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Global credit appraiser S&P Global Ratings forecasts 5% inflation for S. Korea this year

S&P projects South Korea's annual inflation to hit five-percent this year. Its latest report cited higher energy and commodity prices as key factors. The global rating gency forecasts the nation's econ...

2022-07-04 21:41:36 KST
Global credit appraiser S&P Global Ratings forecasts 5% inflation for S. Korea this year

S&P projects South Korea's annual inflation to hit five-percent this year. Its latest report cited higher energy and commodity prices as key factors. The global rating gency forecasts the nation's econo...

2022-07-04 19:47:54 KST
02:12
From food nearing expiration to returned items, consumers turn to opportunities for discounted items amid inflation

In response to inflation, people are looking for ways to save money. When it comes to food, there are even apps for discounts on items at store that are about to expire or returned goods. Kim Do-yeon ...

2022-07-04 19:03:16 KST
01:50
Korea Power Exchange concerned that record power usage in June could result in demand exceeding reserve capacity supply

The summer heat wave that began last month in Korea has already caused record-high electricity demand. Some experts fear demand could exceed supply and result in the first power alerts since 2013. Shi...

2022-07-04 19:02:58 KST
00:32
S. Korea's Finance Minister and BOK governor expect economic risks to continue

The nation's Finance and the central banker plans to strengthen cooperation to address what they call the country's "complex economic risks." Finance Minister Choo Kyung-ho, BOK Governor Rhee Chang-yong...

2022-07-04 19:01:59 KST
02:08
S. Korea-Japan Business Council held in Seoul for first time in 3 years

President Yoon Suk-yeol says Business exchanges, cooperation and dialogue between South Korea and Japan will help improve bilateral ties. That's coming from President Yoon at a meeting ofbusinesses lead...

2022-07-04 19:01:51 KST
S. Korea's Finance Minister and BOK governor expect economic risks to continue

South Korea's Finance Minister and the head of the central bank will strengthen their cooperation to address the country's "complex economic risks". Finance Minister Choo Kyung-ho,Bank of Korea Govern...

2022-07-04 17:38:32 KST
00:33
Sickness allowance given to employees unable to work due to sickness, injury starting Monday

The South Korean government has launched a year-long trial project, starting today, guaranteeing employees sick pay of up to 60 percent of the minimum wage. Run by the Health Ministry, the new system w...

2022-07-04 17:14:42 KST
00:37
S. Korea-Japan Business Council held in Seoul first time in 3 years

Representatives of businesses from South Korea and Japan held their first official meeting in three years in Seoul today. This is the Korea-Japan Business Council, convened by South Korea's Federati...

2022-07-04 16:34:16 KST
07:24
In-depth: Global market wrap-up

Time now for an in-depth look at the market news this afternoon. And for that, I'm joined on the line by Dr. Yang Jun-sok, Professor of Economics at The Catholic University of Korea. Professor Yang, g...

2022-07-04 13:39:52 KST
00:39
S. Korea hosts 17th Seminar on Financial Development in Asia and Korea

This week and next, South Korea is hosting the Seminar on Financial Development in Asia and Korea, an event for economy-related officials from a number of Asian nations. It began today, and the Minist...

2022-07-04 13:20:17 KST
S. Korea hosts 17th Seminar on Financial Development in Asia and Korea

South Korea is hosting the Seminar on Financial Development in Asia and Korea, from Monday, for economy related officials from a number of Asian nations. The Ministry of Economy and Finance announced, ...

2022-07-04 12:35:21 KST

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Global credit appraiser S&P Global Ratings forecasts 5% inflation for S. Korea this year

S&P projects South Korea's annual inflation to hit five-percent this year. Its latest report cited higher energy and commodity prices as key factors. The global rating gency forecasts the nation's econ...

Global credit appraiser S&P Global Ratings forecasts 5% inflation for S. Korea this year

S&P projects South Korea's annual inflation to hit five-percent this year. Its latest report cited higher energy and commodity prices as key factors. The global rating gency forecasts the nation's econo...

From food nearing expiration to returned items, consumers turn to opportunities for discounted items amid inflation

In response to inflation, people are looking for ways to save money. When it comes to food, there are even apps for discounts on items at store that are about to expire or returned goods. Kim Do-yeon ...

Korea Power Exchange concerned that record power usage in June could result in demand exceeding reserve capacity supply

The summer heat wave that began last month in Korea has already caused record-high electricity demand. Some experts fear demand could exceed supply and result in the first power alerts since 2013. Shi...

S. Korea's Finance Minister and BOK governor expect economic risks to continue

The nation's Finance and the central banker plans to strengthen cooperation to address what they call the country's "complex economic risks." Finance Minister Choo Kyung-ho, BOK Governor Rhee Chang-yong...

S. Korea-Japan Business Council held in Seoul for first time in 3 years

President Yoon Suk-yeol says Business exchanges, cooperation and dialogue between South Korea and Japan will help improve bilateral ties. That's coming from President Yoon at a meeting ofbusinesses lead...

S. Korea's Finance Minister and BOK governor expect economic risks to continue

South Korea's Finance Minister and the head of the central bank will strengthen their cooperation to address the country's "complex economic risks". Finance Minister Choo Kyung-ho,Bank of Korea Govern...

Sickness allowance given to employees unable to work due to sickness, injury starting Monday

The South Korean government has launched a year-long trial project, starting today, guaranteeing employees sick pay of up to 60 percent of the minimum wage. Run by the Health Ministry, the new system w...

S. Korea-Japan Business Council held in Seoul first time in 3 years

Representatives of businesses from South Korea and Japan held their first official meeting in three years in Seoul today. This is the Korea-Japan Business Council, convened by South Korea's Federati...

In-depth: Global market wrap-up

Time now for an in-depth look at the market news this afternoon. And for that, I'm joined on the line by Dr. Yang Jun-sok, Professor of Economics at The Catholic University of Korea. Professor Yang, g...

S. Korea hosts 17th Seminar on Financial Development in Asia and Korea

This week and next, South Korea is hosting the Seminar on Financial Development in Asia and Korea, an event for economy-related officials from a number of Asian nations. It began today, and the Minist...

S. Korea hosts 17th Seminar on Financial Development in Asia and Korea

South Korea is hosting the Seminar on Financial Development in Asia and Korea, from Monday, for economy related officials from a number of Asian nations. The Ministry of Economy and Finance announced, ...

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