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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..

  • KFTC penalizes flour millers over price collusion

  • The Fair Trade Commission (FTC) has issued an independent price-resetting order—the first in 20 years—and imposed a 6710 billion won fine on flour milling..
  • Middle East war hits auto industry as exports slide

  • South Korea's automobile exports fell 5.5% last month to $6.17 billion, heavily impacted by factors such as the war in the Middle East.According to the Apr..
  • Korean banks’ Q1 net profit slips on bond losses

  • The net profit of South Korea’s domestic banks declined slightly in the first quarter of 2026 despite improved interest margins, as losses from securities..
  • Korean won stays above 1,500 as US yields and oil prices rise

  • The Korean won remained above the 1,500-per-dollar level for a third consecutive trading session, heightening concerns over mounting pressure on the Korean..
  • Korea household debt nears 2 quadrillion won in Q1

  • South Korea’s household debt climbed closer to the 2 quadrillion won mark in the first quarter of 2026, driven mainly by a sharp increase in non-bank lendi..
  • SK Ecoplant sees profit surge powered by chip boom, but keeping AI and semiconductor gains remains a task

  • SK Ecoplant recorded an "earning surprise" for the first quarter of this year, significantly beating market expectations and demonstrating the impact of it..
  • Security firm liquidity regulations to undergo complete overhaul; 'Adjusted Liquidity Ratio' to apply to all fimrs

  •  Financial authorities are completely overhauling the liquidity regulatory framework for securities firms to strengthen their liquidity risk managemen..
  • SKC draws massive interest in 1 trillion won rights offering, fueling expectations for semiconductor-centered business restructuring

  •   SKC's rights offering of approximately 1.16 trillion won recorded oversubscription from both existing shareholders and its employee stock owner..
  • Hyundai and Kia team up with 7 top Indian engineering institutes to secure battery and AI talent

  •   Hyundai Motor and Kia have partnered with top Indian engineering institutes to expand industry-academic cooperation to secure core technologies..
  • KOSPI triggers second straight sell-side sidecar amid sharp drop

  • South Korea’s benchmark KOSPI index triggered a temporary sell-side sidecar on May 18 after posting steep losses in early trading, marking the second conse..
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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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