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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US Layoffs Surge: Over 1.17 Million Job Cuts Announced in First 11 Months of 2025: (C) Visual Capitalist New York — US employers have announced more than 1.17 million job cuts from January through Novembe ...; Eunsil Ju Reporter 2025.12.05

LG Electronics Boosts Shareholder Value with KRW 200 Billion Return and Full Treasury Stock Cancellation: SEOUL — LG Electronics, a global leader in technology and innovation, announced a significant acceleration of its corporate ...; Global Economic Times Reporter 2025.11.28

Bitcoin Rebounds as Risk Appetite Revives, Institutional Buying Returns: Bitcoin, the flagship cryptocurrency, has staged a notable recovery, breaching the ₩136 million mark in the South Korean market an ...; Global Economic Times Reporter 2025.11.28

HP Unveils Major Restructuring: Up to 10% Workforce Cut to Fund AI Expansion: (C) Mint SEOUL - U.S. computer and printer giant HP (Hewlett-Packard) is embarking on a significant restructuring plan, prioriti ...; Desk 2025.11.26

IMF Urges Korea: Raise Retirement Age to 65, Pension Age to 68, and Overhaul Wage Structure Simultaneously: The International Monetary Fund (IMF) has issued a rare, specific recommendation regarding South Korea's labor and pension systems ...; KO YONG-CHUL Reporter 2025.11.26

South Korea's Overseas Card Spending Soars to Record High of $5.93 Billion Amid Travel Boom: (C) Roshan Kashmir SEOUL – Overseas card spending by South Korean residents surged to an all-time high in the third quart ...; Global Economic Times Reporter 2025.11.25

India’s Economic Resilience: S&P Forecasts Robust 6.5% GDP Growth Despite Punitive US Tariffs: (C) Outlook Money NEW DELHI—Global ratings agency S&P has projected that the Indian economy will maintain a strong gr ...; Global Economic Times Reporter 2025.11.25

U.S. Treasury Secretary Scott Bessent Dismisses Recession Fears, Touts 'Blockbuster' 2026 Growth Despite Shutdown Cost: (C) Mint WASHINGTON, D.C. — U.S. Treasury Secretary Scott Bessent has struck a deeply optimistic tone regarding the Ameri ...; Eunsil Ju Reporter 2025.11.24

KOSPI Recovers 4,000 Mark on Nvidia Boost, KOSDAQ Rises Over 2%: SEOUL, November 20, 2025 – The KOSPI index soared past the 4,000-point threshold for the first time in three trading days, b ...; KIM YOUNG MIN 2025.11.20

Bitcoin Price Stalls Amid Institutional Buying, Retail Selling, and Rate Uncertainty: Bitcoin continues its sideways movement, hovering around the KRW 136 million mark, as uncertainty regarding the U.S. Federal Reser ...; KO YONG-CHUL Reporter 2025.11.20

Berkshire Hathaway's $4.3 Billion Alphabet Bet Signals Shift in Investment Strategy: (C) Moneycontrol New York/Omaha - Berkshire Hathaway, led by legendary investor Warren Buffett (95), has captured Wall Street's ...; Global Economic Times Reporter 2025.11.16

Kioxia Plunges to Daily Limit on Disappointing Earnings, Rattling Global Chip Stocks: (C) KIOXIA TOKYO/SEOUL/NEW YORK – Japanese flash memory maker Kioxia Holdings saw its shares plummet to the daily lower l ...; Global Economic Times Reporter 2025.11.14

Firefly Aerospace Stock Soars on Surprise Q3 Beat and Raised Guidance: (C) Sputnik US space startup Firefly Aerospace (NASDAQ:FLY) experienced a much-needed surge in its stock price, climbing over 2 ...; Eugenio Rodolfo Sanabria Reporter 2025.11.13

Korean Margin Debt Soars to Record High Amid '5000-Point Hopes,' Sector Concentration Rings Alarm Bells: (C) Pixabay SEOUL — South Korea's "Bit-tu" (investing with borrowed money) balance has surged to an all-time high, breaki ...; Global Economic Times Reporter 2025.11.10

The Unemployment Paradox: South Korea's Falling Jobless Rate Masks Deeper Economic Woes: (C) Al Jazeera Despite a significant slowdown in economic growth, South Korea continues to report surprisingly low unemployment ...; ONLINE TEAM 2025.11.08

South Korea's Financial Markets Face Turbulence: Stocks, Won, and Bonds All Fall: (C) The Japan Times The South Korean financial market is showing clear signs of distress as the KOSPI index, the Korean Won, and ...; Hwang Sujin Reporter 2025.11.08

Bank of England Maintains Rate at 4.00% Amid Peak Inflation Signal, Hints at Future Cuts: (C) KAOHOON INTERNATIONAL LONDON—The Bank of England (BOE), through its Monetary Policy Committee (MPC), voted narrowly on ...; Pedro Espinola Special Correspondent 2025.11.07

U.S. Government Rejects AI Bailout Amidst Bubble Debate: The ongoing debate over whether the Artificial Intelligence industry is heading toward a massive financial bubble has intensified ...; Eugenio Rodolfo Sanabria Reporter 2025.11.07

Bitcoin Tumbles Below $100,000: Market Correction or Start of a Deeper Slide?: SEOUL — The cryptocurrency market is reeling after a sharp and sudden sell-off pushed the price of Bitcoin below the crucial ...; KO YONG-CHUL Reporter 2025.11.05

South Korea's Foreign Reserves Surge to $428.8 Billion, Reclaiming 9th Global Rank: SEOUL — South Korea's foreign exchange reserves have surged for the fifth consecutive month, reaching a substantial $428.82 ...; Desk 2025.11.05