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LG Electronics to release Q8 smartphone

TechnologyAug 24, 2017

LG Electronics Inc. said Thursday it will start sales of the LG Q8 smartphone this week, which will be equipped with high-end audio features. The South Korean tech said sales will start Friday with ...
W100b reserve set up for refund guarantees for small and mid-sized shipbuilders

IndustryAug 24, 2017

South Korea set up a 100 billion-won ($88.7 million) reserve for policy banks to issue refund guarantees for small and mid-sized shipbuilders, officials said Thursday. The fund is aimed at supportin...
Govt. to expand health insurance benefits for pregnant women

EconomyAug 24, 2017

The South Korean government will expand health insurance benefits for pregnant women, the government said Thursday, in an effort to better tackle the country's chronic low birthrate. The Ministry of...
Not all pay TV operators winning from VOD market expansion: report

TechnologyAug 24, 2017

The video-on-demand service is a fast-growing market for the pay TV industry, but opportunities are not going evenly to all operators, a report said Thursday. The report released by Korea Informatio...
Korean stocks open higher on foreign buying

MarketsAug 24, 2017

South Korean stocks opened higher Thursday helped by foreign buying. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index rose 5.52 points, or 0.23 percent, to ...
Moon's approval rating rises to 74.4%

PoliticsAug 24, 2017

President Moon Jae-in's approval rating rose from a week earlier this week, a poll showed Thursday, despite the widespread public scare over contaminated eggs that forced the president to personally ...
Gold funds shine on flight to safety

MarketsAug 24, 2017

Gold-related funds in South Korea have posted stellar returns over the past month, data showed Thursday, as geopolitical risks chilled the stock market and stoked investors' flight to safety. Those ...
New US sanctions against N. Korea could bite: expert

North KoreaAug 24, 2017

WASHINGTON -- The latest United States sanctions against North Korea could have the intended effect of disrupting its nuclear and ballistic missile programs, but only over time, a US expert said Wedn...
Koreans' overseas card spending hits record high in Q2

EconomyAug 24, 2017

Overseas card spending by South Koreans hit a record high in the second quarter despite a decline in the number of people going overseas, the central bank said Thursday. In the April-June period, ov...
Deregulations can offset side effects of corporate tax hike: finance minister

EconomyAug 24, 2017

South Korea's finance chief said Wednesday that the government will examine steps to ease regulations to help offset the negative side effects of a looming corporate tax hike. Finance Minister Kim D...
Govt. to inspect all chickens for insecticides

Social affairsAug 24, 2017

The government will conduct an investigation into chickens throughout the country after some chicken meat has been found to have more anthelmintic residue than the permissible level, the agricultural...
Investment by global chipmakers soar in Q2 on Samsung

IndustryAug 24, 2017

The combined investment rolled out by global chipmakers in the second quarter reached record-high levels fueled by efforts made by Samsung Electronics Co., data showed Thursday. According to industr...
Leaders of Korea, China exchange congratulatory messages to mark 25th anniv. of diplomatic relations

Diplomatic CircuitAug 24, 2017

Leaders of South Korea and China exchanged congratulatory messages Thursday to mark the 25th anniversary of normalizing diplomatic ties between the two countries, the foreign ministry said. In the m...
Whisky customers opting for low-proof products amid market slump

IndustryAug 24, 2017

South Korea's whisky market, which has been contracting for eight years in a row, is showing some changes as buyers opt for low-proof products and brand diversity, industry watchers said Thursday. S...
Seo Tai-ji tribute album to be released next month

MusicAug 23, 2017

A remake album celebrating the 25th anniversary of groundbreaking Korean pop musician Seo Tai-ji's debut will be released next month, according to a record label Wednesday. "Time: Traveler," an albu...