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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
Economy
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
Economy
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
Economy
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
Economy
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
Economy
[News Focus] 2019 jobless rates exceed levels during decade-old crisis

SEJONG -- An election campaign pledge of President Moon Jae-in early 2017 was to create 1.31 million jobs -- 500,000 in the private sector and 810,000 in the public sector. At that time, he criticiz...

Jun 27, 2019
Economy
S. Korea to inject W70tr to foster underdeveloped service sector

Fiscal chief vows to raise tax refund ceiling, speed up theme park project for tourism, logistics

Jun 26, 2019
Economy
BOK chief takes prudence over ‘rate cut’ possibility

Monetary policymaker remains defensive against ‘July easing’ scenario amid lingering uncertainties

Jun 25, 2019
Economy
[News Focus] Korea’s agricultural products to tap America after Paris

SEJONG -- South Korea is sparing no efforts to promote its agricultural products globally, including Korean traditional dishes, beverages and alcoholic drinks. According to the Ministry of Agricultu...

Jun 25, 2019
Economy
Average age of first-time homebuyers climbs in heated market

Koreans purchase first home at average age of 43.3

Jun 24, 2019
Economy
S. Korea tipped to cut 2019 growth target next month

South Korea's finance ministry is expected to slightly cut its growth estimate for the year in the face of a delayed recovery in chip prices and the escalating trade dispute between the United States...

Jun 23, 2019
Economy
S. Korea's ICT exports down for 7th straight month in May

South Korean exports of information and communication technology products fell for the seventh straight month in May on weak demand for semiconductors, mobile phones and displays, data showed Friday....

Jun 21, 2019
Economy
Hyundai, Kia top J.D. Power's annual quality survey

South Korean carmakers Hyundai Motor and Kia Motors said Thursday they have garnered the three highest marks in J.D. Power’s annual automotive quality survey. The companies said they expected the ac...

Jun 20, 2019
Economy
[News Focus] Korea’s 2019 growth may fall to 10-year low

SEJONG -- Two major economic indices under the Moon Jae-in administration have plumbed to new lows since the nation was hit by the 2008-09 global financial crisis. Those are the growth of gross dome...

Jun 20, 2019
Economy
S. Korea’s largest bills dominate cash market: BOK

50,000 won bills increase presence in market, both in value and in volume

Jun 19, 2019
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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