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Tuesday, Mar, 3, 2026

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ECONOMY

  • AI rally lifts Kospi past 6000 milestone

    South Korea’s benchmark Kospi index closed above the 6,000 mark for the first time on Feb. 25, signaling not just a record high but a broad revaluation of industries propelled by the artificial intelligence transformation.At the center of the rally are semiconductor giants Samsung Electronics and SK hynix, which together account for roughly 40 percent of the..

  • KOSPI below 2,500 as US Fed decision looms

  • AsiaToday reporter Oh Kyung-hee South Korea’s main stock market fell below 2,500 on Tuesday, amid growing concerns over monetary tightening in the Uni..
  • S. Korea’s national debt in 2021 reaches all-time high

  • AsiaToday reporter Im Cho-rongSouth Korea’s national debt exceeded 2,100 won trillion won last year as the country implemented expansionary fiscal spending..
  • S. Korea’s home supply scheme falters

  • AsiaToday reporter Lee Chul-hyunThere is growing concern that the government’s large-scale housing supply plan in Seoul and the greater capital region aime..
  • Government reviews raising inflation forecast to 2% range

  • AsiaToday reporter Son Cha-min  The South Korean government is considering raising the consumer price inflation forecast for next year to the 2.0..
  • One fifth Seoul homeowners face comprehensive real estate tax

  • AsiaToday reporter Lee Ji-hoonOne in five homeowners in Seoul is expected to pay comprehensive real estate taxes this year as housing prices and tax rates..
  • S. Korea's central bank raises rate to 1%

  • AsiaToday reporter Kim Yoon-jooThe Bank of Korea (BOK) raised its key policy rate Thursday by 0.25 percentage point to 1 percent, putting an end to 20 mont..
  • More people subject to comprehensive real estate tax

  • AsiaToday reporter Lee Ji-hoonThe number of people subject to the country’s state-assessed price value for homes has sharply increased to nearly 950,000 th..
  • High-interest loans taken by self-employed surge

  • AsiaToday reporter Son Cha-min  As the difficulties of the self-employed have been prolonged due to the pandemic and the quarantine measures, the..
  • Nation’s top 100 firms’ dependence on overseas sales rises

  • AsiaToday reporter Hong Sun-miSouth Korea’s top 100 companies’ sales grew faster in the first half of this year than before pandemic, however their depende..
  • KEPCO to announce Q4 electric bills

  • AsiaToday reporter Kwon Han-ilThe government and state-run utility Korea Electric Power Corp. (KEPCO) will decide Thursday whether to raise electricity bil..
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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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