1+ day, 8+ hour ago   (461+ words) A proposed basic pension overhaul would raise spending while doing too little to cut older adult poverty. The author is an honorary research fellow at the Korea Institute for Health and Social Affairs and chair of Reset Korea Pension Reform…...

3+ day, 21+ hour ago   (519+ words) A total of 9,343 purchases by new buyers of residential properties, including apartments, multifamily homes and officetels, were registered. Seoul’s 30-somethings are stretching their finances to the limit to get a foot on the property ladder, as soaring rents and fears…...

4+ day, 4+ hour ago   (599+ words) Fast-rising earnings are pushing valuation multiples lower, but investors must judge whether those profits can endure. The author is a professor of Economics, Finance and Asset Management at Hanyang Cyber University. This is not happening because their share prices are…...

4+ day, 11+ hour ago   (116+ words) Staff from the cosmetic brands featured at Musinsa Beauty store near Hongik University in Mapo District browse their products during a media event on Sept. 10. Barn swallows line power cables in Gangneung, Gangwon, as they prepare to migrate south for…...

4+ day, 15+ hour ago   (374+ words) SK hynix and its union reached a revised wage agreement that raises the cash portion of performance bonuses to 50 percent after workers rejected the initial proposal. SK hynix's labor and management are taking a second shot at this year's wage…...

5+ day, 4+ hour ago   (539+ words) A columnist argues that treating real estate as harmful and capital markets as productive overlooks how both can deepen inequality. The author is a professor of sociology at Seoul National University. But while the administration blames real estate for worsening…...

5+ day, 4+ hour ago   (491+ words) A record budget and new "Future Response Fund" will push national debt past 1.5 quadrillion won ($1.12 trillion), leaving taxpayers to bear the eventual cost. The author is the economy news editor at the JoongAng Ilbo. But one entity says that it…...

5+ day, 10+ hour ago   (308+ words) Korea's Fair Trade Commission docked a group of paper suppliers for colluding on prices from 2021 to 2025, and referred two companies to prosecutors. Korea's Fair Trade Commission (FTC) on Wednesday imposed a combined fine of 3 billion won ($2.23 million) on six paper…...

5+ day, 11+ hour ago   (339+ words) Shareholders elected Choi Yun-birm-backed Baek In-kyoo to the audit committee, expanding the chairman’s allies amid the MBK-Young Poong battle. Korea Zinc elected accounting and audit veteran Baek In-kyoo as a new member of its audit committee at its shareholder meeting…...

6+ day, 5+ hour ago   (314+ words) The semiconductor-led boom could lift Korea into the $40,000 per capita GNI club, but youth unemployment threatens to widen the prosperity gap. Korea’s per capita gross national income (GNI) is poised to exceed $40,000 this year. Corporate earnings have risen sharply on…...