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Korea Makes Progress found in Global Competitiveness Ranking
Korea rose five notches to 23rd place in global competitiveness rankings by the Institute for...
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KOSPI Recovers to 2,100 Points
The Korea Composite Stock Price Index rose for a fourth session on Wednesday to close...
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Smaller SUV Boom Continues
Compact and other small SUV are enjoying a boom in the domestic auto market.Korea's five...
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Foreigners Keep Dumping Korean Stocks
The Korea Composite Stock Price Index has risen 33 percent in only two months after...
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Most Jobseekers Now Willing to Work for Smaller Firms
Eight out of 10 jobseekers are actually ready to work for smaller businesses despite an...
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Tesla Becomes 3rd Biggest Car Exporter to Korea
Tesla has increased to the No. 3 location in sales of imported automobiles in Korea.According...
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Korea Suffers Biggest Decline in Private Consumption
Korea saw the largest drop in private consumption on record this past year even prior...
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Temporary Unemployment Could Become Permanent
A record 1.61 million were temporarily out of work last month, and there are fears...
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Economy in Biggest Plunge Since Global Financial Crisis
Korea's economy shrank 1.4 percent through the first three months of the year, the largest...
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Moon Pledges Support for Shipping Industry
President Moon Jae-in on Thursday pledged to spare no effort to greatly help Korea's shipping...
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Budget Carriers Boost Domestic Flights Despite Losses
Low-cost carriers in Korea are boosting domestic flights to remain afloat after putting many staff...
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Unprecedented Economic Downturn Forecast This Year
The Korea Economic Analysis Institute forecasts that the country's economy will shrink an impressive 2.3...
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Korean Air Chief Fends off Coup Attempt from Sister
The National Pension Service has decided to vote with Hanjin Group chairman Cho Won-tae in...
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Korea Urged to Forge Currency-Swap Deals with U.S., Japan
The coronavirus epidemic has raised fears that Korea has neglected currency-swap agreements with other countries...
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Won Weakens to 10-Year Low
The Korean won weakened to the cheapest level against the U.S. dollar in ten years...
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Coronavirus Fears Sap Stock Investor Sentiment
The World Health Organization's declaration of a coronavirus pandemic has sent the U.S. currency markets...
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Exports Fall Again After Quick Rebound
Korea's daily exports fell 2.5 percent on-year in the first 10 times of this month...
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Travel Agents Face Mass Bankruptcies
The travel industry is veering ever closer to mass bankruptcy as the coronavirus scare keeps...
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Global Companies Restrict Operations in Korea
Global companies with branch offices in Korea are restricting their businesses here or have even...
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Korea's Growth Could Plummet to Zero If Coronavirus Drags on
Korea's economical growth rate could fall below to zero this season as a result of...
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Production Halted Again at Hyundai's Ulsan Plant
Hyundai is halting production at among its factories again due to a shortage of parts...
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Korean Air Heiress Goes to War with Brother
Sibling rivalry in the Korean Air owner family has escalated into war, with disgraced heiress...
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Businesses Brace for Coronavirus Shock
Korean businesses are bracing for the impact of the coronavirus outbreak, making plans to evacuate...
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Korea's Necktie Business Dying out
The necktie business is dying out in Korea as the country now widely accepts more...
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Lotte Founder Dies at 99
Lotte founder Shin Kyuk-ho died on Sunday of a chronic illness. He was 99.Born in...