South Korea
Korean inflation slipped to 0.7% in July
South Korea’s inflation rate cooled to a 0.7% pace in July, down from 0.8% in June. Slack oil prices contributed to the decline, leaving the rate at a 10-month low. Maeil Business Newspaper (South Korea) […]
Korean exports dropped 10.2% in July
South Korean exports saw their steepest decline in three months with a 10.2% drop last month from a year earlier, partly due to fewer working days. Minus exceptional factors, however, exports were down 1.6%, the […]
Mobile stock trading exceeds 30% of total volume in Korea
Smartphones used for growing share of South Korea’s stock trades. Stock trading on mobile devices has taken off in South Korea since 2009. Trading on smartphones is projected to account for a record 30% of […]
Korea faces major labor actions
The first major strikes of what is expected to be a wave of industrial actions are being launched in South Korea as the economy struggles. Unions are demanding substantial wage increases while resisting restructuring plans […]