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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KRX Temporarily Slashes Stock Trading Fees by 20-40% to Counter ATS Rival: (C) Deco Journal SEOUL – The Korea Exchange (KRX), South Korea’s sole stock market operator, announced a temporary ...; Hee Chan Kim Reporter 2025.12.15

South Korea’s National Assembly Passes Banking Act Amendment Regulating Loan Interest Rates: (C) KED Global SEOUL – The South Korean National Assembly passed a controversial amendment to the Banking Act today, design ...; Global Economic Times Reporter 2025.12.13

Won-Dollar Exchange Rate Rises to 7-Month High: South Korean Authorities Scramble to Stabilize Currency as Overseas Investment Surges: (C) TradingPedia SEOUL, South Korea — The South Korean won (KRW) has been under severe pressure, with the won-dollar exchan ...; Hee Chan Kim Reporter 2025.12.11

Netflix Stock Plummets 10% on Credit Downgrade Fears Following Blockbuster Warner Bros. Acquisition: (C) Variety HOLLYWOOD — Netflix's ambitious plan to acquire Warner Bros. and its assets, including HBO Max, for a staggerin ...; Sharon Yoon Correspondent 2025.12.11

Alibaba's AI Ascent: Stock Soars 70% as Tech Giant Pivots Beyond E-commerce: (C) Tip Ranks Alibaba Group Holding, globally known for its massive e-commerce platforms like AliExpress and Taobao, is rapidly a ...; Desk 2025.12.11

LG Electronics Poised for a Major Earnings Rebound in 2026: Brokerage Hikes Target Price to KRW 130,000: (C) ET Retail SEOUL - LG Electronics (LGE) is expected to stage a significant earnings recovery starting next year, despite an an ...; Yim Kwangsoo Correspondent 2025.12.11

KOTRA Secures Record $700M Budget for 2026, Spearheading Export Growth and Economic Security: SEOUL, South Korea – The Korea Trade-Investment Promotion Agency (KOTRA) is gearing up for a major push in national export a ...; KO YONG-CHUL Reporter 2025.12.08

Musk's SpaceX Valuation Soars to Up to 800 Billion USD, Claiming Title as World's Most Valuable Private Company: (C) UNN.ua Elon Musk's space exploration company, SpaceX, is reportedly poised to reach a staggering valuation of up to $800 billi ...; Eunsil Ju Reporter 2025.12.08

Economists Predict Another Fed Rate Cut Ahead of Final FOMC of the Year: (C) Coinpedia SEOUL - The U.S. Federal Reserve (Fed) is set to convene its final Federal Open Market Committee (FOMC) meeting of t ...; Global Economic Times Reporter 2025.12.08

Seoul's 'Insane Rent' Warning: Why $30,000 Monthly Rent is a Looming Threat Residential Crisis Deepens as Tourist Housing Conversion Hits Supply: (C) Pixabay A severe shortage of residential properties, particularly in Seoul, is fueling a surge in conversion of urban housing ...; Desk 2025.12.06

Banks Eye Digital Assets: Woori Bank Displays Bitcoin Price in Dealing Room: (C) The Gulf Independent SEOUL, South Korea—In a clear sign that traditional financial institutions are beginning to seriou ...; Hwang Sujin Reporter 2025.12.05

US Layoffs Surge: Over 1.17 Million Job Cuts Announced in First 11 Months of 2025: (C) Visual Capitalist New York — US employers have announced more than 1.17 million job cuts from January through Novembe ...; Eunsil Ju Reporter 2025.12.05

LG Electronics Boosts Shareholder Value with KRW 200 Billion Return and Full Treasury Stock Cancellation: SEOUL — LG Electronics, a global leader in technology and innovation, announced a significant acceleration of its corporate ...; Global Economic Times Reporter 2025.11.28

Bitcoin Rebounds as Risk Appetite Revives, Institutional Buying Returns: Bitcoin, the flagship cryptocurrency, has staged a notable recovery, breaching the ₩136 million mark in the South Korean market an ...; Global Economic Times Reporter 2025.11.28

HP Unveils Major Restructuring: Up to 10% Workforce Cut to Fund AI Expansion: (C) Mint SEOUL - U.S. computer and printer giant HP (Hewlett-Packard) is embarking on a significant restructuring plan, prioriti ...; Desk 2025.11.26

IMF Urges Korea: Raise Retirement Age to 65, Pension Age to 68, and Overhaul Wage Structure Simultaneously: The International Monetary Fund (IMF) has issued a rare, specific recommendation regarding South Korea's labor and pension systems ...; KO YONG-CHUL Reporter 2025.11.26

South Korea's Overseas Card Spending Soars to Record High of $5.93 Billion Amid Travel Boom: (C) Roshan Kashmir SEOUL – Overseas card spending by South Korean residents surged to an all-time high in the third quart ...; Global Economic Times Reporter 2025.11.25

India’s Economic Resilience: S&P Forecasts Robust 6.5% GDP Growth Despite Punitive US Tariffs: (C) Outlook Money NEW DELHI—Global ratings agency S&P has projected that the Indian economy will maintain a strong gr ...; Global Economic Times Reporter 2025.11.25

U.S. Treasury Secretary Scott Bessent Dismisses Recession Fears, Touts 'Blockbuster' 2026 Growth Despite Shutdown Cost: (C) Mint WASHINGTON, D.C. — U.S. Treasury Secretary Scott Bessent has struck a deeply optimistic tone regarding the Ameri ...; Eunsil Ju Reporter 2025.11.24

KOSPI Recovers 4,000 Mark on Nvidia Boost, KOSDAQ Rises Over 2%: SEOUL, November 20, 2025 – The KOSPI index soared past the 4,000-point threshold for the first time in three trading days, b ...; KIM YOUNG MIN 2025.11.20

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