The benchmark Korea Composite Stock Price Index(KOSPI) rose ten-point-55 points, or zero-point-44 percent, on Monday, closing the day at two-thousand-403-point-69.The tech-heavy KOSDAQ fell however, losing zero-point-06 points, or zero-point-01 percent…
SEOUL– South Korea’s consumer inflation is likely to peak late in the third quarter or early in the fourth quarter if there is no sharp hike in global oil and grain prices, Finance Minister Choo Kyung-ho said Monday.Consumer prices may markedly stabil…
Finance minister Choo Kyung-ho has refuted criticism that the Yoon Suk Yeol administration’s tax reform plan will primarily benefit high-income groups. Choo visited the press room at the government complex in Sejong City on Monday, where he sought to a…
SEOUL– The number of traffic deaths in South Korea dropped to a record low in the first half of the year, data showed Monday.The National Police Agency said the number of people killed in road accidents from January to June was estimated at 1,236, a d…
SEOUL– South Korea’s new coronavirus cases are likely to top 100,000 per day this week as an omicron subvariant spreads quickly.As of 9 p.m. on Monday, the country reported 94,213 new cases, up 59,000 from the same time the previous day, according to …
SEOUL– South Korea’s new coronavirus cases fell sharply to below 40,000 on Monday, apparently due to fewer tests, as the country battles a new virus wave triggered by the fast spread of an omicron subvariant.The country reported 35,883 new COVID-19 in…