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00:37
Government open to adjusting pace of minimum wage hikes: Minister
The nation's finance chief presided over an economic ministers' meeting today. Focus was on job creation. Kim Dong-yeon stressed the government will push to execute a 38 billion dollar supplementary budget before the year is up. The minister also ponted out,. the government will discuss ways to adjust the pace o...
2018-09-12 18:00:58 KST -
00:38
BOK releases data on Korea's financial market trends for August
On-going trade tensions between Washington and Beijing, and emerging market jitters, have weighed on South Korea's financial markets in August. The Bank of Korea says. the country's three-year treasury yields fell by zero-point-two-percent on-month. on heightened external uncertainties stemming from the escalating U....
2018-09-12 09:38:12 KST -
00:44
Number of unemployed people in August hit record high since 1999
More doom and gloom for jobseekers in South Korea as the government's latest figures paint a bleak picture for their prospects. According to Statistics Korea Wednesday, the number of unemployed people in August hit one-point-three-three million. That's the highest figure for the month of August since 1999… when Sou...
2018-09-12 06:59:11 KST -
00:53
Market wrap up
Taking a look at your financial markets. Wall Street rose on Tuesday as Apple led a jump in tech shares and rising oil price drove up energy shares. Pulling up the figures. The Dow Jones Industrial Average rose 114 points, or zero-point-four-four percent, to 25,971. The S&P 500 gained eleven points, or zero-point-...
2018-09-12 04:20:42 KST -
00:39
S. Korean shipbuilders won highest amount of orders worldwide in August
For four months straight, Korean shipbuilders have maintained the number one spot in terms of global shipbuilding orders volume. According to a report by Clarkson Research, in August, Seoul secured orders equal to 540-thousand compensated gross tons to build 10 ships. That accounted for over 40 percent of orders w...
2018-09-11 18:07:40 KST -
01:58
South Korea's presidential committee on jobs vows to create 112,000 more jobs by 2022
South Korea's presidential committee on job creation held its 7th meeting on Tuesday… and vowed to boost employment in three promising industrial sectors by 2022. The plans aim to create 112-thousand jobs in biohealth, software, and intellectual property industries by 2022… by spending more than 549-point-2 milli...
2018-09-11 18:07:40 KST -
00:48
Russia and China look to launch joint projects worth more than US$ 100 bil.
The trade war between the U.S. and China seems to be pushing Beijing closer to Moscow. The two sides are considering 73 joint investment projects that are worth more than a hundred billion U.S. dollars. At the 4th Eastern Economic Forum in Vladivostok, Russian and Chinese businesses held meetings to cooperate on ...
2018-09-11 18:06:40 KST -
00:46
S. Korea's tax revenue marks US$ 168.5bil. from January to July 2018: Data
South Korea's tax revenue has continued to increase in the first seven months of this year. According to the Ministry of Economy and Finance on Tuesday,. the government received more than 1-hundred-68-point-5 billion U.S. dollars in tax revenue from January to July 2018. This is an increase of more than 19-billio...
2018-09-11 09:54:47 KST -
00:46
OECD's leading indicators show S. Korean economy set for slowdown
Signs are pointing toward a gradual economic slowdown in South Korea. According to the OECD on Monday, the composite leading indicator for South Korea marked 99-point-two for July,… zero-point-two point lower than the previous month. The indicator is used by the OECD to predict a country's economic conditions six...
2018-09-11 08:41:00 KST -
01:54
Samsung Electronics beats Facebook in terms of world's most valuable brand
Korean tech giant Samsung Electronics has been ranked the fourth most valuable brand in the world-- a major jump from last year's 7th-place ranking. It trails behind U.S. tech giants Amazon, Apple and Google but is ranked just ahead of Facebook. A report released by U.K.-based brand valuation and strategy c...
2018-09-11 07:27:29 KST -
00:59
Market wrap up
Taking a look at your financial markets. Wall Street mostly edged higher on Monday, with the S&P 500 and Nasdaq bouncing back after a four-day losing streak. Pulling up the numbers for you. The Dow Jones Industrial Average dropped 59 points, or a quarter-of-a-percent, to 25,857. The S&P 500 added more than five p...
2018-09-11 04:47:00 KST -
00:45
Loans from the 'Individual Business Loan 119' hit US$ 425 bil. in H1, up 43.6% y/y
The number of small business owners borrowing money using what's called "Individual Business Loan 119" has increased sharply in the first half of the year. According to the Financial Supervisory Service, the total amount lent via that program was more than 4-hundred-25 million U.S. dollars during H1, up over 43 perc...
2018-09-10 18:01:34 KST
Most Popular in News
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02:41
Presidential address on Pyeongyang summit: Pres. Moon says he had been assured by Kim on completely denuclearizing regime
His first stop after returning from his three-day trip to the North --...
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02:29
Moon to visit New York for talks with Trump, U.N. General Assembly
First, he briefed the South Korean people, immediately after his re...
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00:51
President Trump says he is in no rush into his denuclearization talk with North Korea
U.S. President Donald Trump says he won't rush into a deal with North ...
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02:13
Pres. Moon fulfills wish of visiting Mt. Baekdusan through N. Korean route
They held their hands up together at the peak of Baekdusan Mountain. ...
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01:37
South Koreans start heading to hometowns for Chuseok holiday
South Koreans will enjoy a five-day holiday stretching until next Wedn...
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Lastest News
- S. Korea's main stock index down 6.91% since March on U.S.-China trade war
- Many S. Koreans stressed out by Chuseok holiday
- Korean highways jammed amid Chuseok holiday exodus
- Pres. Moon to leave for New York on Sunday to attend 73rd UN General Assembly
- World leaders gathering for the UN General Assembly
- Pompeo to visit Pyeongyang if everything falls into place
- Korean highways jammed amid Chuseok holiday exodus
- Pres. Moon's interview with Fox News to air Tuesday evening in U.S.
- Chuseok delicacies in South and North Korea
- Moon to visit New York for talks with Trump, U.N. General Assembly
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