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Economy

#Key Business Issue

Bank of Korea raising the benchmark interest rate

2010-11-22

The Bank of Korea’s Monetary Policy Committee raised on Tuesday the nation’s benchmark interest rate by 0.25 percent. The latest hike brought the ...

#Key Business Issue

Challenges of the Group of 20 Summit and its outcome

2010-11-15

The world watched as the Group of 20 Summit came to a close on Friday. The leaders of the world’s twenty largest economies came together in the nation’s ...

#Key Business Issue

Upcoming G20 Summit in Seoul and its implications

2010-11-08

With the Group of 20 Summit only three days away, Korea is furiously adding the finishing touches to its preparations for the prestigious global ...

#Key Business Issue

Implications of Korea’s slowing economic growth

2010-11-01

The Korean economy has seen a string of current account surpluses for the past few months with a projection for this year’s surplus to reach 30 billion ...

#Key Business Issue

Global conflict over currency exchange rates

2010-10-18

The Korean won has continued to appreciate against the U.S. dollar through the month of October. The rally began in September, but the won’s rise ...

#Key Business Issue

Changing economic landscape in Northeast Asia

2010-10-11

Korea has shown great economic resilience during the recent global economic crunch, making one of the fastest recoveries among OECD nations as ...

#Key Business Issue

The official signing of the Korea-EU free trade agreement

2010-10-04

Korea and the European Union are to celebrate on Wednesday a new era in bilateral trade by officially signing the Korea-EU free trade agreement. ...

#Key Business Issue

Smart phones over the holiday

2010-09-27

This year’s festive Chuseok holiday may have been a cherished occasion for which many Koreans enjoyed good food and quality time with their families, ...

#Key Business Issue

Two years after the Lehman Brothers bankruptcy

2010-09-20

September 15th marked the two year anniversary of the infamous bankruptcy of Lehman Brothers Holdings. The failure of this American investment ...

#Key Business Issue

Prospects for worldwide inflation on the prices of food

2010-09-13

One of two great traditional holidays celebrated in Korea, Chuseok, is only ten days away. But many Korean housewives aren’t enjoying the festivities. ...

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