ROME, Oct. 31 (Korea Bizwire) — President Moon Jae-in on Sunday pledged that South Korea will compete the phaseout of coal-fired power generation by 2050 and contribute to achieving carbon neutrality on a global level. Moon made the remarks as the leaders of the Group of 20 countries gathered for the second day of the Rome [...]
SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s key stock index has posted the second-highest profit rate among its Group of 20 peers since this year’s bottom, helped by robust buying by individuals, the bourse operator said Sunday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,396.69 points Friday, soaring 64.42 percent from [...]
SEJONG/ISTANBUL, Oct. 7 (Korea Bizwire) — South Korea is seeking more free trade pacts and is committed to the establishment of a global value chain, the country’s vice trade minister has said. Speaking at a two-day G-20 trade ministers meeting which ended in Istanbul on Tuesday, Vice Minister Moon Jae-do said that following the 2008 [...]