KOSPI Closes Thursday Down 1.20%
Written: 2019-05-16 15:48:01 / Updated: 2019-05-16 16:06:30
South Korean stocks were down on Thursday as Washington levied additional tariffs on Chinese telecommunications giant Huawei, raising concerns ...
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Prosecutors Raid Samsung Electronics Biz Support Task Force
Written: 2019-05-16 14:12:27 / Updated: 2019-05-16 15:19:44
Prosecutors investigating accounting fraud allegations against Samsung BioLogics raided the offices of Samsung Electronics’ business support ...
Trump Signs Executive Order on Communications Technology Security
Written: 2019-05-16 11:43:51 / Updated: 2019-05-16 13:59:25
U.S. President Donald Trump signed an executive order banning the purchase or use of technology that poses a risk to national security. White ...
Renault Samsung Reaches Tentative Wage Agreement
Written: 2019-05-16 09:33:11 / Updated: 2019-05-16 11:28:44
Unionized workers at Renault Samsung Motors have reached a tentative wage agreement with management after eleven months of tough negotiations. Labor ...
Bloomberg: US to Exempt S. Korea from New Auto Tariffs
Written: 2019-05-16 08:35:45 / Updated: 2019-05-16 17:13:35
The United States will reportedly exempt South Korea from new auto tariffs thanks to a bilateral free trade agreement renegotiated last year. Citing ...
KOSPI Closes Wednesday Up 0.53%
Written: 2019-05-15 15:46:52 / Updated: 2019-05-15 16:40:08
The benchmark Korea Composite Stock Price Index(KOSPI) gained ten-point-94 points, or point-53 percent, on Wednesday. It ended the day at two-thousand-92-point-78. The ...
Jobs Growth Slows and Jobless Rate Hits 19-Year High
Written: 2019-05-15 14:00:40 / Updated: 2019-05-15 17:18:29
Anchor: The number of jobs created in April slipped back below 200-thousand after posting above the mark for two straight months. Meanwhile, the ...
Gov't Vows Active Support to Foster Bio-Health Industry
Written: 2019-05-15 10:15:39 / Updated: 2019-05-15 10:42:20
Fiance Minister Hong Nam-ki said that the government will seek ways to foster the bio-health sector as a key pillar industry of the nation. In a ...
Samsung Fire to Raise Auto Insurance Premiums 1.5% in June
Written: 2019-05-15 09:38:23 / Updated: 2019-05-15 11:34:52
A leading insurance company in the country will raise car insurance premiums by one-point-five percent from early next month. Samsung Fire and ...
Gov't to Allow 5 New Duty-free Shops in Major Cities
Written: 2019-05-15 09:20:36 / Updated: 2019-05-15 11:22:23
The government decided to allow local retail conglomerates to open five new duty-free shops in major cities including Seoul as part of efforts to ...
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