Tag : South Korea economy

Business

South Korea retail sales climb 5.6% in March

omandailynews.com
SEOUL: Sales at South Korea’s major retailers rose 5.6% from a year earlier in March, extending gains in consumer spending as online platforms outpaced store-based outlets and department stores benefited from seasonal demand. The Ministry of Trade, Industry and Energy...
Business

South Korea auto exports rise on March hybrid demand

omandailynews.com
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...
Business

South Korea FX reserves fall in March on stronger dollar

omandailynews.com
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...