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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'..

  • Consumer coupons drive surge in food purchases

  • With South Korea’s “livelihood recovery consumer coupons” officially in use, food purchases have surged across the country since the program’s launch. ..
  • ADB cuts Korea's 2025 growth forecast to 0.8% amid export, construction slowdown

  • The Asian Development Bank (ADB) has sharply lowered its economic growth forecast for South Korea this year to 0.8%, down from its earlier projection of 1...
  • Producer prices rebound in June after two-month decline

  • South Korea’s producer price index (PPI) rose in June for the first time in three months, led by higher prices for agricultural, livestock, and fishery pro..
  • Won-dollar rate climbs on U.S. tariff threats, testing banks' capital buffers

  • The won-dollar exchange rate, which had stabilized under South Korea’s new administration, is surging again in July, driven by external factors such as ren..
  • June sees 183,000 more employed, but youth and industrial jobs continue to fall

  • South Korea added 183,000 jobs in June, marking the sixth straight month of employment growth. However, the country’s key industrial sectors—manufacturing..
  • Seoul’s high-priced apartment deals drop 74% after loan curbs

  • Following the government’s introduction of stringent real estate loan regulations, high-priced apartment transactions in Seoul have plunged more than 70% c..
  • Lee’s ‘bad bank’ plan secures ₩400 billion in funding

  • President Lee Jae-myung’s signature campaign pledge to launch a “bad bank” for distressed debt relief is now moving into action. Backed by the recently app..
  • Retail investors pour record margin loans into Samsung shares amid stock rally

  • With South Korea’s stock market riding high on optimism surrounding the new administration, margin loans—often referred to as "debt investment" or bit-too..
  • Holding company stocks surge on corporate law reform momentum

  • As corporate law revisions—touted by President Lee Jae-myung as key to achieving the “KOSPI 5000 era”—gain momentum, the Korean stock market is rallying in..
  • Production and investment decline; government to push swift second supplementary budget

  • South Korea’s industrial production and investment weakened further in May amid sluggish domestic demand, despite the rollout of the first supplementary bu..
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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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