Economy

Producer Prices Post First Drop in Nearly 2 Years in August

Written: 2022-09-23 08:41:18 / Updated: 2022-09-23 11:00:38

Producer prices in August dropped for the first time in nearly two years thanks to falling oil prices. The Bank of Korea on Friday reported that ...

Economy

DSME Secures 595.9 Bln Won Order to Build 2 LNG Carriers

Written: 2022-09-22 19:04:35 / Updated: 2022-09-22 19:11:51

Daewoo Shipbuilding and Marine Engineering(DSME) said Thursday that it has won an order worth nearly 600 billion won to build two liquefied natural ...

Economy

Pres. Office: 'Liquidity Facilities' Include Currency Swap, Issue Under Review by NSC

Written: 2022-09-22 16:39:16 / Updated: 2022-09-22 17:08:19

President Yoon Suk Yeol and U.S. President Joe Biden have both instructed their national security councils(NSC) to review a possible currency ...

Economy

Won Barrels Past 1,400 Threshold to Close at Weakest in 13 and Half Yrs

Written: 2022-09-22 16:02:05 / Updated: 2022-09-22 17:04:20

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KOSPI Ends Thursday Down 0.63% as US Fed's Rate Hike Affects Local Markets

BOK Chief Hints at Raising Key Rate by 50 Basis Points as Year-end Projection for U.S. Rate Defies Earlier Estimates

Economy

KOSPI Ends Thursday Down 0.63% as US Fed's Rate Hike Affects Local Markets

Written: 2022-09-22 15:54:17 / Updated: 2022-09-22 16:53:16

The benchmark Korea Composite Stock Price Index(KOSPI) fell 14-point-90 points, or zero-point-63 percent, on Thursday, closing the day at two-thousand-332-point-31.  The ...

Economy

BOK Chief Hints at Raising Key Rate by 50 Basis Points as Year-end Projection for U.S. Rate Defies Earlier Estimates

Written: 2022-09-22 11:51:24 / Updated: 2022-09-22 16:57:15

Related News

US Fed Raises Key Interest Rate by 0.75% Again

Economy

Won-Dollar Exchange Rate Tops 1,400 for First Time in over 13 Years

Written: 2022-09-22 09:39:06 / Updated: 2022-09-22 15:08:08

The won-dollar exchange rate surpassed the one-thousand-400 won mark for the first time in 13 and a half years on Thursday. On the Seoul foreign ...

Economy

Finance Minister: High Uncertainties Likely to Continue for Some Time

Written: 2022-09-22 09:25:49 / Updated: 2022-09-22 09:32:15

Finance Minister Choo Kyung-ho said that high uncertainties in the domestic financial and foreign exchange markets may continue for a considerable ...

Economy

Real Estate Rules to Prevent Speculative Buys Lifted for Most Areas outside Capital

Written: 2022-09-21 16:52:32 / Updated: 2022-09-21 19:14:01

Real estate regulations instituted to discourage speculative transactions have been lifted for most areas outside the metropolitan area amid ...

Economy

KOSPI Ends Wednesday Down 0.87%

Written: 2022-09-21 15:38:19 / Updated: 2022-09-21 15:39:58

The benchmark Korea Composite Stock Price Index(KOSPI) fell 20-point-64 points, or zero-point-87 percent, on Wednesday, closing the day at two-thousand-347-point-21. The ...