Global Economic Times

2026.05.08 (Fri)
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South Korea’s KOSPI Surges to 7th in Global Market Cap, Overtaking Canada and UK

SEOUL — In a historic shift for global equity markets, the South Korean stock market has ascended to the rank of the world’s seventh-largest by market capitalization. This milestone comes
Gmarket’s Cinematic Ad Campaign Goes Viral, Sparking High Anticipation for ‘Big Smile Day’

SEOUL, South Korea – Gmarket, one of South Korea’s leading e-commerce platforms, is witnessing a massive pre-event surge in consumer interest. The company’s latest star-studded adver

Chinese Automakers Pivot to Global Markets as Domestic Demand Falters and Oil Prices Soar

As high international oil prices reshape global consumer behavior, Chinese automakers are aggressively accelerating their overseas expansion to offset a cooling domestic market. Major players includin

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Samsung Heiresses to Sell $1.3 Billion Worth of Samsung Electronics Shares for Inheritance Tax: SEOUL – The controlling family of Samsung Group is set to dispose of a massive block of Samsung Electronics shares, valued a ...; Global Economic Times Reporter 2025.10.19

The Shadow Banking Nexus: A New Crisis Epicenter: The IMF identifies the non-bank financial sector (NBFI)—or 'shadow banking'—as the most significant structural threat ...; Eugenio Rodolfo Sanabria Reporter 2025.10.19

REGIONAL BANK STOCKS REBOUND AS MOODY'S DISMISSES 'SYSTEMIC RISK,' YET OPAQUE PRIVATE CREDIT MARKET CONCERNS PERSIST: U.S. regional bank stocks, including Jefferies, Zions Bancorp, and Western Alliance, staged a significant rebound on October 17 fo ...; Ana Fernanda Reporter 2025.10.19

S. Korea and U.S. Near Trade Deal: Currency Swap with Treasury Eyed to Cushion $350 Billion Investment: SEOUL/WASHINGTON D.C. — South Korea and the United States are reportedly in the final stages of negotiations over a trade ag ...; Desk 2025.10.17

U.S.-Korea Tariff Talks Near Conclusion as Seoul Mobilizes Top Economic Team: WASHINGTON, D.C. — The protracted trade negotiations between the United States and South Korea appear to be nearing a breakt ...; Global Economic Times Reporter 2025.10.16

KOSPI Soars to Record High, Market Cap Breaches KRW 3,000 Trillion for the First Time: SEOUL – South Korea's benchmark stock index, the KOSPI, achieved a historic milestone on Wednesday, October 15, surpassing t ...; KO YONG-CHUL Reporter 2025.10.16

OpenAI's $7 Trillion Vision Becomes Reality: Altman's Mega-AI Infrastructure Drive: What was once dismissed as a flights of fancy has rapidly materialized into one of the most significant industrial projects of the ...; Hwang Sujin Reporter 2025.10.15

KOSPI's Unexpected Resilience: A Silver Lining in Global Trade Storm: Seoul, South Korea - Global financial markets experienced a sharp sell-off following a significant escalation in the U.S.-China tr ...; Eugenio Rodolfo Sanabria Reporter 2025.10.13

Cocoa Futures Plunge 50% from Peak, Signaling Potential Chocolate Price Relief: SEOUL, South Korea—The international market price for cocoa beans has plummeted, dropping by nearly 50% from its peak and re ...; Desk 2025.10.12

New York Stock Market Plunges on Trump's Threat of Tariffs on China... Tech Stocks Crash, International Oil Prices Hit a 5-Month Low: Major indices on the New York stock market fell across the board on the 10th (local time), expressing concern over the re-ignition ...; KO YONG-CHUL Reporter 2025.10.11

Bitcoin Plummets Below $110,000 Mark, Hit Directly by 'Escalating US-China Trade Tensions': Bitcoin, the market leader in the cryptocurrency market, has dropped significantly below the $110,000 mark due to the escalating t ...; Global Economic Times Reporter 2025.10.11

Trump's Tariff Scare Reignites Financial Market Panic as Won/Dollar Exchange Rate Breaks 1,430 Again: The warning from U.S. President Donald Trump about a massive increase in tariffs on China immediately sent a shockwave through the ...; Hwang Sujin Reporter 2025.10.11

South Korea's Foreign Reserves Top $422 Billion, Maintain 10th Global Ranking: SEOUL – South Korea's foreign exchange reserves have climbed back above the $420 billion mark, rising for the fourth consecu ...; Kim Sungmoon Reporter 2025.10.10

Commodities Soar: Gold Nears $4,000 as ETFs Heat Up: The commodity market is experiencing a significant boom, driving up the value of related Exchange-Traded Funds (ETFs) and signalin ...; Global Economic Times Reporter 2025.10.10

Vietnam, 'Asia's Powerhouse' Amidst Global Uncertainty, Records High 8.23% GDP Growth in Q3: Hanoi - Despite global trade conflicts and the spread of protectionism, the Vietnamese economy showed a clear recovery, recording ...; Hwang Sujin Reporter 2025.10.09

World Bank Forecast: Will Brazil's Economy Drive Latin American Growth in 2025?: Rio de Janeiro, Brazil - The World Bank, an international financial institution, projects that the Brazilian economy will grow by ...; Global Economic Times Reporter 2025.10.08

TARIFF 'BOOMERANG' HITS U.S. CONSUMERS: IMPORT PRICES SURGE: WASHINGTON D.C. – The ripple effects of the Trump administration’s sweeping tariff hikes are now demonstrably impactin ...; KO YONG-CHUL Reporter 2025.10.06

Public Opinion in U.S. Bucks Protectionist Trend, Strongly Backs South Korea Alliance and Trade: A recent comprehensive public opinion survey reveals a significant disconnect between the American populace and the protectionist ...; Eugenio Rodolfo Sanabria Reporter 2025.10.04

Hanfu Sold as 'Hanbok' on Korean Shopping Sites Sparks Cultural Outrage: SEOUL, South Korea—A fresh cultural dispute is escalating in South Korea as the traditional Chinese garment, 'Hanfu,' is bei ...; Kim Sungmoon Reporter 2025.10.02

KOSPI Soars Past 3,500, Hitting New All-Time High on Tech Rally: SEOUL — South Korea’s benchmark KOSPI index shattered records today, surpassing the 3,500 mark for the first time in h ...; Desk 2025.10.02