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01:51
S. Korean households' home ownership rate 55.9% in 2017: Data
Data released by Statistics Korea on Friday shows that more than 44% of South Korean households do not own their homes. As of November 1st 2017, the home ownership rate of households stood at 55-point-9 percent which marks a 0-point-4 percentage point increase from the previous year. Breaking it down by city, h...
2018-11-16 18:02:25 KST -
00:35
Chinese visitors to S. Korea up 30% in Oct. after tour ban lifted
The number of Chinese tourists visiting the nation took a dive when Beijing banned travel agencies selling group tours to Korea, in retaliation of Seoul's decision to deploy a new missile defense system. Some positive changes are seen after that de-facto ban was lifted. Immigration statistics show the number of Chi...
2018-11-16 14:27:07 KST -
00:38
S. Korean automobiles racking up awards in U.S. market
South Korean automobiles are racking up awards in the U.S. market. California-based vehicle valuation and auto research company, Kelley Blue Book, has named two Hyundai cars as the best in their respective categories. Hyundai's Kona won Subcompact SUV Best Buy of 2019, and the company's Veloster N was named Best ...
2018-11-16 12:32:18 KST -
00:43
Stocks wrap up
Taking a look at your markets. U.S. stocks climbed Thursday following a choppy morning of trading. Pulling up the figures for you. The Dow added more than 200 points, or zero-point-eight percent, to 25,289. The S&P 500 jumped more than a percent to 2,730. The Nasdaq soared around one-and-three-quarter percent to...
2018-11-16 05:17:42 KST -
00:46
Foreign currency deposits dropped for first time in four months
The amount of foreign currency deposits held in Korean banks fell for the first time in four months in October. Data by the Bank of Korea released on Thursday show the amount dropped by more than five-and-a-half billion U.S. dollars from a month earlier to more than 68-billion dollars. It includes currency deposits...
2018-11-15 14:48:18 KST -
00:47
Smaller Korean firms ask for flexibility in new work week limits
The South Korean government back in July tightened the limit on working hours to 52 hours a week. Some companies that can't meet that limit every week, though, are allowed to spread the hours over a period of three months. Now small and medium-sized firms have asked the labor ministry to consider totalling it up over...
2018-11-15 14:48:14 KST -
00:41
CJ and Samsung Electronics hiring more workers: Report
Speaking of job creation, it's become the government's top priority, and some companies are apparently on board with that. South Korean industry tracker CEO Score has announced a ranking of companies based on their net increase of workers in the first three quarters of 2018. The one that hired the most was CJ Corpo...
2018-11-15 12:20:08 KST -
03:30
Interview with Blockchain Research Institute Founder Alex Tapscott
1. Blockchain, along with AI, the internet of things and robotics, is considered one of the core technologies of the fourth industrial revolution, why is that? What blockchain represents is a new evolution of the internet. For the first time in human history, we have a native digital medium for value that a...
2018-11-15 10:21:00 KST -
02:17
Samsung BioLogics suspended from stock market for accounting scandal
Korea's Securities and Futures Commission said Wednesday it found that Samsung BioLogics had intentionally inflated its value by nearly 4 billion U.S. dollars in 2015. It says the company had deliberately applied different accounting standards against regulations by changing the way it estimated how much its ...
2018-11-15 10:19:08 KST -
00:47
KITA report calls for stronger trade ties with India, ASEAN region
A report released by the Korea International Trade Association on Thursday. has emphasized the importance of the Moon Jae-in administration's "New Southern Policy." It advised South Korea, an export-driven country. to come up with strategies to diversify its trade routes and lessen Korea's trade dependence on its nu...
2018-11-15 09:38:47 KST -
00:54
Market wrap up
Taking a quick look at your financial markets. U.S. equities fell again on Wednesday and domestic oil snapped its almost two-week record losing streak. Pulling up the figures for you. The Dow Jones Industrial Average fell zero-point-eight percent, or 205 points to 0.81%, or 205.25 points, to 25,085. The S&P 500 s...
2018-11-15 04:22:41 KST -
01:45
South Korea's ICT exports mark second highest monthly record in Oct.
A report released by the Ministry of Trade, Industry and Energy on Wednesday shows South Korea's ICT exports rose by more than 12-percent on-year in October to more than 20-point-2-billion U.S. dollars the third straight month it has surpassed the 20-billion dollar mark. The nation's ICT trade surplus s...
2018-11-14 18:05:26 KST
top stories
01:44
Two Koreas agree to cooperate in aviation sector; new flight routes proposed
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02:04
President Moon lands in PNG to join APEC Summit
After knocking out two important summits with U.S. Vice President ...
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01:15
Ultra fine dust warnings in S. Korea due to smog from China, but fine dust will clear by the weekend
South Korea is under a ultra fine dust warning on Friday due to the...
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02:17
Samsung BioLogics suspended from stock market for accounting scandal
Korea's Securities and Futures Commission said Wednesday it f...
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02:03
College entrance exam day for nearly 600,000 test takers in S. Korea ends
It was South Korea's annual College Scholastic Ability Test or 'Su...
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02:21
Key UN committee condemns North Korea's human rights violations
The UN Committee on Human Rights has adopted a resolution slamming...
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02:02
ASEAN summits: President Moon calls for cooperation for peace and prosperity
During the ASEAN+3 summit meeting, President Moon Jae-in affirmed...
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02:40
Pres. Moon says progress on peace owed to strong S. Korea-U.S. alliance
In Singapore Thursday, President Moon Jae-in and Vice President P...
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Lastest News
- Japan should reveal truth about drafting of Koreans, sincerely apologize: N. Korean official
- S. Korean Navy launches first cadet training vessel
- Weather turns cold over the weekend
- Seoul seeking ways to increase media exchange with North Korea
- S. Korean households' home ownership rate 55.9% in 2017: Data
- Key UN committee condemns North Korea's human rights violations
- President Moon lands in PNG to join APEC Summit
- North Korea to deport U.S. citizen detained for illegal entry
- Two Koreas agree to cooperate in aviation sector; new flight routes proposed
- Ultra fine dust warnings in S. Korea due to smog from China, but fine dust will clear by the weekend
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Arirang NewsThe Arirang NEWS quickly delivered the news about National/Politics, N...
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