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Thursday, Apr, 30, 2026

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ECONOMY

  • Korea sees stable oil supply despite war

    South Korea’s oil supply is expected to remain stable in May despite prolonged geopolitical tensions in the Middle East, the Ministry of Trade, Industry and Energy said on April 30, adding that it is considering extending its emergency oil swap program through July.Global oil prices have surged amid continued disruptions linked to the blockade of the Strait..

  • Lotte Card hack exposes 2.97 million users; company vows full compensation

  • Credit card issuer Lotte Card said Thursday that personal data from 2.97 million customers had been leaked in a massive hacking incident, promising to full..
  • Export, import prices rise for second month on FX, tech costs

  • Korea’s export and import prices both rose in August for the second consecutive month, driven by a weaker won and higher prices for computers and electroni..
  • Korean retail investors flock to U.S. stocks

  • Korean retail investors’ holdings of U.S. equities have hit an all-time high, underscoring strong confidence in the American market and the appeal of growt..
  • Kospi tops 3,400 at the open

  • The Kospi topped the 3,400 mark in early trade on September 15, setting another record high. In intraday moves, the benchmark climbed as high as 3,419.29,..
  • Finance minister says major shareholder tax threshold will stay at 5 billion won

  • Deputy Prime Minister and Finance Minister Koo Yoon-cheol announced on September 15 that the government will maintain the current 5 billion won threshold f..
  • KOSPI hits record high for second straight day, touches 3,340 intraday

  • South Korea’s benchmark KOSPI index climbed nearly 0.6% on Thursday, setting a new all-time high for the second consecutive day and briefly touching the 3,..
  • South Korea adds 166,000 jobs in August, but youth and manufacturing employment remain weak

  • South Korea’s job market continued to expand in August, though gains were driven largely by senior employment, while youth and manufacturing jobs saw persi..
  • Korea unveils plan to supply 1.35 million homes in Seoul area by 2030

  • The government on Sunday announced a sweeping housing supply roadmap, pledging to break ground on 1.35 million homes in the Seoul metropolitan area by 2030..
  • July current account posts $10.78bn surplus

  • The Bank of Korea said Thursday that the current account recorded a provisional surplus of $10.78 billion in July. The goods account posted a $10.27 b..
  • Korea’s debt-to-GDP ratio seen topping 150% by 2065

  • South Korea’s national debt is projected to soar past 150 percent of GDP by 2065, raising fresh alarms over fiscal sustainability amid accelerating populat..
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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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Jang Won-young shines as BVLGARI’s holiday muse

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