The Korea Herald

[News Focus] North Korean defectors see household debt surge

Jan 30, 2020

Refugees’ debt grows faster than average household debt of South Koreans
FSC vows to beef up risk assessment for financial firms

Jan 29, 2020

Eun Seong-soo, chairman of the Financial Services Commission, said Wednesday that the financial regulator will come up with measures to monitor risks of financial conglomerates in a comprehensive man...
Korea's trade terms again dip in Dec.

Jan 29, 2020

South Korea's trade terms continued to worsen from a year earlier in December, largely due to export prices falling at a faster rate than import prices, but the rate of decline in export prices slowe...
Biz sentiment remains weak: survey

Jan 29, 2020

Business sentiment about the immediate future in South Korea remains weak due to uncertainties at home and abroad, a local think tank said Wednesday. The business survey index of the country's top 6...
Brexit not to affect bilateral trade ties with S. Korea

Jan 29, 2020

Britain's separation from the European Union slated for later this week is unlikely to have a direct impact on its bilateral trade ties with South Korea, as the two have already signed a back-up agre...
Korea's January exports tipped to fall 7.5%: poll

Jan 29, 2020

South Korea's exports are expected to drop 7.5 percent on-year in January to extend their slump to 14 consecutive months despite a mild recovery in chip shipments, a poll showed Wednesday, due mainly...
S. Korea's consumer sentiment sharply improves for Jan.

Jan 29, 2020

South Korea's consumer sentiment improved sharply from a month earlier in January, central bank data showed Wednesday, amid outlooks that the country's economic conditions will improve down the road....
S. Korea to spend W20.8b to combat spread of coronavirus

Jan 28, 2020

Fiscal chief vows to monitor economic impact of the coronavirus outbreak, draw on W2tr reserves if necessary
Corporate direct financing jumps 3.3% in 2019: data

Jan 28, 2020

South Korean companies' equity and debt sales rose 3.3 percent on-year in 2019 due mainly to a rise in corporate bond issuance, data showed Tuesday. Local companies raised 175.49 trillion won ($149 ...
OECD further cuts Korea's potential growth rate

Jan 28, 2020

South Korea's potential economic growth rate may have permanently been reduced, apparently because of a steady decline in its workforce and productivity, according to an OECD report Tuesday. Accordi...
Seoul, Manila to hold 5th round of FTA talks

Jan 28, 2020

South Korea said Tuesday it plans to hold the fifth round of talks with the Philippines on a bilateral free trade agreement this week, with a goal of concluding the deal this year. During the three-...
S. Korea remains watchful of economic fallout from Wuhan coronavirus cases

Jan 28, 2020

South Korea said Tuesday it would spare no efforts to tackle with potential economic fallout from the Wuhan coronavirus, while vowing to take steps, if necessary, to minimize any negative impact. "W...
[News Focus] Number of nonregular workers up 900,000 during Moon’s term

Jan 27, 2020

About 3.3 million Koreans de facto out of work
[News Focus] Boon or bane: How will real estate curbs play at the ballot box?

Jan 27, 2020

Critics say latest housing rules will keep market prices high, aggravate social divide between the haves and the have-nots
S. Korea's land price growth falls below 4% in 2019

Jan 27, 2020

South Korea's official land prices grew less than 4 percent in 2019, data showed Monday, expanding at a slower pace than the previous year for the first time since 2013. The country's land prices in...