Nov 18, 2015 PM EST - Diana Tomale
Global investment banks and economic research agencies predict South Korea's growth will slide down upper 2 percent next year, which is evidently lower than BOK's prediction of 3.2 percent.
Nov 10, 2015 PM EST - Czarelli Tuason
As the local currency of South Korea becomes stronger against the U.S. dollar, the export price index of the nation hits its largest decline in October since January at 82.12.
Oct 23, 2015 PM EDT - Diana Tomale
"Zombie companies" in South Korea continues to increase and exceeded 3,000 over the past five years, according to Bank of Korea.
Oct 23, 2015 PM EDT - Diana Tomale
South Korea's economy accelerates at its fastest rate in five years after an increase of 1.2 percent was recorded in the third quarter of 2015.
Oct 21, 2015 PM EDT - Czarelli Tuason
With China's 25-year low economic growth and slow shipping demand, as well as the recent MERS outbreak in South Korea, exports in South Korea have decreased by 8.3 percent from the previous year.
Sep 25, 2015 AM EDT - Czarelli Tuason
The Bank of Korea reported on Tuesday a decline of 4.3 percent in market sales of over 3,000 companies, small and big.
Sep 09, 2015 AM EDT - Czarelli Tuason
The won-dollar exchange rate closes on Monday at 1,203.70, another big drop since closing at 1,204 in July 2010.
Sep 05, 2015 AM EDT - Czarelli Tuason
The national income of South Korea drops 0.1 percent, a first in the last 4 and a half years.
Aug 29, 2015 AM EDT - Diana Tomale
BOK member said on Wednesday that opening more job opportunities will help South Korea boost its economy.
Aug 13, 2015 AM EDT - Dana Marie
For the first time, since data on loans have been compiled, South Korea’s household debt has exceeded 600 trillion won ($512 billion). Despite the government’s efforts to control borrowing, the total amount has continued to rise.
Aug 10, 2015 PM EDT - Dana Marie
The past year has seen an increase in banking and other financial transactions done through mobile devices.
Aug 06, 2015 AM EDT - Dana Marie
Making online purchases or withdrawing money from an ATM in South Korea will be more secure in the future with the introduction of iris recognition systems.
May 08, 2023 AM EDT - Serena Martinez
