional FTA

INCHEON -- Trade ministers of 16 regional countries, including India and China, will meet in South Korea next month to discuss a regional mega free trade agreement, the Incheon Metropolitan City said...

Sept 10, 2017
Economy
Korea's agricultural exports drop amid THAAD row

Exports of South Korea's agricultural goods to China fell this year as diplomatic rows with its biggest trading partner deepen, a local agricultural agency said Sunday. The value of agricultural exp...

Sept 10, 2017
Economy
Korea's top 1% rich own 6.5 homes on average: data

South Korea's super rich, who make up the top 1 percent of the population, own on average 6.5 homes, while half of the people don't own their own houses, government data showed Sunday. The findings ...

Sept 10, 2017
Economy
S. Korea's central bank chief heads to Switzerland for BIS meeting

South Korea's central bank chief has left for Switzerland to attend a meeting of the Bank for International Settlements, the Bank of Korea (BOK) said Friday. BOK Gov. Lee Ju-yeol also plans to discu...

Sept 8, 2017
Economy
Lagarde expects S. Korea's stable growth despite N. Korea risks

International Monetary Fund chief Christine Lagarde expected Friday South Korea's economy will continue to grow stably despite security risks stemming from North Korea, the foreign minister here said...

Sept 8, 2017
Economy
German investors in Korea voice concerns over new labor policies

A number of German investors in Korea have voiced skepticism regarding the new Moon Jae-in administration’s income-led growth economic policies, and to what extent it will lead to increased labor pr...

Sept 8, 2017
Economy
US lawmakers urge Trump to keep S. Korea trade agreement

A bipartisan group of American lawmakers Thursday urged President Donald Trump to keep the US free trade agreement with South Korea amid a deepening security crisis on the Korean Peninsula. In a let...

Sept 8, 2017
Economy
Boosting female workforce is solution to aging society problems: IMF chief

Christine Lagarde, managing director of the International Monetary Fund, on Thursday asserted that the most effective solution to Asia’s aging population and consequent productivity decline is to boo...

Sept 7, 2017
Economy
White House denies Trump’s claim of KORUS FTA withdrawal

Washington appears to be retracting US President Donald Trump’s claims that the US is looking to terminate the Korea-US Free Trade Agreement, said a report by Inside US Trade on Thursday. According...

Sept 7, 2017
Economy
People paying maximum healthcare premiums rise steadily in past years: data

The number of salaried people paying the maximum amount of national health insurance premiums has risen gradually over the past few years amid a steady increase in high income earners, government dat...

Sept 7, 2017
Economy
Chuseok holiday to have mixed effect on S. Korean economy: experts

The 10-day holiday starting late September will likely have mixed effects on South Korea's economy struggling to cope with trade sanctions imposed by China over a missile row, growing protectionism f...

Sept 7, 2017
Economy
US not planning to withdraw from S. Korea trade deal for now: report

The United States does not plan to withdraw from its free trade agreement with South Korea for now, a report quoted sources as saying Wednesday. According to Inside US Trade, the White House assured...

Sept 7, 2017
Economy
Korea’s fiscal soundness on shaky ground

Doubts are rising over the government’s assertion that the country’s fiscal soundness can be maintained even if public spending increases at a faster pace than economic growth during President Moon J...

Sept 6, 2017
Economy
[Monitor] Income gap between single-, doouble-income households narrows

The income gap between single-income and double-income households for the second quarter this year decreased to the narrowest level since the fourth quarter of 2015, data from Statistics Korea showed...

Sept 6, 2017
Economy
Tax-to-GDP ratio needs to top 35% by 2060 to meet growing welfare programs: report

South Korea's tax-to-GDP ratio needs to surpass the 35 percent mark by 2060 to meet the government's social welfare-related spending plan, a local think tank said Wednesday. The report by the Korea ...

Sept 6, 2017
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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