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Thursday, Nov, 20, 2025

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ECONOMY

  • Bank deposit rates rebound to the 3 percent range

    With major banks raising savings and deposit rates this month, the top interest rates on key time-deposit products have climbed back into the 3 percent range. The move reflects rising market rates and intensifying competition for funds as banks brace for a wave of deposit and savings maturities toward year-end, while expectations for a Bank of Korea rate cut..

  • Yoon pledges economic recovery in New Year’s address

  • By AsiaToday reporter Park Ji-eunPresident Yoon Suk-yeol has laid out his plans for the year 2024, pledging to join in the field and listen to people’s voi..
  • Semiconductor market will rise in 2024, experts say

  • By AsiaToday reporter Park Ji-eunExperts say that the manufacturing industry, led by semiconductors, is expected to grow sharply in January, accelerating t..
  • Gov’t to supply 80,000 homes to 5 new sites

  • AsiaToday reporter Jeon Won-joonThe government will supply 80,000 new homes in five new sites nationwide, including Guri, Yongin, Osan in Gyeonggi Province..
  • KOSPI regains 2,500 following short selling ban

  • AsiaToday reporter Son Kang-hoon Korean stocks soared after the country reimposed a complete ban on short-selling. The KOSPI rose above the 2,500 mark..
  • S. Korea to supply 55,000 more public homes

  • AsiaToday reporter Chun Won-joonThe government said it will provide an additional 55,000 public housing units, including 30,000 units in the third new town..
  • S. Korea to invest 2.2 tln won to form industrial clusters

  • AsiaToday reporter Lee Ji-hoonThe government plans to invest 2.2 trillion won (US$1.65 billion) over the next five years to establish advanced industrial a..
  • S. Korea’s economy stuck by political strike

  • AsiaToday reporters Choi Won-young, Kang Tae-yoon, and Lee Sun-youngThe production line of South Korea’s automotive and shipbuilding industries, the most l..
  • S. Korea to build ‘compact city’ in Pyongtaek, Jinju

  • AsiaToday reporter Chun Lee Wook-jae New public housing sites for 39,000 households will be built in two locations nationwide, including Pyeongtaek, G..
  • Housing market in Seoul capital area revives

  • AsiaToday reporter Lee Ji-hoon The apartment sales trading market in Seoul and its surrounding areas is heating up. The volume of apartment sales righ..
  • Economy likely to rebound soon: KDI

  • AsiaToday reporter Lee Ji-hoon The economy is likely to rebound soon, a state-run think tank said Sunday, as there are increasing indicators suggestin..
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people

“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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Moon Ga-young shines at Radiesse pop-up studio opening event

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