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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..

  • 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..
  • Nearly half of listed companies cut workforce in H1

  • AsiaToday reporter Hong Sun-miNearly half of South Korea’s listed companies cut their workforce in the first half of the year in the aftermath of the coron..
  • S. Korea’s tax revenue increases more than 55 tln won in Jan.-July from year ago

  • AsiaToday reporter Lee Ji-hoonThe government’s total tax revenue in the first seven months of this year jumped more than 55 trillion won (US$47 billion) fr..
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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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