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Thursday, Jan, 8, 2026

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ECONOMY

  • KOSPI closes above 4,500 for first time

    South Korea’s benchmark KOSPI index closed above the 4,500 mark for the first time on record on Tuesday, extending gains led by heavyweight stocks.According to the Korea Exchange, the KOSPI finished the session up 1.52 percent at 4,525.48, after moving between an intraday low of 4,395.00 and a high of 4,525.48.All of the top 10 stocks by market capitalizatio..

  • Consumer prices rise over 3 pct for 2nd month in March

  • AsiaToday reporter Hong Sun-miSouth Korea’s consumer price stayed above 3 percent for the second consecutive month on record prices of fruits and rising gl..
  • Yoon wants S. Korea to become one of world’s top space powers

  • AsiaToday reporter Hong Sun-miPresident Yoon Suk-yeol vowed on Wednesday to increase the budget for space development to over 1.5 trillion won (US$1.1 bill..
  • FSS unveils compensation measures for HK-tied ELS losses

  • AsiaToday reporter Choi Jung-ah “Many sellers of the equity-linked securities (ELS) products were found to have encouraged mis-selling even when the r..
  • BOK freezes interest rate at 3.5 pct for 8th time

  • By AsiaToday reporter Lee Sun-youngSouth Korea’s central bank on Thursday froze the key interest rate at 3.5 percent. This marked the eighth straight time..
  • Yoon vows to allow reconstruction of homes over 30 years without safety checks

  • By AsiaToday reporter Jeon Won-joonThe Yoon Suk-yeol government will allow the reconstruction of homes 30 years old or older even without safety inspection..
  • Yoon proposes abolishing investor income tax plan

  • By AsiaToday reporter Hong Sun-miPresident Yoon Suk-yeol proposed Tuesday to scrap a new tax scheme to help promote investment in the country’s stock marke..
  • Yoon pledges economic recovery in New Year’s address

  • By AsiaToday reporter Park Ji-eunPresident Yoon Suk-yeol has laid out his plans for the year 2024, pledging to join in the field and listen to people’s voi..
  • Semiconductor market will rise in 2024, experts say

  • By AsiaToday reporter Park Ji-eunExperts say that the manufacturing industry, led by semiconductors, is expected to grow sharply in January, accelerating t..
  • Gov’t to supply 80,000 homes to 5 new sites

  • AsiaToday reporter Jeon Won-joonThe government will supply 80,000 new homes in five new sites nationwide, including Guri, Yongin, Osan in Gyeonggi Province..
  • KOSPI regains 2,500 following short selling ban

  • AsiaToday reporter Son Kang-hoon Korean stocks soared after the country reimposed a complete ban on short-selling. The KOSPI rose above the 2,500 mark..
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people

“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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