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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Philippines' Central Bank Likely to Accelerate Rate Cuts as Inflation Stabilizes: MANILA – The Bangko Sentral ng Pilipinas (BSP) is set to continue its monetary policy easing, forecasting that this year's i ...; Global Economic Times Reporter 2025.08.05

Fuel Prices to Rise by Up to P1.90 Per Liter: MANILA — Another round of fuel price hikes is set to hit consumers, adding to the financial burden of ordinary citizens. Sta ...; Global Economic Times Reporter 2025.08.05

Eurozone Inflation Stabilizes at 2%, Giving ECB a Breather but Euro's Weakness a 'Worry': Eurozone inflation remained stable at 2% in July, a development that is seen as easing the European Central Bank's (ECB) monetary ...; Desk 2025.08.05

Corporate Tax, Securities Transaction Tax, Stock Transfer Tax: A 'Triple Tax Hike' to Secure 35.6 Trillion Won in Tax Revenue Over 5 Years: The government is set to implement a so-called "triple tax hike" on corporate tax, securities transaction tax, and stock transfer ...; Hwang Sujin Reporter 2025.08.01

Novo Nordisk Shares Plummet as Competition Heats Up in Obesity Drug Market: Copenhagen, Denmark – Shares of Danish pharmaceutical giant Novo Nordisk, widely known for its blockbuster obesity drug Wego ...; Graciela Maria Reporter 2025.07.30

This Year's High of 23,943 Points, When Will It Be Surpassed? Experts Say, "Short-term Rally to Continue, But 23,486 Points Must Be Overcome First": The Taiwan stock market has risen for five consecutive weeks, settling above 23,000 points. While investors are anticipating the m ...; Desk 2025.07.27

SK Hynix Achieves Record-Breaking Performance Driven by HBM, Surpassing Samsung Electronics Twofold in 'Earning Surprise': ICHEN, SOUTH KOREA – SK Hynix, a leader in the High Bandwidth Memory (HBM) market, has made significant waves in the semicon ...; Hwang Sujin Reporter 2025.07.24

Foreigners Bet 6.3 Trillion Won on KOSPI… Nomura Also Shouts "4000": Foreign investors' relentless net buying spree on KOSPI is driving the index to new year highs. Foreign investment banks are raisi ...; Desk 2025.07.24

First Round of Livelihood Recovery Consumer Coupons Begins Issuance; Applications Start July 21: The Ministry of Interior and Safety will begin accepting applications for the first round of Livelihood Recovery Consumer Coupons ...; Global Economic Times Reporter 2025.07.20

Dollar Exchange Rate Continues to Decline, Reaches Weekly Low: ASUNCIÓN, July 16, 2025 – The exchange rate of the Paraguayan Guaraní against the U.S. dollar has continued it ...; Graciela Maria Reporter 2025.07.16

Paraguay Consumer Confidence Index Falls Back into 'Pessimistic' Territory: ASUNCION, Paraguay – Paraguay's Consumer Confidence Index (ICC) dropped to 47.67 in June, falling both monthly and annually, ...; Global Economic Times Reporter 2025.07.16

Overseas Securities Trading Volume Slightly Down in H1 2025, but Holdings Soar: During the first half of this year, Korean investors' overseas securities trading volume slightly decreased compared to the second ...; Eugenio Rodolfo Sanabria Reporter 2025.07.14

Lee Jae-myung, President of South Korea, stated, "Consumption coupons will bring warmth to alleyway commercial areas," promoting public participation in dining out and focusing on people's livelihoods.: On July 12, 2025, President Lee Jae-myung strongly urged the public to dine out to stimulate the stagnant domestic economy, expres ...; Hwang Sujin Reporter 2025.07.12

South Korea's Land Ownership Status: 4 in 10 People Are Landowners, Intensified Concentration Among the Elderly: As of the end of 2024, approximately four out of ten South Koreans own land. Notably, over 65% of land owners are aged 60 or above ...; Hee Chan Kim Reporter 2025.07.11

Romualdez Files Bill to Amend Bank Secrecy Law to Combat Financial Crimes: House Majority Leader Martin Romualdez (Leyte 1st District) has filed House Bill No. 7, seeking to amend the Bank Secrecy Law to e ...; Ana Fernanda Reporter 2025.07.10

Bucheon City Fully Activates "Livelihood Recovery Consumption Coupon Task Force" to Boost Local Economy: Active utilization of Bucheon-style basic care models, including "Onmaum AI Welfare Call" guidance for vulnerable groups Bucheon ...; Hwang Sujin Reporter 2025.07.09

South Korea Relaunches High-Efficiency Appliance Rebate Program: Seoul, South Korea – The South Korean government has announced the immediate resumption of its "Top Efficiency Home Applianc ...; Hwang Sujin Reporter 2025.07.06

Global Food Prices Edge Up in June, Driven by Oils, Meat, and Dairy: ROME – The global food price index witnessed a modest increase in June, climbing by 0.5% to 128.0 points, as reported by the ...; Desk 2025.07.05

South Korea Launches Nationwide Consumption Coupon Program to Boost Economy: Seoul, South Korea – The South Korean government has announced the first phase of its ambitious "People's Livelihood Recover ...; Hwang Sujin Reporter 2025.07.05

Philippines Misses Upper-Middle Income Status: Vows Further Efforts to Achieve Goal: MANILA, Philippines – The Philippines remains classified as a lower-middle-income country, according to the World Bank's 202 ...; Ana Fernanda Reporter 2025.07.04