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Monday, October 23, 2017

Insight

Kim Ji-hyung, chairperson of the Public Debate Commission about Shin Kori Nuclear Power Plant Units 5 and 6, announced a recommendation for the government on October 20.
Right Way Chosen
20 October 2017 - 3:00pm
The Public Debate Commission about Shin Kori Nuclear Power Plant Units 5 and 6 virtually arrived at a conclusion that they will recommend resuming the construction of the Shin Kori Nuclear Power...
Seoul District Court has ruled that the controversial merger of Samsung's two affiliated companies – Samsung C&T and Cheil Industries – in 2015 is valid.
Any Impact on Lee’s Imprisonment?
20 October 2017 - 10:00am
As a Seoul District Court has ruled that the controversial merger of Samsung's two affiliated companies – Samsung C&T and Cheil Industries – in 2015 is valid, the appeal for Samsung Electronics...
Correction Order to Qualcomm
19 October 2017 - 7:30pm
It was found that Korea’s Fair Trade Commission (FTC)’s order to amend Qualcomm’s unfair contracts with Korean handset makers was virtually invalid. According to data from Jeon Hae-cheol, a lawmaker...
Russia expressed its will to proceed with the Rajin-Khasan Project in spite of economic sanctions on North Korea.
Amid Sanctions on N. Korea
19 October 2017 - 11:00am
Radio Free Asia reported on October 18 (local time) that Russia expressed its will to proceed with the Rajin-Khasan Project in spite of economic sanctions on North Korea. The project is to use the...
Bullish Global Market Pushes up Korea’s ELS Issuance by 15%
ELS Issuance
18 October 2017 - 12:30pm
According to the Korea Securities Depository (KSD) on October 17, South Korea's issuance of equity-linked securities (ELS) stood at 18.12 trillion won (US$16.03 billion) in the third quarter this...
More than 60 percent of the market capitalization of companies listed on the Seoul bourse were taken up by the listed units of the nation’s top four business groups such as Samsung, Hyundai motors, SK and LG.
Led by Top 4
16 October 2017 - 3:30pm
The market capitalization of companies listed on the South Korean stock market increased by more than 300 trillion won (US$266.15 billion) this year. However, over 60 percent of them were taken up by...
Low FDI-to-GDP Ratio
16 October 2017 - 10:45am
The Korea Economic Research Institute announced on October 15 that South Korea’s ratio of foreign direct investment (FDI) to gross domestic product (GDP) ranked 152nd out of 237 countries around the...
The growth rate of South Korea’s household, government and corporate (excluding financial sector) debt-to-gross domestic product (GDP) ratio surpassed 230 percent over the past decade.
Debt-to-GDP Ratio
13 October 2017 - 4:45pm
South Korea’s household, government and corporate (excluding financial sector) debt-to-gross domestic product (GDP) ratio dramatically grew over the past decade to surpass 230 percent. According to a...
Michael Shellenberger, one of notable environmentalists who were formerly anti-nuclear activists, holds a press conference at the Korea Chamber of Commerce and Industry building in Seoul on October 12
Notable Environmentalist’s Concerns
13 October 2017 - 12:45pm
Michael Shellenberger, a prominent environmentalist who has stressed the safety, economical efficiency and excellence of South Korea’s nuclear energy technology, said on October 12, “Kenya and...
Lotte Corporation was officially inaugurated as the holding company of Lotte Group on October 12.
Lotte Corporation Launched
12 October 2017 - 10:00pm
October 2, Shin Dong-bin, chairman of Lotte Group, is going to his new office in Lotte World Tower in Jamsil, Songpa-gu, Seoul in order to go to work for the first time. Lotte Corp. which merged the...
Fitch Ratings maintained Korea's national credit rating as AA- despite some risks including the geopolitical risk associated with North Korea.
Due to Strong Macroeconomy
12 October 2017 - 9:15pm
Global ratings agency Fitch Ratings maintained Korea's national credit rating as AA-. The agency also announced a stable outlook on Korea. Fitch said in a statement released on its website on...
The most popular counterfeit brand uncovered by the Korea Customs Service in the past five years was Louis Vuitton.
Popular Counterfeit
12 October 2017 - 2:00pm
The most popular counterfeit brand uncovered by the Korea Customs Service in the past five years was Louis Vuitton. By item, watches and bags were copied the most, valued at 3 trillion won (US$2.64...

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