Global Economic Times

2026.09.26 (Sat)
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Soraepogu Support Center Opens Wide… Park Chan-dae: “Expectations for Fish Market Revitalization”

Ahead of the Chuseok holiday, citizens continued to visit to purchase seafood. Merchants were busy explaining seafood prices and conditions to customers. On this day, the opening ceremony of the &lsq
OECD Raises Korea's Growth Outlook to 3.7%

The Organisation for Economic Co-operation and Development's (OECD) outlook on the South Korean economy has changed significantly in just three months. The OECD projected South Korea's economi

"U.S. Pushes for Institutionalizing Virtual Assets, While South Korea Treats Them Like Entertainment and Casinos"

It has been found that the South Korean government still classifies "blockchain-based virtual asset trading and brokerage" as an industry excluded from being recognized as a corporate-affi

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South Korea Unveils 'Productive Finance ISA' to Drive Wealth Creation for Youth and Boost Capital Markets: SEOUL — In a sweeping effort to stimulate domestic capital markets and help young citizens build long-term wealth, the South ...; Global Economic Times Reporter 2026.08.04

Regulatory Squeeze Takes Effect: Single-Stock Leverage Trading Volume Collapses 90% Following KRW 30 Million Deposit Mandate: SEOUL — South Korea’s newly implemented regulatory restrictions on single-stock leveraged and inverse exchange-traded ...; Hwang Sujin Reporter 2026.08.04

South Korea to End Tax Cuts for Hybrid Vehicles This Year; Incentives for Electric and Hydrogen Cars Extended to 2028: SEOUL — South Korea’s Ministry of Economy and Finance (MOEF) announced its comprehensive '2026 Tax Reform Plan' on Aug ...; Desk 2026.08.04

Bank of Korea Shifts Stance to Resume Gold Purchases After 13-Year Hiatus: SEOUL — The Bank of Korea (BOK) has officially shifted its long-held conservative reserve management strategy, announcing a ...; Global Economic Times Reporter 2026.08.04

BSP Honors Northern Luzon Partners for Driving Financial Inclusion and Digital Growth: The Bangko Sentral ng Pilipinas (BSP) has commended key partner institutions across Northern Luzon for their crucial role in expan ...; Global Economic Times Reporter 2026.08.02

Philippine Bank Lending and Money Supply Growth Moderated in June: MANILA — Expansion in Philippine bank lending and domestic money supply eased in June 2026, reflecting heightened caution am ...; Global Economic Times Reporter 2026.08.02

Korea Tightens Grip on Offshore Crypto Holdings: Investors Urged to Disclose Assets as CARF Enforcement Approaches: SEOUL — For years, many South Korean cryptocurrency investors operated under the assumption that offshore digital assets rem ...; Hwang Sujin Reporter 2026.08.02

SK Hynix Hits Historic Daily Limit High for the First Time in Company History: SEOUL — South Korean semiconductor giant SK Hynix Inc. made history on Friday, surging to its daily upper price limit during ...; Hwang Sujin Reporter 2026.08.01

Slight Relief: Domestic Fuel Prices Drop for 11th Consecutive Week as Gasoline and Diesel Hover in 1,800-Won Range: South Korean motorists and logistics providers are experiencing a modest measure of financial reprieve as retail gasoline and dies ...; Kim Young Min Reporter 2026.08.01

Wall Street Pauses Semiconductor Rally as Hyperscalers Surge: What It Means for Samsung Electronics and SK Hynix: NEW YORK — Wall Street capped off the final trading session of July with a robust multi-index rally, driven by blowout quart ...; Sharon Yoon Correspondent 2026.08.01

KOSPI Rockets 18% in Historic Single-Day Surge to Reclaim 6,500 Threshold: SEOUL — In an extraordinary display of market momentum that shattered all historical precedents, South Korea’s benchma ...; Global Economic Times Reporter 2026.08.01

“Buy the Dip Despite the Panic Crash?”: Semiconductor Bottom Thesis Gains Traction Amid 'Samjon-Nix' Rout: SEOUL — South Korean stock markets witnessed an unprecedented sea of red on July 28, as panic selling erased years of gains ...; Desk 2026.07.28

"Can't Handle the Roller-KOSPI": Retail Capital Surges into High-Dividend and Covered Call ETFs: SEOUL — As domestic and international stock markets experience sharp, unpredictable fluctuations in July—a turbulent c ...; KO YONG-CHUL Reporter 2026.07.28

KOSPI Plunges Over 11% as Semiconductor Sell-off Shatters 6,000-Point Mark Intraday: SEOUL — South Korean financial markets suffered one of their most turbulent trading sessions in recent history on Tuesday, J ...; Global Economic Times Reporter 2026.07.28

Government Extends 5.2 Trillion Won in Loans for Homeplus Suppliers to Minimize Damage to Workers and SMEs: The South Korean government has implemented a comprehensive financial support package to cushion the economic fallout following th ...; KO YONG-CHUL Reporter 2026.07.25

S. Korea Accelerates Leveraged ETF Rules: ₩30M Cash Deposit Required Starting July 31: Financial authorities in South Korea have announced an accelerated timeline for tightening regulations on single-stock leveraged p ...; Hwang Sujin Reporter 2026.07.25

Woori Financial Group Achieves Q2 Earnings Turnaround, Posting $1.16B First-Half Net Profit Fueled by Non-Banking Surge: SEOUL — Woori Financial Group announced on July 24, 2026, that it achieved a consolidated net profit of 1.609 trillion KRW ( ...; Global Economic Times Reporter 2026.07.25

Inflation Pressures Persist Despite Lower Oil Prices: Korea's Supply Price Index Hits 47-Month High: SEOUL — South Korea’s producer price growth stalled in June for the first time in nine months as tumbling global oil p ...; Kim Sungmoon Reporter 2026.07.24

Bank of Korea Overhauls ₩30 Trillion Intermediary Lending Facility to Boost SMEs and Regional Economies: SEOUL — The Bank of Korea (BOK) has unveiled a comprehensive overhaul of its 30 trillion won ($21.8 billion) Bank Intermedia ...; KO YONG-CHUL Reporter 2026.07.24

U.S. Re-designates South Korea on Foreign Exchange Monitoring List While Commending Market Liberalization Progress: WASHINGTON & SEOUL — The U.S. Department of the Treasury has once again included South Korea on its foreign exchange mon ...; Global Economic Times Reporter 2026.07.24

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