Economy

S. Korea's Trade Deficit with Middle East Surpasses $10 Billion for First Time

Written: 2022-08-03 15:36:25 / Updated: 2022-08-03 15:50:18

South Korea's trade deficit with the Middle East has surpassed the 10 billion dollar mark for the first time in the month of July. According to ...

Economy

BOK: Increase in Interest Rate Contributes to Decline in Housing Prices

Written: 2022-08-03 15:01:56 / Updated: 2022-08-03 15:09:14

Recent analysis has shown that housing prices can drop by up to one-point-four percent over two years when the key interest rate rises by 50 basis ...

Economy

CEO Score: Top 500 Companies Saw Surge in Number of Staff in H1

Written: 2022-08-03 11:08:20 / Updated: 2022-08-03 13:38:28

The number of employees in the nation’s top 500 companies surged by more than 12-thousand in the first half of the year after many firms expanded hiring. According ...

Economy

PM Han: Nation Likely to Maintain $40 to $50 Bln Surplus in Balance of Payments

Written: 2022-08-03 10:37:13 / Updated: 2022-08-03 14:38:44

Prime Minister Han Duck-soo says the nation’s balance of payments surplus is expected to reach between 40 and 50 billion dollars this year. Han ...

Economy

FX Reserves Rise for First Time in 5 Months in July

Written: 2022-08-03 08:27:09 / Updated: 2022-08-03 11:02:19

South Korea's foreign reserves increased for the first time in five months in July despite the appreciation of the U.S. dollar. According to the ...

Economy

S. Korean EV Battery Makers' Market Share Slips 9%p in H1

Written: 2022-08-02 16:47:34 / Updated: 2022-08-02 18:57:54

The global market share of South Korea's top three electric vehicle(EV) battery makers dropped sharply in the first half of this year from the year ...

Economy

KOSPI Ends Tuesday Down 0.52%

Written: 2022-08-02 15:38:21 / Updated: 2022-08-02 16:47:24

The benchmark Korea Composite Stock Price Index(KOSPI) fell 12-point-63 points, or zero-point-52 percent, on Tuesday, closing the day at two-thousand-439-point-62. The ...

Economy

BOK Forecasts Inflation to Keep 6% Level For Now

Written: 2022-08-02 13:22:22 / Updated: 2022-08-02 15:41:12

The central bank on Tuesday forecast consumer prices to continue to rise above six percent for the time being, citing persistent high oil costs and ...

Economy

Consumer Prices Jump 6.3% in July to Hit Near 24-Year High

Written: 2022-08-02 09:02:23 / Updated: 2022-08-02 14:45:30

Related News

BOK Forecasts Inflation to Keep 6% Level For Now

Economy

KOSPI Ends Monday Up 0.03%

Written: 2022-08-01 15:37:38 / Updated: 2022-08-01 18:43:16

The benchmark Korea Composite Stock Price Index(KOSPI) rose zero-point-75 points, or zero-point-03 percent, on Monday, to close the day at two-thousand-452-point-25. The ...