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Seoul’s stock market buzzes ahead of Trump-Kim summit

Seoul’s stock market is expected to be highly active this week, with investors optimistic about the widely tipped momentum following the Washington-Pyongyang summit on Tuesday. All the while, monetary policymakers are tense over expected rate hikes by the United States ... Read More

Indonesia beer “Bintang” was announced to sell in Korea

Indonesia beer "Bintang" was announced to sell in Korea by Ms Siti Sofia Sudarma, Deputy Chief of Mission of the Indoneduan Embasdy in Seoul, Managing Director of Heinekin Korea and manager at Lotte Hotel at Jung-gu, Seoul on June 7, ... Read More

S. Korea Attracts $500 Mln in Chinese Investment

The Minister of Trade, Industry and Energy says that Minister Paik Un-gyu hosted a roundtable meeting with Chinese investors in Beijing on Tuesday. It it the first such meeting to attract Chinese investment held by a South Korean minister-level official since April 2016. Twelve ... Read More

Korea, Philippines agree on further economic cooperation

SEJONG -- South Korea and the Philippines agreed on Monday to further expand their economic cooperation and work together for an early conclusion of a regional economic trade deal, Seoul's finance ministry said. In a meeting with the Philippines' Finance ... Read More

[Monitor] Convenience store businesses flourish in South Korea

Ever since the first-ever convenience store 7-Eleven was opened by then-copy printer manufacturer Dong-Hwa Industrial in May, 1989, in Bangi-dong, southern Seoul, the convenience store industry has greatly expanded. With some 30 years of history, the industry continues to expand ... Read More

S. Korea’s Q1 growth ranks 5th among OECD nations

South Korea's economic growth rate ranked fifth among members of the Organization for Economic Cooperation and Development in the first quarter of the year, a sharp turnaround from three months earlier, OECD data showed Sunday. Asia's fourth-largest economy expanded 1.1 ... Read More

S. Korea’s Exports Growth Rank 8th among Top 10 Exporters

South Korea's export growth slowed in the first quarter to rank it as the eighth fastest among the world's top ten exporters. According to data by the World Trade Organization Sunday, the country's outbound shipment totaled 145-point-four billion dollars from January ... Read More

Korea to launch dumping probe into imported stainless steel bars

South Korea's trade commission said Thursday it will launch an anti-dumping investigation into stainless steel bar products imported from Taiwan and Italy. The Korea Trade Commission under the trade ministry said it made the decision at the request of Korean ... Read More