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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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G7 Agrees to Release 100 Million Barrels of Strategic Reserves to Tame Surging Fuel Prices: PARIS — In an urgent coordinated effort to combat soaring global energy costs, the Group of Seven (G7) industrialized nation ...; Hwang Sujin Reporter 2026.10.03

"Unstoppable" Seoul Apartment Prices Set Record Streak at 86 Weeks of Continuous Growth: SEOUL — Seoul's apartment prices have broken a historical milestone, marking an unprecedented 86 consecutive weeks of upward ...; Global Economic Times Reporter 2026.10.03

Kospi Opens Lower Cautiously Ahead of US Jobs Data; Tech Giants Diverge: SEOUL — The South Korean stock market opened lower on Friday, weighed down by strong cautious sentiment ahead of the crucial ...; Kim Young Min Reporter 2026.10.03

Samsung SDI Unveils Cylindrical LFP Battery for the First Time: Samsung SDI has unveiled a battery solution tailored for artificial intelligence (AI) data centers, officially making its move to ...; KO YONG-CHUL Reporter 2026.09.30

30-Pyeong Gangnam Apartments for 300 Million Won... Can "Half-Price Apartments" Become a Reality?: Calls are continuously emerging to introduce so-called "half-price apartments"—known as land-lease housing, where buyers pur ...; Hwang Sujin Reporter 2026.09.30

Strengthening Out-of-Region Delinquent Tax Collection Through Field-Centered Management: Chungcheongnam-do announced on the 29th that it is shifting and expanding its conventional paper- and system-centric delinquent ta ...; HONG MOON HWA Senior Reporter 2026.09.29

Ontong Daejeon October–November Maximum 15% Cashback: Pay at Good Price Designated Stores for 5%… Additional cashback cannot be combined -The City of Daejeon will continue to su ...; Yim Kwangsoo Correspondent 2026.09.29

Rising Jeonse Prices Prompt “Let’s Just Buy Instead”… Seoul’s Outskirt House Prices Also Rising: As the upward trend in Seoul’s apartment jeonse (lump-sum housing lease) prices continues, sales prices are also rising, cen ...; Kim Young Min Reporter 2026.09.29

Samsung Electronics, AI Home Appliance Subscription Fully Overhauled in 2 Years⋯Expanding Beyond Newlyweds and Seniors to B2B: Marking the 2nd anniversary of the launch of its home appliance subscription service, Samsung Electronics is expanding its busines ...; Hwang Sujin Reporter 2026.09.29

Yangyang Pine Mushroom Auctions Resume... Grade 1 Priced at 909,600 Won per Kg: The price of Yangyang pine mushrooms has fallen below 1 million won per kg after auctions were suspended for a single day on Chuse ...; Yim Kwangsoo Correspondent 2026.09.27

Haman Rest Area (Suncheon-bound) Commission Rate at 46.5%… Third Highest Nationwide: It has been revealed that the sales commissions burdened by stores inside expressway rest areas in Gyeongnam are substantial. The ...; Global Economic Times Reporter 2026.09.27

Soraepogu Support Center Opens Wide… Park Chan-dae: “Expectations for Fish Market Revitalization”: Ahead of the Chuseok holiday, citizens continued to visit to purchase seafood. Merchants were busy explaining seafood prices and c ...; Hwang Sujin Reporter 2026.09.24

OECD Raises Korea's Growth Outlook to 3.7%: The Organisation for Economic Co-operation and Development's (OECD) outlook on the South Korean economy has changed significantly ...; Global Economic Times Reporter 2026.09.24

"U.S. Pushes for Institutionalizing Virtual Assets, While South Korea Treats Them Like Entertainment and Casinos": It has been found that the South Korean government still classifies "blockchain-based virtual asset trading and brokerage" as an i ...; KO YONG-CHUL Reporter 2026.09.23

Samsung Electronics Jumps 3.25% Ahead of Chuseok Holiday; SK Hynix Also Gains 1.2%: On September 23, Samsung Electronics and SK Hynix closed higher side-by-side on the eve of the Chuseok holiday. The investment sen ...; Global Economic Times Reporter 2026.09.23

Soaring Telecom Fee Reductions Exceed 1.5 Trillion Won: Private Companies Shoulder National Welfare Burden: As South Korea's society rapidly ages, the financial burden of mandatory telecom fee reductions for vulnerable groups is reaching ...; ONLINE TEAM 2026.09.23

Alibaba Accelerates Full-Stack AI Strategy: Targeting 10-Trillion-Parameter Models and 20GW Data Centers: Alibaba Group has unveiled an ambitious full-stack artificial intelligence roadmap at its annual flagship technology event, the Ap ...; Hwang Sujin Reporter 2026.09.23

ADB Upgrades Korea’s Growth to 3.2% and Taiwan’s to 11.0%: A Widening Gap Amid Shared Semiconductor Tailwinds: The Asian Development Bank (ADB) has revised its economic growth forecast for South Korea this year to 3.2%, marking a 0.6 percent ...; Kim Sungmoon Reporter 2026.09.23

South Korean Consumers Brace for Higher Rates as September Sentiment Rebounds on Export Hopes: South Korean consumers' expectations regarding future interest rates have climbed to their highest level in nearly three years, dr ...; Cho Kijo Reporter 2026.09.23

Chuseok Highway Gas Price Discount Sparks Fairness Debate and Protests from Local Gas Station Owners: As the South Korean government announced a plan to lower fuel prices by 100 won per liter at highway gas stations during the Chuse ...; Kim Sungmoon Reporter 2026.09.23

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