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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Focus Shifts from Rates to Rhetoric: Markets On Edge for Fed Chair Warsh’s Debut Message at June FOMC: SEOUL — Having successfully digested the latest round of inflation data, global financial markets are turning their undivide ...; KO YONG-CHUL Reporter 2026.06.15

Banks Lock in Corporate Funds with 3% Deposit Rates to Counter 'Money Move' Risks: SEOUL — South Korean commercial banks are aggressively raising interest rates on fixed-term deposits to the 3% range. Driven ...; Kim Sungmoon Reporter 2026.06.15

KOSPI Soars at Market Open, Triggering Buy Sidecar on U.S.-Iran Peace Agreement: SEOUL — The South Korean benchmark KOSPI index experienced a dramatic surge immediately after the opening bell on Monday, tr ...; KO YONG-CHUL Reporter 2026.06.15

Mirae Asset Fails to Secure SpaceX IPO Shares, Dealing a Blow to Domestic ETF Portfolios: SEOUL — Mirae Asset Securities, which participated as an underwriter in the highly anticipated initial public offering (IPO) ...; Global Economic Times Reporter 2026.06.14

President Lee Demands End to Stock Manipulation via Media: “Return to Honest Journalism”: SEOUL — President Lee Jae-myung issued a stern warning against corrupt media practices over the weekend, calling for an imme ...; Desk 2026.06.14

EV Public Charging Discounts Prove Successful: Usage Surges 9.2% as South Korea Pilots Demand-Shifting Grid Strategy: SEOUL — A targeted government initiative to lower public electric vehicle (EV) charging rates during peak renewable energy g ...; Global Economic Times Reporter 2026.06.13

Gasoline Prices Drop for Fourth Consecutive Week as Trump’s Comments Send Global Oil Prices Plummeting: SEOUL — Domestic gasoline and diesel retail prices in South Korea have declined for the fourth consecutive week, reflecting ...; Hwang Sujin Reporter 2026.06.13

$85 Billion IPO Debacle: South Korean Retail and Institutional Investors Left Empty-Handed as Goldman Sachs Slashes SpaceX Allocations to Zero: SEOUL — South Korean investors who eagerly anticipated a piece of Elon Musk’s aerospace behemoth, SpaceX, have been le ...; Desk 2026.06.13

KOSPI Plummets to 7,400 Level Amid U.S. Strike Fears, AI Anxieties, and Quadruple Witching Day: The South Korean benchmark stock index, KOSPI, suffered a sharp decline in early trading on Thursday, tumbling to the 7,400 level. ...; Desk 2026.06.11

KOSPl’s Rollercoaster Ride: From Hell to Heaven in 24 Hours as 'Fear Gauge' Hits Historic High: SEOUL — The South Korean stock market experienced a breathtaking u-turn, swinging from "hell to heaven" in less than 24 hour ...; Desk 2026.06.09

L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production: SEOUL — L&F Co., a prominent South Korean pioneer in secondary battery materials, officially announced on Thursday that ...; Hwang Sujin Reporter 2026.06.05

Major Korean Telcos Trim Online-Exclusive Plans by Up to 50% Amid Shift to Unified Mobile Tariffs: SEOUL — South Korea’s major mobile carriers are drastically streamlining their online-exclusive service plans, reducin ...; Hwang Sujin Reporter 2026.06.05

40s Emerge as Dominant Force in Tech Leverage ETFs: Investing 3.3 Trillion Won for Double Returns: A profound shift is occurring within the South Korean equity market as investors in their 40s emerge as the primary driver of sing ...; Global Economic Times Reporter 2026.06.03

Kospi Rallies on Samsung and SK Hynix: "10,000 Points is Just the Baseline": AI Infrastructure Boom Propels South Korean Stock Market Toward Historic HeightsAs the Kospi continues its relentless upward march ...; Global Economic Times Reporter 2026.06.01

K-Delivery At A Crossroads: Decreasing Reinvestment Power Amist Uber’s Grip on DH and Regulatory Pressures: (C) Gemini AI Image Uber Deepens Control Over DH: A Shift in the K-Delivery LandscapeThe South Korean food delivery platform ma ...; KO YONG-CHUL Reporter 2026.05.28

KOSPI Smashes Through 8,400 Barrier for First Time in History: SEOUL — South Korea’s benchmark KOSPI index staged a historic rally on Wednesday morning, capturing the unprecedented ...; Kim Sungmoon Reporter 2026.05.27

'30 Times the Minimum Wage': Samsung Semiconductor Compensation Sparks Nationwide Debate Over Wealth Gap and 'Relative Deprivation': SEOUL — In an unprecedented turn of events, the extraordinary compensation package of Samsung Electronics' semiconductor div ...; KO YONG-CHUL Reporter 2026.05.27

Bottom End of Fixed Mortgage Rates Tops 5%… Homeowners Groan Under Heavy Interest Burden: The lower limit (bottom end) of fixed-rate mortgage loans at major commercial banks has breached the 5% annual threshold, pushing ...; Hwang Sujin Reporter 2026.05.24

'Sold Out in One Day' National Growth Fund Sparks Frenzy… Authorities Consider Additional Sales in H2 as Ordinary Citizens Rush In: 87% of the total limit exhausted on day one; low-to-middle income subscribers account for nearly 40% of bank sales. 'Government lo ...; Desk 2026.05.24

K-Semiconductor Shackled by Tens of Trillions in Bonuses, Facing Crisis of Extinction Amid 'Hundred-Trillion' Expansion by Micron and TSMC: The South Korean semiconductor industry, the backbone of the nation's economy, has run into an unprecedented storm of internal and ...; Kim Sungmoon Reporter 2026.05.24