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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..

  • 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..
  • Bank of Korea lifts benchmark interest rate to 0.75%

  • AsiaToday reporter Lee Ji-sun The Monetary Policy Board of the Bank of Korea (BOK) decided to raise its key rate to 0.75 percent from 0.5 percent, end..
  • Inflation fears rise as consumer prices continue to surge

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s consumer prices rose more than two percent for the fourth consecutive month in July, affecting people’s everyda..
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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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