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2026.11.11 (Wed)
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The Generational Wealth Divide: Why Young South Koreans Are Resentful Over the Basic Pension System

SEOUL — In an era defined by economic uncertainty and mounting living costs, a growing policy debate is intensifying across South Korea. At the heart of the friction is a stark contrast: young p
"Wiped Out 90%": Why Retail Traders Refuse to Quit High-Risk Leverage Despite Brutal Market Rout

"When the first 10% loss hit, I convinced myself it was just a routine correction and that the market would bounce right back," shared an anonymous office worker on a popular corporate com

Chungcheongbuk-do Launches TF to Drive the "Regional Revitalization Investment Fund"

Chungcheongbuk-do held the kickoff meeting for the "Regional Revitalization Investment Fund" Task Force at the provincial office on the 10th, presided over by Vice Governor for Economic Af

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Oil Nears $100: How Long Can South Korea’s Fuel Price Ceiling Withstand Middle East Strains?: As geopolitical instability in the Middle East deepens and tensions escalate around the vital Strait of Hormuz, international crud ...; Ana Fernanda Reporter 2026.09.10

National Pension Retroactive Contributions Surge in South Korea Amid Exploitation Concerns: SEOUL — South Korea is witnessing a sharp resurgence in applications for retroactive national pension contributions, a syste ...; Hwang Sujin Reporter 2026.09.10

Rise of the Semiconductor Rich: How Tech Salaried Workers Are Redefining Wealth and Challenging Traditional Elites: The traditional social ladder in South Korea is undergoing a structural shift. For decades, the path to elite social status and ge ...; Desk 2026.09.09

Vanishing ATMs: South Korea's Cash Accessibility Under Threat as Convenience Stores and Banks Scale Back Machines: The physical cash infrastructure in South Korea is shrinking at an unprecedented pace. As mobile banking adoption accelerates and ...; Global Economic Times Reporter 2026.09.09

National Pension Service’s Dementia-Safe Property Management Service Sees Surge in Applications: The National Pension Service (NPS) of South Korea announced that applications for its "Dementia-Safe Property Management Support S ...; Yim Kwangsoo Correspondent 2026.09.08

Won Falls into the 1,330-Won Range Amid Strong Exporter Selling, Rebounds Slightly Following National Pension's FX Hedging Halt: On September 7, the South Korean won-to-US dollar exchange rate plummeted to the 1,330-won range for the first time in approximate ...; Kim Young Min Reporter 2026.09.08

Nike Faces Ouster from S&P 100 as Stock Plunges 78% from Peak: Once reigning supreme as an unrivaled titan in the global sportswear industry, Nike is now facing a historic downturn. The company ...; Graciela Maria Reporter 2026.09.08

U.S. 10-Year Treasury Yield Nears 5% Threshold: Bond Market on Edge Amid Heavy Issuance and Inflation Data: The global financial market is gripped by growing tension as the yield on the 10-year U.S. Treasury note approaches the critical 5 ...; Global Economic Times Reporter 2026.09.08

NAND Market Surges 70%... 'Samsung and Hynix' Sweep Global 1st and 2nd Places: The global NAND flash market showed a steep growth trend, surging 70% compared to the previous quarter, with Samsung Electronics a ...; Global Economic Times Reporter 2026.09.05

Youth Employment Subsidies Up to 18M KRW… Self-Employed to Receive 1.5M KRW Childcare Allowances: Starting next year, eligibility for the Youth Job Leap Incentive will expand to include young job seekers in the capital region, w ...; Hwang Sujin Reporter 2026.09.02

South Korea Unveils Record 821 Trillion Won Budget for 2027: The South Korean government has finalized its draft budget for 2027, setting a record-high total expenditure of 820.9 trillion won ...; KO YONG-CHUL Reporter 2026.09.02

'Nuclear Submarine' Receives 100B Won as Defense Budget Surpasses 70 Trillion Won for the First Time: The government’s proposed defense budget for next year has surpassed 70 trillion won for the first time in history. The defe ...; Hwang Sujin Reporter 2026.09.02

Concerns Over Earnings Illusion: "AI Big Tech Sees $220 Trillion in Equity Valuation Gains from Stakes in Other Companies": Amid persistent criticism that US Big Tech's investments in artificial intelligence (AI) are excessive relative to their profitabi ...; Graciela Maria Reporter 2026.09.01

Seoul's Average Apartment Prices Surpass 1.6 Billion Won as Real Estate Surge Spreads from Gangnam to Outlying Districts: SEOUL — The upward momentum of Seoul's housing market is shifting its axis. While high-end apartment prices in core Gangnam ...; Desk 2026.08.28

Beyond China’s Ambition: Will YMTC’s Push to Overtake Samsung and SK Hynix Become Reality?: China’s largest NAND flash memory manufacturer, Yangtze Memory Technologies Corp (YMTC), has recently sparked intense global ...; Hee Chan Kim Reporter 2026.08.28

Global Financial Markets Tremble Under U.S. Treasury Yield Shock: A Debt Repayment Bill Delivered to Major Economies: As reported by the American political media outlet Axios, this sobering reality lies behind the recent weeks-long surge in long-te ...; Yongwon Ko Senior Reporter 2026.08.28

BOK Governor Shin Shin-song Emphasizes Stronger Won as Exchange Rate Dips into the 1,370-Won Range Following Back-to-Back Rate Hikes: The South Korean financial markets have entered a new phase of monetary tightening as the Bank of Korea (BOK) extended its hawkish ...; Yim Kwangsoo Correspondent 2026.08.28

Nvidia’s Stellar Earnings Spark KOSPI Rally, Nearing the Milestone 7,000 Mark: Seoul, August 27, 2026 — Buoyed by robust earnings from global artificial intelligence powerhouse Nvidia, South Korea's benc ...; Global Economic Times Reporter 2026.08.28

South Korea’s Net External Assets Hit 12-Year Low Amid Historic KOSPI Rally: South Korea's net international investment position (NIIP)—often referred to as the country’s "second foreign exchange ...; Desk 2026.08.20

Won-Dollar Exchange Rate Falls Below 1,400 Won, Returning to 1,300 Range After 11 Months: The South Korean won has strengthened significantly against the US dollar, breaking below the psychological threshold of 1,400 won ...; Hwang Sujin Reporter 2026.08.19

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