Inflation Slows to 2.8% in January
Written: 2024-02-02 09:24:31 / Updated: 2024-02-02 09:26:03
The inflation rate slowed to the two-percent range for the first time in six months in January. According to Statistics Korea on Friday, the ...
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Stage X Named S. Korea's 4th 5G Network Operator
Written: 2024-02-01 16:03:34 / Updated: 2024-02-01 16:12:09
A local consortium was selected as the new operator of the 28 gigahertz(GHz) band of the fifth-generation network(5G) in South Korea. According ...
KOSPI Ends Thursday Up 1.82%
Written: 2024-02-01 15:47:40 / Updated: 2024-02-01 16:41:34
The benchmark Korea Composite Stock Price Index(KOSPI) climbed 45-point-37 points, or one-point-82 percent, on Thursday, to close the day at ...
Finance Minister Vows to Manage Uncertainties over Global Rate Cuts
Written: 2024-02-01 10:45:27 / Updated: 2024-02-01 15:59:19
Finance minister Choi Sang-mok has warned that uncertainties surrounding the timing and size of rate cuts in major countries have increased after ...
Exports Rise 18% in January on the Back of Soaring Chip Shipments
Written: 2024-02-01 10:01:46 / Updated: 2024-02-01 10:05:26
Exports increased nearly 20 percent in January from a year earlier to post growth for the fourth consecutive month. According to data from the ...
Japan's Antitrust Agency Approves Korean Air's Acquisition of Asiana
Written: 2024-01-31 15:46:18 / Updated: 2024-01-31 17:29:46
Japan's antitrust regulator on Wednesday approved the merger deal between Korean Air and Asiana Airlines, bringing the merger process one step ...
KOSPI Ends Wednesday Down 0.07%
Written: 2024-01-31 15:45:02 / Updated: 2024-01-31 16:19:28
The benchmark Korea Composite Stock Price Index(KOSPI) fell one-point-72 points, or zero-point-07 percent on Wednesday, to close the day at two-thousand-497-point-09. The tech-heavy ...
Samsung Electronics Posts Loss of 2.2 Tln Won in Chip Business in Q4
Written: 2024-01-31 10:14:10 / Updated: 2024-01-31 10:34:58
Samsung Electronics has reported a fourth-quarter loss of more than two trillion won, or one-point-five billion U.S. dollars, in the semiconductor ...
IMF Raises S. Korea's Growth Outlook for 2024 to 2.3%
Written: 2024-01-31 09:49:05 / Updated: 2024-01-31 09:56:10
The International Monetary Fund(IMF) has slightly upgraded its growth outlook for South Korea for this year in light of the recovery of the global ...
Industrial Output in 2023 Rose 0.7% as Consumption, Investment Fell
Written: 2024-01-31 09:22:04 / Updated: 2024-01-31 09:57:05
Industrial output grew last year, but consumption and investment decreased from a year ago. Statistics Korea said on Wednesday that the index ...
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