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South Korea’s electric car market growing, but still in infancy In 2016, more than 1.54 million automobiles were sold in South Korea, 5,914 of which were electric cars. If all the electric cars currently in operation in the country were added up, there would be fe.. Wed, 22 Mar 2017 16:37:57 GMT
With global economy turning toward recovery, S. Korea stuck in low growth The global economy shows signs of emerging from its dark tunnel since the 2008 financial crisis - but for the South Korean economy, it’s still midwinter. The US economy, where the crisis emerged, is .. Tue, 21 Mar 2017 16:51:42 GMT
Samsung semiconductor worker is first case of female infertility recognized as industrial accident A female worker‘s infertility has been recognized as an industrial accident for the first time in South Korean history. The decision recognizing the worker’s infertility as an “occupational disease” .. Mon, 20 Mar 2017 17:21:26 GMT
Nominee for US Trade Representative calls out South Korea’s trade surplus with US Robert Lighthizer, US President Donald Trump’s nominee for US Trade Representative (USTR), described South Korea and Mexico as being two of the US’s trading partners that enjoy the biggest trade surpl.. Fri, 17 Mar 2017 15:52:50 GMT
[Photo] New release by top television producer Samsung Electronics’ Visual Display Business President Kim Hyun-suk introduces the QLED TV, which uses quantum dot technology, and The Frame, at a launch event at the Louvre Museum in Paris, Mar. 14. .. Thu, 16 Mar 2017 18:30:59 GMT
After five years in effect, KORUS FTA having diminished effect The South Korea-US Free Trade Agreement (KORUS FTA) marks five years in effect on Mar. 15 amid an intensifying protectionist wave from the Donald Trump administration. With many praising the agreemen.. Wed, 15 Mar 2017 17:52:52 GMT
South Korean internet giant Naver releases web browser to compete with Google and Microsoft On Mar. 14, South Korean web portal company Naver released Whale, a new web browser, raising the question of how it will affect competition in South Korea’s web browser market, which is dominated by G.. Wed, 15 Mar 2017 17:50:35 GMT
Unions offer to accept fewer hours and lower wages to create jobs for young people Public sector unions have proposed lowering wages and decreasing working hours as a way to increase employment for young people. This is the first time that organized labor has offered to accept lower.. Wed, 15 Mar 2017 17:46:46 GMT
[Photo] Smartphone as Olympic torch igniter KT Corporation Network Group head Oh Sung-mok lights the Olympic torch, using virtual reality technology, at Alpensia Resort in Pyeongchang, Gangwon Province, the site of the 2018 Winter Olympics, Mar.. Wed, 15 Mar 2017 17:41:59 GMT
[Photo] KOSPI closes over 2,130 since 2015 A worker at KEB Hana Bank dealing room in Seoul on Mar. 14, after the KOSPI closed at 2,133.78. It was the first time the KOSPI had closed at higher than 2,130 since May 27, 2015. (by Kim Jeong-hyo, s.. Wed, 15 Mar 2017 17:39:34 GMT
“The wrath of Lee Jae-yong” - flurry of resignations at Samsung Starting with the sudden dismantling of the Future Strategy Office (FSO), which had coordinated business at the Samsung Group, on Feb. 28, there have been a number of peculiar developments at the grou.. Tue, 14 Mar 2017 16:50:56 GMT
[Photo] Before and after THAAD The number of Chinese visitors to South Korea is falling due to China’s retaliation for South Korea’s decision to deploy the THAAD missile defense system. Above, Chinese tourists crowd a Lotte Departm.. Tue, 14 Mar 2017 16:44:00 GMT
South Korean power transformer exporters hit with heavy duties in antidumping judgment The US Department of Commerce dropped a duty bomb in its final antidumping judgment against large South Korean power transformers, raising the rate by twenty times over the preliminary review judgment.. Fri, 10 Mar 2017 16:23:17 GMT
Due to coal, Norway’s sovereign pension fund orders KEPCO to withdraw its investment Norway’s Government Pension Fund Global (Oil Fund), the world’s largest sovereign wealth fund, named the Korea Electric Power Corporation (KEPCO) as subject to withdrawal of its investment. Greenpeac.. Thu, 09 Mar 2017 16:24:28 GMT
US trade official accuses Samsung and LG of “cheating” on trade The head of the White House National Trade Council (NTC) accused Samsung Electronics and LG Electronics of “cheating” and denounced them for unfair trade behavior. The remarks from NTC Director Peter.. Wed, 08 Mar 2017 16:52:44 GMT

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