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Wednesday, Mar, 4, 2026

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ECONOMY

  • Industrial production declines as spending and investment rise

    South Korea’s industrial production declined in January due largely to reduced semiconductor output, but consumer spending and facility investment rebounded while leading economic indicators improved, government data showed Tuesday.According to the January industrial activity report released by the National Data Agency, overall industrial production fell 1.3..

  • S. Korea to create 1.56 million jobs in public sector

  • By AsiaToday reporter Lee Ji-hoon The government will draw up measures to create 1.56 million jobs in the public sector to mitigate the impact of the..
  • Hyundai Motor, SK hynix 1Q beat dire forecast but remain cautious

  • By AsiaToday reporters Jung Seok-man & Choi Won-youngHyundai Motor and SK hynix ended the first quarter better than expected amidst a global pandemic...
  • Moon to inject 40 tln won into key industries

  • By AsiaToday reporter Lee Seok-jong President Moon Jae-in on Wednesday decided to inject 40 trillion won of national tax into South Korea’s key indust..
  • S. Korea to provide 9.1 tln won relief fund

  • By AsiaToday reporter Lee Seok-jong The government has decided to provide emergency disaster support money of a maximum 1 million won (US$816) to all..
  • KOSPI hits lowest point in 10 years

  • By AsiaToday reporters Jang Soo-youngThe benchmark Korea Composite Stock Price Index (KOSPI) crashed further Thursday, hitting the lowest point in a decade..
  • S. Korea’s key interest rate plunges below 1%

  • By AsiaToday reporters Jung Dan-biSouth Korea’s key interest rate has fallen below 1 percent for the first time in history. The Bank of Korea (BOK) on Mond..
  • Moon declares virus-hit Daegu, parts of N. Gyeongsang Province as special disaster zones

  • By AsiaToday reporter Lee Seok-jong President Moon Jae-in declared the city of Daegu as well counties of Cheongdo and Bonghwa and the city of Gyeongsa..
  • Coronavirus cases soar beyond 5000

  • By AsiaToday reporter Joo Sung-sik As the number of new coronavirus cases exceeded 5,000 in the country, the government is now focusing on securing ho..
  • Next two weeks crucial for Covid-19 battle

  • By AsiaToday reporter Joo Sung-sik As South Korea reports hundreds of new confirmed Covid-19 (coronavirus) cases every day, experts point out that the..
  • S. Korea reports 28th confirmed case of novel coronavirus

  • By AsiaToday reporter Joo Sung-sik South Korea on Tuesday confirmed its 28th case of novel coronavirus infection. The latest patient is a 30 year-old..
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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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