Global Economic Times

2026.03.22 (Sun)
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Saudi Arabia Warns of $180 Oil as Iran Conflict Threatens Global Energy Security

RIYADH — Saudi energy officials have issued a stark warning that international crude prices could surge past $180 per barrel if the ongoing conflict in Iran and subsequent supply disruptions ext
South Korea Unveils $47 Million "AX One-Stop" Initiative to Accelerate Industrial AI Transformation

SEOUL — In a bold move to cement its position as a global AI powerhouse, the South Korean Ministry of Science and ICT (MSIT) announced today a massive investment of 625.46 billion KRW (approxima

Finance Chief Koo Vows All-Out Measures to Stabilize Markets Amid Rising Global Volatility

SEOUL — South Korea’s top economic policymaker declared on Thursday that the government is prepared to mobilize all available policy tools, including a supplementary budget and massive mar

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South Korea’s Bakery Giants Slash Prices as Government Ramps Up Pressure on Food Inflation: (C) Youtube SEOUL — In a rare victory for South Korean consumers grappling with "bread-flation," the nation’s two dom ...; Desk 2026.02.26

Bitcoin Plummets to 91 Million Won Range: Value Halved in Just Four Months: (C) IFC Markets SEOUL — The cryptocurrency market is reeling as Bitcoin, the world’s flagship digital asset, fell b ...; Desk 2026.02.25

Wall Street Attempts Recovery as AI Disruption Fears Ease; AMD Surges on Meta Deal: (C) Investing.com NEW YORK – After a turbulent session marked by anxieties over the "destructive impact" of Artificial In ...; KO YONG-CHUL Reporter 2026.02.25

U.S. Signals Potential Tariff Relief on EU Steel and Aluminum Derivatives Amid Rising Trade Tensions: (C) Al Jazeera BRUSSELS / WASHINGTON — In a potential breakthrough for Transatlantic trade relations, the United States i ...; Global Economic Times Reporter 2026.02.25

U.S. Consumer Confidence Hits 91.2 in February, Defying Expectations Amid Economic Optimism: (C) Fox Business NEW YORK — U.S. consumer confidence climbed more than expected in February, reaching its highest level i ...; Global Economic Times Reporter 2026.02.25

Bucheon City Boosts Local Economy with Extended 10% ‘Bucheon Pay’ Incentive Through Year-End: BUCHEON, Gyeonggi Province – In a strategic move to revitalize neighborhood commercial districts and stimulate domestic cons ...; Hwang Sujin Reporter 2026.02.23

Wealth Gap Widens in Korea: Top 20% of Multi-Homeowners Hold 78% of Housing Assets: SEOUL – South Korea’s economic divide has reached a critical tipping point, with real estate concentration and a shrin ...; Desk 2026.02.23

KOSPI Hits Historic 5,900 Mark Mid-Day, Yet "Trump Risk" Casts Shadow Over Rally: SEOUL — The South Korean equity market reached an unprecedented milestone on Monday, with the benchmark KOSPI briefly surgin ...; Global Economic Times Reporter 2026.02.23

Solar Industry Pivots to Copper as Silver Prices Skyrocket: (C) Ahead of the Herd SEOUL — The global solar panel manufacturing industry is facing a significant supply chain crisis a ...; Global Economic Times Reporter 2026.02.20

KOSPI Hits Historic 5,600 Milestone; KOSDAQ Surge Triggers 'Buy Sidecar': SEOUL — The South Korean stock market witnessed a historic rally on Thursday as pent-up investor sentiment from the Lunar Ne ...; Global Economic Times Reporter 2026.02.19

Japan’s Growth Hits 1.1%, Overtaking Korea for the First Time in 27 Years: TOKYO/SEOUL — In a historic shift in East Asian economic dynamics, Japan’s economy grew faster than South Korea’ ...; KO YONG-CHUL Reporter 2026.02.16

Foreign Investors Pivot from Equities to Bonds in January: Net Selling Reaches 100B Won: (C) KED Global SEOUL — Foreign investors shifted their focus from the Korean stock market to fixed-income assets last mon ...; Global Economic Times Reporter 2026.02.13

AI Boom: Speculative Bubble or Generative Opportunity? Investors Shift Focus to "Proof of Profit": (C) Youtube SEOUL — As artificial intelligence continues to dictate the rhythm of global equity markets, a sharp divide i ...; Global Economic Times Reporter 2026.02.11

Clash Over Content Fees: Cable TV vs. Networks Reaches Breaking Point: (C) TVStartup inc SEOUL — The long-standing tension between South Korean cable TV operators (SOs) and Program Providers ( ...; Eugenio Rodolfo Sanabria Reporter 2026.02.09

"Correction is an Opportunity": South Korean Retail Investors Bet $1.8 Billion on U.S. Leveraged ETFs: SEOUL — While the U.S. stock market wavered under the weight of geopolitical uncertainty and shifting monetary policy last w ...; KO YONG-CHUL Reporter 2026.02.09

South Korea’s Inflation Hits 5-Month Low at 2.0% in January, but Grocery Costs Remain High: (C) CNBC SEJONG — South Korea’s consumer price inflation slowed to its lowest level in five months this January, dr ...; Hwang Sujin Reporter 2026.02.03

Wall Street Rebounds on AI Optimism and Earnings; Gold and Silver Continue Sharp Decline: (C) Money Control NEW YORK — The New York stock market closed higher on Monday as robust demand for Artificial Intelligen ...; Global Economic Times Reporter 2026.02.03

JP Morgan Sets Bold 7,500 Target for KOSPI Amid "Firing on All Cylinders" Rally: (C) The Economist SEOUL — Global investment titan JP Morgan has sent shockwaves through the financial markets by aggressi ...; Hwang Sujin Reporter 2026.02.03

Prosecutors Indict 52 Over 10 Trillion Won Price-Fixing Cartel: "Flour, Sugar, and Electricity Prices Rigged": SEOUL — In a massive crackdown on "livelihood crimes" that have devastated the household budgets of ordinary citizens, South ...; Hwang Sujin Reporter 2026.02.02

Fitch Affirms South Korea’s ‘AA-’ Rating, Cites Robust Semiconductor Exports and External Resilience: SEOUL – Global credit rating agency Fitch Ratings has affirmed South Korea’s Long-Term Foreign-Currency Issuer Default ...; KO YONG-CHUL Reporter 2026.01.30

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