Tag: slump

slump

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Export vehicles are parked at Pyeongtaek Port in Pyeongtaek, Gyeonggi, on Dec. 4. [NEWS1]

Business sentiment for January pessimistic over slump in construction, steel sectors: Poll

Korea's business sentiment remains pessimistic for January amid a lingering slump in the construction and steel industries, a poll showed Monday.

2025.12.29

Seong Eun-jeong poses during an interview with the JoongAng Ilbo at Suwon Country Club in Yongin, Gyeonggi, on Sunday. [JOONGANG ILBO]

Almost a decade later, Seong Eun-jeong gets once-promising career back on track with KLPGA Tour card

Nearly a decade after her failure at the 2016 BC Card-Hankyung Ladies Cup, Seong Eun-jeong has earned her way back to the KLPGA Tour by securing her 2026 Tour card in November, overcoming years of injuries and a prolonged slump.

2025.12.1

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Visitors are seen at a cinema theater in Yongsan, central Seoul, on Feb. 19, 2025. [YONHAP]

Major cinema chains close theaters amid box office slump

CGV, the country's largest multiplex chain, has recently announced the closure of a landmark cinema in downtown Seoul's Myeongdong district amid dwindling audience numbers.

2025.10.19

Korea's hydrogen vehicle sales slump in first four months of 2025

Korea's hydrogen fuel cell EV sector is facing a sharp downturn this year, with both domestic sales and exports falling significantly amid a lack of demand, industry data showed Wednesday.

2025.5.28

Export vehicles are parked at the car-only pier at Pyeongtaek Port in Pyeongtaek, Gyeonggi, on May 20. [NEWS1]

Exports down 2.4% in first 20 days of May amid U.S. tariff measures

Korea's exports went down 2.4 percent from a year earlier in the first 20 days of this month due in part to sluggish shipments to the United States amid ongoing tariff measures, data showed Wednesday.

2025.5.21

Officials from the National Forensic Service, police and fire authorities inspect the scene at Kumho Tire’s Plant in Gwangju on May 19. [YONHAP]

Kumho Tire shares skid after weekend fire disrupts production

Kumho Tire's shares fell after a factory fire disrupted production, affecting supply.

2025.5.19

The Seoul Samsung Thunders are close to finishing the 2024-25 KBL season in last place. [KBL]

Seoul Samsung Thunders on verge of fourth straight last-place KBL finish

The Seoul Samsung Thunders are on the brink of becoming the first team in KBL history to finish last for four consecutive seasons.

2025.4.2

Ansan OK Financial Group Okman's Song Hui-chae, right, attacks during a V League game against Seoul Woori Card Woori Won at Sangnoksu Gymnasium in Ansan, Gyeonggi on Dec. 3. [KOVO]

Ansan Okman still winless all month with one game to go

Ansan OK Financial Group Okman could end the calendar year with zero wins in December with a record that stands in stark contrast to their preseason performance.

2023.12.27

Busan KCC Egis's Heo Ung, right, in action during a KBL game against the Changwon LG Sakers at Changwon Gymnasium in Changwon, South Gyeongsang on Sunday. [YONHAP]

Busan KCC pick up their game after early KBL season slump

Busan KCC Egis seem to have overcome their wobble from the early days of the season and could bring back their preseason glory, extending their KBL winning streak to six games after Sunday’s victory against the Changwon LG Sakers.

2023.12.25

Deregulation and restructuring are the keys

The government has only one option left to salvage the economy without extra spending — in other words, eliminating unnecessary regulations and expediting structural reforms to strengthen the fundamentals of the economy.

2023.8.20