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00:41
S. Korea's main stock index down 6.91% since March on U.S.-China trade war
The trade war between the United States and China, now in its seventh month, has dealt a blow to South Korean stocks. The country's main index, the KOSPI, lost nearly 7 percent of its value from late March until last Friday. Among markets of the G20 countries, it ranked 16th in terms of performance. Korean compani...
2018-09-23 16:28:49 KST -
00:56
WTO to review China bid for 7-billion dollars of trade sanctions on U.S.
Amid the ongoing trade war between the United States and China, the World Trade Organization on Friday looked into Beijing's request to impose more than 7-billion U.S. dollars of annual sanctions on Washington over anti-dumping practices. A source close to the organization said that the arbitration was automaticall...
2018-09-22 09:46:55 KST -
02:12
OECD downgrades 2018, 2019 forecast for global economy to 3.7%
The OECD has lowered its 2018 forecast for the global economy from its May projections by zero-point-one-percentage-point to 3-point-7-percent citing escalating trade tensions and tightening financial conditions in emerging markets. According to its biannual Interim Economic Outlook report released on Thursday that...
2018-09-21 18:15:28 KST -
02:30
S. Korean government announces new housing supply measures
The Ministry of Land, Infrastructure and Transport on Friday revealed fresh measures to stabilize Korea's housing market on top of the new rules the government introduced last week to curb speculation. The move comes as apartment prices in Seoul, according to the Korea Appraisal Board, rose at their fastest ra...
2018-09-21 18:14:28 KST -
01:27
S. Korea's producer price index hit highest level in nearly four years
Korea's producer prices hit a four-year high in the month of August. The Bank of Korea says, the producer price index, a barometer of future inflation, reached 105-point-43 in August, up half-a-percent on-month to hit its highest level since August 2014's 105-point-57. Compared to the same period last y...
2018-09-21 18:14:28 KST -
00:32
Gov't to grant license for third internet-only bank debut
The government says it'll take measures for the establishment of another internet-only bank following Kakaobank and K-bank in response to the National Assembly's approval to ease regulations. Korea's Financial Services Commission Chairman, Choi Jong-ku said Friday that it'll actively implement steps to make it possi...
2018-09-21 14:23:13 KST -
01:30
S. Korean government announces new housing supply measures
The South Korean government announced last August it would supply 300-thousand homes to curb soaring housing prices. And on Friday, it revealed the specific public housing sites where 35-thousand of these homes will be built. For more, our Ko Roon-hee is on the line for us. Roon-hee, tell us the latest. Ji y...
2018-09-21 09:15:35 KST -
00:41
S. Korea's producer prices hit highest level in four years in August
For 23 months in a row, producer prices in South Korea have continued to spikehitting the highest level in four years. The Bank of Korea says the production price index, a barometer of future consumer inflation, recorded 105-point-four in August, up three percent on-year, zero-point-five percent from a month earlier....
2018-09-21 07:01:04 KST -
00:58
Market wrap up
Taking a look at the markets The Dow hit a record closing high on Thursday, fully regaining ground after a correction that began in January. Pulling up the figures for you. The Dow Jones Industrial Average jumped 251 points, or almost one percent, to 26,656. The S&P 500 added 23 points, or zero-point-eight percen...
2018-09-21 04:26:05 KST -
01:31
Two Koreas agree to increase economic cooperation
The two Koreas have agreed to boost economic exchanges on the basis of co-prosperity, and take substantive measures to develop the economy. First, the two leaders agreed to hold a groundbreaking ceremony linking rail and roads along the east and west coasts within this year and discuss the possibility of creatin...
2018-09-20 11:58:38 KST -
00:42
KCNA reports on S. Korean president Moon Jae-in's visit to Pyeongyang
North Korea's state media officially reported on President Moon Jae-in's visit to Pyeongyang on day two of the summit. The Korean Central News Agency said on Wednesday that the two leaders discussed ways to successfully implement the Panmunjom Declaration and improve bilateral ties between the South and North. It...
2018-09-19 12:26:45 KST -
02:32
China hits back at Trump with tariffs on $60 billion of U.S. goods, triggering the trade dispute further
U.S. President Donald Trump announced on Monday that he will impose 10-percent tariffs on about 200-billion U.S. dollars' worth of Chinese goods. According to a White House statement, the fresh tariffs will take effect from September 24th… and the duties will rise to 25-percent in January 2019 if Beijing re...
2018-09-19 08:32:24 KST
Most Popular in News
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02:41
Presidential address on Pyeongyang summit: Pres. Moon says he had been assured by Kim on completely denuclearizing regime
His first stop after returning from his three-day trip to the North --...
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02:29
Moon to visit New York for talks with Trump, U.N. General Assembly
First, he briefed the South Korean people, immediately after his re...
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00:51
President Trump says he is in no rush into his denuclearization talk with North Korea
U.S. President Donald Trump says he won't rush into a deal with North ...
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02:13
Pres. Moon fulfills wish of visiting Mt. Baekdusan through N. Korean route
They held their hands up together at the peak of Baekdusan Mountain. ...
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01:37
South Koreans start heading to hometowns for Chuseok holiday
South Koreans will enjoy a five-day holiday stretching until next Wedn...
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Lastest News
- S. Korea's main stock index down 6.91% since March on U.S.-China trade war
- Many S. Koreans stressed out by Chuseok holiday
- Korean highways jammed amid Chuseok holiday exodus
- Pres. Moon to leave for New York on Sunday to attend 73rd UN General Assembly
- World leaders gathering for the UN General Assembly
- Pompeo to visit Pyeongyang if everything falls into place
- Korean highways jammed amid Chuseok holiday exodus
- Pres. Moon's interview with Fox News to air Tuesday evening in U.S.
- Chuseok delicacies in South and North Korea
- Moon to visit New York for talks with Trump, U.N. General Assembly
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