Global Economic Times

2025.12.11 (Thu)
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Won-Dollar Exchange Rate Rises to 7-Month High: South Korean Authorities Scramble to Stabilize Currency as Overseas Investment Surges

(C) TradingPedia SEOUL, South Korea — The South Korean won (KRW) has been under severe pressure, with the won-dollar exchange rate soaring to levels not seen in seven months. Last week, the cur
Netflix Stock Plummets 10% on Credit Downgrade Fears Following Blockbuster Warner Bros. Acquisition

(C) Variety HOLLYWOOD — Netflix's ambitious plan to acquire Warner Bros. and its assets, including HBO Max, for a staggering enterprise value of approximately $82.7 billion ($72 billion in

Alibaba's AI Ascent: Stock Soars 70% as Tech Giant Pivots Beyond E-commerce

(C) Tip Ranks Alibaba Group Holding, globally known for its massive e-commerce platforms like AliExpress and Taobao, is rapidly accelerating its transformation into an Artificial Intelligence (AI) po

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LG Electronics Poised for a Major Earnings Rebound in 2026: Brokerage Hikes Target Price to KRW 130,000: (C) ET Retail SEOUL - LG Electronics (LGE) is expected to stage a significant earnings recovery starting next year, despite an an ...; Yim Kwangsoo Correspondent 2025.12.11

KOTRA Secures Record $700M Budget for 2026, Spearheading Export Growth and Economic Security: SEOUL, South Korea – The Korea Trade-Investment Promotion Agency (KOTRA) is gearing up for a major push in national export a ...; KO YONG-CHUL Reporter 2025.12.08

Musk's SpaceX Valuation Soars to Up to 800 Billion USD, Claiming Title as World's Most Valuable Private Company: (C) UNN.ua Elon Musk's space exploration company, SpaceX, is reportedly poised to reach a staggering valuation of up to $800 billi ...; Eunsil Ju Reporter 2025.12.08

Economists Predict Another Fed Rate Cut Ahead of Final FOMC of the Year: (C) Coinpedia SEOUL - The U.S. Federal Reserve (Fed) is set to convene its final Federal Open Market Committee (FOMC) meeting of t ...; Global Economic Times Reporter 2025.12.08

Seoul's 'Insane Rent' Warning: Why $30,000 Monthly Rent is a Looming Threat Residential Crisis Deepens as Tourist Housing Conversion Hits Supply: (C) Pixabay A severe shortage of residential properties, particularly in Seoul, is fueling a surge in conversion of urban housing ...; Desk 2025.12.06

Banks Eye Digital Assets: Woori Bank Displays Bitcoin Price in Dealing Room: (C) The Gulf Independent SEOUL, South Korea—In a clear sign that traditional financial institutions are beginning to seriou ...; Hwang Sujin Reporter 2025.12.05

US Layoffs Surge: Over 1.17 Million Job Cuts Announced in First 11 Months of 2025: (C) Visual Capitalist New York — US employers have announced more than 1.17 million job cuts from January through Novembe ...; Eunsil Ju Reporter 2025.12.05

LG Electronics Boosts Shareholder Value with KRW 200 Billion Return and Full Treasury Stock Cancellation: SEOUL — LG Electronics, a global leader in technology and innovation, announced a significant acceleration of its corporate ...; Global Economic Times Reporter 2025.11.28

Bitcoin Rebounds as Risk Appetite Revives, Institutional Buying Returns: Bitcoin, the flagship cryptocurrency, has staged a notable recovery, breaching the ₩136 million mark in the South Korean market an ...; Global Economic Times Reporter 2025.11.28

HP Unveils Major Restructuring: Up to 10% Workforce Cut to Fund AI Expansion: (C) Mint SEOUL - U.S. computer and printer giant HP (Hewlett-Packard) is embarking on a significant restructuring plan, prioriti ...; Desk 2025.11.26

IMF Urges Korea: Raise Retirement Age to 65, Pension Age to 68, and Overhaul Wage Structure Simultaneously: The International Monetary Fund (IMF) has issued a rare, specific recommendation regarding South Korea's labor and pension systems ...; KO YONG-CHUL Reporter 2025.11.26

South Korea's Overseas Card Spending Soars to Record High of $5.93 Billion Amid Travel Boom: (C) Roshan Kashmir SEOUL – Overseas card spending by South Korean residents surged to an all-time high in the third quart ...; Global Economic Times Reporter 2025.11.25

India’s Economic Resilience: S&P Forecasts Robust 6.5% GDP Growth Despite Punitive US Tariffs: (C) Outlook Money NEW DELHI—Global ratings agency S&P has projected that the Indian economy will maintain a strong gr ...; Global Economic Times Reporter 2025.11.25

U.S. Treasury Secretary Scott Bessent Dismisses Recession Fears, Touts 'Blockbuster' 2026 Growth Despite Shutdown Cost: (C) Mint WASHINGTON, D.C. — U.S. Treasury Secretary Scott Bessent has struck a deeply optimistic tone regarding the Ameri ...; Eunsil Ju Reporter 2025.11.24

KOSPI Recovers 4,000 Mark on Nvidia Boost, KOSDAQ Rises Over 2%: SEOUL, November 20, 2025 – The KOSPI index soared past the 4,000-point threshold for the first time in three trading days, b ...; KIM YOUNG MIN Specialized Reporter 2025.11.20

Bitcoin Price Stalls Amid Institutional Buying, Retail Selling, and Rate Uncertainty: Bitcoin continues its sideways movement, hovering around the KRW 136 million mark, as uncertainty regarding the U.S. Federal Reser ...; KO YONG-CHUL Reporter 2025.11.20

Berkshire Hathaway's $4.3 Billion Alphabet Bet Signals Shift in Investment Strategy: (C) Moneycontrol New York/Omaha - Berkshire Hathaway, led by legendary investor Warren Buffett (95), has captured Wall Street's ...; Global Economic Times Reporter 2025.11.16

Kioxia Plunges to Daily Limit on Disappointing Earnings, Rattling Global Chip Stocks: (C) KIOXIA TOKYO/SEOUL/NEW YORK – Japanese flash memory maker Kioxia Holdings saw its shares plummet to the daily lower l ...; Global Economic Times Reporter 2025.11.14

Firefly Aerospace Stock Soars on Surprise Q3 Beat and Raised Guidance: (C) Sputnik US space startup Firefly Aerospace (NASDAQ:FLY) experienced a much-needed surge in its stock price, climbing over 2 ...; Eugenio Rodolfo Sanabria Reporter 2025.11.13

Korean Margin Debt Soars to Record High Amid '5000-Point Hopes,' Sector Concentration Rings Alarm Bells: (C) Pixabay SEOUL — South Korea's "Bit-tu" (investing with borrowed money) balance has surged to an all-time high, breaki ...; Global Economic Times Reporter 2025.11.10

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