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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..

  • 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..
  • Gov’t unveils plans for building smart cities in Sejong, Busan

  • By AsiaToday reporter Cheong Ah-reum Lee, a 27-year-old man living in the Busan Eco-Delta City in 2022, parks his car at the entrance of a smart parki..
  • Gov’t hikes appraisal prices of expensive regions

  • By AsiaToday reporter Cheong Ah-reum The South Korean government hiked appraisal land prices of Seoul by almost 14 percent in 2019 compared to last ye..
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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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