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01:10
S. Korean gov't to invest in key sectors for Fourth Industrial Revolution
The nation's trade minister met with government officials and the heads of eleven companies in Pangyo, Korea's tech valley. They discussed ways to achieve innovative growth, one of the Moon Administration's key economic agendas. Paik Un-gyu outlined some of these plans. (Korean) "We will help foster a data-...
2018-08-17 18:00:41 KST -
01:59
Number of newly added jobs y/y in July marks lowest in South Korea since January 2010
More disappointing figures on the jobs front in South Korea. According to Statistics Korea, the number of people employed last month was around 27 million. That's up a mere five-thousand from the same time last year. It's also the smallest on-year rise in newly employed people since January 2010, and that year w...
2018-08-17 18:00:41 KST -
00:30
China gives leeway for more foreigners to trade A shares
Beijing will further open its financial market to foreign investors to boost its sluggish stock market. The China Securities Regulatory Commission plans to allow foreigners working in mainland to establish accounts to directly trade the country’s blue-chip A-shares from September. Until now, the authortiies only pe...
2018-08-17 14:25:39 KST -
00:46
India considering safeguards on Korean, Japanese steel imports: Report
Reports say South Korean steelmakers could become the target of trade safeguard measures from India to protect Indian manufacturers. Reuters reported Thursday, citing an Indian government document, that India's imports of steel from Korea and Japan have surged in recent months as they try to redirect their shipments...
2018-08-17 12:01:11 KST -
00:42
Samsung, LG among most popular brands in Indonesia
Samsung Electronics and LG Electronics have been ranked among the top three brands in Indonesia. According to a report released on August 17th by the marketing agency ‘Campaign Asia’, Samsung Electronics was ranked number one and LG Electronics came in third place out of the top one-hundred brands in Indonesia, the w...
2018-08-17 09:49:23 KST -
00:52
Number of newly added jobs y/y in July marks lowest in South Korea since January 2010
More disappointing figures on the jobs front for South Korea. According to Statistics Korea on Friday, around 27 million people were employed in South Korea last month. That's up a mere five-thousand from the same period last year. It's the first time since January 2010 that the number of newly employed people ...
2018-08-17 08:25:59 KST -
00:58
Market wrap up
Taking a look at your market action. Wall Street rebounded on Thursday, with the Dow having its best day in over four months on a series of positive earnings and waning trade concerns. Pulling up the numbers for you. The Dow Jones Industrial Average rose 396 points, or 1.6 percent, to 25,558. The S&P 500 gained 2...
2018-08-17 04:59:52 KST -
02:19
Korea's National Tax Service announces measures to support small business owners
Korea's National Tax Service, or NTS, said Thursday it will postpone tax audits or scrap them entirely for around five-point-seven million self-employed people and small businesses 'til the end of 2019. (Korean) "First, we will postpone tax inspections for five-point-1-9 million people, about 89 percent all...
2018-08-17 03:54:32 KST -
02:15
South Korea's GDP ranked 12th globally last year, down one spot: World Bank
The South Korean economy ranked as the 12th largest in the world in 2017,… one notch down from a year earlier. According to World Bank data released on Thursday, South Korea's gross domestic product last year was more than one-point-five-three trillion U.S. dollars. GDP is the sum of the total value of ...
2018-08-16 18:01:48 KST -
00:33
Finance Minister heralds sharp increase in gov’t spending based on increasing tax revenues
The government will increase spending next year, based on sound tax revenues. Seoul's finance chief announced at a public finance forum Thursday the plans designed to support growth and create more jobs. The ministry earlier projected a budget increase of 5-point-7 percent, but now plans to increase spending by a f...
2018-08-16 14:06:04 KST -
00:38
ICT exports rise by double digits for 20th straight month in July
South Korea's exports of information and communications technology products posted *double-digit growth for the 20th month in a row in July. The trade ministry says. over 18-point-5 billion U.S. dollars of ICT products were shipped overseas last month,. up 18-point-two percent on-year. Solid demand for memory chip...
2018-08-16 12:35:12 KST -
00:49
South Korea's GDP ranked 12th globally last year, down one spot: World Bank
South Korea was ranked the world's twelfth biggest economy last year, down one spot from a year earlier. According to the World Bank, South Korea's gross domestic product last year was more than one-point-five-three trillion U.S. dollars. GDP is the sum of the total value of all final goods and services produced ...
2018-08-16 08:29:54 KST
top stories
02:06
Xi Jinping to attend North Korea's 70th anniversary celebrations of regime's establishment: Straits Times
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00:47
2018 Jakarta Asian Games to swing into action with opening ceremony Saturday
The premier sporting event in Asia swings into action tonight in Indon...
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02:29
South and North Korean families to spend 11 hours together over three days at family reunions
Next Monday, the two Koreas will start their first family reunions...
Most Popular in News
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02:41
'True liberation' means ending division of Korea: President Moon
True liberation, he said, means putting an end to the division of ...
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02:13
President Moon calls for bipartisan support in ratifying joint declaration signed by two Korean leaders
President Moon Jae-in is putting speed on his so-called "joi...
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02:29
South and North Korean families to spend 11 hours together over three days at family reunions
Next Monday, the two Koreas will start their first family reunions...
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01:36
President Moon express hope of finding remains of independence fighters
Korea is celebrating its independence from Japanese imperial rule...
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02:50
S. Koreans prepare to meet N. Korean relatives at reunions next week
For 68 years, Lee Soo-nam has been holding on to these photos of hi...
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Lastest News
- Xi Jinping to attend North Korea's 70th anniversary celebrations of regime's establishment: Straits Times
- 2018 Jakarta Asian Games to swing into action with opening ceremony Saturday
- South and North Korean families to spend 11 hours together over three days at family reunions
- U.S. focused on ensuring successful denuclearization negotiations with North Korea: State Dept.
- Court rejects arrest warrant for Gyeongsangnam-do Province governor over online opinion rigging
- About 40% of municipalities in Korea at risk of extinction due to outflow of young people
- Hot daily highs, cool in the evening
- Jin Air licence crisis, government decides not to cancel license
- Koreans' head size has grown 6 percent over last 40 years
- Seoul's 'tropical nights' end after 27 days
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