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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KRW Touches 1,500 Mark Amid Middle East Turmoil and Sticky U.S. Inflation: SEOUL – The South Korean won breached the psychologically significant 1,500 level against the U.S. dollar in overnight tradi ...; Kim Sungmoon Reporter 2026.03.15

Gas Prices See Double-Digit Drop on Second Day of Price Cap; Gap Between Gasoline and Diesel Narrows: SEOUL – South Korea's nationwide average fuel prices continued their sharp descent for the second consecutive day following ...; KIM YOUNG MIN 2026.03.15

BOK Adopts ‘Wait-and-See’ Stance Amid Rising Middle East Tensions: SEOUL — The Bank of Korea (BOK) announced on Thursday that it intends to maintain a "cautious neutral stance" regarding its ...; Yim Kwangsoo Correspondent 2026.03.12

Hanpass Set to Debut on KOSDAQ This Month: Aiming to Become a ‘Total Lifestyle Platform’ for Foreigners: SEOUL – Hanpass, South Korea’s leading overseas remittance platform for foreign residents, is accelerating its leap to ...; Global Economic Times Reporter 2026.03.12

South Korean Industry Under Siege: Record Oil Prices, Logistics Chaos, and U.S. "Super 301" Tariff Pressure: The South Korean industrial sector has entered a state of "quadruple jeopardy." Already reeling from skyrocketing global oil price ...; Global Economic Times Reporter 2026.03.12

Korea’s Per Capita Income Trapped in $30,000 Range for 12 Years Amid Exchange Rate ‘Booby Trap’: SEOUL — South Korea’s per capita Gross National Income (GNI) has remained stuck in the $30,000 range for over a decade ...; Kim Sungmoon Reporter 2026.03.11

Refining the Narrative: S. Korean Refiners Clarify Misconceptions Over Surging Fuel Prices: SEOUL — As the shadow of global conflict pushes international crude oil prices past the $100 per barrel mark, South Korean c ...; KO YONG-CHUL Reporter 2026.03.11

SK Inc. to Retire $3.6 Billion in Treasury Shares to Maximize Shareholder Value: SEOUL – SK Inc., the strategic investment arm of South Korea’s SK Group, announced on March 10, 2026, that its board o ...; Hwang Sujin Reporter 2026.03.11

KOSPI Plummets Over 8%, Triggering Circuit Breaker for the 8th Time in History: The South Korean stock market faced a severe meltdown on Monday morning, with the benchmark KOSPI plunging more than 8% and trigge ...; Global Economic Times Reporter 2026.03.09

MOTIE Vows to Stabilize Oil Prices, Urges Refiners to Limit Consumer Burden Amid Middle East Tensions: (C) The Star SEOUL – The Ministry of Trade, Industry and Energy (MOTIE) has launched an emergency response to curb soarin ...; Global Economic Times Reporter 2026.03.09

Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis: SEOUL – The South Korean stock market experienced a massive sell-off on March 9, as the KOSPI and KOSDAQ markets were both f ...; Global Economic Times Reporter 2026.03.09

Bitcoin at a Crossroads: Will the $74,000 Threshold Signal a Bullish Reversal or a Slide to $50,000?: (C) Trade Brains SEOUL – The cryptocurrency market is currently standing at a critical psychological and technical juncti ...; Kim Sungmoon Reporter 2026.03.08

The $100 Oil Threshold: Wall Street Braces for a Paradigm Shift as Middle East Conflict Drags On: (C) HK Standard NEW YORK — The geopolitical landscape of the Middle East has shifted into a volatile new gear. As the Uni ...; Sharon Yoon Correspondent 2026.03.08

China’s Strategic Gold Rush: Beijing Amasses Reserves for 16th Straight Month Amid Dollar Uncertainty: BEIJING — As geopolitical tensions simmer in the Middle East and global financial markets grapple with shifting alliances, t ...; Eugenio Rodolfo Sanabria Reporter 2026.03.08

Seven-Eleven Korea Launches 'Whole Thigh Chicken Steak' Amid Aggressive Ready-to-Eat Meal Promotions: SEOUL – Seven-Eleven Korea is turning up the heat in the convenience store "chicken wars." The retail giant announced on Mar ...; Hwang Sujin Reporter 2026.03.07

Celltrion to Retire 9.11 Million Treasury Shares Worth ₩1.9 Trillion in Aggressive Shareholder Return Move: SEOUL – In a decisive move to bolster shareholder value amidst heightening global market volatility, South Korean biopharmac ...; KO YONG-CHUL Reporter 2026.03.07

Global Energy Crisis Ignites as Hormuz Blockade Pushes Oil Past $90; Experts Warn of $150 Peak: (C) Leverage Shares NEW YORK — The global energy market is reeling from an unprecedented shock as the Strait of Hormuz, ...; Global Economic Times Reporter 2026.03.07

S. Korea Secures 6 Million Barrels of UAE Crude Amid Hormuz Blockade; Evacuation of Citizens Underway: SEOUL — The South Korean Presidential Office announced on Friday that it has secured over 6 million barrels of crude oil fro ...; KO YONG-CHUL Reporter 2026.03.06

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds: SEOUL – The financial health of South Korea’s self-employed individuals is deteriorating rapidly, with bank loan delin ...; Yim Kwangsoo Correspondent 2026.03.05

Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi: (C) TOPI SEOUL — Amid a persistent rise in real estate prices, the total outstanding loan balance held by multi-homeowner ...; Desk 2026.03.05