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Sunday, Nov, 8, 2026

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ECONOMY

  • KOSPI skids 6% after circuit breaker, clinging to 5,000 level

    South Korea's benchmark KOSPI plunged more than 8% during trading Friday, briefly falling below the 5,000-point mark before recovering some of its losses to close above 5,050. Foreign investors sold more than 2.7 trillion won worth of shares on a net basis amid a sharp sell-off in U.S. technology stocks, with semiconductor heavyweights Samsung Electronics an..

  • Foreigners shunned by mobile transactions

  • AsiaToday reporter Cho Eun-gukIt has been a long time since the number of foreigners living in South Korea exceeded 2 million. In other words, one out of e..
  • BOK freezes rate for 3rd straight time

  • AsiaToday reporter Jeong Geum-min South Korea’s central bank has lowered its economic growth forecast for this year to 1.4 percent from 1.6 percent Th..
  • Yoon puts top priority on revitalizing economy

  • AsiaToday reporter Lee Wook-jaePresident Yoon Suk-yeol has embarked on a high-intensity drive to overcome the economic recession at home and abroad, such a..
  • US Fed’s interest rate hike likely to end in May

  • AsiaToday reporter Kim Na-riThe U.S. Federal Reserve’s rate is expected to end as early as May as the recent global banking crisis has raised awareness of..
  • Yoon orders review of financial impact of SVB collapse

  • AsiaToday reporter Lee Wook-jaePresident Yoon Suk-yeol has ordered relevant agencies on Monday to closely review any possible impact the Silicon Valley Ban..
  • S. Korea’s January economic misery index hits record high

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s economic misery index in January climbed to a record high for the first time of the year, mainly due to continu..
  • Fed’s Powell signals few more hikes to go

  • AsiaToday reporter Lee Jang-wonThe Federal Reserve announced Wednesday that it had raised its key interest rate by 0.25 percentage points, returning to the..
  • S. Korea’s exports plunge on weak demand for chips

  • AsiaToday reporters Choi Won-young & Park Jin-sook Exports by South Korea fell 16.6 percent in January from a year earlier, casting dark shadows o..
  • S. Korea’s November exports drop 14%

  • AsiaToday reporter Choi Won-young South Korea’s exports dropped some 14 percent on-year in November, the second consecutive monthly decline. This is b..
  • Yoon unveils roadmap for space economy

  • AsiaToday reporter Lee Wook-jae South Korean President Yoon Suk-yeol unveiled a roadmap for the country’s ‘Future Space Economy’ on Monday, saying, “T..
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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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