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  • Gov't plans smart, eco-friendly cities July 17, 2018
    A visitor tries out life in a smart city through some VR gear at the Busan Eco-Delta City booth, at the DMC Hi-Tech Industry Center in Seoul on July 16. (Yonhap News) By Kim Eun-young and Kim Youn
  • BOK freezes rates at 1.5% July 13, 2018
    The Bank of Korea (BOK) announces its decision to keep Korea's key interest rate at 1.50 percent in its Monetary Policy Board meeting on July 12. (BOK) By Lee Yoonseo and Kim Min-Jeung The
  • Korea pushes for new energy sources July 13, 2018
    A Korea Gas Corporation (KGC) employee explains how LNG is transported to representatives from the Ministry of Trade, Industry and Energy, in front of a model of the KGC's new LNG terminal, at th
  • Foreign exchange reserves hit all-time high July 5, 2018
    The Bank of Korea announced its foreign currency reserves on July 4. (Jeon Han) By Lee Yoonseo and Kim Min-JeungKorea's foreign exchange reserves have exceeded USD 400 billion for the first time.
  • Peace to help AIIB achieve its goals: finance ministry June 27, 2018
    First Vice Minister of Strategy and Finance Ko Hyoung-kwon (left) shakes hands with the president of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, during the third annual meeting of the
  • Fitch maintains Korea’s AA- rating June 25, 2018
    The international credit rating agency Fitch announced on June 22 that it will maintain its sovereign rating for Korea at AA- with an outlook of ’stable.’ (Yonhap News) By Kim Eun-young and Yoon Soj
  • Korea to top 3% growth in 2018, 2019: OECD June 22, 2018
    Randall Jones, head of the Japan/ Korea Desk at the OECD, announced the “OECD Economic Surveys: Korea 2018” report during a press briefing at the Ministry of Strategy and Finance at the Government Com
  • Korea to facilitate northern economic cooperation, better inter-Korean ties June 19, 2018
    Chairman Song Young-gil (second from right) of the Presidential Committee on Northern Economic Cooperation speaks during a general meeting at the Korea Press Center in Seoul on June 18. (Yonhap News)
  • Naver ranks 9th on Forbes' most innovative companies list June 7, 2018
    Naver ranks ninth on Forbes' list of the world's most innovative companies in 2018. (Yonhap News) By Lee Yoonseo and Lee Hana Forbes has unveiled its 2018 list of the world's most
  • Consumer sentiment rises amid improved South-North relations June 4, 2018
    A traditional market in Seoul is crowded with hungry diners. (Korea.net DB) By Lee Yoonseo and Kim Young Shin The Consumer Composite Sentiment Index (CCSI) rebounded in May after six