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US Treasury Bond Rate Exceeds Korean Counterpart More Frequently than Before
Treasury BondsThe three-year Korean treasury bond rate increased by 0.028 percentage points to 1.596 percent between Sept. 30 and Oct. 1. Likewise, the five and 10-year rates climbed 0.038 and 0.046...
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Better-off Trade Unions Circumventing Great Compromise for Labor Market Reform
Trade Unions ReformingA tripartite agreement for the restructuring of the Korean labor market was concluded on Sept. 13. However, a number of experts point out that the agreement is far from sufficient...
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‘Korea is Particularly Vulnerable to Advanced Persistent Threats’
Threat AssessmentKorea is highly vulnerable to advanced persistent threats (APTs), which is one of the most widespread means for cyber terrorism as of late, and is the country that is the most...
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Mobile Ad Market Expected to Hit 1 Trillion Won This Year
Growing MarketThe 2015 Korea Internet White Paper published by the Korea Internet & Security Agency (KISA) on Oct. 2 predicts that this year the mobile ad market will grow 27.2 percent to 1.0595...
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Massive Nationwide Shopping Campaign Kicked Off on October 1
Black FortnightA two-week-long government-initiated discount sale campaign kicked off yesterday. Dubbed the South Korean version of the U.S.'s post-Thanksgiving Black Friday shopping spree, luxury...
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FDI Favors Seoul Metropolitan Area
Direct Foreign FavoritismForeign investment is concentrated on the Seoul metropolitan area. Sixty-five percent of foreign direct investment (FDI) went to the Seoul metropolitan area, including Gyeonggi...
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Samsung C&T Dominates Local Stock Market with 7,325,000 Won Conversion Stock...
High ValueSamsung C&T topped the Sept. conversion stock price standings at number one in the stock market. On Sept. 2, according to the Korea Stock Exchange, stocks were converted based on the...
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Have a Romantic Autumn Night at Park Hyatt Busan
Living Room BarThe Park Hyatt Busan boasts a number of stylish restaurants and bars with unique concepts. The Living Room Bar is a modern French restaurant located on the 31st floor. The...
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LG, Huawei Join War of Smartphones with Nexus Phones
Nexus WarOn Oct. 13, Google Korea unveiled the Nexus 5X and 6P, which are aimed to showcase Google's Android 6.0 Marshmallow, the latest Android operating system (OS). With this move, LG Electronics...
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Household Loan Balance Increased Greatly in August
Private BurdenThe Bank of Korea announced on Oct. 13 that the balance of household loans provided by deposit banks and non-bank depository institutions increased by approximately 9.8 trillion won...
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Korean Gov't to Winnow Out Marginal Companies for Restructuring
Hunting the WeakThe Korean government will filter out large, insolvent companies before the end of this year and set up an inter-ministerial council for the enhancement of industrial...
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Korea’s ICT Industry Reached Record-high Trade Surplus Last Month
Excess of ExportThe Ministry of Science, ICT & Future Planning announced on Oct. 13 that Korea’s ICT exports increased by 1.6 percent year-on-year last month to US$15.9 billion, the highest level...
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Display Panel Manufacturers Concerned over Chinese Market Conditions
Purchase DropChinese TV manufacturers, major clients of Korean component suppliers, are purchasing fewer large-size LCD panels in the second half of this year. Under the circumstances, the suppliers’...
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LG Hausys and Harvard University to Research Together
Cooperative ResearchLG Hausys announced on Oct. 13 that it formed a partnership with the Harvard Center for Green Buildings and Cities (CGBC) for joint research on future construction materials....
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Shinhan Financial Group Recognized as Excellent in Corporate Governance...
Excellent GovernanceThe Shinhan Financial Group (Chairman Han Dong-woo) announced that it received the grand prize at the “2015 Corporate Governance Structure Excellent Firms” award ceremony held at...
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KCC Holds Int'l Conference on Inter-Korean Broadcasting & Communications
Broadcasting in KoreaThe Korea Communications Commission (KCC) held 2015 International Conference on Inter-Koran Broadcasting & Communications on the Ritz-Carlton, Seoul on Oct. 13, together with...
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Insurance Premiums to Rise up to 15 Percent for Pricey Import Cars
Premium RiseIt is expected that insurance premiums for expensive cars, including import cars, will rise up to 15 percent beginning next year.Jeon Yong-shik, a research fellow at the Korea Insurance...
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Naver Ready to Gorge on Visual Content
Visual FeastA new broadcasting market is rising. Personalized one-man broadcasting is catching on. Thus, Naver launched the Star Live Broadcast V App service in Aug. to offer a global live streaming...
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Tech Developed to Analyze Recovery Process of Damaged DNA
DNA RecoveryThe Korea Research Institute of Standards and Science (KRISS) announced on Oct. 13 that a research team headed by Choi Joon-hyuk from the Center for Bioanalysis at KRISS successfully...
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Korean, Chinese, Japanese Monetary Policy Committees to Set up Hotline
East Asian Money HotlineAccording to the Bank of Korea, the three Northeast Asian countries of South Korea, China, and Japan are working on a regular meeting among their monetary policy committees so...
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