International ratings agency Moody's on Friday slashed its forecast for South Korea's 2019 economic growth to 2 percent from the previous 2.1 percent.In a report, Moody's also cut its outlook for South Korea's economic growth for next year to 2.1 percent from 2.2 percent. "T

South Korea said Friday it will take steps to try to minimize any possible fallout from the trade row with Japan, which may further escalate down the road after its decision to terminate a military information-sharing pact with the neighbor."We will closely manage the situation to make sure that th

South Korea's exports are set to extend their slump to a ninth month in August, hurt by a decline in outbound shipments of semiconductors, data showed Wednesday. The country's exports declined 13.3 percent in the first 20 days of August from a year earlier to US$24.9 billion,

South Korea has notified Japan in advance of its plan to remove Tokyo from its list of trusted trading partners and is willing to talk with Japan further if needed, the trade minister said Saturday.South Korea decided on Monday to remove Japan from its "whitelist" of countries that receive prefere

South Korea remains gripped by sluggish exports and investments despite a slow gain in industrial production, a government report said Friday.The finance ministry report said the Korean economy is faced with growing downside risks from a slowing global economy, lower demand for chips and escalating

South Korea will strengthen its environmental and health safety inspections for battery, tire and plastic waste imported from Japan, the government said Friday.The Ministry of Environment said it will beef up radioactive and heavy metals tests on Japanese waste batteries, tires and plastics being im

There is a Korean saying that if you want to go fast, then go alone, but if you want to go far, then let us go together,” said Ambassador Ngovi Kitau during a welcoming dinner in honor of MD Seok Hong of Korea Overseas Infrastructure and Urban Development Corporation (KIND) held at the AIN Guest Hou

SK Innovation Co., South Korea's biggest refiner, said Thursday it will borrow 800 billion won (US$658 million) overseas by next year to invest in car battery and battery separator plants.SK Innovation has increased in the battery business as it sees a new growth driver for the country's thi

South Korea's exports dropped 22.1 percent in the first 10 days of August mainly due to decreased shipments of semiconductors, one of the country's key items, customs data showed Monday. The country's exports stood at US$11.5 billion in the Aug. 1-10 period, according to the Korea Custom

Foreigners remained net buyers of South Korean stocks in July while posting a net outflow from the bond market for the first time in five months, the financial regulator said Monday. Offshore investors bought a net 2.05 trillion won (US$1.69 billion) of local shares last month, marking the second co

South Korea's growth potential has dipped to the mid-2 percent range and may further decline due to the fast aging of the population that is beginning to affect its labor force, a local think tank suggested Sunday.According to the Hyundai Research Institute, the country's growth potential ha

The state-run Korea Gas Corp. said Friday its net losses narrowed sharply in the second quarter on gas price hikes. Net losses for the three months ending June 30 narrowed to 6.8 billion won (US$5.6 million) from 129.6 billion won a year earlier, the company said in a statement."Gas prices

Samsung Electronics Co. raised its share in the global DRAM market in the second quarter thanks to some recovery demand in the server sector, but revenues fell due to slumping prices, a market researcher said Friday.Samsung's market share in the DRAM market stood at 45.7 percent in the April-Jun

South Korea said Tuesday it will take bold steps to stabilize its financial markets in case of increased volatility, signaling Seoul's possible intervention in the foreign exchange market. The move came after the United States designated China as a currency manipulator in an escalating trade war

[코리아포스트 김도균 기자] 코스피가 급락하는 등 일본 수출규제의 후폭풍이 증폭되는 가운데 국내 기업 반도체 3종이 일본을 이탈, 일본에 큰 악영향을 줄 것이라는 진단이 나왔다. 6일 현재 코스피가 장을 열자마자 급락, 1900선까지 무너진 상태다.이에 삼성전자와 SK하이닉스 등은 본격적인 탈 일본 추진에 착수했다.이들의 모습을 관찰하던 전문가들은 내년 2월을 기점으로 탈 일본이 순차적으로 이루어져 결국 일본 경제는 큰 타격을 받을 것이라는 분석을 내놓았다.내용에 따르면 8월 말에 3개 핵심 소제 대체가 마무리되고 구

President Moon Jae-in stressed the need Monday to promote economic growth based on inter-Korean peace in order to counter external pressure, such as Japan's retaliatory trade restrictions. He said the so-called peace economy is a way for South Korea to catch up with Japan economically.

South Korean imports of Japanese beer and cars tumbled in July due to a boycott of Japanese products here amid a bilateral trade spat with the neighbor, data showed Tuesday. Imports of Japanese beer nose-dived 45 percent on-month to US$4.34 million last month, according to the data from the Korea Cu

[코리아포스트 김도균 기자] 공직사회 첫 발을 딛게 될 외교관 후보자를 대상으로 한 맞춤형 청렴교육과정이 최초로 실시될 예정이다.5일 국민권익위원회(위원장 박은정, 이하 권익위) 청렴연수원과 외교부(장관 강경화) 국립외교원은 하루 동안 충북 청주에 있는 청렴연수원에서 제6회 외교관 후보자 44명을 대상으로 맞춤형 청렴역량 강화교육을 진행한다고 밝혔다. 내용에 따르면 이번 외교관 후보자 대상 맞춤형 청렴역량 강화교육은 청렴연수원과 국립외교원이 협업으로 개설하였으며, 외교관 후보자에게 필요한 반부패 지식을 다양한 사례를

[코리아포스트 손다솜 기자]경주세계문화엑스포와 서울 서초구가 상호협력을 위한 협약을 맺고 교류확대와 기관 홍보 등에 적극 협력키로 했다.(재)문화엑스포(이사장 이철우 경북도지사)는 지난 3일 경주엑스포 대회의실에서 경주세계문화엑스포 류희림 사무총장과 서초구 조은희 구청장 등 관계자가 참석한 가운데 상호교류 협력에 관한 업무협약식을 가졌다.두 기관은 협약을 통해 홈페이지와 SNS 등 다양한 채널을 이용한 상호 홍보활동에 적극 협조하기로 했다. 또 경주엑스포는 서초구민과 구청 임직원에게 엑스포 이용료를 할인해주기로 약속했다.

[코리아포스트 손다솜 기자] 우리 기업의 중국 유아교육 시장 진출 방안으로 유아 창의력 개발과 이용자와의 상호작용 콘텐츠에 초점을 둔 앱 개발이 제시됐다. 한국무역협회(회장 김영주) 청두지부가 5일 발표한 ‘중국 유아교육 어플리케이션 시장 진출전략’에 따르면 지난해 중국의 유아교육용 앱 시장 규모는 42억2000만 위안(약 7236억 원)이며 3월 한 달간 유아교육용 앱 사용자는 6136만 명에 달했다.유아교육용 앱의 주요 소비자는 유아 자녀를 둔 26~35세가 전체의 74%를 차지했고 선호 과목은 영어(70%), 수