[THE INVESTOR] South Korea’s jobless rate in September edged up to 3.6 percent. It is the highest figure since 2005.

Oct. 12, 2016

[THE INVESTOR] KOSDAQ closed lower at 606.64, down 1.35 points(0.61%) from the previous trading day, on Oct. 11. 　

Oct. 11, 2016

[THE INVESTOR] KOSPI closed lower at 2,031.93, down 24.89 points (1.21%) from the previous trading day, on Oct. 11. 　

Oct. 11, 2016

[THE INVESTOR] South Korea will spend a total of 500 billion won (US$450 million) in the coming five years to foster the robot industry as a new growth engine, the Trade Ministry said on Oct. 11.“The robot industry has emerged as a new technology frontier that will give a fresh boost to the manufacturing sector,” Trade Minister Joo Hyung-hwan said in a meeting with businessmen in Daejeon. “The government will fully support the businesses’ investment into research and development in a bid to help

Oct. 11, 2016

[THE INVESTOR] KOSPI opened lower at 2,053.29, down 3.53 points (0.17%) from the previous trading day, on Oct. 11. 　

Oct. 11, 2016

[THE INVESTOR] KOSDAQ opened higher at 676.09, up 1.35 points(0.20%) from the previous trading day, on Oct. 11. 　

Oct. 11, 2016

[THE INVESTOR] The Finance Ministry said on Oct. 10 that the 50-year Treasury, the longest-ever dated state bonds to be floated later this week for the first time, will be sold at a rate of 1.574 percent.The rate was 4 basis points higher than the 1.534 percent for the benchmark 10-year Treasurys, the average of three previous trading sessions according to the ministry.The first-ever sales of Treasurys with a maturity of 50 years worth 1.1 trillion (US$990 million) will take place on Oct. 11, so

Oct. 10, 2016

[THE INVESTOR] A group of South Korean scientists has developed new battery material that could bring significant changes to mobile devices and electronic cars, the Science Ministry said on Oct. 10.The team led by Kang Jeong-ku of the Korea Advanced Institute of Science and Technology discovered a hybrid type of battery that can charge up to 100 times faster than lithium-ion batteries, the ministry said. Lithium-ion batteries have so far governed the global rechargeable battery market due to the

Oct. 10, 2016

[THE INVESTOR] Daewoo Shipbuilding & Marine Engineering, a major shipbuilder in South Korea, said on Oct. 10 its restructuring scheme is going smoothly, with its three offshore facilities to be delivered on time.“We expect our business result to remain in positive terrain going forward as our restructuring plan is being implemented as promised, and ships and offshore facilities will be delivered as scheduled,” the shipbuilder said in a statement.In the first half of the year, DSME suffered a net

Oct. 10, 2016

[THE INVESTOR]  Korea Electric Power Corp.’s ratio of operating profit to sales hovered above Samsung Electronics in the first half of 2016, an opposition lawmaker said on Oct. 10.According to the data compiled by Rep. You Dong-soo of the Minjoo Party of Korea, KEPCO’s ratio of operating profits to sales in the January-June period came to 37.48 percent, hovering far above 24 percent posted by Samsung and 9 percent posted by US tech giant Apple.Industry watchers said KEPCO’s strong profit is attr

Oct. 10, 2016

[THE INVESTOR] KOSPI closed higher at 2,056.82, up 3.02 points (0.15%) from the previous trading day, on Oct. 10. 　

Oct. 10, 2016

[THE INVESTOR] KOSDAQ closed lower at 674.74, down 1.16 points(0.17%) from the previous trading day, on Oct. 10. 　

Oct. 10, 2016

[THE INVESTOR] KOSDAQ opened higher at 676.02, up 0.12 points(0.02%) from the previous trading day, on Oct. 10. 　

Oct. 10, 2016