-
World Bank trims 2020 global growth forecast amid slow trade recoveryJan 9, 2020Reflecting the slower-than-expected recovery of trade, the World Bank has lowered its forecast for this year’s global economic growth pace by 0.2 percentage point, South Korea’s Ministry of Economy a... -
Economic slump shows signs of easing: KDIJan 9, 2020South Korea's economy remained sluggish in November due to a slump in manufacturing and investment, but the slump showed signs easing as business confidence improved, a state-run think tank said Thur... -
BOK Gov. Lee to attend BIS meetingJan 9, 2020The head of South Korea's central bank will head to Switzerland this week to attend a Bank for International Settlement meeting, the Bank of Korea said Thursday. BOK Gov. Lee Ju-yeol will head to Ba... -
S. Korea faces more trade barriers amid growing protectionismJan 9, 2020South Korea faced more trade barriers last year amid growing protectionism around the globe spearheaded by the US-China trade war, with steel and chemical industries being primary victims, data showe... -
Iran's retaliation dents Korean financial marketJan 8, 2020Korea’s financial authorites bolster monitoring amid Iran’s retaliation -
Minister confirms frontloading of public spendingJan 8, 2020But government reduces amount of budget to be spent in first half, citing time constraints -
Tax revenue tallied at W276.6tr through Nov. last yearJan 8, 2020South Korea's state tax income reached 276.6 trillion won ($234.8 billion) in the first 11 months of last year, 3.3 trillion won less than the previous year, the finance ministry said Wednesday. Tax... -
Mideast tension to have limited impact on S. Korea: ministryJan 7, 2020Strategic oil reserves may be released if necessary -
Foreigners subject to tightened mortgage rules: regulatorJan 7, 2020South Korea said Tuesday that foreigners are also subject to tightened mortgage rules in a move to plug any possible loopholes in its efforts to stabilize home prices. The Financial Supervisory Serv... -
S. Korea’s current account surplus grows to $6b in Nov.Jan 7, 2020South Korea’s current account surplus came to $5.97 billion in November, marking a surplus for the seventh consecutive month, amid sluggish exports, data from the Bank of Korea showed Tuesday. The c... -
Net assets of ETFs jump 26% in 2019: dataJan 7, 2020South Korea's exchange traded fund market posted solid growth last year, with net assets of ETFs surpassing 50 trillion won ($42.9 billion) for the first time, the bourse operator said Tuesday. The ... -
S. Korea in close talks with ASEAN for mega Asia-Pacific trade dealJan 7, 2020South Korea will spare no efforts to help conclude a mega Asia-Pacific trade deal by the end of this year by forging deeper ties with the Association of Southeast Asian Nations, as the country strive... -
Korea's current account surplus widens to $5.97b in Nov.Jan 7, 2020South Korea's current account surplus grew from a year earlier in November as its service account deficit narrowed, while its primary income account surplus expanded, central bank data showed Tuesday... -
Financial watchdog to give more time to banks over dispute settlementJan 6, 2020South Korea's financial watchdog said Monday that it will give more time to six banks to decide whether to accept a proposal meant to resolve disputes over currency-related derivatives. The move cam... -
Debt of households, self-employed estimated to exceed W2,000trJan 5, 2020Debt incurred by households and self-employed businesses in South Korea is estimated to surpass 2,000 trillion won ($1,713 billion) as of September last year, according to central bank data on Sunday...
MOST POPULAR
-
01Posco International discovers new gas field in Myanmar
-
[Newsmaker] News presenter Lim Hyun-ju reignites bra-free debate02
-
03S. Korea reports 1 more case of novel coronavirus, total now at 31
-
Season’s heaviest snow pounds Seoul04
-
05S. Korea reports 1 more case of novel coronavirus, total now at 30
-
Moon calls on government to focus on reducing economic impact of virus06
-
07New case with unknown transmission route puts Korea back on alert
-
“Crash Landing on You” ends with tvN’s highest ratings yet08
-
09[Newsmaker] Chinese students in Korea advised 14-day self-isolation
-
Government steps up virus screening as risk of community spread looms10