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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South Korea's May Inflation Cools to 1.9%, But Livestock Prices Soar: Seoul, South Korea – South Korea's consumer price inflation eased to 1.9% in May, marking a return to the 1% range after fiv ...; KO YONG-CHUL Reporter 2025.06.04

India Poised to Become World's Fourth-Largest Economy This Year, Overtaking Japan: New Delhi, India – India's Gross Domestic Product (GDP) is projected to surpass that of Japan by the end of this year, posit ...; Ana Fernanda Reporter 2025.06.01

South Korean LPG Suppliers Announce Price Cuts for June Amid Favorable Market Conditions: SEOUL, South Korea – South Korea's leading liquefied petroleum gas (LPG) suppliers, SK Gas and E1, have announced a reductio ...; Hee Chan Kim Reporter 2025.05.31

South Korea's Central Government Debt Reaches KRW 1,141.2 Trillion in 2024 Amidst Improving Fiscal Transparency: South Korea's central government debt climbed to KRW 1,141.2 trillion (approximately $826 billion USD) in 2024, marking an increas ...; Hwang Sujin Reporter 2025.05.31

Bitcoin Extends Correction, Dips Below $105,000 Mark for First Time in 11 Days: Bitcoin, the world's leading cryptocurrency, is experiencing a prolonged correction after recently nearing a significant price pea ...; Graciela Maria Reporter 2025.05.31

Foreign Investors Make a Welcome Return to South Korean Equities After 10 Months: SEOUL – Foreign investors have returned to the South Korean stock market, snapping a nine-month selling streak in May with a ...; Global Economic Times Reporter 2025.05.31

Paraguay Smoothly Proceeds with May Salary Payments for Civil Servants and Healthcare Workers: ASUNCION, Paraguay – The Paraguayan Ministry of Economy and Finance (MEF) announced that May public sector salary payments a ...; Desk 2025.05.28

TCA Tanoira Cassagne Successfully Advises on Bond Issuances for Argentine Banks Comafi and Supervielle: BUENOS AIRES, Argentina – TCA Tanoira Cassagne, a leading Argentine law firm, recently provided successful legal counsel for ...; ONLINE TEAM 2025.05.28

Bitcoin Soars to New Highs, But Retail Investors Remain on the Sidelines: SEOUL, South Korea – Bitcoin has been on a tear, surging over 50% since early April to surpass the $110,000 mark and hit new ...; Desk 2025.05.27

Paraguay: Inflation Outpaces Wage Growth Over Last Decade, Eroding Purchasing Power: ASUNCIÓN, Paraguay – Over the past decade, inflation in Paraguay has surged significantly, while wage increases have ...; Global Economic Times Reporter 2025.05.27

Asia-Pacific Markets End Mixed Amid Economic Data and US-China Communication News: Singapore – Asia-Pacific stock markets closed mixed on Friday, as investors reacted differently to the release of regional e ...; Pedro Espinola Special Correspondent 2025.05.24

Singapore April Inflation Edges Up, Downward Pressure Expected to Persist: Singapore – Singapore's key consumer price gauges in April slightly exceeded forecasts but remained at low levels, with auth ...; Eugenio Rodolfo Sanabria Reporter 2025.05.24

Easing Dollar Exchange Rate Pressure, What's the Impact on Investment Markets?: Paraguay’s securities firm, Cadiem, stated in a recently released report that as the appreciation pressure on the US dollar ...; Ana Fernanda Reporter 2025.05.23

New Jersey Gas Prices Hit Mid-Atlantic Low Ahead of Memorial Day Weekend: Good news has arrived for drivers planning long-distance trips ahead of the U.S. Memorial Day holiday. Especially those passing th ...; Ana Fernanda Reporter 2025.05.23

Argentina's Economic Activity Grows 5.6% in March; Falls Short of Expectations, Economic Recovery 'Struggles': Buenos Aires, Argentina – In March 2024, Argentina's economic activity grew by 5.6% compared to the same period last year. T ...; Ana Fernanda Reporter 2025.05.22

Trump Tariff Impact Takes Hold: South Korean Auto Exports to the US Plummet by 20%: The impact of the "Trump tariffs" has begun to significantly affect South Korean automotive exports to the United States, with fig ...; ONLINE TEAM 2025.05.20

Singapore's Economic Growth Outlook Clouded by US Tariffs Amidst US-China Tensions: Singapore – Singapore's economic growth prospects are facing increased uncertainty following the unexpected imposition of ta ...; Eugenio Rodolfo Sanabria Reporter 2025.05.19

Singapore REITs Poised for Brighter Outlook Amid Easing Inflation and Rate Stability: Dividend Growth Potential in Focus: Singapore – Singapore’s Real Estate Investment Trust (REIT) investors have navigated a challenging period over the pas ...; Desk 2025.05.19

Former Finance Minister Borda Criticizes Delay in Paraguay's Pension Fund Reform as a 'Mistake': Asunción, Paraguay – Former Finance Minister Dionisio Borda has sharply criticized the current Paraguayan government' ...; Global Economic Times Reporter 2025.05.19

Paraguay's Fiscal Deficit Reaches $248.8 Million by April 2025 Despite Monthly Surplus: Asunción, Paraguay – Paraguay's central government accumulated a fiscal deficit equivalent to 2.7% of its Gross Domes ...; Desk 2025.05.19