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S. Korea proposes largest-ever extra budget to battle pandemicJun 3, 2020SEJONG -- South Korea on Wednesday proposed another extra budget plan worth 35.3 trillion won ($29 billion) that will help key industries cushion the economic blow from the coronavirus pandemic and p... -
S. Korea’s GDP shrinks by 1.3% amid falling per capita incomeJun 2, 2020South Korea’s real gross domestic product shrank 1.3 percent on-quarter in the first quarter of this year, nearly missing its previous forecast of 1.4 percent, data from the Bank of Korea showed Tues... -
Korea faces first dip in annual inflation in 8 monthsJun 2, 2020Inflation rate falls below zero over COVID-19 crisis, low global oil prices -
S. Korea's corporate loans rise at over decade high rate in Q1Jun 2, 2020Loans extended to companies in South Korea jumped at the fastest rate in more than 10 years in the first quarter, central bank data showed Tuesday, apparently on a rise in demand from businesses hit ... -
Pork price on rise amid pandemicJun 2, 2020The price of pork increased in May from a year earlier as a growing number of people preferred preparing meals at home amid the new coronavirus pandemic, data showed Tuesday. The average wholesale p... -
S. Korea, Australia to broaden ties in green energy segmentJun 2, 2020South Korea and Australia agreed Tuesday to beef up cooperation in the energy segment to continue to expand the use of environment friendly resources despite the rising uncertainties stemming from th... -
Korea's inflation dips 0.3% in May, first fall in 8 monthsJun 2, 2020SEJONG -- South Korea's consumer prices fell 0.3 percent on-year in May due mainly to a fall in oil prices and the coronavirus pandemic, marking the first annual decline in eight months, data showed ... -
Korea's Q1 growth revised up, but further contraction in store in Q2Jun 2, 2020South Korea's economy shrank at a slightly less-than-expected rate in the first quarter but is projected to face a deeper contraction in the current quarter due to the growing economic fallout from t... -
S. Korea to invest $15m in ADB fundsJun 1, 2020The Ministry of Finance and Ministry of SMEs and Startups said Monday they will invest $15 million (18.4 billion won) in the Asian Development Bank’s upcoming new fund program to help early-stage sta... -
S. Korea sharply cuts this year's growth outlook amid pandemic, but expects strong rebound in 2021Jun 1, 2020South Korea on Monday sharply slashed its growth estimate for the year, but expected a strong economic rebound next year on the back of massive fiscal spending, vowing to adopt "all possible means" t... -
‘Single-largest extra budget’ sought to deal with COVID-19 falloutJun 1, 2020Imminent extra budget speculated to surpass W30tr -
S. Korea’s exports fail to recover in MayJun 1, 2020South Korea’s exports continued to fall in May, marking a double-digit percentage decline for the second consecutive month, according to a government report on Monday. The extended decline was large... -
Businesses, households borrow W75tr in loans during COVID-19 periodMay 31, 2020T he outstanding loans extended to local companies and households here increased by a combined 75.4 trillion won ($73 billion) from February to April, when the economic risks stemming from the novel... -
Idle funds hit record-high amid COVID-19, low rate trendMay 31, 2020South Korea’s volume of short-term floating capital -- so-called “idle funds” -- surpassed 1,100 trillion won ($901 billion), hitting a record-high amid the prolonged COVID-19 crisis and the continue... -
Japan keeps mum on S. Korea's call to lift trade curbs as deadline loomsMay 31, 2020Japan has not responded to South Korea's renewed call to swiftly retract export restrictions imposed in a row over wartime forced labor, officials here said Sunday, as the deadline for an answer near...
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01Missing Seoul Mayor Park found dead
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03Five-day funeral planned for Seoul mayor
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Search continues for seoul mayor reported missing04
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050.03% of Koreans developed coronavirus antibodies: KCDC
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[Newsmaker] Three marathoners killed in car accident during race06
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07Kindergarten teachers suffer from abuse: survey
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Mayor Park says sorry in will08
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09New virus cases fall below 50; imported infections, those at churches persist
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[Newsmaker] Seoul mayor’s death highlights Korea’s suicide problem10