Global Economic Times

2026.08.12 (Wed)
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U.S. July Payrolls Unexpectedly Drop, Reigniting Concerns Over Labor Market Cooling

WASHINGTON — U.S. nonfarm payrolls unexpectedly contracted in July, breaking expectations of modest growth and stirring fresh debate over the trajectory of the American economy and future Federa
SK Hynix Declares Q2 Dividend of 375 Won Per Share, Signals Enhanced Shareholder Returns in Q3

SEOUL — SK Hynix Inc., the world’s second-largest memory chipmaker, announced on Friday that its board of directors has approved a quarterly cash dividend of 375 Korean won ($0.27) per com

South Korean Retail Investors Pivot Back to Tech Giants: Amazon and Micron Lead Massive Buying Spree

SEOUL — South Korean retail investors—affectionately referred to in financial markets as "Seohak Ants" for their diligent and aggressive buying of foreign equities—have e

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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

Amazon Launches 'Amazon Grocery,' a Value-for-Money Food Brand Under $5: The world's largest e-commerce company, Amazon, has officially launched a new private-label grocery brand, 'Amazon Grocery,' targe ...; Ana Fernanda Reporter 2025.10.02

KIA EV5: The Electric Family SUV That's Worth a Look: SEOUL — Kia's latest electric offering, the EV5 C-segment SUV, is making a strong play for the family car market, promising ...; Hwang Sujin Reporter 2025.10.01

Seoul's KRW 4.76 Million Wage Towers Over Jeju's KRW 3.27 Million as Job Polarization Deepens: SEOUL—A recent government report has laid bare the widening regional wage polarization in South Korea, demonstrating a drama ...; Hwang Sujin Reporter 2025.10.01

SoftBank and ARK Invest Target $20B Stake in Tether: TOKYO/NEW YORK - Japanese investment powerhouse SoftBank, helmed by Masayoshi Son, and Cathie Wood's ARK Investment Management are ...; Graciela Maria Reporter 2025.09.30

New York Stocks Rebound on Expected Inflation Data; Tesla Jumps 4%: NEW YORK— New York’s major indices snapped a four-day losing streak, posting a significant rebound today as key inflat ...; Hannah Yeh Reporter 2025.09.29

Korean Small-Caps Suffer in Market Rally as Polarization Deepens: SEOUL—The South Korean stock market is undergoing a pronounced bifurcation, a dramatic tale of two markets. While large-cap ...; Desk 2025.09.29

KOSPI Sensitive to Global Headwinds Ahead of Holiday Break: SEOUL — South Korea's benchmark KOSPI index is expected to face a volatile week, likely remaining highly sensitive to negati ...; Desk 2025.09.28

Gold Price Jumps 40% This Year, Sending Gold Mining Stocks Soaring by Triple Digits: The price of gold has surged by more than 40% this year, and major gold mining companies have seen their stock prices rise by trip ...; Ana Fernanda Reporter 2025.09.25

Stablecoin Giant Tether Seeks $25B, Pushing Valuation to AI Titans' Level: Tether, the company behind the world’s largest stablecoin, USDT, is reportedly seeking a valuation on par with tech giants l ...; KO YONG-CHUL Reporter 2025.09.25