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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'..

  • One fifth Seoul homeowners face comprehensive real estate tax

  • AsiaToday reporter Lee Ji-hoonOne in five homeowners in Seoul is expected to pay comprehensive real estate taxes this year as housing prices and tax rates..
  • S. Korea's central bank raises rate to 1%

  • AsiaToday reporter Kim Yoon-jooThe Bank of Korea (BOK) raised its key policy rate Thursday by 0.25 percentage point to 1 percent, putting an end to 20 mont..
  • More people subject to comprehensive real estate tax

  • AsiaToday reporter Lee Ji-hoonThe number of people subject to the country’s state-assessed price value for homes has sharply increased to nearly 950,000 th..
  • High-interest loans taken by self-employed surge

  • AsiaToday reporter Son Cha-min  As the difficulties of the self-employed have been prolonged due to the pandemic and the quarantine measures, the..
  • Nation’s top 100 firms’ dependence on overseas sales rises

  • AsiaToday reporter Hong Sun-miSouth Korea’s top 100 companies’ sales grew faster in the first half of this year than before pandemic, however their depende..
  • KEPCO to announce Q4 electric bills

  • AsiaToday reporter Kwon Han-ilThe government and state-run utility Korea Electric Power Corp. (KEPCO) will decide Thursday whether to raise electricity bil..
  • Nearly half of listed companies cut workforce in H1

  • AsiaToday reporter Hong Sun-miNearly half of South Korea’s listed companies cut their workforce in the first half of the year in the aftermath of the coron..
  • S. Korea’s tax revenue increases more than 55 tln won in Jan.-July from year ago

  • AsiaToday reporter Lee Ji-hoonThe government’s total tax revenue in the first seven months of this year jumped more than 55 trillion won (US$47 billion) fr..
  • Four out of 10 self-employed considers closing their businesses

  • AsiaToday reporter Park Ji-eun Four in 10 small business owners are found to be considering closing their businesses after the resurgence of COVID-19,..
  • Gov’t proposes W604tr ‘super budget’ for 2022

  • AsiaToday reporter Lee Ji-hoonThe South Korean government has proposed a record high budget of more than 600 trillion won for next year as it plans to main..
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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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