Economy
Written: 2022-07-04 11:11:44 / Updated: 2022-07-04 14:12:36
The nation’s top economic and financial authorities have vowed to set up a joint system to preemptively respond to macroeconomic risk factors that ...
Economy
Written: 2022-07-04 10:44:44 / Updated: 2022-07-04 14:32:16
The finance ministry has launched efforts to overhaul the Foreign Exchange Transactions Act for the first time in 23 years.
According to the ...
Economy
Written: 2022-07-04 09:27:51 / Updated: 2022-07-04 11:40:57
The nation's electricity demand hit a record high in June due to hotter-than-usual weather conditions.
According to the Korea Power Exchange ...
Economy
Written: 2022-07-02 13:45:49 / Updated: 2022-07-02 14:10:54
Sales of Hyundai Motor and its sister firm Kia Corporation have declined in the U.S. market in the first half of the year.
Hyundai Motor Group ...
Economy
Written: 2022-07-01 19:13:42 / Updated: 2022-07-01 19:37:06
Household loans at five major local banks shrank for the sixth straight month in June, while deposits increased with interest rate hikes.
The ...
Economy
Written: 2022-07-01 15:52:12 / Updated: 2022-07-01 16:49:16
The benchmark Korea Composite Stock Price Index(KOSPI) fell 27-point-22 points, or one-point-17 percent, on Friday, closing the day at two-thousand-305-point-42.
The ...
Economy
Written: 2022-07-01 15:51:12 / Updated: 2022-07-01 16:29:43
Gasoline and diesel prices at nationwide pumps fell on Friday, the first day an expanded 37 percent fuel tax cut took effect.
According to oil price ...
Economy
Written: 2022-07-01 15:45:46 / Updated: 2022-07-01 15:47:27
With the lifting of social distancing measures, online shopping in travel and culture sectors has completely recovered to pre-pandemic levels.
According ...
Economy
Written: 2022-07-01 10:54:16 / Updated: 2022-07-01 15:55:18
Apple has decided to provide an alternative payment system for all South Korean apps on its Apple Store.
On its website, the U.S. tech giant said ...
Economy
Written: 2022-07-01 10:07:01 / Updated: 2022-07-01 10:40:11
South Korea logged a record trade deficit in the first half of the year.
According to data by the Ministry of Trade, Industry and Energy on Friday, ...