15 en Interpark Commerce, an affiliate of the Singapore-based Qoo10 Group, was declared bankrupt by a Seoul court. The Seoul Bankruptcy Court ordered Interpark Commerce to liquidate on Tuesday, nearly a year and a half after the e-commerce platform entered a court-led program that delays the start of formal ...

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]]> KBS WORLD Radio Tue, 16 Dec 2025 18:20:15 +0900 Economy Seoul shares tumbled more than two percent Tuesday, pressured by lingering worries in the artificial intelligence(AI) sector, as investors awaited U.S. economic data. The benchmark Korea Composite Stock Price Index lost 91‑point‑46 points, or two‑point‑24 percent, to close at ...

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]]> KBS WORLD Radio Tue, 16 Dec 2025 17:15:22 +0900 Economy The benchmark Korea Composite Stock Price Index lost 91-point-46 points, or two-point-24 percent, on Tuesday to close at three-thousand-999-point-13. The tech-heavy KOSDAQ slipped 22-point-72 points, or two-point-42 percent, to close at 916-point-11. The South Korean won weakened against the U.S. ...

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]]> KBS WORLD Radio Tue, 16 Dec 2025 15:40:54 +0900 Economy Amid instability in the foreign exchange market, including a recent rise in the won-dollar exchange rate, the National Pension Service will extend its strategic currency hedging period by 1 year through the end of 2026. During its seventh meeting of the year at the government complex in Seoul on Monday, ...

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]]> KBS WORLD Radio Mon, 15 Dec 2025 19:28:26 +0900 Economy Stocks slipped nearly two percent on Monday as renewed concerns about an artificial intelligence(AI) bubble weighed on investor sentiment. The benchmark Korea Composite Stock Price Index fell 76-point-57 points, or one-point-84 percent, to close at four-thousand-90-point-59. Turnover was moderate at ...

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]]> KBS WORLD Radio Mon, 15 Dec 2025 17:19:45 +0900 Economy Fair Trade Commission(FTC) Chairman Ju Biung-ghi has vowed to remove unnecessary barriers for foreign companies and eliminate discrimination against such businesses.  Ju made the pledge on Monday during a gathering in Seoul of the commission and the chambers of commerce of several countries, including ...

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]]> KBS WORLD Radio Mon, 15 Dec 2025 16:03:58 +0900 Economy The benchmark Korea Composite Stock Price Index fell 76-point-57 points, or one-point-84 percent, on Monday to close at four-thousand-90-point-59. The tech-heavy KOSDAQ gained one-point-49 points, or zero-point-16 percent, to close at 938-point-83. The South Korean won strengthened against the U.S. ...

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]]> KBS WORLD Radio Mon, 15 Dec 2025 15:39:25 +0900 Economy The sale of state properties worth at least 30 billion won, or around 20 million U.S. dollars, will require advance reporting to parliament for public discussion, and the sale of assets below their appraised value will be banned. The finance ministry announced the measures on Monday after the ruling camp ...

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]]> KBS WORLD Radio Mon, 15 Dec 2025 14:58:16 +0900 Economy Financial authorities said they will closely monitor market conditions and take bold, preemptive measures if needed to stabilize markets amid heightened volatility. Financial Services Commission Chairman Lee Eog‑weon made the remarks Monday during a financial market monitoring meeting at the government ...

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]]> KBS WORLD Radio Mon, 15 Dec 2025 09:36:22 +0900 Economy The government convened an emergency meeting on Sunday to discuss measures to counter continued volatility in the foreign exchange market. Finance Minister Koo Yun‑cheol presided over the meeting at the government complex in Seoul, reviewing recent developments in domestic and global financial markets and ...

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]]> KBS WORLD Radio Mon, 15 Dec 2025 08:08:20 +0900 Economy A report shows that over 60 percent of the country’s financial assets are concentrated in the hands of less than one percent of its population. According to the 2025 Korea Wealth Report, released Sunday by the KB Financial Group Management Research Institute, the number of individuals with at least one ...

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]]> KBS WORLD Radio Sun, 14 Dec 2025 14:00:14 +0900 Economy Exports of information and communications technology(ICT) products jumped more than 20 percent year-on-year in November, posting the highest monthly figure on record.  According to data from the Ministry of Science and ICT on Sunday, ICT exports rose 24-point-three percent from a year earlier to ...

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]]> KBS WORLD Radio Sun, 14 Dec 2025 13:01:12 +0900 Economy Nearly one-point-six million people in their 20s and 30s were classified as being “outside the labor market” last month, with that number reaching its highest point in four years. According to the Ministry of Data and Statistics on Sunday, a total of one million 589-thousand people in that age bracket ...

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]]> KBS WORLD Radio Sun, 14 Dec 2025 12:21:37 +0900 Economy The South Korean won continues to weaken, with the exchange rate having reached its peak just shy of the one-thousand-480 won per dollar mark during nighttime trading. The South Korean won ended at one-thousand-477 won against the U.S. dollar as of 2 a.m. Saturday, four won more than at Friday’s Seoul ...

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]]> KBS WORLD Radio Sat, 13 Dec 2025 14:52:40 +0900 Economy President Lee Jae Myung on Friday instructed officials to build public rental housing in prime locations, such as near subway stations, rather than relegating it to less desirable sites. Speaking at a transport ministry briefing in Sejong City, Lee said concentrating public rental units in poor locations ...

