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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 waives feasibility studies for 24 tln won worth of projects

  • By AsiaToday reporter Ahn Jong-ho The government will exempt feasibility studies to revitalize regional economies.The decision was announced at a pres..
  • Gov’t hikes assessed value of houses worth over 2.5 billion won by 36 percent

  • By AsiaToday reporter Cheong Ah-reum The Ministry of Land, Infrastructure and Transport has hiked this year’s appraised prices of standard detached ho..
  • Gov’t pledges 35 trillion won for small merchants and consumers

  • By AsiaToday reporter Ahn Jong-ho The government will cooperate with the financial sector to allocate 35 trillion won worth of support to improve peop..
  • Two years after the Hanjin collapse, Korean shipbuilding industry is losing ground

  • By AsiaToday reporter Moon Noo-riAbout two years ago, Hanjin Shipping Co., at the time the world’s seventh largest container carrier, sought bankruptcy pro..
  • Gov’t to create 155,000 homes in areas near Seoul

  • By AsiaToday reporter Cheong Ah-reum Sites for new towns and cities near Seoul to supply 155,500 homes have been revealed.The Ministry of Land, Infras..
  • Finance minister vows to reflect market voice in economic policy

  • By AsiaToday reporter Ahn Jong-ho“The policy that differed from the market expectation will be complemented with the voice of the field,” said the new depu..
  • Finance minister nominee says he will focus on reinvigorating economy

  • By AsiaToday reporter Ahn Jong-ho“Innovation-based growth is important for national growth, and income-led growth is important to create a country where pe..
  • KOSPI sinks below 2,000 for 1st time in 22 months

  • By AsiaToday reporters Jung Dan-biThe benchmark Korea Composite Stock Price Index (KOSPI) lost the psychologically-important 2,000 mark for the first time..
  • Gov't unveils new measures to boost economy

  • By AsiaToday reporter Cho Sang-eun The government has unveiled a set of measures that will bolster private investment and generate new jobs amid the s..
  • Gov't imposes tougher taxes on properties to curb speculative buying

  • By AsiaToday reporter Cho Sang-eun The government on Thursday unveiled a set of tough measures aimed to curb property speculation.Under the new measur..
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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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