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EconNewsKorea | News and Info on the Korean Economy

Yonhap News, Industry

  • Hyundai resumes weekend production at local assembly lines
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  • (LEAD) Professor says eight out of 10 S. Korean CEOs have clear-cut facial features
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  • Professor says eight out of 10 S. Korean CEOs have faces with clear-cut features
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  • S. Korea to boost support for foreign start-ups
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  • S. Korean builders tighten belts amid property market slump
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  • Samsung to rake in better Q2 profit on Galaxy S4 sales
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  • Mobile carriers' own messenger service struggling on competition
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  • Gov't set to overhaul distribution system for farm products
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  • Yonhap news advisory for Friday, May 24
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  • S. Korea constructs its first carbon capture facility
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Yonhap News, Economy

Yonhap News, Market

Korea Herald, Economy

Korea Herald, Finance

Korea Herald, Industry

Korea Herald, National

Korea Herald, Automode

The Korea Times - Business

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The Korea Times - Finance

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The Korea Times - Stock

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The Korea Times - Industry

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Chosun Ilbo, Business

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Hankyoreh Business

  • CJ Group confirmed to have made millions in illicit gains
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  • South Korean ‘paper companies’ found in onshore tax haven
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  • Investigation into overseas tax evasion
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  • [Reportage] Baby boomers build social enterprises for retirement life
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  • On behalf of big business, Pres. Park could redefine regular wages
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  • Large corporations announce increased environmental safety standards
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  • Five workers die in South Korea’s latest industrial accident
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  • President Park pledges to address regular wages for S. Korean workers
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  • Fallout from Namyang’s abusive tactics much more serious than spilled milk
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  • Victims of corporate abuse air their grievances
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MK Business News

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KBS Biz & Economy

Dong-A Ilbo, Business

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Korea Real Time, WSJ

  • Analysts Unimpressed by North Korea “Dialogue” Offer
    Chinese news reports that a special envoy from Kim Jong Un had “agreed to accept China's advice” to have “dialogue with relevant parties” didn’t do much to impress seasoned North Korea observers, who noted the lack of any indication that Pyongyang was putting its nuclear program back on the negotiating table.
    - 1 day ago, 24 May 13, 7:05pm -
  • EADS Adds Sweetener to South Korean Fighter Bid
    As the battle to supply around $7 billion worth of advanced fighter jets to South Korea enters its final stage, the European bidder has made a new move to try and land the deal.
    - 1 day ago, 24 May 13, 5:49pm -
  • Prosecutors Chase 16-Year Old Fine on Ex-President
    South Korea’s supreme prosecutors’ office moved to collect a fine from former President Chun Doo-hwan levied 17 years ago as part of a court ruling against Mr. Chun for stacking up slush funds while in office.
    - 1 day ago, 24 May 13, 4:47pm -
  • Event Promoting Islets’ Sovereignty Backfires
    An event to promote South Korea’s sovereignty over disputed islets called Dokdo in Korea and Takeshima in Japan ran into a hiccup Thursday when one of four Japanese historians invited to support Seoul’s position reportedly changed his mind ahead of a trip to the territory.
    - 2 days ago, 23 May 13, 6:26pm -
  • South Korean President’s Press Secretary Quits
    South Korean President Park Geun-hye on Wednesday accepted the resignation of her chief press secretary over an alleged sexual assault incident involving one of his subordinates, the latest fallout from a scandal that overshadowed Ms. Park’s state visit to the U.S. earlier this month.
    - 3 days ago, 22 May 13, 8:02pm -
  • North Korea’s Risk-Taking Explained
    What explains the North’s apparent affinity for risk in routinely confronting the South, mostly verbally but occasionally with deadly force?
    - 3 days ago, 22 May 13, 6:27pm -
  • How Not to Promote Korean Food
    K-Pop videos, high-end restaurants, bizarre food health studies and other wacky ideas to promote Korean food have being criticized as a waste of taxpayer’s money by the South Korean National Assembly budget office.
    - 4 days ago, 21 May 13, 6:12pm -
  • North Korea Culls Birds in Effort to Contain Flu
    North Korea has culled hundreds of thousands of birds in an effort to contain a deadly strain of bird flu found in a Pyongyang farm, the state media said, throwing the spotlight back on the country’s vulnerable food supply.
    - 4 days ago, 21 May 13, 5:40pm -
  • Samsung No Longer Asia’s Biggest Manufacturer
    Among those leading the Nikkei's charge is the country’s biggest auto maker, Toyota Motor. Its share price has soared 50% this year, leading it to overtake Samsung Electronics as Asia's largest manufacturer.
    - 7 days ago, 18 May 13, 1:38pm -
  • Fighting to Clear His Family’s Name
    Ahn Yong-soo’s life was turned upside-down when his brother disappeared while on military duty during the Vietnam war and eventually showed up in a North Korean propaganda broadcast. Now Mr. Ahn is fighting for his brother’s name to be cleared.
    - 8 days ago, 17 May 13, 11:11am -

