KB News DeskSeoul assessing impact of expanded US sanctions on Iran
South Korea is assessing the potential impact of Washington’s sweeping new sanctions campaign against Iran, the Ministry of Foreign Affairs said Tuesday, as concerns grow that the measures could push…
Korea stock rally opens door to rerating: Nomura economist
HIT Forum panelist Park Jeong-woo sees gains from chips and governance reforms, but says broader growth is needed for sustained premium Korea’s stock market may be starting to shed its…
Ruling party calls for expansionary fiscal policy
DP seeks full tuition support for students at regional national universities, all-time high subsidies for electric vehicles The ruling Democratic Party of Korea called for expansionary fiscal policy Tuesday, as…
Pianist Kim Saehyun looks beyond virtuosity after Long-Thibaud win
19-year-old’s album debut marks a shift toward greater freedom in his playing For 19-year-old pianist Kim Saehyun, the year since his Long-Thibaud Competition victory has been a period of rapid…
BOK faces close call on back-to-back rate hike
Stronger growth and core inflation support tightening, while firmer won and stock correction bolster case for pause The Bank of Korea is set to hold its next rate-setting meeting Thursday,…
New mortgage loans per borrower drop at sharpest clip in Q2
New mortgage loans per borrower dropped at the sharpest pace in the second quarter amid the government’s regulations to cool the overheated housing market, central bank data said Tuesday. Fresh…
KRX donates W50m for financial education in Busan
The Korea Exchange has donated 50 million won ($36,100) to provide financial education for people with developmental disabilities in Busan. KRX delivered the donation to Peach Market, an organization specializing…
Korea University tech holding firm clears losses, plans first dividend
Korea University’s technology holding company plans to pay dividends for the first time after wiping out accumulated losses with gains from startup investments. The move marks a milestone in the…
Korea, Mexico seek wider ties in AI, role as middle powers
South Korean Foreign Minister Cho Hyun met his Mexican counterpart Roberto Velasco in Seoul on Monday to discuss expanding bilateral cooperation and strengthening coordination between the two middle powers. During…
Hanwoo producers oppose market opening to Brazilian beef
The Hanwoo Association has launched a campaign opposing the government’s push to expand beef imports through a possible Korea-Mercosur free trade agreement and the opening of the Brazilian beef market.…
