GDP in Gyeonggi surpasses Seoul

Gyeonggi last year overtook Seoul in terms of regional economy for the first time since 1998, when the government started gathering data. According to Statistics...

Millennials Say That Saving Money is Impossible

  Millennials are struggling to save money for retirement. According to the Wells Fargo Millennial Study, 41% of adults in the U.S. between the ages...

IMF’s Lagarde Expressed Worries about South Korea’s Glass Ceiling

  The International Monetary Fund’s Managing Director Christine Lagarde commented that South Korean society is going toward a “collective suicide,” according to IMF’s Asia and...

LA Apartment Rent Expected To Increase by 5% This Year

Apartment rents in the Los Angeles area are expected to increase by more than 5% this year. According to a report by 'Marcus and Millichap',...

LA Olympics in 2024 Expected to Bring $11.2B Economic Boost

    According to the recent research from the LA 2024 Exploratory Committee, the event would cause as much as $11.2 billion in economic output in Los...

As China slows, new opportunities appear for Korea

Axel van Trotsenburg, vice president of the World Bank, said transition in the Chinese economy will create new opportunities for Korean exporters to tackle...

Save $68 Each Day to Buy a Home in Los Angeles

According to a research, you have to save 68 dollars each day for five years in order to buy a house in LA. Realtor.com conducted...

Looking gloomy

A board at KEB Hana Bank in central Seoul on Monday shows the benchmark Kospi falling below the 1,900 mark for the first time...

Youth unemployment hits all-time high in 2015

Korea’s youth unemployment rate hit an all-time high in 2015. According to a monthly employment report by Statists Korea on Wednesday, the unemployment rate for...

Natural gas to play bigger role in future

The Korean government has decided to expand the use of natural gas to lower the nation’s dependence on crude imports and realize the carbon...

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