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S. Korean stocks open lower on tech losses

South Korean stocks opened lower Friday as investors waited to see clues for the future direction of US rates. The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.15 points, or 0.37 perce...

Aug 23, 2019
Economy
[News Focus] Korea marks 20th anniversary of FTA talks across globe

SEJONG -- It has been two decades since South Korea took its first steps into the free trade market, seeking bilateral deals with major world economies in hopes of enjoying tariff benefits. Since la...

Aug 22, 2019
Economy
S. Korea strikes FTA with Israel

South Korea has struck a free trade deal with Israel as part of efforts to strengthen economic ties with the Middle Eastern country and cope with the growing protectionism around the globe, Seoul’s T...

Aug 21, 2019
Economy
Top 3 memory chip makers' sales fall over 30% in H1

The world's big three memory chip makers saw their revenues decline over 30 percent in the first half of the year due to weak demand and steep price declines following a two-year boom, a report said ...

Aug 21, 2019
Economy
Signs of global recession haunt S. Korean economy

A shadow of global recession looms over key economies as major markets have been dealing with some of their worst days in recent weeks. This is sparking concerns that chances of recession may also be...

Aug 18, 2019
Economy
Thavma thrives on patriotic marketing

Amid the ongoing boycott of Japanese products in the midst of the South Korea-Japan trade row, a Korean brand is gaining recognition for its “Yes. We are a Korean brand” campaign. Thavma, a luxury b...

Aug 18, 2019
Economy
Samsung Electronics accounts for 20% of S. Korea's exports in H1

Samsung Electronics Co. was responsible for 20 percent of South Korea's total exports in the first half of this year, showing its heavy influence on the national economy, its financial report showed ...

Aug 18, 2019
Economy
S. Korea voices willingness to talk with Japan over its 'whitelist' move

South Korea has notified Japan in advance of its plan to remove Tokyo from its list of trusted trading partners and is willing to talk with Japan further if needed, the trade minister said Saturday. ...

Aug 17, 2019
Economy
[Weekender] The life and death of Korean won

South Korean banknotes and coins begin life at a factory in Gyeongsan, just outside Daegu. They are then transported to the Bank of Korea’s vault in Seoul, heavily guarded by armed security officers,...

Aug 16, 2019
Economy
S. Korea begins process of excluding Japan from whitelist

Trade Ministry posts notice on reclassification of trade partners which is likely to take effect in September

Aug 14, 2019
Economy
[Monitor] New jobs hit 18-month high in July in Korea

The number of jobs added reached the highest level in 18 months in July, attributable to a rise in employment in the health care, food and leisure-related industries, data from Statistics Korea showe...

Aug 14, 2019
Economy
[Anniversary Special] ‘Japan’s export curbs hint at changing Seoul-Tokyo trade model’

Experts decode 54 years of trade ties with Japan, highlighting how South Korea’s economic growth is affecting the dynamics from vertical to horizontal

Aug 14, 2019
Economy
Seoul eyes massive spending for infrastructure to revitalize economy

Seoul eyes massive spending for infrastructure to revitalize economy South Korea's finance minister said Wednesday the government plans to spend a whopping 16.5 trillion won ($13.5 billion) on socia...

Aug 14, 2019
Economy
Job additions hit 18-month high in July

The number of new jobs in South Korea rose to their highest in 18 months in July on the back of a rise in employment in the health care, food and leisure-related sectors, with the jobless rate up sli...

Aug 14, 2019
Economy
Jobless rate reaches 3.9% in June, 299,000 jobs created

South Korea's jobless rate reached 3.9 percent in July despite nearly 300,000 new jobs added, government data showed Wednesday. The unemployment rate increased 0.2 percentage point from the same mon...

Aug 14, 2019
Economy

The Korea Herald by Herald Corporation

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