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2026.10.23 (Fri)
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Seoul's Housing Market Enters a Cooling Phase, Yet Rental Strains and Skyrocketing One-Room Rents Deepen Urban Housing Anxiety

SEOUL — While Seoul’s apartment sales market is showing initial signs of taking a breather after a prolonged rally, the city's rental sector is moving in the opposite direction, intens
Japan’s Three Megabanks to Skip Third Batch of U.S. Semiconductor Investments Amid Dollar Funding Squeeze

TOKYO — In a notable shift in cross-border financing, Japan’s three major financial institutions have decided to step back from participating in the upcoming wave of U.S.-bound investments

Companies Stating Greenhouse Gas Reduction Plans Borrowed Money Cheaper

As global greenhouse gas emissions show little sign of slowing down, the United Nations has warned that the global average temperature could rise by 2.8°C compared to pre-industrial levels. The 1.

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Entering the 800 Trillion Won Budget Era: Minister Park Outlines Strategic Focus on Youth, Regional Growth, and Three Mega Projects: SEOUL — Minister of Fiscal Planning and Budget Park Hong-keun announced on July 13 that South Korea is set to enter an unpre ...; KO YONG-CHUL Reporter 2026.07.13

Foreign Investors Return But Sell Off 'Samsung & Hynix' as Price Target Cuts Fuel KOSPI Peak Concerns: SEOUL — Despite a shift to net buying by foreign investors for the first time in 14 trading days, South Korea’s benchm ...; Kim Sungmoon Reporter 2026.07.09

SpaceX Faces Market Reality Check as Stock Plummets Below Day-One Closing Price: NEW YORK — Shares of Elon Musk’s aerospace giant, SpaceX, slipped below their debut-day closing price on Wednesday, ra ...; Ana Fernanda Reporter 2026.07.09

K-Bank’s Lending to Sole Proprietors Surpasses 5 Trillion Won, Fueled by Strategic Pivot to Secured Loans: SEOUL — K-Bank, one of South Korea's prominent internet-only banks, has officially crossed the milestone of 5 trillion won i ...; KO YONG-CHUL Reporter 2026.07.09

Shake Shack Celebrates 10th Anniversary in Korea with Exclusive 'Heritage Collection' Collaboration: SEOUL — In a milestone celebration marking a decade of success in the South Korean market, Shake Shack, the renowned global ...; Global Economic Times Reporter 2026.07.03

NH NongHyup Life Insurance Leads Landmark 165 Billion Won Project Finance for Eco-Friendly BESS in Gwangyang: GWANGYANG, South Korea — In a historic move for the South Korean insurance sector, NH NongHyup Life Insurance (NH Life) anno ...; Kim Young Min Reporter 2026.07.01

Yen and Won Hit Critical Lows as 'Strong Dollar' Fears Grip Asian Markets: In a startling development that has sent shockwaves across Asian financial markets, the Japanese yen has plummeted to its lowest l ...; KO YONG-CHUL Reporter 2026.07.01

Algorithms Over Quality: How Platform Self-Preferencing Distorts Consumer Choices: A recent study by the Korea Fair Trade Commission (KFTC) has confirmed that online platforms can significantly influence consumer ...; Kim Young Min Reporter 2026.06.29

Kioxia Employees Join Ranks of Multi-Millionaires Amidst Semiconductor Boom: TOKYO — In an extraordinary turn of events that has captured the attention of the Japanese financial market, approximately 6 ...; Hwang Sujin Reporter 2026.06.29

Bitcoin Bet Backfires: KOSDAQ Firms Face Delisting Risks Amidst Heavy Losses: The prolonged downturn in the virtual asset market is exerting immense pressure on corporate balance sheets that had previously pi ...; Kim Young Min Reporter 2026.06.29

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions: SEOUL — The South Korean government announced a decisive reduction in the maximum price caps for petroleum products, effecti ...; Yim Kwangsoo Correspondent 2026.06.27

Political Debates Spark Over Semiconductor "Windfall" Redistribution: As South Korea’s semiconductor industry rides the crest of an unprecedented AI-driven boom in 2026, a contentious debate has ...; Hee Chan Kim Reporter 2026.06.27

Global Markets Expected to Continue AI-Driven Rally in H2 2026: The Korea Center for International Finance (KCIF) released its "Global Economic and Financial Market Outlook for the Second Half o ...; Desk 2026.06.27

Labor and Management Begin Fierce Tug-of-War Over 2027 Minimum Wage: The annual battle over South Korea's minimum wage has officially commenced, with labor and management presenting starkly different ...; Yim Kwangsoo Correspondent 2026.06.24

National Pension Service (NPS) Announces Ambition to Enter "Fund-Type" Retirement Pension Market: SEOUL — Kim Sung-joo, Chairman and CEO of the National Pension Service (NPS), officially declared the organization’s i ...; KO YONG-CHUL Reporter 2026.06.24

Black Tuesday: South Korea’s Semiconductor Giants Suffer Historic 17-Year Plunge: SEOUL — The South Korean stock market endured a day of profound volatility on Tuesday, as its twin pillars of industrial str ...; Desk 2026.06.24

Korean Banks Launch 'Youth Future Savings' Account Offering Up to 8% Interest: As of June 22, 2026, major South Korean banks have officially launched the "Youth Future Savings" account, a government-backed pol ...; Hwang Sujin Reporter 2026.06.22

Financial Services Commission Accelerates Sanctions Against Lotte Card Over Massive Data Breach: The Financial Services Commission (FSC) of South Korea has officially initiated formal proceedings to finalize sanctions against L ...; Desk 2026.06.22

KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won: The South Korean stock market reached a historic landmark on June 19, 2026, as the benchmark KOSPI index shattered the 9,300-point ...; Global Economic Times Reporter 2026.06.20

Why Gas Prices in South Korea Remain Above 2,000 Won Despite U.S.-Iran Cease-fire: Despite the recent breakthrough in the U.S.-Iran conflict and a subsequent drop in international oil prices, South Korean motorist ...; Global Economic Times Reporter 2026.06.20

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