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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..

  • Nearly half of listed companies cut workforce in H1

  • AsiaToday reporter Hong Sun-miNearly half of South Korea’s listed companies cut their workforce in the first half of the year in the aftermath of the coron..
  • S. Korea’s tax revenue increases more than 55 tln won in Jan.-July from year ago

  • AsiaToday reporter Lee Ji-hoonThe government’s total tax revenue in the first seven months of this year jumped more than 55 trillion won (US$47 billion) fr..
  • Four out of 10 self-employed considers closing their businesses

  • AsiaToday reporter Park Ji-eun Four in 10 small business owners are found to be considering closing their businesses after the resurgence of COVID-19,..
  • Gov’t proposes W604tr ‘super budget’ for 2022

  • AsiaToday reporter Lee Ji-hoonThe South Korean government has proposed a record high budget of more than 600 trillion won for next year as it plans to main..
  • Bank of Korea lifts benchmark interest rate to 0.75%

  • AsiaToday reporter Lee Ji-sun The Monetary Policy Board of the Bank of Korea (BOK) decided to raise its key rate to 0.75 percent from 0.5 percent, end..
  • Inflation fears rise as consumer prices continue to surge

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s consumer prices rose more than two percent for the fourth consecutive month in July, affecting people’s everyda..
  • S. Korea’s consumer prices grow more than 2% for 4th straight month

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s consumer prices jumped 2.6% in July. This is the same level as in May, which showed the fastest rise in more th..
  • S.Korea July exports jump to record

  • AsiaToday reporter Lee Sang-wonSouth Korea’s exports set a new monthly high for the first time in 65 years since the country started compiling related data..
  • Money supply continues to grow in May

  • AsiaToday reporter Lee Ji-sun An additional 21 trillion won was released in May alone in the market. The total money supply is close to 3,400 trillion..
  • Gov’t vows fast and strong economic recovery with expansionary spending

  • AsiaToday reporter Cho Sang-eunThe South Korean government has shown confidence in ‘fast and strong economic recovery’ in the second half of this year.It p..
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people

“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

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