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Friday, Jan, 9, 2026

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ECONOMY

  • Chasing gains draws caution as KOSPI rally accelerates

    As the KOSPI continues to set record highs early in the year, caution is growing in and out of the market over the pace of gains, with concerns mounting about overheating and rising leverage from margin trading.The benchmark index closed Wednesday up 0.57% at 4,551.06, according to the Korea Exchange. Liquidity indicators are also climbing. Data from the Kor..

  • S. Korea, UAE to set agricultural cooperation committee in October

  • By AsiaToday reporter Cho Sang-eun The government will seek to restore relations with the United Arab Emirates (UAE) by expanding cooperation in the a..
  • Samsung to invest 180 Tln Won and hire 40,000

  • By AsiaToday reporter Kim Kyu-bin Samsung plans to invest 180 trillion won (US$160 billion) over the next three years to revitalize the national econo..
  • Criticism mounts against government's power bill relief

  • By AsiaToday reporter Choi Won-youngThe National Assembly and the government have decided to temporarily ease Korea's progressive electricity rates for Jul..
  • S. Korea lowers growth estimate, set to spend more to revive economy

  • By AsiaToday reporter Cho Sang-eun South Korea's government lowered its growth estimate for the gross domestic product (GDP) for this year to 2.9 perc..
  • Gov't to provide housing support for newlyweds, youth

  • By AsiaToday reporter Cheong Ah-reum The government will provide housing support for 1.63 million households comprising newlyweds and young people by 2022...
  • KCCI to host Dialogue of Korean-Chinese Businesspeople

  • By AsiaToday reporter Kim Yoon-joo Korean and Chinese businesspeople and former government officials will meet to discuss economic cooperation between..
  • Gov't proposes 3.9 trillion-won extra budget to create jobs for youth

  • By AsiaToday reporter Cho Sang-eun The government on Thursday proposed a 3.9 trillion won (US$3.7 billion) extra budget for the youth employment and region..
  • Gov't to tackle youth unemployment with KRW 4 trillion won extra budget plan

  • By AsiaToday reporter Cho Sang-eun The South Korean government aims to tackle chronic youth unemployment by trying every possible method, including bolder..
  • Gov't to discuss support plan with GM

  • By AsiaToday reporter Choi Won-youngThe government will meet with GM International chief Barry Engle to discuss support measures for GM Korea in earnest. S..
  • S. Korea to dismiss 274 public employees involved in solicited employment

  • By AsiaToday reporter Kim Eun-sung274 executives and senior officials at public firms will be fired or referred to state prosecutors due to involvement in..
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PEOPLE

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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”

PHOTO

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Jang Won-young shines as BVLGARI’s holiday muse

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