Sony PlayStation 5 to launch November priced $499.99 and $399.99
Sony Corp said on Wednesday the next-generation PlayStation 5 console would launch in November priced at $499.99 and $399.99 for a version without a disk drive, as it squares off...
Category: Business
S. Korea to provide US$300,000 worth of aid to flood-hit Sudan
SEOUL, South Korea will provide US$300,000 worth of humanitarian aid to Sudan to help the African country cope with massive floods that have killed over 100 people, the foreign ministry...
Moon visits Changwon industrial complex over New Deal project
SEOUL, President Moon Jae-in made a visit to a major industrial complex in Changwon, South Gyeongsang Province, Thursday as part of his on-site activities associated with the Korean-version New Deal...
PM requests parliament’s swift approval of 4th COVID-19 response extra budget
SEOUL, Prime Minister Chung Sye-kyun on Monday requested the National Assembly’s swift approval of an extra budget worth 7.8 trillion won (US$6.6 billion) proposed to cushion the economic fallout from...
Moon says walking tightrope inevitable between virus control, economy
SEOUL, President Moon Jae-in said Monday that South Korea should walk a fine line between antivirus efforts and measures to revitalize the economy, which is why the government has decided...
Seoul stocks almost flat on valuation concerns
SEOUL, South Korean shares closed nearly flat on Friday amid growing valuation woes in the financial markets. The Korean won fell against the U.S. dollar. The benchmark Korea Composite Stock...
Parcel delivery workers overworked and underpaid: report
SEOUL, Parcel delivery workers suffer chronically from overwork and low wages, civic activists and politicians said Thursday, calling for countermeasures to enhance their health and welfare particularly ahead of the...
European Markets Posting Gains after Major Losses in US and Asia
European markets are providing a bright spot for investors after Tuesday’s heavy losses on Wall Street and a setback in the development of a potential COVID-19 vaccine sent Asian indices...
Unemployment benefits fall from record high
SEOUL, The amount paid out in jobless benefits fell slightly in August from the previous month while the number of employment insurance subscribers increased at a faster rate, data showed...
Indonesia delays payment of US$420 mln for fighter development project with S. Korea
SEOUL, Indonesia is hundreds of millions of dollars in arrears on its dues for South Korea’s next-generation fighter jet development project, even though the country agreed to fund some of...
Nanox Imaging share price up 120% since IPO
Two weeks after its IPO, Israeli medical imaging technology company Nanox Imaging Ltd. has seen its share price rise by 120%. Trend reports with reference to Globes. Nanox raised $190...
Labor ministry proposes 16.3 pct rise in budget to bolster labor safety net amid pandemic
SEOUL, The government has earmarked nearly 35.5 trillion won (US$29.9 billion) in its 2021 budget for the Ministry of Employment and Labor in a bid to bolster the country’s employment...