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Saturday, Jun, 20, 2026

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ECONOMY

  • 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 to the '2026 IMD World Competitiveness Ranking Results' released by the Ministry of Finance and Economy on the 18th, South Korea placed 21st among 70 countries. This marks its second-highest ranking sin..

  • Won-dollar rate climbs on U.S. tariff threats, testing banks' capital buffers

  • The won-dollar exchange rate, which had stabilized under South Korea’s new administration, is surging again in July, driven by external factors such as ren..
  • June sees 183,000 more employed, but youth and industrial jobs continue to fall

  • South Korea added 183,000 jobs in June, marking the sixth straight month of employment growth. However, the country’s key industrial sectors—manufacturing..
  • Seoul’s high-priced apartment deals drop 74% after loan curbs

  • Following the government’s introduction of stringent real estate loan regulations, high-priced apartment transactions in Seoul have plunged more than 70% c..
  • Lee’s ‘bad bank’ plan secures ₩400 billion in funding

  • President Lee Jae-myung’s signature campaign pledge to launch a “bad bank” for distressed debt relief is now moving into action. Backed by the recently app..
  • Retail investors pour record margin loans into Samsung shares amid stock rally

  • With South Korea’s stock market riding high on optimism surrounding the new administration, margin loans—often referred to as "debt investment" or bit-too..
  • Holding company stocks surge on corporate law reform momentum

  • As corporate law revisions—touted by President Lee Jae-myung as key to achieving the “KOSPI 5000 era”—gain momentum, the Korean stock market is rallying in..
  • Production and investment decline; government to push swift second supplementary budget

  • South Korea’s industrial production and investment weakened further in May amid sluggish domestic demand, despite the rollout of the first supplementary bu..
  • Market surges under new administration, but bubble concerns grow

  • South Korea’s stock market has soared in the three weeks since President Lee Jae-myung took office, with the KOSPI’s total market capitalization increasing..
  • Government eyes new housing curbs amid Seoul price surge

  • The South Korean government is set to unveil a comprehensive real estate stabilization plan in early July, with measures likely to include expanded regulat..
  • Consumer sentiment rises for third straight month amid new government optimism

  • Consumer sentiment in South Korea climbed for a third consecutive month in June, buoyed by growing expectations for the newly launched Lee Jae-myung admini..
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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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