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Boosting female workforce is solution to aging society problems: IMF chiefEconomySept 7, 2017‘Closing gender gap in labor market could become economic game-changer in Asia’ -
White House denies Trump’s claim of KORUS FTA withdrawalEconomySept 7, 2017Washington appears to be retracting US President Donald Trump’s claims that the US is looking to terminate the Korea-US Free Trade Agreement, said a report by Inside US Trade on Thursday. According... -
Sweeping changes expected in state-run bank leadershipMarketsSept 7, 2017South Korea’s top state-run financial bodies are expecting leadership changes, with candidates -- who worked for the former Roh Moo-hyun administration -- awaiting presidential approval. The Financi... -
People paying maximum healthcare premiums rise steadily in past years: dataEconomySept 7, 2017The number of salaried people paying the maximum amount of national health insurance premiums has risen gradually over the past few years amid a steady increase in high income earners, government dat... -
Chuseok holiday to have mixed effect on S. Korean economy: expertsEconomySept 7, 2017The 10-day holiday starting late September will likely have mixed effects on South Korea's economy struggling to cope with trade sanctions imposed by China over a missile row, growing protectionism f... -
Money deposited in overseas accounts up in 2017: tax officeMarketsSept 7, 2017The total amount of money that South Koreans deposited in overseas financial accounts increased in 2017 from a year ago as the authorities push forward efforts to identify hidden assets abroad, the t... -
US not planning to withdraw from S. Korea trade deal for now: reportEconomySept 7, 2017The United States does not plan to withdraw from its free trade agreement with South Korea for now, a report quoted sources as saying Wednesday. According to Inside US Trade, the White House assured... -
![[News Focus] Labor-friendly government boosts confidence of financial unions](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/09/06/20170906001108_0.jpg)
[News Focus] Labor-friendly government boosts confidence of financial unionsMarketsSept 6, 2017Unions of FSS, banks raise voices over leadership appointments -
Korea’s fiscal soundness on shaky groundEconomySept 6, 2017Doubts are rising over the government’s assertion that the country’s fiscal soundness can be maintained even if public spending increases at a faster pace than economic growth during President Moon J... -
Korean banks’ overseas performance jumps nearly 50%, boosted by interest revenueMarketsSept 6, 2017South Korean banks saw a nearly 50 percent increase on-year in net profit from offshore banking units in the first half of this year on surge in interest revenue, while the reliance on the overseas b... -
![[Monitor] Income gap between single-, doouble-income households narrows](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/09/06/20170906001054_0.jpg)
[Monitor] Income gap between single-, doouble-income households narrowsEconomySept 6, 2017The income gap between single-income and double-income households for the second quarter this year decreased to the narrowest level since the fourth quarter of 2015, data from Statistics Korea showed... -
Financial firms expanding Korean athletes sponsorships ahead of PyeongChang OlympicsMarketsSept 6, 2017South Korean financial firms are expanding sponsorship for athletes competing in the upcoming 2018 PyeongChang Winter Olympics, industry sources said Wednesday, as they seek to improve their brand im... -
Tax-to-GDP ratio needs to top 35% by 2060 to meet growing welfare programs: reportEconomySept 6, 2017South Korea's tax-to-GDP ratio needs to surpass the 35 percent mark by 2060 to meet the government's social welfare-related spending plan, a local think tank said Wednesday. The report by the Korea ... -
Seoul shares down for 5th day on US losses, geopolitical tensionMarketsSept 6, 2017South Korean stocks closed lower Wednesday as a decline in US stocks, coupled with concerns over North Korean provocations, continued to sour investor sentiment, analysts said. The Korean won fell ag... -
ILO chief urges ‘quick’ resolution on outlawed teachers and civil servants unionsEconomySept 6, 2017The chief of the International Labor Organization said Wednesday that there is a need to "quickly" address the legal status of South Korea's outlawed teachers and public servants unions, urging the g...
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