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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South Korea Unveils Record 821 Trillion Won Budget for 2027: The South Korean government has finalized its draft budget for 2027, setting a record-high total expenditure of 820.9 trillion won ...; KO YONG-CHUL Reporter 2026.09.02

'Nuclear Submarine' Receives 100B Won as Defense Budget Surpasses 70 Trillion Won for the First Time: The government’s proposed defense budget for next year has surpassed 70 trillion won for the first time in history. The defe ...; Hwang Sujin Reporter 2026.09.02

Concerns Over Earnings Illusion: "AI Big Tech Sees $220 Trillion in Equity Valuation Gains from Stakes in Other Companies": Amid persistent criticism that US Big Tech's investments in artificial intelligence (AI) are excessive relative to their profitabi ...; Graciela Maria Reporter 2026.09.01

Seoul's Average Apartment Prices Surpass 1.6 Billion Won as Real Estate Surge Spreads from Gangnam to Outlying Districts: SEOUL — The upward momentum of Seoul's housing market is shifting its axis. While high-end apartment prices in core Gangnam ...; Desk 2026.08.28

Beyond China’s Ambition: Will YMTC’s Push to Overtake Samsung and SK Hynix Become Reality?: China’s largest NAND flash memory manufacturer, Yangtze Memory Technologies Corp (YMTC), has recently sparked intense global ...; Hee Chan Kim Reporter 2026.08.28

Global Financial Markets Tremble Under U.S. Treasury Yield Shock: A Debt Repayment Bill Delivered to Major Economies: As reported by the American political media outlet Axios, this sobering reality lies behind the recent weeks-long surge in long-te ...; Yongwon Ko Senior Reporter 2026.08.28

BOK Governor Shin Shin-song Emphasizes Stronger Won as Exchange Rate Dips into the 1,370-Won Range Following Back-to-Back Rate Hikes: The South Korean financial markets have entered a new phase of monetary tightening as the Bank of Korea (BOK) extended its hawkish ...; Yim Kwangsoo Correspondent 2026.08.28

Nvidia’s Stellar Earnings Spark KOSPI Rally, Nearing the Milestone 7,000 Mark: Seoul, August 27, 2026 — Buoyed by robust earnings from global artificial intelligence powerhouse Nvidia, South Korea's benc ...; Global Economic Times Reporter 2026.08.28

South Korea’s Net External Assets Hit 12-Year Low Amid Historic KOSPI Rally: South Korea's net international investment position (NIIP)—often referred to as the country’s "second foreign exchange ...; Desk 2026.08.20

Won-Dollar Exchange Rate Falls Below 1,400 Won, Returning to 1,300 Range After 11 Months: The South Korean won has strengthened significantly against the US dollar, breaking below the psychological threshold of 1,400 won ...; Hwang Sujin Reporter 2026.08.19

SK Hynix Announces Record-Breaking 40 Trillion Won Share Buyback and Cancellation to Maximize Shareholder Value: SEOUL — SK Hynix has unveiled an unprecedented shareholder return policy, announcing plans to acquire and cancel 40 trillion ...; KO YONG-CHUL Reporter 2026.08.19

Moody's Upgrades South Korea's 2026 Growth Forecast to 3.5% on Semiconductor Boom: Global credit rating agency Moody’s has substantially raised South Korea’s economic growth forecast for the year to 3. ...; Global Economic Times Reporter 2026.08.18

KOSPI Nears 7,000 Milestone with a 2.4% Surge, Riding a Five-Day Winning Streak Market Overview: A Powerful Weekly Rally: South Korean stock markets closed the week on a high note, extending a robust five-day winning streak driven by cooling U.S. infla ...; Global Economic Times Reporter 2026.08.15

"No to Tech Duopoly, No to Leverage": Foreign Investors Ditch $6.2 Billion in South Korea for Taiwan's Stability: Following a severe global equity market correction last month centered on artificial intelligence (AI) technology heavyweights, in ...; Kim Sungmoon Reporter 2026.08.13

'Delisting Countdown' Becomes Reality as Mass Administrative Stock Designations Hit Listed Companies: Exit warning lights have simultaneously flashed across South Korea’s stock markets as financial regulators enforce stricter ...; Global Economic Times Reporter 2026.08.13

U.S. July Payrolls Unexpectedly Drop, Reigniting Concerns Over Labor Market Cooling: WASHINGTON — U.S. nonfarm payrolls unexpectedly contracted in July, breaking expectations of modest growth and stirring fres ...; Global Economic Times Reporter 2026.08.09

SK Hynix Declares Q2 Dividend of 375 Won Per Share, Signals Enhanced Shareholder Returns in Q3: SEOUL — SK Hynix Inc., the world’s second-largest memory chipmaker, announced on Friday that its board of directors ha ...; Kim Young Min Reporter 2026.08.08

South Korean Retail Investors Pivot Back to Tech Giants: Amazon and Micron Lead Massive Buying Spree: SEOUL — South Korean retail investors—affectionately referred to in financial markets as "Seohak Ants" for their dilig ...; Global Economic Times Reporter 2026.08.08

Global Investment Banks Raise South Korea's 2026 Growth Outlook to Average 3.2%: SEOUL, August 6, 2026 — Major global investment banks (IBs) have upgraded their 2026 real gross domestic product (GDP) growt ...; KO YONG-CHUL Reporter 2026.08.07

Goldman Sachs Maintains KOSPI Target at 12,000, Citing "Excessive Market Fear": SEOUL — Global investment bank Goldman Sachs has reaffirmed its "Overweight" rating on the South Korean stock market and mai ...; Hwang Sujin Reporter 2026.08.07

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