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Greenpeace detects radiation near starting point for 2020 Tokyo Olympics' torch relay
Trump says NATO members to pay more through trade if they spend less on defense
S. Korea, China to continue joint efforts on establishing peace on Korean Peninsula
Gov't to boost Korea's trade with a goal of becoming top four export powerhouses by 2030
Huawei challenges U.S. FCC over its bar from government subsidy program
World's first geostationary air pollution monitoring satellite unveiled by S. Korea
How S. Korea's exports can rebound after wave of change in world trade
U.S. warns military option against N. Korea has 'never been off table'
Seoul ranks 2nd most popular tourist site in Asia-Pacific region from Oct. 2018 to Sept. 2019: ...
Tomorrow Seoul's low plunges to -9 degrees Celsius while cold wave alerts expanded in inland ar...
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04:42
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, thank you as always for making time. Thank you. S&P has decided to keep its sovereign credit rating for Korea at double A. A stable outloo...
2019-11-07 13:32:38 KST
00:30
One million people sign up for 'Open Banking' in first week since launch
It's been one week since South Korea launched 'Open Banking', which enables people to access all their bank accounts with just one app. And already it's got more than 1 million users. According to the Financial Services Commission, as of Wednesday more than 1 million people have registered around 1-point-8 million a...
2019-11-07 13:30:15 KST
01:55
S&P maintains S. Korea's credit rating at AA
Standard & Poor's has maintained South Korea's sovereign credit rating at AA for over three years now. The global ratings agency explained South Korea's economy has strong fundamentals and is well-diversified, meaning it doesn't depend on a certain industry or export. It added the country's growth rate is solid compa...
2019-11-07 13:30:14 KST
01:09
Wall St little changed but report U.S., China trade deal delay weighs
On Wall Street, stocks were near flat on Wednesday as a report that the U.S., China deal could be delayed until December increased worries about how long the trade war will go on. At closing bell, the Dow Jones Industrial Average closed flat at 27-490; the S&P 500 also finished flat and the Nasdaq Composite dropped th...
2019-11-07 04:07:27 KST
00:29
Current account records surplus of US$ 7.5 bil. in September, down 32% y/y
South Korea's current account surplus stood at seven-and-a-half billion U.S. dollars in September staying in the black for the fifth consecutive month. That's the biggest surplus in 11 months. A large gain in goods balance is cited as one of the main reasons behind the figure. The surplus amount, however narrowed ...
2019-11-06 16:45:22 KST
01:56
Land ministry announces areas subject to price ceiling system
The Ministry of Land, Infrastructure and Transport said on Wednesday that the newly-adjusted price ceiling system on privately-owned housing sites will be applied to 27 neighborhoods in Seoul. Most of these neighborhoods are in the four districts in the southeast of the city, as well as two neighborhoods in Yongsan-gu ...
2019-11-06 16:20:27 KST
00:39
8 out of 10 CEOs of domestic firms are professional business managers
The vast majority of Korea's biggest companies are run by professional business managers rather than family owners like in the past. That's according to a study by CEO Score, which says professional managers are in charge of 83 percent of the country's top 500 companies. The figure has been rising steadily in the p...
2019-11-06 16:19:27 KST
01:41
Gov't to cut number of troops by 79,000 by 2022, substituted by new technology
The South Korean government plans to cut the number of troops to 500-thousand by 2022 -- a reduction of 79-thousand from the current level. In a meeting with economy-related ministers on Wednesday, Finance Minister Hong Nam-ki said the government will reorganize the current military system and use new technology t...
2019-11-06 16:19:26 KST
06:27
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 Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea. Dr. Yang, thank you for coming on today. Thank you. So we have some positive news on the U.S.-China trade war. Both sides say...
2019-11-06 13:35:26 KST
01:55
U.S. considers dropping some tariffs on China to reach 'phase one' trade deal: WSJ
The Wall Street Journal reported on Tuesday that the U.S. and China are actively considering withdrawing some tariffs. A senior Trump administration official was quoted as saying removing tariffs will be "part of it" if the U.S. and China reach a trade deal. Washington and Beijing agreed in principle last month t...
2019-11-06 13:31:13 KST
00:31
Current account records surplus of US$ 7.5 bil. in September, down 32% y/y
South Korea's current account posted a surplus for the fifth consecutive month in September but on-year, the figure was down by more than 30 percent. The Bank of Korea says the surplus in September was seven-and-a-half billion U.S. dollars. That's still the highest figure in 11 months. The central bank attributed t...
2019-11-06 13:30:12 KST
01:43
Land ministry announces districts subject to price ceiling system
Big changes coming to South Korea's real estate market. The government has just revealed the districts where a new price ceiling system will be imposed to clamp down on rampant speculation. Our Hong Yoo is on the line to give us the details. So Yoo, what districts will be included under this new measure? The Mi...
2019-11-06 10:24:24 KST
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02:48
S. Korea, China to continue joint efforts on establishing peace on Korean Peninsula
02:31
How S. Korea's exports can rebound after wave of change in world trade
71 years ago, South Korea's first vessel carrying squid and agar took ...
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U.S. warns military option against N. Korea has 'never been off table'
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Chinese FM Wang Yi touches down in Seoul for first time in five years
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Foreign Ministers of S. Korea, China hold talks
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Trump hints U.S. may use military force against N. Korea, if necessary
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President Moon meets Chinese FM Wang Yi to discuss bilateral ties
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Greenpeace detects radiation near starting point for 2020 Tokyo Olympics' torch relay
Trump says NATO members to pay more through trade if they spend less on defense
S. Korea, China to continue joint efforts on establishing peace on Korean Peninsula
Gov't to boost Korea's trade with a goal of becoming top four export powerhouses by 2030
Huawei challenges U.S. FCC over its bar from government subsidy program
World's first geostationary air pollution monitoring satellite unveiled by S. Korea
How S. Korea's exports can rebound after wave of change in world trade
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