The Korea Herald

Korea's Q1 GDP growth may accelerate

Apr 5, 2017

South Korea's economic growth for the first quarter of this year is expected to be faster than the fourth quarter of last year, fueled by robust exports, according to estimates by foreign investment ...
Korea's current account surplus increases to $8.4b in Feb

Apr 5, 2017

South Korea's current account surplus rose in February from a year earlier due to an increased surplus in the goods account, central bank data showed Wednesday. The country's current account surplus...
Korea's FX reserves up in March

Apr 5, 2017

South Korea's foreign exchange reserves rose slightly in March from a month earlier due to a hike in the value of non-dollar currencies when converted into the US greenback, central bank data showed ...
[Monitor] Korea's consumer prices surge 2.2%

Apr 4, 2017

South Korea’s consumer prices increased 2.2 percent last month, the fastest hike in nearly five years in March on a sharp rise in gas prices, Statistics Korea said Tuesday. Core inflation, which exc...
Korea's trade dependence hits 10 year low

Apr 4, 2017

South Korea's reliance on trade fell to an all-time low in a decade last year, data showed Tuesday, but there are lingering concerns that Asia's fourth-largest economy remains vulnerable to external ...
Korea’s debt-to-GDP ratio continues to rise in 2016

Apr 4, 2017

South Korea’s national debt in proportion to gross domestic product continued to increase to 38.3 percent in 2016, due to increased fiscal expenditure to prop up the sluggish economy, government data...
Korea, Kenya discuss closer economic collaboration

Apr 4, 2017

South Korea and Kenya have discussed ways to step up their collaboration on a range of economic issues, including investment and trade, the foreign ministry said Tuesday. In the fourth round of the ...
Analysis shows women executives very rare at top 10 conglomerates

Apr 4, 2017

Women account for only 2.4 percent of executives at South Korea's top 10 conglomerates, with Samsung Group showing the highest number while Hyundai Motor Group has the least, a corporate watcher's an...
Average sales price of apartments in Seoul tops W600m

Apr 4, 2017

The average sales price of apartments in Seoul has surpassed the 600 million won ($537,000) mark for the first time, data showed Tuesday, due to reconstruction projects in the affluent Gangnam Ward i...
Korea's consumer prices growth hits almost 5-yr high in March

Apr 4, 2017

South Korea's consumer prices shot up at the fastest clip in nearly five years in March on a sharp rise in gas prices, government data showed Tuesday. The country's consumer price index gained 2.2 p...
Foreign capital flowing into Korean markets rapidly

Apr 3, 2017

A rapid flow of foreign capital into local stock and bond markets is raising concerns about the possibility of increasing volatility in Korea’s financial markets. So far this year, foreign investors...
Die-hard shoppers growing as new group of important consumers

Apr 3, 2017

South Koreans are spending less as their income and living expenses move in opposite directions, while the country's economy has yet to pick up beyond doubt, but one segment of consumer groups seems ...
[Graphic News] K-Food popular in ethnic markets in US

Apr 2, 2017

South Korea‘s food exports to the United States are expected to reach $1 billion for the first time this year, owing to their brisk advances into ethnic markets, the Korea Agro-fisheries and Food Tra...
Seoul raises trade concerns at WTO over Beijing's apparent retaliation

Apr 2, 2017

South Korea's commerce ministry said Sunday that it has raised trade concerns at a WTO committee over China's apparent retaliatory steps against Seoul's decision to deploy a US missile defense system...
Koreans' overseas spending hits record high in 2016

Apr 2, 2017

South Koreans spent a record high overseas last year as more people opted to go on overseas trips, data from the central bank showed Sunday. According to the data compiled by the Bank of Korea, Sout...