[Graphic News] KEPCO suffers deficit from investment business

Korea Electronic Power Corp. has suffered a deficit in its investment business while it has drawn massive business from the power rate hike and the increase in the demand for power, data showed Wedne...

Updated : 2016.08.24 18:19

[Graphic News] Direct overseas shopping gives 30 percent savings: survey

Consumers who buy products directly from overseas sellers found prices to be about 30 percent lower than when buying from Korean sellers, according to data from a survey by the Korea Consumer Agency....

Updated : 2016.08.23 18:24

[Graphic News] SKT, S-Oil pay highest average salaries

Workers at Korea’s top 100 companies received on average 6.04 million won ($5,362) per month in the first half of the year, while their CEOs were paid over 12 times more, data showed Monday. CEOs r...

Updated : 2016.08.22 18:27

[Graphic News] Monthly household spending stays flat in Q2

South Korea’s monthly household real income and spending stayed flat in the second quarter compared to last year amid a protracted economic slowdown, a government report showed Friday. According to...

Updated : 2016.08.21 18:20

[Graphic News] Circulation of 50,000 won notes surpasses W70tr: BOK

The volume of 50,000 won notes in circulation exceeded the 70 trillion won ($63.2 billion) mark in July for the first time, according to data from the Bank of Korea on Thursday. The circulation of t...

Updated : 2016.08.18 18:15

[Graphic News] GS chairman becomes highest-paid executive in Korea

Chairman Huh Chang-soo of GS Group, South Korea’s refinery and retail conglomerate, ranked No. 1 in the list of the nation’s highest-paid executives for the first half of this year, according to a ...

Updated : 2016.08.17 18:31

[Graphic News] Rising number of underpaid workers

More than 3 million workers in South Korea are expected to receive less than the legal minimum wage next year, the central bank said Tuesday. According to an analysis by the Bank of Korea, there wer...

Updated : 2016.08.16 18:15

[Graphic News] Budget for 2017 set to exceed W400tr

South Korea’s national budget for next year is expected to exceed 400 trillion won ($362 billion) for the first time, as the government plans to spend more to generate jobs as well as tackle the low...

Updated : 2016.08.15 18:08

[Graphic News] Impact of aging population on Korean economy

Korea‘s gross domestic product is projected to shrink 8 percent in the next 10 years, as the population’s rapid aging takes the steam out of the economy, a local think tank said Tuesday. In its re...

Updated : 2016.08.10 18:11

[Graphic News] Korea shows heavy industrial use of electricity

South Korea showed a much higher share of business electricity consumption in total power spending than other member countries of the Organization for Economic Cooperation and Development, according ...

Updated : 2016.08.09 18:04

[Graphic News] 32 cash-strapped firms facing restructuring: FSS

Thirty-two South Korean businesses are in need of corporate rehabilitation, according to the Financial Supervisory Service on Sunday. The financially troubled companies were chosen among 602 compani...

Updated : 2016.08.08 18:06

[Graphic News] Public sector’s financial health improving: report

The financial health of South Korea’s public sector is improving for the second consecutive year, showed a report by the Bank of Korea last week. The total revenue of the general government sector ...

Updated : 2016.08.07 18:08

[Graphic News] Korea’s automobile exports drop in H1

Exports of Korea’s automobiles in the first half of this year dropped 13.5 percent on-year on lower demand in global emerging markets, data showed Thursday. The nation exported 1.33 million cars in...

Updated : 2016.08.04 18:22

[Graphic News] H2 contraction forecast for major industries

Korea’s major industries are projected to contract in the second half of this year, a report showed Wednesday. According to the state-invested Korea Development Bank, the amount of orders that loca...

Updated : 2016.08.03 18:13

[Graphic News] Korean firms’ lifespans shrinking : survey

The average duration Korean manufacturers expect their firms to last is growing shorter, as they suffer from falling profitability amid the prolonged economic slowdown at home and abroad, a survey sh...

Updated : 2016.08.02 18:21