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News
Seoul Metropolitan Area Sale and Jeonse Prices Continue to Rise..."Concerns Over Tax Reform Fueling Loophole Practices"
12+ hour, 13+ min ago (281+ words) Published 08 Aug.2026 07:00(KST) As both apartment sale prices and jeonse prices continue to rise in the Seoul metropolitan area, concerns are mounting that the government's recently announced real estate tax reform proposal may lead to a surge in various loophole-seeking…...
Global Heat Wave Drives Wheat, Sugar, and Oil Prices Higher, While Rice Remains Stable
4+ hour, 28+ min ago (446+ words) Published 08 Aug.2026 14:45(KST) Severe heat waves and abnormal weather across the globe have driven up international food prices. The prices of key grains and sugar have soared, while the cost of vegetable oils has also shown an upward trend. On…...
Choo Mi-ae: "Gyeonggi Province Covers 1.5 Trillion Won in Personnel Costs for National Firefighters, the Central Government's Responsibility"
6+ hour, 12+ min ago (221+ words) Published 08 Aug.2026 13:01(KST) Gyeonggi Province Governor Choo Mi-ae argued for reforming the system in which Gyeonggi Province covers most of the personnel expenses for national-level firefighters on August 8. She also pointed out, "Of the personnel expenses, which total around 1.1 trillion…...
KOSDAQ Slumped in July... Rising Hopes for a Turnaround in August [Weekend Money]
7+ hour, 36+ min ago (323+ words) Published 08 Aug.2026 11:37(KST) Last month, the trading volume on the KOSDAQ shrank to its lowest level in 11 months. The concentration of trading in single-stock leveraged Exchange-Traded Funds (ETFs) appears to have dealt a direct blow to the KOSDAQ market. However,…...
Mayor Kim Wonki Vows "Not a Single Penny of Citizens' Tax Money Will Be Wasted"... Comprehensive Audit of Public Fund Management
8+ hour, 33+ min ago (290+ words) Published 08 Aug.2026 10:40(KST) Exterior view of Uijeongbu City Hall. Provided by Uijeongbu City On August 8, Uijeongbu City announced that it will operate a 'Public Fund Management Audit Task Force' until September 4. This is in line with the nationwide public fund…...
[Test Drive] Sealion7 Transformed for Just 2 Million Won... "Base Model Owners May Feel Shortchanged"
11+ hour, 22+ min ago (320+ words) Published 08 Aug.2026 07:51(KST) BYD Sealion 7. BYD Korea The most noticeable improvement is the seats. Instead of the previous synthetic leather, natural Nappa leather seats have been introduced, providing an upscale look and a much more comfortable seating experience. It's also…...
Mayor Sangho Lee Proposes "Korea-Latvia Clean Methanol Partnership" to Latvian Ambassador in Korea
23+ hour, 4+ min ago (350+ words) Published 07 Aug.2026 20:09(KST) Taebaek City in Gangwon Province has launched a strategic cooperation with Latvia to foster the clean methanol industry as a future growth engine to replace its coal industry. The city’s plan is to establish a clean methanol…...
Daewon Pharmaceutical Reports First-Half Sales of 310.9 Billion Won, Up 3.1% Year-on-Year
1+ day, 1+ hour ago (273+ words) Published 07 Aug.2026 17:59(KST) Daewon Pharmaceutical announced on August 7, 2026, that, on a consolidated basis for the first half of the year, it recorded sales of 310.9 billion won, operating profit of 4.4 billion won, and net profit of 5.7 billion won. Sales increased by…...
Hana Bank Halts Online and Variable-Rate Mortgage Loan Sales, Lowers Overdraft Account Limits (Update)
1+ day, 57+ min ago (314+ words) by Kim Hye Min Published 07 Aug.2026 18:15(KST) Hana Bank has suspended online mortgage loan sales as part of its effort to manage the total volume of household lending. The bank is also raising the bar for household loans by sequentially…...
KDB Life Main Bid: Three-Way Race Among Hanwha, Heungkuk, and Korea Investment as Samsung and Kyobo Sit Out
1+ day, 46+ min ago (261+ words) Published 07 Aug.2026 18:26(KST) In the main bidding round for the sale of KDB Life Insurance, Hanwha Life Insurance, Heungkuk Life Insurance, and Korea Investment Holdings submitted final acquisition proposals, resulting in a three-way competition. According to financial industry sources on…...