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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 proposes record 471 trillion won budget for 2019

  • By AsiaToday reporter Cho Sang-eun The 2019 budget has been set at 470.5 trillion won (US$424 billion). In particular, the government allocated 3..
  • 6 out of 10 Gangnam apartments sold by non-Gangnam residents

  • By AsiaToday reporter Cheong Ah-reum The number of non-Gangnam residents buying an apartment in the affluent areas of southern Seoul known as Gangnam..
  • [Exclusive] Saudi Crown Prince may visit South Korea

  • By AsiaToday reporters Choi Won-young & Choi Hyun-minSaudi Arabia's de-facto ruler, Crown Prince Mohammad Bin Salman, is considering to visit South Kor..
  • S. Korea, UAE to set agricultural cooperation committee in October

  • By AsiaToday reporter Cho Sang-eun The government will seek to restore relations with the United Arab Emirates (UAE) by expanding cooperation in the a..
  • Samsung to invest 180 Tln Won and hire 40,000

  • By AsiaToday reporter Kim Kyu-bin Samsung plans to invest 180 trillion won (US$160 billion) over the next three years to revitalize the national econo..
  • Criticism mounts against government's power bill relief

  • By AsiaToday reporter Choi Won-youngThe National Assembly and the government have decided to temporarily ease Korea's progressive electricity rates for Jul..
  • S. Korea lowers growth estimate, set to spend more to revive economy

  • By AsiaToday reporter Cho Sang-eun South Korea's government lowered its growth estimate for the gross domestic product (GDP) for this year to 2.9 perc..
  • Gov't to provide housing support for newlyweds, youth

  • By AsiaToday reporter Cheong Ah-reum The government will provide housing support for 1.63 million households comprising newlyweds and young people by 2022...
  • KCCI to host Dialogue of Korean-Chinese Businesspeople

  • By AsiaToday reporter Kim Yoon-joo Korean and Chinese businesspeople and former government officials will meet to discuss economic cooperation between..
  • Gov't proposes 3.9 trillion-won extra budget to create jobs for youth

  • By AsiaToday reporter Cho Sang-eun The government on Thursday proposed a 3.9 trillion won (US$3.7 billion) extra budget for the youth employment and region..
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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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