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Korea could file suit with WTO against US protectionist measures: minister nomineeEconomyJul 17, 2017South Korea's trade minister nominee said Monday that he does not rule out the possibility of filing a complaint with the World Trade Organization (WTO) over US protectionist measures. Paik Un-gyu s...
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FSC nominee defends approval of K bankMarketsJul 17, 2017Financial Services Commission Chairman nominee Choi Jong-ku on Monday denied allegations that the regulator gave a preliminary endorsement for the license of K bank, the nation’s first internet-only ... -
Korea’s growth potential plummetingEconomyJul 17, 2017Bank of Korea’s upward revision last week of its 2017 growth forecast for the Korean economy was overshadowed by its gloomier estimate of the growth potential of Asia’s fourth-largest economy. The c... -
Seoul stocks at another historic high, Samsung affiliates lead gainsMarketsJul 17, 2017South Korean stocks ended at a fresh record high Monday taking a cue from gains on Wall Street last week. The won rose against the US dollar. The benchmark Korea Composite Stock Price Index rose 10.... -
![[Monitor] Korea’s new power supply plan amibitious](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/07/17/20170717000975_0.jpg)
[Monitor] Korea’s new power supply plan amibitiousEconomyJul 17, 2017According to a report on the new government’s new energy supply plan submitted to Rep. Choi Yeon-hye of the Liberty Korea Party, Korea’s target is similar to those of major countries and regions. But... -
Semiconductor export prices hit 30-month highEconomyJul 17, 2017Korea’s export price index of semiconductors hit 48.79 last month, reaching the highest in more than two years, according to the Bank of Korea on Monday. Last month’s price index of semiconductors ... -
Seoulites’ daily work commute exceeds 2 hoursEconomyJul 17, 2017It takes the average Korean worker more than 100 minutes to commute to and from work every day, according to data from Job Korea, an internet employment site, on Monday. For Seoul residents, the ave... -
Seoul stocks open higher on US gainsMarketsJul 17, 2017South Korean stocks opened higher Monday tracking gains on Wall Street, with investors waiting for second-quarter earnings results from big companies due out later this month. The benchmark Korea Co... -
Stock trading via smartphones sees sharp riseMarketsJul 17, 2017Stock trading via smartphones accounted for an average 34.48 percent of daily trading on the secondary KOSDAQ market during the first half of this year, the nation's bourse operator said Monday. In ... -
FSC nominee talks easing online banking ownership lawsMarketsJul 16, 2017A nominee for the nation’s financial watchdog on Sunday addressed the need to ease ownership regulations on non-financial entities in the banking sector to promote additional launches of internet-onl... -
Data indicate tariff elimination doesn't account for increased Korean car exports to USEconomyJul 16, 2017South Korea's car exports to the United States have declined, rather than increased, after the two countries abolished import taxes last year as part of their free trade agreement, data showed Sunday... -
BOK eyes slowdown in 2018 facility investmentEconomyJul 16, 2017Growth of South Korea's corporate capital expenditures is expected to lose steam sharply in 2018 due to this year's big investments by major companies, the central bank said Sunday. Corporate invest... -
Retailer confidence remains weak for Q3EconomyJul 16, 2017A majority of South Korean retailers remain downbeat on their business conditions in the third quarter amid concerns over weak domestic demand and high household debt, a poll showed Sunday. The Kore... -
Finance minister vows measures for small businesses over minimum wage hikeEconomyJul 16, 2017South Korea's top economic policy chief said Sunday the government will promptly come up with measures to relieve smaller businesses of the burden from a decision to hike the minimum wage for next ye... -
Value of overseas investment funds soars over past yearMarketsJul 16, 2017The value of South Korea's overseas investment funds has jumped more than 40 percent over the past year as big-time investors look overseas for high returns despite the recent bull of the domestic st...
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