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01:48
No. of newly employed in S. Korea jumped by 165,000 y/y in Nov.
The number of newly employed people in South Korea soared by 165-thousand last month compared to the same period last year recovering to above the 100-thousand mark for the first time in five months. This puts the total number of people in South Korea's workforce at just under 27-point-2-million. Statistics Korea s...
2018-12-12 12:17:29 KST -
02:25
Presidential Committee on Northern Economic Cooperation holds 3rd meeting in Seoul
Members of the Presidential Committee on Northern Economic Cooperation met on Wednesday in Seoul to discuss ways to increase cooperation with countries like Russia and Mongolia as part of President Moon's 'New Northern Policy'. (KOREAN- ) "The new northern policy began because the north...
2018-12-12 12:15:30 KST -
01:26
Samsung Electronics tops R&D investment list, spending 13.4 bil. euros in 2017: EU report
Samsung Electronics spent more money on research and development than any other company in the world last year. According to the 2018 EU Industrial R&D Investment Scoreboard, the South Korean tech giant invested more than 15 billion U.S. dollars in R&D in 2017. That amounts to an eleven-and-a-half percent incre...
2018-12-12 09:15:31 KST -
01:01
Number of newly-employed soared by 165,000 y/y in Nov.
Let's start with the latest jobs report gleaning the positives first. The number of newly employed people in Korea jumped by 165-thousand last month compared to the same period last year rising above the 100-thousand level for the first time in five months. This puts the total number of people in South Korea's workf...
2018-12-12 09:12:19 KST -
00:42
Samsung Electronics tops R&D investment list, spending 13.4 bil. euros in 2017: EU report
Samsung Electronics was the largest research and development spender in the world last year. According to the 2018 EU Industrial R&D Investment Scoreboard, the South Korean tech giant invested more than 15 billion U.S. dollars for R&D in 2017. That amounts to an eleven-and-a-half percent increase compared to the pr...
2018-12-12 08:29:45 KST -
00:53
Market wrap up
Taking a look at your markets. Wall Street had a mixed Tuesday in another volatile trading session. Pulling up the charts. The Dow Jones Industrial Average shed zero-point-two percent to 24,370. The S&P 500 edged down less than a point to 2,636. The Nasdaq added almost zero-point-two percent to 7,031. Here in...
2018-12-12 04:34:39 KST -
02:22
President Moon and finance minister emphasize importance of economic indicators regarding people's livelihoods
A reality check on the country's economy. Chairing the weekly Cabinet meeting at the government complex in Sejong City for the first time, President Moon Jae-in said the issue of revitalizing regional economies is an urgent matter. He said the country's economic growth lies with the regional economies ...
2018-12-12 04:32:04 KST -
01:43
No. of newlyweds with no children is rising in Korea: Data
The number of newly married couples in Korea that are not bearing children is on the rise especially those that are double-income households or with no residence under their name. Data released by Statistics Korea on Tuesday shows that in November, 2017 37-point-5-percent of one-point-one-million couples that regi...
2018-12-11 18:00:50 KST -
02:15
Samsung BioLogics shares soar as trading resumes
Samsung BioLogics closed Tuesday at 349 U.S. dollars a share, up 18 percent from its last close on November 14th. Trading in Samsung BioLogics was halted last month after the Financial Services Commission said the company had deliberately overstated the value of its affiliate Samsung Bioepis ahead of its IPO in 2...
2018-12-11 18:00:50 KST -
00:39
S. Korean healthcare start-ups increase by 744 in 2016, total numbers of businesses reach more than 4,000
The number of new healthcare start-ups in Korea grew by more than 80-percent in 7 years. According to the health and welfare ministry on Tuesday, 744 start-ups were formed in 2016, compared to just over 400 in 2010. Overall over 4,000 start-ups have formed since 2010, with medical devices accounting for more than 5...
2018-12-11 15:15:40 KST -
00:50
S. Korean firms' facility investment fell by 4.4% in 2018: KDB
Investment by South Korean companies in facilities this year has fallen by 4-point-4 percent and is said to likely to keep falling next year. According to a survey of roughly 3-thousand companies by the Korea Development Bank, the total volume of facility investment this year is forecast to reach 160 billion U.S. do...
2018-12-11 15:15:37 KST -
00:32
S. Korea's 2018 tax revenue through end of October marks US$ 233.4 bil.: Data
South Korea collected more tax revenue in the first ten months of this year compared to last year. Through October, in fact, the total was more than. 98 percent of this year's target. The Ministry of Economy and Finance said Tuesday. that the government had collected around 2-hundred-33-point-four billion U.S. doll...
2018-12-11 12:18:11 KST
top stories
00:43
Two Koreas conduct joint inspection to verify removal of DMZ guard posts
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00:37
U.S. Congress adopts resolution recognizing importance of S. Korea-U.S. alliance
The U.S. House of Representatives has adopted a resolution reaffirming...
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01:48
No. of newly employed in S. Korea jumped by 165,000 y/y in Nov.
The number of newly employed people in South Korea soared by 165-thous...
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