Global Economic Times

2026.09.26 (Sat)
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Soraepogu Support Center Opens Wide… Park Chan-dae: “Expectations for Fish Market Revitalization”

Ahead of the Chuseok holiday, citizens continued to visit to purchase seafood. Merchants were busy explaining seafood prices and conditions to customers. On this day, the opening ceremony of the &lsq
OECD Raises Korea's Growth Outlook to 3.7%

The Organisation for Economic Co-operation and Development's (OECD) outlook on the South Korean economy has changed significantly in just three months. The OECD projected South Korea's economi

"U.S. Pushes for Institutionalizing Virtual Assets, While South Korea Treats Them Like Entertainment and Casinos"

It has been found that the South Korean government still classifies "blockchain-based virtual asset trading and brokerage" as an industry excluded from being recognized as a corporate-affi

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Korean Crypto Industry Urges Delay Ahead of 2027 Tax Implementation, Citing Infrastructure Gaps: With South Korea's long-delayed taxation on virtual asset transfers and loans scheduled to take effect on January 1 next year, the ...; Hwang Sujin Reporter 2026.09.11

Won-Dollar Exchange Rate Rises to 1,345.9 Won Amid Oil Price Surge and US Rate Hike Concerns: The South Korean won weakened against the U.S. dollar, driven by a combination of surging international oil prices and growing con ...; Kim Young Min Reporter 2026.09.11

Semiconductor-Driven Income Spills Over into Consumption and Housing Prices: The Bank of Korea Weighs Additional Rate Hikes: The unprecedented semiconductor boom is acting as a double-edged sword for the South Korean economy. According to the Bank of Kore ...; Desk 2026.09.11

Hillstate Geoje Signature Leads Win-Win Coexistence with Local Community through Continuous Support: The role of residential complexes is expanding beyond simple housing supply to growing alongside local communities. Corporate soci ...; Hee Chan Kim Reporter 2026.09.11

Gangnam 3 Districts See Apartment Prices Fall Across the Board Amid Ongoing Tax Reform Uncertainties, While Outlying Areas Maintain Strong Momentum: Uncertainties surrounding the government's recent tax reform proposals—centered on strengthening the tax burden for high-pri ...; Hwang Sujin Reporter 2026.09.11

ECB Raises Interest Rates to 2.50% Amid Inflation Pressures Driven by Iran War, Putting Focus on Upcoming Fed Meeting: The European Central Bank (ECB) has decided to raise its three key policy rates by 0.25 percentage points each, responding to pers ...; Greace Nunez Correspondent 2026.09.11

South Korea’s 3-Year Treasury Yield Surges Above 4% Amid Global Oil Price Surge and Spiking US Yields: South Korea’s 3-year treasury bond yield broke through the 4% threshold during intra-day trading, hitting its highest level ...; Desk 2026.09.11

Wall Street Economists Split as 70% Expect Fed Rate Freeze in September Amid Diverging Market Signals: As the Federal Reserve approaches its upcoming Federal Open Market Committee (FOMC) meeting scheduled for September 15–16, f ...; Graciela Maria Reporter 2026.09.11

Seltos and Sorento Buck Used Car Market Downtrend as Polarization Deepens: While the overall used car market experiences a general decline in prices, high-demand, near-new models like the Kia Seltos and So ...; Hwang Sujin Reporter 2026.09.11

South Korea’s Path to $40,000 Per Capita GNI Brightens Amid Robust Economic Recovery: SEOUL — South Korea’s economic recovery is gaining remarkable momentum, with the possibility of achieving a $40,000 pe ...; Kim Sungmoon Reporter 2026.09.10

Oil Nears $100: How Long Can South Korea’s Fuel Price Ceiling Withstand Middle East Strains?: As geopolitical instability in the Middle East deepens and tensions escalate around the vital Strait of Hormuz, international crud ...; Ana Fernanda Reporter 2026.09.10

National Pension Retroactive Contributions Surge in South Korea Amid Exploitation Concerns: SEOUL — South Korea is witnessing a sharp resurgence in applications for retroactive national pension contributions, a syste ...; Hwang Sujin Reporter 2026.09.10

Rise of the Semiconductor Rich: How Tech Salaried Workers Are Redefining Wealth and Challenging Traditional Elites: The traditional social ladder in South Korea is undergoing a structural shift. For decades, the path to elite social status and ge ...; Desk 2026.09.09

Vanishing ATMs: South Korea's Cash Accessibility Under Threat as Convenience Stores and Banks Scale Back Machines: The physical cash infrastructure in South Korea is shrinking at an unprecedented pace. As mobile banking adoption accelerates and ...; Global Economic Times Reporter 2026.09.09

National Pension Service’s Dementia-Safe Property Management Service Sees Surge in Applications: The National Pension Service (NPS) of South Korea announced that applications for its "Dementia-Safe Property Management Support S ...; Yim Kwangsoo Correspondent 2026.09.08

Won Falls into the 1,330-Won Range Amid Strong Exporter Selling, Rebounds Slightly Following National Pension's FX Hedging Halt: On September 7, the South Korean won-to-US dollar exchange rate plummeted to the 1,330-won range for the first time in approximate ...; Kim Young Min Reporter 2026.09.08

Nike Faces Ouster from S&P 100 as Stock Plunges 78% from Peak: Once reigning supreme as an unrivaled titan in the global sportswear industry, Nike is now facing a historic downturn. The company ...; Graciela Maria Reporter 2026.09.08

U.S. 10-Year Treasury Yield Nears 5% Threshold: Bond Market on Edge Amid Heavy Issuance and Inflation Data: The global financial market is gripped by growing tension as the yield on the 10-year U.S. Treasury note approaches the critical 5 ...; Global Economic Times Reporter 2026.09.08

NAND Market Surges 70%... 'Samsung and Hynix' Sweep Global 1st and 2nd Places: The global NAND flash market showed a steep growth trend, surging 70% compared to the previous quarter, with Samsung Electronics a ...; Global Economic Times Reporter 2026.09.05

Youth Employment Subsidies Up to 18M KRW… Self-Employed to Receive 1.5M KRW Childcare Allowances: Starting next year, eligibility for the Youth Job Leap Incentive will expand to include young job seekers in the capital region, w ...; Hwang Sujin Reporter 2026.09.02

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