Korea
South Korea’s steel product imports likely to hit a new high this year
SEOUL: The POSCO Research Institute said on September 7 that South Korea’s steel product imports are likely to hit an...
Bank of Korea seen on hold in Sep before fed meets
SEOUL: South Korea's central bank is forecast to keep its benchmark interest rate unchanged at its meeting on Friday as...
S.Korea’s car imports post double-digit fall on Volkswagen scandal
SEOUL: Imports in South Korea of foreign luxury cars posted a double-digit fall last month as German carmaker Volkswagen's emissions-fabricating...
Korea needs to reinvigorate e-commerce with China
SEOUL: China’s foreign trade volume declined 7 percent but its online trade jumped 28 percent last year. On the other...
S. Korea’s GMO imports total 2.1 mln tons in 2015
SEOUL: South Korea's imports of genetically modified agricultural products posted more than 10 million tons last year, data showed Saturday,...
South Korea GDP growth in third-quarter to be slower than second-quarter
SEOUL: South Korea's growth is likely to be slower in the third quarter than the second, a finance ministry official...
South Korean exports, imports likely rebounded in August
SEOUL: South Korean exports and imports on a year-on-year basis are likely to have rebounded in August, mainly due to...
South Korean shipping giant Hanjin to enter receivership
SEOUL: South Korea's biggest shipping group Hanjin is set to enter receivership after its creditors refused to provide further funding...
S.Korea end-Q2 short-term external debt burden edges up vs Q1
SEOUL: South Korea's ratio of short-term external debt to foreign exchange reserves ticked up during the second quarter to 28.9...
South Korea, Japan to start talks on new fx swap agreement
SEOUL: South Korea and Japan said they will start talks on a new currency swap agreement after the countries' finance...
Korean banks boost investments in cultural content
SEOUL: Lee Jeung-hwan reads a movie script once a week and holds a series of meetings with his colleagues and...
South Korean Govt trying again to sell Woori bank
SEOUL: The South Korean government announced a plan to sell Woori Bank to oligopolistic shareholders. The purpose of the plan...
China’s imports from N. Korea tumble in Q1
BEIJING: China's northeastern province of Jilin saw its imports from North Korea plunge nearly 15 percent in the first quarter...
Korea scrap steel imports declined to lowest level in 3 months
SEOUL: The official statistics released by the Korean administration suggests huge drop in scrap steel import volume by the country...
S. Korea to reorganize policy on FEZs to attract more investors
SEJONG: South Korea's trade minister on Friday said the government will revamp its policy on free economic zones (FEZs) to...
South Korea’s exports to china fell for 13th consecutive month
SEOUL: The Korea International Trade Association announced on August 17 that South Korea’s exports to China totaled US$10.129 billion in...
S.Korea’s Q2 crude oil imports, domestic oil consumption climb
SEOUL: South Korea's crude oil imports rose 4.5 percent in the second quarter of 2016 from a year ago due...
S.Korea’s July coal imports down 6.5% YOY
SEOUL: South Korea's coal imports fell 6.5 percent in July compared with a year earlier, customs data showed on Tuesday....
Korea’s imports of foreign tires up 64% in 5 years
SEOUL: Korea's tire market appears to have entered a saturation phase. The sales of import tires, however, are enjoying rapid...
S.Korea’s July Iran crude imports jump over 285% YOY
SEOUL: South Korea's crude imports from Iran rose further in July to be nearly four times the level of a...
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