• The Korea Times
  • search
search close
Reporter : Yi Whan-woo
Sun, April 21, 2024 | 01:09
Inflation's new ally: How climate change is making your wallet thinner
A recent surge in the price of apples and other popular fruit is heightening concerns over the adverse effects of climate change on inflation, which is on an upward trajectory again after easing toward the government’s 2 percent target goal.
Economy | 2024-04-17 08:57
IMF maintains Korea's 2024 economic growth outlook at 2.3%
The International Monetary Fund (IMF) kept its outlook for Korea's economic growth this year unchanged at 2.3 percent, Tuesday, from its previous forecast announced in January.
Companies | 2024-04-16 22:07
Gold banking accounts shine as price of precious metal soars
A growing number of bank clients are investing in gold using a deposit account that allows them to buy and sell the precious metal, whose price is surging due to heightened geopolitical risks and an increasing preference for safe haven assets.
Companies | 2024-04-16 16:04
BOK to keep current key rate longer than expected amid sticky inflation
Bank of Korea (BOK) Governor Rhee Chang-yong said Friday that the BOK will sustain its restrictive monetary policy, putting aside the widely held expectations that the central bank may begin cutting the rate in the second half of the year.
Companies | 2024-04-12 17:12
1,000-won bakeries become popular amid high inflation
Freshly baked bread, cake, pastries and other treats are increasingly sold at the very affordable price of just 1,000 won ($0.73) at vendor stalls and stores inside subway stations in Seoul amid the rising cost of living.
Companies | 2024-04-12 15:57
Foreign nationals to make up nearly 7% of Korea's population by 2042
The number of foreign nationals could potentially more than double in the next 20 years, thereby making up nearly 7 percent of the country's entire population by 2042, data showed Thursday.
Companies | 2024-04-11 16:02
Sleep market in Korea reaches W3 tril. says report
Kim Eh-ra, a salaried worker in her early 30s, says she is spending more money to get better sleep as her work stress continues to mount.
Companies | 2024-04-10 16:04
Demographic crisis drives life insurers into non-life insurance sector
Life insurance companies are progressively rolling out products aimed at covering medical expenses related to cancer, diseases, and other health threats amid a rapidly changing demographic landscape, according to industry officials, Wednesday.
Companies | 2024-04-10 16:04
Korea lags behind in tackling gender wage gap despite increase in female workers
The number of employed Korean women has reached a record high, but the country is still far from improving the wage gap between men and women, which is the worst in the Organisation for Economic Co-operation and Development (OECD).
Companies | 2024-04-09 16:42
Bank deposits diminish as stock, crypto markets grow
A fixed-term deposit account is where a lump sum of money is invested all at once for a fixed duration, in return for a predetermined interest rate for the corresponding period.
Companies | 2024-04-09 16:20
 1 2345678910
World Water Day 2024
Copyright