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Sunday, May, 31, 2026

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ECONOMY

  • Ministry backs power equipment exports amid AI boom

    The South Korean government has rolled out an aggressive support framework aimed at boosting the global competitiveness of the domestic power equipment industry, which has been capturing unprecedented export milestones. Backed by expanding artificial intelligence (AI) data center infrastructure investments and a sweeping replacement cycle for aging power gri..

  • KOSPI hits record high, eyes 5,000

  • South Korea’s benchmark KOSPI climbed to a fresh all-time high on Monday, fueled by strong gains in heavyweight semiconductor stocks, with brokerages sugge..
  • KOSPI hits record high as year begins

  • South Korea’s benchmark stock index surged to an all-time high on the first trading day of the new year, raising questions over whether the so-called “Janu..
  • KOSPI posts world’s best annual return

  • South Korea’s stock market posted a strong rebound this year, recording the highest annual gain among major economies. The benchmark KOSPI closed the year..
  • U.S. index ETFs dominate Korean market inflows

  • Despite South Korea’s exchange-traded fund (ETF) market surpassing 300 trillion won in assets, retail investors have overwhelmingly concentrated their mone..
  • Think tanks see Seoul home prices rising

  • Major South Korean real estate research institutes are forecasting further gains in Seoul and metropolitan-area home prices next year, citing rising liquid..
  • Fuel tax cut extended to February

  • The government has decided to extend fuel tax cuts through February next year and prolong temporary tax relief on automobile purchases for an additional si..
  • FSS chief warns of business suspension over overseas stock misconduct

  • Lee Chan-jin, governor of South Korea’s Financial Supervisory Service (FSS), warned on December 18 that authorities could suspend securities firms’ oversea..
  • FX authorities extend $65bn swap with NPS

  • South Korea’s foreign exchange authorities have agreed to extend a foreign exchange swap arrangement with the National Pension Service (NPS) through the en..
  • Tech leak indictments surge as prosecution overhaul nears

  • The People Power Party (PPP) and the New Reform Party are showing rare coordination over the introduction of a special prosecutor to investigate alleged po..
  • Korea export prices jump 3.7% on FX

  • South Korea’s export and import prices continued to climb in November, largely driven by a higher won-dollar exchange rate, the central bank said on Decemb..
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"Hallyu ban to be removed quickly": Hopes of thaw in Seoul-Beijing ties

· "Efforts will be made to remove Hallyu ban quickly"
· SK Group Chairman heads to Japan to soften "WD risk"

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