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Thu, January 24, 2019 | 21:51

Over 80 percent of foreigners have positive national image of S. Korea: poll

More than eight out of 10 foreigners have a positive national image of South Korea, a survey released by the government showed Tuesday.According to an online survey of 8,000 people in 16 countries, including South Korea, 80.3 percent of foreign respondents evaluated South Korea's national image positively.Notably, 34.6 percent expressed a "very positive" impression of the nat...

Seoul & provinces | 2019-01-22 16:11

Social dialogue body on taxi, carpooling services launched

The ruling party, the government, and the taxi and carpooling service sectors launched a social dialogue body Tuesday in an effort to explore win-win strategies over shared mobility.Taxi associations have been strongly opposed to the introduction of carpooling services by Kakao Mobility Corp., the operator of South Korea's largest taxi-hailing app, claiming the move will put ...

Seoul & provinces | 2019-01-22 15:50

Court suspends FSC's penalties on Samsung BioLogics

A Seoul court approved Tuesday a request by Samsung BioLogics Co. to put on hold the execution of penalties by the financial watchdog for the company's suspected accounting irregularities.The Seoul Administrative Court accepted Samsung's argument that enforcing the penalties before a formal court ruling can cause unrecoverable damage to the firm.

Finance | 2019-01-22 15:37

South Korea to produce new air defense command system

A South Korean defense firm has begun the production of a new air defense command and control system featuring the speedier detection of hostile aircraft, the country's arms procurement agency said Tuesday.In December, the Defense Acquisition Program Administration (DAPA) signed a contract worth 32.9 billion won (US$29.1 million) with Hanwha Systems to produce 12 Command Cont...

Defense Affairs | 2019-01-22 15:29

Fine dust forces Koreans to change way of life

Fine dust is increasingly becoming a major issue in the daily lives of South Koreans, while also beginning to force them to change the way they live, as well as where they spend most of their time."I usually bring my kids with me to the Han River park to play basketball or take a walk, but I decided to leave them home this weekend because the weather forecaster said the fine ...

Labor & environment | 2019-01-22 14:53

Trump's shutdown solution hangs in limbo

President Donald Trump's proposal to break through the budget deadlock appeared to be gaining little traction Monday, as another missed paycheck loomed for hundreds of thousands of workers and the partial federal shutdown stretched into its fifth week.Despite the fanfare of the president's announcement and the rush to release the legislative package late Monday, voting in Con...

Americas | 2019-01-22 13:40

UN forecasts global economic growth around 3 percent in 2019

The United Nations is forecasting that the global economy will grow by around 3 percent in 2019 and 2020, but says waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects. The U.N.'s report on the World Economic Situation and Prospects 2019 also stresses that economic growth is uneven and often doesn't reach countries that need it most.

Policies | 2019-01-22 11:45

South Korean economy grows 2.7 percent in 2018: BOK

South Korean economy grows 2.7 percent in 2018: BOK

The South Korean economy grew at the slowest pace in six years in 2018 as shrinking corporate investment weighed heavily on Asia's fourth-largest economy, central bank data showed Tuesday.The nation's economy expanded 2.7 percent on-year in 2018, slowing down from 3.1 percent the previous year, according to the advance estimate by the Bank of Korea.

Policies | 2019-01-22 11:42

China's Huawei in unprecedented media blitz as it battles heightened scrutiny

China's Huawei has launched an unprecedented public relations blitz, thrusting its low-key founder in front of international media as the telecoms firm seeks to ease concern among Western nations bent on shutting it out of their markets.The move, along with significant personnel change in its 300-strong corporate affairs department, comes as the world's largest telecommunicat...

IT | 2019-01-22 10:50

UK leader unveils Brexit Plan B, looks a lot like Plan A

British Prime Minister Theresa May unveiled her Brexit Plan B on Monday - and it looks a lot like Plan A. May launched a mission to resuscitate her rejected European Union divorce deal, setting out plans to get it approved by Parliament after securing changes from the EU to a contentious Irish border measure.

Other Regions | 2019-01-22 10:29

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