Thursday, October 18, 2018
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BOK freezes rates at 1.5%

The Bank of Korea (BOK) announces its decision to keep Korea's key interest rate at 1.50 percent in its Monetary Policy Board meeting on...
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Korea pushes for new energy sources

A Korea Gas Corporation (KGC) employee explains how LNG is transported to representatives from the Ministry of Trade, Industry and Energy, in front of...
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Peace to help AIIB achieve its goals: finance ministry

First Vice Minister of Strategy and Finance Ko Hyoung-kwon (left) shakes hands with the president of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun,...
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Japanese tourists return to Korea

Japanese tourists are coming back to Korea, as tensions on the Korean Peninsula alleviate. The photo shows Japanese tourists waiting in a line to...
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Consumer sentiment rises amid improved South-North relations

A traditional market in Seoul is crowded with hungry diners. (Korea.net DB) By Lee Yoonseo and Kim Young Shin  The Consumer Composite Sentiment Index (CCSI) rebounded in May after...
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Korea, Mercosur begin trade negotiations

Authorities from Korea and South America pose for a photo during trade negotiations. From left are Uruguayan Foreign Minister Rodolfo Nin Novoa, Paraguayan Foreign...
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First-ever Korean expo held in Moscow

Visitors look at the goods on display at the 2018 Korea Brand & Entertainment Expo, in Moscow on May 14. By Park Hye Ri and Yoon Sojung Photos =...
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Korea files WTO complaint over US tariffs

Korea filed a complaint with the World Trade Organization (WTO) over the U.S.'s safeguard tariffs on washing machines and solar energy products, the trade...
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IMF predicts 3 percent growth for Korea

The IMF forecasts on April 17 that Korea’s GDP growth rate for 2018 and 2019 will be 3.0 and 2.9 percent, respectively. (Korea.net DB) By Park...
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Korea invests USD 2.2 billion in overseas aid in 2017

A volunteer for the Korea International Cooperation Agency (KOICA) teaches elementary students about sanitation and hygiene, in Cambodia in December 2017. (KOICA) By Kim Eun-young and Sohn JiAe  Official...
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Korea helps Vietnam develop call centers

Yang Gwon Mo, a general manager from the Gwangju Call Center, and a representative from the Vietnamese Social Security (VSS) bureau gather during a...
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Korea to head WTO Safeguard Committee

The World Trade Organization (WTO) appointed Kwon Hyouk-woo, the head of the Permanent Mission of the Republic of Korea in Geneva, as the chairperson...
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Korea signs FTA with 5 Central American countries

Trade Minister Kim Hyun-chong (third from left) joins hands with ministers from five Central American countries at the Korea-Central America Free Trade Agreements (FTA)...
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Korea, Vietnam trade continues to grow, expand

As President Moon Jae-in visits Vietnam, the Minister of Trade, Industry and Energy Paik Ungyu (right) and Vietnam’s Minister of Industry and Trade Tran...
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Korea, Switzerland agree on KRW 11 trillion currency swap

Swiss National Bank Chairman Thomas Jordan (left) and Bank of Korea Governor Lee Juyeol shake hands after signing a bilateral currency swap agreement, in...
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Korea signs FTA with 5 Central American countries

Trade Minister Kim Hyun-chong (third from left) joins hands with ministers from five Central American countries at the Korea-Central America Free Trade Agreements (FTA)...
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Korea, Switzerland agree on KRW 11 trillion currency swap

Swiss National Bank Chairman Thomas Jordan (left) and Bank of Korea Governor Lee Juyeol shake hands after signing a bilateral currency swap agreement, in...
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Korea, Uzbekistan agree to expand economic cooperation

Uzbekistani President Shavkat Mirziyoyev (left) meets with Deputy Prime Minister and Minister of Strategy and Finance Kim Dong Yeon at the presidential palace in...
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Korea, US hold second round of FTA negotiations

Korean negotiators headed by Deputy Minister for FTA Negotiations Yoo Myung-hee from the Ministry of Trade, Industry and Energy, and U.S. negotiators led by...
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Korea records 3.1 percent GDP growth in 2017: central bank

The Bank of Korea announced on Jan. 25 that Korea’s gross domestic product (GDP) increased by 3.1 percent in 2017, compared to that of...

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