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01:31
Number of newborns decline 8.2% on-year in July, single-member households increase
South Korea's birth rate continued to fall in July while the number of deaths increased due to harsh weather affecting older people. According to data by Statistics Korea on Friday, the number of births declined by 2-thousand-4-hundred to just 27 thousand last month, down 8.2 percent on-year. The monthly fig...
2018-09-28 18:08:08 KST -
02:20
Experts' take on revised Free Trade Agreement between South Korea and U.S.
After months of deliberation, South Korea and the U.S. officially signed their revised free trade agreement earlier this week in New York. Under the revised deal, the U.S. is to continue levying 25-percent tariffs on imports of Korean pickup trucks for another 20 years until 2041. The agreement also stipulates t...
2018-09-28 18:08:08 KST -
01:36
Consumer sentiment rebounds for first time in four months in September
South Korea's consumer sentiment rebounded for the first time in four months in September. Data released by the Bank of Korea on Friday shows its composite consumer sentiment index rose two-and-a-half points to 101-point-seven, recovering from a dip last month when it fell below the 100-level mainly due to grim u...
2018-09-28 18:08:08 KST -
01:49
Korea's export volume index for August hit a 11-month high
Korea's export volume index for August hit 158-point-three-one, the highest figure since September 2017. The Bank of Korea says the index, which measures changes in export volume, went up over 11 percent on-year last month thanks to strong semiconductor exports. Exports of precision equipment which includ...
2018-09-28 18:07:08 KST -
00:39
LG, Samsung top U.S. customer satisfaction ranking index
When it comes to customer satisfaction, Korean tech giants Samsung and LG are part of the leading pack in the United States. A report released by the American Customer Satisfaction Index shows LG Electronics and Samsung Electronics came second and third, respectively, in a ranking of American consumers' satisfaction...
2018-09-28 10:12:01 KST -
00:45
Consumer sentiment rebounds for first time in four months in September
South Korea's consumer sentiment rebounded for the first time in four months in September. Data released by the Bank of Korea on Friday shows its consumer sentiment index rose two-and-a-half points to 101-point-seven, recovering from a dip last month when it fell below the 100-level. A reading above 100 means there ...
2018-09-28 09:11:41 KST -
02:17
U.S. Fed raises benchmark interest rate on strong economy
In a unanimous move Wednesday, the U.S. Federal Reserve raised its benchmark federal funds rate by a quarter percentage point to a range of two to two-and-a quarter percent in the Fed's eighth rate hike since 2015. (ENGLISH) - "This action reflects the strength we see in the economy and is one m...
2018-09-28 06:49:35 KST -
01:44
Korean population categorized as 'aged society' according to UN standards
South Korea's population is transitioning from an "aging society" to an "aged society" according to the standards set by the World Health Organization and the United Nations. Data released by Statistics Korea on Thursday shows around 7-point-4-million out of the 51-point-6-million people l...
2018-09-28 06:49:34 KST -
01:07
Stocks wrap up
Taking a look at the financial markets. Wall Street closed higher on Thursday despite the release of multiple economic reports, some of which fell short of expectations. Pulling up the numbers for you. The Dow Jones Industrial Average was up 54 points, or zero-point-two percent, at 26,439. The S&P 500 rose eight ...
2018-09-28 05:00:07 KST -
00:46
Seoul's new trade minister stresses innovation-led growth at inauguration
The new chief of South Korea's Ministry of Industry, Trade and Energy says he will pursue policies related to innovative growth and job creation. Speaking at his inauguration ceremony on Thursday, Sung Yun-mo. stressed that innovation-led growth is not only necessary in key industries but also in emerging se...
2018-09-28 04:03:17 KST -
00:41
South Korea's percentage of income used for consumption hits 13-year low in 2017
Last year, South Korea's propensity to consume… hit a 13-year-low. According to the Bank of Korea., the ratio of private and government consumption expenditure to national disposable income, stood at 78-point-nine percent in 2017. Disposable income marked more than one-point-two trillion U.S. dollars…and total cons...
2018-09-27 12:43:10 KST -
00:49
Fed rate hike to have limited impact on Korean market: BOK chief
The Bank of Korea's governor says the U.S. Federal Reserve's rate hike will likely have a limited impact on Korea's capital markets. BOK Governor Lee Ju-yeol told reporters Thursday morning that the *pace of rate hikes in the U.S. is in line with expectations and that a rate gap of 50 to 75 basis...
2018-09-27 09:58:22 KST
top stories
01:33
Pres. Moon shares vision for peace and prosperity in Northeast Asia and beyond
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02:15
Minesweeping at JSA complete; more measures to be done to achieve demilitarization of JSA
A military official told Arirang News that the removal of all mines in...
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02:21
U.S. stocks slide on Thursday after Chinese stock market hit its lowest in 4 years
U.S. stocks closed lower on Thursday...with the main indices all fa...
Most Popular in News
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01:51
Korea-France agree on fostering business relations in three different steps
President Moon Jae-in, on his last day in France, focused on linking u...
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02:02
President Moon to discuss North Korea with Italian political leaders as well Pope Francis
Rome is the second leg of President Moon Jae-in's five-nation trip aro...
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02:13
President Moon calls for peace on Korean Peninsula at St. Peter's Basilica
President Moon making the most of his time in the limelight to talk ab...
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01:31
Two Koreas, UN Command hold first 3-way meeting to discuss demilitarization of JSA
The two Koreas and the United Nations Command held their first tr...
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01:19
Bodies of 5 S. Korean climbers killed in Himalayas return home
The bodies arrived at Incheon International Airport at 5 a.m. on ...
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Lastest News
- Results of the 8th S. Korea- U.S. defense cost sharing negotiations
- President Moon says his trip to Italy, Vatican made him realize peace is future of humanity
- Pres. Moon shares vision for peace and prosperity in Northeast Asia and beyond
- Weather stays pleasant this weekend
- Defense chiefs of S. Korea and U.S vow to coordinate on denuclearization
- Minesweeping at JSA complete; more measures to be done to achieve demilitarization of JSA
- Pope Francis expresses willingness to visit North Korea if officially invited
- 2019 S/S Hera Seoul Fashion Week grabs attention of next generation and international buyers
- U.S. stocks slide on Thursday after Chinese stock market hit its lowest in 4 years
- Foreign investment in S. Korea hit 20 billion U.S. dollars in shortest period this year
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