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Mirae Asset operates quarter of Korea's private pension fundMarketsDec 25, 2017Mirae Asset Global Investment was managing over 300 private or retirement pension funds worth a combined 5.02 trillion won ($4.65 billion) as of November, a quarter of the domestic market, according ... -
Korea's economy may achieve 3% growth in 2018: pollEconomyDec 25, 2017South Korea's economy may be able to pull off 3 percent growth in 2018, although numbers may dip slightly from this year, a poll conducted on head of local think tanks predicted Monday. The six rese... -
Monetary tightening to pose major challenge for S. Korea in 2018: expertsMarketsDec 25, 2017South Korea's six major economic institutes on Monday picked the global monetary policy tightening cycle as the biggest challenge for the economy next year. In Yonhap News Agency's poll of the heads... -
Growth of household financial assets hits record lowEconomyDec 24, 2017Growth of South Korean households’ financial assets reached an all-time low this year amid prolonged low interest rates, government data showed Sunday. The average financial assets of local househ... -
KOSPI forecast to stage new-year rallyMarketsDec 24, 2017South Korea‘s benchmark stock index is widely expected to stage a rally at the start of the new year following a recent downturn sparked by massive foreign selling, sources said Sunday. Foreign inv... -
Heads of major banks eye 3 pct growth for 2018: pollEconomyDec 24, 2017The chiefs of South Korea‘s major commercial banks expect the economy to expand around 3 percent on-year in 2018 on brisk exports and a recovery in consumer spending, a poll showed Sunday. In writt... -
Finance minister cautiously upbeat about 2018 economic growthEconomyDec 22, 2017South Korea's chief economic policymaker has said the South Korean economy will see solid growth in 2018, but there are still headwinds. "The global economy is expected to remain strong, but at the ... -
Govt. to promote production, use of ultra-small carsEconomyDec 22, 2017The government said Friday it will push legislation early next year to promote the production and use of supermini vehicles as a means of saving energy. Ultra-small vehicles will include those with ... -
Watchdog probes banks' alleged hiring irregularitiesMarketsDec 22, 2017South Korea's financial watchdog has started an inquiry into allegations that some banks gave special favors to some job candidates related to senior executives, sources said Friday. The Financial S... -
Cryptocurrency fuels ‘irrational exuberance’: BOK Gov.MarketsDec 21, 2017South Korea‘s top monetary policymaker expressed concerns on what he called the nation’s “irrational exuberance” that may partly be blamed on the cryptocurrency frenzy among local retail investors, d... -
Korean household owes more than W70m in debt: dataEconomyDec 21, 2017One South Korean household owes more than 70 million won ($65,000) on average to banks and other financial companies this year as people borrowed to buy homes and invest in real estate and business a... -
Korea likely to grow closer to its potential growth rate in 2018: BOK chiefEconomyDec 21, 2017South Korea's central bank chief said Thursday that Asia's fourth-largest economy is expected to pull off growth close to its potential economic growth rate based on favorable global trade conditions... -
Korea to unveil financial deregulation in Q1 next yearMarketsDec 21, 2017South Korea will unveil a package of measures during the first quarter of next year on financial regulatory reforms that would lower entry barriers for new players and boost competition in the local ... -
Govt., ruling party seek measures to ensure fair transactions between big and small firmsEconomyDec 21, 2017The government and ruling Democratic Party agreed Thursday to seek a package of measures to ensure fair transactions among large and smaller companies, including bolstering negotiating power for subc... -
Record number of job quitters remain unemployedEconomyDec 21, 2017A record number of South Koreans who quit their jobs more than a year ago remained unemployed in November amid a severe job crunch, government data showed Thursday. According to the data from Statis...
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01[Breaking] Samsung Chairman Lee Kun-hee dies at 78
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03Sunday’s new COVID-19 cases dip to 61 on fewer tests
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Lee Jae-yong's 'New Samsung' era ushered in04
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05New virus cases fall below 100 amid cluster infections
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S. Korea finds no evidence of flu vaccine’s role in reported deaths06
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07S. Korea to continue flu vaccination program as no direct links with deaths found
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09'Samsung Empire' architect Lee's feats well deserved, but tarnished by political scandal
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