Today's Economy

September Exports Surpass $120 Billion Mark... Semiconductors Hit Record High of $60.3 Billion September exports grew 83.5% year-on-year... Total and daily average exports hit record highs despite fewer working days... Semiconductors surged 262% due to rising memory fixed prices... China increased by 22%, and ASEAN surpassed $20 billion for the first time... "Expecting to achieve $1 trillion annually... Responding to trade variables" Nuclear Power Exported Back to the US for the First Time in Half a Century... Westinghouse Director Nomination Fails... Korea-US 'Investment in US' Project Officially Announced... Decided to Build 8 Nuclear Reactors, Including 2 Korean-Type... Negotiating 5-10% Stake in Westinghouse... Difficulty Representing Korea's Position Due to Failure to Appoint Director Beverage and Snack Prices to Rise from the First Day of October... Food Industry Faces Price Hike 'Domino Effect'... Woongjin Foods and Haitai Confectionery to Increase Prices of Beverages and Snacks... Possibility of Further Adjustments Due to Accumulated Burden of Rising Raw Material and Oil Prices Withholding Tax for Multi-Jobbers and Freelancers Reduced from 3.3% to 2.2%... Incentive Requirements Also Eased... Withholding Tax for Income of 3.8 Million Won per Month Reduced from 1.35 Million to 900,000 Won... Business Registration Deadline to be Extended from 'Year-End' to 'Incentive Determination Date'... 820,000 People to Receive 163.5 Billion Won in Refunds Without Fees