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China attracts US$101 bn in foreign investment this year

For the first ten months of this year, China attracted and utilized 701.16 billion yuan...

Bank of China to set up wealth management subsidiary

The Bank of China (BOC) is planning to invest no more than 10 billion yuan...

Food Prices Rise Ahead of Minimum Wage Hike

Food and beverage manufacturers are raising their prices ahead of another minimum wage hike. The...

China's Top Online Travel Agency Dithers on Group Tours to Korea

China's largest online travel agency Ctrip resumed sales of group tours to Korea on Wednesday...

Unemployment Highest in 13 Years

Unemployment has soared to the highest level in 13 years while job growth has fallen...

Minimum Wage Hike 'Could Cost Half a Million Jobs'

A sharp increase in the minimum wage will cause some 470,000 jobs to be lost...

Shanghai’s foreign banks become main credit suppliers

Foreign banks in Shanghai have replaced Chinese banks to become the main force of credit...

China releases a new plan to boost AI industry

The Ministry of Industry and Information Technology issued a plan on Wednesday to promote the...

Commerce minister pledges further support to private enterprise

Private enterprises are contributing more and more to the Chinese economy, Yicai.com reported, citing Zhong...

Rice Production Hits Lowest Level in 38 Years

Rice production in Korea is at its lowest level in 38 years. Statistics Korea said...

Samsung Expected to Remain World's No. 1 Chipmaker

Samsung is set to end the year as the world's No. 1 semiconductor maker for...

Pre-Orders Brisk for Hyundai's Revamped Genesis Sedan

Hyundai received some 3,000 pre-orders for its latest G90 luxury sedan under its premium brand...

Korean Air Racks up Record Quarterly Sales Despite Scandals

Korean Air's sales hit a record in the third quarter of this year thanks to...

Gov't Sees Huge Jump in Tax Revenues

The government in the first three quarters of this year collected W26 trillion more in...

Korea to Test Space Rocket Engine

The first test flight of a homegrown space rocket engine will be conducted at the...

Auto Sector Rebounds in October

Auto manufacturers rebounded slightly last month after a prolonged slump. According to the Ministry of...