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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 to tackle youth unemployment with KRW 4 trillion won extra budget plan

  • By AsiaToday reporter Cho Sang-eun The South Korean government aims to tackle chronic youth unemployment by trying every possible method, including bolder..
  • Gov't to discuss support plan with GM

  • By AsiaToday reporter Choi Won-youngThe government will meet with GM International chief Barry Engle to discuss support measures for GM Korea in earnest. S..
  • S. Korea to dismiss 274 public employees involved in solicited employment

  • By AsiaToday reporter Kim Eun-sung274 executives and senior officials at public firms will be fired or referred to state prosecutors due to involvement in..
  • S. Korea seeks global alliance against trade protectionism

  • By AsiaToday reporter Choi Won-youngSouth Korean Trade Minister Kim Hyun-chong, who flew to Davos in search of countermeasures against the US trade protect..
  • S. Korea to file WTO petition against U.S. safeguard measures

  • By AsiaToday reporter Choi Won-youngThe government plans to file a petition with the World Trade Organization (WTO) against the U.S. government for imposin..
  • S. Korea to curb cryptocurrency speculation, but to support blockchain R&D

  • By AsiaToday reporter Choi Tae-beom The South Korean government vowed Monday to keep pushing for real-name transactions and to deal sternly with illegal ac..
  • S. Korean gov't unveils "people-centered" economic directives

  • By AsiaToday reporter Jo Sang-eun The South Korean government's direction of its 2018 economy policies is focused on realizing the people-centered economy...
  • The era of ultra-low interest rates comes to an end

  • By AsiaToday reporter Kim Bo-yeonThe era of ultra-low interest rates has come to an end. The Bank of Korea (BOK) has raised interest rates for the first ti..
  • Gov't to offer rental houses for 160 households hit by Pohang quake

  • By AsiaToday reporter Jeong Ah-reumThe South Korean government has decided to support rental housing for at 160 households, that are affected by the quake..
  • BOK chief says N. Korea risks and currency policies should be closely monitored

  • By AsiaToday reporter Im Cho-rong The chief of South Korea's central bank said that the North Korean nuclear risks and the monetary policies of major econo..
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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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