Economy

OECD Cuts S. Korea's Growth Outlook for 2023 to 1.8%

Written: 2022-11-23 08:14:04 / Updated: 2022-11-23 10:57:11

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Business Sentiment Hits Near 2-Year Low

Economy

KOSPI Ends Tuesday Down 0.59%

Written: 2022-11-22 15:44:58 / Updated: 2022-11-22 15:50:43

The benchmark Korea Composite Stock Price Index(KOSPI) fell 14-point-23 points, or zero-point-59 percent, on Tuesday, closing the day at two-thousand-405-point-27. The ...

Economy

Household Credit Posts Fresh Record of 1,870 Tln Won in Q3

Written: 2022-11-22 14:00:08 / Updated: 2022-11-22 15:14:11

The nation's household credit exceeded one-thousand-870 trillion won to post a fresh record in the third quarter of the year. According to the ...

Economy

Inflation Expectations Fall to 4.2% in November

Written: 2022-11-22 08:12:01 / Updated: 2022-11-22 10:46:11

Inflation expectations in November dropped slightly from a month ago. According to the Bank of Korea(BOK) on Tuesday, expected inflation, measuring ...

Economy

Parliamentary Finance Committee to Review 257 Bills on Taxes

Written: 2022-11-21 15:52:07 / Updated: 2022-11-21 15:55:20

The strategy and finance committee of the National Assembly will be reviewing a total of 257 bills on various taxes from Monday. Among them, ...

Economy

KOSPI Ends Monday Down 1.02%

Written: 2022-11-21 15:36:46 / Updated: 2022-11-21 16:36:58

The benchmark Korea Composite Stock Price Index(KOSPI) fell 24-point-98 points, or one-point-02 percent, on Monday, ending the day at two-thousand-419-point-50. The ...

Economy

S. Korea's Top 1000 Companies by R&D Investment Increased Spending in H1

Written: 2022-11-21 15:24:02 / Updated: 2022-11-21 15:27:40

South Korea's top one-thousand companies in research and development investment increased their spending in the first half of this year. The ...

Economy

Local Institute Forecasts Domestic Auto Production, Exports to Decline in 2023

Written: 2022-11-21 14:31:35 / Updated: 2022-11-21 15:05:12

A local research institute has forecast domestic auto production and exports to decline next year despite an expected expansion in global sales. In ...

Economy

No. of Flights at Incheon Int'l Airport to Exceed Pre-COVID-19 Levels in 2023

Written: 2022-11-21 11:12:20 / Updated: 2022-11-21 13:22:27

The number of flights at Incheon International Airport is set to surpass pre-COVID-19 levels during the next summer season. The Incheon International ...

Economy

Exports Decline 16.7% on-year in First 20 Days of November

Written: 2022-11-21 09:30:36 / Updated: 2022-11-21 11:14:28

Exports fell more than ten percent on-year in the first 20 days of November. According to tentative data from the Korea Customs Service on Monday, ...