Saturday, November 7, 2026 · Evening · Economy

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Saturday, November 7, 2026 · Evening · Economy 6 pages

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Hanwha Forena Jije Station
1,098 units on sale

An apartment complex with 1,098 units near Pyeongtaek Jije Station has started sales.

1 pagesHanwha Forena Jije Station 1,098 units on saleEconomy
2 pagesChuncheon Yuknin Pass Landlords and merchants agree to coexistEconomy
3 pagesElderly living alone Insurance premiums up 60% in 4 yearsEconomy
4 pagesHigh monthly rents in outer Seoul Expanding beyond central districtsEconomy
5 pagesAI stocks plunge, hedge funds wobble Largest position reduction in 10 yearsFinance
6 pagesGlobal Food Price Index down after 4 months Sugar prices rise 6.6%Economy

Economy · 2 sources combinedp. 1 / 6

Hanwha Forena Jije Station
1,098 units on sale

D-3 Deadline November 11 · Priority 2 subscription deadline

In short

An apartment complex with 1,098 units near Pyeongtaek Jije Station has started sales.

A model house opened on November 6, and subscription applications begin on the 9th.

Apartments of 84㎡ exclusive area account for the largest portion with 950 units.

Key facts

When	Model house opened on November 6; special allocations on the 9th; priority 1 and 2 subscriptions on the 10th-11th.
Where	In the Pyeongtaek Jije Station living area, Samsung Electronics' Pyeongtaek Campus and large shopping facilities are nearby.
Who	Hanwha's construction division supplies the Hanwha Forena Jije Station apartment.
What	12 buildings, basement 2 levels to 27 stories above ground, total 1,098 units (84㎡ and 116㎡ exclusive areas).

What it means for me

Readers considering subscriptions near Pyeongtaek Jije Station should check the application schedule for November 9-11.

Economy · 3 sources combinedp. 2 / 6

Chuncheon Yuknin Pass
Landlords and merchants agree to coexist

Deadline Deadline November 7 · Last day of Yuknin Pass Sunset Night Market

In short

In Chuncheon's Yuknin Pass, landlords, merchants, and residents signed a coexistence agreement to revitalize the local commercial district.

They agreed to help merchants do business stably through fair rents and long-term leases.

They also decided to find ways to use vacant storefronts.

Visitor info

Location	Yuknin Pass area, Chuncheon, Gangwon Province
Period	Yuknin Pass Sunset Night Market: street performances and temporary shops operating until November 7

Key facts

When	On November 6, a coexistence agreement ceremony was held at a former Yuknin Dakkangjung (fried chicken) shop in Chuncheon's Yuknin Pass.
Who	Representatives of landlords, the merchants association, residents, Chuncheon City, and Hallim University's Startup Support Center participated.
What	They agreed to cooperate on fair rents, long-term leases, and ways to use vacant storefronts.
How	Chuncheon City plans to connect with government projects such as the Small and Medium Venture Business Department's Local Theme Commercial District Competition.

What it means for me

This is news worth noting for visitors to local commercial districts and small business owners.

Small business owners may refer to this as a case of fair rent and long-term lease cooperation.

Economy · 2 sources combinedp. 3 / 6

Elderly living alone
Insurance premiums up 60% in 4 years

In short

Insurance expenses for seniors aged 60 and over living alone have increased by over 60% in four years.

In the same period, income rose only 22.4%, putting greater strain on insurance premiums.

As enrollment in dementia and long-term care insurance increases, financial pressure on elderly households is growing.

Key facts

When	This is based on data from the National Statistics Office comparing the first half of 2022 and the first half of 2026.
Who	Single-person households aged 60 and over living alone were surveyed.
What	Average monthly insurance premiums increased 60.3%, from 29,500 won to 47,300 won.
How	The share of households paying insurance premiums rose from 67.0% to 78.6%, and households paying 100,000 won or more nearly doubled.

What it means for me

If you are an elderly person living alone, you should review both insurance premiums and actual coverage needs together.

If your income is fixed after retirement, you should recheck your ability to pay insurance premiums.

Economy · 2 sources combinedp. 4 / 6

High monthly rents in outer Seoul
Expanding beyond central districts

In short

Monthly rent contracts exceeding 3 million won are increasing in outer Seoul areas including Nowon, Dobong, Gangbuk, Geumcheon, Gwanak, and Guro.

