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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..

  • Property taxes to rise sharply in Seoul’s affluent regions

  • By AsiaToday reporter Cheong Ah-reum The average government-declared value of apartment houses in Seoul rose 14 percent compared to a year ago, the hi..
  • Worst fine dust blankets Korea

  • By AsiaToday reporter Ahn Jong-ho A fine dust watch has been issued along the East Sea in Gangwon Province, which is well known for its clean air, for..
  • Gov’t unveils plans for building smart cities in Sejong, Busan

  • By AsiaToday reporter Cheong Ah-reum Lee, a 27-year-old man living in the Busan Eco-Delta City in 2022, parks his car at the entrance of a smart parki..
  • Gov’t hikes appraisal prices of expensive regions

  • By AsiaToday reporter Cheong Ah-reum The South Korean government hiked appraisal land prices of Seoul by almost 14 percent in 2019 compared to last ye..
  • Gov’t waives feasibility studies for 24 tln won worth of projects

  • By AsiaToday reporter Ahn Jong-ho The government will exempt feasibility studies to revitalize regional economies.The decision was announced at a pres..
  • Gov’t hikes assessed value of houses worth over 2.5 billion won by 36 percent

  • By AsiaToday reporter Cheong Ah-reum The Ministry of Land, Infrastructure and Transport has hiked this year’s appraised prices of standard detached ho..
  • Gov’t pledges 35 trillion won for small merchants and consumers

  • By AsiaToday reporter Ahn Jong-ho The government will cooperate with the financial sector to allocate 35 trillion won worth of support to improve peop..
  • Two years after the Hanjin collapse, Korean shipbuilding industry is losing ground

  • By AsiaToday reporter Moon Noo-riAbout two years ago, Hanjin Shipping Co., at the time the world’s seventh largest container carrier, sought bankruptcy pro..
  • Gov’t to create 155,000 homes in areas near Seoul

  • By AsiaToday reporter Cheong Ah-reum Sites for new towns and cities near Seoul to supply 155,500 homes have been revealed.The Ministry of Land, Infras..
  • Finance minister vows to reflect market voice in economic policy

  • By AsiaToday reporter Ahn Jong-ho“The policy that differed from the market expectation will be complemented with the voice of the field,” said the new depu..
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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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