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Foreigners Turn Net Sellers of Korean Stocks in Sept. amid Global Tightening

Foreigners Turn Net Sellers of Korean Stocks in Sept. amid Global Tightening

SEOUL, Oct. 13 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in September on concerns over aggressive monetary tightening in major economies, central bank data showed Thursday. Foreigners’ stock investment funds logged a net outflow of US$1.65 billion in September, compared with a $3.02 billion net inflow the previous month, according [...]

Chinese Warship Activity in S. Korea’s Jurisdictional Waters Rises

Chinese Warship Activity in S. Korea’s Jurisdictional Waters Rises

SEOUL, Oct. 12 (Korea Bizwire) – The number of Chinese warships spotted operating in waters under South Korea’s jurisdiction rose to some 260 last year, up from around 220 in the previous year, a ruling party lawmaker said Wednesday. Rep. Lim Byung-heon of the People Power Party (PPP) cited data from the Defense Intelligence Agency [...]

Hyundai Tops Global Hydrogen Car Sales from Jan.-Aug.

Hyundai Tops Global Hydrogen Car Sales from Jan.-Aug.

SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s Hyundai Motor Co. beat its Japanese rivals to top global hydrogen vehicle sales during the January-August period, a market research firm said Tuesday. Hyundai Motor sold 7,410 hydrogen fuel-cell electric vehicles (FCEVs) in global markets in the eight-month period, jumping 26 percent from 5,873 units sold during [...]

Chinese Account for 62 pct of Apartment Purchases by Foreigners Since 2015

Chinese Account for 62 pct of Apartment Purchases by Foreigners Since 2015

SEOUL, Oct. 10 (Korea Bizwire) — Chinese nationals accounted for over 60 percent of apartment purchases by foreign nationals in South Korea since 2015, a government report showed Monday. According to the land ministry report submitted to Rep. Yang Kyung-sook of the main opposition Democratic Party, the number of apartment purchase deals of Chinese nationals [...]

No. of S. Koreans Abducted, Detained or Missing Overseas in 5 yrs Reaches 2,762

No. of S. Koreans Abducted, Detained or Missing Overseas in 5 yrs Reaches 2,762

SEOUL, Oct. 10 (Korea Bizwire) — The number of South Korean citizens who have been kidnapped, detained or missing overseas in the recent five years has come to 2,762, an opposition lawmaker said Monday, citing data from the foreign ministry. Rep. Lee Jae-jung of the main opposition Democratic Party said that the number of South [...]

1 in 4 Thoracic Surgery Residents Withdraw from Training: Data

1 in 4 Thoracic Surgery Residents Withdraw from Training: Data

SEOUL, Oct. 10 (Korea Bizwire) — Close to 25 percent of interns and residents who begin thoracic surgery residency programs fail to complete them, indicating a severe shortage of qualified professionals in essential medical departments, data showed Sunday. The proportion of thoracic surgery residents who leave residencies stood at 24.1 percent as of July, and [...]

16 Regions in S. Korea Lack Pediatrics and Gynecology Clinics: Data

16 Regions in S. Korea Lack Pediatrics and Gynecology Clinics: Data

SEOUL, Oct. 7 (Korea Bizwire) — As pediatrics and gynecology clinics continue to shut down, certain regions are struggling with the lack of pediatricians and gynecologists, government data showed Thursday. Rep. Song Seog-jun of the People Power Party referred to a report from the Ministry of Health and Welfare, which showed that 16 regions in [...]

Exports of Agro-fisheries Products Hit Record High Through Sept.

Exports of Agro-fisheries Products Hit Record High Through Sept.

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s exports of farm and fisheries products grew 11.4 percent on-year for the first nine months of this year on solid overseas demand for Korean food, data showed Friday. Outbound shipments of agricultural and fisheries goods came to US$9.11 billion in the January-September period, representing the largest-ever tally [...]