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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..

  • South Korea, Italy team up to improve trade environment and boost ties in AI and chips

  • The Ministry of Trade, Industry and Energy announced that South Korea and Italy have agreed to improve the trade environment and expand cooperation in adva..
  • MSS, Italy to boost cooperation in cooperative sector

  • The Ministry of Startups and SMEs (MSS) held the "Korea-Italy Cooperatives MOU & Seminar" at the Grand Hotel Plaza in Rome, Italy, on the 11th (local t..
  • FSS warns securities firms over risky, concentrated investments

  • Amid growing volatility in domestic and global stock markets, South Korea’s Financial Supervisory Service (FSS) has urged securities firms to refrain from..
  • May employment drops by 40,000, manufacturing and youth hit hardest

  • Last month, the number of employed people declined for the first time in 17 months. Analysts attribute the drop largely to a sharp reduction in manufacturi..
  • [Behind the Scenes] Jeonse loans blamed for home price spikes: Will banks start tracking government cues?

  • "The expansion of jeonse loans was a primary driver behind rising housing prices."With this single remark from President Lee, all eyes within and outside t..
  • Deputy PM says recovery continues, summit diplomacy to create growth engines

  • Koo Yun-cheol, South Korea’s Deputy Prime Minister and Minister of Economy and Finance, said that the Korean economy continues to show a solid recovery des..
  • Gov’t launches probe into soaring exchange rate

  • The Bank of Korea and the Financial Supervisory Service have launched a joint inspection of major foreign-exchange banks to determine whether recent sharp..
  • Gov’t to expand housing, finance support for youth marriage

  • The South Korean government plans to revise policies that reduce benefits after marriage in an effort to ease the financial burden on young couples. The go..
  • Banks stress ESG while cutting ‘environment, education, culture’ focus

  • Banking sector social contribution spending surpassed 2 trillion won for the first time, continuing its overall expansion. However, contributions to the en..
  • KOSPI and KOSDAQ surge together, triggering multiple sidecars

  • The KOSPI and KOSDAQ markets jumped sharply in early trading on Monday, triggering temporary suspension of program buying orders (sidecar mechanisms) in bo..
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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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