Global Economic Times

2026.06.28 (Sun)
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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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Samsung Electronics Buys Back $7.17 Billion in Shares Amid Shareholder Pressure: Desk; 2024.11.25

A Massive Logistics Facility with a Next-Generation Drone Technology R&D Center Opens in Itabashi-ku, Tokyo: Ana Fernanda Reporter; 2024.11.25

Bolivia Opens Up Its Fuel Market to Private Competition: Ana Fernanda Reporter; 2024.11.23

South Korea's Overseas Assets Hit Record High as 'Retail Investors' Fuel Overseas Investments: Desk; 2024.11.20

AliExpress and Temu Face Backlash Over Unsafe Products: Hwang Sujin Reporter; 2024.11.20

FBM KLCI Opens Higher on Wall Street Cues, Optimism Over China's Support for Hong Kong: KO YONG-CHUL Reporter; 2024.11.20

Paraguay Government Faces Backlash Over Abandoned Administrative Building: Graciela Maria Reporter; 2024.11.19

South Korea's E-commerce Giants Engage in Fierce Speed Delivery War: ONLINE TEAM; 2024.11.17

South Korean Food Delivery Apps Reach Partial Agreement on Fee Cuts: Hwang Sujin Reporter; 2024.11.15

Samsung Electronics Plunges to New Lows Amidst Growing Concerns: KO YONG-CHUL Reporter; 2024.11.15

Coffee Prices Soar as Dongsuh Foods and Starbucks Hike Costs: KO YONG-CHUL Reporter; 2024.11.14

South Korea's Telecom Giants to Introduce Unified 5G and LTE Plans: KO YONG-CHUL Reporter; 2024.11.14

Exchange rate ‘touches’ the 1,410 won line… Import prices also rose the highest in half a year: Hwang Sujin Reporter; 2024.11.14

South Korea's Ruling and Opposition Parties Agree on Key Legislative Reforms: Hwang Sujin Reporter; 2024.11.14

South Korea's Stock Market Plunges Amidst Trump Victory and Internal Challenges: Hwang Sujin Reporter; 2024.11.14

Jeju's Economy Faces a Rough Patch Amidst Overinvestment and Climate Change: KO YONG-CHUL Reporter; 2024.11.13

South Korea to Tighten Rules on Auto Loan Credit Card Limits: Global Economic Times Reporter; 2024.11.12

South Korea Sees Surge in Subprime Lending Amid Tightening Credit: Global Economic Times Reporter; 2024.11.12

South Korea's Policy-Based Finance Hits Record High, Sparking Regulatory Concerns: Global Economic Times Reporter; 2024.11.12

South Korea Legalizes Insurance Trust, Opening New Avenues for Financial Institutions: Global Economic Times Reporter; 2024.11.12