Weakening Won against the Dollar 2021-10-18 An exchange rate indicates how much it costs to exchange one currency for another. Speaking of the Korean won and the U.S. dollar, when the won-dollar ... Listen
Global Craze over ‘Squid Game’ 2021-10-11 Korean drama series “Squid Game” topped daily charts on Netflix in all 83 countries where the company streams, including the U.S. ... Listen
China’s Worst Power Shortage 2021-10-04 Many Koreans who felt frustrated at stringent quarantine restrictions say it’s so refreshing to look up to a high and clear blue autumn sky. ... Listen
S. Korea Ranks 5Th in Global Innovation Index 2021-09-27 The COVID-19 pandemic has brought industrial, economic and cultural upheaval, drastically spurring changes that would otherwise occur slowly ... Listen
COVID-19 Shock Pulls down Korea’s Potential Growth Rate 2021-09-20 Koreans are celebrating the Chuseok harvest holiday for the second time in the COVID-19 pandemic. When the pandemic began early last year, people ... Listen
Regulatory Pressure on Big-Tech Companies 2021-09-13 Big-tech firms mean dominant IT companies, including Amazon, Apple and Google in the U.S. They may also refer to Korean online platform providers ... Listen
Gov’t Proposes Record-high Budget for 2022 2021-09-06 The Korean government has proposed a record-high budget of 604.4 trillion won or about 519 billion US dollars for next year, up 8.3 percent from this ... Listen
BOK Raises Key Interest Rate to 0.75% 2021-08-30 The Bank of Korea or BOK raised its benchmark interest rate to 0.75 percent on August 26 from 0.5 percent. It marks the first time in 15 months that the ... Listen
Changes in Economic Gap between S. Korea and Japan over Three Decades 2021-08-23 The Federation of Korean Industries has compared changes in the economic and competitiveness gap between South Korea and Japan since the early ... Listen
Parole for Samsung Electronics Vice Chairman Lee Jae-yong 2021-08-16 Samsung Electronics Vice Chairman Lee Jae-yong was released from prison on parole last Friday on the occasion of August 15 Liberation Day. The release ... Listen