Korea Joongang Daily
Korea JoongAng Daily

Seoul submits opinion letter to USTR office on trade practices investigations and concerns

The Seoul government has submitted a formal opinion letter to the United States on the ongoing probes into Korea and other nations involving what it calls “unfair” trade practices related to structural excess production and forced labor.

2026-04-16

Korea's medium-term debt outlook shows improvement, says IMF report

Korea's medium-term debt outlook has improved slightly compared with previous projections, an International Monetary Fund (IMF) report said Thursday.

2026-04-16

Lee urges 'bold and transformative' innovation to improve manufacturing industry

President Lee Jae Myung called for bold innovations in manufacturing and structural reforms Thursday to address changes in the geopolitical landscape brought about by the Iran war.

2026-04-16

North Korean economy recovering due to closer ties with Russia and China, says South

North Korea's economy has entered a recovery phase thanks to closer relations with Russia and China, overcoming a period of recession, the Ministry of Unification in Seoul said Wednesday.

2026-04-15

IMF maintains Korea's growth outlook despite Iran war, rising inflation risks

Korea’s growth outlook held steady despite the Iran war, but inflation risks surged as the International Monetary Fund (IMF) raised its price forecast and warned of mounting global uncertainty.

2026-04-15

Young Korean men lose ground in labor market with steepest OECD decline in last 20 years

The footing of young men in Korea's labor market is slipping, posting the steepest decline among member states of the Organisation for Economic Cooperation and Development over the past two decades.

2026-04-14

Bio, display, mobility picked as next focus of public growth fund

The second round of investment by the megasized public growth fund will be mainly focused on the bio, display and mobility sectors, the financial regulator said on Tuesday.

2026-04-14

Foreigners, locals are traveling beyond greater Seoul area, gov't data shows

Traveling in Korea doesn’t equal traveling in Seoul anymore, according to the latest data revealed by the government.

2026-04-14

Korea's debt-to-GDP ratio projected to reach 60% by 2030 amid slower growth

Korea's national debt is projected to approach 60 percent of its GDP by 2030, government data showed Sunday, with the pace of increase widely expected to accelerate amid slowing growth and growing fiscal burdens.

2026-04-12

From limitless LTE to cram school crackdowns, gov't rolls out list of public relief initiatives

The government rolled out a list of policies to help alleviate the burden of inflation on the public, including a new mobile data service from telecommunications companies and refunds on unfair fees for private cram schools.

2026-04-09