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Tuesday, Mar, 3, 2026

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ECONOMY

  • AI rally lifts Kospi past 6000 milestone

    South Korea’s benchmark Kospi index closed above the 6,000 mark for the first time on Feb. 25, signaling not just a record high but a broad revaluation of industries propelled by the artificial intelligence transformation.At the center of the rally are semiconductor giants Samsung Electronics and SK hynix, which together account for roughly 40 percent of the..

  • 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..
  • S. Korea seeks global alliance against trade protectionism

  • By AsiaToday reporter Choi Won-youngSouth Korean Trade Minister Kim Hyun-chong, who flew to Davos in search of countermeasures against the US trade protect..
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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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