Google News, Korea

  • North Korea Puts Bright Face on China Visit, Despite Tensions - New York Times
    Wall Street JournalNorth Korea Puts Bright Face on China Visit, Despite TensionsNew York TimesAn account by the official Korean Central News Agency in Pyongyang, its first report on the visit by Vice Marshal Choe Ryong-hae, was at odds with portrayals in China's state-run media, which stressed the appeal by President Xi Jinping that North Korea ...Report: China calls on North Korea to enter nuclear talksCNNNorth Korea sends signals it may be willing to rejoin disamament talksWashington PostNorth…
    - 3 hours ago, 25 May 13, 5:56pm -
  • China to North Korea: Be More Like Us - Town Hall
    China to North Korea: Be More Like UsTown HallNorth Korea-China: Kim Jong Un's special envoy in Beijing, Vice Marshal Choe Ryong Hae met Chinese Communist Party official Liu Yunshan on 23 May. Choe told Liu that North Korea seeks dialogue with "related countries." He also said, "Korea is trying ...
    - 8 hours ago, 25 May 13, 1:14pm -
  • North Korea sends China a letter - New Zealand Herald
    North Korea sends China a letterNew Zealand HeraldA top North Korean envoy has delivered a letter from leader Kim Jong Un to Chinese President Xi Jinping and told him Pyongyang would take steps to rejoin stalled nuclear disarmament talks, in an apparent victory for Beijing's efforts to coax its unruly ...
    - 10 hours ago, 25 May 13, 11:29am -
  • China Bluntly Tells North Korea to Enter Nuclear Talks - New York Times
    China Bluntly Tells North Korea to Enter Nuclear TalksNew York Times“The denuclearization of the Korean Peninsula and lasting peace on the peninsula is what the people want and also the trend of the times,” Mr. Xi said in a meeting at the Great Hall of the People with Vice Marshal Choe Ryong-hae, a personal envoy of ...
    - 11 hours ago, 25 May 13, 9:32am -
  • Is North Korea Finally Ready to Talk? - The Atlantic Wire
    The Atlantic WireIs North Korea Finally Ready to Talk?The Atlantic WireAfter weeks upon weeks of (more or less) unending threats of nuclear war and the touting of (more or less) "special prisons" for American prisoners, North Korea changed its tune on Friday as its apparently legit envoy met with its most important ally ...
    - 21 hours ago, 25 May 13, 12:05am -
  • North Korea's Kim signals he's willing to talk in letter to China's Xi - Los Angeles Times
    North Korea's Kim signals he's willing to talk in letter to China's XiLos Angeles TimesThe contents of the letter were not disclosed, but the envoy who delivered the message, Choe Ryong Hae, the North Korean military's top political officer, had earlier indicated a willingness to return to negotiations concerning its controversial ...
    - 21 hours ago, 25 May 13, 12:03am -
  • Sinuiju, North Korean Town On Border With China, Opens To Western Tourists ... - Huffington Post
    Sinuiju, North Korean Town On Border With China, Opens To Western Tourists ...Huffington PostNorth Korea's authorities have opened the border town of Sinuiju to Western tourists, Chinese-based travel agencies said, despite international tensions over Pyongyang's nuclear test in February. The move opens up the possibility of foreign tourists ...
    - 22 hours ago, 24 May 13, 10:37pm -
  • North Korea envoy meets Chinese President Xi Jinping - BBC News
    North Korea envoy meets Chinese President Xi JinpingBBC NewsA North Korean envoy visiting China has met President Xi Jinping and handed him a letter written by Kim Jong-un, Chinese state media has reported. The letter was handed over by the envoy, Vice Marshal Choe Ryong-hae. The contents of the letter were not ...
    - 24 hours ago, 24 May 13, 9:00pm -
  • North Korea agrees to return to nuclear talks under pressure from China - The Guardian
    The GuardianNorth Korea agrees to return to nuclear talks under pressure from ChinaThe GuardianNorth Korea has offered to renew nuclear disarmament talks, according to the Chinese state media. At a meeting on Thursday between vice-marshal Choe Ryong Hae and Liu Yunshan, a senior figure in the Chinese Communist party, North Korea heeded ...
    - 1 day ago, 24 May 13, 3:20pm -
  • North Korea Envoy Agrees to Dialogue, China Says, in Possible Sign for Nuclear ... - New York Times
    North Korea Envoy Agrees to Dialogue, China Says, in Possible Sign for Nuclear ...New York TimesBEIJING — A North Korean envoy visiting China said his country would “accept the proposal” by Chinese officials to open up dialogue, the state-run China News Service reported Thursday, a possible signal that the North would agree to talks on its ...
    - 2 days ago, 24 May 13, 12:25am -

