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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JPMorgan Projects Bitcoin to Hit $170,000 as Institutional Adoption Accelerates: (C) Watcher Guru As the digital asset market moves toward a new era defined by regulatory clarity, institutional integration, and ...; Desk 2026.01.01

KOSPI Surges 75.62% in 2025, Marking Highest Annual Growth Since 1999: SEOUL — The South Korean stock market concluded its final trading session of 2025 on a historic high, recording its most sig ...; Hwang Sujin Reporter 2025.12.30

Korea Investment & Securities Hits 1 Trillion KRW Milestone with Nation’s First IMA Over 20,000 individual investors flock to the principal-protected account; average investment reaches 43 million KRW.: SEOUL — Korea Investment & Securities (KIS) announced on Tuesday that more than 20,000 individual investors flocked to t ...; Global Economic Times Reporter 2025.12.30

Korea to Replace Prison Terms with Hefty Fines for Corporate Misconduct; Max Penalty for Retail Giants Up Tenfold: SEOUL – The South Korean government and the ruling party announced on Tuesday a sweeping reform of economic punishment regul ...; KO YONG-CHUL Reporter 2025.12.30

China to Transition Digital Yuan into 'Deposit Currency' with Interest Payments Starting 2025: (C) CryptoDnes.bg BEIJING — In a landmark shift for the world’s most advanced major central bank digital currency (CB ...; Hwang Sujin Reporter 2025.12.30

NVIDIA Completes $5 Billion Investment in Intel, Securing 4% Stake: (C) NBC Bay Area SAN FRANCISCO – In a landmark move that signals a strategic realignment within the semiconductor industry, ...; Sharon Yoon Correspondent 2025.12.30

Silver Shatters $80 Ceiling as Copper nears $13,000 Amid Global Supply Squeeze: (C) Pixabay LONDON / NEW YORK — Industrial and precious metals are ending the year with a historic rally. International sil ...; Graciela Maria Reporter 2025.12.29

Bank Gold and Silver Sales Hit Record Highs as "Precious Metal Fever" Sweeps Korea: (C) The Times SEOUL – Domestic demand for precious metals has reached an unprecedented peak, with sales of gold and silver ...; Hwang Sujin Reporter 2025.12.29

"Cashless Society" Accelerates: Monthly Cash Spending Drops to 320,000 Won: (C) Inside Small Business SEOUL — While the transition toward a "cashless society" is picking up pace in South Korea, a par ...; KO YONG-CHUL Reporter 2025.12.29

S. Korean Insurers to Raise Auto Insurance Premiums by 1% Amid Ballooning Deficits: (C) Policy House SEOUL – South Korean non-life insurers are set to raise auto insurance premiums by an average of 1.5% next ...; Global Economic Times Reporter 2025.12.29

Mirae Asset Seeks to Acquire Korbit: A Strategic Move into the Crypto Market: (C) Medium Mirae Asset Group, South Korea’s leading financial powerhouse, is reportedly pushing for the acquisition of Korb ...; KO YONG-CHUL Reporter 2025.12.29

South Korean Gas Prices Dip for Third Straight Week; Downward Trend Expected to Continue: SEOUL — Domestic gasoline and diesel prices in South Korea have extended their decline for the third consecutive week, provi ...; KO YONG-CHUL Reporter 2025.12.27

LG Energy Solution Faces Massive Blow with 14 Trillion Won in Contract Cancellations This Month: SEOUL – LG Energy Solution (LGES), South Korea’s leading battery manufacturer, is grappling with a series of major set ...; Desk 2025.12.27

"Better Than Savings Plans" – South Korea’s New IMA Products See 1 Trillion Won "Sell-out" in Just Four Days: SEOUL – Investment Management Accounts (IMA) are taking the South Korean financial market by storm as investors flock to pro ...; KO YONG-CHUL Reporter 2025.12.27

Once Up 459%, Beauty Giant APR Stumbles: Retail Investors Panicked Amid Insider Selling: (C) Neuberger Berman The stock price of APR, a leading K-beauty tech company, has recently lost its upward momentum, leaving in ...; Global Economic Times Reporter 2025.12.27

FANUC Stock Surges 60% as World’s Top Robotics Firm Joins Forces with NVIDIA: (C) Seeking Alpha TOKYO – FANUC, the world’s leading industrial robotics and factory automation (FA) company, has eme ...; Pedro Espinola Special Correspondent 2025.12.25

Apple CEO Tim Cook Doubles Nike Stake Amid Stock Slump, Signaling Confidence in Turnaround: (C) Rolling Out New York — Shares of Nike Inc. (NKE) saw a significant rebound during Wednesday’s pre-market and hol ...; Greace Nunez Correspondent 2025.12.25

S&P 500 Hits New Intraday Record Amid Holiday-Shortened Trading; Santa Rally Expectations Mount: (C) Investopedia NEW YORK — U.S. equity markets showed resilience on Wednesday, with the S&P 500 Index touching a fresh ...; Ana Fernanda Reporter 2025.12.25

Triple Surge: Gold, Silver, and Copper Hit Record Highs Amid Geopolitical Tension and AI Boom: (C) Global Energy News The global commodities market is witnessing an unprecedented rally, with gold, silver, and copper all shat ...; Global Economic Times Reporter 2025.12.24

High Exchange Rate Shadows South Korean Food and Retail Industry: Convenience Stores Set to Raise PB Product Prices: (C) Insaide Small Businees SEOUL — The South Korean economy is facing a grim outlook for consumer prices in 2026 as the p ...; Global Economic Times Reporter 2025.12.24

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