Electricity Rate to Rise 9.5% in Q1
Written: 2022-12-30 11:33:42 / Updated: 2022-12-30 11:44:16
The government has decided to raise electricity prices by nine-and-a-half percent while freezing residential gas costs for the first quarter ...
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Housing Transactions Halve This Year
Written: 2022-12-30 09:44:11 / Updated: 2022-12-30 12:06:31
The nation's housing sales halved through November this year from a year earlier with a housing market freeze amid rising interest rates and the ...
Consumer Prices Rise 5.1% in 2022, Highest in 24 Years
Written: 2022-12-30 09:06:57 / Updated: 2022-12-30 10:18:44
Consumer prices rose five-point-one percent this year, the most in 24 years. According to Statistics Korea on Friday, the country's consumer ...
KOSPI Ends Thursday Down 1.93%
Written: 2022-12-29 15:39:17 / Updated: 2022-12-29 15:46:42
The benchmark Korea Composite Stock Price Index(KOSPI) fell 44-point-05 points, or one-point-93 percent, on Thursday, closing the last trading ...
Export Price Index Falls 11% in November amid Sluggish Global Economy
Written: 2022-12-29 14:44:13 / Updated: 2022-12-29 14:44:55
South Korea's export price index has fallen more than eleven percent on-year in November amid a drop in semiconductor prices due to a sluggish ...
Electricity Rate Hikes For Next Year Set to be Announced Fri.
Written: 2022-12-29 13:33:07 / Updated: 2022-12-29 14:28:17
The government is expected to announce electricity rate hikes on Friday that will go into effect in the first quarter of next year. Speaking to ...
Finance Minister: Gov't to Execute Over 65% of 2023 Budget in First Half
Written: 2022-12-29 11:18:45 / Updated: 2022-12-29 11:35:10
The government plans to execute more than 65 percent of the 2023 budget as quickly as possible to respond to a projected slowdown in the nation’s economy. Finance ...
Industrial Output Rebounds, Consumption Keeps Falling in Nov.
Written: 2022-12-29 09:02:00 / Updated: 2022-12-29 10:48:14
Industrial output increased for the first time in five months in November, but consumption declined for the third consecutive month. Statistics ...
KOSPI Ends Wednesday Down 2.24%
Written: 2022-12-28 15:47:57 / Updated: 2022-12-28 15:50:06
The benchmark Korea Composite Stock Price Index(KOSPI) fell 52-point-34 points, or two-point-24 percent, on Wednesday, closing the day at two-thousand-280-point-45. The ...
Business Sentiment in December Hits 26-Month Low
Written: 2022-12-28 08:15:34 / Updated: 2022-12-28 10:13:16
Business sentiment dropped to its lowest level in over two years amid lingering economic uncertainties and weak domestic demand. According ...
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