8 out of 10 Chinese consumers see THAAD row had negative impact on Korean goods: KITA

줒국 소비자 10명줒 8명 “사딜갈딱, 한국제품 이미지얐 부정적” With Seoul and Beijing agreeing to put the dispute stemming from THAAD deployment behind a few weeks ago, it seemed like the worst has passsed. Partial lifting of Ban on group tours to South Korea further raised hopes of rapid return to normalcy. But a recent survey suggests the row had quite a deep impact… and it could take longer than anticipated to win back Chinese consumers. Oh Jung-hee breaks down the discouraging digits for us. The row between Korea and China over Seoul’s THAAD deployment… seems to have negatively affected the image of Korean products in China. According to a survey by the Korea International Trade Association,… over 83-percent of the respondents who knew about THAAD

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Korea’s biggest shopping festival underway

국내 최대 쇼핒 관괒 축제 ‘코리아세일페스타’ 개막 If you haven’t heard,… the biggest shopping event of the year has landed in Korea to great fanfare. And this time,… shoppers can scour through the best deals at some 350 retailers and traditional markets,… including the industry’s big names. Park Hee-jun with more. The ‘2017 Korea Sale Festa,’ the first global shopping tourism festival in Korea, began on Thursday. The local version of ‘Black Friday’, it offers clearance sales and promotions for products ranging from clothes and cosmetics to IT devices and cars. Major department stores, supermarkets, and traditional markets have all joined to provide special opportunities for customers — from home and abroad. (English) “A lot of shops here offer fre

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S. Korea, Switzerland agree to sign currency swap deal

한-스위스 통화스와프 맺는다 South Korea and Switzerland agreed on a three-year bilateral currency swap deal. The Bank of Korea announced its governor Lee Ju-yeol, will sign an agreement with his counterpart from the Swiss National Bank in Zurich on February 20th. This will allow the two central banks to purchase and repurchase up to 10-point-6 billion U.S. dollars’ worth of Korean won and Swiss francs. Pundits say the deal is expected to enhance financial market stability in the nation by boosting Korea’s liquidity in the event of an economic crisis. Arirang News Facebook: ———————————————————— [Subscribe Arirang Official YouTube] ARIRANG TV: ARIRANG RADIO: http://

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S. Korea starts real-name trading system for cryptocurrencies

오늘부터 암호화폐 거래실명제 실시 Starting today, anyone who wants to use an exchange to trade cryptocurrencies in South Korea… will have to use a bank account with their own name on it… and make deposits and withdrawals directly with the exchange. Before, investors would send money to so-called virtual bank accounts generated for the exchanges. The government is trying to prevent virtual currency from being used for illegal activities like money laundering and tax evasion. Lee Jeong-yeon explains. Some 3-million cryptocurrency users in South Korea will now have to register their real names to make further transactions. Up until now, currency exchanges issued anonymous virtual accounts for users to deposit and withdraw money, but starting January 30th, cryptocu

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‘Adulkids’ in Korea adopting adults’ beauty practices

ì-´ë¥¸ 닮아가는 아이딤…’ì-´ëœí‚¤ì¦ˆ’ 뷰티 인기 Kidult refers to adults who continue to maintain their love and interest in items that were designed to appeal to a younger demographic. A new, opposite term is on the rise in Korea. ‘Adulkids.’ Chidren that wear make-up and adopt traditionally grown-up practices. Park Hee-jun zooms in on this unique phenomenon. Young girls applying make-up, getting their nails done, and enjoying a foot spa. These are the scenes that are becoming increasingly common in Korea. Referred to as the ‘adulkids’ trend,… young children are imitating adults by adopting their beauty and lifestyle practices. (standup) ed: Mark “The cosmetics sector best reflects this growing trend. Here, at a chain cosmetics store in Gangnam,… there’

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Korea’s e-commerce giant Cafe24 helping local firms expand business overseas

해외로 뻖는 한국 온라인 쇼핒몰, 줒기부 올해 목풜얐 힘입ì-´ Stretching further into the global market,… that’s one of the goals set by the Moon administration,… as they hope to see more of Korea’s small and mid-sized firms doing business overseas. And now, we take a look at a local firm doing just that,… helping other companies expand their business horizons beyond Korea… through the company’s e-commerce platform. Shin Se-min reports. It was part of the South Korean government’s plan for the brand new year that they support small and mid-sized firms and start-ups to encourage them to go global. The Ministry of SMEs and Startups announced this week that it’s adding more than 165 million U.S. dollars into its annual budget to back small firms that plan

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Women’s usage rate of single household services on steep rise

택배•보안•보관…1인 얬성가구 맞춤 서비스 ‘봇물’ Services designed for those living in solitude are gaining greater popularity by the year. Most of the loyal customers are female,… and it turns out there are decisive reasons why this is so. Cho Sung-min looks into the trend. The number of people living alone in Korea has been rapidly increasing, with more than 5.4 million single-person households registered as of 2016. With this demographic group expected to continue growing, many topics regarding solo living are gaining public attention, and in particular, concerns over personal safety. (KOREAN) “I feel hesitant to answer the door when I am not expecting anyone. I am curious who it might be, but I still can’t open the door without keeping my guard up

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Explosion injures at least 10 at St. Petersburg supermarket

러 상트페테르부르크 슈퍼마켔서 사제폭탄 폭발 Now for a look at stories making headlines around the world and we start with an explosion in Russia. The blast at a supermarket in St. Petersburg has reportedly injured at least ten people. For more let’s turn to our Ro Aram… Aram… run us through what happened? Well Semin… Russia authorities say Wednesday’s explosion was caused by an improvised device containing the equivalent of 200 grams of TNT. It was said to have been inside a locker at a storage area meant for customers’ bags and was rigged with shrapnel to cause more damage. Russia’s Investigative Committee said the ten people taken to hospital were not seriously injured. It’s not yet clear if the suspected attack was terror related. A criminal pro

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North Korea suspected of hacking into South Korea’s cryptocurrency exchanges

국정원 ‘가상화폐거래소 해킹 북한 소í-‰’ 의심 증거 확보 South Korea’s intelligence agency says it has evidence showing North Korea was behind two hack attacks on the country’s cryptocurrency exchanges earlier this year. The National Intelligence Service said North Korea is suspected of stealing the personal information of some 30-thousand people registered with Bithumb in June… and robbing virtual money from Coinis in September. It says malicious code used by the North Korean group behind the 2014 Sony Pictures hack… was discovered in both cases. The evidence have been provided to prosecutors for further investigation. Arirang News Facebook: ———————————————————— [Subscribe Arirang Offi

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