Local Gasoline Prices Fall for 8th Straight Week
Written: 2023-12-02 13:40:27 / Updated: 2023-12-02 13:41:17
Local gasoline prices have dropped for eight consecutive weeks. According to Opinet, the Korea National Oil Corporation's online ...
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KOSPI Ends Friday Down 1.19%
Written: 2023-12-01 15:38:07 / Updated: 2023-12-01 16:05:46
The benchmark Korea Composite Stock Price Index(KOSPI) shed 30-point-28 points, or one-point-19 percent, on Friday, to close the week at two-thousand-505-point-01. The ...
Central Banks of S. Korea, Japan Ink 3-Year, $10 Bln Currency Swap Deal
Written: 2023-12-01 14:18:55 / Updated: 2023-12-01 14:51:55
South Korea and Japan agreed to a ten billion U.S. dollar currency swap deal on Friday, eight years after the last deal ended. According to the ...
Exports Rise 7.8% in November to Post Growth for Second Month
Written: 2023-12-01 09:50:22 / Updated: 2023-12-01 09:51:26
Exports increased about eight percent in November to post growth for the second consecutive month. According to data from the Ministry of Trade, ...
KOSPI Ends Thursday Up 0.61%
Written: 2023-11-30 15:51:26 / Updated: 2023-11-30 16:29:35
The benchmark Korea Composite Stock Price Index(KOSPI) went up 15-point-48 points, or zero-point-61 percent, on Thursday, to close the day at ...
BOK Forecasts Economic Growth Rates of 1.4% in 2023, 2.1% in 2024
Written: 2023-11-30 14:57:55 / Updated: 2023-11-30 15:09:26
The Bank of Korea(BOK) has projected economic growth of one-point-four percent in 2023 and two-point-one percent in 2024 in its latest forecast. In ...
Industrial Output, Retail Sales, Facility Investment All Drop in Oct.
Written: 2023-11-30 12:21:47 / Updated: 2023-11-30 14:44:10
The domestic economy suffered a triple whammy as industrial output, retail sales and facility investment all declined in October for the first ...
BOK Keeps Key Rate Steady at 3.5% for Seventh Straight Time
Written: 2023-11-30 10:32:58 / Updated: 2023-11-30 11:37:33
The central bank has kept the key interest rate steady at three-point-five percent for the seventh consecutive time. The decision was made ...
825 Additional People Recognized as Jeonse Fraud Victims
Written: 2023-11-30 08:53:06 / Updated: 2023-11-30 08:57:20
An additional 825 people have been recognized as victims of lump-sum “jeonse” rental housing deposit fraud, making them eligible for government ...
OECD Marks down S. Korea's 2023 Economic Growth Outlook to 1.4%
Written: 2023-11-30 08:33:34 / Updated: 2023-11-30 14:39:44
The Organization for Economic Cooperation and Development(OECD) has marked down South Korea’s economic growth outlook this year while raising ...
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