Korea Joongang Daily
Korea JoongAng Daily

Gov't rolls out cash aid for vulnerable groups amid Middle East crisis

Cash assistance for basic livelihood security recipients and other vulnerable groups began rolling out on Monday as part of efforts to ease financial strains caused by rising oil prices amid the Iran war.

2026-04-27

Your favorite local artists’ Korean gig isn’t really about Korea

Foreign artists like Santos Bravos and Milli are increasingly tapping into Korea's music scene, using it as a strategic launchpad for global outreach rather than solely targeting the domestic market.

2026-04-27

Producer prices post fastest rise in 4 years in March on oil cost surge: BOK

Korea's producer prices rose at the fastest pace in about four years in March, driven by higher petroleum and chemical product prices amid rising global oil costs, data from the Bank of Korea showed Wednesday.

2026-04-22

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

Seoul, Washington agree to bolster cooperation against money laundering

Korea and the United States have agreed to enhance cooperation to fight money laundering activities in the Asia-Pacific region, Seoul's financial regulator said Monday.

2026-04-20

As economic and employment outlook worsens, young Koreans seek bite-sized bits of luck online

An Instagram reel featuring Samsung Electronics Chairman Lee Jae-yong has racked up more than three million views since its release, drawing attention not out of brand loyalty but from viewers hoping for a bit of luck — and possibly extra cash.

2026-04-17

Korea's money supply rises for fourth consecutive month in February

Korea's money supply rose for the fourth consecutive month in February, as increases in savings deposits offset a decline in certificates of deposit (CDs), central bank data showed Wednesday.

2026-04-15

Bio, display, mobility picked as next focus of public growth fund

The second round of investment by the megasized public growth fund will be mainly focused on the bio, display and mobility sectors, the financial regulator said on Tuesday.

2026-04-14

From limitless LTE to cram school crackdowns, gov't rolls out list of public relief initiatives

The government rolled out a list of policies to help alleviate the burden of inflation on the public, including a new mobile data service from telecommunications companies and refunds on unfair fees for private cram schools.

2026-04-09

Money supply rises for third straight month in January on growing corporate deposits: BOK

Korea's money supply rose for the third consecutive month in January, driven by increases in exporters' foreign currency deposits and short-term funds awaiting investment, central bank data showed Friday.

2026-03-13