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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South Korean Won Slides to 15-Year Low as Political Uncertainty Deepens: Hwang Sujin Reporter; 2024.12.30

Soaring Fuel Prices in South Korea Despite Stable International Oil Prices: Global Economic Times Reporter; 2024.12.29

Jeju Economic Awards Honors Top Businesses: Desk; 2024.12.28

Philippine Inflation Expected to Remain Low in December: Graciela Maria Reporter; 2024.12.26

Soaring Dollar and Natural Gas Prices Fuel Inflation Fears in South Korea: Hwang Sujin Reporter; 2024.12.26

Egg Prices Soar in South Korea, Government Prepares Subsidies: Hwang Sujin Reporter; 2024.12.26

Bank of Korea Signals Further Interest Rate Cuts Amid Economic Uncertainty: Global Economic Times Reporter; 2024.12.26

Peruvian Economy Minister Hints at Minimum Wage Hike Before New Year: Graciela Maria Reporter; 2024.12.24

South Korea's Wealth Gap Widens as Ultra-High-Net-Worth Individuals Surge: Desk; 2024.12.22

Peru's Central Bank Raises 2024 Growth Forecast: Desk; 2024.12.22

Bank of Korea Vows to Stabilize Markets Amidst Rising Volatility: KO YONG-CHUL Reporter; 2024.12.19

Foreign Investors Dump Korean Stocks Amidst Political Uncertainty: KO YONG-CHUL Reporter; 2024.12.18

Early Withdrawals from Retirement Funds Soar Amid Housing Market Crunch: ONLINE TEAM; 2024.12.17

Soaring Food Prices Hit Koreans Hard: Hwang Sujin Reporter; 2024.12.16

TSMC's Dominance to Continue: 25% Revenue Growth Forecast for 2024: Graciela Maria Reporter; 2024.12.15

Hungary's Tax Reforms Drive Economic Growth and Digital Innovation: KO YONG-CHUL Reporter; 2024.12.14

Kendari Tourism Office Hopes Photo Exhibition Sparks Creative Economy: Desk; 2024.12.13

Egypt Embraces Digital Future: Apple Pay and Tokenization Revolutionize Payments: Global Economic Times Reporter; 2024.12.13

South Korea's Import Prices Rise Despite Falling Oil Prices: Hwang Sujin Reporter; 2024.12.13

Non-Banking Lenders See Surge in Household Loans Amid Overall Slowdown: KO YONG-CHUL Reporter; 2024.12.12