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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..

  • Government mobilizes response to secure farm, livestock, fishery supplies

  • In response to record-breaking heat and drought in some regions, the government will supply discounted agricultural pesticides and fertilizers and expand s..
  • Youth employment fell by 191,000 in July, marking 45th straight month of decline

  • Employment grew by more than 100,000 last month, but youth employment continued to show weakness. The number of employed young people fell by more than 190..
  • Chip boom drives major firms' exports up 82% in a year

  • Korean companies' exports surged nearly 60% year-on-year in the second quarter of this year, driven especially by large corporations, whose exports jumped..
  • Financial sector moves to build AI governance

  • As establishing AI governance emerges as a top priority in the financial sector, recommendations have emerged that each financial company should be allowed..
  • ISA reform sparks debate: Can restricting overseas investment boost domestic market?

  • Since the government's tax reform announcement, backlash from individual investors over changes to the Individual Savings Account (ISA) hasn't let up. News..
  • Securities firms, riding record earnings, brace for H2 as trading volume halves

  • Major domestic securities firms posted record earnings in the first half of the year, riding a booming stock market, but face a slowdown in the second half..
  • Zombie construction firms surge from 62 to 173 in five years

  • The number of "zombie" companies in the construction industry — firms unable to cover their interest payments with operating profit — has surged roughly th..
  • Toss Securities accelerates expansion of its wealth management spectrum

  • Toss Securities is eyeing an expansion into wealth management (WM), a segment traditionally accessible only to a small number of high-net-worth clients. Ha..
  • Power stocks surge 35% in a week

  • Shares of power infrastructure-related companies are surging on the Korean stock market, rapidly drawing in investor money. With semiconductor stocks — the..
  • Government pushes national asset framework to protect the vulnerable

  • The government, having called for reviving Korea's potential growth rate, is moving forward with economic innovation aimed at addressing downward pressure..
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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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