Economy

KOSPI Ends Tuesday Down 0.03%

Written: 2023-06-27 15:47:25 / Updated: 2023-06-27 16:43:13

The benchmark Korea Composite Stock Price Index(KOSPI) edged down zero-point-81 points, or zero-point-03 percent, on Tuesday, to close the day ...

Economy

Nongshim to Lower Prices of Instant Noodles, Shrimp Crackers

Written: 2023-06-27 15:17:26 / Updated: 2023-07-04 15:37:19

Related News

Gov't Asks Millers to Cut Prices after Prodding Ramen Companies

Economy

Minimum Wage Panel to Discuss 2024 Rate ahead of Thurs. Deadline

Written: 2023-06-27 13:28:12 / Updated: 2023-06-27 14:43:25

The Minimum Wage Commission will convene a plenary session on Tuesday to discuss next year's rate, with two days left until the legal deadline. With ...

Economy

Gov't Asks Millers to Cut Prices after Prodding Ramen Companies

Written: 2023-06-27 11:53:13 / Updated: 2023-07-04 15:38:46

The government asked millers to cut prices after the finance minister prodded the ramen industry to do the same. According to the agriculture ...

Economy

KOSPI Ends Monday Up 0.47%

Written: 2023-06-26 15:41:52 / Updated: 2023-06-27 09:42:53

The benchmark Korea Composite Stock Price Index(KOSPI) rose 12-point-10 points, or zero-point-47 percent, on Monday, to close the day at two-thousand-582-point-20. The ...

Economy

Unionized Metal Workers to Stage Walkout over Yoon Gov't Policies

Written: 2023-06-26 15:30:26 / Updated: 2023-06-26 15:40:46

Unionized metal workers will stage a walkout next month, calling for an ouster of the Yoon Suk Yeol administration. According to the Korean Metal ...

Economy

S. Korean Airlines Temporarily Cut Flights to China amid Low Demand

Written: 2023-06-26 15:17:46 / Updated: 2023-06-26 15:37:44

South Korean airlines have decided to temporarily suspend some routes to and from China as demand has not recovered to pre-pandemic levels. According ...

Economy

Food Price Gains Heavily Outstrip Disposable Income Growth in Q1

Written: 2023-06-26 08:04:14 / Updated: 2023-06-26 10:24:22

New data shows the price growth of staple food items heavily outpaced the growth of disposable income of households in the first quarter of this year. According ...

Economy

Hyundai E&C Wins $5 Bln Contract to Build Petrochemical Plant in Saudi Arabia

Written: 2023-06-25 14:30:30 / Updated: 2023-06-26 14:37:25

The government said on Sunday that Hyundai Engineering & Construction (E&C) has signed a five-billion-dollar contract with Saudi Arabian state ...

Economy

Gas, Diesel Prices Continue to Slide

Written: 2023-06-24 13:37:48 / Updated: 2023-06-24 13:41:47

Both gasoline and diesel prices continue to fall.  According to oil price portal Opinet run by the Korea National Oil Corporation, the average ...