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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'..

  • 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..
  • 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..
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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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