North Korea loses world judo event because of security risk

The Korea Herald > Business > Economy

Korea’s direct investment shoots up in US, slows in China

South Korea’s direct investment in the US shot up in 2016 but that in China increased at a slower pace during the same period, industry data showed Monday. According to data by the Export-Import Ba...

Updated : 2017.04.24 14:58

[Election 2017] How will presidential candidates create jobs?

The following is the second in a series of articles breaking down the presidential candidates’ major economic pledges in a simulated question-and-answer format by gathering their answers from their ...

Updated : 2017.04.24 14:57

SMEs concerned by populist labor pledges

Many small and medium-sized enterprises in the country worry their business will be stifled by populist labor pledges presidential candidates have competitively put forward ahead of the May 9 electio...

Updated : 2017.04.24 13:09

Income of farming, fishing households grows in 2016

The average annual income of South Korea's farming and fishing households gained slightly in 2016 from a year earlier, a government report showed Monday. The income of farming households reached an ...

Updated : 2017.04.24 13:01

Korea's finance minister vows efforts for economic recovery

South Korea's finance minister pledged on Saturday (local time) to step up policy efforts to help Asia's fourth-largest economy gather upward momentum in the midst of a global recovery. In a meeting...

Updated : 2017.04.23 16:54

World economy enters upside cycle, gives chance to Korea: think tank

A local think tank said Sunday the world economy is in a clear upside mode led by recovering advanced economies, giving an opportunity to export-dependent South Korea. The Hyundai Research Institute...

Updated : 2017.04.23 16:03

Jobless college graduates surpass 500,000 in Q1

The number of unemployed people with a bachelor's degree in South Korea surpassed 500,000 in the first quarter for the first time amid the tightened job market for young adults, government data showe...

Updated : 2017.04.23 16:02

Hwang renews commitment to fostering growth engines, new industries

Acting President and Prime Minister Hwang Kyo-ahn on Friday reiterated the government's commitment to fostering growth engines and new industries to stay ahead in intensifying global competition. Hw...

Updated : 2017.04.21 16:27

Korea to impose anti-dumping duties on Vietnamese, Indian, Ukraine ferroalloy

South Korea is set to impose anti-dumping duties on ferroalloy imported from Vietnam, India and Ukraine, the trade commission here said Friday. After a preliminary examination, the Korea Trade Commi...

Updated : 2017.04.21 14:52

Korea's exports soar 28.4% in first 20 days of April

South Korea's exports jumped 28.4 percent in the first 20 days of April from a year earlier on robust overseas demand for semiconductors and cars, customs data showed Friday. Total outbound shipment...

Updated : 2017.04.21 09:59

[Monitor] More people move out of Seoul than move in

More people moved out of Seoul and the surrounding metropolitan area than those who moved in for the first time since the relevant tally was gathered in 1971, Statistics Korea said Thursday. The num...

Updated : 2017.04.20 15:47

Korea's household debt growth slows in Q1

South Korea's household debt growth, already the highest among emerging markets, increased at a slower pace in the first quarter of this year, thanks to government measures to curb lending, the natio...

Updated : 2017.04.20 15:00

Korea's exports of cosmetics jump 32.1% in Q1

South Korea's exports of cosmetics continued their upside mode in the first three months of the year on strong global demand, the latest customs data showed Thursday. Outbound shipments of South Kor...

Updated : 2017.04.20 10:00

[Monitor] International Monetary Fund upgrades Korea’s 2017 growth forecast to 2.7%

The International Monetary Fund raised its forecast for South Korea’s economic growth this year to 2.7 percent, driven by signs of a turnaround in the global economy. The latest forecast is up 0.1 ...

Updated : 2017.04.19 16:03

Korea's finance minister to attend G-20, IMF meetings

South Korea's finance minister will attend international meetings of the world's top economic policymakers later this week to discuss ways to improve international policy coordination, his office in ...

Updated : 2017.04.19 15:29