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News
Domestic pork up to 50% off ahead of Chuseok, with samgyeopsal from 1,908 won
3+ hour, 17+ min ago (309+ words) Discounts on samgyeopsal, pork neck and shoulder through Sept. 30 Large and mid-sized stores participating; schedules and discount rates vary by retailer Domestic pork cuts — samgyeopsal, pork neck and shoulder — will go on sale at up to 50 percent off ahead of…...
'The sea route is out': 1,300 tanker trucks a day signal the Middle East's land trade revival
15+ hour, 18+ min ago (605+ words) Iraq-Syria corridor sees 1,300 trucks daily as land routes gain ground GCC accelerates $250 billion, 2,100-km rail network from Kuwait to Oman Sea freight costs one-twentieth of road — land routes face steep limits The Economist reported Saturday (local time) that "the prolonged…...
AI tops interest rates, tariffs as biggest business variable for SME chiefs: survey
1+ day, 47+ min ago (551+ words) Survey of 144 mid-sized and small company CEOs Six in 10 cite AI as top management variable More than half already pursuing AI transformation "The market is changing so fast that we can't afford to miss new opportunities — but we can't chase…...
Chuseok prices split: apples, pears cheaper, but beef and pork costs rise
18+ hour, 26+ min ago (592+ words) Apples down 12.1%, pears 8.2%; hanwoo tenderloin up 13.8%, samgyeopsal up 12.0% With chuseok two weeks away, prices for major agricultural products such as apples and pears have fallen below last year's levels, while livestock prices for hanwoo beef and pork remain high. The…...
Over 70% of investors lose money following finfluencer tips on SNS: report
20+ hour, 30+ min ago (381+ words) Finfluencers proliferate amid stock market boom Report calls for legal definition of finfluencers as prerequisite for oversight "Buy XX Power stock now. It's guaranteed to shoot up next week!" "Check the link in the video comments if you want exclusive…...
Three days of digging can earn a month's wages??? Cubans flock to illegal gold rush
23+ hour, 2+ min ago (635+ words) Cubans squeezed by decades of US sanctions and a deepening economic crisis are flocking to illegal gold mining sites in search of a livelihood, with daily earnings that dwarf what most workers make in a month drawing ever more people…...
Hyundai Research Institute raises South Korea's 2026 growth forecast to 3.5%
21+ hour, 49+ min ago (439+ words) Recovery in facility investment and expanded government spending also seen supporting growth The Hyundai Research Institute has raised its growth forecast for the South Korean economy this year to 3.5 percent from 2.7 percent, citing strong semiconductor exports driven by rising global…...
Why global trade stays resilient amid the US-China trade war??? the secret of 'connector countries"
21+ hour, 17+ min ago (144+ words) 'Connector countries' bridging US and Chinese economies Korea linked to both markets through Vietnam Report urges reducing reliance on specific production hubs According to a report released Sunday by Jeong Seon-yeong, head of the Bank of Korea's Asia-Pacific Economy Team,…...
NTS chief says agency will calculate most favorable property tax for couples who jointly own one home
23+ hour, 22+ min ago (319+ words) About 5,700 taxpayers will benefit from applying for the special regime this year, while 2,900 others would be better off canceling it, NTS says National Tax Service Commissioner Lim Gwang-hyeon announced Sunday that the NTS will, for the first time, calculate and…...
Finance minister nominee Lee says active fiscal role needed to lift growth, ease inequality
1+ day, 2+ hour ago (401+ words) Written answers submitted ahead of Tuesday confirmation hearing 'Fiscal spending should be judged by results, not size' Petroleum price cap to be lifted when oil market stabilizes In written answers submitted to the National Assembly ahead of his confirmation hearing,…...