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Wed, July 6, 2022 | 04:23
Ex-Bank of Korea chief takes helm of Yuhan Foundation
Ex-Bank of Korea chief takes helm of Yuhan Foundation
Former Bank of Korea Governor Kim Choong-soo has taken office as the new leader of the Yuhan Foundation amid hopes that the economics expert will help the non-profit organization fulfill its role further under his three-year tenure. Starting from Tuesday, Kim started his role as the new chairman of the educational and social organization. He is widely known for his economic e...
Lee Min-hyung | 2022-06-16 14:52
Korea's national debt tops 1,000 trillion won for 1st time
Korea's national debt tops 1,000 trillion won for 1st time
Korea's national debt surpassed the 1,000 trillion won ($781.07 billion) mark for the first time ever amid the government's expansionary fiscal spending to support the economic recovery, data showed Thursday.
2022-06-16 11:34
Import prices up in May due to rising oil prices
Import prices up in May due to rising oil prices
Korea's import costs grew in May as crude oil prices increased, central bank data showed Thursday.
2022-06-16 09:53
Gov't to closely monitor market after Fed's aggressive monetary tightening
Gov't to closely monitor market after Fed's aggressive monetary tightening
The government will keep close tabs on the financial market following the Federal Reserve's overnight rate hike decision as worries are growing over heightening volatility from the U.S.' aggressive monetary tightening, the country's top financial policymaker said Thursday.
2022-06-16 09:46
Korea Times Forum features Policy Suggestions to Yoon Government
Korea Times Forum features Policy Suggestions to Yoon Government
The Korea Times will host a forum, titled "Policy Suggestions to Yoon Government," at the Korea Chamber of Commerce and Industry (KCCI) building in Seoul, June 21. The forum will discuss the Yoon Suk-yeol administration's economic vision and offer suggestions to help businesses enjoy sustainable growth.
2022-06-15 17:29
Return to normalcy campaign accelerates employment
Return to normalcy campaign accelerates employment
The country reported job growth for 15 months straight in May amid recovery momentum, but this growth may slow down due to inflation and other looming economic risks, according to officials and analysts, Wednesday. The outlook comes as Statistics Korea announced that the number of employed people nationwide increased by 935,000 year-on-year in May to mark the 15th consecutive...
Yi Whan-woo | 2022-06-15 16:55
Seoul stocks dive to fresh 19-month low amid woes over Fed's rate decision
Seoul stocks dive to fresh 19-month low amid woes over Fed's rate decision
Korean stocks sank to a fresh 19-month low Wednesday, extending their losing streak for a seventh day ahead of the U.S. Federal Reserve's interest rate decision amid high inflation and concerns over a global recession. The local currency also fell against the U.S. dollar.
2022-06-15 16:39
Rigid labor market, corporate inefficiency pull down Korea's global ranking
Rigid labor market, corporate inefficiency pull down Korea's global ranking
A rigid labor market, worsening fiscal soundness and inefficiency in government and corporate management pulled down Korea's global competitiveness ranking for the first time in four years, in an annual survey taken by one of the world's top-ranked business schools. The Ministry of Economy and Finance said, Wednesday, Korea fell by four notches to 27th place in the 2022 repor...
Yi Whan-woo | 2022-06-15 16:18
Finance minister to meet with heads of BOK, regulators over Fed's looming rate hike
Finance minister to meet with heads of BOK, regulators over Fed's looming rate hike
Finance Minister Choo Kyung-ho plans to meet with the chiefs of the central bank and the financial regulators this week to discuss the impact of the Federal Reserve's looming rate hike, his office said Wednesday.
2022-06-15 15:46
Money supply up in April as deposits grow amid rising rates
Money supply up in April as deposits grow amid rising rates
Korea's money supply grew in April as rising interest rates led to an increase in deposits, central bank data showed Wednesday.
2022-06-15 14:52
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  • Korea's inflation growth hits nearly 24-year high in June on fuel costs
  • Son Heung-min recalls experiencing racism in Germany, rejoicing at revenge in World Cup upset
  • USFK member accused of alleged DUI on motorcycle
  • US bill expresses concerns over proposed abolishment of Korean ministry of equality
  • 6 dead, 30 wounded in shooting at Chicago-area July 4 parade
  • Korea to expand nuclear power generation to 30% of total by 2030
  • Korea begins transporting country's 1st lunar orbiter to US for Aug. launch
DARKROOM
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    Afghanistan earthquake killed more than 1,000

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    Divided America reacts to overturn of Roe vs. Wade

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    Namaste: Yogis to celebrate International Yoga Day

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    Poor hit harder by economic crisis

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    Roland Garros 2022

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