From January 1 to November 5 this year, such high-rent contracts reached 40, a 2.7-fold increase from last year.

Rising jeonse (long-term deposit rental) prices and conversions to monthly rent are increasing housing cost burdens in outer areas.

Key facts

When	Based on Ministry of Land, Infrastructure and Transport real transaction data from January 1 to November 5 this year.
Where	Six outer Seoul districts: Nowon, Dobong, Gangbuk, Geumcheon, Gwanak, and Guro.
What	Monthly rents of 3 million won or more reached 40 contracts, up 166.7% from 15 last year.
How	Rising jeonse prices combined with conversions to monthly rent spread high-rent contracts.

What it means for me

Tenants unable to secure jeonse deposits may have to accept high monthly rents even in outer areas.

Office workers in their 40s facing jeonse contract renewals should check potential rent increases from conversions beforehand.

Self-employed workers with irregular income may face greater monthly rent burdens.

Retired households with fixed incomes find it harder to save on housing costs even by relocating to outer areas.

Finance · 3 sources combinedp. 5 / 6

AI stocks plunge, hedge funds wobble
Largest position reduction in 10 years

In short

Stock-picking hedge funds have reduced risk exposure by approximately 9% since June.

As of end-October, over 40% of hedge funds are breaking even or posting losses compared to the start of the year.

On November 6, Nasdaq closed at 24,579.42, S&P 500 at 7,376.86, and Dow at 51,285.73.

Key facts

Index	On November 6, Nasdaq closed at 24,579.42, S&P 500 at 7,376.86, and Dow at 51,285.73.
Moves	Nasdaq rose 1.09%, S&P 500 rose 0.31%, while Dow fell 0.46%.
Featured stocks	Hedge funds concentrated in technology, media, and telecommunications recorded losses exceeding 4% in a single day.
Background	After Democrats gained control of both chambers in midterm elections, selling pressure on AI-related stocks intensified.

What it means for me

Readers holding equity funds or AI-related stocks should be cautious of increased volatility in the near term.

Economy · 3 sources combinedp. 6 / 6

Global Food Price Index down after 4 months
Sugar prices rise 6.6%

In short

October's Global Food Price Index was 133.9, down 1.2% from the previous month.

Grains 116.8, meat 125.5, and dairy 117.8 all declined.

Sugar rose 6.6% to 121.3, and oils also rose slightly to 199.2.

Key facts

Index	October's Global Food Price Index was 133.9, down 1.2% from September's 135.6, marking the first decline in four months.
Declining items	Grains 116.8 (-4.5%), meat 125.5 (-1.2%), and dairy 117.8 (-1.1%) all fell.
Rising items	Sugar rose 6.6% to 121.3, the highest since December 2024, and oils rose 0.3% to 199.2.
Background	Wheat and corn fell due to improved production outlook in Argentina, while sugar rose due to harvest disruptions in Brazilian sugarcane.

What it means for me

For readers buying groceries, the decline in grain prices and rise in sugar prices may be reflected differently across product categories.

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Hanwha Forena Jije Station1,098 units on sale

Hanwha Forena Jije Station1,098 units on sale

In short

Key facts

What it means for me

Chuncheon Yuknin PassLandlords and merchants agree to coexist

In short

Visitor info

Key facts

What it means for me

Elderly living aloneInsurance premiums up 60% in 4 years

In short

Key facts

What it means for me

High monthly rents in outer SeoulExpanding beyond central districts

In short

Key facts

What it means for me

AI stocks plunge, hedge funds wobbleLargest position reduction in 10 years

In short

Key facts

What it means for me

Global Food Price Index down after 4 monthsSugar prices rise 6.6%

In short

Key facts

What it means for me

You've read it all

Hanwha Forena Jije Station
1,098 units on sale

Hanwha Forena Jije Station
1,098 units on sale

Chuncheon Yuknin Pass
Landlords and merchants agree to coexist

Elderly living alone
Insurance premiums up 60% in 4 years

High monthly rents in outer Seoul
Expanding beyond central districts

AI stocks plunge, hedge funds wobble
Largest position reduction in 10 years

Global Food Price Index down after 4 months
Sugar prices rise 6.6%