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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..

  • 80% of small businesses go digital, but 83% remain basic

  • Eight in 10 South Korean small business owners are using digital technologies, highlighting how tools such as kiosks, delivery apps and digital document sy..
  • Lee to overhaul housing policy in the second half of this year

  • President Lee marked his first anniversary in office by reaffirming his commitment to real estate tax reform, outlining the framework for housing policy in..
  • Goldman Sachs drops forecasts for Fed rate cuts this year

  • The US investment bank Goldman Sachs expects that the Federal Reserve (Fed) will not cut its benchmark interest rate this year, citing reasons such as the..
  • Share of record-high apartment sales in Seoul metro area hits yearly low at 9.7%

  • In the metropolitan area apartment market last month, ahead of the implementation of the capital gains tax heavy imposition, some urgent properties were tr..
  • Currency spike drives bank bond rates up

  • [After-report] U.S. warship market opens; K-shipbuilding fears three years ahead

  • The atmosphere in the shipbuilding industry is hotter than ever. The United States is reviewing ways to utilize allied shipyards, and discussions on Korea-..
  • [Exclusive] Hyundai E&C sets up New Zealand branch to expand Oceania presence

  • Hyundai Engineering & Construction has embarked on expanding its Oceania energy and housing businesses by establishing a branch in New Zealand, followi..
  • Shadows of high prices and labor strikes cloud Lee’s first year stock gains

  • One year into the Lee Jae-myung administration, the South Korean capital market is navigating an unprecedented era. The KOSPI market, which had long stagna..
  • Korea's exports surge on chip rally as nation eyes $1 trillion mark

  • As the semiconductor supercycle continues, projections suggest that South Korea's annual exports could surpass $1 trillion for the first time in history.An..
  • Opinions diverge over how to use surplus tax revenue

  • With the semiconductor industry boom pushing national tax revenue tracks ahead of expectations, various utilization plans regarding the surplus tax revenue..
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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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