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00:38
Average age of bottom 20% record 63...up 12 years from 2003
The high poverty rate among the elderly has long been a problem here in Korea and the latest data shows that those earning the lowest income have also become much older on average compared to the past. Statistics Korea says the average age of people whose income is at the bottom 20 percent was 63 as of the fourth qu...
2019-02-23 16:15:09 KST -
00:32
Genisis ranks second in U.S. Consumer Report's 2019 brand rankings
Hyundai Motor's luxury brand Genesis was ranked second on U.S. magazine Consumer Reports's auto brand rankings for 2019, making it into the top three for the second consecutive year. The Brand Report Card evaluates a car's off-road capability, safety, reliability and consumer satisfaction. Hyundai's Genesis scored ...
2019-02-23 10:18:00 KST -
01:26
Apple and Goldman Sachs teaming up for credit card
U.S. tech giant Apple is teaming up with one of America's biggest banks Goldman Sachs to launch a new credit card this spring. According to the Wall Street Journal on Thursday, the credit card will be linked with features such as Apple Pay and Apple Wallet so that customers can easily track their rewards...
2019-02-22 18:06:29 KST -
01:54
Gov't seeking to loosen rules to build new chip cluster in Yongin
Korea is one step closer to building a giant semiconductor cluster in the city of Yongin, around 50 kilometers south of Seoul. The trade ministry announced on Friday that it has asked the land ministry to see whether it can ease the limits on the size of industrial zones built in metropolitan areas so that the ...
2019-02-22 18:00:03 KST -
02:16
Korea and India economic partnershp: significance and economic effect
Strengthening economic ties and creating a win-win for both countries under Korea's "New Southern Policy" and India's "Look East Policy." That's the goal agreed on Friday by President Moon Jae-in and Indian Prime Minister Modi. The New Southern Policy, pushed by the Moon Admi...
2019-02-22 18:00:03 KST -
00:32
Hyundai Motor opens auto parts manufacturing plant in Ethiopia
Hyundai Motor opened an auto parts manufacturing factory in Ethiopia. According to Reuters, the factory opened on Thursday in Addis Ababa. It will have an annual production capacity of ten-thousand cars. The Ethiopian firm partnering with the Korean giant for local distribution said the factory is large enough to ...
2019-02-22 14:48:54 KST -
00:23
Ministry of SMEs and Startups, Trade Ministry to strengthen support for manufacturing sector
The Trade Ministry along with the Ministry of SMEs and Startups vowed to strengthen cooperation in supporting the manufacturing sector. The two sides plan to hold regular meetings every two months, work on export marketing strategies and create more smart factories to improve the struggling manufacturing sector&ap...
2019-02-22 13:06:48 KST -
00:36
S. Korea's total household credit rises 5.8% on-year in Q4 of 2018
South Korea's total household credit, which includes loans and credit card debt, increased at a slower pace in the fourth quarter last year. According to the Bank of Korea on Friday, total household debt in the October-to-December period was around one-point-three-six trillion U.S. dollars. That's an incr...
2019-02-22 12:30:59 KST -
00:42
U.S. sets final duties on pipe imports from four countries including Korea
The U.S. Commerce Department has issued its final decision over anti-dumping and countervailing duties of large-diameter welded pipe imports from four countries including South Korea. Imports of large-diameter line pipe from South Korea were assigned a final dumping margin of seven to 22-point-four percent, down fr...
2019-02-22 10:02:37 KST -
01:11
"Win-win type local jobs" solution to revive economy
Korea will look for 2 to 3 more regions to apply its "win-win type local jobs" model, which has already been implemented in Gwangju. Also known as the Gwangju job project, it comes on the heels of Hyundai Motor's agreement with the city of Gwangju back in Januaryto set up a joint venture with the...
2019-02-22 10:02:37 KST -
02:43
Korea-India Business Symposium held in Seoul
Around 400 business leaders and government officials from Korea and India gathered at a business forum on Thursday to strengthen bilateral economic ties. (English) "Korea was and still remains our role model of economic growth for me. Friends, India today, are a country of 1.35 billion people, going t...
2019-02-22 10:02:36 KST -
00:55
SK hynix plans to invest US$ 106.7 bil. after 2022 to build 4 semiconductor plants in Yongin
SK hynix, the world's second-biggest memory chipmaker, plans to invest almost 107 billion U.S. dollars to build four semiconductor manufacturing plants in the city of Yongin, Gyeonggi-do Province, after 2022. The announcement comes after a special purpose company in South Korea, established to create semiconductor cl...
2019-02-22 09:00:42 KST
top stories
02:25
Working-level officials from North Korea-U.S. wrap up their 3rd day of talks quicker than before
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00:53
U.S. and China extend trade talks into the weekend to close the deal
Moving on to U.S.-China trade talks in Washington...high level talks b...
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02:47
Hanoi summit needs to result in action plans for denuclearization: U.S. experts
With the contents of the joint statement for Kim-Trump summit 2.0 stil...
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01:55
S. Korean president floats economic concessions for upcoming Kim-Trump summit in Hanoi
U.S. President Donald Trump has shown a positive response to Presi...
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01:29
N. Korea, U.S. envoys in Hanoi hold second round of talks in Hanoi
Key negotiators from Pyeongyang and Washington went straight to work a...
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01:46
Trump says 'meaningful' steps need to be taken to lift sanctions, amid hinting more summits with Kim Jong-un ahead
U.S. President Donald Trump has again stressed that he and North Korea...
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02:35
Nuclear envoys of N. Korea, U.S. continue discussions on summit declaration in Hanoi
Talks continue between North Korea and the U.S. in Vietnam... to f...
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02:25
Working-level officials from North Korea-U.S. wrap up their 3rd day of talks quicker than before
The 2nd North Korea-U.S. summit is just four days away. Preparations ...
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Lastest News
- Average age of bottom 20% record 63...up 12 years from 2003
- A Chinese warplane enters S. Korea's Air Defense ID zone
- Hanoi summit needs to result in action plans for denuclearization: U.S. experts
- Drawing down troops in South Korea not on table for N. Korea-U.S. summit: Trump
- Working-level officials from North Korea-U.S. wrap up their 3rd day of talks quicker than before
- U.S. and China extend trade talks into the weekend to close the deal
- Genisis ranks second in U.S. Consumer Report's 2019 brand rankings
- Trump adviser Bolton cancels trip to S. Korea to focus on Venezuela: White House
- Apple and Goldman Sachs teaming up for credit card
- Korea Festival Contents Awards celebrates local festivals and recognizes their impact on tourism
Current Affairs programs
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A Road to PeaceThe 30-minute show also sheds light on South Korean efforts to improve...
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The Point : World AffairsWe also connect with Liu Xin, senior host and journalist at China's CG...