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Thursday, Jun, 18, 2026

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ECONOMY

  • Harim absorbs HBC under prosecution probe, sparking row over escaping liability

    It has been revealed that Harim absorbed and dissolved its wholly-owned subsidiary, HBC, which was under investigation by the prosecution, prior to any indictment. HBC is a corporate entity that was being investigated over allegations of overreceiving culling compensations for Avian Influenza (AI). Although Harim publicly disclosed the purpose of the merger..

  • High-end Seoul homes face tax surge

  • Owners of high-end apartments in Seoul’s most sought-after districts, including Gangnam, Seocho and Songpa, are expected to face a sharp increase in proper..
  • Korean stocks surge on easing oil prices

  • South Korea’s benchmark KOSPI index surged nearly 3% at the opening on Tuesday, reclaiming the 5,700 level as investor sentiment improved following a drop..
  • High oil and strong dollar raise stagflation fears

  • Rising geopolitical tensions in the Middle East are pushing global oil prices and the Korean won–U.S. dollar exchange rate sharply higher, raising concerns..
  • Korea imposes fuel price ceiling after 29 years

  • The South Korean government has set the first price ceiling for gasoline at 1,724 won per liter as it moves to curb surging oil prices by introducing a pet..
  • Korea eyes supplementary budget amid Middle East risks

  • The South Korean government has officially signaled plans to prepare a supplementary budget as rising geopolitical risks in the Middle East threaten to pus..
  • Korea’s GNI stalls in $30,000 band as experts urge reforms

  • South Korea’s per capita income has remained in the $30,000 range for more than a decade, as high exchange rates and slowing economic growth continue to li..
  • KOSPI rebounds sharply as retail investors snap up battered stocks

  • South Korea’s benchmark KOSPI index rebounded sharply on March 5, recovering much of its recent losses as bargain hunters stepped in following two days of..
  • Industrial production declines as spending and investment rise

  • South Korea’s industrial production declined in January due largely to reduced semiconductor output, but consumer spending and facility investment rebounde..
  • Dollar surges as Iran conflict pushes won to 17-year low

  • The South Korean won weakened sharply against the U.S. dollar overnight, briefly surpassing the 1,500-won mark for the first time in about 17 years as inve..
  • Chip boom drives Korea exports to new high

  • South Korea’s exports surged to a record high in February, driven by robust semiconductor shipments fueled by strong artificial intelligence demand.Accordi..
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PEOPLE

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people

"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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