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Monday, Mar, 2, 2026

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ECONOMY

  • AI rally lifts Kospi past 6000 milestone

    South Korea’s benchmark Kospi index closed above the 6,000 mark for the first time on Feb. 25, signaling not just a record high but a broad revaluation of industries propelled by the artificial intelligence transformation.At the center of the rally are semiconductor giants Samsung Electronics and SK hynix, which together account for roughly 40 percent of the..

  • Lee’s ‘bad bank’ plan secures ₩400 billion in funding

  • President Lee Jae-myung’s signature campaign pledge to launch a “bad bank” for distressed debt relief is now moving into action. Backed by the recently app..
  • Retail investors pour record margin loans into Samsung shares amid stock rally

  • With South Korea’s stock market riding high on optimism surrounding the new administration, margin loans—often referred to as "debt investment" or bit-too..
  • Holding company stocks surge on corporate law reform momentum

  • As corporate law revisions—touted by President Lee Jae-myung as key to achieving the “KOSPI 5000 era”—gain momentum, the Korean stock market is rallying in..
  • Production and investment decline; government to push swift second supplementary budget

  • South Korea’s industrial production and investment weakened further in May amid sluggish domestic demand, despite the rollout of the first supplementary bu..
  • Market surges under new administration, but bubble concerns grow

  • South Korea’s stock market has soared in the three weeks since President Lee Jae-myung took office, with the KOSPI’s total market capitalization increasing..
  • Government eyes new housing curbs amid Seoul price surge

  • The South Korean government is set to unveil a comprehensive real estate stabilization plan in early July, with measures likely to include expanded regulat..
  • Consumer sentiment rises for third straight month amid new government optimism

  • Consumer sentiment in South Korea climbed for a third consecutive month in June, buoyed by growing expectations for the newly launched Lee Jae-myung admini..
  • KOSPI closes above 3,000 for first time in 3.5 years, signaling return to ‘3,000 era’

  • South Korea’s benchmark KOSPI index surged past the symbolic 3,000-point threshold on June 20, closing at its highest level since December 28, 2021, when i..
  • Gov't to curb housing market overheating and household loans with tighter bank regulations

  • The Lee Jae-myung administration is considering imposing new banking regulations that would require financial institutions to set aside additional capital..
  • President Lee to finalize second supplementary budget on June 19 to boost livelihoods

  • President Lee Jae-myung will confirm the 2025 second supplementary budget (extra budget) during a Cabinet meeting on June 19, shortly after returning from..
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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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