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Seoul gets ready for Washington's hearing on auto tariffs

South Korea's trade ministry is working on finalizing the members of the delegation for Washington's public hearing on auto tariffs slated for later this month, industry sources said Sunday. The Min...

Jul 8, 2018
Economy
Seoul stock index may fall to 2,200 as US slaps tariffs on Chinese goods

South Korea's main stock index may fall to the 2,200 level next week due to a trade war that was kicked off by the United States applying tariffs on $34 billion worth of Chinese goods, analysts here ...

Jul 7, 2018
Economy
BOK expected to freeze key rate at 1.5% for July: Moody's

South Korea's central bank will likely hold its policy rate unchanged at the current 1.5 percent at its upcoming monetary meeting next week due to still low inflation pressure and rising uncertaintie...

Jul 7, 2018
Economy
Korea braces for impact from US-China trade war

South Korea is bracing for the impact of the opening blows in the United States’ trade war with China, while playing down the possibilities of immediate setbacks. Starting Friday at 1 p.m. Korean ti...

Jul 6, 2018
Economy
Moon govt. pushes real estate tax hike, dithers financial income tax

Multiple home owners may face a maximum tax hike effect of 2.8 percent from next year

Jul 6, 2018
Economy
US import restrictions to dent S. Korean exports

US restrictions on imports of South Korean steel, washing machines and solar cells are expected to cost Asia's fourth-largest economy more than $2.4 billion in lost exports over the coming years, a p...

Jul 5, 2018
Economy
[Herald Interview] S. Korea's IP leadership to play key role in innovative growth: KIPO chief

South Korea’s leading status in the intellectual property sector will serve as an indispensable tool in attaining the country’s economic visions, such as innovative growth, job creation and fair mark...

Jul 4, 2018
Economy
Time running out for regulatory reforms

President Moon Jae-in’s administration is running short of time to carry out regulatory reforms that are urgently needed to bolster the sluggish economy, experts say. Over the past year, it has push...

Jul 4, 2018
Economy
Presidential panel to tighten grip over affluent real estate owners

A special presidential panel on Tuesday announced its fiscal reform plan, in accordance with the Moon Jae-in administration’s recently renewed pledge to reduce income disparity and achieve income-led...

Jul 3, 2018
Economy
Foreigners focus more on global risks before investing in S. Korea: report

Foreign investors tended to focus more on global and national risk factors than on the interest rate spread with the United States before making investments in the South Korean bond market, a report ...

Jul 3, 2018
Economy
S. Korea's consumer prices up 1.5% in June

South Korea's consumer price growth continued to stay above 1 percent in June on a rise of agricultural goods and the service sector, government data showed Tuesday. The country's consumer price ind...

Jul 3, 2018
Economy
Weakening won poses new risks to Korean economy

The weakening of the won in recent weeks carries both benefits and risks for the Korean economy that is being held back by a simultaneous downturn in investment, consumption and exports. Policymaker...

Jul 2, 2018
Economy
S. Korea may not attain 3% growth target in 2018 amid myriad of challenges: observers

South Korea may not be able to meet its 3 percent growth target this year amid a host of challenges ranging from poor employment figures to weak investment and consumption, local observers said Sunda...

Jul 1, 2018
Economy
Korea's exports nearly flat in June

South Korea's exports exceeded $50 billion for the four consecutive months to June, but fell slightly compared with a year earlier due to high base effect and fewer working days, government data show...

Jul 1, 2018
Economy
Unemployment benefit payouts up 20% Jan.-May amid job crisis

South Korea's employment agency said Saturday the combined amount of unemployment benefit handed out to job seekers jumped more than 20 percent in the January-May period of 2018 from a year earlier. ...

Jun 30, 2018
Economy

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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