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    INTERVIEWYim Si-wan went extra mile to portray legendary athlete in 'Road to Boston'

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    S. Korea to stage massive military parade as tensions with North remain high

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    Seoul, Beijing try to mend fences as Russia and N. Korea grow closer

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    The ethical issues of AI: fighting the right battles

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    Low growth becomes new normal for Korean economy

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    4 in 10 Koreans experience overdue wages: survey

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Tue, September 26, 2023 | 01:43
Value of outstanding derivatives-tied securities down in H1 amid bullish global stock markets
Value of outstanding derivatives-tied securities down in H1 amid bullish global stock markets
The outstanding value of derivatives-tied securities issued in Korea dropped below the 100 trillion won ($75.4 billion) mark in the first half of the year, on the upbeat stock markets of major economies, data showed Friday.
2023-09-15 11:04
Korea's economic slowdown to ease on improving exports: finance ministry
Korea's economic slowdown to ease on improving exports: finance ministry
Korea's economic slowdown appears to be gradually easing on signs of a recovery in exports, the finance ministry said Friday, although volatility in global raw material prices is a threat.
2023-09-15 11:03
Inflation set to ease in Oct. amid oil price woes: finance minister
Inflation set to ease in Oct. amid oil price woes: finance minister
Korea's inflation is anticipated to begin slowing down next month amid lingering woes over soaring oil prices, the top economic policymaker said Friday.
2023-09-15 09:27
  • Oil prices creep higher, raise inflation concerns
Korea, Africa to bolster private sector cooperation under market-driven economic vision
Korea, Africa to bolster private sector cooperation under market-driven economic vision
BUSAN - Korea will bolster cooperation with the African private sector, in line with a market-driven economic vision addressed by President Yoon Suk Yeol, First Vice Finance Minister Kim Byoung-hwan said Thursday.
Yi Whan-woo | 2023-09-14 16:24
  • INTERVIEWKorea urged to employ young Africans to tackle demographic challenges
[INTERVIEW] Korea urged to employ young Africans to tackle demographic challenges
INTERVIEWKorea urged to employ young Africans to tackle demographic challenges
BUSAN - Recording the world's lowest fertility rate each year since 2013, Korea is struggling with a looming demographic crisis. In 2022, the country's fertility rate dropped to a new low of 0.78.Accordingly, the number of economically-active ...
Yi Whan-woo | 2023-09-14 16:23
  • Korea, Africa to bolster private sector cooperation under market-driven economic vision
FSS governor spearheads campaign promoting 'K-Finance' in Europe
FSS governor spearheads campaign promoting 'K-Finance' in Europe
Financial Supervisory Service (FSS) Governor Lee Bok-hyun has showcased strengths of the Korean financial sector to global investors during his European tour, highlighting the values of credibility, innovation and openness as the core of the industry. Lee also stressed the financial authorities will further enhance market accessibility and convenience of global investors to t...
Anna J. Park | 2023-09-14 16:06
[CONTRIBUTION] Korea-Africa cooperation ushers in new chapter for further advancement
CONTRIBUTIONKorea-Africa cooperation ushers in new chapter for further advancement
Africa, a region endowed with abundant natural resources and a young population, has high growth potential, so much so that it is seen as the “last emerging market of the 21st century.”
2023-09-14 16:01
Korean housing still overpriced: BOK
Korean housing still overpriced: BOK
The Bank of Korea (BOK) raised concerns, Thursday, that the housing market in Korea remains overpriced compared to people's incomes. According to the central bank, the average household would need to save 26 years of annual income to afford a home.
Lee Yeon-woo | 2023-09-14 15:17
BOK to keep restrictive stance, review need for further rate hike
BOK to keep restrictive stance, review need for further rate hike
Korea's central bank said Thursday it will continue to maintain its current restrictive policy stance, given still high inflation, while judging whether an additional rate hike is needed.
2023-09-14 13:50
Korea's imports of Chinese urea go without hitch: industry ministry
Korea's imports of Chinese urea go without hitch: industry ministry
Korea has imported urea from China normally and the domestic supply remains stable, Seoul's industry ministry said Thursday, dismissing concerns of a shortage over some exporters' recent cut in shipments of the industry substance.
2023-09-14 13:39
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Top 10 Stories
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4SK earthon begins crude oil production in South China Sea SK earthon begins crude oil production in South China Sea
5Homeplus' private brand products hit store shelves in Mongolia Homeplus' private brand products hit store shelves in Mongolia
6[EXCLUSIVE] Lawmakers to submit resolution urging China to free N. Korean escapeesEXCLUSIVELawmakers to submit resolution urging China to free N. Korean escapees
7LG Uplus, Hanwha develop ceiling-mounted EV charging system LG Uplus, Hanwha develop ceiling-mounted EV charging system
8K-pop fans rally in Seoul against luxury brands' failure on climate action K-pop fans rally in Seoul against luxury brands' failure on climate action
9Korean gov't faces international criticism for R&D budget cuts Korean gov't faces international criticism for R&D budget cuts
10Main opposition chief in showdown with prosecutors over arrestMain opposition chief in showdown with prosecutors over arrest
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