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Thursday, Apr, 30, 2026

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ECONOMY

  • KOSPI breaks 6,600, total market value exceeds 6 trillion won

    South Korea’s stock market continued its rally despite ongoing geopolitical tensions in the Middle East, with the benchmark KOSPI surpassing the 6,600 mark for the first time and total market capitalization exceeding 6 trillion won.According to the Korea Exchange, the KOSPI closed at 6,615.03 on April 27, up 2.15% (139.40 points) from the previous session. T..

  • S. Korea to invest W4tr for R&D on bio-health

  • AsiaToday reporter Kim Si-young The government has chosen the bio-health industry as one of its new target growth engines. It plans to expand its annu..
  • Jobless rate rises to its highest level in 19 years

  • By AsiaToday reporter Yoo Jae-heeThe unemployment rate reached its highest in 19 years in April. The real unemployment rate for youth surpassed 25 percent,..
  • US tariff hike on Chinese goods could slash 1 tln-won from Korean exports

  • By AsiaToday reporter Choi Won-youngAs the United States plans to hike tariffs on another $325 billion in Chinese imports following its 25% tariff hikes on..
  • S. Korea’s economy contracts 0.3% in Q1, worst since global financial crisis

  • By AsiaToday reporter Im Cho-rong South Korea’s first-quarter GDP shrank 0.3 percent from the previous quarter, the first decline in five quarters and..
  • Gov’t seeks 6.7 tln won extra budget to curb fine dust, boost economy

  •  By AsiaToday reporter Ahn Jong-ho The government has drawn up a 6.7 trillion-won (US$5.9 billion) supplementary budget. This is the third extra..
  • S. Korea to spend 2 tln won to curb fine dust, 100 bln won for Gangwon fire recovery

  •  By AsiaToday reporter Yoo Jae-heeThere are opinions that expenditures on the latest blaze in Gangwon Province should be included in a supplementary b..
  • Gov’t to reform 20-year-old preliminary feasibility study method

  • By AsiaToday reporter Ahn Jong-ho The government has decided to reform the preliminary feasibility study method for the first time in 20 years to prom..
  • National debt reaches 1,682 tril. won & More than half comes from pension liabilities

  • By AsiaToday reporter Yoo Jae-heeSouth Korea’s national debt is rising fast, worsening its financial health. Its national debt hit a record high last year,..
  • 2020 budget plan focuses on reviving economy, strengthening social safety net

  • By AsiaToday reporter Ahn Jong-ho South Korea’s budget for 2020 will be focused on reviving the economy. In addition, the government plans to strength..
  • Gov’t to permanently suspend geothermal power plant project that triggered 2017 Pohang quake

  • By AsiaToday reporter Choi Hyun-min The government will permanently suspend the geothermal power plant project that triggered the country’s second-lar..
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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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