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Sunday, Aug, 9, 2026

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ECONOMY

  • Toss Securities accelerates expansion of its wealth management spectrum

    Toss Securities is eyeing an expansion into wealth management (WM), a segment traditionally accessible only to a small number of high-net-worth clients. Having taken its first step into the WM business with a tax-advantaged pension savings account, the company is now pursuing a wrap account business as well. Since Toss Securities has no in-person staff, it'..

  • Vegetable prices drive July producer price rise

  • Producer prices in South Korea climbed for the second consecutive month in July, driven by soaring vegetable costs due to extreme weather conditions and a..
  • Lee calls Japan a ‘partner,’ Ishiba speaks of ‘reflection’ — will summit yield a meaningful agreement?

  • Ahead of their August 23 summit, South Korean President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba have exchanged positive messages marking K..
  • Fuel tax cuts extended until end of October

  • The government has decided to extend the temporary fuel tax reduction, originally set to expire at the end of August, for an additional two months to ease..
  • Export and import prices rise in July

  • Export and import prices rebounded in July, driven by higher global oil prices and a stronger dollar. In won terms, export prices rose for the first time i..
  • Race heats up in commercial paper market as regulator halts some reviews

  • Competition among securities firms for a share of Korea’s short-term commercial paper market is intensifying. Five brokerages — Samsung, Meritz, Shinhan, H..
  • July consumer prices rise 2.1%, remain in 2% range

  • Consumer prices in South Korea rose 2.1% in July, marking the second consecutive month of inflation in the 2% range, driven mainly by higher processed food..
  • KOSPI plunges 3% amid tariffs and tax reform fallout

  • The KOSPI and KOSDAQ indices fell nearly 3% intraday on August 1 as foreign and institutional investors accelerated selling amid a strong dollar, recent Ko..
  • Corporate and stock transaction taxes raised to restore revenue base

  • The government unveiled its 2025 tax reform plan on Thursday, aimed at restoring the revenue base by raising corporate tax and stock transaction tax rates,..
  • Output and consumption rise in June, but investment falls for fourth month

  • South Korea’s industrial output and consumption rebounded in June on the back of stronger auto and semiconductor production and higher sales of clothing an..
  • Ruling party vows crackdown on stock manipulation at KRX meeting

  • The ruling Democratic Party’s “KOSPI 5000 Special Committee” met with Korea Exchange (KRX) executives on July 29 to discuss ways to boost the capital marke..
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people

"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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