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Korea's current account surplus narrows to $5.93b in March

South Korea's current account surplus narrowed in March from a year earlier due to an increased deficit in the service balance, central bank data showed Thursday. The country's current account surpl...

Updated : 2017.05.04 09:07

Korea's FX reserves up in April

South Korea's foreign exchange reserves rose slightly in April from a month earlier due to a hike in the value of non-dollar currencies when converted into the US greenback, central bank data showed ...

Updated : 2017.05.04 09:05

Trade policies missing from presidential pledges

Conspicuously missing from the five major presidential candidates’ campaign pledges is how they would address increasing external trade pressures on the country, particularly the protectionism pursu...

Updated : 2017.05.03 16:45

Return of 50,000 won notes hits four-year high this year: BOK

The return of high denomination 50,000 won notes hit a four-year high early this year, the Bank of Korea (BOK) said Wednesday. The central bank said it retrieved 4.59 trillion won ($4.06 billion) wo...

Updated : 2017.05.03 15:29

Korea central bank chief to attend global meetings in Japan

The head of Korea's central bank will attend three major policy meetings set to take place in Japan later in the week, the Bank of Korea (BOK) said Wednesday. BOK Gov. Lee Ju-yeol plans to participa...

Updated : 2017.05.03 14:56

S. Korea, China to be affected by THAAD fallout: think tank

South Korea and China will both be hurt economically by the fallout caused by the deployment of the advanced US missile defense system on the Korean Peninsula, a local think tank said Wednesday. Acc...

Updated : 2017.05.03 13:38

Stock prices to hit record levels under new president: market watchers

Korea's incoming president is expected to help push up the country's stock prices to record high levels, local market watchers, citing past trends, said Wednesday. Analysts said the prediction is ba...

Updated : 2017.05.03 10:52

Foreign investors' holdings of Korean stocks hit new high

Offshore investors' holdings of Korean stocks hit an all-time high last week, as the nation's benchmark index has gained on better-than-expected corporate earnings, according to the Korea Exchange on...

Updated : 2017.05.03 10:29

[Graphic News] Korea likely to suffer $17b loss if FTA with US is revised

South Korea’s exports to the United States are expected to suffer losses of as much as $17 billion over five years if the two nations renegotiate their bilateral free trade deal, according to a repo...

Updated : 2017.05.02 18:07

Korea’s trade surplus with US under Trump down 34 percent

South Korea’s trade surplus with the US fell roughly 34 percent on-year in the first four months of 2017, amid the new US administration’s repeated threats to rewrite a bilateral trade deal with Se...

Updated : 2017.05.02 14:54

Korea to ease customs clearance to boost exports

South Korea will simplify customs clearance process to help local exporters do business more easily in a way to give further momentum to the country's exports which seems to have entered an upside cy...

Updated : 2017.05.02 11:51

Korea's consumer prices up 1.9% in April

South Korea's consumer prices continued their rise in April, going up nearly 2 percent amid high-flying oil prices, government data showed Tuesday. The country's consumer price index gained 1.9 perc...

Updated : 2017.05.02 09:38

Retirees happy to be free from job stress, worry about finances: survey

Retirees over 50 years old are most glad that they no longer have to deal with stress from work, but many feel that tight finances are dampening their post-retirement life, a survey said Tuesday. In...

Updated : 2017.05.02 09:34

Public firms' debt ratio falls for 4 straight yrs in 2016

South Korea's state-funded corporations saw their debt ratio decline for four years in a row last year on the back of government-led efforts to improve their balance sheets, the finance ministry said...

Updated : 2017.05.01 16:55

[Photo News] Every day is Children's Day

EVERY DAY IS CHILDREN’S DAY -- A boy picks toys at a local market in Jongno-gu, central Seoul, Monday, ahead of the annual Children’s Day that falls on May 5. (Yonhap)

Updated : 2017.05.01 15:48