Inflation Reduction Act effect

South Korea’s gross national income (GNI) per capita is expected to surpass $35,000 to a record high this year on strong economic growth, surg...

South Korea’s consumer inflation hit a near-decade peak in November, fanning expectations that the central bank will raise interest rates agai...

South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising in...

The world’s No. 1 boy band BTS became the first Asian act to take the prize for artist of the year at the American Music Awards, one of the to...

South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digi...

South Korea's National Pension Service (NPS) plans to keep increasing private equity investment for mid- to-long term asset allocation, Choe Hyung D...

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...

South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...

South Korea’s consumer inflation remained at a nine-year peak in August, adding to expectations that the central bank will raise interest rate...

The rising inflationary risk in the US, fueled by strong recovery from the pandemic-induced slowdown, is likely to be short-lived and modest, and in...

The South Korean won skidded to an eleven month-low as foreign investors extended a selling spree in the local stock markets, adding to expectations...

South Korea’s SK Hynix Inc. has clinched a surprise second spot in the world’s NAND flash market for smartphones. According to the marke...

Netflix Inc. has entered into a two-year partnership with South Korea's leading post-production studio which creates digital images and mixes sound ...

“Just give us three weeks. We’ll offer a price by then.”This conversation took place in early March. A senior executive from retai...

Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

US Treasury bonds with longer maturities remain effective hedging instruments against inflation in the current low rate environment, according to Th...

Current high asset valuations might be justified by record-low interest rates supported by expansionary fiscal and monetary policies, but investors ...

Actress Youn Yuh-jung has made history by becoming the first Korean actor to win an Oscar at the Academy Awards, held in Los Angeles Sunday night.&n...

In September 2019, South Korea-based mobile marketplace platform Danggeun Market received 40 billion won ($36 million) from venture capital firms wi...

Inflation figures have entered a rising trend in South Korea amid ongoing competition across industries for higher wages. The country’s expect...

South Korea's headline inflation edged up for the first time in three months in July amid signs of a recovery in consumer sentiment, but still remaine...

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...

National Pension Service’s acting chief investment officer In-Sik Cho tendered a resignation on July 4, according to an NPS source, which may leave fo...

The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of...

South Korea’s central bank on Wednesday defied expectations of a big step rate hike by raising the interest rate by 25 basis points (bps) desp...