Korea IT Times

  • What is your must-know advice to improve English communication skill?
    Thursday, January 3rd, 2013 Korea IT Times (info@koreaittimes.com) SEOUL, KOREA - The hopeful New Year has dawned. Many people cherish in their heart one hope in the New Year. If you are a job-seeker, getting a job would be by all means the greatest hope of the New Year at hand. read more
    - 3 Jan 13, 1:48am -
  • Solongus - Sharp Contest -
    Friday, November 2nd, 2012 Hwang Kyu-ho (hwangkyuho@hotmail.co.kr) “Land of rainbow”read more
    - 2 Nov 12, 6:41pm -
  • Solongus - Land of Rainbow -
    Thursday, November 1st, 2012 Hwang Kyu-ho (hwangkyuho@hotmail.co.kr) In the past and recent years, the world powers were and are ambitious and power-hungry. As self-seekers, they were and are diamond cut diamond. (龍虎相搏) Full of guile, arrogance and obsequiousness, they have been second to none in concealing their feline amenities.read more
    - 1 Nov 12, 6:21pm -
  • 2012 AEES in Shanghai - Converter Technology, When Preicion Matters : FTLAB -
    Wednesday, October 31st, 2012 Korea IT Times (info@koreaittimes.com) A new generation of compact yet powerful converters is emerging out of the cutting edge research coming out of FTLAB Co. Ltd. They began in 2001. An electro-physics based R&D Company specializing in high output, high channel and high slew HV power supplies, they have developed a range of products.read more
    - 31 Oct 12, 8:00pm -
  • 2012 AEES in Shanghai - A New Concept for Air Purifier: CLARO -
    Wednesday, October 31st, 2012 Korea IT Times (info@koreaittimes.com) As a mobile handset antenna maker, EMW began in 1998 and has been effortful in investing in developing and producing new technology.  Currently, the firm has successfully gained 321 domestic patents, overseas patents, utility models, and tradread more
    - 31 Oct 12, 7:55pm -
  • 2012 AEES in Shanghai - Rejuvenate Your Brain with EYEMAX’s Brain Games -
    Wednesday, October 31st, 2012 Korea IT Times (info@koreaittimes.com) The human brain is as vastly mysterious as outer space, where lots of questions still remain unanswered. It never seems to fully reveal how its sophisticated way works in order to tightly control the whole human body.read more
    - 31 Oct 12, 7:47pm -
  • Solongus - New Ben Hur
    Wednesday, October 31st, 2012 Korea IT Times (info@koreaittimes.com) Once upon a time, there were two warriors from Greece.Greek met Greek each other on the street. Then the tug of war came as if they were deadly enemies. (Actually the two men pointed to the kingdom of Athens and Sparta. The long and tiring power struggles made Athens surrender.)read more
    - 31 Oct 12, 7:24pm -
  • 2012 AEES in SHanghai - Fancy Cleaning Items : DAHMMI -
