The Korea Herald

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Job additions hit 18-month high in July

The number of new jobs in South Korea rose to their highest in 18 months in July on the back of a rise in employment in the health care, food and leisure-related sectors, with the jobless rate up sli...

Aug 14, 2019
Economy
Jobless rate reaches 3.9% in June, 299,000 jobs created

South Korea's jobless rate reached 3.9 percent in July despite nearly 300,000 new jobs added, government data showed Wednesday. The unemployment rate increased 0.2 percentage point from the same mon...

Aug 14, 2019
Economy
[News Focus] Uncertainty mounts over Korean food fair in Japan

State-run aT had considered withdrawing Sept. fair amid trade war: official

Aug 13, 2019
Economy
Seoul urges Central American states to quickly implement free trade deal

South Korea's trade ministry on Tuesday urged a group of five Central American countries to implement a free trade agreement with Seoul. Early this month, South Korea's parliament ratified the pact ...

Aug 13, 2019
Economy
S. Korea to adopt price ceiling on privately built flats

South Korea will adopt a controversial scheme to cap presale prices of privately built apartments in extended efforts to stabilize real estate markets, the land ministry said Monday. The ministry sa...

Aug 12, 2019
Economy
Seoul to strip Tokyo's trusted trade status in tit-for-tat measure

South Korea on Monday decided to remove Japan from its trusted trading partners, upping the ante in the trade haggling sparked by the neighboring country's export restrictions against Seoul. The tra...

Aug 12, 2019
Economy
Exports dip 22% in first 10 days of Aug.

South Korea's exports dropped 22.1 percent in the first 10 days of August mainly due to decreased shipments of semiconductors, one of the country's key items, customs data showed Monday. The country...

Aug 12, 2019
Economy
Real estate market tenses up ahead of upcoming price regulations

Tension built up in Seoul’s housing market on Sunday, a day ahead of a scheduled government announcement about details of a price ceiling system for apartment complexes in key bubble-prone areas. Th...

Aug 11, 2019
Economy
[Graphic News] Exports of cultural contents rise 8.4% in 2018

South Korea’s exports of cultural contents increased 8.4 percent in 2018 from the previous year to $9.55 billion, a government report showed. Last year’s growth came after annual average growth of 1...

Aug 11, 2019
Economy
S. Korea's growth potential poised to decline amid steady drop in exports

South Korea's growth potential has dipped to the mid-2 percent range and may further decline due to the fast aging of the population that is beginning to affect its labor force, a local think tank su...

Aug 11, 2019
Economy
Korean won tipped to face further decline after 5% dip

South Korea's local currency has dropped by one of the fastest rates in the world against the US dollar but may further decline on apparently growing demand for safer assets, data showed Sunday. The...

Aug 11, 2019
Economy
S. Korea's 2020 budget may top 510t won

South Korea's state budget may top 510 trillion won ($421 billion) next year, up some 9 percent from this year's budget, as the country seeks to boost the economy with massive fiscal spending, govern...

Aug 11, 2019
Economy
Fitch maintains S. Korea's rating at 'AA-'; outlook stable

Global credit appraiser Fitch Ratings said Friday that it has reaffirmed its rating on South Korea at "AA-" with a stable rating outlook. "South Korea's AA- rating balances robust external finances,...

Aug 9, 2019
Economy
Japan’s new whitelist rules exclude additional ‘strictly controlled’ export items for now

Revised bill to go into effect Aug. 28

Aug 7, 2019
Economy
Authorities vow to stabilize market amid volatility

Deputy PM, central bank chief allude to forex market intervention, monetary adjustment

Aug 7, 2019
Economy

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114