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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 economy grows 1.6% in Q1

  • AsiaToday reporters Moon Noo-riSouth Korea’s first quarter GDP growth was up 1.6 percent from the previous quarter, springing back to pre-pandemic levels...
  • Shinhan, Woori celebrate 20th anniversary

  • AsiaToday reporters Cho Eun-gook & Lee Joo-hyungThe role of financial companies is growing in the South Korean economy. It’s been 20 years since both S..
  • S. Korea to expand nation’s rail network to connect new locations

  • AsiaToday reporter Hwang Eui-joongSouth Korea’s railway network for major cities will be expanded across the nation over the next decade. A new express tra..
  • S. Korea’s national budget likely to exceed 600tr won

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s state budget is likely to exceed 600 trillion won next year as the government has decided to maintain its aggre..
  • S. Korea unveils another massive home supply plan

  • AsiaToday reporter Lee Chul-hyunThe South Korean government plans to build 320,000 new houses in Seoul and 830,000 nationwide by 2025. Together with housin..
  • S. Korea to charge 20% tax on crypto gains under new law

  • AsiaToday reporter Lee Ji-hoon Starting 2023, South Korea will tax profits of over 50 million won made from transactions of listed shares at 20%. The..
  • Gov’t plans to grant third disaster relief funds for virus-hit small businesses

  •  AsiaToday reporter Lee Jang-won The government, Cheong Wa Dae and the ruling Democratic Party (DP0 agreed to provide relief grants of up to 3 mi..
  • Seoul city to provide 900 billion won COVID relief for small businesses

  • AsiaToday reporter Kim In-heeThe Seoul city government has announced a new relief package worth some 900 billion won, or about 810 million dollars, for sma..
  • Gov’t to supply 460,000 homes in 2021

  • AsiaToday reporter Lee Ji-hoon Finance Minister Hong Nam-ki said Tuesday that the government will provide 460,000 housing units next year, including 3..
  • S. Korea’s economic policy plan focuses on overcoming economic slumps amid pandemic

  • AsiaToday reporter Cho Sang-eun South Korea’s 2021 economic policy plan focuses on providing active financial support to help overcome economic slumps..
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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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