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Sunday, Nov, 8, 2026

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ECONOMY

  • KOSPI skids 6% after circuit breaker, clinging to 5,000 level

    South Korea's benchmark KOSPI plunged more than 8% during trading Friday, briefly falling below the 5,000-point mark before recovering some of its losses to close above 5,050. Foreign investors sold more than 2.7 trillion won worth of shares on a net basis amid a sharp sell-off in U.S. technology stocks, with semiconductor heavyweights Samsung Electronics an..

  • Banks race to win over Korea's 3 million foreign residents

  • As the number of foreign residents in South Korea rapidly grows, banks are increasingly targeting them as a new core customer segment. With foreign residen..
  • Top 5 commercial banks poised to surpass 1,000 trillion won in time deposits

  • Private bankers advise "buy dollars gradually" as Won falls into 1,300s

  • With the won-dollar exchange rate falling into the 1,300-won range in less than two months after sitting in the 1,500-won range, demand to buy dollars chea..
  • Government freezes petroleum price cap for 9th consecutive round

  • The Ministry of Trade, Industry and Energy is holding the ninth round of petroleum price caps at existing levels, even as international oil prices climb ag..
  • Korean retail investors pour over W100bn into Samsung Electronics-SK Hynix ETF in a week

  • Domestic retail investors trading in U.S. stocks — commonly known as "seohak ants" — bought more than 100 billion won worth of U.S.-listed exchange-traded..
  • Urban areas account for only 16.7% of land, yet 9 in 10 citizens reside in cities

  • A total of 92.1 percent of the national population was found to reside in urban areas, which account for a mere 16.7 percent of the total land area. While..
  • KOSPI triggers buy-side sidecar on 5% surge

  • As the KOSPI index surged on August 20, a temporary suspension of program buy orders (buy-side sidecar) was triggered.According to the Korea Exchange on th..
  • Korea-India CEPA improvement talks kick into gear

  • The government is pushing to expand trade and investment with India, home to the world's largest population and a $4 trillion economy, broadening the scope..
  • KOSPI sell-side sidecar triggered as major chip stocks lead decline

  • A sell-side sidecar was triggered on the KOSPI on the 19th after the index fell sharply.According to the Korea Exchange, program sell orders were temporari..
  • Government eases redevelopment rules, construction firms welcome move

  • The government's stance on real estate policy appears to be shifting away from moderating the pace of redevelopment and reconstruction projects toward reac..
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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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