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01:11
Tuesday's market wrap
Now for the look at the markets that opened around an hour ago here in Korea, shares in opened slightly higher following the overnight gains on Wall Street. Korea's benchmark KOSPI was at 2,417-point-9-5, up nearly zero-point-one percent in the first 15-minutes of trading. And in the U.S., Wall Street set fresh ...
2017-09-20 07:52:07 KST -
00:41
S. Korea's exports grow fastest among world's top 10 exporters
South Korea's exports grew at the fatest pace among the world's top 10 nations in this category. The welcome trend is fueled mainly by brisk sales of semiconductors, petrochemical products and automobiles. According to the World Trade Organization, Korea was the world's sixth-largest exporter with outbound shipment...
2017-09-19 20:01:46 KST -
01:25
Producer prices up on surge on expensive agricultural produce
Korea's central bank says the tentative producer price index in August has increased by zero-point-three percent from the previous month. This is the second month in a row that prices have risen, and the tenth consecutive month of on-year increases. This increase is mainly due to a huge jump in agricultural produ...
2017-09-19 20:01:46 KST -
00:29
Commemorative bank notes for PyeongChang Winter Olympics to be released
The Bank of Korea is, for the first time, releasing commemorative banknotes, instead of coins like they have in the past. The two-thousand-won bills will commemorate the upcoming PyeongChang Winter Olympics, and reservations are soaring, with some distribution points already sold out. A total of two-point-three mil...
2017-09-19 14:09:56 KST -
02:05
Hyundai Motor hopes to turn fortunes around with Genesis G70
Last week, Hyundai Motor officially unveiled its new, Genesis G70 sports sedan aiming to go head-to-head with its more established German rivals BMW, and Mercedes-Benz. The G70 is a compact luxury vehicle, and a smaller cousin of the Genesis brand's G80 and G90 luxury cars that have already been released. Hyundai...
2017-09-19 14:09:56 KST -
01:00
Korea's benchmark KOSPI opens higher Tuesday ahead of Fed meeting
Taking a look at the financial markets, Korea's benchmark KOSPI opened a single point higher on Tuesday at 2,419, remaining above the 24-hundred mark. The KOSPI broke through the 24-20 mark in morning trading for the first time since August 3rd. There's strong investor sentiment ahead of the Federal Reserve's rat...
2017-09-19 11:57:12 KST -
00:49
Korea's producer prices logged increase for tenth consecutive month in August
Another hint that consumer prices will rise in the coming months, as the wholesale price of agriculture produce hit their highest level in over six years this August. Korea's central bank says the producer price index has risen for a tenth consecutive month in August, logging the fastest annual growth in three mont...
2017-09-19 08:53:57 KST -
02:09
Korean semiconductor sales forecast to hit record high this year
Korean tech giants Samsung Electronics and SK Hynix are on course to post combined annual semiconductor sales of more than 100-trillion wonor some 88 billion U.S. dollars this year. The two companies, holding together nearly 70 percent of the global memory semiconductor market,have set new record highs in every qua...
2017-09-19 07:11:22 KST -
01:12
Monday's market wrap
Now to the markets, Wall Street's major indices ALL hit intraday highs on Monday, as investors braced for the Federal Reserve's rate setting meeting this week-- where it's likely to hold rates steady for another month. The Dow Jones Industrial Average gained around zero-point-3 percent to post its fifth straight r...
2017-09-19 04:56:08 KST -
00:32
KOSPI hits 2,400 for the first time in over one month
Korean stocks bounced back on Monday. The benchmark KOSPI broke through the 24-hundred mark for the first time in more than a month. The main index added more than 1-and-a-third percent to close at two-thousand-four-hundred-18 -- with technology stocks driving the broader gains. Tech giant Samsung Electronics surg...
2017-09-18 20:20:47 KST -
02:08
Deterioration of S. Korea-China relations over THAAD derails Kumho Tire acquisition
Since the global financial crisis in 2009, Kumho Tire has been the target of an acquisition by Chinese company Qingdao Doublestar. But recently, the efforts made during the long and drawn-out negotiations have all gone to waste, after Qingdao Doublestar decided to pull out from the deal. According to Chinese n...
2017-09-18 20:20:47 KST -
00:28
Int'l flight passengers to pay more due to jet fuel price increase
Korean air carriers will start imposing fuel surcharges again starting next month to reflect an increase in the price of jet fuel. The charges may vary depending on distance traveled but they could spike up to 8-U.S. dollars-50-cents per person. Local airlines had not imposed fuel surcharges for five months, includ...
2017-09-18 15:24:50 KST
top stories
02:31
President Moon urge Pyongyang to return to peace
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02:13
Korean gov't announces a new comprehensive set of measures to tackle fine-dust issue
The Korean government has promised to reduce fine dust levels in K...
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02:35
N. Korea-U.S. war of words continue as N. Korea's FM accuses Trump of declaring war on Pyongayng
The verbal exchange between the U.S. and North Korea has reached a...
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01:44
N. Korean earthquake, unlikely to be a nuclear test
The latest analysis shows that the two earthquakes that took place ...
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01:42
White House issues updated travel ban; N. Koreans will be completely banned from entering U.S.
Eight countries will be facing new entry restrictions to the U.S. ...
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02:15
President Moon stress bipartisan effort to deal with North Korean nuclear issue
President Moon Jae-in asserted the need for the National Assembly ...
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02:36
B-1B, F-15C flyovers conducted under close coordination between Seoul, Washington
The flyovers by U.S. warplanes off North Korea's east coast over the w...
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00:44
President Moon likely to hold meeting with leaders of major political parties this week
President Moon Jae-in is looking to bring in the leaders of the five...
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Lastest News
- Korean gov't announces a new comprehensive set of measures to tackle fine-dust issue
- Largest international music industry fair in Korea, 'MU:CON', begins Tuesday
- Korea to expand playground for all children
- Senior population surpasses that of youth population for first time
- Row still ongoing one year after Korea implements anti graft law
- President Moon urge Pyongyang to return to peace
- North Korea failed to notice overfly of U.S. warplanes near east coast: NIS
- N. Korea-U.S. war of words continue as N. Korea's FM accuses Trump of declaring war on Pyongayng
- President Moon directs cabinet members to come up with 'innovation-based' growth strategies
- Inter-Korean October 4th Joint Declaration legacy...10 years on
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