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Pyeongchang Olympic Village construction completed on Friday and prepares to welcome athletes

Pyeongchang Olympic Village construction completed on Friday and prepares to welcome athletes

Pyeongchang is getting ready to welcome competitors and spectators from around the world The organizers are putting the final touches on various key facilities, including the Olympic Village, where athletes will stay. Lee Ji-won files this report from the host city. As one of the last venues to be completed for the upcoming Winter Games, …

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S. Korean stocks tumble on N. Korean missile launch, Seoul to closely monitor market

S. Korean stocks tumble on N. Korean missile launch, Seoul to closely monitor market

South Korean stocks closed lower today after Pyongyang’s provocation. The benchmark KOSPI plunged more than 1 percent in the morning to 23-32,… but recovered those losses in the afternoon to close at just under 23-65, down about a quarter percent for the day. Tech-heavy KOSDAQ gained one-point,… to finish at just under 6-hundred-54. The Korean …

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Korea’s exports continue to tumble in February

Korea’s exports continue to tumble in February

Korea’s outbound shipments continue to suffer from huge losses. According to the Korea Customs Service, Korean exports… during the first three weeks of February… totaled 22-point-one-six billion U.S. dollars, …down over 17 percent from the previous year. In January, the nation’s exports dropped nearly 19 percent on-year. The margin of decrease in January for Korean …

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Tumbling oil prices continue to push down costs for producers in June

Tumbling oil prices continue to push down costs for producers in June

The cost of producing goods and services in Korea has declined for the fourth consecutive month,… as global oil prices continue to slide. Korea’s central bank says producer prices in June fell zero-point-four percent from the month before. The prices of coal and petroleum products dropped four percent on-month,… while agriculture and fisheries price fell …

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