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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South Korea's Housing Market Faces Steep Decline Amidst Economic Uncertainty: Seoul, South Korea – South Korea's housing market is experiencing a significant downturn, according to a recent survey by th ...; Global Economic Times Reporter 2025.01.16

KOSDAQ Firms Face Scrutiny Amid Disclosure Lapses: Seoul, South Korea – The Korea Exchange (KRX) has reported a sharp increase in non-compliant disclosures by companies listed ...; Global Economic Times Reporter 2025.01.14

Daejeon City Launches Initiative to Revitalize Local Businesses: Daejeon, South Korea – In a bid to alleviate the severe challenges faced by local businesses, Daejeon city has announced a c ...; HONG MOON HWA Senior Reporter 2025.01.14

Dried Laver Prices Soar Amidst Global Demand: Seoul, South Korea – The price of dried laver, a staple in Korean cuisine, has surged dramatically in the past year, putting ...; Global Economic Times Reporter 2025.01.13

Culture Fit and Employer Branding Top HR Concerns in 2025: In a survey of 707 HR professionals conducted by Incruit, "culture fit" emerged as the top HR concern for 2025. This trend, which ...; Global Economic Times Reporter 2025.01.12

South Korea's Corporate Giants Face Market Downturn: Seoul, South Korea – South Korea's largest conglomerates experienced a significant decline in their market capitalization la ...; Global Economic Times Reporter 2025.01.12

South Korea Achieves $1 Trillion Milestone in Overseas Construction Orders: Seoul, South Korea – South Korea's Ministry of Land, Infrastructure and Transport announced on 9th that the country’s ...; Global Economic Times Reporter 2025.01.12

Nepal's Inflation Rises, but Economic Indicators Remain Positive: Kathmandu, Nepal - Consumer price inflation in Nepal has risen to 6.05 percent in mid-December 2024, up from 4.95 percent a year a ...; Eugenio Rodolfo Sanabria Reporter 2025.01.11

Gimhae’s Mega-Events Generate Over 1 Trillion Won in Economic Impact: Gimhae, South Korea – A recent study conducted by the Gimhae Research Institute has revealed that three major events held in ...; Global Economic Times Reporter 2025.01.11

Winter Vegetable Shortages Hit Jeju Island: Jeju, South Korea – A severe shortage of winter vegetables is plaguing Jeju Island, largely due to last year’s extreme ...; Global Economic Times Reporter 2025.01.10

Anyang City to Boost Local Economy with Additional Regional Currency: Anyang, South Korea – Anyang City has announced a plan to inject 500 billion won (approximately US$375 million) into its loc ...; KO YONG-CHUL Reporter 2025.01.10

Government and Ruling Party Collaborate to Stabilize Prices and Boost Consumption for Lunar New Year: Seoul, South Korea – In preparation for the upcoming Lunar New Year holiday, the South Korean government and the ruling part ...; Hwang Sujin Reporter 2025.01.09

Banks Ease Mortgage Restrictions, But Borrowers Face Limitations: Seoul, Korea – Despite recent moves by major banks to loosen mortgage lending restrictions, the actual impact on borrowers r ...; Global Economic Times Reporter 2025.01.08

Savings Banks and Capital Companies Face Tough Year Amidst PF Defaults: Seoul, South Korea – South Korean savings banks and capital companies are expected to face another challenging year in 2025, ...; Desk 2025.01.08

Small Businesses in South Korea Face Growing Challenges Amid Economic Uncertainty: Seoul, South Korea – A recent survey conducted by the Federation of SMEs (Federation of Small and Medium Enterprises) has re ...; ONLINE TEAM 2025.01.08

Busan Launches 'Good Payment' Campaign to Revitalize Local Economy: Busan, South Korea – In a bid to stimulate its struggling local economy, Busan Metropolitan City has initiated a relay pre-p ...; Hwang Sujin Reporter 2025.01.07

Soaring Vegetable Prices Ahead of Lunar New Year in South Korea: Seoul, South Korea – As South Korea prepares for the Lunar New Year, a traditional holiday marked by family gatherings and f ...; Hwang Sujin Reporter 2025.01.05

South Korea’s National Pension Service Faces Backlash Over Foreign Exchange Hedging: Seoul, South Korea - Amid growing concerns over a continued surge in the won-dollar exchange rate, the National Pension Service (N ...; HONG MOON HWA Senior Reporter 2025.01.05

South Korea Faces Economic Storm, Government Warns: Seoul, South Korea – South Korea is bracing for a significant economic slowdown this year, with the government forecasting a ...; Global Economic Times Reporter 2025.01.03

South Koreans Face Growing Anxiety Over Retirement Security: Seoul, South Korea – A recent survey conducted by Money Today and Gallup Korea has revealed deep-seated concerns among South ...; Global Economic Times Reporter 2025.01.02