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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..

  • Samsung chairman Lee Kun-hee dies at 78

  • AsiaToday reporter Jeong Seok-manA great star in the Korean business community has fallen. Samsung Group Chairman Lee Kun-hee died at the age of 78 at Sams..
  • S. Korea plans to limit debt-to-GDP ratio at 60% from 2025

  • AsiaToday reporter Lee Ji-hoon The government plans to limit debt at 60 percent of gross domestic product and its fiscal deficit at 3 percent from 202..
  • Social distancing rules to be eased in greater Seoul

  • AsiaToday reporter Yoon Seo-youngThe South Korean government decided to scale down the level of social distancing in the wider Seoul area starting Monday u..
  • S. Korea unveils 4th extra budget of 7.8 tln won to help small businesses

  • AsiaToday reporter Cho Sang-eun The fourth extra budget is mainly aimed at helping vulnerable industries such as small business owners, and low-income..
  • Moon holds a meeting on New Deal strategy

  • AsiaToday reporter Lee Jang-won The South Korean government has come up with a plan Thursday to set up the Korean New Deal fund worth of 190 trillion..
  • S. Korea drafts super budget to save pandemic-hit economy

  • AsiaToday reporter Cho Sang-eun South Korea’s government on Tuesday proposed a super budget for 2021 to overcome the COVID-19 crisis and to successful..
  • Moon stresses emergency economic response

  • AsiaToday reporter Lee Jang-won As South Korea is preparing for another potential wave of mass new coronavirus infections, attention is now focused on..
  • 623 COVID-19 cases linked to Sarang Jeil Church

  • AsiaToday reporter Jang Ji-young The COVID-19 outbreaks linked to religious gatherings in the greater Seoul area are spreading across the nation. Sout..
  • S. Korea tops OECD’s 2020 growth rate forecast

  • AsiaToday reporter Lee Ji-hoon The Organization for Economic Cooperation and Development (OECD) raised its growth outlook for the South Korean economy..
  • Gov’t new supply plan seen as inconsistent

  • AsiaToday reporter Lee Chul-hyun The government is expected to push forward in its latest housing supply plan of providing 260,000 homes in and around..
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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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