North Korea loses world judo event because of security risk

The Korea Herald > Business > Economy

[Monitor] Women hired most in restaurants, bars

As of October last year, some 1.11 million women were hired in restaurant businesses, taking up 9.8 percent of the total working women. When adding bars and other beverage outlets, the proportion reac...

Updated : 2017.04.26 16:27

Kospi tops 2,200

South Korea’s stock market stayed bullish, with its benchmark Korea Composite Stock Price Index crossing the 2,200 mark for the first time in six years Wednesday, amid world market rallies and the ea...

Updated : 2017.04.26 16:11

Korea, India agree to avoid double taxation

South Korea's top tax official and his Indian counterpart agreed to avoid double taxation between the two countries, the government said Wednesday.National Tax Service chief Lim Hwan-soo and India's R...

Updated : 2017.04.26 15:51

Private pension savings fall far short of investors' needs in old age

Payouts by private pension savings accounts to investors significantly fell short of needs for post-retirement life, official data showed Wednesday.The average monthly payout by private pension saving...

Updated : 2017.04.26 15:49

Kospi tops 2,200 for first time in 6 years

South Korea’s benchmark Korea Composite Stock Price Index topped 2,200 points, for the first time in six years when it opened Wednesday.The main bourse soared 5.52 points, or 0.25 percent, to reach 2...

Updated : 2017.04.26 10:01

Consumer sentiment for under-40 still frosty

Consumer sentiment had generally improved in April, but it worsened for those under 40, a detailed index from the central bank indicated Wednesday. The Bank of Korea said overall the consumer sentimen...

Updated : 2017.04.26 09:38

[Monitor] More companies have their credit ratings upgraded

The number of companies that had their credit ratings upgraded increased by 76.9 percent last year compared to the previous year. Those that had their credit ratings downgraded, meanwhile, dropped by ...

Updated : 2017.04.25 16:27

Annual AIIB meeting to be held in Jeju on June 16-18

The second annual meeting of the Asian Infrastructure Investment Bank  will be held on South Korea's southern island of Jeju in June, the finance ministry said Tuesday.The meeting of the board of gov...

Updated : 2017.04.25 16:17

Korea's terms of trade worsen in March

South Korea's terms of trade deteriorated slightly in March from a year earlier as a rise in export prices was offset by a hike in import prices, central bank data showed Tuesday.The terms of trade in...

Updated : 2017.04.25 12:50

[Photo News] Gold closed at W46,220 per gram Monday

GOLD SENSITIVE -- An employee arranges gold bars on a table at Korea Gold Exchange in Jongno, Seoul, Monday. The gold price closed at 46,220 won ($40.80) per gram Monday, down 1.2 percent compared to ...

Updated : 2017.04.24 17:22

Korea's consumer confidence still among OECD's worst

(Yonhap)Despite its recovery in the first quarter, South Korea’s Consumer Confidence Index ranked near the bottom among member countries of the Organization for Economic Cooperation and Development, ...

Updated : 2017.04.24 16:27

Hwang reaffirms support for firms tapping into overseas markets

Acting President and Prime Minister Hwang Kyo-ahn on Monday reaffirmed the government's support for local firms seeking to advance into overseas infrastructure markets, stressing their role in creatin...

Updated : 2017.04.24 16:09

[Monitor] Employment inducement from exports hits five-year high

The number of indirect and direct employment induced from South Korean companies‘ exports reached 4.08 million as of last year, a report by the Institute for International Trade at Korea Internationa...

Updated : 2017.04.24 16:05

Koreans face tougher economic situation amid rising unemployment, inflation

South Koreans are suffering from intensified economic difficulties in recent months due mainly to rising consumer prices and the higher jobless rate, government data showed Monday.The country's so-cal...

Updated : 2017.04.24 15:36

US import restrictions on rise with new tools for tariffs

The number of US import restrictions so far this year has already surpassed half of last year's total, a local trade body said Monday, including one against South Korean products.According to the Kore...

Updated : 2017.04.24 15:33