South Korea retail sales climb 5.6% in March
South Korea major retailers posted a 5.6% March sales gain, with online channels taking a bigger share of consumer spending in the country....
Tag : South Korea economy
South Korea auto exports rise on March hybrid demand
SEJONG: South Korea’s automobile exports rose in March as strong global demand for hybrid vehicles lifted overseas shipments despite weaker sales in parts of Asia and the Middle East. The Ministry of Trade, Industry and Resources said auto exports totaled $6.37 billion last month, up 2.2% from a year earlier and marking......
South Korea FX reserves fall in March on stronger dollar
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday. Official reserves stood at $423.66 billion at the end of March, down $3.97 billion from......