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Joori Roh

South Korea October exports fall most in 4 years but government says worst may be over

01 Nov 2019

SEOUL South Korean exports in October fell for an 11th consecutive month and by the most in nearly four years as shipments to China kept slowing and computer chip prices plunged, data showed on Friday.

South Korea's October exports to fall for eleventh month on weak China, chip demand

29 Oct 2019

SEOUL South Korea's exports likely contracted in October, falling for an 11th straight month, pressured by weak sales to China and sluggish global demand for semiconductors.

South Korea to give up developing country status in WTO talks

25 Oct 2019

SEOUL South Korea will no longer seek special treatment reserved for developing countries by the World Trade Organization in future negotiations given its enhanced global economic status, its finance minister said on Friday.

South Korea's third-quarter growth slips, global risks scar exports and economic outlook

24 Oct 2019

SEOUL South Korea's economic growth slowed more than expected in the third quarter, and though exports showed some signs of recovery the overall outlook was clouded by a domestic spending slump and intensifying global trade frictions.

South Korea's third quarter GDP quarter-on-quarter growth seen slowing, no quick recovery seen: Reuters poll

22 Oct 2019

SEOUL South Korea's economy continued to grow in the third quarter but at a slower pace than in the second, when government spending lifted the pace following a contraction in January-March, a Reuters poll found on Tuesday.

Bank of Korea cuts rates, keeps door open for more as economy loses steam

16 Oct 2019

SEOUL South Korea's central bank cut its policy interest rate on Wednesday, as expected, and left the door open for further easing although a split vote on the move suggested the next reduction may not be imminent.

Bank of Korea seen cutting rates this week: Reuters poll

14 Oct 2019

SEOUL South Korea's central bank will likely cut its policy interest rate this week to support slowing economic growth and weak price pressures, a Reuters poll showed.

Deflation, falling exports seen driving more Bank of Korea rate cuts

01 Oct 2019

SEOUL South Korea recorded an annual fall in consumer prices for the first time in September while exports shrank for a 10th consecutive month, data showed on Tuesday, reinforcing expectations of further policy easing from the central bank.

South Korea exports seen falling for 10th month on trade, chip sector woes: poll

27 Sep 2019

SEOUL South Korean exports were seen contracting for the tenth consecutive month in September, although at a slower pace, as the U.S.-China tariff war continued to drag and uncertainty remained over a recovery in the semiconductor sector.

South Korea on highest alert after African swine fever found

17 Sep 2019

SEOUL South Korea has raised its animal disease alert to the highest level after discovering its first outbreak of deadly African swine fever at a pig farm in Paju, a town near its border with North Korea, the agriculture ministry said on Tuesday. | Video

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