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The South Korean won fell to below 1,400 won in value versus the U.S. dollar two weeks after hitting 1,262 won on November 3. However, daily...
[Nov.18,2008 13:35 KST] |
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“The young husband and wife who took over our store have changed the menu and say that they’re doing another restaurant. If they start...
[Nov.17,2008 13:34 KST] |
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In the face of the global financial crisis and the downdraft on China’s economy following the Beijing Olympics, South Korea’s top three...
[Nov.17,2008 13:32 KST] |
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Prospects for job growth are looking bleaker as employers added only some 97,000 jobs in October, compared with the same period last year. Of the...
[Nov.13,2008 12:49 KST] |
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GM Daewoo, in response to the economic slowdown and subsequently lower demand for automobiles in North America and Europe, has decided to...
[Nov.12,2008 13:16 KST] |
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As U.S. President-elect Barack Obama moves to revitalize the U.S. economy with the first in what will likely be many massive economic stimulus...
[Nov.10,2008 13:47 KST] |
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The Bank of Korea cut its key interest rate again amid growing fears of a recession in the real economy. Central banks in Europe also slashed their key interest rates as part of a wave of rate cuts..
[Nov.8,2008 12:14 KST] |
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At the entrance of Dangjin County, a banner can be seen advertising the South Chungcheong Province county located one hour from Seoul as “a...
[Nov.5,2008 13:06 KST] |
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The government has announced that as part of its “comprehensive countermeasures” for overcoming the economic crisis, it is going to...
[Nov.4,2008 13:03 KST] |
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The government unveiled a large-scale economic stimulus package to boost the domestic economy by expanding public spending on social...
[Nov.4,2008 13:01 KST] |
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