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00:30
South Korea's ICT exports hit ten-year high on soaring semiconductor sales
South Korea's I-C-T exports hit a ten-year high last year. The Bank of Korea and the trade ministry say the nation's ICT exports in 2017 amounted to almost 197-point-eight billion U.S. dollars. Shipments of ICT products also amounted to 34-point-four percent of South Korea's total exports last year. South Korea's ...
2018-04-21 12:44:54 KST -
00:37
Korea Sale Festa likely to run for shorter period this year, but with bigger discounts
Korea Sale Festa, a massive shopping and tourism festival is back. This year, it's likely to be shorter than usual, lasting about two weeks. But smart shoppers can find solace in the fact that it could feature bigger discounts. The Ministry of Trade, Industry and Energy is considering shortening the event from its...
2018-04-20 18:06:05 KST -
01:53
Seoul's finance minister meets IMF, World Bank heads in Washington
South Korea's Finance Minister Kim Dong-yeon met with IMF Managing Director Christine Lagarde in Washington on Thursday to discuss currency market issues. On the sidelines of the G20 finance ministers and central bank governors meeting, Minister Kim said Seoul is working on raising the transparency of its forex ...
2018-04-20 18:06:05 KST -
00:41
Samsung Display takes legal action to halt disclosure of work environment report
Samsung Display has filed a legal complaint against the government's decision to disclose a report on the firm's work environment. According to local reports on Friday, Samsung Display claims revealing the report could hurt the company's competitiveness as it contains confidential information and tr...
2018-04-20 12:14:43 KST -
00:35
GM Korea to hold board meeting Friday, will file for bankruptcy protection if labor union talks fail
Ailing automaker GM Korea will hold a board meeting this evening to discuss filing for bankruptcy protection if it fails to reach a restructuring agreement in the coming hours. Company representatives say executives, including GM Korea's CEO Kaher Kazem will attend the board meeting. Talks on Thursday between...
2018-04-20 12:14:43 KST -
00:52
Thursday's market wrap
It was a red day on Wall Street on Thursday, as investors weighed a host of corporate earnings reports and energy prices went up. The Dow Jones closed zero-point-three percent lower at 24,664, pulled down by Intel and Procter & Gamble Corporation. The S&P 500, also down more than half-a-percent at 2,693, while the ...
2018-04-20 04:46:18 KST -
00:27
Hyundai-Kia's European sales increase in March despite sluggish EU automobile market
Hyundai Motor and its sister company Kia saw their European sales rise in March. This comes despite an overall slowdown in the EU's car market. According to data released by the European Automobile Manufacturers Association, Hyundai and Kia sold over 60-thousand and 56-thousand units, respectively in Europe last ...
2018-04-19 19:08:45 KST -
00:34
Trump, Abe reaffirm their differences on trade-related issues
U.S. President Donald Trump and his Japanese counterpart agreed to intensify talks to expand investment and trade during their meeting at the Mar-a-Lago resort in Florida. However the two leaders made it clear that differences remained in each countries' approach to their trade imbalances. While Trump prefers a bil...
2018-04-19 19:08:40 KST -
01:25
Korea's producer prices stay flat in March
South Korea's producer prices stayed steady in March from the previous month as agricultural product prices stabilized. The Bank of Korea says last month's producer price index, a barometer of future consumer inflation, reached 104-point-zero-seven, slightly above February's figure. On-year, the index is up one-...
2018-04-19 18:02:30 KST -
00:49
Korea's producer prices stay flat in March
South Korea's producer prices stayed steady in March from the previous month as prices of agricultural products stabilized. The Bank of Korea says last month's producer price index, a barometer of future consumer inflation, reached 104-point-zero-seven, slightly above February's figure. On-year, th...
2018-04-19 10:00:46 KST -
03:19
Antics of Chaebol heirs spark outrage again
The antics of Korea's wealthy business families are making headlines again. Korean Air Senior Vice President Cho Hyun-min, daughter of the parent company's chairman, is under police investigation after throwing a tantrum and allegedly throwing a bottle of water at a business meeting. The alleged inc...
2018-04-19 10:00:43 KST -
01:02
Wednesday's market wrap
It was a mixed Wednesday on Wall Street, as traders weighed strong earnings from Morgan Stanley against somewhat disappointing results from International Business Machines Corporation. The Dow Jones lost a bit to close at 24,748, while the S&P 500 edged up two points to 2,708. The tech-heavy Nasdaq, was up zero-poin...
2018-04-19 05:07:03 KST
top stories
02:31
North Korea to halt nuclear and ICBM tests, shut down nuclear test sites
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00:34
U.S.-N. Korea summit could be held in neutral locations like Geneva or Singapore: WSJ
The U.S.-North Korea summit could reportedly take place in a neutral l...
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02:00
Trump welcomes North Korea's decision, calling it "very good news" and big progress
About an hour after the news broke,... President Trump tweeted his...
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02:21
Two Koreas set up first hotline between leaders
On Friday, working-level officials from Seoul and Pyongyang succes...
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02:03
Direct communication line between two Koreas to be established Friday
The presidential office of Cheong Wa Dae announced on Thursday tha...
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01:57
Seoul looks for ways to turn armistice agreement into peace treaty with North Korea: Cheong Wa Dae
At the upcoming inter-Korean summit, the Presidential Office of Ch...
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02:57
N. Korea's denuclearization would be "tremendous" for the world and U.S. will do everything to make summit with N. Korea success : Trump
At a joint press conference with Japanese Prime Minister Shinzo Ab...
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01:58
S. Korean President Moon Jae-in fourth greatest leader in the world: Fortune
Just a week before the historic 2018 Inter-Korean summit-- South Korea...
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Lastest News
- U.S.-N. Korea summit could be held in neutral locations like Geneva or Singapore: WSJ
- Trump welcomes North Korea's decision, calling it "very good news" and big progress
- South Korea's ICT exports hit ten-year high on soaring semiconductor sales
- North Korea to halt nuclear and ICBM tests, shut down nuclear test sites
- Weather
- Two Koreas set up first hotline between leaders
- Trump welcomes North Korea's decision, calling it "very good news" and big progress
- 22nd meeting of Korea-China Joint Economic Committee was held in Beijing on Friday after 2 years of hiatus
- Sunny and warm but dusty with high ozone levels
- S. Korean gov't to pay for performance fees, flight charges, etc. for its Pyongyang performances
