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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..

  • Mideast war stokes oil rally, sending CPI past 3%

  • The prolonged war in the Middle East drove the increase in consumer prices last month to a 26-month high. As conflict in the Middle East led to a surge in..
  • Mideast supply crunch hits SMEs with soaring costs and empty inventories

  • As the situation in the Middle East grows unstable, domestic small and medium-sized enterprises (SMEs) have been pushed to the brink due to difficulties in..
  • Wall Street dismisses AI bubble; further IPOs expected

  • U.S. stock markets, including the S&P 500 and the Nasdaq composite, are hitting fresh all-time highs. While some investors warn of overheating, drawing..
  • S. Korea’s exports top $80B for 3rd month, hitting record $87.7B in May

  • South Korea’s monthly exports surged to an all-time high last month, breaking through the $80 billion threshold for the third consecutive month. Driven by..
  • Ministry backs power equipment exports amid AI boom

  • The South Korean government has rolled out an aggressive support framework aimed at boosting the global competitiveness of the domestic power equipment ind..
  • LG Chem union demands payout from subsidiary dividend income

  • The brewing controversy over performance-based bonus payouts that recently rattled tech and electronics heavyweights like Samsung Electronics and Kakao is..
  • Various factors at play in presale prices rise, experts say

  •   The argument that the escalation in multi-family housing presale prices is driven solely by rising construction costs overly simplifies complex..
  • Bitcoin pulls back to $73,000 as long-term rally faces doubts

  • Bitcoin has retreated to the $73,000 range, sliding to its lowest level in six weeks. A broad-based wave of risk aversion—triggered by escalating military..
  • [2026 Environment Forum] Climate Policy Bureau Chief: "AI era competitiveness hinges on electricity, must end fossil fuel reliance"

  • South Korea must break away from its heavy reliance on fossil fuel imports and transition into a self-reliant "Electro-State," powering its industry, trans..
  • Bank NPL ratio hits 5-year high in March amid SME, SOHO distress

  • The non-performing loan (NPL) ratio at South Korean commercial banks hit a five-year quarterly high at the end of the first quarter of this year. While the..
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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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