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Thursday, Apr, 30, 2026

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ECONOMY

  • KOSPI breaks 6,600, total market value exceeds 6 trillion won

    South Korea’s stock market continued its rally despite ongoing geopolitical tensions in the Middle East, with the benchmark KOSPI surpassing the 6,600 mark for the first time and total market capitalization exceeding 6 trillion won.According to the Korea Exchange, the KOSPI closed at 6,615.03 on April 27, up 2.15% (139.40 points) from the previous session. T..

  • 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..
  • S. Korea to supply 55,000 more public homes

  • AsiaToday reporter Chun Won-joonThe government said it will provide an additional 55,000 public housing units, including 30,000 units in the third new town..
  • S. Korea to invest 2.2 tln won to form industrial clusters

  • AsiaToday reporter Lee Ji-hoonThe government plans to invest 2.2 trillion won (US$1.65 billion) over the next five years to establish advanced industrial a..
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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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