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Seoul stocks end higher on institutional buyingMarketsAug 22, 2017South Korean stocks closed higher Tuesday as institutions helped offset net selling by foreigners and individuals. The won traded higher against the dollar. The benchmark Korea Composite Stock Price... -
Moon urges officials to lead reforms, advocates media independencePoliticsAug 22, 2017President Moon Jae-in on Tuesday called on government officials and public workers to step up their efforts to actively lead the ongoing national reforms. "I believe the people have come to want a d... -
Hyundai Merchant cargo processing hits record at Busan portIndustryAug 22, 2017Hyundai Merchant Marine Co., the country's top shipping firm, said Tuesday that its cargo processing at Busan Port, the largest sea gateway in the country, jumped 93 percent in July from a year earli... -
Land ministry says home prices stabilizingEconomyAug 22, 2017The government claimed credit Tuesday for its latest real estate policy bringing down housing prices in Seoul. The price of a home in Seoul was up 0.33 percent in the fifth week of July, just ahead ... -
Creditors of Kumho Tire delays meeting as Doublestar demands discountIndustryAug 22, 2017Creditors of Kumho Tire Co. on Tuesday postponed their meeting after China's Qingdao Doublestar Co. demanded a cut in its bidding price for the South Korean tiremaker. The creditors, led by the Kore... -
Vice foreign minister to attend Chinese Embassy's anniversary eventAug 22, 2017South Korea will send a vice foreign minister to the Chinese Embassy's event this week to celebrate the 25th anniversary of diplomatic ties, the foreign ministry said Tuesday, amid a row over the ong... -
Korea's R&D policy to focus on long-term 'vision'TechnologyAug 22, 2017South Korea is seeking to focus on a long-term vision that can raise the overall competitiveness of the country as it utilizes its research and development budget, the ICT ministry said Tuesday. The... -
US House speaker worries NK might sell nuclear-tipped missile to terroristsNorth KoreaAug 22, 2017WASHINGTON -- US House Speaker Paul Ryan said Monday that he worries most about North Korea selling a nuclear-tipped long-range missile to terrorists. The Republican congressman from Wisconsin told ... -
Korea to map out plan for financial deregulation by year-endMarketsAug 22, 2017South Korea's state regulator said Tuesday it will map out a plan by the end of this year to ease regulations on the financial industry, aimed at reinvigorating the sector suffering from slow growth.... -
Single-member households to become most common dwelling arrangement in 2045EconomyAug 22, 2017One-person families will likely become the most common household type in all South Korean cities and provinces in the next 30 years amid the country's low birthrate and rapidly aging population, gove... -
Trade deficit in intellectual property rights narrows in H1EconomyAug 22, 2017South Korea's deficit in the trade of intellectual property rights narrowed in the first six months of this year from a year earlier on reduced shortfalls from patent use contracts, the central bank ... -
Moon to hold summit with Putin in Vladivostok next monthAug 22, 2017South Korean President Moon Jae-in will hold a summit with his Russian counterpart Vladimir Putin in Vladivostok next month during a trip to take part in the Eastern Economic Forum, the presidential ... -
Seoul shares trim earlier gains in late morning tradingMarketsAug 22, 2017South Korean shares trimmed earlier gains late Monday morning as foreigners sold off more shares. The won rose against the dollar. The benchmark Korea Composite Stock Price Index rose 7.10 points, o... -
Conservative parties voice concerns over liberal chief justice nomineePoliticsAug 22, 2017Conservative parties on Tuesday expressed unease over President Moon Jae-in's nomination of a liberal, reformist judge to lead the Supreme Court, warning it could compromise the judiciary's political... -
Korean football club Gangwon to move to new home next seasonSoccerAug 22, 2017South Korean football club Gangwon FC said Tuesday they will move into a new home stadium next season. Gangwon currently uses the Olympic Ski Jumping Centre in PyeongChang, the host city of the 2018...
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