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Crypto investors panic as Terra ecosystem plunges in value

Crypto investors say they've lost their life savings, following the Terra collapse. One such investor in South Korea expressed concern about becoming homeless as the 550-thousand U.S. dollars that he...

2022-05-17 10:01:50 KST
Polarization between conglomerates and SMEs intensifying due to prolonged pandemic

This is one of the biggest foundry sites located in the capital area. Foundries here create parts and molds for cars, robots, and boats by heating scrap metal. It requires rigorous labor, but these...

2022-05-17 10:01:47 KST
00:48
S. Korea's top conglomerates record sales exceeding 700 tril. won mark for first time

Sales by South Korea's top conglomerates in the first quarter exceeded 700-trillion won or about 5-hundred-50 billion U.S. dollars for the first time on record. Data from research institute CEO...

2022-05-17 10:00:13 KST
02:57
S. Korea's exports of eco-friendly cars hit record high in April

Despite the ongoing disruption to global supply chains, South Korea's exports of eco-friendly cars hit a record high in April, posting an increase for the 16th straight month. The Ministry of Trad...

2022-05-17 08:02:44 KST
00:39
Price of wheat jumps following India's temporary export ban

The price of wheat climbed sharply to a two-month high following a temporary export ban by India, the world's second largest producer. Bloomberg reports wheat futures on the Chicago Board of Trade ro...

2022-05-17 05:01:44 KST
Korean Air to raise fuel surcharges to another record high in June

With oil prices soaring, South Korea's flagship carrier, Korean Air, is set to raise its fuel surcharge to another record high next month on international flights. According to Korean Air, thi...

2022-05-16 21:03:27 KST
Price of wheat jumps following India's temporary export ban

The price of wheat has climbed sharply to a two-month high following a temporary export ban by India, the world's second largest producer. Bloomberg reports that wheat futures on the Chicago Boa...

2022-05-16 20:40:41 KST
07:06
[NEWS IN-DEPTH] Cryptocurrencies in crisis after collapse of Terra Luna

The past week has seen hundreds of billions of dollars wiped out as the prices of cryptocurrencies big and small fell sharply. A pair of tokens that contributed to this crisis of confidence in the cryp...

2022-05-16 17:08:05 KST
00:48
BOK governor says 50bp rate hikes 'not completely off the table'

South Korea could be about to see interest rates rise faster than the traditional 25 basis points at the Bank of Korea's meetings later this year. BOK Governor Rhee Chang-yong said Monday that a 50...

2022-05-16 17:06:37 KST
00:37
Korean Air to raise fuel surcharges to another record high in June

With oil prices soaring, South Korea's flagship carrier, Korean Air, is set to raise its fuel surcharge to another record high next month on international flights. According to Korean Air, this will ...

2022-05-16 14:54:24 KST
07:26
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...

2022-05-16 13:21:04 KST
00:36
Finance Minister Choo Kyung-ho meets BOK governor Lee Chang-yong to discuss policy coordination

South Korea's new Finance Minister, Choo Kyung-ho, met today for the first time officially with the new Bank of Korea Governor Lee Chang-yong, and they reportedly agreed that the government and the ...

2022-05-16 12:11:19 KST

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S. Korea's top conglomerates record sales exceeding 700 tril. won mark for first time

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Crypto investors panic as Terra ecosystem plunges in value

Crypto investors say they've lost their life savings, following the Terra collapse. One such investor in South Korea expressed concern about becoming homeless as the 550-thousand U.S. dollars that he...

Polarization between conglomerates and SMEs intensifying due to prolonged pandemic

This is one of the biggest foundry sites located in the capital area. Foundries here create parts and molds for cars, robots, and boats by heating scrap metal. It requires rigorous labor, but these...

S. Korea's top conglomerates record sales exceeding 700 tril. won mark for first time

Sales by South Korea's top conglomerates in the first quarter exceeded 700-trillion won or about 5-hundred-50 billion U.S. dollars for the first time on record. Data from research institute CEO...

S. Korea's exports of eco-friendly cars hit record high in April

Despite the ongoing disruption to global supply chains, South Korea's exports of eco-friendly cars hit a record high in April, posting an increase for the 16th straight month. The Ministry of Trad...

Price of wheat jumps following India's temporary export ban

The price of wheat climbed sharply to a two-month high following a temporary export ban by India, the world's second largest producer. Bloomberg reports wheat futures on the Chicago Board of Trade ro...

Korean Air to raise fuel surcharges to another record high in June

With oil prices soaring, South Korea's flagship carrier, Korean Air, is set to raise its fuel surcharge to another record high next month on international flights. According to Korean Air, thi...

Price of wheat jumps following India's temporary export ban

The price of wheat has climbed sharply to a two-month high following a temporary export ban by India, the world's second largest producer. Bloomberg reports that wheat futures on the Chicago Boa...

[NEWS IN-DEPTH] Cryptocurrencies in crisis after collapse of Terra Luna

The past week has seen hundreds of billions of dollars wiped out as the prices of cryptocurrencies big and small fell sharply. A pair of tokens that contributed to this crisis of confidence in the cryp...

BOK governor says 50bp rate hikes 'not completely off the table'

South Korea could be about to see interest rates rise faster than the traditional 25 basis points at the Bank of Korea's meetings later this year. BOK Governor Rhee Chang-yong said Monday that a 50...

Korean Air to raise fuel surcharges to another record high in June

With oil prices soaring, South Korea's flagship carrier, Korean Air, is set to raise its fuel surcharge to another record high next month on international flights. According to Korean Air, this will ...

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...

Finance Minister Choo Kyung-ho meets BOK governor Lee Chang-yong to discuss policy coordination

South Korea's new Finance Minister, Choo Kyung-ho, met today for the first time officially with the new Bank of Korea Governor Lee Chang-yong, and they reportedly agreed that the government and the ...

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269,510 new COVID-19 cases reported in N. Korea over past day: State media

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