Content sector in 2021 breaks export record with USD 12.4B
Content exports in 2021 set a record-high of USD 12.4 billion. According to the Ministry of Culture, Sports and Tourism’s study released on Jan. 4 on domestic cultural content in…
Business
Hyundai, Kia U.S. sales fall 1 pct amid chip shortage in 2022
SEOUL– Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States fell 1 percent in 2022 from a year earlier amid a prolonged…
Reshoring companies’ planned investment hits record high in 2022: data
SEOUL– A total of 24 South Korean companies returned home from their offshore operations last year, and their combined investment at home reached a record high of more than 1…
S. Korea, Iran discuss ways to boost economic cooperation
SEOUL– South Korea’s Trade Minister Ahn Duk-geun met with Iran’s top envoy to Seoul on Thursday for talks on ways to boost trade of humanitarian items and the overall economic…
S. Korean Bond Yields on Jan. 5, 2023
Today (%) Previous Session(%) Change (BP) 1-year TB 3.649 3.669 -2.0 2-year TB 3.691 3.689 +0.2 3-year TB 3.644 3.632 +1.2 10-year TB 3.571 3.597 -2.6 2-year MSB 3.675 3.679…
S. Korea to spend 790 bln won to support content industry startups this year
SEOUL– South Korea will spend about 790 billion won (US$622.5 million) to support small and medium-sized companies and startups in the content industry this year in order to increase exports…