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Prodigy Kid Jazz Up Jokowi’s US Visit

Aside from speaking at the historic US-ASEAN Summit and holding bilateral meetings with fellow regional members, President Joko "Jokowi" Widodo, who arrived in joey Alexander California on Sunday local time is also planning to spend a light moment with Grammynominated ... Read More

Korea’s bank deposits surge in 2015

The amount of money funneled to South Korean banks in deposits and bank debentures soared in 2015 from a year earlier, central bank data showed Sunday,apparently due to a rise in floating money prompted by low interest rates and uncertainties ... Read More

Korean exports feared to shrink again in Feb.

South Korea's exports are expected to dwindle again in February from a year earlier, data showed Sunday, which would mark the longest streak of on-year drops in the country's history. In the first 10 days of the month, outbound ship­ments ... Read More

South Korea announces fresh stimulus measures

South Korea's government has unveiled new stimulus measures following a raft of disappointing economic data for the export-dependent nation. The stimulus package will include an extra 6tn Korean won ($4.94bn; £3.42bn) in public spending. It will also include an extension of existing ... Read More

Minister: Exports Can Rebound, Economy Can Grow 3.1%

Deputy Prime Minister and Finance Minister Yoo Il-ho has said that sluggish exports do have a chance to rebound and the government's economic growth target of three-point-one percent can be achieved this year. Appearing in the KBS TV program "Live ... Read More

Trade Ministry Vows to Boost Exports

South Korea’s trade ministry has vowed to boost support for local firms trying to export to Iran after sanctions were lifted on the Middle Eastern country. The ministry also vowed to assist companies exporting to countries that have free trade ... Read More

Consumer prices gain less than 1% in January

South Korea's consumer prices grew less than 1 percent for the first time in three months, a government report showed Tuesday, rekindling concerns about deflation.The country's consumer price index rose 0.8 percent last month from a year earlier, a 0.5 ... Read More

Exports Witness Sharpest Drop in 6.5 Years in January

Anchor: The nation’s exports slipped 18-and-a-half percent year-on-year in January. It marks the sharpest decline to be posted since August 2009 when the nation was in the doldrums from the global financial crisis. Our Bae Joo-yon has more. Report: The ... Read More



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