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01:50
South Korea avoids being labeled currency manipulator by U.S.
In its report released on Tuesday, the U.S. Treasury said no major trading partner is manipulating its currency to gain an advantage in trade this year. The Treasury said it did not alter its three major thresholds for identifying currency manipulation put in place last year by the Obama administration. The thr...
2017-10-19 04:14:27 KST -
02:05
Moody's keeps Korea's economic condition rating stable at Aa2
Global ratings agency Moody's released its country credit ratings on Wednesday, and Korea, along with France, the U.K. and Hong Kong stood at Aa2 (double-A-two), the agency's third highest rating out of its 21 levels. Five countries, including the U.S., Germany, and Singapore were given the highest possible Aaa...
2017-10-18 19:59:35 KST -
01:29
South Korea adds 314,000 jobs y/y in September
Statistics Korea says the country added 314-thousand new jobs last month from a year ago, bringing the total number of employed to 26-point-eight million. Last month's figure marks an improvement from August -- when the number of new jobs fell below the 300-thousand mark . The ministry says the pick-up comes on...
2017-10-18 15:08:22 KST -
00:35
Moody's keeps Korea's economic condition rating stable at Aa2
A stable economic condition for Korea, according to credit rating agency Moody's -- which kept Korea's rating at Aa2 (double-A-two), the agency's third highest rating. Moody's also reaffirmed its outlook on the country's economy, rating it as "stable." Previously, Korea was given the third highest rating by Standar...
2017-10-18 11:59:15 KST -
01:16
South Korea adds 314,000 jobs y/y in September
Statistics Korea says the country added 314-thousand new jobs last month from a year ago, bringing the total number of employed to 26-point-eight million. Last month's figure marks an improvement from August -- when the number of new jobs fell below the 300-thousand mark. The ministry says the pick-up come...
2017-10-18 11:58:15 KST -
00:40
Korea's benchmark KOSPI soars to fresh high on Wall Street gains
Korean stocks have soared to a new high following Wall Street's gains,… with market leader Samsung Electronics continuing its rally. In the first 15 minutes of trading, the benchmark KOSPI climbed to an intra-day record of two-thousand-four-hundred-87. Samsung Electronics added zero-point-four-four percent a...
2017-10-18 11:58:15 KST -
00:55
Korea adds 314,000 jobs y/y in September
Some brighter news on the job front. Korea's employment market picked up speed in September. Statistics Korea says the country added 314-thousand new jobs last month from a year ago, bringing the total number of employed to 26-point-eight million. Last month's figure marks an improvement from August -- when the num...
2017-10-18 08:59:04 KST -
01:49
South Korea avoids being labeled currency manipulator by U.S.
We start with the U.S. Treasury's semi-annual currency report. As I mentioned in the headlines, South Korea was deemed NOT to be a currency manipulator, but will remain on the monitoring list with a handful of other countries. Let's get further details from our Kim Mok-yeon, who is on the line for us. Mok-yeon, ca...
2017-10-18 08:50:21 KST -
00:54
Tuesday's market wrap
Now to the closing figures on the markets, Wall Street finished higher on Tuesday with healthcare shares pushing the Dow and the S&P to fresh record highs. The Dow Jones Industrial Average touched the 23-thousand mark for the first time ever, before retreating to 22,997-point-4-4, up nearly zero-point-2 percent. T...
2017-10-18 04:49:54 KST -
02:03
The 4th Deloitte-CEO Score Policy Forum
Global consultancy firm Deloitte has come together with Korean industry tracker CEO Score to host the 4th edition of their policy forum in Seoul on Tuesday, with this year's forum titled 'Company Strategies and Job Creation for the Fourth Industrial Revolution.' Looking at the policy implications of key socio...
2017-10-18 04:12:09 KST -
04:44
Hydrogen energy rises as next eco-friendly energy source
With growing concerns over the environment and climate change,.countries around the world have been developing eco-friendly energy. And many researchers have pointed at hydrogen energy as the next energy source. Through fuel-cell technology, the energy produced during the chemical reaction between hydrogen and o...
2017-10-17 20:00:49 KST -
00:38
S. Korea logs world's fastest export growth in 2017
Korea's exports are growing faster than any of its global competitors. According to the World Trade Organization's data on monthly merchandise trade, the nation's outbound shipments from January to August this year came to just over 3-hundred-75 billion US dollars,… a more than 16 percent on-year jump. Those number...
2017-10-17 20:00:48 KST
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02:15
Seoul, Washington confirm Nov. 7 bilateral summit in Seoul... first state visit by U.S. president in 25 years
South Korean President Moon Jae-in and U.S. President Donald Trump wil...
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President Moon Jae-in calls for export-oriented arms development
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02:21
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