economic recovery

President-elect Yoon Suk-yeol pledges to build South Korea into what he dubs a global 'pivotal' power that contributes to freedom, peace, and prospe...

South Korea’s gross national income (GNI) per capita hit a record high last year on strong economic growth, as well as the firm won currency a...

South Korea logged a trade surplus in February on strong exports after deficits in the previous two months, the recovery remained fragile, given Rus...

Exchange-traded funds (ETFs) have been solidifying their position in the investment market of Korea for the past years. Individual investors in Sout...

South Korea recorded 4% economic growth in 2021 – its highest jump in 11 years – according to the country’s central bank. The Ban...

. South Korea's economy is estimated to have grown 4 percent last year, the highest growth rate in 11 years, as consumption and exports bounced back...

Netflix Inc. plans to release 10 additional Korean-language originals this year as the smash success of Squid Game has impelled the world’s to...

South Korea’s gross national income (GNI) per capita is expected to surpass $35,000 to a record high this year on strong economic growth, surg...

Japanese companies operating in South Korea are making a comeback after being hit hard by a campaign that began in mid-2019 to boycott Japanese prod...

South Korea’s Hyundai Engineering Co. and Hyundai Engineering & Construction Co. (Hyundai E&C), both carmaker giant Hyundai Motor Gr...

The diesel exhaust fluid crisis hitting South Korea across various industries lays bare the supply chain vulnerability of the country, which has hea...

South Korea’s economy expanded slower than expected in the third quarter on sluggish private consumption and capital expenditures offset healt...

Cash-strapped South Korean budget airlines are rushing to raise money in the local stock market on growing hopes for a travel recovery as government...

Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...

Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...

Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...

The COVID-19 pandemic has dampened South Korea's growth potential between this year and the next by 0.2 percentage points to its historic low of 2.0...

South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...

South Korea’s government proposed a record high spending for 2022 to reinforce a recovery in Asia’s fourth-largest economy despite a wid...

The rising inflationary risk in the US, fueled by strong recovery from the pandemic-induced slowdown, is likely to be short-lived and modest, and in...

Hyundai Heavy Industries Co. got approval for an initial public offering (IPO) from South Korea’s stock exchange. The country’s top ship...

South Korean merchant liner SM Line Corp. has filed for a preliminary review by the Korea Exchange of its plan to go public on the junior Kosdaq mar...

The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...

South Korea’s leading multiplex cinema chain CJ CGV has received 16.2 trillion won ($14.5 billion) in investor demand for the perpetual conv...

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

Samsung Group, Hyundai Motor Group, SK Group and LG Group, companies unofficially accompanying South Korean President Moon Jae-in on his state visit...

Hyundai Motor Co. has devised ambitious plans for this year to rescue its declining commercial vehicle segment. The company will undergo organizatio...

South Korea’s central bank will launch a new economic index based on analysis of online business news articles. The Bank of Korea said on Apr....

The rules of economic growth have changed. From the disruption of the COVID-19 pandemic, governments have emerged with renewed sense of purpose, activ...

A senior investment manager of the Korea Investment Corporation (KIC) said on Thursday that the global economy may return to pre-pandemic levels lat...