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College Students With Part-Time Jobs to Get Unemployment Benefits

College Students With Part-Time Jobs to Get Unemployment Benefits

SEOUL, Jan. 5 (Korea Bizwire) - College students who manage studying and a part-time job at the same time will become eligible for unemployment benefits from now on when they lose their job, the government said Tuesday. The Ministry of Employment and Labor said it revised the guidelines on unemployment allowances to lower the barriers for [...]

S. Korea Downplays Impact of China Stock Rout

S. Korea Downplays Impact of China Stock Rout

SEJONG, Jan. 5 (Korea Bizwire) -South Korea downplayed the impact of China’s stock market crash on its domestic financial market on Tuesday, saying the market will regain stability again. Chinese stock tumbled nearly 7 percent Monday on the year’s first trading session due to concerns over its manufacturing sector, rattling South Korean and other financial [...]

Carmakers in S. Korea Rush to Unveil New Models to Preempt Market

Carmakers in S. Korea Rush to Unveil New Models to Preempt Market

SEOUL, Jan. 5 (Korea Bizwire) – Carmakers in South Korea are rushing to unveil their new models in an apparent bid to preempt the domestic market this year by appealing to customers with upgraded and enhanced functions and designs, industry sources said Tuesday. Hyundai Motor Co., the country’s largest automaker, plans to launch the Ioniq [...]