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Tuesday, Jun, 3, 2025

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ECONOMY

  • Bank of Korea cuts key rate to 2.5% to boost economy

    The Bank of Korea (BOK) on May 29 lowered its benchmark interest rate by 25 basis points, from 2.75 percent to 2.5 percent. This marks the fourth rate cut since last October and brings the rate down to its lowest level since August 2022 — a span of two years and nine months. The decision comes amid growing concerns over the economy, after the BOK sharply do..

  • S. Korea to enhance quarantine measures in Seoul metropolitan area amid spiking cases

  • AsiaToday reporter Jang Ji-young South Korea said Thursday that it will strengthen quarantine measures in the Seoul metropolitan area over the next tw..
  • Why the Green New Deal?

  •     AsiaToday reporter Lee Seok-jong Regarding the Korean Green New Deal project suggested by President Moon Jae-in for the post-c..
  • S. Korea to create 1.56 million jobs in public sector

  • By AsiaToday reporter Lee Ji-hoon The government will draw up measures to create 1.56 million jobs in the public sector to mitigate the impact of the..
  • Hyundai Motor, SK hynix 1Q beat dire forecast but remain cautious

  • By AsiaToday reporters Jung Seok-man & Choi Won-youngHyundai Motor and SK hynix ended the first quarter better than expected amidst a global pandemic...
  • Moon to inject 40 tln won into key industries

  • By AsiaToday reporter Lee Seok-jong President Moon Jae-in on Wednesday decided to inject 40 trillion won of national tax into South Korea’s key indust..
  • S. Korea to provide 9.1 tln won relief fund

  • By AsiaToday reporter Lee Seok-jong The government has decided to provide emergency disaster support money of a maximum 1 million won (US$816) to all..
  • KOSPI hits lowest point in 10 years

  • By AsiaToday reporters Jang Soo-youngThe benchmark Korea Composite Stock Price Index (KOSPI) crashed further Thursday, hitting the lowest point in a decade..
  • S. Korea’s key interest rate plunges below 1%

  • By AsiaToday reporters Jung Dan-biSouth Korea’s key interest rate has fallen below 1 percent for the first time in history. The Bank of Korea (BOK) on Mond..
  • Moon declares virus-hit Daegu, parts of N. Gyeongsang Province as special disaster zones

  • By AsiaToday reporter Lee Seok-jong President Moon Jae-in declared the city of Daegu as well counties of Cheongdo and Bonghwa and the city of Gyeongsa..
  • Coronavirus cases soar beyond 5000

  • By AsiaToday reporter Joo Sung-sik As the number of new coronavirus cases exceeded 5,000 in the country, the government is now focusing on securing ho..
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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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Moon Ga-young shines at Radiesse pop-up studio opening event

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