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Saturday, Aug, 15, 2026

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ECONOMY

  • July import prices fall 1.0%, second straight monthly decline

    South Korea's import prices fell for a second straight month in July, as both the won-dollar exchange rate and global oil prices declined together. Export prices, meanwhile, turned upward after one month of decline, driven largely by rising semiconductor prices, and the terms of trade — a gauge of Korea's external purchasing power — improved sharply. Accord..

  • May employment drops by 40,000, manufacturing and youth hit hardest

  • Last month, the number of employed people declined for the first time in 17 months. Analysts attribute the drop largely to a sharp reduction in manufacturi..
  • [Behind the Scenes] Jeonse loans blamed for home price spikes: Will banks start tracking government cues?

  • "The expansion of jeonse loans was a primary driver behind rising housing prices."With this single remark from President Lee, all eyes within and outside t..
  • Deputy PM says recovery continues, summit diplomacy to create growth engines

  • Koo Yun-cheol, South Korea’s Deputy Prime Minister and Minister of Economy and Finance, said that the Korean economy continues to show a solid recovery des..
  • Gov’t launches probe into soaring exchange rate

  • The Bank of Korea and the Financial Supervisory Service have launched a joint inspection of major foreign-exchange banks to determine whether recent sharp..
  • Gov’t to expand housing, finance support for youth marriage

  • The South Korean government plans to revise policies that reduce benefits after marriage in an effort to ease the financial burden on young couples. The go..
  • Banks stress ESG while cutting ‘environment, education, culture’ focus

  • Banking sector social contribution spending surpassed 2 trillion won for the first time, continuing its overall expansion. However, contributions to the en..
  • KOSPI and KOSDAQ surge together, triggering multiple sidecars

  • The KOSPI and KOSDAQ markets jumped sharply in early trading on Monday, triggering temporary suspension of program buying orders (sidecar mechanisms) in bo..
  • 80% of small businesses go digital, but 83% remain basic

  • Eight in 10 South Korean small business owners are using digital technologies, highlighting how tools such as kiosks, delivery apps and digital document sy..
  • Lee to overhaul housing policy in the second half of this year

  • President Lee marked his first anniversary in office by reaffirming his commitment to real estate tax reform, outlining the framework for housing policy in..
  • Goldman Sachs drops forecasts for Fed rate cuts this year

  • The US investment bank Goldman Sachs expects that the Federal Reserve (Fed) will not cut its benchmark interest rate this year, citing reasons such as the..
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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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