All posts tagged "Economy"

  • Samsung Electronics
    Korea ranked world’s most innovative economy

    By Ko Dong-hwan Korea has the most innovative economy in the world, according to a survey by Bloomberg, a media company based in New York. The nation topped the 2016 Bloomberg Innovation Index, which ranked the economies...

    • Posted January 21, 2016
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  • (Yonhap)
    S. Korea ratifies FTA with China

    SEOUL (Yonhap) — South Korea’s National Assembly approved the country’s bilateral free trade agreement (FTA) with China during a main session Monday. Lawmakers of the ruling Saenuri Party and the main opposition New Politics Alliance for Democracy...

    • Posted November 30, 2015
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  • Protesters wearing masks pull ropes to topple a police bus during a rally in Gwanghwamun, central Seoul, on Nov. 14. The ruling Saenuri Party is moving to ban activists from wearing masks to hide their identity. (Yonhap)
    President Park compares masked protesters to ISIS

        On Nov. 14, over 70,000 people openly protested South Korean President Park Geun-hye’s policies on labor reform and rewritten history textbooks in Seoul. Violent clashes erupted, which included police firing tear gas and water cannons...

    • Posted November 25, 2015
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  • Stacks of money held in the vault at the Bank of Korea. (Yonhap file photo)
    Household debt seen as S. Korea’s $1 trillion potential time bomb

    By Choi Kyong-ae Soaring household debt, fueled by a series of government-led stimulus programs, is posing a greater threat to the nation’s economy, analysts said. Household debt hit a fresh record of 1,166 trillion won ($1.01 trillion)...

    • Posted November 24, 2015
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  • Polynesian Plaza boutique hotel was bought by a California-based Korean company earlier this year.
    Economic exchange between Hawaii and Korea on the rise

    By The Korea Times Hawaii staff Following Governor David Ige’s recent visit to South Korea, and the 75th anniversary of the Hawaii Korean Chamber of Commerce, economic exchange between Korea and the state are stronger than ever....

    • Posted November 21, 2015
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  • Chinese President Xi Jinping, left, and North Korean leader Kim Jong-un. (AP Photos)
    N. Korea-China trade on decline amid icy ties

    SEOUL (Yonhap) — Trade between North Korea and China has gone down in the first half, data showed Wednesday, due mainly to the weakening diplomatic ties between the two allies. North Korea’s exports to China reached $1.17...

    • Posted November 11, 2015
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  • won
    Size of S. Korea’s economy to catch up to Japan’s by 2020

    By Yoon Ja-young Korea’s per capita gross domestic product (GDP) is expected to near $37,000 in five years, catching up to Japan. The report comes from estimates by the International Monetary Fund (IMF) World Economic Outlook Database,...

    • Posted November 5, 2015
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