Producer prices rose for the third consecutive month in March amid the rising prices of crude oil and raw materials.According to the Bank of Korea on Thursday, the producer price index for all commodities and services stood at 116-point-46 last month, …
The new governor of the Bank of Korea(BOK) sees the Korean economy at a major turning point, and said it is difficult to predict whether it will take another leap forward or fall into a trap of long-term low growth. In his inauguration speech at the BO…
The benchmark Korea Composite Stock Price Index(KOSPI) rose nine-point-52 points, or zero-point-35 percent, on Thursday, closing the day at two-thousand-728-point-21.The tech-heavy KOSDAQ also rose, gaining zero-point-75 points, or zero-point-08 percen…
China’s continued lockdown in Shanghai has so far had limited impact on South Korea’s supply chains. An official at the Ministry of Foreign Affairs shared the assessment on Thursday. But he noted that shipments of some items including secondary batteri…
A photo exhibition and a large pop-up store featuring the theme of K-pop sensation BTS, timed with the global group’s recent concerts in Las Vegas, drew more than 110-thousand visitors. HYBE, the agency behind BTS, said on Thursday that 114-thousand fl…