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Seoul stocks turn lower on profit taking late Monday morningMarketsOct 23, 2017South Korean stocks turned lower Monday morning after a brief rise, as institutions dumped stocks on profit taking. The benchmark Korea Composite Stock Price Index fell 2.00 points, or 0.08 percent,... -
Moon to hold meeting with labor leaders this weekEconomyOct 23, 2017President Moon Jae-in is scheduled to hold a meeting with officials and leaders from top labor organizations this week, an official from the presidential office Cheong Wa Dae said Monday. The meetin... -
Trade ministers in Asia-Pacific to gather for RCEP talksEconomyOct 23, 2017Trade ministers of 16 countries in the Asia-Pacific region will gather in South Korea this week to discuss the Regional Comprehensive Economic Partnership, the trade ministry said Monday. RCEP is in... -
Manufacturers’ debt repayment ability improves in recent years: KSEEconomyOct 23, 2017South Korea's manufacturing firms have improved their ability to repay short-term debt with the cash inflow from their operations in recent years, data showed Monday, despite Asia's fourth largest ec... -
Stocks open higher on foreign buyingMarketsOct 23, 2017South Korean stocks opened higher Monday as foreigners scooped up technology stocks. The won fell against the dollar. The benchmark Korea Composite Stock Price Index climbed 2.25 points, or 0.09 per... -
Default rates rising for P2P lendingsMarketsOct 23, 2017Default rates for peer-to-peer loans have risen at an alarming rate, nearly tripling in September from a month earlier, market sources said Monday. According to Korea P2P Finance Association, aggreg... -
Korea's economy to grow 2.8% in 2017: think tankEconomyOct 22, 2017South Korea's economy is expected to grow 2.8 percent this year due to a weakening in business investment, a non-governmental think tank said Sunday. The Korea Economic Research Institute said it is... -
![[Monitor] Income gap widening among professional jobs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/10/22/20171022000184_0.jpg)
[Monitor] Income gap widening among professional jobsEconomyOct 22, 2017Nearly 15 percent of professionals working as individual businesses made less than 2 million won ($1,765), or one-tenth of an average of income in these traditionally highly paid professions, suggest... -
China denies THAAD retaliation against Korea: WTO reportEconomyOct 22, 2017Trade representatives of China denied the existence of trade-restrictive measures in tourism and distribution services against South Korean companies, despite the United States and Japan voicing supp... -
Stock rally adds more to stock-rich list: dataMarketsOct 22, 2017The number of stock-rich persons with their stock holdings valued at 1 trillion won ($883 million) or more rose to the highest ever as the local stock market continued to renew its all-time highs on ... -
Seoul to take fresh measures to curb household debtEconomyOct 22, 2017South Korea is set to unveil another set of measures this week, the third of its kind, aimed at curbing rising household debts amid expectations that the central bank would raise its key rate in the ... -
Govt. buys 370,000 tons of rice to stabilize market priceEconomyOct 22, 2017The government has started to buy up 370,000 tons of rice harvested this year to stabilize domestic prices of the staple grain, the agriculture ministry said Sunday. It said regional governments hav... -
Govt. sets up committee to review policy goalsEconomyOct 22, 2017The government said Sunday it will set up a committee comprised of experts to review President Moon Jae-in's industrial technology-related state affairs and policy goals. Earlier, the Moon administr... -
Bourse operator to decide on Daewoo Shipuilding stock trading this weekMarketsOct 22, 2017South Korea's bourse operator is set to decide this week on whether to allow the resumption of trading of Daewoo Shipbuilding & Marine Engineering Co. on the local stock market, industry sources said... -
Income gap growing among professional jobsEconomyOct 22, 2017Professionals in jobs that traditionally enjoyed high pay like lawyers and accountants earned an average of 230.8 million won ($203,796) per individual last year but close to 15 percent of the people...
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