Korea
S.Korea seeks 98,650T wheat for Jan-March 2015
SEOUL: South Korea’s CJ Cheiljedang Corp and Daehan Flour Mill Co Ltd are seeking up to 98,650 tonnes milling wheat...
S. Korea’s foreign currency deposits drop to 15-month low
SEOUL: Foreign currency deposits at banks in South Korea dipped for a fifth consecutive month in September, hitting the lowest...
Samsung profit surges nearly 80% to $6.3bn in Q3
SEOUL: Samsung Electronics Wednesday flagged a nearly 80 percent jump in its third-quarter operating profit, which analysts put down to...
Samsung Electronics share price surges most in over 6 years
SEOUL: Samsung Electronics Co surged the most in more than six years after posting quarterly profit that beat estimates on...
Korea Samsung Electronics announces forecast profit for Q3
SEOUL: Samsung Electronics announced a forecast-beating profit for the third quarter Wednesday, sending its share price up nearly 9 percent,...
S.Korea secures 2027 term contracts for 23.5MMT or 62.3% of 37.7 MMT
SEOUL: South Korea has secured 2027 term contracts for 23.5 million mt or 62.3% of the 37.7 million mt it...
S Korea companies help boost investment in Vietnam
HANOI: As leaders of foreign investment in Viet Nam, most Korean investors consider themselves to be local businesses contributing to...
S.Korea Volkswagen’s Audi brand records 22 % sales jump from August
SEOUL: German carmaker Volkswagen AG , rocked by a diesel emissions scandal that erupted on Sept 18, saw its sales...
S.Korea pear exporters resume shipments to Australia
SEOUL: South Korean pear exporters will resume shipments to Australia after the ban on pear exports was lifted on Sunday,...
South Korea business confidence remains gloomy
SEOUL: Confidence among South Korean businesses remain gloomy amid concerns about the expected interest rate hike in the US, an...
S.Korea’s GNI stands at 25.19% on average during 5 years from 2009 to 2013
SEOUL: The portion of business earnings out of South Korea's gross national income is the highest among the OECD nations,...
S.Korea posts current account surplus for 42 months due to faster slide in imports
SEOUL: South Korea posted current account surplus for 42 straight months due to faster slide in imports than exports, bolstering...
S. Korea’s exports to Australia grows sharply bilateral free trade agreement
SEOUL: South Korea's exports to Australia have grown sharply since a bilateral free trade agreement went into effect last December,...
S.Korea’s crude oil imports fall 0.8 % in September 2015
SEOUL: South Korea's crude oil imports in September fell 0.8 percent from a year earlier to 76.1 million barrels, preliminary...
Imports, exports of S.Korea declines for 9 months on cheaper oil
SEOUL: Both exports and imports of South Korea declined for nine straight months on the back of cheaper oil that...
Vietnam, S.Korea signs free trade agreement in May
HANOI: Viet Nam and South Korea signed a free trade agree-ment (FTA) in May and it will take effect next...
Samsung Electronics leads global smartphone market in Q2 of 2015
SEOUL: Samsung Electronics is still the king of the global smartphone market in Q2 this year, according to new research. According...
S Korea starts fruit export to China
SEOUL: South Korea shipped 5 tons of “geobong” -- a species of grapes -- to China, marking its first-ever export...
S.Korea’s exports expected to post negative growth this year
SEOUL: South Korea's exports are expected to post negative growth this year in the wake of an economic slowdown in...
S.Korea’s crude oil imports from Iran fall 2.7 % in August
SEOUL: South Korea's crude oil imports from Iran fell 2.7 percent in August from a year earlier, while its total...
