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Korean won dips to 16 year low, sees no sign of upside

The Korean won slumped to its weakest level against the US dollar in almost 16 years during intraday trading Thursday as the currency shows no sign of rebound amid nearly a month of political turmoil.

Business sentiment shows no sign of recovery

National
Opposition votes to nominate court justices, moves to impeach Han Duck-soo

Acting President Han Duck-soo on Thursday said he would not appoint any justice nominees without bipartisan agreement as the opposition-controlled National Assembly on Thursday passed a bill to recomm
National
CIO says next measure undecided on Yoon defying summons

The joint investigation team, led by the Corruption Investigation Office for High-ranking Officials, has yet to decide on the next step after President Yoon Suk Yeol failed to appear for his questioni
Business
Hyundai, Kia to enjoy tariff cuts in Toyota-dominant Philippines

Seoul-Manila FTA gives Korean duo price advantage over Japanese rivals With South Korea’s bilateral free trade agreement with the Philippines slated to take effect next week, Hyundai Motor Group is po

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Seoul Mayor muses on presidential bid amid political turmoil

Seoul Mayor Oh Se-hoon, regarded as a likely presidential contender from the conservative bloc, said he was contemplating his next political steps amid the nation's ongoing political turmoil, while st

KOSPI2,430 10.85
KOSDAQ 676 4.47
USD/KRW1,453.6
EUR/KRW1,511.53
CNH/KRW198.81
JPY(100)/KRW924.56

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Will Audi Korea bounce back next year?

Audi, outpaced by Tesla, aims to boost sales with at least three new launches in first half Audi is gearing up to reclaim its top-three standing in Korea’s auto importer rankings next year as it plans

Life&Culture more

Seoul designates last Wednesday of every month as 'Wear Hanbok Day'

Government to promote wearing hanbok in public sector Forget about hanbok as full-on festive regalia; it can also be part of our everyday wardrobes. In an effort to bring traditional Korean clothing i

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# Featured articles

[From the Archive] How Koreans survived winter old-fashioned way

The winters in Korea can be notoriously tough with temperatures sometimes falling to below minus 10 degrees Celsius. Seoul saw the coldest day in 35 years in January last year, with a low of minus 18.