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00:34
Foreign investment in S. Korea hit 20 billion U.S. dollars in shortest period this year
Foreign direct investment in South Korea reached 20 billion U.S. dollars in October -- the shortest period of time that it has taken for the nation's FDI to reach the milestone. On Monday at the Korea-EU Investment Roundtable in Paris, the Seoul's trade ministry said the country had secured 20-point-2 billion U.S. d...
2018-10-19 18:00:25 KST -
02:21
U.S. stocks slide on Thursday after Chinese stock market hit its lowest in 4 years
U.S. stocks closed lower on Thursdaywith the main indices all falling more than one percent. The Dow Jones Industrial Average tumbled more than three-hundred points, or some one-point-three percent. The S&P 500 dropped over one-point-four percent, and the Nasdaq plunged more than two percent. This comes afte...
2018-10-19 18:00:25 KST -
00:31
Samsung Electronics opens artificial intelligence research center in Montreal
Samsung Electronics has opened a new artificial intelligence research center in Montreal, Canada, a growing AI hub for global IT companies. The facility is dedicated to research of core Artificial Intelligence technologies such as machine learning and robotics, and will be headed by Professor Gregory Dudek from ...
2018-10-19 17:59:26 KST -
00:33
KOSPI rebounds after turbulent morning on Friday
South Korea's main stock index closed higher on Friday after a turbulent morning session. The benchmark KOSPI closed at 21-56, up nearly Point-four percent from the previous session. But during morning trading, it hit the lowest point since last March dropping at one point to 21-18mainly due to sharp dips i...
2018-10-19 17:59:25 KST -
00:38
U.S. stocks slide on Thursday after Chinese stock market hit its lowest in 4 years
All three of the major indices on Wall Street fell on Thursday after the Chinese stock market dropped nearly three-percent to hit a four-year low. The Dow Jones Industrial Average tumbled by more than three-hundred points, or around one-point-three percent. The S&P 500 dropped over one-point-four percent, and the N...
2018-10-19 08:33:44 KST -
02:20
BOK keeps key rate at 1.5%, lowers growth forecast to 2.7% for 2018
The Bank of Korea on Thursday lowered its growth forecast for the local economy to 2-point-seven percent from July's two-point-nine percent. That would mark the slowest growth since 2012. (Korean) "Our revised growth forecast has been lowered to reflect second-quarter growth. But it remains in li...
2018-10-19 07:04:06 KST -
00:54
Market wrap up
Now for a look at your financial markets. All three of the major indices on Wall Street sold off into the close on Thursday. Pulling up the numbers for you. The Dow Jones Industrial Average tumbled around one-point-three percent or 327 points to 25,379. The S&P 500 dropped over one-point-four percent or 40 point...
2018-10-19 04:41:17 KST -
02:13
S. Korean gov't announces tougher loan screening measures to reduce household debt
South Korea's Financial Services Commission and Financial Supervisory Service announced on Thursday that they are creating a specific standard, based on the debt-service ratio, for what is classed as a risky bank loan. Vice Chairman of the FSC Kim Yong-beom said this change, which will come into effect at t...
2018-10-18 17:59:39 KST -
01:49
South Korea's labor productivity at SMEs lowest in OECD: Report
A report released by the OECD on Thursday shows almost nine out of ten laborers in South Korea work at small-and-mid-sized companies,one of the highest ratios in the OECD, but their labor productivity is among the lowest. Among the total number of laborers in South Korea, the OECD found more than 87-percent worked...
2018-10-18 12:50:14 KST -
00:35
South Korea on U.S. Treasury Department's watch list for currency manipulation
None of America's major trading partners meet its criteria to be designated as currency manipulators. But Washington included South Korea among the nations on its watch list. The main focus for the Treasury Department has been China. President Donald Trump criticized Beijing for weakening the yuan, to help ...
2018-10-18 12:50:14 KST -
01:41
Bank of Korea keeps key interest rate at 1.5% for Oct.
The Bank of Korea has kept its benchmark interest rate unchanged at one-point-five percent for October This marks the seventh freeze this year after the Bank raised its key rate for the first time in over six years last November. The decision comes despite the widening U.S.-Korea rate gap, which increased to 75...
2018-10-18 12:28:38 KST -
00:34
U.S. Senate asks Hyundai, Kia representatives to testify on engine fire reports
The U.S. Senate has summoned top executives from the U.S. units of Hyundai Motor and Kia Motors to testify at a hearing on reports of engine fires involving Korean automobiles Reuters reports that the Senate Commerce Committee's request for the November 14th hearing comes as over 100 fire complaints have bee...
2018-10-18 10:03:29 KST
top stories
02:29
President Moon urges EU leaders to ease sanctions on North Korea to speed up denuclearization process
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00:51
Saudi Arabia confirms journalist Jamal Khashoggi was killed in Saudi consulate in Istanbul
Saudi Arabia has admitted journalist ( ) Jamal Khashoggi died after ...
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01:50
South Korea and U.S. suspend major joint military exercise slated for Dec.
The Pentagon has revealed that South Korea and the U.S. have agreed to...
Most Popular in News
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02:13
President Moon calls for peace on Korean Peninsula at St. Peter's Basilica
President Moon making the most of his time in the limelight to talk ab...
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02:19
Pres. Moon meets Pope Francis at the Vatican
President Moon Jae-in, on a five-nation tour of Europe is believed to ...
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02:29
President Moon urges EU leaders to ease sanctions on North Korea to speed up denuclearization process
President Moon Jae-in urging his European counterparts to start pe...
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01:48
Pope Francis expresses willingness to visit North Korea if officially invited
Pope Francis may soon become the first Pontiff to ever step foot in No...
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01:33
Pres. Moon shares vision for peace and prosperity in Northeast Asia and beyond
His vision for peace starts on the divided Peninsula and stretches to ...
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Lastest News
- President Moon urges EU leaders to ease sanctions on North Korea to speed up denuclearization process
- U.S., Chinese leaders to meet in Buenos Aires next month ahead of G20 Summit
- South Korea and U.S. suspend major joint military exercise slated for Dec.
- Saudi Arabia confirms journalist Jamal Khashoggi was killed in Saudi consulate in Istanbul
- Second Kim-Trump summit likely to happen next year: Report
- Results of the 8th S. Korea- U.S. defense cost sharing negotiations
- President Moon says his trip to Italy, Vatican made him realize peace is future of humanity
- Pres. Moon shares vision for peace and prosperity in Northeast Asia and beyond
- Weather stays pleasant this weekend
- Defense chiefs of S. Korea and U.S vow to coordinate on denuclearization
Life/Culture
2019 S/S Hera Seoul Fashion Week grabs attention of next generation and international buyers
Current Affairs programs
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Foreign CorrespondentsForeign Correspondents from all around the globe sit down to discuss i...
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A Road to PeaceThe 30-minute show also sheds light on South Korean efforts to improve...