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ECONOMY

  • 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 to the '2026 IMD World Competitiveness Ranking Results' released by the Ministry of Finance and Economy on the 18th, South Korea placed 21st among 70 countries. This marks its second-highest ranking sin..

  • Chip boom drives Korea exports to new high

  • South Korea’s exports surged to a record high in February, driven by robust semiconductor shipments fueled by strong artificial intelligence demand.Accordi..
  • Lee-backed index ETFs post stellar gains

  • Index-tracking exchange-traded funds (ETFs), including products reportedly held by President Lee Jae-myung, have surged more than 50 percent in just two mo..
  • 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..
  • Samsung, hynix hit record highs

  • Shares of Samsung Electronics and SK hynix surged to historic milestones on Feb. 24, reaching the symbolic levels of 200,000 won and 1 million won during i..
  • KOSPI nears 6,000 after US court decision

  • South Korea’s benchmark KOSPI extended its rally on Feb. 23, breaking above the 5,900 mark for the first time intraday, buoyed by a U.S. Supreme Court ruli..
  • Korea retail sales rebound in 2025 amid high prices

  • South Korea’s retail sales increased last year despite inflation hovering in the 2 percent range, marking the first annual gain in four years, government d..
  • Up to 220 KOSDAQ firms face delisting under new reform

  • South Korea’s financial authorities have launched a sweeping restructuring of the KOSDAQ market, with projections suggesting that up to 220 listed companie..
  • KDI raises Korea growth outlook to 1.9%

  • The Korea Development Institute (KDI) has raised its forecast for South Korea’s economic growth this year to 1.9 percent, citing robust exports driven by a..
  • Korea, Indonesia extend currency swap for five years

  • South Korea and Indonesia have agreed to extend their won–rupiah currency swap agreement for five years, strengthening bilateral financial cooperation and..
  • Property tax hike returns, even single-home owners targeted

  • As the Lee Jae-myung administration makes its intention to “normalize” the real estate market increasingly clear, the housing market in Seoul and the wider..
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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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