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Start your next chapter in life with smart purchasing tips for first-time home buyers

Money Cents is sponsored by Capital Credit Union.Buying a home is one of life's biggest milestones, but is also very overwhelming. Here's some simple tips for f

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Beware of baseless optimism

Buoyed by signs of an economic recovery, Finance and Economy Minister Choi Sang-mok said, Thursday, he sees 'rare signals of green light for the national economy.' He was referring to Korea's economy growing 1.3 percent during the first three months of this year, the highest in 27 months. However, Choi might end up regretting his overly optimistic outlook in light of the formidable economic challenges facing the nation.

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Wall Street falls on double dose of disappointing economic data, as Meta sinks

Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sharp drop for Facebook’s parent company, one of Wall Street’s most influential stocks, also hurt the market.

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Korea's chipmaker SK hynix's profit beats expectation in Q1

SK hynix said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing.

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Hyundai Motor to bolster hybrid sales amid falling EV sentiment

Hyundai Motor will boost sales of its hybrid cars and SUVs as part of its key strategy to ensure profitable growth amid falling sentiment for electric vehicles (EV), the company said Thursday during a conference call.

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Johnnie Walker,Yantai Kaoliang, Wild Turkey among imported liquor brands to experience price rises in Korea

Various imported liquors here are raising their prices due to the strengthening of the U.S. dollar against the Korean won as well as logistics costs, which are forcing local importers to raise the prices of their products, according to industry officials, Thursday.

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Overdue wages for migrant workers average $4,825: survey

Overdue wages for migrant workers averaged 6.63 million won ($4,825), a survey conducted by the state human rights watchdog showed Thursday.

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US economic growth slows more than expected in first quarter

U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Federal Reserve would not cut interest rates before September.

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KG Mobility launches renovated hybrid assembly line

PYEONGTAEK, Gyeonggi Province - KG Mobility's much-touted new assembly line that can produce both internal combustion and electric vehicles shows the direction the company is pursuing on the production side, as both remain popular at the current stage of the industry's paradigm shift.

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Apple announces event on May 7 amid reports of launch of new iPads

Apple will hold an event on May 7, the company said on Tuesday, amid reports that it would roll out the long-anticipated revamped versions of iPad Pro and iPad Air next month.

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