Economy

Samsung Chooses Taylor, Texas for $17 Bln Chip Plant

Written: 2021-11-24 09:49:30 / Updated: 2021-11-24 19:11:14

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Economy

S. Korea Decides to Join US in Releasing Reserve Oil amid Rising Oil Prices

Written: 2021-11-24 09:16:05 / Updated: 2021-11-24 16:03:45

South Korea has decided to join the U.S. and others in releasing reserves of crude oil in a concerted effort to stem rising global oil prices.  The ...

Economy

Samsung Scion Calls on Employees to Pioneer Future

Written: 2021-11-23 19:48:49 / Updated: 2021-11-23 19:53:37

Samsung Group's de-facto leader Lee Jae-yong has called on employees to strive for a new Samsung.  According to the firm, Vice Chairman ...

Economy

KOSPI Ends Tuesday Down 0.53%

Written: 2021-11-23 16:00:34 / Updated: 2021-11-23 16:01:35

The benchmark Korea Composite Stock Price Index(KOSPI) fell 15-point-92 points, or zero-point-53 percent, on Tuesday, closing the day at two-thousand-997-point-33. The ...

Economy

Household Debt Hits Record High

Written: 2021-11-23 14:05:45 / Updated: 2021-11-23 14:44:53

Household debt has yet again hit a new all-time high in the third quarter of this year. According to the Bank of Korea(BOK) Tuesday, the household ...

Economy

10.8 Tln Won in Small Biz Assistance Earmarked Using Excess Tax Revenue

Written: 2021-11-23 11:33:12 / Updated: 2021-11-23 15:11:47

The government plans to use five-point-three trillion won in excess tax revenue toward providing financial support for small business owners ...

Economy

Auto Consumption Tax Cut Extended for 6 Months

Written: 2021-11-23 10:01:58 / Updated: 2021-11-23 10:28:54

The government has decided to extend the individual consumption tax cut for automobile buyers for another six months.  Economy and Finance Minister ...

Economy

Growth of Inflation Expectations Hits Nearly 5-Year High

Written: 2021-11-23 09:45:18 / Updated: 2021-11-23 10:04:13

Inflation expectations grew at the steepest pace in nearly five years in November due to rising prices of oil and raw materials.  According to ...

Economy

Consumer Sentiment Improves for Third Month in November

Written: 2021-11-23 08:30:53 / Updated: 2021-11-23 09:34:52

Consumer sentiment improved for the third consecutive month in November as the nation began to ease social distancing for a gradual transition ...

Economy

KOSPI Ends Monday Up 1.42%

Written: 2021-11-22 15:42:52 / Updated: 2021-11-22 16:44:05

The benchmark Korea Composite Stock Price Index(KOSPI) recovered ground and surpassed the three-thousand mark for the first time in 14 sessions ...