Economy
Written: 2022-10-27 14:19:52 / Updated: 2022-10-27 15:44:28
South Korea's central bank has decided to temporarily expand the list of accepted collateral for loans to commercial banks in a bid to help ease a ...
Economy
Written: 2022-10-27 12:08:35 / Updated: 2022-10-27 13:26:12
The Gangwon provincial government has pledged to cover the defaulted debt of the municipal-linked developer of Legoland Korea by December 15.
Jeong ...
Economy
Written: 2022-10-27 10:59:04 / Updated: 2022-10-27 16:40:10
Lee Jae-yong has officially taken the helm of Samsung Electronics, a decade after being named the electronics giant’s vice chairman.
The company's ...
Economy
Written: 2022-10-27 10:04:45 / Updated: 2022-10-27 11:41:31
Samsung Electronics reported a nosedive of more than 30 percent for its third quarter operating profit due to sluggish demand for chips amid the ...
Economy
Written: 2022-10-27 09:29:45 / Updated: 2022-10-27 11:18:57
Six automakers will recall more than 490-thousand vehicles over faulty components.
The Ministry of Land, Infrastructure and Transport said ...
Economy
Written: 2022-10-27 08:37:15 / Updated: 2022-10-27 11:30:21
The economy grew zero-point-three percent in the third quarter from the previous quarter thanks to a rise in private consumption and facility investment.
The ...
Economy
Written: 2022-10-26 19:14:40 / Updated: 2022-10-26 20:33:12
Household credit risks have spiked to the highest levels in nearly two decades amid stubbornly high inflation.
According to the Bank of Korea ...
Economy
Written: 2022-10-26 14:39:30 / Updated: 2022-10-26 14:56:03
An official from the International Monetary Fund(IMF) assessed that South Korea’s economy has “strong fundamentals” and “ample buffers” but ...
Economy
Written: 2022-10-26 14:01:40 / Updated: 2022-10-26 14:22:18
The government will allocate 68 percent of new public housing over the next five years for the country’s young people.
The measure was announced ...
Economy
Written: 2022-10-26 10:06:14 / Updated: 2022-10-26 10:27:17
South Korea's largest automaker, Hyundai Motor Group, held a groundbreaking ceremony on Tuesday for its electric vehicle(EV) plant in the United ...