Steelmakers Fined over Price Fixing
Written: 2018-09-09 13:50:56 / Updated: 2018-09-09 14:21:09
South Korea's antitrust watchdog plans to fine six steelmakers over 100 billion won for colluding to fix prices of steel reinforcement products. The ...
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Prosecution Seeks to Arrest Samsung Electronics' Board Chairman over Alleged Anti-Labor Efforts
Written: 2018-09-07 18:53:47 / Updated: 2018-09-07 19:03:54
The prosecution is seeking to arrest Samsung Electronics’ board chairman over his alleged involvement in a company-wide scheme to hamper labor ...
KOSPI Closes Friday Down 0.26%
Written: 2018-09-07 15:51:34 / Updated: 2018-09-07 15:55:06
South Korean stocks ended lower on Friday amid concerns over the ongoing trade war between the U.S. and China. The benchmark Korea Composite ...
Gov't to Unveil 30 Tasks on Regulatory Reform Next Week
Written: 2018-09-07 13:43:16 / Updated: 2018-09-07 13:55:56
First Vice Finance Minister Ko Hyoung-kwon says the government will unveil next week 30 tasks related to overhauling regulations. Ko made ...
KOSPI Closes Thursday Down 0.18%
Written: 2018-09-06 16:01:59 / Updated: 2018-09-06 16:17:14
South Korean stocks fell Thursday following a technology stock sell-off overnight in U.S. markets. The benchmark Korea Composite Stock Price ...
Gov't to Slap Fines on Defect Coverups, Delayed Recalls by Carmakers
Written: 2018-09-06 14:06:18 / Updated: 2018-09-06 15:36:23
The government has decided to slap fines of up to three percent of sales for auto manufacturers that are found to have concealed or scaled down vehicle ...
Fmr S. Korean UN Ambassador Calls for Efforts for N. Korea’s Economic Development
Written: 2018-09-06 11:31:48 / Updated: 2018-09-06 11:37:15
Anchor: In the final installation of Korea24's three-part special roundtable series airing this week, three esteemed experts discussed South ...
S. Korea's Current Account Surplus Hits 10-Month High in July
Written: 2018-09-06 09:38:53 / Updated: 2018-09-06 09:43:15
South Korea's current account surplus hit a ten-month high in July on the back of solid growth in exports and a recovery in global trade. According ...
Samsung Electronics to Pay $29 Mln to US Consumers for Price Fixing Scheme
Written: 2018-09-06 09:28:08 / Updated: 2018-09-06 09:46:18
South Korea's Samsung Electronics will reportedly pay 29 million dollars to consumers in the U.S. state of Washington for a price-fixing ...
Ruling Party, Gov't to Discuss Job Creation Plans For Innovative Sectors
Written: 2018-09-05 18:20:26 / Updated: 2018-09-05 20:43:56
The ruling Democratic Party and the government will hold a meeting on Thursday to discuss plans to create more jobs in biotechnology, healthcare, ...
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