중앙데일리

Samsung, LG protest U.S. tariffs on washers

Korean government officials, along with representatives from Samsung Electronics and LG Electronics, attended a U.S. International Trade Commission hearing in Washington on Thursday to protest the commission’s recent ruling that Korean washers were h…

Oct 21,2017
Interest rates will rise, hints BOK’s Lee

Korea’s central bank sent its clearest signal yet of a coming interest rate hike on Thursday thanks to an overall upturn in economic conditions, which spurred the Bank of Korea to raise its outlook for economic growth for the year to 3 percent. G…

Oct 20,2017
Decision day for Shin Kori

View of the Shin Kori 5 and 6 nuclear reactors under construction in Ulsan on Thursday. A government commission will decide on whether to continue the project today. [YONHAP]…

Oct 20,2017
Currency deal expected to bring positive change

Korea’s top economic policy maker said Thursday that the recent extension of the currency swap deal with China will help improve two-way relations, which have been in a deadlock following Seoul’s decision to deploy a U.S.-led missile defense system. …

Oct 20,2017
Moon reveals five-year job plan

President Moon Jae-in laid out a five-year road map for job creation that not only promises additional jobs in the private sector through innovative start-ups and social enterprises but also creates 810,000 jobs in the public sector, as promised on t…

Oct 19,2017
Korea avoids currency manipulator label

Korea has once again avoided being labeled as a currency manipulator by the U.S. government. However, it has remained on the monitoring list along with other major U.S. trading partners - China, Japan, Germany and Switzerland. The report, release…

Oct 19,2017
Netflix sinking deeper into debt to fuel growth

Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world’s biggest video subscription service. The big burden that Netflix is shouldering hasn’t been …

Oct 18,2017
Reps take up K bank inquiry

A routine legislative audit of the country’s financial regulators has become a major flash point as lawmakers are raising doubts about the approval process of Korea’s first internet bank. Lawmakers from the Democratic Party have been pressing fin…

Oct 18,2017
Working hard is hardly working

While small businesses, particularly those owned by individuals, are fretting over the administration’s push to increase the country’s minimum wage, another labor policy is adding to their worries: a reduction in the maximum number of hours one can w…

Oct 18,2017
Top 1% of actors earn W2 billion a year on average

While the top 1 percent of actors earned an average 2 billion won ($1.7 million) last year, it turns out that the bottom 90 percent only made 6.2 million won on average a year, which means that they didn’t even made 600,000 won ($530) per month. T…

Oct 18,2017

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