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00:32
Korea's top trade negotiator visits U.S. ahead of second meeting on trade pact next month
Korea's top trade negotiator will be flying to the U.S. today ahead of a second meeting on the two countries' free trade agreement. Trade Minister Kim Hyung-chong will be meeting lawmakers and American companies during his eight-day trip to the U.S. to promote the mutual benefits of the trade pact. On...
2017-09-24 09:46:25 KST -
00:37
Foreign tourists visiting S. Korea drop for six consecutive months
The number of foreign tourists visiting South Korea has dropped for the sixth month in a row mostly due to far fewer Chinese tourists coming here. The Korea Tourism Organization says just over one-point-one million tourists visited the country in August, down almost 34 percent on-year. It says this is mainly due ...
2017-09-23 12:27:53 KST -
00:45
Korea, U.S. to hold 2nd meeting on possible amendments to FTA on Oct. 4
South Korea and the United States will hold their second meeting on possible amendments to their free trade deal. Seoul's trade ministry says it has confirmed the second special session will take place in Washington on October 4th. The meeting was requested by Seoul earlier this week. South Korea continues...
2017-09-23 12:27:52 KST -
01:42
No. of deaths hit record-high for third straight year: report
The number of deaths in Korea hit a record-high of nearly 28-thousand-8-hundred last year some 4-thousand-9-hundred more than in 2015. The number of deaths spiked most among those in their sixties or eighties. Statistics Korea says this is the third straight year the country has broken its own record for high numb...
2017-09-22 20:11:32 KST -
01:36
Samsung selected as one of 5 most influential companies that shaped Asia and the world: Forbes
U.S.-based financial magazine Forbes selected Korea's tech giant, and the world's largest smartphone maker, Samsung as one of the five most influential companies that have shaped Asia and the world. The U.S. magazine told the story of Samsung's growth, from its beginnings as a small distribution enterprise in 1938...
2017-09-22 20:07:44 KST -
00:38
South Korea proposes second round of discussions on FTA with U.S.
Seoul's trade minister has requested a second meeting with his American counterpart on possible amendments to the South Korea-U.S. free trade deal. Kim Hyun-chong made the offer in a letter to Robert Lighthizer following their first face-to-face in Washington earlier this week. He expressed hope that both sides e...
2017-09-22 14:12:53 KST -
00:39
S&P downgrades China's sovereign credit rating, citing surge in debt
In the mean time, Standard & Poor's has downgraded China's credit rating one notch from AA- (double A minus) to A+, following in steps of Moody's downgrade in May. S&P says China's skyrocketing debt and a surge in lending is stoking economic instability in the world's second largest economy. In a statement Thursda...
2017-09-22 05:08:10 KST -
00:55
Thursday's market wrap
And now to the markets, Wall Street closed lower on Thursday, with market heavyweight Apple-- falling out of favor on concerns about its latest iPhone line-ups, while financials rose with investors reacting to growing expectations for a third rate hike by the end of the year. The Dow Jones Industrial Average-- end...
2017-09-22 05:06:22 KST -
01:50
BOK chief says Fed's tapering plan will have limited impact on Korea
Korea's top central banker, Lee Ju-yeol, says the U.S. Federal Reserve's tapering plan is within the extent of the forecasted range, adding it should have a minimal impact on local financial markets. And regarding the direction of the Bank of Korea's key rate policy, he said inflation and the health of the domestic...
2017-09-21 19:59:23 KST -
01:55
Federal Reserve reveals start of balance sheet reduction in October
Following the end of its two-day meeting on Wednesday, the Federal Reserve announced it will begin to roll off its four-and-a-half trillion dollar balance sheet, starting in October. It was a widely expected move from the Fed which had long hinted at scaling back its massive bond holdings, with a view the U.S. eco...
2017-09-21 19:59:23 KST -
00:43
ASEM Economic Ministers' Meeting takes place in Seoul
Seoul is hosting a meeting of top officials from Asia and Europe, looking at ways to boost trade between their regions. It's the 7th ASEM Economic Ministers' Meeting held in Seoul for the first time in 12 years. Some 250 economic and trade ministers are attending from 30 European and 21 Asian countries to discuss s...
2017-09-21 14:18:10 KST -
02:38
South Korean President Moon urges U.S. business leaders to invest in South Korea... soon to address UN General Assembly
(STAND-UP) "New York is an international hub for global business, commerce, and finance in fact, one of the largest financial centers on the planet. South Korean President Moon Jae-in, on day three of his four-day visit to New York, set his eyes on Wall Street rolling up his sleeves to reassure big name investors...
2017-09-21 14:18:09 KST
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02:08
President Moon reaffirms his North Korea policy to leaders of U.S. thinktanks and his Italian counterpart
While meeting with the heads of three American think tanks,... Ric...
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02:43
S. Korea, U.S. agree to expand rotational deployment of U.S. military assets around Korean peninsula
The second meeting between the leaders of South Korea and the Unit...
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02:45
Kim Jong-un makes unprecedented statement at Trump as N. Korea suggests future H-bomb test in the Pacific
The stakes in the tit-for-tat rhetoric between the U.S. and North K...
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02:04
Prosecutors begin probe on alleged sabotage against Seoul mayor by former administration
Prosecutors on Wednesday launched a probe into an alleged smear ca...
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04:41
S. Korean President receives Global Citizen Award
The 2017 Global Citizen Awards kicked off on Tuesday evening at the...
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Lastest News
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- U.S. bombers fly farthest north of DMZ in show of force
- Korea's unemployment figure on rising trend while OECD's figure declines over 3-year period
- San Francisco unveils statue to wartime sexual slavery victims
- Korea's top trade negotiator visits U.S. ahead of second meeting on trade pact next month
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Ministers and senior officials from Asia and Europe talk about economy at the 7th ASEM Economic Ministers' Meeting held in Korea
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