Korea
South Korea imports 60% of steel from China in March
SEOUL: South Korea has imported its 60% of steel from China during March to meet the domestic demand. According to the...
South Korea’s export prices fall to lowest
SEOUL: In local currency terms, the export price index, which gauges export prices with the base year of 2010, retreated...
Korean cultural exports hit $2.82 bln in 2015
SEOUL: Hallyu or the Korean Wave is still highly popular in the Philippines based on a study done by The...
S. Korea’s steel imports from China up in March
SEOUL: South Korea's imports of steel products from China grew in March from a year earlier, accounting for over 60...
S. Korea’s economy steadily rebound from slump
SEOUL: South Korea's economy seems to be steadily rebounding as some major indicators are showing signs of improving from their...
Korean stocks down 0.1% on profit taking
SEOUL: South Korean stocks shed 0.1 percent on Friday as institutional investors opted to lock in recent gains following overnight...
Tsingtao tops import beer sales in S. Korea
SEOUL: The Chinese beer Tsingtao has emerged as the No. 1 import brand in South Korea at a leading supermarket...
S. Korean rice hits Chinese shelves for first time
SEOUL: South Korean rice hit shelves in Beijing for the first time in history on Thursday to meet rising Chinese...
Anbang agrees to buy Allianz’s operations in South Korea
SEOUL: Anbang Insurance Group Co., which walked away from a bid to acquire Starwood Hotels & Resorts Worldwide Inc. last...
Korea’s national debt up 53.5 tln won in 2015
SEOUL: Korea's national debt rose by 53.5 trillion won ($46.7 billion) in 2015 from a year earlier as the government...
S.Korea’s WP buys 45,000 tons of fuel oil for April
SEOUL: Korea Western Power Co Ltd (WP) has bought 45,000 tonnes of high sulphur fuel oil for arrival in April...
S. Korean exports drop to $42.98 bln in March
SEOUL: Improved shipments of smartphones and steel in March helped South Korea post its slowest decline in exports for four...
South Korea‘s export decline slows in March
SEOUL: South Korea’s exports continued to contract from a year earlier in March, but the rate of decline slowed from...
S.Korea crude oil imports rise 2.3% in March
SEOUL: South Korea's crude oil imports rose 2.3 percent in March from a year earlier to 84.1 million barrels, preliminary...
S. Korea’s industrial output rebounds in Feb
SEJONG: South Korea's industrial output rebounded in February to snap a three-month losing streak on a rise in the chip...
S. Korea’s beer imports hit record high in 2015
SEOUL: South Korea imported a record amount of beer last year as more consumers preferred various flavors beyond the lager-dominated...
S. Korea to cut discretionary spending by 10% in 2017
SEJONG: South Korea has decided to cut the discretionary spending of government agencies by 10 percent next year in a...
S. Korea-China FTA boosts trade
SEOUL: A recent study has reported that South Korean exports of items benefitting from high tariff cuts under the South...
S. Korea’s per capita income shrinks in 2015
SEOUL: South Korea's per capita income dropped in 2015 from the previous year, marking the first on-year drop in six...
South Korea stocks fall as economy slows
SEOUL: South Korean stocks are falling after fresh data showed Asia's fourth-largest economy is continuing to slow down. Gross domestic product...
