SOUTH KOREA ECONOMY
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Business & Economy
September sees South Korea post highest trade surplus in 2 years
Seoul, Oct 1 (efe-epa).- South Korea’s trade surplus rose to $8.8 billion in September, its highest level in two years,…
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Business & Economy
South Korean GDP contracts 3.3 pct in Q2, biggest drop in 22 years
Seoul, Jul 23 (efe-epa).- South Korea’s gross domestic product contracted in the second quarter by 3.3 percent from the previous…
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Labor & Workforce
Coronavirus pandemic destroyed 352,000 South Korean jobs in June
Seoul, Jul 15 (efe-epa).- South Korea recorded an unemployment rate of 4.3 percent in June and the loss of 352,000…
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Business & Economy
South Korea’s trade surplus drops 6.09 percent in June
Seoul, July 1 (efe-epa).- South Korea’s trade surplus fell 6.09 percent year-on-year to stand a $3.66 billion in June due…
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Business & Economy
Data shows South Korean GDP contracted 1 tenth less in January-March
Seoul, Jun 2 (efe-epa).- The South Korean economy contracted one-tenth less than initially estimated for the first quarter, in which…
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Business & Economy
South Korean cuts rates to historic lows, forecasts contraction
Seoul, May 28 (efe-epa).- The Bank of Korea (BoK) estimated Thursday that South Korea’s gross domestic product (GDP) will contract…
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Business & Economy
South Korea registers largest drop in employment since 1999
Seoul, May 13 (efe-epa).- South Korea registered the largest year-on-year drop in the number of employed people in the country…
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Business & Economy
Coronavirus casts shadow on South Korean exports
Seoul, Apr 1 (efe-epa).- A decline in South Korea’s exports in the wake of the coronavirus pandemic in March has…
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