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Auto Exports Jump 35 pct in September on Popularity of Eco-friendly Cars

Auto Exports Jump 35 pct in September on Popularity of Eco-friendly Cars

SEOUL, Oct. 14 (Korea Bizwire) — South Korea’s car exports jumped 34.7 percent on-year in September on brisk demand for eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles came to US$4.79 billion last month, the largest ever for any September, according to the data from the Ministry of Trade, Industry and [...]

Population of Common Biological Species Plummets in S. Korea

Population of Common Biological Species Plummets in S. Korea

SEOUL, Oct. 14 (Korea Bizwire) — Recent scientific reports have described a sharp decline in global vertebrate populations, and South Korea does not appear to be immune to the decline in the diversity of species. According to Choi Chang-yong, a forestry science professor at Seoul National University, the population of swallows plunged from 2,289 per [...]

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 [...]