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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..

  • Next two weeks crucial for Covid-19 battle

  • By AsiaToday reporter Joo Sung-sik As South Korea reports hundreds of new confirmed Covid-19 (coronavirus) cases every day, experts point out that the..
  • S. Korea reports 28th confirmed case of novel coronavirus

  • By AsiaToday reporter Joo Sung-sik South Korea on Tuesday confirmed its 28th case of novel coronavirus infection. The latest patient is a 30 year-old..
  • S. Korea to send 3rd evacuation plane to Wuhan

  • By AsiaToday reporter Yoon Seo-youngThe government has decided to deploy an additional temporarily arranged flight to the Chinese city of Wuhan to evacuate..
  • GS HomeShopping closed over employee’s coronavirus infection

  • By AsiaToday reporter Lee Sun-young South Korea confirmed four more cases of novel coronavirus infections Thursday, bringing the total to 23, with thr..
  • KCDC considers discharging 2nd confirmed patient

  • By AsiaToday reporter Yoon Seo-youngThe government is considering discharging the country’s second confirmed new coronavirus patient as the patient’s pneum..
  • Airports, hospitals fail to detect new coronavirus infection

  • By AsiaToday reporter Yoon Seo-youngSouth Korea’s quarantine network has been breached by a new coronavirus also known as Wuhan pneumonia. The nation repor..
  • Gov’t seeks 100 tln won in investment to bring economic rebound

  • By AsiaToday reporter Cho Sang-eun The government will encourage investments of up to 100 trillion won in a bid to prop up the slowing economy. A..
  • Start the growth engine of S. Korean economy

  • By AsiaToday reporter Yoo Jae-hee “It is appropriate to expect South Korea’s economic growth this year to be 0.1 to 0.2 percentage points lower than p..
  • Gov’t sets price ceiling on new apartments in 27 affluent Seoul districts

  • By AsiaToday reporter Choi Joong-hyunThe government has designated 27 speculation prone areas in Seoul to place a presale price cap on privately built apar..
  • Gov’t to build additional GTX line in western Seoul metro area

  • By AsiaToday reporter Lee Cheol-hyunThe government and the ruling Democratic Party have announced a plan to reduce the commute time between Seoul and the s..
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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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