S. Korea’s Foreign Exchange Reserves Hit Record High 2021-08-09 According to the Bank of Korea on August 4, South Korea’s foreign exchange reserves hit an all-time high of 458.68 billion US dollars at the ... Listen
Global Semiconductor Race Heats up 2021-08-02 Semiconductors are often described as the rice of the industry. Going through the complicated manufacturing process, they are used in diverse ... Listen
SME exports post record growth for 1H, increasing 22% 2021-07-26 Exports for Korean small-to-medium-sized enterprises (SMEs) have recorded an all-time high during the first half of this year. According to the ... Listen
How EU’s Carbon Border Tax will Influence Korean Industries 2021-07-19 The European Union has announced its plan to introduce the world’s first carbon border tax. Officially called the “carbon border ... Listen
Samsung, LG Post Record Q2 Earnings 2021-07-12 Samsung Electronics and LG Electronics posted market estimate-beating earnings during the April to June period, with both companies recording ... Listen
Ten Years of Korea-EU FTA 2021-07-05 On July 1, 2011, the free trade agreement between South Korea and the European Union came into effect, with Korea becoming the first Asian country ... Listen
Economic Effects of BTS’ No.1 Position on Billboard Hot 100 for Four Straight Weeks 2021-06-28 K-pop superstar BTS has broken its own record yet again, with its new song “Butter” ranking first on the Billboard Hot 100 for four weeks ... Listen
BOK Hints at Potential Rate Hike 2021-06-21 The Bank of Korea or BOK might raise its benchmark policy rate earlier than expected. Initially, it had been widely believed that the central bank ... Listen
Job Market Recovery 2021-06-14 South Korea has seen job growth since March this year, after 12 straight months of on-year decrease. Nearly 620-thousand jobs were added in May, ... Listen
Korea’s Exports in May Post Sharpest Growth in 32 Yrs 2021-06-07 South Korea’s exports have sustained continuous growth for seven months in a row. Export growth in May showed the largest on-year increase ... Listen