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Concerns over Setback in U.S.-China Trade Negotiations

It appears that trade negotiations between the U.S. and China have faced a setback. It had been speculated that U.S. President Donald Trump might hold a summit with his Chinese counterpart Xi Jinping after his second summit with North Korean ... Read More

U.S.-China Trade Talks

Today, we’ll discuss the latest face-to-face trade talks between the world’s two largest economies with Cho Yong-chan(조용찬), director of the America China Economic Research Institute. The U.S. delegation consisted of economic experts, including representatives from the departments of treasury, agriculture, ... Read More

[PROFIL] Potensi Minyak Kelapa Sawit Indonesia

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Brexit and Its Potential Impacts on Korea

The United Kingdom’s break-up with the European Union is at the center of world attention. On January 15th London time, the British Parliament voted in historic fashion to reject Prime Minister Theresa May's Brexit plan, setting a record for the ... Read More

Warning Signs for Korean Economy

From the beginning of the year, Korea sees troubling signs for the economy. The Korean economy grew 2.7 percent last year, making the slowest on-year growth in six years. The local economy has aimed at growth of the 3 percent ... Read More

Korean exports expected to fall in 2019: observers

South Korean exports are forecast to decline in 2019, as outbound shipments contracted for two months in a row, economic organizations and observers said Wednesday. The poor export showings in December and January marked the first time in 27 months ... Read More

Korean consumer prices rise 0.8% on-year in January

South Korea's consumer prices rose 0.8 percent in January from a year earlier as agricultural products stabilized and oil products fell, government data showed Friday. The reading represents a decline from the previous month's 1.3 percent on-year gain, according to ... Read More

Korea’s industrial output dips 0.6% on-month in December

South Korea's industrial output fell 0.6 percent in December from a month earlier due in part to decreased exports of cars and semiconductors, government data showed Thursday. The data compiled by Statistics Korea showed semiconductor output fell 4.5 percent in ... Read More