South Korea has clinched new investment deals totaling $600 million with firms in European Union countries, achieving the annual target for foreign direct investment, Seoul’s trade ministry said Monday. The Ministry of Trade, Industry and Energy said it secured the ... Read More
The percentage of household savings held by local lenders fell to the lowest level since 1975 in the first half of the year, as low interest rates caused people to invest their money in real estate and stocks, central bank ... Read More
The Finance Ministry has assessed the nation's exports and consumption are maintaining solid growth pace but investment and employment remain sluggish. The ministry on Friday said in its monthly economic assessment report that the economy is on a firm growth ... Read More
Economists have raised the alarm on the weakening growth momentum of the Korean economy, calling on the government to take steps to prevent the country from being stuck in a prolonged slowdown. Local research institutes predict that Asia’s fourth-largest economy ... Read More
Dairy exports to China are recovering quickly this year after a steep dive in 2017 due to a diplomatic spat, industry officials said Monday. Maeil Dairies Co. is estimated to have increased its exports to China by 20 to 30 ... Read More
NEW YORK, -- South Korean President Moon Jae-in and Chilean President Sebastian Pinera agreed Wednesday to further develop their countries' bilateral relationship and also boost their trade by seeking to revise their free trade agreement. In a bilateral summit held ... Read More