Korea Joongang Daily
Korea JoongAng Daily

SK chief calls for infrastructure investment, integration with Japan amid U.S.-China AI competition

Chey Tae-won, chair of the Korea Chamber of Commerce and Industry and chair of SK Group, called for large-scale infrastructure investments and economic integration with Japan as part of a response amid the U.S.-China competition for dominance in AI.

2026-04-28

Hana Financial Group reports highest Q1 net profit on record

Hana Financial Group on Friday reported its highest first-quarter net profit on record this year, driven by a rise in interest income.

2026-04-24

Korea's GDP posts fastest quarterly growth in more than 5 years: BOK

Despite the ongoing crisis in the Middle East, the Korean economy posted its fastest quarterly growth in five-and-a-half years in the first quarter, supported by solid exports and resilient domestic demand, central bank data showed on Thursday.

2026-04-23

Biz sentiment for May pessimistic due to Iran war crisis: Poll

Korea's business sentiment remains pessimistic for May due to the prolonged Iran war, a survey showed Thursday.

2026-04-23

A minister's message

Park Hong-keun, minister of planning and budget, speaks at a briefing with reporters at the Government Complex Sejong on April 21.

2026-04-21

Credit card loans up for 3rd month, hit all-time high in March

Outstanding credit card loans have risen for three consecutive months to reach an all-time high in March amid the economic slowdown and high inflation, data showed Tuesday.

2026-04-21

Kospi reaches historic high ahead of Iran war cease-fire deadline

Korean stocks surpassed their pre-Iran war high Tuesday morning after a sharply high opening ahead of the deadline for the end of the two-week cease-fire set by U.S. President Donald Trump.

2026-04-21

Exports of K-beauty products reach an all-time high in Q1: Data

Korea's cosmetics exports reached a record high in the first quarter of this year, firmly establishing itself as a key export driver, the Ministry of Finance and Economy announced on Monday.

2026-04-20

Consumer demand splits between ultracheap goods and high-end luxury items

Korea’s consumer market is increasingly splitting in two, with demand surging for both ultracheap goods and high-end luxury items while midpriced products are losing ground.

2026-04-20

Youth struggle to find part time jobs while older adults stay in the work force

The Korean work force is in the midst of a generational shift as people in their 60s emerge as a core demographic in the labor market while 20-somethings struggle even to find part-time jobs — raising concerns of an intergenerational conflict.

2026-04-19