South Korea economy

S. Korea exports plunge 10.9% in May

Exports, which count for more than half of Asia`s fourth-largest economy, fell 10.9 percent to $42.4 billion from $47.6 billion a year ago, state data showed Monday.

Jun 01, 2015, 08:25 AM IST

S. Korea exports fall 0.9% in May

South Korea`s exports in May fell 0.9 percent from a year ago largely due to fewer working days that hampered production, state data showed Sunday.

Jun 01, 2014, 09:29 AM IST

S. Korea economy adds 1.1% in Q3

South Korea`s economy expanded 1.1 percent in the third quarter, sustaining the same quarterly growth registered in the April-June period, the central bank said Friday.

Oct 25, 2013, 12:47 PM IST

South Korea records trade surplus for 19th month

The country's exports came to USD 46.38 billion last month, up 7.7 percent from the same period a year earlier.

Sep 15, 2013, 21:36 PM IST

South Korea's trade surplus doubles

Trade surplus increased to $4.92 billion in August from $2.54 billion in July, according to the Ministry of Trade, Industry and Energy, reports Xinhua.

Sep 01, 2013, 14:25 PM IST

South Korea's foreign reserves fall

Foreign reserves were USD328.1 billion as of the end of May, down from USD328.8 billion in the prior month, according to the Bank of Korea (BOK).

Jun 05, 2013, 15:48 PM IST

South Korea posts trade surplus

South Korea posted a trade surplus of USD 6.03 billion in May as exports grew at a faster pace than the previous month despite the continued devaluation of the Japanese yen, a government report showed Saturday.

Jun 01, 2013, 16:28 PM IST

South Korea's current account surplus almost doubles

Current account surplus was USD 4.98 billion in March after posting a surplus of USD 2.71 billion in February and USD 2.33 billion in January respectively, according to the Bank of Korea (BOK).

Apr 29, 2013, 13:04 PM IST

South Korea's consumer prices rise

The November figure was down from a 2.1 percent rise for October and a 2.0 percent gain for September, according to Statistics Korea. From a month before, the prices declined 0.4 percent last month, down from a 0.1 percent fall tallied in October, reported Xinhua.

Dec 03, 2012, 13:35 PM IST

South Korea's business sentiment continues to worsen

The BSI for November, measuring manufacturers' outlook on business conditions for the upcoming month, slid 2 points to 70, marking the identical number for August. The reading adjusted with seasonal factors retreated rose 2 points to 72 over the same period.

Oct 29, 2012, 12:55 PM IST

South Korea's trade terms worsen

The second-quarter fall was slower than a 6.4 percent drop for the first quarter, but the figure neared the record low level of 75.1 tallied in the previous quarter, reported Xinhua.

Aug 13, 2012, 15:15 PM IST

South Korean economic indicators weakening on sagging export

The consumer price inflation fell to 1.5 percent in July, the lowest since 1.1 percent tallied in May 2000, but rising grain prices remained as a destabilizing factor, reported Xinhua citing the ministry.

Aug 07, 2012, 12:59 PM IST

South Korea's business sentiment drops

The BSI for August, measuring manufacturers' outlook on business conditions for the upcoming month, dropped 11 points on-month to 70, posting the third straight month of decline.

Jul 30, 2012, 13:29 PM IST

South Korea's jobless rate falls

The jobless rate fell for 13 straight months in June on an on-year basis due to continued job creation in the service industry.

Jul 11, 2012, 13:37 PM IST

SKorean economy grows 2.3% in Q2

Surging exports and consumer spending fuelled growth of 2.3 percent for South Korea`s economy in the three months to June, its fastest rate in more than five years, data showed Friday.

Jul 24, 2009, 11:28 AM IST