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Climate change fuels inflation, threatens food industry

Extreme heat and abnormal climate are slamming global economies, fueling inflation. Korea’s inflation fell below 3 percent in June and July, but torrential downpour, extreme...

Student population in Korea hits new low as 18-year decline continues

The total number of K-12 students in Korea has hit its lowest level since modern records began, reflecting the drastic decline of the country's...

Korea’s export value index falls for 10th consecutive month

Korea’s export value index plunged by 15.8 percent in July from a year earlier, falling for 10 consecutive months, Bank of Korea data showed...

Culture Ministry hosts events overseas to attract tourists to Korea

Korea is hosting a number of K-culture events overseas, including in India, Germany and Indonesia, to attract more tourists to Korea, the Ministry of...

Disney+ struggles to grow share in Korean market

When Disney+ was first launched in Korea in November 2021, Star Wars, Marvel and animation fans were thrilled to dig into a treasure trove...

Korea looking to accelerate nuclear power exports

Korea is on a quest to find new markets for its nuclear power plant exports as more countries, including the Netherlands, Canada and the...

Exports down 16.5 percent in Korea so far in August

Korea’s exports has plunged 16.5 percent through late August, continuing the downward trend since last October. Korea logged $27.9 billion in exports in the first 20...

U.S. confirms unfrozen Iranian funds to be used for humanitarian purposes

Iranian funds recently released from Korea will be used for humanitarian purposes, an official of the U.S. State Department said Monday. “Iran’s accounts in other...

Korea to release billions in frozen Iranian assets

Seoul is taking steps to release Iranian funds held in Korea due to U.S. sanctions on Tehran, according to local media reports on Friday. It...

U.S. ban on tech investments in China not likely to affect Korea: Gov.t

Washington’s latest decision to regulate U.S. investments in Chinese high-tech companies is not likely to impact Korean businesses, the government said Thursday. However, as long-term...

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