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00:52
Number of people working less than 15 hours a week climbed in 2018
The rapid rises in South Korea's minimum wage apparently have more people working fewer than 15 hours a week. This is especially true in wholesale and retail as well as the food and lodging industries. A report by the Korea Labor Institute released Sunday shows the number of people clocking less than 15 hours...
2019-03-18 04:59:19 KST -
00:41
Korea's household debt-to-GDP ratio rose faster than almost any other country
South Korea's household debt is growing faster than almost any other country in the world. The Bank for International Settlements and the Bank of Korea compared the household debt of 43 countries and found South Korea's household debt-to-GDP ratio stood at nearly 97-percent at the end of the third quarter...
2019-03-18 04:59:19 KST -
00:52
USTR requests first-ever consultations with S. Korea under KORUS FTA
The U.S. Trade Representative said Friday that South Korea was in non-compliance of the two countries' bilateral trade agreement, and demanded its first-ever consultations under the deal. The USTR requested the talks claiming that the Korea Fair Trade Commission had denied certain rights to U.S. parties, including ...
2019-03-16 15:35:49 KST -
02:04
S. Korean economy showing signs of positive momentum, but uncertainties remain: Report
South Korea's overall industrial production remains solid but uncertainties over slower global economic growth and the semiconductor sector remain. This is according to the Finance Ministry's monthly greenbook report released on Friday. Until September 2018, the ministry had said the local economy wa...
2019-03-15 17:59:32 KST -
01:29
Half of vehicles driven in S. Korea are diesel... a major cause of fine dust
The Environment Ministry says diesel vehicles are responsible for 22 percent of the total fine dust emissions in the country, but there seem to be more and more diesel vehicles on the roads. [STAND-UP] Analysis shows diesel vehicles are one of the main causes of fine dust in the country,… and their use is going u...
2019-03-15 15:08:42 KST -
00:34
S. Korea's ability to create 'value added' in products or services low compared to other major countries
Data from Korea's central bank show the Seoul's ability to create "added value " in products and services has improved, but it's still low compared to other major countries. The value added inducement coefficient stood around Point-7-7 in 2015 up from Point-7-2 in 2010. This measures how businesses can create "adde...
2019-03-15 15:08:37 KST -
00:49
Korea Exchange raided in probe into Samsung BioLogics fraud
Prosecutors raided the operator of the country's stock markets as part of a probe into alleged accounting fraud of Samsung BioLogics. The Seoul Central District Prosecutor's Office says it acquired a number of computer hard drives and data related to the Korea Exchange's role in helping the biopharmaceutical arm of ...
2019-03-15 15:07:57 KST -
00:45
Nine operators submit bids to open duty-free shops at Incheon Int'l Airport arrivals areas
Nine business entities have submitted bids to open duty-free shops in the arrivals areas of Incheon Airport. Incheon International Airport Corporation said Friday five operators have applied to run shops in the arrivals area of terminal one while all nine bidding operators have requested to run shops in terminal two....
2019-03-15 09:28:24 KST -
00:35
S. Korea's export prices up 0.2% m/m, import prices up 1.9% m/m in Feb.
South Korea's export and import prices for February went up on-month on rising global oil prices. The Bank of Korea says export prices rose zero-point-two percent on-month on higher prices of petroleum related products that offset falling prices of electronics goods exports. Import prices, jumped near two pe...
2019-03-15 07:01:11 KST -
00:49
Market wrap up
Taking a look at your financial markets. A mixed day on Wall Street on Thursday amid concerns the trade talks between the U.S. and China are faltering. Pulling up the figures. The Dow Jones Industrial Average closed virtually unchanged at 25,710. The S&P 500 edged down zero-point-one percent to 2,808. The Nasdaq...
2019-03-15 05:06:35 KST -
02:32
Trade volume between Korea and U.S. marks record high in 2018
It's been seven years since Seoul and Washington's free trade deal came into force. And according to Korea's trade ministry on Thursday, the trade volume between the two sides last year hit a record high of around 131-point-6 billion U.S. dollars. This is an increase of more than 10-percent com...
2019-03-15 05:04:12 KST -
00:33
China's industrial output expanded at slowest pace in 17 years
Beijing's economy is slowing down as it absorbs the impact of the trade tensions with the U.S. Data from the National Bureau of Statistics of China, show industrial output across all sectors expanded 5-point-3-percent the January-to-February period, the slowest pace in 17 years. On-year growth in retail sales was i...
2019-03-14 15:07:11 KST
top stories
02:17
U.S. tightens its grip on N. Korea as neither side willing to budge in denuclearization talks
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01:50
S. Korea to create 20 global robotics companies by 2023: Pres. Moon
South Korea will become one of the top four countries in the robotics ...
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00:41
N. Korean leader's 'butler' in Moscow possibly to organize Kim Jong-un's summit with Putin
North Korean leader Kim Jong-un's close aide is in Moscow, possibly to...
Most Popular in News
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02:39
Researchers find geothermal power plant as a cause of Pohang earthquake
On November 15th, 2017,... residents of the city of Pohang had to ...
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01:27
The number of marriages fall to the lowest since the statistics recorded
The number of South Koreans getting married has fallen for the 7th...
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02:29
President Moon points out manufacturing sector that needs more push
A reality check by the president on the economy. President Moon...
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01:28
North Korea restarting missile, nuclear testing would have real impact on Trump: Bolton
White House National Security Advisor John Bolton admits a new m...
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02:42
Rival parties clash over Seoul's role following no deal Hanoi summit
Topping the agenda at Wednesday's parliamentary Q&A sess...
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Lastest News
- U.S. sanctions 2 Chinese firms for helping N. Korea evade sanctions
- S. Korea to create 20 global robotics companies by 2023: Pres. Moon
- U.S. tightens its grip on N. Korea as neither side willing to budge in denuclearization talks
- S. Korea conducts independent aerial observation to trace origins of fine dust
- Trump gave several options to Kim Jong-un on denuclearizing N. Korea: Bolton
- N. Korean leader's 'butler' in Moscow possibly to organize Kim Jong-un's summit with Putin
- Gov't to promote "smart medical treatment" to improve medical accessibility
- S. Koreans honor fallen soldiers on West Sea Defense Day
- Interpellation session to focus on education, culture, social affairs
- Brief cold snap here, continues through the weekend
Current Affairs programs
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A Road to PeaceThe 30-minute show also sheds light on South Korean efforts to improve...
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The Point : World AffairsWe also connect with Liu Xin, senior host and journalist at China's CG...