KAI to Provide 4 KT-1 Trainer Jets to Senegal
Written: 2016-07-19 13:57:15 / Updated: 2016-07-19 14:04:42
Korea Aerospace Industries(KAI) has sold four of its KT-1 trainer jets to Senegal’s Air Force. KAI unveiled on Tuesday that a decision was ...
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BOK Chief Cautions Monetary Easing's Impact on Financial Stability
Written: 2016-07-19 10:06:54 / Updated: 2016-07-19 11:52:02
Bank of Korea(BOK) Governor Lee Ju-yeol said on Tuesday that although he agrees on the need for eased monetary policy, he is concerned that such measures ...
FTC Rejects SK Telecom's Merger with CJ HelloVision
Written: 2016-07-18 18:57:35 / Updated: 2016-07-18 19:33:59
The Fair Trade Commission(FTC) has rejected SK Telecom(SKT)’s bid to purchase the country’s leading cable TV operator CJ HelloVision. The ...
ADB Maintains 2016 Growth Forecast for S. Korea at 2.6%
Written: 2016-07-18 18:32:41 / Updated: 2016-07-18 19:35:29
The Asia Development Bank(ADB) has retained its economic growth forecast for South Korea for this year at two-point-six percent, although it cut ...
Gov't Unveils Measures to Promote Electric Car Industry
Written: 2016-07-18 18:29:25 / Updated: 2016-07-18 19:35:51
The government will halve electric car charging fees and increase state subsidies for electric car buyers as part of efforts to promote the use of ...
Obesity Rate Up in S. Korea
Written: 2016-07-18 11:32:52 / Updated: 2016-07-18 11:36:58
A new study shows that more and more South Koreans fall into the category of obesity. A research arm of the National Agricultural Cooperative ...
Short-term Floating Fund Surpasses 950 Tln Won For 1st Time
Written: 2016-07-18 09:06:12 / Updated: 2016-07-18 09:11:10
South Korea’s idle money yet to be committed to long-term investment has hit a record high despite the efforts by the Bank of Korea(BOK) to provide ...
US Slaps Antidumping Duties on S. Korean Steel Pipes
Written: 2016-07-16 13:58:07 / Updated: 2016-07-16 14:09:57
The U.S. Department of Commerce has imposed antidumping duties worth a maximum three-point-82 percent on South Korean steel products known as ...
Minimum Wage Raised 7.3% to 6,470 Won for 2017
Written: 2016-07-16 12:41:18 / Updated: 2016-07-16 13:04:30
The nation's minimum wage has been raised by seven-point-three percent, or 440 won, to six-thousand-470 won per hour for next year. Monthly, this ...
Naver's Line Listings in Tokyo, New York Score Big
Written: 2016-07-15 18:23:56 / Updated: 2016-07-15 19:35:45
Shares of Line Corporation, a subsidiary of South Korean Internet firm Naver, has surged as it debuted on the New York Stock Exchange on Thursday ...
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