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Korea’s income gap hits record high in Q4

South Korea's household income inequality hit a record high in the fourth quarter of 2018, government data showed Thursday, prompting officials to step up efforts to carry out a series of measures to support low-income people. An average household earned ... Read More

Korea’s coffee imports fall in 2018 for 1st time in 6 years

South Korea's imports of coffee declined last year for the first time since 2012, suggesting that the boom of coffee shops might have peaked, data showed Sunday. Imports of coffee fell to 143,000 tons in 2018, down 2,600 tons from ... Read More

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

Sorry, this entry is only available in Indonesian.

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

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