Korea
South Korea imports 76% ferrous scrap from Japan in Feb
SEOUL: South Korea has imported its 76% of ferrous scrap from Japan during the month of February this year, as...
Korea ferrous scrap imports decline in Feb 2016
SEOUL: As per the most recent data, the ferrous scrap imports by Korea during the month of February 2016 dropped...
S. Korean overseas card spending hits record last year
SEOUL: Credit and debit card spending overseas by South Koreans hit an all-time high last year helped by increases in...
Seoul shares set to advance in next week
SEOUL: South Korean shares are set to advance further next week as demand for risky assets will remain strong following...
South Korea thermal coal imports slump 15% in Feb
SEOUL: South Korea imported 7.1 million mt of thermal coal in February, falling 15.2% from 8.37 million mt in January...
South Korea’s steel product imports increase 10.9%
SEOUL: The Korea Iron and Steel Association announced on March 16 that South Korea imported 1.776 million tons of steel...
S. Korean imports of Iranian oil surge
SEOUL: South Korea's imports of Iranian crude oil surged 91 percent in February from a year earlier with the United...
S.Korea’s Feb Iran crude oil imports surge over 90%
SEOUL: South Korea's imports of Iranian crude oil surged 91 percent in February from a year earlier with the United...
S. Korea’s service sector accounts for 15.1% in entire exports
SEOUL: South Korea's service sector has made a relatively small contribution to the country's entire exports for years, lagging far...
South Korea resumes poultry meat exports to Hong Kong
SEOUL: South Korea has resumed poultry meat exports to Hong Kong for the first time in nearly two years after...
S. Korea’s import prices rise first in 8 months
SEOUL: South Korea's import prices rose for the first time in eight months due to a rebound in crude oil...
Korea’s ICT exports dip 9.8% in Feb
SEOUL: Korea's exports of information communication technology (ICT) goods dropped almost 10 percent last month, led by a continued slump...
Foreign currency deposits in S. Korea reduce on import settlement
SEOUL: Foreign currency deposits in South Korea reduced last month due to soft demand for Chinese yuan deposits and withdrawal...
Korea’s automobile exports shrink in Feb
SEOUL: Korea's automobile exports shrank for four consecutive months in February due mainly to contracted demand from emerging markets amid...
Foreign reinsurer expands business in Korea
SEOUL: According to industry sources, a lot of foreign reinsurance companies such as Asia Capital Reinsurance Group and Pacific Life...
Korean consortium wins $2.93B bid to build Kuwaiti LNG import terminal
SEOUL: A consortium led by Korean group Hyundai Engineering has won a 3.6 trillion won ($2.93 billion) contract from the...
South Korean economy enters slowing mode
SEJONG: The South Korean economy has entered a slowdown mode due largely to faltering exports and flaccid domestic consumption coupled...
Korea land rises 4.47% in best performance in 8 years
SEOUL: Land prices grew at the fastest pace in eight years in the past 12 months, largely because of the...
South Korea expects record coal demand in 2016
SEOUL: An increase in the number of coal-fired power plants starting operations this year will likely drive record coal demand...
South Korea plans to boost imports of Iranian oil
SEOUL: South Korea plans to boost imports of Iranian oil, especially condensate, this year to meet growing demand after sanctions...
