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Saturday, May, 23, 2026

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ECONOMY

  • Bitcoin flatlines at $77K after 5% weekly drop: What's driving the stagnation?

    Bitcoin has declined by nearly 5% over the past week, continuing to trade within a tight box pattern in the $77,000 range. The lackluster performance is largely attributed to a massive wave of capital outflows from U.S. spot Bitcoin ETFs, which has significantly dampened institutional investor sentiment. Market experts forecast that this sideways consolidati..

  • Korean government moves to extend FX swap with pension fund

  • The government has begun discussions to extend the foreign-exchange swap agreement between the foreign-exchange authorities and the National Pension Servic..
  • Korea posts record-high $61B exports in November

  • South Korea’s exports reached $61.04 billion in November, marking the highest November figure on record, the government said Monday. With six consecutive m..
  • Semiconductors lift Korea’s outlook to 1.8%

  • The Bank of Korea (BOK) on Thursday revised up next year’s real GDP growth forecast to 1.8%, citing a rebound in consumer sentiment, strengthening semicond..
  • Upbit suffers ₩44.5 billion hack, halts transactions

  • Upbit, South Korea’s leading cryptocurrency exchange, suffered a hacking incident worth 44.5 billion won ($32 million) early Thursday, prompting an immedia..
  • Business sentiment hits 13-month high in November

  • South Korean businesses reported their strongest sentiment in 13 months in November, supported by a sustained semiconductor super-cycle and recovering cons..
  • Consumer sentiment hits 8-year high in November

  • South Korea’s consumer sentiment index reached its highest level in eight years in November, boosted by the conclusion of U.S.–Korea tariff negotiations an..
  • Producer prices keep rising on goods and services

  • Korea’s producer price index (PPI) extended its upward trend in October, as higher prices for manufactured goods such as computers, electronics and primary..
  • 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 ran..
  • Mortgage rates climb back to 6%

  • South Korea’s major banks have raised mortgage rates back into the 6% range for the first time in two years, signaling a tightening lending environment as..
  • KDI raises 2026 growth outlook to 1.8% amid easing domestic slump

  • South Korea’s economic growth outlook for 2026 is brightening, with major state and financial research institutes projecting growth close to the 2% range,..
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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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