Korea
Korea logs first deficit for diesel vehicle trade
SEOUL: Korea posted the first deficit ever for diesel car trade in 2015 on rising imports, industry data showed Monday....
Korea, Iran boost business ties
TEHRAN: The economic outcome of President Park Geun-hye’s landmark state visit to Iran is expected to be worth $45.6 billion,...
S. Korea’s manufacturing sentiment surges to 11-month high for May
SEOUL: South Korean manufacturers' business sentiment climbed to an 11-month high for May, a poll showed Friday, apparently reflecting what...
South Korea cuts natural gas rates by 6% on lower LNG import costs
SEOUL: South Korea will cut retail natural gas prices for households and industry by an average of 5.6% from May...
Bank lending rates on household loans rise in March
SEOUL: Bank lending rates on new household loans climbed from a month earlier in March while interest paid on fresh...
South Korea seeks to double crude imports from Iran
SEOUL: A new report says South Korea intends to more than double its imports of crude oil and natural gas...
South Korea Q1 GDP slows on weak capex, exports
SEOUL: South Korea's economic growth halved in the first quarter from the previous three-month period as poor exports and stumbling...
Korea’s terms of trade further improve in March
SEOUL: Korea's terms of trade continued to improve in March from a year earlier as export prices rose at a...
Korea’s vehicle exports decrease 12.4%
SEOUL: Korea’s exports of vehicles decreased 12.4 percent year on year in the first quarter of this year, according to...
S.Korea’s auto exports post double-digit fall in Q1
SEOUL: South Korea's auto exports posted a double-digit fall in the first quarter due to soft demand from oil-exporting countries,...
South Korea announces first state visit to Iran
SEOUL: Park Geun-Hye will become the first South Korean president to visit Iran next month, her office has announced, as...
South Korea’s s-oil says refining margins to stay healthy in Q2
SEOUL: South Korea's S-Oil Corp said on Thursday it expects refining margins to stay solid in the April to June...
S. Korea’s exports of used cars spike over 20% in Q1
SEOUL: South Korea's exports of used vehicles jumped over 20 percent on-year during the first quarter, helped by the weak...
Korea focusing on premium food exports
SEOUL: Korea should focus more on exporting value-added, processed food products to Japan, China and elsewhere to nurture its agriculture...
Iran, S. Korea to pen 3 MOUs on energy co-op
TEHRAN: Tehran and Seoul will sign three agreements for cooperation in energy sector along with the upcoming South Korean President...
South Korea announces first state visit to Iran
SEOUL: Park Geun-Hye will become the first South Korean president to visit Iran next month, her office announced Monday, as...
S.Korea’s crude imports from Iran surge
SEOUL: South Korea's imports of Iranian crude oil surged 81 percent in March from the same month a year earlier...
S.Korea’s Iran crude imports surge over 80% in March
SEOUL: South Korea's imports of Iranian crude oil surged 81 percent in March from the same month a year earlier...
S.Korea’s March coal imports up 5% YOY
SEOUL: South Korea's coal imports rose 5 percent in March from the same month a year earlier, customs data showed...
South Korea opposition wins parliamentary elections
SEOUL: South Korea's main opposition party won a surprise victory in general election, ending the the conservative ruling party's 16-year...
