Global Economic Times

2025.12.15 (Mon)
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KRX Temporarily Slashes Stock Trading Fees by 20-40% to Counter ATS Rival

(C) Deco Journal SEOUL – The Korea Exchange (KRX), South Korea’s sole stock market operator, announced a temporary reduction in its stock trading commission fees by 20% to 40%, effectiv
South Korea’s National Assembly Passes Banking Act Amendment Regulating Loan Interest Rates

(C) KED Global SEOUL – The South Korean National Assembly passed a controversial amendment to the Banking Act today, designed to regulate the calculation of loan interest rates by commercial ba

Won-Dollar Exchange Rate Rises to 7-Month High: South Korean Authorities Scramble to Stabilize Currency as Overseas Investment Surges

(C) TradingPedia SEOUL, South Korea — The South Korean won (KRW) has been under severe pressure, with the won-dollar exchange rate soaring to levels not seen in seven months. Last week, the cur

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South Korea's Ruling and Opposition Parties Agree on Key Legislative Reforms: Seoul, South Korea – South Korea's ruling and opposition parties have reached a consensus on a number of key legislative ref ...; Hwang Sujin Reporter 2024.11.14

South Korea's Stock Market Plunges Amidst Trump Victory and Internal Challenges: Seoul, South Korea – South Korea’s stock market has suffered a significant decline in recent weeks, with both the KOSP ...; Hwang Sujin Reporter 2024.11.14

Jeju's Economy Faces a Rough Patch Amidst Overinvestment and Climate Change: Jeju Island, South Korea - Jeju Island, once a popular tourist destination and real estate hot spot, is now grappling with a serie ...; KO YONG-CHUL Reporter 2024.11.13

South Korea to Tighten Rules on Auto Loan Credit Card Limits: Seoul, South Korea - South Korea's financial authorities are set to tighten regulations on special credit limits for automobile pu ...; Global Economic Times Reporter 2024.11.12

South Korea Sees Surge in Subprime Lending Amid Tightening Credit: Seoul, South Korea – South Korea is experiencing a surge in subprime lending as households turn to non-bank financial instit ...; Global Economic Times Reporter 2024.11.12

South Korea's Policy-Based Finance Hits Record High, Sparking Regulatory Concerns: Seoul, South Korea – The outstanding balance of policy-based finance provided by South Korea's public financial institutions ...; Global Economic Times Reporter 2024.11.12

South Korea Legalizes Insurance Trust, Opening New Avenues for Financial Institutions: Seoul, South Korea – The Financial Services Commission (FSC) has announced that the revised Enforcement Decree of the Capita ...; Global Economic Times Reporter 2024.11.12

Shanghai Approves Merger of GuoTai Junan Securities and Haitong Securities: Shanghai, China – The Shanghai municipal government has given its approval for the merger of GuoTai Junan Securities and Hai ...; ONLINE TEAM 2024.11.11

LG Display's OLED Panels Recognized for Superior Eye Health and Sustainability: Seoul, South Korea - LG Display continues to solidify its position as a leader in the premium display market with its OLED panels, ...; Global Economic Times Reporter 2024.11.11

Samsung Electronics Hits New 52-Week Low Amidst Foreign Selling: Seoul, South Korea - Samsung Electronics, the South Korean tech giant, continued its downward trend, hitting a new 52-week low of ...; Global Economic Times Reporter 2024.11.11

South Korea's 2nd-Tier Lenders See Surge in Loans Amidst Tightening Credit: Seoul, South Korea - South Korea's second-tier lenders, including credit card companies, savings banks, and insurance companies, h ...; ONLINE TEAM 2024.11.11

Bitcoin Surpasses $80,000 for the First Time, Fueled by Trump's Pro-Crypto Stance: Bitcoin has reached a new all-time high, surpassing the $80,000 mark for the first time. This significant milestone is attributed ...; Global Economic Times Reporter 2024.11.11

Gasoline and Diesel Prices in South Korea Hit 4-Week High: The prices of gasoline and diesel in South Korea have continued to climb for the fourth consecutive week, according to data releas ...; Global Economic Times Reporter 2024.11.10

Investors' reaction to Budget 'very different' to Truss: Rachel Reeves' Budget is "very, very different" to the Liz Truss mini-Budget of two years ago, according to a senior government mi ...; Global Economic Times Reporter 2024.11.09

Interest rates cut but Bank hints fewer falls to come: UK interest rates could take longer to fall further after the Bank of England forecast that inflation will creep higher after last ...; Global Economic Times Reporter 2024.11.09

Junior doctors are striking. Should we increase their wages by a third?: Their union says that demands on doctors keep rising while their pay keeps shrinking. 2024 started off on a rather dour note, wit ...; Global Economic Times Reporter 2024.11.09

US Jobs Report Shows Unemployment Claims at Lowest Levels in 50 Years: The U.S. economy had another month of strong employment gains between mid-February and mid-March, adding 431,000 new jobs. Althoug ...; Global Economic Times Reporter 2024.11.09

“Again Trump”… Korean economic uncertainty tsunami: As the 'second term of Trump's administration' is expected to take place, attention is being paid to the impact it will have on ou ...; Global Economic Times Reporter 2024.11.07

South Korean PE Firms Face Scrutiny Over Value Creation: A recent study has revealed that South Korea's top five private equity firms have struggled to significantly boost the return on e ...; Global Economic Times Reporter 2024.11.06

US Job Market Shows Mixed Signals in October: The US labor market painted a complex picture in October, with significant job growth in certain sectors offset by substantial los ...; Global Economic Times Reporter 2024.11.06