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...

Economic leaders vow reform, growth for 2016

The nation’s economic leaders kicked off the new year by expressing determination in creating structural reforms and securing growth potentials. Choi Kyung-hwan, the outgoing deputy...

Korea’s tech exports were third-biggest in the world

Korea’s information and communications technology (ICT) exports in 2015 were the third-largest in the world, thanks to mobile phones and semiconductors, the government said. According...

US Ships More than 1 Million Eggs to South Korea

  U.S. will export shell eggs to South Korea next week. It is the first time in history that South Korea imports eggs from a...

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...

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...

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...

1 in 2 Koreans bought lottery tickets in 2015

One out of two Koreans have bought a lottery ticket in the past year, a survey by a government agency showed Wednesday. The Korea Lottery...

Seoul’s homeless continue to hold out hope

Christmas carols could be heard all around and salespeople promoted their bargains through bullhorns to catch the attention of passersby. Seoul Station Plaza bustled...

Korean Characters Leading New Korean Wave

On November 11, which is the day people in China celebrate being singles by shopping offline and online, Alibaba’s shopping site T-mall went busy...
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