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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Orion Confronts Backlash Over Selective Price Hikes: Global Economic Times Reporter; 2024.12.02

South Korean Firms Brace for Tough Times, Half to Cut Costs in 2025: Hwang Sujin Reporter; 2024.12.02

Singapore Government to Provide Cash Assistance and Medisave Bonuses: Ana Fernanda Reporter; 2024.12.01

Foreigners Own Nearly 100,000 Homes in South Korea: ONLINE TEAM; 2024.11.30

South Korea Sees Rise in Household Income and Savings in Q3: ONLINE TEAM; 2024.11.29

Kbank to Temporarily Suspend Services for System Upgrade: Hwang Sujin Reporter; 2024.11.29

EDB Advances Key Projects in Central Asia: Investments, Water Management, and Energy Transition: Ana Fernanda Reporter; 2024.11.29

Yomiuri Shinbun to Launch New Stock Index, Yomiuri 333: ONLINE TEAM; 2024.11.28

Taiwan's Economy Shows Signs of Slowdown Despite AI Boom: Hwang Sujin Reporter; 2024.11.28

Ringgit Strengthens Against US Dollar Amidst Fed Rate Hike Uncertainty: Global Economic Times Reporter; 2024.11.28

Philippines Records Budget Surplus in October, Cuts Annual Deficit: Global Economic Times Reporter; 2024.11.28

Euro Nears Parity with Dollar as US Economy Outperforms: Global Economic Times Reporter; 2024.11.27

South Korea's Rising Delinquency Rates Signal Economic Strain: KO YONG-CHUL Reporter; 2024.11.27

South Korea's Cryptocurrency Tax Debate Heats Up: Hwang Sujin Reporter; 2024.11.27

Dollar Deposits Fluctuate as South Korean Won Weakens: Desk; 2024.11.27

Lotte Chemical Struggles Amidst Falling Share Prices and Mounting Financial Concerns: KO YONG-CHUL Reporter; 2024.11.27

Financial Supervisory Service Upholds Auto Lease Companies' Right to Charge Depreciation Fees: Hwang Sujin Reporter; 2024.11.27

Paraguay's Economic Growth Masks Deep-Rooted Poverty: KO YONG-CHUL Reporter; 2024.11.26

South Korea's Credit Card and Savings Bank Delinquency Rates Rise Amid Economic Strains: Desk; 2024.11.25

Euro Plunges Amidst Strong Dollar and Economic Uncertainties: Graciela Maria Reporter; 2024.11.25