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N. Korea risk emerged as economic recovery confidence gained speed: BOK chiefEconomyOct 9, 2017The North Korea risk triggered by the country's nuclear and missile provocations emerged as confidence in South Korea's economy started to gain some momentum, the head of the central bank said Monday... -
Construction industry in deepening slumpEconomyOct 9, 2017Korean builders are struggling with deteriorating conditions at home and abroad, raising concerns over the impact of the slumping construction industry on the country’s economy. Local construction o... -
![[Newsmaker] Samsung stock surge a boon to Lee family](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/10/09/20171009000297_0.jpg)
[Newsmaker] Samsung stock surge a boon to Lee familyMarketsOct 9, 2017Common stock under Samsung saw combined 111.5 trillion won gain in asset value this year while awarding 6 trillion won in increased stock wealth to members of Samsung’s owner family -
Korea's growth to hover under 1% range for two quarters: dataEconomyOct 9, 2017Slowdown in South Korea's economic recovery is expected to cause the country's growth rate to hover under 1 percent for the second quarter in a row, forecast data by the government, central bank and ... -
Korean economy in slow expansion stage: budget officeEconomyOct 9, 2017The South Korean economy is currently in an expansionary stage that is notable for being very long and sluggish, the parliamentary budget office said Monday. The report by National Assembly Budget O... -
One in three Koreans in debt as they borrowed by to buy houses: reportEconomyOct 9, 2017One in three South Koreans have borrowed money to buy houses, and they took a greater amount of loans than other debtors, becoming one of the main reasons behind the ballooning household debt in Asia... -
Export of ramyun, beer, dried laver to China surge despite THAAD rowEconomyOct 9, 2017Exports of South Korean ramyun instant noodles, beer and dried laver to China have surged despite the diplomatic row over the deployment of an advanced anti-missile system here, government data showe... -
Number of Korea’s self-employed fourth-highest in OECDEconomyOct 8, 2017The number of self-employed South Koreans who run businesses without any employees is the fourth-largest among the world’s major nations, according to data from the Organization for Economic Cooperat... -
Kona I, AirPlus to offer biometric corporate cardsMarketsOct 8, 2017Korean fintech firm Kona I has partnered with payment services provider AirPlus International to offer cards using biometric authentication technology, according to the firm Sunday. The technology w... -
Kospi rises 5th-fastest among major indices of G-20MarketsOct 8, 2017South Korea’s main bourse index Kospi rose the fifth-fastest among the major indices of Group of 20 economies this year, data compiled by Korea Exchange showed Sunday. The Kospi soared 17.1 percent ... -
Korean chaebol's overseas subsidiaries increase gradually in recent years: reportEconomyOct 8, 2017The number of local subsidiaries established abroad by South Korea's 30 biggest business groups rose gradually in recent years, a report said Sunday, as they actively made inroads into overseas marke... -
Forbes launches French edition to chart 'startup nation'MarketsOct 6, 2017Business magazine Forbes, famous for its annual ranking of the world's wealthiest, is launching a French edition to chart President Emmanuel Macron's progress in turning his country into a "startup n... -
![[News Focus] Securities firms seek new lending rights](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/10/01/20171001000007_0.jpg)
[News Focus] Securities firms seek new lending rightsMarketsOct 6, 2017Financial authorities in South Korea are set this month to grant investment-banking licenses to local equity firms and allow short-term corporate lending, but concerns are emerging as that it might u... -
S. Korea, US agree to begin process to amend FTAEconomyOct 5, 2017South Korea and the United States agreed Wednesday to begin a process to amend their free trade agreement at Washington's request, Seoul's trade ministry said. The agreement was reached during talks... -
Prices of imported food soar over ChuseokEconomyOct 3, 2017Driven by high demand for overseas products during the long Chuseok holiday, the import prices of certain food items soared, according to data compiled by the Korea Customs Service. According to KCS...
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