South Korea’s business sentiment dipped for the third consecutive month in August amid dim prospects for the U.S. economy and other major economies, a central bank poll showed Friday.
Local companies’ business sentiment index (BSI) stood at 91.2 thi…
Sales of derivatives-linked securities in South Korea dropped sharply in the first half of the year, data showed Friday, following massive losses from derivative products tracking Chinese stocks.
The combined value of equity-linked securities (ELS) …
As with other countries, major US-based tech giants such as Google, Apple and Meta have set up local subsidiaries in South Korea, a nation known for a large pool of active users and well-established online infrastructure.
But some critics claim that…
The Democratic Party (DP) has gone too far in playing the party-pooper in Korea’s celebration of landing a preliminary landmark deal to build nuclear reactors in the Czech Republic. The majority party vowed to examine the economic value of the export…
Criticism is mounting against global tech giants like Google and Apple for paying disproportionately low taxes despite their substantial earnings in Korea. In its 2023 financial report, Google Korea reported sales of 365.3 billion won (US$274 million…
South Korea urged Israel and Lebanon on Friday to accept the ceasefire proposal made by the United States and France to stop the escalation of tensions in the Middle East.
“We welcome and fully support the statements made by countries such as the Un…
