deficit

More South Korean exporters suffered massive losses from foreign exchange derivatives on a weaker won, failing to benefit from the unit’s depr...

Korea Electric Power Corp. (KEPCO), the state-run utility, is set to suffer a record operating loss this year with a shortfall mounting to the secon...

Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...

SK Solmics Co., a wholly owned subsidiary of SKC Inc., is poised to merge with SK Telesys Co. on February 1 of next year, according to regulatory fi...

South Korea is poised to post a trade deficit for the seventh straight month in October, which would mark the longest period of shortfalls in 25 yea...

The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks, as the country is h...

South Korea’s manufacturing industry accelerated its job growth in August to post its biggest monthly increase in almost a decade, driven by r...

South Korea is poised to report a trade deficit for a sixth straight month in September, which would mark its longest period of trade shortfalls in ...

South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...

South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move to curb the country&...

South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...

South Korea suffered from a larger trade deficit in the first 10 days of the month as semiconductor exports declined on weaker demand for memory chi...

South Korea suffered the largest trade deficit for the first half of a year on surging energy prices and slowing exports, while consumer sentiment i...

Cloud management service provider Cloocus Co. has received 50 billion won ($40.8 million) from SK Inc. C&C, those familiar with the investment...

South Korea’s government bond yields jumped to their highs in almost four years as lawmakers sought to raise a supplementary budget to up to $...

South Korea reported the largest trade deficit on surging raw material prices in January, string worries that capital outflows from Asia’s fou...

South Korea is slated to see a trade deficit for a second straight month in January for the first time since the 2008-09 global financial crisis on ...

South Korea's fiscal deficit in September has pushed the annual shortfall to over 100 trillion won ($89.6 billion) with public debt reaching an all-ti...

South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...