7+ hour, 34+ min ago   (932+ words) South Korea's National Tax Service has launched tax audits of 41 market-disrupting businesses accused of inflating costs and shifting price burdens onto consumers ahead of the Chuseok holiday. The targets include 11 egg producers and other agricultural and livestock companies, 12 grain and…...

8+ hour, 22+ min ago   (255+ words) With this regulatory change, individual investors can now buy and sell South Korean stocks after work hours using the same mechanism as the regular session. Brokerages have rolled out events featuring prizes and gift certificates to attract trading during this…...

8+ hour, 40+ min ago   (234+ words) South Korea's government is raising the standard construction cost used to determine price ceilings for apartments subject to the price cap on new homes by 4.07%. The increase is expected to further drive up sale prices for newly supplied apartments in…...

10+ hour, 14+ min ago   (186+ words) Conversely, high-priced areas continued their runaway trajectory, widening the gap with the Seoul average even further. Gangnam-gu's ratio to the Seoul average soared from 2.41x in January to 2.69x in August, while Seocho-gu jumped from 1.68x to 1.95x and Songpa-gu from 1.74x to 1.99x. Seongdong-gu also…...

11+ hour, 11+ min ago   (236+ words) Samsung Electronics and SK Hynix plunged in tandem during premarket trading on September 14. Selling pressure centered on semiconductor stocks as rate-hike concerns reignited following the release of U.S. August Consumer Price Index (CPI) data, compounded by escalating geopolitical tensions in the…...

17+ hour, 50+ min ago   (291+ words) Lee Hyung-il, nominee for South Korea's deputy prime minister and minister of economy and finance, has stated that proactive fiscal management is necessary to break through domestic and external economic uncertainties and structural crises. His vision: while fiscal soundness matters,…...

11+ hour, 49+ min ago   (237+ words) Crude oil futures surged more than $3 in early Asian trading on Monday, Sept. 14, with both Brent and U.S. WTI benchmarks spiking sharply after fresh attacks on Saudi Arabia and vessels near the Strait of Hormuz on Sunday, Sept. 13. As of 10:14 p.m. GMT…...

13+ hour, 11+ min ago   (274+ words) The sharp increase is driven by expectations that operating profits at semiconductor companies—led by Samsung Electronics and SK Hynix—will rise substantially. With the semiconductor upcycle continuing, corporate earnings are projected to improve dramatically, resulting in corporate tax payments…...

14+ hour, 47+ min ago   (307+ words) Anthropic has chosen Nasdaq as the venue for a potential initial public offering that could rank among the largest in history, according to a person familiar with the plans, handing the exchange another marquee win as artificial intelligence companies navigate…...

16+ hour, 44+ min ago   (1072+ words) President Donald Trump said on Sunday that the United States should pay the lowest interest rates of any country in the world, repeating a demand that puts him at odds with the Federal Reserve just days before policymakers are expected…...