Global Economic Times

2026.05.08 (Fri)
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South Korea’s KOSPI Surges to 7th in Global Market Cap, Overtaking Canada and UK

SEOUL — In a historic shift for global equity markets, the South Korean stock market has ascended to the rank of the world’s seventh-largest by market capitalization. This milestone comes
Gmarket’s Cinematic Ad Campaign Goes Viral, Sparking High Anticipation for ‘Big Smile Day’

SEOUL, South Korea – Gmarket, one of South Korea’s leading e-commerce platforms, is witnessing a massive pre-event surge in consumer interest. The company’s latest star-studded adver

Chinese Automakers Pivot to Global Markets as Domestic Demand Falters and Oil Prices Soar

As high international oil prices reshape global consumer behavior, Chinese automakers are aggressively accelerating their overseas expansion to offset a cooling domestic market. Major players includin

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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

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates: SEOUL — South Korea’s financial markets descended into a state of absolute panic on Wednesday as the specter of a prol ...; Hwang Sujin Reporter 2026.03.05

The Golden Touch: Kim Tae-hee Nets $6.4 Million Profit in Strategic Real Estate Exit: SEOUL – In a transaction that underscores the soaring heights of South Korea’s luxury real estate market, acclaimed ac ...; Hwang Sujin Reporter 2026.03.04

Out-of-Town Investors Shaken as Seoul Targets Non-Resident Homeowners: SEOUL — The long-preferred strategy of "remote investing"—where provincial residents purchase high-value apartments in ...; Global Economic Times Reporter 2026.03.04

South Korean Won Shakes as Exchange Rate Pierces 1,500 Mark Amid Middle East Oil Shock: SEOUL — The South Korean won plummeted to its weakest level against the U.S. dollar in nearly 17 years during overnight trad ...; Desk 2026.03.04

Oil Hits $130 Amid Prolonged Hormuz Blockade: How Will Global Markets React?: (C) PBS SEOUL — The global energy and financial sectors are bracing for a massive seismic shift as geopolitical tensions ...; Kim Sungmoon Reporter 2026.03.02

Homeplus Rehabilitation Triggers Structural Shift in Korea's Retail "Big 3": (C) Homeplus SEOUL — The long-standing "Big Three" hierarchy of the South Korean hypermarket industry—comprising E- ...; Desk 2026.03.02

BOK Expands Foreign Currency Loan Scope to Include Working Capital for Exporters: SEOUL — The Bank of Korea (BOK) announced that effective February 27, 2026, export-oriented companies will be permitted to t ...; Global Economic Times Reporter 2026.03.01

The "K-Shaped" Paradox: Why South Korea’s Recovery Isn't Igniting Inflation: (C) The Adecco Group SEOUL — South Korea is currently witnessing a stark economic divergence that is rewriting the rules ...; Global Economic Times Reporter 2026.02.28

KOSPI Shatters Records to Hit 6,200 Mark: Samsung Electronics and SK Hynix Surge on Nvidia’s AI Propelled Rally: (C) TJB News SEOUL – The South Korean stock market entered uncharted territory on Thursday, as the benchmark KOSPI index ...; KO YONG-CHUL Reporter 2026.02.27

Coupang Hits Record Annual Revenue but Q4 Profits Plummet Amid Data Breach Fallout: SEOUL – Coupang Inc. (NYSE: CPNG) reported record-breaking annual revenue and its third consecutive year of operating profit ...; Global Economic Times Reporter 2026.02.27

NVIDIA’s Record Earnings Trigger Market Shock: Nasdaq Tumbles as Investors "Sell the News": (C) Seeking Alpha NEW YORK — In a move that left many retail investors bewildered, the New York stock market witnessed a ...; Desk 2026.02.27

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

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