    Tuesday, October 30th, 2012 Korea IT Times (info@koreaittimes.com) When it is time to clean, you must do it well. Otherwise, there is no point. With this simple promise in mind, DAHMMI wants to commit to the process of cleaning by unveiling its own unique method of sanitation.read more
    - 30 Oct 12, 6:58pm -
  • 2012 AEES in Shanghai - Functional Ion Water for Your Health : Bionics Medical -
    Tuesday, October 30th, 2012 Korea IT Times (info@koreaittimes.com) Centering on research and development, Bionics Medical has been engaged in manufacturing alkali ion water dispensers and beauty items.read more
    - 30 Oct 12, 6:55pm -
  • 2012 AEES in Shanghai - The Origin of Life in the Making : GRENTECH -
    Tuesday, October 30th, 2012 Korea IT Times (info@koreaittimes.com) Lately, quality of life has improved, and people’s level of consciousness is growing. Thus, the new consumer trend: buying products with the environment and health in mind.read more
    - 30 Oct 12, 6:42pm -
  • Solongus - Cliffhangers
    Tuesday, October 30th, 2012 Hwang Kyu-ho (hwangkyuho@hotmail.co.kr) Presently, they have been placed in a no-win situation as if they were cliffhangers. Before the turn of this new 21st century they had begun a daring expedition in search for Cape of Good Hope.read more
    - 30 Oct 12, 6:26pm -
  • 2012 AEES in Shanghai - Security Solution in the Palm of Your Hands : Developians -
    Monday, October 29th, 2012 Korea IT Times (info@koreaittimes.com) Today, smartphones are popular. They all come equipped with numerous useful applications that enrich the smartphone experience.read more
    - 29 Oct 12, 8:28pm -
  • 2012 AEES in Shanghai - Take Modern-Day Pressure Off with TRYCAM Technology -
    Monday, October 29th, 2012 Korea IT Times (info@koreaittimes.com) Living a modern-day life is tough. Pressure and workloads can easily wear us down. Today’s sophisticated society fuels the problem even more.read more
    - 29 Oct 12, 8:14pm -
  • 2012 AEES in Shanghai - FURO Serves Better than Human: FUTURE ROBOT-
    Monday, October 29th, 2012 Korea IT Times (info@koreaittimes.com) The ultimate goal of technology was accurately predicted as an animation. If you are no stranger to animation characters, you know you are familiar with one well-known ani-character “Astro Boy.”read more
    - 29 Oct 12, 7:52pm -
  • Solongus - Battle Royal
    Monday, October 29th, 2012 Hwang Kyu-ho (hwangkyuho@hotmail.co.kr) Just like the generals regard the warfare a chaotic business, all the global stars see the business as unpredictable and unstable warfare.read more
    - 29 Oct 12, 6:52pm -

The Korea Economic Daily

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Ministry of Strategy and Finance, Press Releases

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Ministry of Strategy and Finance, Daily Economic Indicators

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Bank of Korea, Press Releases

