Economy

KOSPI Snaps 5-Day Rally as US Strikes Iran

Written: 2025-06-23 17:03:47 / Updated: 2025-06-23 17:22:07

The benchmark Korea Composite Stock Price Index(KOSPI) closed lower Monday, ending its five-day rally amid mounting uncertainties after the ...

Economy

KOSPI Down 0.24% Monday

Written: 2025-06-23 15:41:28 / Updated: 2025-06-23 16:54:32

The benchmark Korea Composite Stock Price Index(KOSPI) shaved off seven-point-37 points, or zero-point-24 percent, Monday to close at three-thousand-14-point-47. The ...

Economy

Oasis Acquires TMON after Court Approves Rehabilitation Plan

Written: 2025-06-23 15:29:49 / Updated: 2025-06-23 15:40:36

The acquisition of the e-commerce platform TMON by Oasis Market, a grocery delivery company, has been approved by a local court. The Seoul Bankruptcy ...

Economy

Gov’t to Closely Monitor Oil Prices, Financial Markets amid Middle East Crisis

Written: 2025-06-23 11:30:02 / Updated: 2025-06-23 15:03:01

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Economy

Exports Rise 8.3% in First 20 Days of June

Written: 2025-06-23 10:14:30 / Updated: 2025-06-23 10:32:08

Exports rose more than eight percent in the first 20 days of June.    According to preliminary data from the Korea Customs Service on Monday, ...

Economy

KEPCO Freezes Electricity Rates for Q3

Written: 2025-06-23 10:07:20 / Updated: 2025-06-23 15:45:46

The state power company has decided to freeze electricity prices for the third quarter of the year. The Korea Electric Power Corporation(KEPCO) ...

Economy

Household Loan Growth Hits 10-Month High in June

Written: 2025-06-22 12:19:20 / Updated: 2025-06-22 13:41:05

Household loans extended by major South Korean banks surged at the fastest pace in ten months during the first 19 days of June, amid signs of overheating ...

Economy

Fuel Prices in S. Korea Rise for First Time in Six Weeks amid Middle East Tensions

Written: 2025-06-21 13:39:32 / Updated: 2025-06-21 13:52:34

Gasoline and diesel prices at domestic gas stations have risen for the first time in six weeks, driven by escalating geopolitical tensions in the ...

Economy

Court Approves Homeplus’ Request to Seek M&A Deal before Rehabilitation Plan Ruling

Written: 2025-06-20 19:03:24 / Updated: 2025-06-20 19:09:28

A Seoul court approved discount store chain Homeplus' request to seek a merger and acquisition(M&A) deal before a court decision on whether ...

Economy

KOSPI Closes above 3,000 for First Time in over 3.5 Years

Written: 2025-06-20 15:57:01 / Updated: 2025-06-20 16:02:57

The benchmark Korea Composite Stock Price Index(KOSPI) closed above the three-thousand mark on Friday for the first time in some three-and-a-half ...