SEOUL, Oct. 17 (Korea Bizwire) – Global credit appraiser Fitch Ratings has reaffirmed South Korea’s sovereign rating at “AA-” with a stable outlook, the finance ministry said Tuesday. Fitch has maintained the level of AA- for South Korea, the fourth-highest level on its sovereign ratings table, since September 2012 when it upgraded the rating by [...]
![[In-depth] Foreign Investment Firms Put out Rosy Predictions for 2015 Korea Economy](http://koreabizwire.com/wp/wp-content/uploads/2014/12/34402175_m-800x512.jpg "[In-depth] Foreign Investment Firms Put out Rosy Predictions for 2015 Korea Economy")
SEOUL, Dec. 15 (Korea Bizwire) – Foreign investment firms are putting out a series of optimistic forecasts for the stock market in 2015, which are overall more generous than those of domestic firms. For example, Fidelity Worldwide Investment, the asset management firm with US$280 billion under management, said in a recent report on the Korean market for [...]
SEOUL, Korea, April 30, 2014 (Korea Bizwire) – Amid the atmosphere of nationwide mourning following the ferry sinking incident, businesses are refraining from engaging in aggressive marketing for May. The shift in attitude reflects how the whole economy is still reeling from the tragic maritime accident; May is a period during which the economy enjoys a momentary boost driven by the [...]
SEOUL, Korea, April 30, 2014 (Korea Bizwire) – A study shows that “wageless growth,” which is an economic phenomenon in which real wage goes down while labor productivity is increased, was most prominent in Korea among major developed economies. According to a research report published by the Korea Institute of Finance “International Comparison on Wageless [...]