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Saturday, Aug, 29, 2026

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ECONOMY

  • Financial Supervisory Service weighs in on SK Innovation-SKIET merger

    Financial authorities have begun careful deliberation following SK Innovation's announcement of its plan to absorb its loss-making subsidiary, SK IE Technology (SKIET). Shareholders of SK Innovation, in particular, are growing concerned over potential losses driven by a decline in enterprise value due to new share issuance and the reabsorption of a deficit-r..

  • US-Iran ceasefire pushes down oil prices but construction costs to stay high for now

  • International crude oil prices are rapidly declining following the signing of a ceasefire Memorandum of Understanding (MOU) between the United States and I..
  • Gov't launches lifecycle tech project to cut fluorinated refrigerant emissions

  • To preemptively respond to international regulations restricting fluorinated greenhouse gases, the government is fully launching a comprehensive lifecycle..
  • KEF urges minimum wage restraint as Korea's rate outpaces G7 average

  • Arguments have been raised that the determination of next year's minimum wage must take into account that Korea's minimum wage level is high compared to ma..
  • The 10,000-won minimum wage burdens most small businesses

  • Amid the waves of the 'triple high'—high inflation, high interest rates, and high exchange rates—and with this year's minimum wage entering the 10,000-won..
  • S. Korea jumps 6 spots to 21st in IMD ranking

  • South Korea ranked 21st in this year’s Institute for Management Development (IMD) World Competitiveness Ranking, rising six places from last year.According..
  • [Exclusive] Harim absorbs HBC under prosecution probe, sparking row over escaping liability

  • It has been revealed that Harim absorbed and dissolved its wholly-owned subsidiary, HBC, which was under investigation by the prosecution, prior to any ind..
  • Labor board orders Hyundai Motor to negotiate with subcontracted union under new law

  • Labor authorities have ruled that Hyundai Motor must comply with the collective bargaining demands of its in-house subcontracted workers under the implemen..
  • Rising exchange rates and chip costs lift export prices for 11th month; import prices fall slightly

  • Last month, Korea's export prices continued their upward trend for the 11th consecutive month, ticking up slightly from the previous month due to a rising..
  • Why is the Bitcoin bear market dragging on for a fourth month?

  • Bitcoin has posted a modest rebound over the past week, climbing from the $63,000 range to the $65,000 level. However, compared to the all-time high of app..
  • Big 5 financial groups bet big on capital markets via securities push

  • In the first quarter of this year, the profit contribution of securities subsidiaries under the five major financial holding companies jumped to the highes..
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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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