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Korean economy grows 3.1% in 2017

The South Korean economy expanded a three-year high of 3.1 percent in 2017 on growth in construction and facility investment, with the real gross national income per capita closing in on the US$30,00...

Mar 28, 2018
Economy
State pension eyes actively exercising shareholder rights

South Korea's state pension fund operator will push for actively exercising its rights as major shareholders of invested firms to promote the interests of subscribers in the mid and long term, a repo...

Mar 27, 2018
Economy
Korea to walk a tightrope in US-China trade row

Negotiations with China and Japan on a trilateral free trade agreement could provide Korea with a framework instrumental in coping with rising global protectionism, experts say. Intensifying trade c...

Mar 26, 2018
Economy
Govt. to focus on boosting job creation, low birth rate in mapping out 2019 budget

The government's fiscal policy for next year will be centered on boosting job creation and innovative growth, while at the same time tackling South Korea's low birthrate trend and aging society, the ...

Mar 26, 2018
Economy
S. Korea's economy contracted 0.2% in Q4: Moody's

The South Korean economy likely contracted in the final three months of last year due largely to a slowdown in exports and construction investment, a leading provider of economic analysis said Sunday...

Mar 25, 2018
Economy
Loss-making public institutions post 10 tln won deficit

South Korea's loss-making public institutions posted a combined deficit of nearly 10 trillion won ($9.3 billion) over the past five years, due mainly to unprofitable overseas energy-development proje...

Mar 24, 2018
Economy
Trump: 'Very close' to trade deal with S. Korea

US President Donald Trump said Friday that the US is "very close" to resolving a trade row with South Korea, hinting at an announcement next week. The president was apparently referring to the reneg...

Mar 24, 2018
Economy
Korea, China, Japan hold new trade talks amid rising protectionism

South Korea, China and Japan held a new round of trade talks on Friday in Seoul in the latest push to work out differences for a free trade deal amid rising trade protectionism. Trade officials will...

Mar 23, 2018
Economy
Korean steelmakers queasy despite US tariff move

South Korean steelmakers remain jittery about their exports to the United States despite Washington's move to temporarily exempt Seoul from heavy tariffs on steel imports, industry sources said Frida...

Mar 23, 2018
Economy
US temporarily exempts Korea from steel tariffs

WASHINGTON -- The United States will temporarily exempt South Korea from stiff tariffs on steel imports, a top US trade official said Thursday, following weeks of lobbying by South Korean officials. ...

Mar 23, 2018
Economy
US’ tightening raises rate hike pressure for BOK

The United States’ latest decision to nudge up its key interest rate and the consequent “reversal” of policy rates with South Korea appeared Thursday to have a limited impact on Asia’s fourth-largest...

Mar 22, 2018
Economy
N. Korea's nuclear tests caused depreciation of Korean won: report

The South Korean currency depreciated at a sharp clip due to the nuclear tests conducted by North Korea last year, a central bank report showed Thursday. The report published by the Bank of Korea ex...

Mar 22, 2018
Economy
Korea, China begin follow-up FTA talks on services, investment

South Korea and China on Thursday began the first round of talks to expand the scope of the bilateral free trade agreement to better cover the service and investment sectors and increase business opp...

Mar 22, 2018
Economy
US rate hike expected to have little impact on Korean market

South Korea's central bank chief said Thursday that the latest interest rate hike in the United States will have little impact on the South Korean market. "The US Federal Reserve's decision met mark...

Mar 22, 2018
Economy
Korea vulnerable to global trade war

Concerns are rising that Korea, which is heavily dependent on exports for growth, will become the biggest victim of a looming global trade war prompted by US protectionist measures and retaliatory mo...

Mar 21, 2018
Economy

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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