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Monday, Oct, 12, 2026

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ECONOMY

  • Foreign reserves fall for first time in four months as FX deposits shrink, dollar strengthens

    South Korea's foreign exchange reserves decreased by 1.72 billion dollars last month, turning downward for the first time in four months. While returns on foreign currency asset management were generated, foreign currency deposits by financial institutions shrank, and assets were entrusted to the Korea-U.S. Strategic Investment Corporation. Continued strengt..

  • Share of record-high apartment sales in Seoul metro area hits yearly low at 9.7%

  • In the metropolitan area apartment market last month, ahead of the implementation of the capital gains tax heavy imposition, some urgent properties were tr..
  • Currency spike drives bank bond rates up

  • [After-report] U.S. warship market opens; K-shipbuilding fears three years ahead

  • The atmosphere in the shipbuilding industry is hotter than ever. The United States is reviewing ways to utilize allied shipyards, and discussions on Korea-..
  • [Exclusive] Hyundai E&C sets up New Zealand branch to expand Oceania presence

  • Hyundai Engineering & Construction has embarked on expanding its Oceania energy and housing businesses by establishing a branch in New Zealand, followi..
  • Shadows of high prices and labor strikes cloud Lee’s first year stock gains

  • One year into the Lee Jae-myung administration, the South Korean capital market is navigating an unprecedented era. The KOSPI market, which had long stagna..
  • Korea's exports surge on chip rally as nation eyes $1 trillion mark

  • As the semiconductor supercycle continues, projections suggest that South Korea's annual exports could surpass $1 trillion for the first time in history.An..
  • Opinions diverge over how to use surplus tax revenue

  • With the semiconductor industry boom pushing national tax revenue tracks ahead of expectations, various utilization plans regarding the surplus tax revenue..
  • Mideast war stokes oil rally, sending CPI past 3%

  • The prolonged war in the Middle East drove the increase in consumer prices last month to a 26-month high. As conflict in the Middle East led to a surge in..
  • Mideast supply crunch hits SMEs with soaring costs and empty inventories

  • As the situation in the Middle East grows unstable, domestic small and medium-sized enterprises (SMEs) have been pushed to the brink due to difficulties in..
  • Wall Street dismisses AI bubble; further IPOs expected

  • U.S. stock markets, including the S&P 500 and the Nasdaq composite, are hitting fresh all-time highs. While some investors warn of overheating, drawing..
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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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