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Company

Korea JoongAng Daily

English-language South Korean newspaper published by the JoongAng media group, covering Korean politics, business and industry.

Known aliases

  • JoongAng
  • JoongAng Daily
  • JoongAng Ilbo
  • koreajoongangdaily.com

Current stories

investOne report1 publisher

Foreign investors sold a net $14.16 billion of Korean stocks in September, 354 times August's net buying

Foreign investors sold a net $14.16 billion of Korean stocks and $5.81 billion of bonds in September, Bank of Korea data showed Friday. August's net stock buying was $40 million, after selling that began in January.

Reality

Evidence72
Adoption
Not scored
Hype gap0
Incentives
Not scored
Confidence75
investOne report1 publisher

Seoul's customs data cannot settle the Guardian's claim of 176,000 tons of fuel bound for Russia

Seoul's customs data shows no fuel exports to Russia, though the Guardian reports more than 176,000 tons loaded on seven tankers at South Korean ports. Customs counts only declared cargo, so both figures may stand and the seller stays unknown.

Reality

Evidence50
Adoption
Not scored
Hype gap
Not scored
Incentives
Not scored
Confidence55
investOne report1 publisher

Exporters' dollar sales hold the won to a 0.75% slide on a 5.46% Kospi plunge

Korea's won weakened 0.75% to 1,345.1 per dollar on a day foreign investors sold more than 4.5 trillion won of Kospi shares in a 5.46% fall. Exporters' dollar sales blunted the demand for dollars, Korea JoongAng Daily reported, so a short-won hedge recovered little of the equity loss.

Reality

Evidence55
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence55
investOne report1 publisher

U.S. and Europe now take 52% of Korea's food, beauty and bio exports, up from 19% in 2016

Korean exports of seven food, beauty and bio products reached $15.59 billion in January-August, 4.2 times 2016 against 2.2 times for all exports. On the chamber's figures the U.S. and Europe now take 52% of it, up from 19%.

Reality

Evidence62
Adoption
Not scored
Hype gap+8
Incentives40
Confidence60
investOne report1 publisher

Renault redirects its Busan plant to Europe and Latin America after dropping North America

Renault has dropped plans to supply North America from its Busan plant and is recasting it as an export hub for Europe and Latin America. The Korea JoongAng Daily links the exit to US curbs on Chinese-linked vehicles.

Reality

Evidence40
Adoption
Not scored
Hype gap+10
Incentives55
Confidence45
investOne report1 publisher

Bank of Korea lifts its 2026 growth forecast to 3.3% on chip exports

Bank of Korea raised its growth forecasts to 3.3% for 2026 and 2.9% for 2027, saying chip-export income is spreading to consumer spending. The central bank is also tightening, so the test is whether household spending follows the income.

Reality

Evidence50
Adoption
Not scored
Hype gap
Not scored
Incentives
Not scored
Confidence60
investOne report1 publisher

One-copy-per-title rule sharpens suspicion that a U.S. book distributor is sourcing AI training data

Arizona distributor asked South Korean booksellers for used Korean-language books by the pallet or container, JoongAng Daily reported. The report does not name an AI company as the end customer, so the suspicion rests on how the buyer buys.

Reality

Evidence35
Adoption
Not scored
Hype gap+30
Incentives
Not scored
Confidence50
investOne report1 publisher

Owners aged 60 and over account for more than all of Korea's net growth in business operators

Korean business owners aged 60 or older rose by 184,226 in the year to August, more than the country's 133,382 net gain in all operators, tax data show. Every age group under 60 shrank, so the count now rests on people past retirement age, many of them working because their pensions fall short.

Reality

Evidence72
Adoption
Not scored
Hype gap+5
Incentives
Not scored
Confidence66
productOne report1 publisher

South Korea's power planners added 27GW to their 2040 demand forecast in four months

Samsung and SK Hynix have pulled fabs that were not due until around 2045 into the early 2030s. The working group drafting Korea's 12th electricity plan is still working out how much of that power to believe.

Publishers:thenextweb.com

Reality

Evidence55
Adoption40
Hype gap+18
Incentives70
Confidence55