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S. Korean tech firms win 101 Innovation Awards, 7 Best Innovation Awards at 2021 CES

South Korea won scores of awards at this year's Consumer Electronics Show. According to the Korea International Trade Association on Tuesday, South Korean firms clinched 101 Innovation Awards, accou...

2021-01-26 10:12:19 KST
S. Korean economy shrinks 1% in 2020, contracting for first time since 1998: BOK

South Korea saw its worst economic performance in over two decades last year, amid the COVID-19 pandemic. According to the Bank of Korea on Tuesday, South Korea's GDP shrank one percent in 2020 com...

2021-01-26 10:12:16 KST
Property transactions by foreigners in S. Korea hit record high in 2020; up 18.5% y/y

The buying and selling of properties by foreigners in South Korea hit a record high in 2020. The capital region saw the most deals, especially Seoul's Gangnam-gu district. According to the Kor...

2021-01-26 10:11:23 KST
00:41
S. Korean economy shrinks 1% in 2020, contracting for first time since 1998: BOK

South Korea's GDP shrank by one percent in 2020 compared to the previous year. According to the Bank of Korea on Tuesday, this is the first time the nation's economy has seen an on-year contraction s...

2021-01-26 08:34:34 KST
00:31
S. Korea appeals WTO ruling over anti-dumping tariffs on stainless steel bars from Japan

The South Korean government has appealed the World Trade Organization's ruling that said Seoul violated anti-dumping rules partially when imposing tariffs on Japanese stainless steel bars. This com...

2021-01-26 05:14:17 KST
00:40
Market Wrap Up: U.S. stocks trade mixed, S&P 500 and Nasdaq recover losses

Now to your closing numbers on the market, U.S. stocks traded choppily ahead of a busy week that will include a slew of corporate earnings results, economic data, a Federal Open Market Committee meeti...

2021-01-26 04:26:16 KST
00:40
KOSPI hits new closing high on optimism about earnings reports, economic recovery

Over in South Korea, local shares closed at a record high piercing through the 32-hundred mark for the first time ever. Chip giants led the way and investors hoped that a massive stimulus package would...

2021-01-26 03:51:59 KST
00:41
Asiana Airlines flies in 20 tons of eggs from the U.S. to address shortage

With farms in South Korea having to destroy millions of chickens because of bird flu, Asiana Airlines has flown in 20 tons of eggs to help stabilize the supply and therefore the price of eggs. Prices...

2021-01-25 14:38:53 KST
00:28
Korean Air app alert for luggage loading expanded on int'l routes

Korean Air has expanded its service notifying passengers by mobile app when their luggage is loaded onto the plane after inspection. Until now it was available only when taking off from Incheon Interna...

2021-01-25 14:38:50 KST
05:29
In-depth: Global market wrap-up

Time now for an in-depth look at the market news this afternoon. And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea. Professor Yang, g...

2021-01-25 13:29:12 KST
00:30
Amount of counterfeit money found in 2020 drops to all-time low

The pandemic seems to have helped reduce the forging of banknotes in Korea. The number of counterfeit notes found last year fell to a record low, and was down for a fourth year straight. The Bank ...

2021-01-25 13:06:20 KST
00:35
Exports of 'gochujang' rose 35% in 2020 partly due to popularity of K-drama

Exports of Korean red chili paste, 'gochujang', rose a whopping 35-percent last year to 50-point-9 million U.S. Dollars. According to data from the Korea Agro-Fisheries & Food Trade Corporation, 'go...

2021-01-25 07:45:45 KST

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S. Korean tech firms win 101 Innovation Awards, 7 Best Innovation Awards at 2021 CES

South Korea won scores of awards at this year's Consumer Electronics Show. According to the Korea International Trade Association on Tuesday, South Korean firms clinched 101 Innovation Awards, accou...

S. Korean economy shrinks 1% in 2020, contracting for first time since 1998: BOK

South Korea saw its worst economic performance in over two decades last year, amid the COVID-19 pandemic. According to the Bank of Korea on Tuesday, South Korea's GDP shrank one percent in 2020 com...

Property transactions by foreigners in S. Korea hit record high in 2020; up 18.5% y/y

The buying and selling of properties by foreigners in South Korea hit a record high in 2020. The capital region saw the most deals, especially Seoul's Gangnam-gu district. According to the Kor...

S. Korean economy shrinks 1% in 2020, contracting for first time since 1998: BOK

South Korea's GDP shrank by one percent in 2020 compared to the previous year. According to the Bank of Korea on Tuesday, this is the first time the nation's economy has seen an on-year contraction s...

S. Korea appeals WTO ruling over anti-dumping tariffs on stainless steel bars from Japan

The South Korean government has appealed the World Trade Organization's ruling that said Seoul violated anti-dumping rules partially when imposing tariffs on Japanese stainless steel bars. This com...

Market Wrap Up: U.S. stocks trade mixed, S&P 500 and Nasdaq recover losses

Now to your closing numbers on the market, U.S. stocks traded choppily ahead of a busy week that will include a slew of corporate earnings results, economic data, a Federal Open Market Committee meeti...

KOSPI hits new closing high on optimism about earnings reports, economic recovery

Over in South Korea, local shares closed at a record high piercing through the 32-hundred mark for the first time ever. Chip giants led the way and investors hoped that a massive stimulus package would...

Asiana Airlines flies in 20 tons of eggs from the U.S. to address shortage

With farms in South Korea having to destroy millions of chickens because of bird flu, Asiana Airlines has flown in 20 tons of eggs to help stabilize the supply and therefore the price of eggs. Prices...

Korean Air app alert for luggage loading expanded on int'l routes

Korean Air has expanded its service notifying passengers by mobile app when their luggage is loaded onto the plane after inspection. Until now it was available only when taking off from Incheon Interna...

In-depth: Global market wrap-up

Time now for an in-depth look at the market news this afternoon. And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea. Professor Yang, g...

Amount of counterfeit money found in 2020 drops to all-time low

The pandemic seems to have helped reduce the forging of banknotes in Korea. The number of counterfeit notes found last year fell to a record low, and was down for a fourth year straight. The Bank ...

Exports of 'gochujang' rose 35% in 2020 partly due to popularity of K-drama

Exports of Korean red chili paste, 'gochujang', rose a whopping 35-percent last year to 50-point-9 million U.S. Dollars. According to data from the Korea Agro-Fisheries & Food Trade Corporation, 'go...

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S. Korean economy shrinks 1% in 2020, contracting for first time since 1998: BOK

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