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  • 1

    INTERVIEWKorean adoptee in Germany reunites with birth family after 42 years

  • 3

    Korea to start mass production of KF-21 in 2024

  • 5

    Zoo shares sad story of what caused Sero the zebra to escape

  • 7

    Sandstorm from China forecast to push up fine dust levels in Korea

  • 9

    Daughter of North Korean dictator seen wearing $1,900 Dior jacket

  • 11

    Will Apple Pay launch boost local iPhone sales?

  • 13

    INTERVIEWExpert pitches Laotian rural reform to solve NK's chronic food shortages

  • 15

    INTERVIEWForbes-listed entrepreneur pursues partnerships with Samsung, LG, SK to help Ukraine

  • 17

    Indonesian students advise Korean bank on entering Indonesian market

  • 19

    Long viewed as an outsider, conceptual artist grabs global spotlight in his twilight years

  • 2

    Zebra captured after escaping from Seoul zoo

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    Will exempting foreign nannies from minimum wage boost Korea's birth rate?

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    Yoo Yeon-seok threatens to sue people spreading accusations about him

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    Kim Min-gyu, Go Bo-gyeol bid farewell to 'The Heavenly Idol'

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    Retailers rush to adopt Apple Pay system

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    INTERVIEW'Welcome to world of art therapy'

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    Kim Nam-gil to embark on Asia fan-meeting tour

  • 16

    Lee Som, Ahn Jae-hong to play married couple in Tving's new series

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    US Fed lifts key interest rate amid banking sector fears

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    Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

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Sat, March 25, 2023 | 07:00
Korean markets expected to shrug off US inflation woes
Korean markets expected to shrug off US inflation woes
Korea's financial markets have grown increasingly less sensitive to prolonged inflation woes in the United States, as major large-cap companies in semiconductors and automobiles are forecast to gradually enhance their earnings fundamentals through recovering exports, analysts said.The analysis contrasts with the volatile market sentiment prevalent last year when local stocks ...
Lee Min-hyung | 2023-02-15 16:55
Battle for SM management heats up between Lee-HYBE and SM-Kakao blocs
Battle for SM management heats up between Lee-HYBE and SM-Kakao blocs
With the war being waged surrounding SM Entertainment's controlling stake between SM Entertainment's founder Lee Soo-man, in alliance with HYBE, and the current management of SM, who has teamed up with Kakao and activist fund Align Partners, market attention is now on how the situation might unfold.
Anna J. Park | 2023-02-14 16:38
  • SM shares feared to have reached overvaluation point
Life insurance association calls for more private pension tax benefits
Life insurance association calls for more private pension tax benefits
Korea's tax authority should offer more incentives for private pensions amid a rising poverty ratio amongst elderly people and a rapidly depleting national pension here, Korea Life Insurance Association (KLIA) Chairman Chung Hee-soo said in a press conference, Monday.
Lee Min-hyung | 2023-02-13 16:46
KCGI to sell Osstem stake to Unison-MBK consortium
KCGI to sell Osstem stake to Unison-MBK consortium
The Korea Corporate Governance Improvement (KCGI) has decided to sell its 6.92 percent stake in Osstem Implant during a tender offer launched late last month by a consortium made up of Unison Capital Korea and MBK Partners, according to the activist fund. The tender offer is scheduled to last through Feb. 24.
Anna J. Park | 2023-02-12 14:47
Banks rush to lower interest rates for savings products
Banks rush to lower interest rates for savings products
Commercial banks here have come under criticism for cutting their savings interest rates on a larger scale than those from loan products. According to data from Korea's top five banks - KB, Shinhan, Hana, Woori and NongHyup - the average interest rate for their savings product with a one-year maturity was within a band from 3.36 to 3.6 percent as of Wednesday. This is a drop ...
Lee Min-hyung | 2023-02-09 16:42
Mid-tier brokerages report earnings shock
Mid-tier brokerages report earnings shock
Mid-tier securities firms reported a more drastic fall in earnings compared with their bigger counterparts in 2022, in the aftermath of slumping stock sentiment and a slowdown in the real estate market, which was prompted by sharp interest rate hikes. Hanwha Investment & Securities recorded a deficit last year with a net loss of 47.6 billion won ($37.72 million). This is a dr...
Lee Min-hyung | 2023-02-09 16:15
Risks of real estate project financing loom large on economy
Risks of real estate project financing loom large on economy
Risks stemming from real estate project financing (PF) is looming large as one of key threat factors in the local financial sector this year. Securities companies particularly experience a high default rate of their loans to real estate PF, concerning market watchers that a negative chain reaction could result in a crisis for the market.
Anna J. Park | 2023-02-09 16:07
Stocks end higher after zig-zagging on Fed chair's comments
Stocks end higher after zig-zagging on Fed chair's comments
Wall Street is ticking higher Tuesday after the head of the Federal Reserve signaled last week's stunningly strong jobs report isn't likely to change where interest rates are heading on its own, as some investors had feared.
2023-02-08 11:39
  • Inflation starting to slow but long, 'bumpy' road ahead: Powell
Securities firms lower outlook on KOSPI's growth
Securities firms lower outlook on KOSPI's growth
Securities firms are on track to lower the outlook on the benchmark KOSPI, citing the possibility of Korean stocks entering a readjustment period after achieving a vigorous rally throughout January. They expected the local stock market to face widening volatility this month amid rekindling woes over global monetary tightening after the U.S. reported robust job recovery. Key e...
Lee Min-hyung | 2023-02-07 15:33
Korea to extend FX trading hours, allow offshore firms' participation
Korea to extend FX trading hours, allow offshore firms' participation
Korea plans to more than double its foreign-exchange trading hours and allow offshore firms to participate in the market in line with efforts to attract more investment from overseas, the financial authorities said Tuesday.
2023-02-07 12:13
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Top 10 Stories
1Zoo shares sad story of what caused Sero the zebra to escapeZoo shares sad story of what caused Sero the zebra to escape
2Burnout: Cardiothoracic surgery residents work 102 hours a week Burnout: Cardiothoracic surgery residents work 102 hours a week
3North Korea will pay price for reckless provocations, warns Yoon North Korea will pay price for reckless provocations, warns Yoon
4Second daughter of Daesang chairman promoted to vice president Second daughter of Daesang chairman promoted to vice president
5More companies adopt electronic voting amid increase in shareholder activism More companies adopt electronic voting amid increase in shareholder activism
6Churches, Seoul gov't unite to fight low birthrate Churches, Seoul gov't unite to fight low birthrate
7What's next for Do Kwon? What's next for Do Kwon?
8FTC criticized for delaying approval for Hanwha's acquisition of DSME FTC criticized for delaying approval for Hanwha's acquisition of DSME
9Over 70% of firms unwilling to embrace longer workweek Over 70% of firms unwilling to embrace longer workweek
10Genesis launches 2023 G90 sedan Genesis launches 2023 G90 sedan
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