Global Economic Times

2026.06.27 (Sat)
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Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

SEOUL — The South Korean government announced a decisive reduction in the maximum price caps for petroleum products, effective from midnight on June 27. This measure, marking the seventh adjustm
Political Debates Spark Over Semiconductor "Windfall" Redistribution

As South Korea’s semiconductor industry rides the crest of an unprecedented AI-driven boom in 2026, a contentious debate has emerged within political circles regarding how to manage the resultin

Global Markets Expected to Continue AI-Driven Rally in H2 2026

The Korea Center for International Finance (KCIF) released its "Global Economic and Financial Market Outlook for the Second Half of 2026" on June 25, projecting that the global stock marke

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"5-Year Wait for K-Transformers": Supply Shortage Creates a 'Tariff-Free Zone': (C) IEEE Spectrum SEOUL – The global power equipment market has shifted into a dominant "sellers' market," with South Kor ...; Eugenio Rodolfo Sanabria Reporter 2026.01.15

Crypto "Super Ant" Gains $7.2M with 1,043% Return on Altcoin: (C) Businees Insight SEOUL — A retail investor, often referred to in Korea as a "Super Ant," has made headlines after rec ...; Desk 2026.01.15

Global Central Bankers Issue "Joint Statement of Solidarity" with Fed Chair Jerome Powell Amid Legal Threats: (C) KUTV SEOUL / FRANKFURT – In an unprecedented show of international unity, central bank governors from the world&rsqu ...; KO YONG-CHUL Reporter 2026.01.13

Gas Prices in South Korea Fall for Fifth Consecutive Week: (C) Autodeal Domestic fuel prices in South Korea continued their downward trend this week, marking the fifth consecutive week o ...; Hwang Sujin Reporter 2026.01.11

Major Four Korean Banking Groups Hit Record 18 Trillion Won Net Profit Amid Shifting Market: South Korea’s top four financial groups—KB, Shinhan, Hana, and Woori—are projected to have achieved a combined a ...; Global Economic Times Reporter 2026.01.11

LG Electronics Posts Record Annual Revenue Amid First Quarterly Loss in 9 Years: SEOUL – LG Electronics Inc. reported its first quarterly operating loss in nine years for the final three months of 2025, de ...; Desk 2026.01.10

Hanwha Aerospace Hits All-Time High as Trump’s $1.5T Defense Vow Ignites K-Defense Rally: (C) Defence 24 SEOUL – Shares of Hanwha Aerospace Co. surged to a record high on Friday, as U.S. President Donald Trump& ...; Hwang Sujin Reporter 2026.01.10

SpaceX IPO Looms: Strategies and Cautionary Tales for Retail Investors: (C) The Daily Upside SEOUL – As the aerospace industry braces for the potential historic Initial Public Offering (IPO) of ...; KO YONG-CHUL Reporter 2026.01.08

U.S. To Open Floodgates for Venezuelan Crude; Commodity Markets Braced for "Rebalancing Shock": (C) News Ghana [Washington D.C. / New York] The global energy and financial landscape underwent a seismic shift today as the Trum ...; Eugenio Rodolfo Sanabria Reporter 2026.01.08

Double Whammy for Coffee Industry: Surging Bean Prices and New ‘Cup Pricing Label’ Burden: (C) Maaal.com SEOUL - South Korea’s coffee industry is facing a perfect storm as skyrocketing international coffee bean p ...; Desk 2026.01.07

Silver Rush in Jongno: Showcases and Waiting Lists for Silver Bars as Prices Soar: (C) Investing News Network JONGNO, SEOUL – The historic jewelry district of Jongno 3-ga is currently swept up in a "Silver ...; Hwang Sujin Reporter 2026.01.07

Conflict Brews Over Ilsan Bridge Toll-Free Initiative: Gyeonggi Pushes Forward While Incheon Hesitates: (C) Gyeonggi Province GOYANG/INCHEON — A long-standing tug-of-war over the toll fees of Ilsan Bridge, the only paid crossin ...; Global Economic Times Reporter 2026.01.06

Domestic Equity Funds Outperform Global Peers with 81% Return in 2025: (C) Investment Week SEOUL — South Korean equity funds delivered a stellar performance in 2025, significantly outperforming ...; Yim Kwangsoo Correspondent 2026.01.05

"2026 is the Year of K-Stock Revival": Ultra-High-Net-Worth Individuals Bet on 'K.O.R.E.A.': (C) KED Global SEOUL – As 2026 begins, South Korea’s ultra-wealthy investors, each holding assets exceeding 3 billion ...; Desk 2026.01.05

Seoul Apartment Prices Hit 19-Year High in 2025, Surpassing Previous Peak: Seoul apartment prices surged by 8.71% in 2025, marking the sharpest annual increase in 19 years and exceeding the previous peaks ...; Yim Kwangsoo Correspondent 2026.01.02

Basic Pension Eligibility Threshold Raised to 2.47 Million Won for Single Senior Households: (C) BORGEN Magazine SEOUL – The Ministry of Health and Welfare announced on January 1, 2026, that the income eligibility th ...; Kim Sungmoon Reporter 2026.01.02

Bain Capital to Acquire Andar Parent Echo Marketing, Launching Tender Offer for Delisting: SEOUL — Bain Capital, a leading global private equity firm, is set to acquire Echo Marketing, a KOSDAQ-listed digital market ...; Global Economic Times Reporter 2026.01.02

OpenAI Sets New Record with $1.5 Million Stock Compensation Per Employee: (C) NewsBytes SAN FRANCISCO – OpenAI, the creator of ChatGPT, has set a new benchmark in Silicon Valley by granting its emp ...; Eunsil Ju Reporter 2026.01.02

GM Outperforms Tesla and Ford in 2024 Stock Performance: (C) Toledo Blade DETROIT — General Motors (GM) has emerged as the top-performing auto stock among U.S.-listed carmakers in ...; Graciela Maria Reporter 2026.01.01

Copper Prices Skyrocket 40% in 2025, Marking Best Performance in 16 Years: (C) Valley City times SEOUL – While gold and silver traditionally dominate the spotlight during precious metal rallies, 202 ...; KO YONG-CHUL Reporter 2026.01.01

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