DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer...
Tag : South Korea
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains on foreign-currency assets and stronger securities prices lifted results. The...
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax leading the increase in receipts. Finance ministry data showed tax...
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
MENA Newswire, SEOUL: Online shopping sales in South Korea reached a record 24.15 trillion won (US$16.75 billion) in November, marking a 6.8 percent increase from the same period a year earlier, according to data released by the Ministry of...
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber,...
South Korea will invest $285M in AI, cybersecurity, and energy tech by 2031, aiming to drive innovation and industrial growth, according to the Ministry of Trade, Industry, and Energy....
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South Korea....
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and OECD estimates....
South Korea saw a 5.9% rise in childbirths in August, marking the second consecutive month of increase amid ongoing concerns over low birth rates and the country's aging population....