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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..

  • 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..
  • 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..
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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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