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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'..

  • Gov’t to supply 2.7 million homes over 5 years

  • AsiaToday reporter Lee Ji-hoonThe government will supply 2.7 million new homes in the next five years, including 500,000 homes in Seoul. In order to do thi..
  • Gov’t to stabilize food prices ahead of Chuseok

  • AsiaToday reporter Lee Ji-hoonFood prices continue to rise significantly. Last month, the eating-out prices saw the highest increase in nearly 30 years, an..
  • Fed’s giant step puts US interest rates above S. Korea’s

  • AsiaToday reporter Lee Jae-ahU.S. Federal Reserve has taken another ‘giant step’ on Wednesday, pushing the U.S. interest rates above South Korea’s benchmar..
  • Gov’t unveils tax cut plan aimed at supporting firms and people’s livelihoods

  • AsiaToday reporter Lee Ji-hoonThe Yoon Suk-yeol government has decided to ease the tax burden on individuals by approximately 13 trillion won (US$9.9 billi..
  • Gov’t announces measures to tackle people’s housing cost burden

  • AsiaToday reporter Lee Chul-hyunThe government has announced a package of measures to tackle people’s housing cost burden, such as freezing interest rates..
  • S. Korea to raise electricity rate next month

  • AsiaToday reporter Choi Won-youngSouth Korea’s average power bill for a four-person household will rise by 2,220 won per month and around 2,220 won will be..
  • KOSPI below 2,500 as US Fed decision looms

  • AsiaToday reporter Oh Kyung-hee South Korea’s main stock market fell below 2,500 on Tuesday, amid growing concerns over monetary tightening in the Uni..
  • S. Korea’s national debt in 2021 reaches all-time high

  • AsiaToday reporter Im Cho-rongSouth Korea’s national debt exceeded 2,100 won trillion won last year as the country implemented expansionary fiscal spending..
  • S. Korea’s home supply scheme falters

  • AsiaToday reporter Lee Chul-hyunThere is growing concern that the government’s large-scale housing supply plan in Seoul and the greater capital region aime..
  • Government reviews raising inflation forecast to 2% range

  • AsiaToday reporter Son Cha-min  The South Korean government is considering raising the consumer price inflation forecast for next year to the 2.0..
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PEOPLE

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people

"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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