  • Trade Index & Terms of Trade : April 2013
      Please refer to the attached file.
    - 2 days ago, 24 May 13, 8:26am -
  • Household Credit in Q1 2013
    □ Total household credit outstanding fell by 2.2 trillion won in the first quarter of 2013    to stand at 961.6 trillion won as of end-March, with household loans totaling    908.1 trillion won and merchandise credit 53.6 trillion won.
    - 2 days ago, 23 May 13, 11:19am -
  • Dishonored Bill Ratio during April 2013
    □ The nationwide dishonored bill ratio (before adjustment for electric settlement) in April stood at 0.14%, compared to 0.10% in the previous month. □The number of defaulting companies (corporations and private business owners) in April increased to 89 from 69 in the previous month.  □ The number of newly established corporations in April increased to 6,376 from 6,354 in the previous month. 
    - 4 days ago, 21 May 13, 11:22am -
  • International Investment Position(End of March 2013)
    Please refer to the attached.  
    - 5 days ago, 20 May 13, 5:45pm -
  • Use of Internet Banking Services during Q1 2013
    ※ Please see the attached files for details
    - 9 days ago, 16 May 13, 9:20am -
  • Producer Price Index during April 2013
    □ The Producer Price Index decreased by 0.3% month-on-month in April 2013―in year-on-year terms it fell by 2.8%. The month-on-month changes in the major sub-indices are as follows:    o Agricultural, forestry & marine products: -0.4%   o Manufacturing industry products: -0.5%   o Services: +0.0%
    - 10 days ago, 15 May 13, 5:25pm -
  • Meeting with CEOs of Large Enterprises
    - Bank of Korea Governor KIM Choongsoo held a meeting with the CEOs of large enterprises in key industries, from 7:30 a.m. until 9:20 a.m. on Tuesday, April 30.
    - 15 days ago, 10 May 13, 10:10am -
  • Export/Import Price Indices during April 2013
     □ The Export Price Index(won basis) increased by 0.6% month-on-month in April 2013.   ㅇ The index fell by 5.7% in year-on-year terms.  □ The Import Price Index(won basis) increased by 0.1% month-on-month in April 2013.    ㅇ Year-on-year, it fell by 9.7%
    - 16 days ago, 9 May 13, 9:29pm -
  • Current Economic Developments in Korea(May, 2013)
     Released on May 9
    - 16 days ago, 9 May 13, 11:07am -
  • ★ Monetary Policy Decision(May 9, 2013)
     The Monetary Policy Committee of the Bank of Korea decided today to lower the Base Rate by 25 basis points from 2.75% to 2.50%.
    - 16 days ago, 9 May 13, 11:01am -
  • Financial Markets during April 2013
     Please refer to the attached file for details. 
    - 17 days ago, 8 May 13, 3:50pm -
  • Monetary and Liquidity Aggregates during March 2013
     □ The month-on-month growth rate of Broad Money(M2, seasonally adjusted, period-average) registered 0.5%.  
    - 17 days ago, 8 May 13, 9:22am -
  • Official Foreign Reserves (April 2013)
     Please refer to the attached files.
    - 19 days ago, 6 May 13, 9:08am -
  • Proceedings of Financial Council Meeting(Apr. 2013)
       Please see the attached files for details.   
    - 25 days ago, 30 Apr 13, 6:15pm -
  • Business Survey Index (BSI) and Economic Sentiment Index (ESI) for April 2013
    □ The Business Survey Index (BSI) on business conditions in the manufacturing sector for April 2013 was 79, up 4 points from March, and that for the outlook for the following month also rose, by 1 point to 81.□ In the non-manufacturing sector, the BSI on business conditions for April 2013 remained unchanged at 68, but that for the outlook for the following month rose by 1 point to 72.□ The Economic Sentiment Index (ESI)-a composite of the BSI and the CSI (Consumer Survey Index)- for…
    - 26 days ago, 29 Apr 13, 7:40pm -

KDI, Economic Policy Information

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Financial Services Commission

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Statistics Korea

  • Economically Active Population Survey in April 2013
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  • The Index of Services in March 2013
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  • Consumer Price Index in April 2013
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  • The Industrial Activities in March and in the First Quarter 2013
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  • Cultivated Area of Garlic and Onions in 2013
    Ad: IM John Chow - CB #1 Here We Come! John Chow And Peng Joon Team Up Once Again After The Smash Hit Blogging With John Chow, This Time With A Recurring Front End. Grab Your Banners And Swipes At www.imjohnchow.com/affiliatetools
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  • Internal Migration in March 2013
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  • Vital Statistics in February 2013
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  • Results of the Farm and Fishery Household Economy Survey in 2012
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  • Marriage and Divorce Statistics in 2012
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Korea Exchange, Market Summary

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Ministry of Knowledge Economy, Press Releases

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