S. Korea Warns Stern Response to North Korea’s Rocket Launch

2015-09-20

South Korea has vowed to respond sternly if Pyongyang launches a long-range missile or conducts a nuclear test. A day after the North indicated ...

Grand Compromise Reached on Labor Reform

2015-09-20

Labor, management and government representatives have ironed out differences on how to carry out labor reform, providing new doses of hope for ...

S&P Upgrades South Korea’s Rate to AA-

2015-09-20

Global credit rating agency Standard & Poor's (S&P) has upgraded South Korea's sovereign rating one notch from A+ to AA-. It is the first time in ...

Success of Korean Cosmetics Industry - Analysis and Prospects

2015-09-14

Government Raises Budget by 3%

2015-09-13

The government has increased next year's budget proposal by eleven trillion won, or three percent, from this year to 386-point-seven trillion ...

Won Continues to Weaken Against Dollar

2015-09-13

The weakening of the won against the dollar is picking up pace. Some major economic institutes are predicting that the exchange rate of the local ...

Preliminary Candidates Selected After Inter-Korean Agreement on Family Reunions

2015-09-13

South Korea's Red Cross selected 500 preliminary candidates for inter-Korean family reunions, after the two Koreas decided to hold the reunions ...

Chinese Market Crash and Its Impact on Korea

2015-09-07

President Park Attends China’s Victory Day

2015-09-06

President Park Geun-hye has attended China's Victory Day event marking the 70th anniversary of the end of World War II. During the much-anticipated ...

Manufacturing Activities Decline Around the World

2015-09-06

Manufacturing activities across the world have been on a downward slope for months, due in many parts to the slowing Chinese economy. South Korea ...