Import Price Index Rises 32% On-Year in May
Written: 2022-06-29 18:42:57 / Updated: 2022-06-29 18:45:43
South Korea’s import price index in May jumped over 30 percent from a year ago, due mainly to rising global oil prices. According to the data ...
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Representatives of Labor, Management Continue to Deliberate on 2023 Minimum Wage
Written: 2022-06-29 16:07:09 / Updated: 2022-06-29 16:51:32
Representatives of labor and management have submitted amended versions of their respective proposals for next year's minimum wage. The ...
LG Energy Solution to Reconsider New Battery Plant in U.S. amid Global Inflation
Written: 2022-06-29 15:44:47 / Updated: 2022-06-29 16:03:31
LG Energy Solution(LGES) is reconsidering its plan to build a new battery plant in the U.S. amid global inflation and the sharp drop in the Korean ...
KOSPI Ends Wednesday Down 1.82%
Written: 2022-06-29 15:40:34 / Updated: 2022-06-29 16:52:36
The benchmark Korea Composite Stock Price Index(KOSPI) fell 44-point-10 points, or one-point-82 percent, on Wednesday, closing the day at two-thousand-377-point-99. The ...
Lone Star’s Suit against Government Brought to an End, Verdict Expected in 3 Months
Written: 2022-06-29 15:34:40 / Updated: 2022-06-29 15:42:04
The verdict of a near decade-long multi-billion dollar lawsuit filed by a private equity firm against the South Korean government is expected within ...
Gimpo-Haneda Route Reopens after Over 2 Years
Written: 2022-06-29 10:32:37 / Updated: 2022-06-29 11:59:44
South Korea and Japan resumed flights between Seoul's Gimpo and Tokyo's Haneda airports on Wednesday after a little over two years. The Korea ...
FKI: Business Sentiment Hits 18-month Low among 600 Local Firms
Written: 2022-06-29 09:05:31 / Updated: 2022-06-29 11:44:48
A survey shows that business sentiment among domestic firms dropped to the lowest level in one and a half years amid high inflation, high interest ...
Laborers, Employers Offer New Proposals for Next Year's Minimum Wage, Gap Remains Wide
Written: 2022-06-29 08:48:55 / Updated: 2022-06-29 10:17:43
Representatives of laborers and employers have both made concessions in negotiations over next year’s minimum wage but failed to reach a deal due ...
S. Korea's Expected Inflation Reaches Highest Level in over 10 Years
Written: 2022-06-29 08:28:10 / Updated: 2022-06-29 11:39:28
Consumers' expected inflation hit a ten-year high in June amid growing concerns over rapid price hikes and their impact on the economy and people's ...
Gov't to Increase National R&D Budget for Digital Innovation and More
Written: 2022-06-28 19:17:21 / Updated: 2022-06-28 19:27:24
The government plans to spend over 24 trillion won next year on national research and development projects to foster state-of-the-art technologies ...
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