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Sunday, Nov, 8, 2026

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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..

  • S. Korea jumps 6 spots to 21st in IMD ranking

  • South Korea ranked 21st in this year’s Institute for Management Development (IMD) World Competitiveness Ranking, rising six places from last year.According..
  • [Exclusive] Harim absorbs HBC under prosecution probe, sparking row over escaping liability

  • It has been revealed that Harim absorbed and dissolved its wholly-owned subsidiary, HBC, which was under investigation by the prosecution, prior to any ind..
  • Labor board orders Hyundai Motor to negotiate with subcontracted union under new law

  • Labor authorities have ruled that Hyundai Motor must comply with the collective bargaining demands of its in-house subcontracted workers under the implemen..
  • Rising exchange rates and chip costs lift export prices for 11th month; import prices fall slightly

  • Last month, Korea's export prices continued their upward trend for the 11th consecutive month, ticking up slightly from the previous month due to a rising..
  • Why is the Bitcoin bear market dragging on for a fourth month?

  • Bitcoin has posted a modest rebound over the past week, climbing from the $63,000 range to the $65,000 level. However, compared to the all-time high of app..
  • Big 5 financial groups bet big on capital markets via securities push

  • In the first quarter of this year, the profit contribution of securities subsidiaries under the five major financial holding companies jumped to the highes..
  • [Exclusive] Woori Financial chief issues stern profit order to Woori Investment Bank CEO

  • Woori Financial Group Chairman Lim Jong-ryong has ordered Woori Investment Bank to spearhead the efforts to boost the group's non-banking profitability, fo..
  • Surging exchange rates and inflation rattle market rates, weighing on borrowers

  • With the high exchange rate phase of well over 1,500 won persisting long-term, borrowers are facing deepening anxiety. This comes as the rising won-dollar..
  • FTC approves NS Home Shopping’s acquisition of Homeplus Express

  • The Fair Trade Commission (FTC) approved NS Home Shopping's acquisition of Homeplus Express. The antitrust regulator determined that the transaction would..
  • Vanishing social mobility: Widening asset, income gap hits youth

  • The Bank of Korea (BOK) warned that the South Korean economy is facing a "composite polarization" where gaps in both assets and income are widening simulta..
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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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