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01:53
Finance minister, BOK chief vow preemptive measures against pressing economic issues
Finance Minister Kim Dong-yeon and Bank of Korea governor Lee Ju-yeol agreed on Monday to take preemptive measures against a number of risks facing the country's economy. At their seventh round of policy talks since Kim Dong-yeon took office in June last year, Kim expressed his concerns that the latest minimum ...
2018-07-16 11:04:02 KST -
00:40
EV sales of the first half year over 10 thousand... closing in upon last year's sale
Sales of electric vehicles have increased dramatically in the first half of this year. According to the Korea Automobile Importers & Distributors Association, more than 11 thousand electric cars were sold in Korea from January to June 2018. That's triple the figure for the same period last year. The Hyundai Ioniq E...
2018-07-16 10:06:58 KST -
00:51
SME minister, lawmakers to hear out angry local business owners on minimum wage hike, 52-hour work week
Government officials and members of the National Assembly are preparing to address concerns regarding the minimum wage hike for next year, and the new 52-hour work week initiative. The Korea Federation of SMEs says Minister of SMEs and Start-ups Hong Jong-hak will hold a meeting on Monday with representatives of sm...
2018-07-16 10:05:31 KST -
02:24
Finance minister, BOK chief meet to discuss pressing economic issues
And shifting our focus,… South Korea's top economic and monetary policymakers met this morning to talk discuss a wide range of issues,. like the growing trade tensions between the U.S. and China as well as the country's grim real economy figures,.. including the job numbers. We have our correspondent Kim Hye-sung w...
2018-07-16 08:37:29 KST -
00:49
China to encourage outbound investment in foreign companies: Report
China reportedly says it'll encourage more investment in foreign companies in response to U.S. efforts to block Chinese firms making inroads for their alleged theft of intellectual property. The People's Daily, run by the Communist Party, reported Sunday that China's Vice Minister of Commerce, Wang Shouwen , said thi...
2018-07-15 14:59:12 KST -
02:05
South Korea hikes minimum wage for 2019 by 10.9%
South Korea's Minimum Wage Commission has set next year's minimum wage at eight-thousand-350 Korean won, or seven-point-four U.S. dollars an hour. (Korean) "The labor side's proposal of eight-thousand-680 won and the general public's suggestion of eight-thousand-350 won were put to a vote. The general public's s...
2018-07-14 13:14:28 KST -
01:29
Economic recovery extends for 8 months amid growing uncertainties
South Korea's economy has been on a steady rise for 8 straight months on the back of a rebound in industrial output. According to the government's monthly economic "Green Book" report,… South Korea's overall industrial output rose 0-point-3-percent on-month in May, following the previ...
2018-07-13 18:00:21 KST -
01:27
Korea's export and import prices rise in June
South Korea's import prices went up for the sixth consecutive month in June due to the weakening Korean won. The Bank of Korea says the import price index rose one-point-three percent on-month, recording 88-point-two-six in June. Compared to the same period last year, the index is up nearly eleven percent, m...
2018-07-13 18:00:21 KST -
00:37
Committee expected to raise 2019 minimum wage
A government commission held a meeting to discuss the country's minimum wage for next year. It was recently raised by 16-point-4 percent. The 27-member panel may have a hard time narrowing their differences. Labor representatives demand a hike of some 43-percent, to over 10-thousand won, roughly 9-dollars 60-cen...
2018-07-13 12:57:14 KST -
00:44
Samsung BioLogics to face criminal investigation in accounting fraud scandal
And on to the latest on Samsung BioLogics and the accounting fraud scandal swirling around the firm. The Financial Supervisory Service says. a 2015 accounting breach by the Samsung affiliate was *intentional and the biopharmaceutical firm clearly violated accounting rules. The financial regulator adds it will re...
2018-07-13 10:08:18 KST -
00:43
Korea's export and import prices rise in June
South Korea's import prices went up for the sixth consecutive month in June due to the weakening Korean won. The Bank of Korea says the import price index rose one-point-three percent on-month, recording 88-point-two-six in June. Compared to the same period last year, the index is up near eleven percent, marking the...
2018-07-13 09:13:28 KST -
02:48
Role of N. Korean defector-turned-entrepreneurs in S. Korea
For Jeon Geum-ju, a North Korean defector-turned-entrepreneur, being busy at 6 AM is nothing new. Jeon, who came to South Korea in 2010, owns a flower online shopping mall, and she often stops by this flower market in the morning to get the best possible merchandise for her customers. (KOREAN- ) "To...
2018-07-13 06:52:02 KST
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02:06
France beat Croatia 4-2 in final to win 2018 Russia World Cup
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01:53
Finance minister, BOK chief vow preemptive measures against pressing economic issues
Finance Minister Kim Dong-yeon and Bank of Korea governor Lee Ju-y...
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00:50
Korea sweltering under hottest temperatures of this year's summer so far
If you are watching us in Korea,... you'll be well aware that it's hot...
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02:46
President Moon outlines South, North Korea economic community, economic map with ASEAN in 'Singapore Lecture'
In a city state which just a month earlier saw the leaders of North ...
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02:02
North Korea fails to show up for talks on repatriation of U.S. soldiers' remains
Officials from North Korea were expected to meet Thursday with UN C...
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02:05
South Korea hikes minimum wage for 2019 by 10.9%
South Korea's Minimum Wage Commission has set next year's minimum wage...
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01:58
Moon carefully predicts success for N. Korea, U.S. talks during summit with Singapore
Despite possible obstacles down the road, North Korea, U.S. negotiatio...
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02:02
2018 Boryeong Mud Festival in full swing on Daecheon Beach
Marking its 21st edition this year, the Boryeong Mud Festival is o...
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Lastest News
- S. Korean President Moon orders immediate submission of all documents related to military mobilization plan for crackdown allegedly drafted in late 2016
- Finance minister, BOK chief vow preemptive measures against pressing economic issues
- Trump describes EU as foe on trade alongside China and Russia.
- Heat and humidity intensifies
- Presidential Committee on Northern Economic Cooperation returns home after trip to North
- N. Korea to grant amnesty to prisoners, marking 70th anniversary of regime foundation
- Korea sweltering under hottest temperatures of this year's summer so far
- EV sales of the first half year over 10 thousand... closing in upon last year's sale
- Choo Shin-soo extends on-base streak to 51
- Korean researchers develop self-watering flower pot
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S. Korea's defense chief Song meets with U.S. Secretary of the Navy Spencer to strengthen military cooperation
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