South Korea’s kimchi exports soar in H1
The Korea Herald/Asia News Network SEOUL — South Korea’s exports of kimchi rose sharply in the first half of the year thanks to its growing popularity, data showed. Overseas shipments…
S. Korea’s economy shrinks 2.9% in Q2, worst since 1997 financial crisis
Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea’s economy contracted at a sharper rate than what had been expected in the second quarter, delivering the worst performance…
S. Korea’s drive to develop pan-Asia stock index ends in failure
The Korea Exchange in Yeouido, western Seoul. Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea’s ambitious drive to launch the first pan-Asian benchmark comprising major blue chip…
S. Korea’s virtual banks come of age in COVID-19 era
(Clockwise) Fintech startup Viva Republica CEO Lee Seung-gun, Naver Financial Group CEO Choi In-hyuk, K bank CEO Lee Moon-hwan and Kakao Bank CEO Yoon Ho-young (Yonhap and respective companies via…
Stock values of South Korea’s rich change upon COVID-19
The Korea Herald/Asia News Network SEOUL — The ranking of South Korea’s richest people by their stock value changed drastically upon the COVID-19 pandemic, a survey released by CEOScore showed.…
S. Korea’s demand for electric bicycles surges amid COVID-19 outbreak
Samchuly Bicycle’s Phantom Q. Samchuly Bicycle via The Korea Herald/Asia News Network SEOUL — South Korean bicycles maker Samchuly Bicycle said Monday its sales of electric bicycles have surged as…
S. Korea’s idle funds hit record-high amid COVID-19, low rate trend
Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea’s volume of short-term floating capital — so-called “idle funds” — surpassed 1,100 trillion won ($901 billion), hitting a record-high…
Japan keeps mum on S. Korea’s call to lift trade curbs as deadline looms
Yonhap via The Korea Herald/Asia News Network SEOUL — Japan has not responded to South Korea’s renewed call to swiftly retract export restrictions imposed in a row over wartime forced…
S. Korea’s Air Busan to resume flights on international routes in July
Yonhap via The Korea Herald/Asia News Network SEOUL — Air Busan Co., a low-cost affiliate of Asiana Airlines Inc., said Thursday it will resume flights on international routes from July…
Korea’s exports of coronavirus test kits tipped to grow further
AP-Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea’s exports of coronavirus test kits are expected to gather momentum down the road thanks to high overseas demand, industry…