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Wed, April 25, 2018 | 15:21

Economy > Policies >

President Moon urged to abandon anti-nuclear policies

A civic group composed of nuclear experts, businesspeople, journalists and students has called for exports of nuclear power plants, Tuesday, saying the Moon Jae-in administration should abandon its anti-nuclear policies. The group stressed that exporting the nation's technical know-how is the only way to overcome economic problems.

Policies | 2018-03-20 15:58

Finance minister to meet US counterpart over steel tariffs

Finance Minister Kim Dong-yeon said Friday he will meet U.S. Treasury Secretary Steven Mnuchin next week at a meeting of the Group of 20 finance chiefs in Argentina, to discuss the U.S. government's plan to impose tariffs on steel and aluminum imports.

Policies | 2018-03-20 02:37

Seoul needs 'non-Washington diplomacy'

South Korea should strengthen its diplomacy to local actors outside Washington to cut a win-win deal from Korea-U.S. Free Trade Agreement (KORUS FTA) renegotiations and steel tariff talks, U.S. trade experts said Sunday.

Policies | 2018-03-19 18:36

Concerns growing over possible capital flight

As the U.S. Federal Reserve is widely expected to raise its base rate this week, concern is growing that the reversal of key rates between Korea and the United States will trigger capital flight from Seoul.

Policies | 2018-03-19 16:46

Gov't policies blamed for turning new apartments in southern Seoul into lottery

Unlike previous administrations which stimulated the housing market and construction to pull up economic growth, the Moon Jae-in administration has vowed to stabilize the price of homes for the working class. It turns out, however, its policies only turned new apartments in the upscale southern districts of Seoul into lotteries, and only millionaires with enough cash are admi...

Policies | 2018-03-19 16:09

Korea urged to join revived TPP trade pact

South Korea should speed up its move to join a multilateral Pacific trade pact signed by 11 regional nations to cushion the blow from a potential trade war, analysts said Sunday.

Policies | 2018-03-18 18:22

Household debt to GDP soars to record high

Household debt-to gross domestic product (GDP) soared to a record high at the end of the third quarter last year, reports said Sunday, quoting data from the Bank for International Settlements (BIS).

Policies | 2018-03-18 16:35

24% of Korean workers low-wage earners: OECD says

Nearly 24 percent of Korean workers are found to be “low-wage earners,” according to the Organization of Economic Cooperation and Development (OECD), Sunday.

Policies | 2018-03-18 15:55

Korea, China to expand FTA to service and investment

With Korea and China set to start negotiations to expand the scope of their bilateral trade agreement to services and investment this week, experts say it could be a meaningful opening of the door to China's $1 trillion services market.

Policies | 2018-03-18 15:28

NPS hands over voting rights to private committee

The National Pension Service (NPS) will hand over much of its voting rights to a private committee, to prevent them from being abused by the government or politicians.

Policies | 2018-03-16 16:59

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Missile attack on Syria