Global Economic Times

2026.09.26 (Sat)
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Soraepogu Support Center Opens Wide… Park Chan-dae: “Expectations for Fish Market Revitalization”

Ahead of the Chuseok holiday, citizens continued to visit to purchase seafood. Merchants were busy explaining seafood prices and conditions to customers. On this day, the opening ceremony of the &lsq
OECD Raises Korea's Growth Outlook to 3.7%

The Organisation for Economic Co-operation and Development's (OECD) outlook on the South Korean economy has changed significantly in just three months. The OECD projected South Korea's economi

"U.S. Pushes for Institutionalizing Virtual Assets, While South Korea Treats Them Like Entertainment and Casinos"

It has been found that the South Korean government still classifies "blockchain-based virtual asset trading and brokerage" as an industry excluded from being recognized as a corporate-affi

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Samsung Electronics Jumps 3.25% Ahead of Chuseok Holiday; SK Hynix Also Gains 1.2%: On September 23, Samsung Electronics and SK Hynix closed higher side-by-side on the eve of the Chuseok holiday. The investment sen ...; Global Economic Times Reporter 2026.09.23

Soaring Telecom Fee Reductions Exceed 1.5 Trillion Won: Private Companies Shoulder National Welfare Burden: As South Korea's society rapidly ages, the financial burden of mandatory telecom fee reductions for vulnerable groups is reaching ...; ONLINE TEAM 2026.09.23

Alibaba Accelerates Full-Stack AI Strategy: Targeting 10-Trillion-Parameter Models and 20GW Data Centers: Alibaba Group has unveiled an ambitious full-stack artificial intelligence roadmap at its annual flagship technology event, the Ap ...; Hwang Sujin Reporter 2026.09.23

ADB Upgrades Korea’s Growth to 3.2% and Taiwan’s to 11.0%: A Widening Gap Amid Shared Semiconductor Tailwinds: The Asian Development Bank (ADB) has revised its economic growth forecast for South Korea this year to 3.2%, marking a 0.6 percent ...; Kim Sungmoon Reporter 2026.09.23

South Korean Consumers Brace for Higher Rates as September Sentiment Rebounds on Export Hopes: South Korean consumers' expectations regarding future interest rates have climbed to their highest level in nearly three years, dr ...; Cho Kijo Reporter 2026.09.23

Chuseok Highway Gas Price Discount Sparks Fairness Debate and Protests from Local Gas Station Owners: As the South Korean government announced a plan to lower fuel prices by 100 won per liter at highway gas stations during the Chuse ...; Kim Sungmoon Reporter 2026.09.23

Global Oil Prices Drop Below $100 Amid Signs of Saudi Supply Recovery: Global oil prices fell below $100 a barrel on the 22nd (local time) amid growing expectations of a recovery in crude oil supplies ...; Graciela Maria Reporter 2026.09.23

One in Three Major Korean Firms Maintains 5-Year Profit Streaks; 11 Companies Post Over 100 Quarters of Consecutive Black Figures: According to corporate data research institute CEO Score on the 23rd, an analysis of individual financial statements across 106 qu ...; Kim Young Min Reporter 2026.09.23

Sejong City Partners with Municipal Banks to Launch Regional Growth Fund: SEJONG — The Sejong Special Self-Governing City (Mayor Cho Sang-ho) is joining hands with its municipal treasuries, NH Nongh ...; HONG MOON HWA Senior Reporter 2026.09.23

Meta AI Agent 'Muse' Stirs a Frenzy, Propelling AMD Past $1 Trillion Market Cap: Driven by a massive wave of popularity for Meta Platforms' personal artificial intelligence (AI) agent, "Muse," Meta's stock surge ...; Eunsil Ju Reporter 2026.09.22

Government: "Transportation Hydrogen Supply and Demand Normal… No Issues Until the End of the Year": The Ministry of Climate, Energy and Environment announced on the 22nd that there will be no issues in supplying hydrogen for hydro ...; Desk 2026.09.22

Major Commercial Banks Exceed Expanded Household Loan Caps as Lending Capacity Dries Up: SEOUL — Household loan balances at major commercial banks continue to climb, pushing them past their annual aggregate target ...; Yim Kwangsoo Correspondent 2026.09.22

'Crypto Winter' Over? Bitcoin Reclaims $85,000 After 8 Months: Bitcoin, the world’s leading cryptocurrency by market capitalization, has surpassed the $85,000 threshold for the first time ...; Graciela Maria Reporter 2026.09.22

International Oil Prices Fall Amid Hopes for Diplomatic Solution to Iran Conflict: International oil prices fell significantly on the 21st (local time) amid expectations that the United States and Iran could find ...; Kim Young Min Reporter 2026.09.22

Wall Street Hits Record High as AI Optimism Propels Meta and Intel Tech Giants Surge on Renewed AI Confidence: New York — Driven by soaring artificial intelligence (AI) optimism and declining oil prices, the three major U.S. stock indi ...; Hannah Yeh Reporter 2026.09.22

"Used even in Marado restaurants"... Toss Place payment terminals surpass 500,000 merchant stores: Toss Place, Toss's offline payment infrastructure subsidiary, is showing fierce growth, surpassing 500,000 merchant stores nationw ...; Min Gyu Mi Reporter 2026.09.21

Surging LNG Prices Forebode a Freezing Winter amid Middle East Conflict: As geopolitical tensions in the Middle East escalate, liquefied natural gas (LNG) prices are soaring to levels comparable to the R ...; Greace Nunez Correspondent 2026.09.16

National Tax Service to Provide Proactive Guidance and Refunds for Jointly Owned Home Comprehensive Real Estate Holding Tax: The National Tax Service (NTS) has announced a major administrative shift to ease the tax burden on married couples co-owning a si ...; Hwang Sujin Reporter 2026.09.13

Desperate Pursuit of HBM: China’s AI Chip Sector Faces Crippling Bottlenecks as Gray Market Prices Soar: The intensifying global race for artificial intelligence supremacy has thrown China’s domestic semiconductor industry into a ...; Global Economic Times Reporter 2026.09.12

US Rate Hike Expectations and Oil Prices Drive Up Exchange Rates: Bank of Korea's Dilemma: Recent macroeconomic indicators from the United States, alongside surging international oil prices, are reshaping the global finan ...; Greace Nunez Correspondent 2026.09.12

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