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2026.11.11 (Wed)
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US "Blue Wave" Fades as KOSPI Recovers Past 5,200: Inflation Remains the Key Variable for Future Rallies

Following a volatile period triggered by the U.S. midterm elections, South Korea's benchmark KOSPI has staged a dramatic rebound, soaring past the 5,200 threshold fueled by a powerful rally among
South Korean Doctors' Average Annual Business Income Tops 400 Million Won in Latest Tax Data

SEOUL — South Korea’s medical professionals, particularly physicians, have seen their average business earnings climb significantly, though the data also points to a widening gap between h

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

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US Jobs Report Shows Unemployment Claims at Lowest Levels in 50 Years: The U.S. economy had another month of strong employment gains between mid-February and mid-March, adding 431,000 new jobs. Althoug ...; Global Economic Times Reporter 2024.11.09

“Again Trump”… Korean economic uncertainty tsunami: As the 'second term of Trump's administration' is expected to take place, attention is being paid to the impact it will have on ou ...; Global Economic Times Reporter 2024.11.07

South Korean PE Firms Face Scrutiny Over Value Creation: A recent study has revealed that South Korea's top five private equity firms have struggled to significantly boost the return on e ...; Global Economic Times Reporter 2024.11.06

US Job Market Shows Mixed Signals in October: The US labor market painted a complex picture in October, with significant job growth in certain sectors offset by substantial los ...; Global Economic Times Reporter 2024.11.06

South Korea's Foreign Exchange Reserves Shrink Amidst Strong Dollar: South Korea's foreign exchange reserves contracted by over $42 billion in October, primarily attributed to the strengthening US do ...; Global Economic Times Reporter 2024.11.05

German Inflation Surges, Economic Recovery Uncertain: German inflation unexpectedly climbed to 2.4% in October, surpassing the European Central Bank's 2% target. This uptick, driven by ...; Pedro Espinola Special Correspondent 2024.11.05

Eurozone Inflation Rises Unexpectedly: Eurozone inflation unexpectedly climbed to 2% in October, according to preliminary data released by Eurostat on Thursday. This fig ...; Global Economic Times Reporter 2024.11.05

Inflation Eases Further, Fed Rate Cut Expected: Inflation in the United States continued its downward trend in September, inching closer to the Federal Reserve's 2% target. The P ...; Global Economic Times Reporter 2024.11.05

Inflation Hits Low-Income Households Hardest: Inflation has exacerbated financial challenges for Americans, particularly low-income households. As the cost of living rises, fam ...; Desk 2024.11.05

South Korea Seeks to Expand Regional Gift Certificate Use to Rural Areas: A new bill has been introduced in the South Korean National Assembly that would allow regional love gift certificates to be used a ...; Global Economic Times Reporter 2024.11.05

Hyosung Heavy Industries Secures Major Order from Ørsted for UK Offshore Wind Farm: Hyosung Heavy Industries announced on November 4th that it had secured a contract to supply ultra-high voltage electrical equipmen ...; Global Economic Times Reporter 2024.11.05

South Korean Small Businesses Face Another Quarter of Declining Sales and Profits: A new report from Korea Credit Data (KCD) has revealed that South Korean small businesses experienced a significant decline in bot ...; Global Economic Times Reporter 2024.11.05

South Korea Faces Significant Economic Losses Due to Climate Change: A new report by the Bank of Korea, the Financial Supervisory Service, and the Korea Meteorological Administration warns that South ...; Pedro Espinola Special Correspondent 2024.11.05

SK Hynix to Accelerate HBM4 Supply for Nvidia Amidst AI Boom: SK Group Chairman Chey Tae-won revealed that Jensen Huang, CEO of Nvidia, has requested an acceleration of the supply schedule for ...; ONLINE TEAM 2024.11.05

Las tasas de interés de los depósitos bancarios se reducen una tras otra... las tasas de interés de los préstamos están aumentando: Después del recorte de la tasa de interés básica del Banco de Corea, los bancos han estado reduciendo las tas ...; ONLINE TEAM 2024.11.03

Agricultural Cooperatives Called to Strengthen Social Services to Combat Rural Decline: As rural decline emerges as a pressing social issue, calls for agricultural cooperatives to strengthen their role as the focal poi ...; Global Economic Times Reporter 2024.11.02

“Government tax cut benefits, when middle- and low-income earners increase by 6.8%, high-income earners increase by 9.9%.”: An analysis showed that while the benefits received by middle- and low-income earners over five years due to the government's tax ...; ONLINE TEAM 2024.10.31

Delivery app win-win council agrees to meet again until the end, differing opinions on commission rate: The win-win consultative body between the delivery platform and the store company, which aims to come up with a win-win plan such ...; Global Economic Times Reporter 2024.10.31

Kim Jong-guk, the ‘salty man’ who washes wet tissues, receives a presidential commendation: [GLOBAL ECONOMIC TIMES] Singer and broadcaster Kim Jong-guk, famous for being a ‘salty guy,’ received a presidential ...; Hwang Sujin Reporter 2024.10.30

“What should I do about signing up for a rental deposit?” Sudden suspension of HUG capital expansion: [GLOBAL ECONOMIC TIMES] According to the Ministry of Land, Infrastructure and Transport on the 29th, HUG suddenly halted procedur ...; Hwang Sujin Reporter 2024.10.30