Distribution Economy - Global Economic Times

2026.11.11 (Wed)
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The Generational Wealth Divide: Why Young South Koreans Are Resentful Over the Basic Pension System

SEOUL — In an era defined by economic uncertainty and mounting living costs, a growing policy debate is intensifying across South Korea. At the heart of the friction is a stark contrast: young p
"Wiped Out 90%": Why Retail Traders Refuse to Quit High-Risk Leverage Despite Brutal Market Rout

"When the first 10% loss hit, I convinced myself it was just a routine correction and that the market would bounce right back," shared an anonymous office worker on a popular corporate com

Chungcheongbuk-do Launches TF to Drive the "Regional Revitalization Investment Fund"

Chungcheongbuk-do held the kickoff meeting for the "Regional Revitalization Investment Fund" Task Force at the provincial office on the 10th, presided over by Vice Governor for Economic Af

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KOSPI Rockets 18% in Historic Single-Day Surge to Reclaim 6,500 Threshold: SEOUL — In an extraordinary display of market momentum that shattered all historical precedents, South Korea’s benchma ...; Global Economic Times Reporter 2026.08.01

“Buy the Dip Despite the Panic Crash?”: Semiconductor Bottom Thesis Gains Traction Amid 'Samjon-Nix' Rout: SEOUL — South Korean stock markets witnessed an unprecedented sea of red on July 28, as panic selling erased years of gains ...; Desk 2026.07.28

"Can't Handle the Roller-KOSPI": Retail Capital Surges into High-Dividend and Covered Call ETFs: SEOUL — As domestic and international stock markets experience sharp, unpredictable fluctuations in July—a turbulent c ...; KO YONG-CHUL Reporter 2026.07.28

KOSPI Plunges Over 11% as Semiconductor Sell-off Shatters 6,000-Point Mark Intraday: SEOUL — South Korean financial markets suffered one of their most turbulent trading sessions in recent history on Tuesday, J ...; Global Economic Times Reporter 2026.07.28

Government Extends 5.2 Trillion Won in Loans for Homeplus Suppliers to Minimize Damage to Workers and SMEs: The South Korean government has implemented a comprehensive financial support package to cushion the economic fallout following th ...; KO YONG-CHUL Reporter 2026.07.25

S. Korea Accelerates Leveraged ETF Rules: ₩30M Cash Deposit Required Starting July 31: Financial authorities in South Korea have announced an accelerated timeline for tightening regulations on single-stock leveraged p ...; Hwang Sujin Reporter 2026.07.25

Woori Financial Group Achieves Q2 Earnings Turnaround, Posting $1.16B First-Half Net Profit Fueled by Non-Banking Surge: SEOUL — Woori Financial Group announced on July 24, 2026, that it achieved a consolidated net profit of 1.609 trillion KRW ( ...; Global Economic Times Reporter 2026.07.25

Inflation Pressures Persist Despite Lower Oil Prices: Korea's Supply Price Index Hits 47-Month High: SEOUL — South Korea’s producer price growth stalled in June for the first time in nine months as tumbling global oil p ...; Kim Sungmoon Reporter 2026.07.24

Bank of Korea Overhauls ₩30 Trillion Intermediary Lending Facility to Boost SMEs and Regional Economies: SEOUL — The Bank of Korea (BOK) has unveiled a comprehensive overhaul of its 30 trillion won ($21.8 billion) Bank Intermedia ...; KO YONG-CHUL Reporter 2026.07.24

U.S. Re-designates South Korea on Foreign Exchange Monitoring List While Commending Market Liberalization Progress: WASHINGTON & SEOUL — The U.S. Department of the Treasury has once again included South Korea on its foreign exchange mon ...; Global Economic Times Reporter 2026.07.24

OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months: NEW YORK / SEOUL — After a challenging period during which investor sentiment had visibly shifted toward rival Anthropic, Op ...; Global Economic Times Reporter 2026.07.21

South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won: SEOUL — South Korea’s financial regulators are deploying a sweeping set of emergency stabilization measures to curb th ...; Desk 2026.07.18

TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion: TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has delivered another ...; Ana Fernanda Reporter 2026.07.18

Uber Secures $14 Billion Deal to Acquire Delivery Hero; Vows Continued Strategic Investment in South Korea’s Baemin: SEOUL — In a monumental move set to redefine the global quick-commerce and food delivery sectors, Uber Technologies Inc. has ...; Desk 2026.07.18

Seoul Restructures Welfare Paradigm with Tiered Basic Pension and Bold Blueprint for Global Bio-Pharma Leadership: SEOUL — The South Korean government has announced a sweeping structural overhaul of its basic pension framework, transitioni ...; KO YONG-CHUL Reporter 2026.07.18

President Lee Demands Immediate Crackdown on Single-Stock Leverage ETFs and Bold Debt Relief for the Vulnerable: SEOUL — President Lee Jae-myung has issued a strong directive to regulatory bodies to overhaul South Korea’s financial ...; KO YONG-CHUL Reporter 2026.07.16

Entering the 800 Trillion Won Budget Era: Minister Park Outlines Strategic Focus on Youth, Regional Growth, and Three Mega Projects: SEOUL — Minister of Fiscal Planning and Budget Park Hong-keun announced on July 13 that South Korea is set to enter an unpre ...; KO YONG-CHUL Reporter 2026.07.13

Foreign Investors Return But Sell Off 'Samsung & Hynix' as Price Target Cuts Fuel KOSPI Peak Concerns: SEOUL — Despite a shift to net buying by foreign investors for the first time in 14 trading days, South Korea’s benchm ...; Kim Sungmoon Reporter 2026.07.09

SpaceX Faces Market Reality Check as Stock Plummets Below Day-One Closing Price: NEW YORK — Shares of Elon Musk’s aerospace giant, SpaceX, slipped below their debut-day closing price on Wednesday, ra ...; Ana Fernanda Reporter 2026.07.09

K-Bank’s Lending to Sole Proprietors Surpasses 5 Trillion Won, Fueled by Strategic Pivot to Secured Loans: SEOUL — K-Bank, one of South Korea's prominent internet-only banks, has officially crossed the milestone of 5 trillion won i ...; KO YONG-CHUL Reporter 2026.07.09