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The KOSPI plunged 10.84% to 6,023.66 — its steepest one-day fall since September 2001 — as China chip fears crushed Samsung and SK Hynix. We also unpack Korea's record 6.7% welfare benchmark increase and why the real heat-wave risk starts this week.
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South Korea's won makes up only 0.1% of global payments, outside the top 20. Here's how Seoul's new 2026 roadmap aims to fix that — and the risks that come with it.
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KOSPI fell 4.46% to 6,516 after China's Kimi K3 AI model rattled chip stocks. Here's the DeepSeek precedent, how to prepare for 80mm-per-hour rain on tomorrow's Seoul commute, and why BTS's first-ever World Cup halftime show matters.
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Seoul just unveiled a plan to free the won after 30 years as a 'restricted currency.' Yet won settles just 3.4% of Korean exports, versus 84.2% in dollars.
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Korea unveiled a roadmap to make the won a freely exchangeable currency — yet only 3.4% of exports settle in won. Plus a night-rain safety checklist after 89mm fell in one hour, and Dplus KIA's first international title in six years.
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South Korea's 2027 minimum wage rose to 10,700 won an hour. Small businesses carry record debt, while 12% of workers still aren't paid even that much.
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The Bank of Korea is set to raise rates for the first time in 42 months. With household debt nearing 2,000 trillion won, we break down why the pivot is happening now and what it means for borrowers and housing.
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Korea added 63,000 jobs in June while youth employment fell by 197,000. What the rebound hides, a 120mm monsoon-rain checklist, and Samsung's spreading unions.