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01:06
Market wrap up
Taking a look at your global markets. Stocks sold off after the arrest of a Chinese telecommunications company executive became a surprising wild card threatening a resolution to the U.S.-China trade war. Pulling up the figures for you. The Dow Jones Industrial Average was down around 80 points, or zero-point-thre...
2018-12-07 04:42:59 KST -
00:42
Large conglomerates account for 61% of Korea's total corporate operating profit in 2017
Data by Statistics Korea shows Korean conglomerates increased their domination of the local economy last year. Korean conglomerates, those with assets over 8-point-nine billion U.S. dollars, accounted for zero-point-three percent of all Korean businesses but their operating profits made up 61 percent of the total op...
2018-12-06 14:32:48 KST -
00:40
S. Korea logs current account surplus for 80th month in a row
South Korea's current account recorded a surplus for the 80th month in a row in October on the back of strong goods exports. According to the Bank of Korea on Thursday, the current account, which shows Korea's transactions with the rest of the world, including its trade in goods and services, saw a surplus of almost...
2018-12-06 08:38:20 KST -
02:19
Aging population, labor structural problems lead to higher youth unemployment rate: report: BOK
Some of the factors pushing up youth unemployment in Korea are the country's rapidly aging population and the huge wage gap between big conglomerates and smaller companies. Using data from 30 OECD countries between 2000 and 2017, the Bank of Korea's report looks into youth unemployment across countries...
2018-12-06 06:52:13 KST -
00:50
Market wrap up
Taking a look at your markets. South Korean stocks slid on Wednesday due to uncertainties over the truce in the U.S.-China trade war. Pulling up the figures for you. The benchmark KOSPI shed 13 points, or zero-point-six percent, to 2.101. The tech heavy KOSDAQ fell more than one percent to 701 Wall Street was ...
2018-12-06 04:53:50 KST -
00:41
S. Korea, China and Japan hold FTA talks in Beijing on Thursday
Talks between South Korea, China and Japan on a three-way free trade deal are set to open for the first time in eight months. Starting Thursday, the three countries will hold their 14th round of FTA negotiations in Beijing. The Northeast Asian nations are members of the Regional Comprehensive Economic Partnershi...
2018-12-06 04:11:01 KST -
02:30
Plunge in international oil prices and how it affects S. Korea: Expert
Politics and economy are inseparable, and this time, its oil prices. In the first week of October, Dubai crude, South Korea's benchmark, hit its highest price in almost four years, trading at more than 80-dollars a barrel. But it sharply dropped to below 60-dollars a barrel by the last week of November. ...
2018-12-06 04:04:04 KST -
01:39
Transactions of online, mobile shopping reaches US$ 9 bil. in Oct.
Data released by Statistics Korea on Wednesday show the amount of online and mobile shopping transactions increased by 36-percent on year in October to register more than nine-billion U.S. dollars. Purchases in food and beverages rose the most by nearly 50-percent, followed by cosmetics, winter apparel, electronic...
2018-12-05 18:00:37 KST -
00:57
S. Korea's youth jobless rate has soared past Japan's over past 17 years: BOK
New research by the Bank of Korea shows the jobless rate among young people in Korea has vastly outpaced that in Japan. Back in 2000, the two countries had a similar youth unemployment rate of around six percent, but as of last year, the rate in South Korea had soared to nearly ten percent while Japan's had fallen t...
2018-12-05 12:23:23 KST -
00:24
S. Korea's FX reserves hit US$ 402.9 bil. in Nov.: BOK
South Korea's foreign exchange reserves edged up in November to 402-point-nine billion U.S. dollars. The Bank of Korea says the country's reserves went up by 240 million dollars on-monthdue to the weaker greenback, which in turn raised the value of the BOK's assets in other currencies. As of the e...
2018-12-05 10:03:34 KST -
02:12
South Korea's third quarter GDP grows 0.6% on-quarter: BOK
South Korea's economy grew zero-point-six percent on-quarter during the July to September period on par with its second quarter growth rate. (Korean)- "The third quarter growth figure is in line with our estimate in October. While facilities investment were revised up, construction investment ...
2018-12-05 06:57:31 KST -
00:54
Market wrap up
Taking a more indepth look at your markets. As Aram mentioned, U.S. stocks nosedived on Tuesday over trade tensions between the U.S. and China. Pulling up the figures for you. The Dow Jones Industrial Average shed three-point-one percent, or almost 800 points, to 25,027. The S&P 500 fell three-and-a-quarter perce...
2018-12-05 04:02:58 KST
top stories
00:43
Two Koreas conduct joint inspection to verify removal of DMZ guard posts
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01:26
Samsung Electronics tops R&D investment list, spending 13.4 bil. euros in 2017: EU report
Samsung Electronics spent more money on research and development t...
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01:44
U.S. redesignates N. Korea as violator of religious freedom
The United States has redesignated North Korea as one of the worl...
Most Popular in News
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01:46
Still no word from N. Korea on Kim Jong-un visiting Seoul: Blue House
South Korea... still waiting, says there's nothing to announ...
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01:30
Two Koreas complete joint survey of Han River waterway
South Korea's defense ministry and the ministry of Oceans an...
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01:05
Korea has way to go on human rights as Korean War has yet to formally end: Moon
Today,… December 10th,... is Human Rights Day,... an occasion observed...
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01:50
New urban complex near Seoul opens for testing driverless tech
It reads "Opening the future for cars."( ) A new t...
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02:57
Pres. Moon demands jobs results from labor ministry
President Moon Jae-in is being briefed one by one by government m...
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Lastest News
- U.S. redesignates N. Korea as violator of religious freedom
- Two Koreas conduct joint inspection to verify removal of DMZ guard posts
- [ISSUE TALK] U.S. re-designates North Korea as violator of religious freedom
- U.S. Congress adopts resolution recognizing importance of S. Korea-U.S. alliance
- Presidential Committee on Northern Economic Cooperation holds 3rd meeting in Seoul
- China moving to cut U.S. car tariffs: report
- PM Lee says next year's economic outlook cannot be seen as optimistic
- Two Koreas discussing joint efforts to combat influenza, infectious diseases
- No. of newly employed in S. Korea jumped by 165,000 y/y in Nov.
- Time Magazine names journalists as 2018 Person of the Year
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