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Thursday, Apr, 2, 2026

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ECONOMY

  • Fuel prices set to exceed 2,000 won per liter

    Fuel prices in South Korea are expected to exceed 2,000 won per liter as the government’s second round of price caps takes effect on March 27.Starting at midnight, the government raised the ceiling on wholesale gasoline prices by 210 won to 1,934 won per liter. Diesel and kerosene caps were also increased to 1,923 won and 1,530 won, respectively.With wholesa..

  • Non-manufacturing sentiment hits 4-year high on holiday, coupon boost

  • South Korea’s business sentiment rebounded in August for the first time in two months, driven by stronger exports and consumer activity. Non-manufacturing..
  • Vegetable prices drive July producer price rise

  • Producer prices in South Korea climbed for the second consecutive month in July, driven by soaring vegetable costs due to extreme weather conditions and a..
  • Lee calls Japan a ‘partner,’ Ishiba speaks of ‘reflection’ — will summit yield a meaningful agreement?

  • Ahead of their August 23 summit, South Korean President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba have exchanged positive messages marking K..
  • Fuel tax cuts extended until end of October

  • The government has decided to extend the temporary fuel tax reduction, originally set to expire at the end of August, for an additional two months to ease..
  • Export and import prices rise in July

  • Export and import prices rebounded in July, driven by higher global oil prices and a stronger dollar. In won terms, export prices rose for the first time i..
  • Race heats up in commercial paper market as regulator halts some reviews

  • Competition among securities firms for a share of Korea’s short-term commercial paper market is intensifying. Five brokerages — Samsung, Meritz, Shinhan, H..
  • July consumer prices rise 2.1%, remain in 2% range

  • Consumer prices in South Korea rose 2.1% in July, marking the second consecutive month of inflation in the 2% range, driven mainly by higher processed food..
  • KOSPI plunges 3% amid tariffs and tax reform fallout

  • The KOSPI and KOSDAQ indices fell nearly 3% intraday on August 1 as foreign and institutional investors accelerated selling amid a strong dollar, recent Ko..
  • Corporate and stock transaction taxes raised to restore revenue base

  • The government unveiled its 2025 tax reform plan on Thursday, aimed at restoring the revenue base by raising corporate tax and stock transaction tax rates,..
  • Output and consumption rise in June, but investment falls for fourth month

  • South Korea’s industrial output and consumption rebounded in June on the back of stronger auto and semiconductor production and higher sales of clothing an..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

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· 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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