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02:40
Asan Plenum 2018: Economic opportunities and challenges in the Indo-Pacific region
With the rise of China as a global economic power, and the booming India and Southeast Asia,the so-called Indo-Pacific region is growing in global importance. (English) "Real wealth is human capital and human resources. And this is a region in the world not only with huge numbers of people, and China is huge ...
2018-04-25 15:35:17 KST -
00:36
S. Korea's export goods index has rebound to an increase in March
The nations export goods index rebounded, thanks to strong semiconductor exports. According to the Bank of Korea, it jumped 3-point-4-percent on-year in March, ending the falling trend which began in November. Terms of trade on the other hand dipped for the fourth month in a row due to a sharp rise in import costs....
2018-04-25 15:21:06 KST -
00:38
Korea's consumer sentiment drops for 5th month in row in April, sitting at 1-year low
South Korea's consumer sentiment dropped for a fifth consecutive month in April, marking the longest downward slide on record. The Bank of Korea says the composite consumer sentiment index fell to 107-point-one, the lowest level in a year. The central bank attributed the fall to growing concerns over trade disputes...
2018-04-25 12:44:17 KST -
00:34
Hyundai's Kona, Kia's Stinger make it onto WardsAuto's 10 Best Interiors of 2018
Hyundai Motor's Kona and Kia Motors' Stinger have been named among the top Ten Auto Best Interiors of 2018 by a U.S.-based automotive publication. WardsAuto's list, finalized after reviewing 40 nominated models, also includes cars made by Porsche and Range Rover. WardsAuto praised what it called the Kona's "spe...
2018-04-25 07:45:33 KST -
00:51
Tuesday's market wrap
Wall Street sank in a sharp selloff on Tuesday, with rising bond yields and corporate earnings report denting sentiment. The biggest loser was the Dow Jones that dropped 425 points, pushing the blue-chip gauge to a roughly two-week low, also marking the longest losing streak in a year, to close at 24,024. The S&P 5...
2018-04-25 05:56:15 KST -
00:41
Gov't, KDB announce conditions for additional GM Korea funding
The local unit of General Motors has managed to avoid filing for bankruptcy, at least for now, thanks to a deal reached with its labor union on Monday. But GM Korea's future is still uncertain. Its second-biggest shareholder, Korea Development Bank, has announced new conditions for the injection of any new funding....
2018-04-24 12:32:25 KST -
00:53
Monday's market wrap
Now to the markets,. Wall Street was mixed on Monday, as benchmark ten-year Treasury notes were close to three-percent for the first time in more than four years, and as market watchers prepare for the heart of the U.S. corporate earnings report season. The Dow Jones edged down 14-points to 22,448 while the S&P 500 ...
2018-04-24 05:06:18 KST -
01:47
Number of visitors to Korea grows in March after 12 months of decline
The number of foreign visitors to Korea in March jumped more than 10 percent on-year to 1-point-37 million tourists. According to the Korea Tourism Organization Monday, March was the first time in 12 months that the country saw a boost in the number of visitors. A diplomatic standoff between Seoul and Beijing la...
2018-04-23 18:09:07 KST -
00:38
Venture investment hits record high in first quarter
The total venture investment for the first three months of the year reached just under 600 million U.S. dollars. This follows government efforts to support smaller firms to help develop new growth engines, The combined private and public investment in startups and SMEs reached a record high 634.8 billion won, or ...
2018-04-23 14:38:36 KST -
00:46
Korea's employment-to-GDP ratio falls to record low in 2017
Korea's economic growth bounced back to the three percent range last year, but still, no drastic improvement in the job market. According to the Bank of Korea the country's employment-to-GDP ratio was 17-point-two in 2017, falling to a record low from 17-point-five recorded the year prior. That ratio me...
2018-04-23 13:42:11 KST -
01:27
GM Korea postpones court receivership deadline to April 23
April 23rd is D-Day for GM Korea as the company will decide whether to file for court receivership, depending on the negotiations with its labor union. The U.S-based automaker delayed the initial deadline for wage negotiations from last Friday, as it makes a last ditch effort to reach an agreement with its unio...
2018-04-23 12:40:07 KST -
02:19
Korea to consider gradually disclosing details of foreign exchange transactions
South Korea is considering disclosing details about its foreign exchange transactions -- in a gradual manner, though, to ensure a soft landing. That's according to Seoul's Finance Chief Kim Dong-yeon speaking to reporters following the G20 finance ministers and central bankers meeting in Washington. There have ...
2018-04-22 14:14:23 KST
Most Popular in News
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01:21
Working-level officials from South and North to meet in Panmunjom on Monday
This week is a crucially important one for us here in Korea... and oth...
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01:47
Number of visitors to Korea grows in March after 12 months of decline
The number of foreign visitors to Korea in March jumped more than 1...
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02:09
South Korea makes final preparations for Friday's inter-Korean summit
The preparatory committee for the inter-Korean summit held its own...
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02:25
Daughters of Korean Air chief to step down amid abuse of power criticism
Cho Yang-ho, chairman and CEO of Korean Air, apologized on Sunday ...
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02:04
N. Korea's 'nuclear freeze' pledge seen as sign of sincerity
After Friday's meeting of North Korea's main policymaking body, th...
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Lastest News
- Warm weather under clear blue skies
- Two Koreas hold joint rehearsal at Panmunjom ahead of Friday's inter-Korean summit
- Asan Plenum 2018: Economic opportunities and challenges in the Indo-Pacific region
- Two more S. Koreans reported injured in Toronto van rampage
- Preview of 2018 inter-Korean summit agreement
- S. Korea, U.S. to hold summit in mid May: Blue House
- S. Korea's export goods index has rebound to an increase in March
- Two Koreas hold joint rehearsal at Panmunjom ahead of inter-Korean summit
- S. Korea-U.S. summit set to take place in mid May: Blue House official
- Blue House reveals inter-Korean summit dinner menu
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