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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..

  • Long-term unemployed youth reaching highest level since global financial crisis

  • The proportion of young people unable to land a job for over a year after graduation has surged to its highest level since the global financial crisis. Ana..
  • GDP growth rate beats expectations: Up 0.6 percent in Q2 on strong chip exports

  • Korea's gross domestic product grew by 0.6 percent quarter-on-quarter in the second quarter of this year. Although the growth rate slowed from 1.8 percent..
  • Will 800 trillion won mega projects rescue construction employment after four-year slump?

  • Declining for four consecutive years, the construction employment market is drawing industry attention over whether it can bound back through major governm..
  • KOSPI triggers buy-side sidecar, reclaims 7,000 level intraday

  • As the KOSPI index surged on July 22, a program buy order temporary halt—known as a buy-side sidecar—was activated.According to the Korea Exchange, the val..
  • KOSPI buy sidecar triggered amid rally in giant semiconductor stocks

  • As the Kospi index surged on July 21, a sidecar halted program buy orders on the South Korean main bourse.According to the Korea Exchange, program buy orde..
  • FSC launches 15-year technology fund worth 880 billion won

  • The Financial Services Commission (FSC) is launching an 880 billion won ultra-long-term technology investment fund designed to support the extended growth..
  • S. Korea's market volatility surges to record high, rattling global investment ecosystem

  • South Korea's stock market volatility has breached record levels, surpassing peaks seen during the 1997 Asian Financial Crisis and the 2008 Global Financia..
  • Securities firms expect strong Q2 earnings despite single-stock leverage concerns

  • Despite growing concerns surrounding single-stock leverage exchange-traded funds (ETFs), second-quarter earnings prospects for major South Korean brokerage..
  • Retail investors pivot: Targeting dividends and semiconductor dip-buying

  • As KOSPI volatility expands, retail investors are rapidly shifting their exchange-traded fund (ETF) purchasing strategies. During the initial plunge, capit..
  • Triple pressure of delinquencies, bad debts, and interest rates tests banks's financial soundness

  • Amid growing defaults and non-performing loans (NPLs) concentrated in small and medium-sized enterprise (SME) loans, the Bank of Korea's benchmark interest..
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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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