Global Economic Times

2026.05.08 (Fri)
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South Korea’s KOSPI Surges to 7th in Global Market Cap, Overtaking Canada and UK

SEOUL — In a historic shift for global equity markets, the South Korean stock market has ascended to the rank of the world’s seventh-largest by market capitalization. This milestone comes
Gmarket’s Cinematic Ad Campaign Goes Viral, Sparking High Anticipation for ‘Big Smile Day’

SEOUL, South Korea – Gmarket, one of South Korea’s leading e-commerce platforms, is witnessing a massive pre-event surge in consumer interest. The company’s latest star-studded adver

Chinese Automakers Pivot to Global Markets as Domestic Demand Falters and Oil Prices Soar

As high international oil prices reshape global consumer behavior, Chinese automakers are aggressively accelerating their overseas expansion to offset a cooling domestic market. Major players includin

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Amazon Launches 'Amazon Grocery,' a Value-for-Money Food Brand Under $5: The world's largest e-commerce company, Amazon, has officially launched a new private-label grocery brand, 'Amazon Grocery,' targe ...; Ana Fernanda Reporter 2025.10.02

KIA EV5: The Electric Family SUV That's Worth a Look: SEOUL — Kia's latest electric offering, the EV5 C-segment SUV, is making a strong play for the family car market, promising ...; Hwang Sujin Reporter 2025.10.01

Seoul's KRW 4.76 Million Wage Towers Over Jeju's KRW 3.27 Million as Job Polarization Deepens: SEOUL—A recent government report has laid bare the widening regional wage polarization in South Korea, demonstrating a drama ...; Hwang Sujin Reporter 2025.10.01

SoftBank and ARK Invest Target $20B Stake in Tether: TOKYO/NEW YORK - Japanese investment powerhouse SoftBank, helmed by Masayoshi Son, and Cathie Wood's ARK Investment Management are ...; Graciela Maria Reporter 2025.09.30

New York Stocks Rebound on Expected Inflation Data; Tesla Jumps 4%: NEW YORK— New York’s major indices snapped a four-day losing streak, posting a significant rebound today as key inflat ...; Hannah Yeh Reporter 2025.09.29

Korean Small-Caps Suffer in Market Rally as Polarization Deepens: SEOUL—The South Korean stock market is undergoing a pronounced bifurcation, a dramatic tale of two markets. While large-cap ...; Desk 2025.09.29

KOSPI Sensitive to Global Headwinds Ahead of Holiday Break: SEOUL — South Korea's benchmark KOSPI index is expected to face a volatile week, likely remaining highly sensitive to negati ...; Desk 2025.09.28

Gold Price Jumps 40% This Year, Sending Gold Mining Stocks Soaring by Triple Digits: The price of gold has surged by more than 40% this year, and major gold mining companies have seen their stock prices rise by trip ...; Ana Fernanda Reporter 2025.09.25

Stablecoin Giant Tether Seeks $25B, Pushing Valuation to AI Titans' Level: Tether, the company behind the world’s largest stablecoin, USDT, is reportedly seeking a valuation on par with tech giants l ...; KO YONG-CHUL Reporter 2025.09.25

'7% Cut' in MOPC's 2026 Budget, a 'Red Light' for Infrastructure Investment: The Ministry of Public Works and Communications (MOPC) of Paraguay has announced its 2026 budget, and infrastructure investment is ...; Graciela Maria Reporter 2025.09.23

News of Lower Oil Prices: Paraguay's Gasoline Prices Drop in a Row: ASUNCIÓN — Fuel prices in Paraguay are falling one after another, buoyed by a recent decline in international oil pri ...; Global Economic Times Reporter 2025.09.23

Government Launches Senior Welfare Expansion... Begins Payment of 'Adult Senior Program' Pension: The government has initiated its senior welfare expansion policy, starting the payment of the 'Programa Adultos Mayores' (Adult Se ...; Hwang Sujin Reporter 2025.09.23

Uruguay's Economy Slows in Q2 2025, Falling Short of Expectations: According to the national accounts report released by the Central Bank of Uruguay (BCU) on September 16, 2025, the Uruguayan econo ...; Yim Kwangsoo Correspondent 2025.09.16

National Debt Repayment Costs Emerge as a Major Cause of Fiscal Pressure: Paraguay's national finances have been revealed to be under severe fiscal pressure. Over the past year, the cost of repaying natio ...; Graciela Maria Reporter 2025.09.15

Bitcoin Surges to ₩160M Amid Fed Rate Cut Speculation: SEOUL — Bitcoin has again breached the ₩160 million mark, a level it hadn't seen in 19 days, as growing "risk-on" sentiment ...; Global Economic Times Reporter 2025.09.13

KOSPI Soars to All-Time Highs on Semiconductor Rally, Fed Rate Cut Hopes: SEOUL — The KOSPI index has hit a new all-time high for the third consecutive day, driven by strong foreign and institutiona ...; Shin Yeju Intern Reporter 2025.09.13

KOSPI Hits Record High, Closing Near 3,400 Amid Foreign and Institutional Buying: SEOUL — The KOSPI index closed at a new all-time high on September 12, continuing its record-breaking streak for a third con ...; Hwang Sujin Reporter 2025.09.12

US Dollar Falls 8.3% Against Guarani... Rebound Expected by Year-End: The exchange rate of the Paraguayan Guarani (PYG) against the US Dollar (USD) has recently seen a sharp decline, drawing attention ...; Pedro Espinola Special Correspondent 2025.09.10

Paraguay's Economy Leaps Forward with Manufacturing Growth and Industrial Diversification: Paraguay's manufacturing sector is showing consistent growth and has become a key driver of the national economy. On the occasion ...; Graciela Maria Reporter 2025.09.10

Digital Payments Emerge as the 'New Normal' in Paraguay's Consumer Market: In 2025, Paraguay's online purchases broke a new record, reaching G. 2 trillion. This represents a fivefold increase compared to 2 ...; Yim Kwangsoo Correspondent 2025.09.08