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No. of 'discouraged workers' in S. Korea rose to 62,800 in 2021

The number of people who've given up on finding a job in South Korea so-called discouraged workers surged to an all-time high last year. According to an analysis by Yonhap News Agency, there were some...

2022-01-24 09:14:56 KST
S. Korea's food and transportation prices rise at fastest pace in 10 years in 2021

The increase in the price of food and transportation in South Korea hit a ten-year high in 2021. According to Statistics Korea on Monday, the increase in transportation was 6-point-3 percent, while...

2022-01-24 08:59:37 KST
Imports of Japanese beer down 91% compared to pre-boycott level in 2018

Imports of Japanese beer to South Korea have declined for the third consecutive year due to the continuing impact of a boycott of Japanese products. According to government data, imports of Japanese ...

2022-01-24 08:02:06 KST
00:35
Bitcoin falls below US$ 35,000, down 50% since November

The price of Bitcoin fell to below 35-thousand U.S. dollars this weekend, down 50 percent from its all-time high this past November. The sell-off has been led by a combination of factors, including the...

2022-01-23 13:28:28 KST
IMF chief says Fed rate hike could 'throw cold water' on recovery for certain economies

The International Monetary Fund chief says interest rate hikes by the Fed could (quote) "throw cold water" on economic recovery in certain economies. Speaking at The Davos Agenda on Friday...

2022-01-22 17:27:07 KST
S. Korea's exports up 22% y/y in first 20 days of January

South Korea's exports rose more than 20 percent from a year earlier in the first 20 days of January. According to the Korea Customs Service on Friday, the country's outbound shipments total...

2022-01-22 17:27:07 KST
02:05
Cabinet agrees on another US$ 11.7 bil. extra budget to support S. Korea's struggling businesses

South Korea's Cabinet on Friday has agreed on the extra budget proposal for 2022 worth almost 12 billion U.S. dollars. This time, it's solely for pandemic-hit businesses and fighting the virus. ...

2022-01-21 17:03:43 KST
00:35
S. Korea's exports up 22% y/y in first 20 days of January

So far this year, South Korea's exports are up more than 20 percent compared to the same period last year. According to customs data for the first 20 days of January, the country's outbound shipments ...

2022-01-21 17:03:43 KST
S. Korea proposes another US$ 11.7 bil. extra budget to support struggling businesses

The South Korean government has agreed on the extra budget proposal for 2022 worth almost 12 billion U.S. dollars at a cabinet meeting this morning, this time solely for pandemic-hit businesses and fig...

2022-01-21 16:41:00 KST
11:39
In-depth: Global market wrap-up

Time now for an in-depth look at the market news this afternoon. And for that, I'm joined on the line by Mr. Daniel Yoo, Global Strategist at Yuanta Securities. Mr. Yoo, good afternoon. Thank you for ...

2022-01-21 13:44:14 KST
00:37
BTS music video for 2017 hit 'DNA' reaches 1.4 bil. views on YouTube

South Korean boyband BTS have hit another major milestone with their "DNA" music video. According to Big Hit Entertainment, as of Thursday, the official video for the 2017 single has record...

2022-01-21 13:41:54 KST
01:45
Cabinet agrees on another US$ 11.7 bil. extra budget to support S. Korea's struggling businesses

South Korea's Cabinet on Friday has agreed on the extra budget proposal for 2022 worth almost 12 billion U.S. dollars. This time, it's solely for pandemic-hit businesses and fighting the virus. "W...

2022-01-21 10:04:17 KST

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No. of 'discouraged workers' in S. Korea rose to 62,800 in 2021

The number of people who've given up on finding a job in South Korea so-called discouraged workers surged to an all-time high last year. According to an analysis by Yonhap News Agency, there were some...

S. Korea's food and transportation prices rise at fastest pace in 10 years in 2021

The increase in the price of food and transportation in South Korea hit a ten-year high in 2021. According to Statistics Korea on Monday, the increase in transportation was 6-point-3 percent, while...

Imports of Japanese beer down 91% compared to pre-boycott level in 2018

Imports of Japanese beer to South Korea have declined for the third consecutive year due to the continuing impact of a boycott of Japanese products. According to government data, imports of Japanese ...

Bitcoin falls below US$ 35,000, down 50% since November

The price of Bitcoin fell to below 35-thousand U.S. dollars this weekend, down 50 percent from its all-time high this past November. The sell-off has been led by a combination of factors, including the...

IMF chief says Fed rate hike could 'throw cold water' on recovery for certain economies

The International Monetary Fund chief says interest rate hikes by the Fed could (quote) "throw cold water" on economic recovery in certain economies. Speaking at The Davos Agenda on Friday...

S. Korea's exports up 22% y/y in first 20 days of January

South Korea's exports rose more than 20 percent from a year earlier in the first 20 days of January. According to the Korea Customs Service on Friday, the country's outbound shipments total...

Cabinet agrees on another US$ 11.7 bil. extra budget to support S. Korea's struggling businesses

South Korea's Cabinet on Friday has agreed on the extra budget proposal for 2022 worth almost 12 billion U.S. dollars. This time, it's solely for pandemic-hit businesses and fighting the virus. ...

S. Korea's exports up 22% y/y in first 20 days of January

So far this year, South Korea's exports are up more than 20 percent compared to the same period last year. According to customs data for the first 20 days of January, the country's outbound shipments ...

S. Korea proposes another US$ 11.7 bil. extra budget to support struggling businesses

The South Korean government has agreed on the extra budget proposal for 2022 worth almost 12 billion U.S. dollars at a cabinet meeting this morning, this time solely for pandemic-hit businesses and fig...

In-depth: Global market wrap-up

Time now for an in-depth look at the market news this afternoon. And for that, I'm joined on the line by Mr. Daniel Yoo, Global Strategist at Yuanta Securities. Mr. Yoo, good afternoon. Thank you for ...

BTS music video for 2017 hit 'DNA' reaches 1.4 bil. views on YouTube

South Korean boyband BTS have hit another major milestone with their "DNA" music video. According to Big Hit Entertainment, as of Thursday, the official video for the 2017 single has record...

Cabinet agrees on another US$ 11.7 bil. extra budget to support S. Korea's struggling businesses

South Korea's Cabinet on Friday has agreed on the extra budget proposal for 2022 worth almost 12 billion U.S. dollars. This time, it's solely for pandemic-hit businesses and fighting the virus. "W...

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