News
Kerosene to be traded on Local Spot Market This Month
South Korea’s bourse operator said Sunday that kerosene will be traded on its spot market later this month to further expand the country’s commodity spot trading market. Starting Oct. 26, Kerosene will begin trading from 10. A.m to 5 p.m ... Read MoreKorea’s Farm Exports Rise 4.4% on yearin Sept.
South korea exports of agricultural and processed food products gained more than 4 percent from a year earlier last month on the strength of shipments to many major markets, the government said Sunday. Outbound shipments of food and other farm ... Read MoreKorea’s export prices fall at fastest pace in 9 months
South Korea's export prices fell at the fastest clip in nine months in October as the local currency continued to gain ground against the U.S. dollar, the central bank said Tuesday. The export price index reached 82.12 last month, down ... Read MoreSurvey: S. Korea’s FTAs Seen as Largest Strength to Foreign Investors
A new survey finds that foreign investors feel that free trade agreements (FTA) are the biggest advantage when investing in South Korea. According to the survey carried out by the Korea Trade-Investment Promotion Agency on 111 foreign investors, 18 percent ... Read MoreS. Korea, China Adopt MOU on Consumer Protection
South Korea and China have adopted a memorandum of understanding (MOU) on cooperation related to consumer protection after cases of consumer damages grew in the process of e-commerce between the two countries. South Korea’s Fair Trade Commission and China’s State ... Read More
S. Korea, China, Japan to Speed up 3-Way FTA Talks
Leaders of South Korea, China and Japan have agreed to increase economic cooperation in a trilateral summit in Seoul. President Park Geun-hye reached the agreement on Sunday during the summit with Chinese Premier Li Keqiang and Japanese Prime Minister Shinzo ... Read More
South Korean Economic Growth Hits Five-Year High
South Korean economic growth hit a five-year high in the third quarter of the year, coming in ahead of estimates. The country's economy grew 2.6% in the three months to September over the same period the previous year. From the ... Read More