Economy

Exports Rise 4.6% in First 20 Days of October

Written: 2023-10-23 09:54:04 / Updated: 2023-10-23 10:10:11

Exports increased nearly five percent on-year in the first 20 days of October. According to preliminary data from the Korea Customs Service ...

Economy

Jobs in Manufacturing Sector in Q3 Fall by Most Since Q4 in 2020

Written: 2023-10-22 12:00:16 / Updated: 2023-10-22 14:17:10

Jobs in the country’s manufacturing sector in the third quarter fell by the most in eleven quarters amid an economic slowdown. According to ...

Economy

Gas, Diesel Prices Drop for Second Consecutive Week

Written: 2023-10-21 15:05:02 / Updated: 2023-10-21 15:05:37

Local gasoline and diesel prices have dropped for two straight weeks. According to oil price portal Opinet run by the Korea National Oil Corporation, ...

Economy

KOSPI Ends Friday Down 1.69%

Written: 2023-10-20 15:48:10 / Updated: 2023-10-20 15:59:50

The benchmark Korea Composite Stock Price Index(KOSPI) shed 40-point-eight points, or one-point-69 percent on Friday, to close the week at two-thousand-375-point-00. The ...

Economy

Gov’t to Supply 1,000 Tons of Sea Salt for ‘Kimjang’ Season

Written: 2023-10-20 14:59:44 / Updated: 2023-10-20 15:40:28

The Ministry of Oceans and Fisheries has asked related industries to participate in efforts to stabilize sea salt prices ahead of the traditional ...

Economy

KOSPI Ends Thursday Down 1.90%

Written: 2023-10-19 15:44:26 / Updated: 2023-10-20 15:45:56

The benchmark Korea Composite Stock Price Index(KOSPI) shed 46-point-80 points, or one-point-nine percent on Thursday, to close the day at two-thousand-415-point-80.  The ...

Economy

Hyundai Motor to Launch Certified Used Car Program

Written: 2023-10-19 14:48:04 / Updated: 2023-10-19 14:59:43

The nation's largest automaker, Hyundai Motor, has announced plans to launch a program to sell used cars of its brand and the luxury Genesis ...

Economy

BOK Freezes Key Rate for 6th Time with Inflation Rate Missing Target

Written: 2023-10-19 14:17:51 / Updated: 2023-10-19 15:53:42

Anchor: The Bank of Korea on Thursday kept its key interest rate steady at three-point-five percent, marking the sixth time in the row that the central ...

Economy

BOK Board Forecast Slower Drop in Inflation than August Projection

Written: 2023-10-19 13:58:54 / Updated: 2023-10-19 14:01:05

Related News

BOK Leaves Key Interest Rate Steady at 3.5% for 6th Time

Economy

BOK Leaves Key Interest Rate Steady at 3.5% for 6th Time

Written: 2023-10-19 10:26:39 / Updated: 2023-10-19 10:28:08

The Bank of Korea(BOK) has left the key interest rate steady at three-point-five percent for the sixth consecutive time. The decision was made ...