All posts tagged "Koreatimes"

  • Tourists pass by a currency exchange signboard in the shopping district of Myeong-dong, downtown Seoul, Sunday. (Yonhap)
    Yen’s climb bodes well for S. Korean exporters

    SEOUL (Yonhap) — South Korean exporters, led by automakers and steelmakers, are widely projected to expand their presence in overseas markets as the Japanese yen continues to climb against major currencies, industry sources said Thursday. The won-yen...

    • Posted February 11, 2016
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  • (Korea Times file)
    S. Korea’s gold turnover hits record high

    SEOUL (Yonhap) — South Korea’s gold turnover reached an all-time high on Thursday as investors flocked to safer assets amid lingering global economic uncertainties the local bourse operator said. A total of 46,448 grams of gold bullion...

    • Posted February 11, 2016
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  • Trader Gregory Rowe works on the floor of the New York Stock Exchange, Wednesday, Jan. 6, 2016. Stocks are opening lower as investors fret about signs of belligerence in North Korea and more weakening of China's economy. (AP Photo/Richard Drew)
    US stocks fall for fourth straight day

    (AP) — U.S. stocks fell for the fourth day in a row as concerns about global economic weakness intensified, even as Federal Reserve Chair Janet Yellen reiterated her confidence in the U.S. economy. Financial stocks fell hardest...

    • Posted February 11, 2016
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  • (Source: The Korea Economic Daily)
    Shutdown takes major toll on firms in Kaeseong

    By Park Si-soo The shutdown of the inter-Korean Kaeseong Industrial Complex in North Korea will take a huge toll on 124 South Korean companies that had operations there despite compensation and aid packages promised by the government....

    • Posted February 11, 2016
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  • George Clooney (AP)
    George Clooney hopes to meet Merkel to discuss refugees

    BERLIN (AP) — Actor George Clooney says he plans to meet German Chancellor Angela Merkel to discuss the situation in Syria, which has contributed to the surge in refugees coming to Europe over the past year. Clooney...

    • Posted February 11, 2016
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  • Jun, right, and Psy ( Yonhap)
    ‘Little Psy’ dies of brain tumor

    By The Korea Times Seoul staff Korean Chinese star child Jun Min-woo, known for his tribute performances of K-pop singer Psy’s global hit “Gangnam Style,” died of brain cancer during the Lunar New Year holiday at age...

    • Posted February 11, 2016
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  • South Korean cargo trucks wait to head to the North Korean city of Kaesong as a South Korean Army patrols at the customs, immigration and quarantine office near the border village of Panmunjom in Paju, South Korea, Thursday, Feb. 11, 2016. South Korea said Wednesday that it will shut down a joint industrial park with North Korea in response to its recent rocket launch, accusing the North of using hard currency from the park to develop its nuclear and missile programs. (AP Photo/Ahn Young-joon)
    N. Korea orders military takeover of inter-Korean factories

    PAJU, South Korea (AP) — North Korea on Thursday ordered a military takeover of a factory park that had been the last major symbol of cooperation with South Korea, calling Seoul’s earlier suspension of operations at the...

    • Posted February 11, 2016
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