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]]> KBS WORLD Radio Fri, 12 Dec 2025 19:04:23 +0900 Economy Seoul shares closed higher Friday, snapping a three‑day losing streak, as concerns on an artificial intelligence(AI) bubble eased following strong Broadcom earnings. The benchmark Korea Composite Stock Price Index rose 56‑point‑54 points, or one‑point‑38 percent, to close at ...

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]]> KBS WORLD Radio Fri, 12 Dec 2025 16:50:37 +0900 Economy The benchmark Korea Composite Stock Price Index rose 56-point-54 points, or one-point-38 percent, on Friday to close at four-thousand-167-point-16. The tech-heavy KOSDAQ gained two-point-seven points, or zero-point-29 percent, to close at 937-point-34. The South Korean won weakened against the U.S. ...

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]]> KBS WORLD Radio Fri, 12 Dec 2025 15:50:13 +0900 Economy The state-run Personal Information Protection Commission (PIPC) seeks to impose a penalty surcharge of up to ten percent of corporate sales for massive, repeated data leaks. While briefing the president on its operations on Friday, the data protection authority said it plans to introduce special provisions ...

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]]> KBS WORLD Radio Fri, 12 Dec 2025 15:04:43 +0900 Economy The government reaffirmed its view that the economy is recovering, driven by improved domestic demand and exports. The Ministry of Economy and Finance presented the assessment in the December issue of its monthly economic report, the Green Book, released on Friday. The ministry said the economy is ...

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]]> KBS WORLD Radio Fri, 12 Dec 2025 11:11:29 +0900 Economy Foreign investors offloaded a net 13-point-three trillion won worth of shares on the South Korean stock market in November, marking the third-largest monthly net sell-off on record. According to data released by the Financial Supervisory Service (FSS) on Friday, foreigners posted a net sell-off of ...

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]]> KBS WORLD Radio Fri, 12 Dec 2025 11:06:55 +0900 Economy Import prices rose at the fastest pace in 19 months in November, driven mainly by the won's depreciation against the U.S. dollar. Preliminary data released Friday by the Bank of Korea showed the import price index climbed to 141‑point‑82 in November, up two‑point‑six percent from a month ...

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]]> KBS WORLD Radio Fri, 12 Dec 2025 08:22:08 +0900 Economy Seoul shares closed lower Thursday for a third consecutive session as investors weighed the U.S. Federal Reserve’s latest rate decision. The benchmark Korea Composite Stock Price Index dropped 24‑point‑38 points, or zero‑point‑59 percent, to close at ...

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]]> KBS WORLD Radio Thu, 11 Dec 2025 17:04:48 +0900 Economy In the wake of the massive Coupang data breach, new data indicates that the number of phishing scams involving the e-commerce giant has reached nearly 230 in the past ten days. That's according to data that ruling Democratic Party Rep. Lee Jeong-heon, of the parliamentary science and ICT committee, ...

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]]> KBS WORLD Radio Thu, 11 Dec 2025 16:39:22 +0900 Economy Mexican lawmakers have approved new, higher tariffs on imports designated as “strategic items” from South Korea, China and other Asian nations without a trade deal with Mexico. Mexico’s Senate announced on Wednesday, local time, that it had voted in favor of an amendment to the General Export-Import ...

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]]> KBS WORLD Radio Thu, 11 Dec 2025 15:55:58 +0900 Economy The benchmark Korea Composite Stock Price Index dropped 24-point-38 points, or zero-point-59 percent, on Thursday to close at four-thousand-110-point-62. The tech-heavy KOSDAQ edged down zero-point-36 points, or zero-point-04 percent, to close at 934-point-64. The South Korean won weakened against the ...

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]]> KBS WORLD Radio Thu, 11 Dec 2025 15:45:02 +0900 Economy South Korean exports increased by more than 17 percent in the first ten days of December from the same period of last year, driven by strong shipments of semiconductors.   Korea Customs Service data released Thursday showed that exports totaled 20-point-six billion U.S. dollars during the period, up ...

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]]> KBS WORLD Radio Thu, 11 Dec 2025 11:18:18 +0900 Economy The government announced a strategy to further advance the domestic semiconductor industry through state and corporate investment amid global hegemonic competition. Industry and Resources Minister Kim Jung-kwan announced the strategy on Wednesday at an intergovernmental meeting led by President Lee Jae ...

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]]> KBS WORLD Radio Wed, 10 Dec 2025 18:32:08 +0900 Economy Seoul shares closed slightly lower on Wednesday as investors stayed cautious ahead of the U.S. Federal Reserve’s rate-setting meeting. The benchmark Korea Composite Stock Price Index slipped eight-point-55 points, or zero-point-21 percent, to close at four-thousand-135. Investor sentiment was subdued ...

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]]> KBS WORLD Radio Wed, 10 Dec 2025 17:28:39 +0900 Economy The benchmark Korea Composite Stock Price Index slipped eight-point-55 points, or zero-point-21 percent, on Wednesday to close at four-thousand-135. The tech-heavy KOSDAQ added three-point-65 points, or zero-point-39 percent, to close at 935. The South Korean won strengthened against the U.S. dollar by ...

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]]> KBS WORLD Radio Wed, 10 Dec 2025 15:42:20 +0900 Economy Coupang CEO Park Dae-jun resigned on Wednesday in the wake of the e-commerce giant’s massive data breach that exposed nearly 34 million accounts. Park said in a statement that he is deeply sorry for causing public concern, adding that he'd decided to step down to assume responsibility for the ...

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]]> KBS WORLD Radio Wed, 10 Dec 2025 15:35:19 +0900 Economy