NewsNetwork

 

Finance ministry to unveil 2nd half economic policy plan next month

SEJONG, June 25 (Yonhap) — South Korea’s finance ministry is expected to unveil its policy plan for the second half of the year next month with job creation targets widely projected to be cut sharply, sources said Monday. “Economic policy plans wi Source: Money


S. Korea spends 19.4 tln won on R&D in 2017

SEOUL, June 25 (Yonhap) — South Korea invested 19.4 trillion won (US$17.3 billion) in research and development (R&D) last year, with the majority of its budget earmarked for the development of basic technologies, the government said Monday. Asia’s Source: Money


Starbucks pursues premium strategy in S. Korea

SEOUL, June 25 (Yonhap) — Starbucks Coffee Korea Co. said Monday it will expand its premium Reserve stores in South Korea to meet the growing demand for specialty coffee among South Koreans. Starbucks Coffee Korea is set to open two Reserve stores Source: Money


(LEAD) Seoul shares close nearly unchanged

(ATTN: ADDS bond yields at bottom, photo) SEOUL, June 25 (Yonhap) — South Korean stocks closed nearly flat Monday as gains from chemical and steelmaking shares offset losses from chips. The local currency lost ground against the U.S. dollar. The Source: Money


S. Korean Bond Yields on June 25, 2018

Today (%) Previous Session(%) Change (BP) 1-year TB 1.849 1.847 +0.2 3-year TB 2.143 2.147 -0.4 10-year TB 2.605 2.608 -0.3 Source: Money


Nexon to adopt flexible working system

SEOUL, June 25 (Yonhap) — Longtime South Korean online gaming giant Nexon Korea Co. said Monday that it will introduce flexible working hours next month, in line with steps taken by other major gaming firms to provide more leisure time for its employe Source: Money


Seoul shares close nearly unchanged

SEOUL, June 25 (Yonhap) — South Korean stocks closed nearly flat Monday as gains from chemical and steelmaking shares offset losses from chips. The local currency lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price Index Source: Money


S. Korea's economy expected to grow 3 pct in 2018: KIET

SEOUL, June 25 (Yonhap) — South Korea’s economy is expected to expand 3 percent this year as increased domestic consumption and government spending will offset sluggish exports and investment, a local think tank said Monday. The Korea Institute fo Source: Money


KOSDAQ 836.00 UP 5.73 points (close)

(END) Source: Money


Nearly 60 pct of S. Korean manufacturers expect 4th industrial revolution to hurt jobs

SEOUL, June 25 (Yonhap) — Nearly six out of 10 South Korean manufacturing companies forecast that the upcoming fourth industrial revolution will weigh heavily on employment, especially in labor-intensive sectors, a survey said Monday. According to Source: Money