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Job cuts most serious for 30s and 40s: data

While South Korea’s employment indexes continued to struggle amid controversies on increased minimum wage, the job decreasing rate turned out to be the most drastic for the primary labor force age cl...

Jun 17, 2018
Economy
S. Korea's jobless rate rises in May, job creation lowest in over 8 yrs

South Korea's jobless rate rose slightly in May due to a fall in employment in the retail, manufacturing and educational service sectors, while job creation remained sluggish, government data showed ...

Jun 15, 2018
Economy
ECB to keep interest rates at record lows at least through summer

The European Central Bank on Thursday said it expected key interest rates to remain at their current historic lows "at least through the summer of 2019." The headquarters of the European Central Ban...

Jun 14, 2018
Economy
US rate hike likely to have limited impact on Korea: officials

Seoul troubled by rate hike pressure, slow growth dilemma

Jun 14, 2018
Economy
Banks preparing for possible resumption of inter-Korean projects

South Korean banks have stepped up preparations for a possible resumption of economic projects in North Korea, as a historic summit between US President Donald Trump and North Korean leader Kim Jong-...

Jun 14, 2018
Economy
Denuclearization talks may give momentum to new economic road map for 2 Koreas

President Moon Jae-in's "new economic road map" for the Korean Peninsula may get its needed momentum once North Korea's denuclearization gets on track, with details getting added to the unified marke...

Jun 14, 2018
Economy
Korea needs a boost to domestic demand

With the prospects for Korea’s exports in the coming years dimming, there is increased pressure to expand domestic demand, particularly by promoting service industries through drastic deregulation. ...

Jun 13, 2018
Economy
[US-NK Summit] Major research institutes, ministries join peace mood of US-NK summit

Think tanks expand NK economy research teams, ministries name senior experts as inter-Korean team chiefs

Jun 12, 2018
Economy
Weak manufacturing increases employment woes

Korea is lagging behind in global competition to enhance the productivity and employment of manufacturing industries, experts here say. Asia’s fourth-largest economy saw its manufacturing sector’s p...

Jun 11, 2018
Economy
Seoul’s stock market buzzes ahead of Trump-Kim summit

Experts warn against hasty anticipations, call caution on US, EU monetary policy changes

Jun 11, 2018
Economy
Self-employed biz earnings growth falls to 6-year low in 2017: report

The earnings growth rate for South Korea's self-employed businesses fell to a six-year low in 2017 amid social and economic changes under way in Asia's fourth-largest market, official data showed Sun...

Jun 10, 2018
Economy
10 out of top 30 conglomerates cut number of workers in 2017: report

South Korea's leading business groups scaled back the number of employees on their payrolls in 2017 amid challenging market conditions and restructuring efforts undertaken by some industries, a repor...

Jun 10, 2018
Economy
Finance minister calls for corporate support in job creation, innovative growth

HANAM -- South Korea's top economic policymaker on Friday asked companies to do more to create jobs and spearhead innovative growth in the latest appeal to the business community to join the governme...

Jun 8, 2018
Economy
Finance minister vows actions for income inequality, tones down on wage

Kim tries to win back policy leadership amid recent ‘wage impact’ feud with Blue House

Jun 7, 2018
Economy
NK thaw signals end to export-driven economy: Herald forum

A tectonic shift is unraveling in and around the Korean Peninsula, especially in the wake of rapprochement mood and signs of denuclearization in North Korea, as well as trade war threats in East Asia...

Jun 7, 2018
Economy

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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