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    Homeless women struggle to find place to spend night

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    People attempt to cut surging heating costs with creative solutions

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    Heavy snow hits Seoul, surrounding areas

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    Netflix series 'The Glory' draws focus to real school bullying

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    Shunsuke Michieda overwhelmed by Korean fans' support for his coming-of-age film

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    Inflation weighs on households

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    Kim Hyun-joo says humanity is at heart of action film 'Jung_E'

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    TXT brings together 'pansori' and fairy tale in new song 'Sugar Rush Ride'

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    INTERVIEWPartnerships with Korean companies help Delta Air Lines' post-pandemic recovery

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    PHOTOSAnother day of heavy snowfall in Korea

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    Koreans stunned by spike in heating costs

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    Life prisoner sentenced to death for beating inmate to death

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    Jang Keun-suk steps out of his comfort zone with 'The Bait'

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    'I was a stock investment addict': psychiatrist seeks to help addicted people through his book

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    Korea's childbirths hit record low in Nov.

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    ENA's new dating show to spotlight young adult's romance

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    Gov't to double subsidies for vulnerable households as energy bills soar

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Sat, January 28, 2023 | 22:43
Korea, Cambodia to boost trade, investment via FTA
Korea, Cambodia to boost trade, investment via FTA
South Korea and Cambodia agreed Friday to enhance bilateral trade and investment by maximizing their free trade deal, which came into force a month earlier, Seoul's industry ministry said.
2023-01-27 20:42
National pension anticipated to be fully drained in 2055: NPS
National pension anticipated to be fully drained in 2055: NPS
South Korea's state pension operator said Friday its fund is anticipated to be depleted in 2055 should the country maintain the current system amid the critically low birth rates and the aging population.
2023-01-27 18:49
Korea to sell $3.25 bil. of Treasury bills in Feb.
Korea to sell $3.25 bil. of Treasury bills in Feb.
Korea plans to sell 4 trillion won ($3.25 billion) worth of Treasury bills next month to finance the government's fiscal spending, the finance ministry said Friday.
2023-01-27 15:40
Korea not considering 'windfall tax' on energy firms
Korea not considering 'windfall tax' on energy firms
Korea's finance minister said Thursday the country is not considering the so-called windfall tax on energy companies, as local refiners have different business structures compared with European counterparts.
2023-01-26 17:45
Inflation weighs on households
Inflation weighs on households
Many Koreans were surprised by their heating bills this month, as their energy costs went up by some 30 percent compared to last winter, even though people's home-heating patterns haven't changed. The problem feels even more pronounced in households with young children, as they cannot choose to drastically reduce the heating of their homes, given the unusual cold spells that ...
Anna J. Park | 2023-01-26 15:56
FSS chief urges insurers to focus on stability
FSS chief urges insurers to focus on stability
Financial Supervisory Service (FSS) Governor Lee Bok-hyun urged CEOs of local insurance companies to pay extra attention to risk management and market stability, while refraining from overexpansion.
Anna J. Park | 2023-01-26 15:50
  • FSS chief warns of stern action against opposition to normalizing banks' biz hours
Korea's GDP shrinks 0.4% in Q4, 1st contraction in 10 quarters
Korea's GDP shrinks 0.4% in Q4, 1st contraction in 10 quarters
The Korean economy contracted 0.4 percent in the fourth quarter of 2022 compared to the previous three months, with the twin engines of growth - private spending and exports - declining simultaneously amid a global economic slowdown, the Bank of Korea (BOK) said Thursday. This marks the first time since the second quarter of 2020 that the Korean economy shrank. GDP contracted...
2023-01-26 15:40
Korea's gas, coal imports hit record high in 2022: data
Korea's gas, coal imports hit record high in 2022: data
Korea's imports of gas and coal hit an all-time high last year on surging global energy prices, data showed Thursday.
2023-01-26 13:36
  • Gov't to double subsidies for vulnerable households as energy bills soar
  • Koreans stunned by spike in heating costs
Inflation expectations inch up in January amid continued monetary tightening
Inflation expectations inch up in January amid continued monetary tightening
Korea's inflation expectations inched up in January from a month earlier amid the Bank of Korea (BOK)'s continued monetary tightening to bring price growth under control, a central bank survey showed Thursday.
2023-01-26 08:38
Korea's economic growth slows to 2.6% in 2022 on weak exports
Korea's economic growth slows to 2.6% in 2022 on weak exports
Korea's economy grew at a slower pace in 2022 as export growth slumped amid economic recession woes, central bank data showed Thursday.
2023-01-26 08:25
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Top 10 Stories
1People attempt to cut surging heating costs with creative solutions People attempt to cut surging heating costs with creative solutions
2Cabinet ministries turn deaf ear to watchdog's advice on sexual minorities Cabinet ministries turn deaf ear to watchdog's advice on sexual minorities
3Seoul to work with Hanoi to pursue peace on Korean peninsula Seoul to work with Hanoi to pursue peace on Korean peninsula
4More Korean manufacturers enjoy Georgia's hospitality More Korean manufacturers enjoy Georgia's hospitality
5Superintendent of Seoul Education Office gets suspended jail term Superintendent of Seoul Education Office gets suspended jail term
6SK E&S retains gov't support for Barossa gas project in Australia SK E&S retains gov't support for Barossa gas project in Australia
7Indonesia celebrates 50th anniversary of diplomatic ties with Korea via virtual event Indonesia celebrates 50th anniversary of diplomatic ties with Korea via virtual event
8LGES to capitalize on US IRA, Tesla partnership to continue record earnings LGES to capitalize on US IRA, Tesla partnership to continue record earnings
9KT&G aims to become global top-tier company KT&G aims to become global top-tier company
10Middle East 'sales diplomacy' picks up speed Middle East 'sales diplomacy' picks up speed
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