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2026.11.11 (Wed)
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US "Blue Wave" Fades as KOSPI Recovers Past 5,200: Inflation Remains the Key Variable for Future Rallies

Following a volatile period triggered by the U.S. midterm elections, South Korea's benchmark KOSPI has staged a dramatic rebound, soaring past the 5,200 threshold fueled by a powerful rally among
South Korean Doctors' Average Annual Business Income Tops 400 Million Won in Latest Tax Data

SEOUL — South Korea’s medical professionals, particularly physicians, have seen their average business earnings climb significantly, though the data also points to a widening gap between h

The Generational Wealth Divide: Why Young South Koreans Are Resentful Over the Basic Pension System

SEOUL — In an era defined by economic uncertainty and mounting living costs, a growing policy debate is intensifying across South Korea. At the heart of the friction is a stark contrast: young p

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South Korea Boosts Support for Low-Income Households to Purchase Energy-Efficient Appliances: Seoul – The Ministry of Trade, Industry and Energy announced on February 2nd that it will invest 12.5 billion won (approxima ...; Global Economic Times Reporter 2025.02.02

Panama Weighs Post-Dollarization Future Amidst US Tensions: Panama's long-standing economic cornerstone, its dollarized monetary system, is facing renewed scrutiny amidst rising global econo ...; Graciela Maria Reporter 2025.02.02

Wage Growth Lags Behind Soaring Inflation, Widening Income Disparity in South Korea: SEOUL – South Korea's workers are facing a growing income squeeze as wage growth has slowed for the second consecutive year ...; Hwang Sujin Reporter 2025.01.31

Soaring Food Prices Drive Inflation in South Korea: Seoul – A recent report by Statistics Korea has revealed that a staggering nine out of the top ten items that experienced th ...; Global Economic Times Reporter 2025.01.31

Surge in One-Person Media Creators, Top Earners Rake in Billions: The number of one-person media creators, such as YouTubers, has surged nearly 20-fold in the past five years, raising concerns abo ...; Hwang Sujin Reporter 2025.01.31

Financial Instability Index Soars Amid Political Uncertainty: The Financial Instability Index (FSI) in South Korea surged to its highest point in a year last December, approaching levels seen ...; Desk 2025.01.31

S. Korean Government Rethinking Levy Abolition Spree Amidst Revenue Shortfalls: SEOUL – The Yoon Suk-yeol government's push to eliminate various levies, including those on movie tickets and development pr ...; ONLINE TEAM 2025.01.31

Argentina and IMF Nearing Deal, Wall Street Optimistic: Buenos Aires, Argentina – Wall Street is growing increasingly optimistic about a potential deal between Argentina and the In ...; Eugenio Rodolfo Sanabria Reporter 2025.01.30

Seoul Subway Fares to Increase by 150 Won in March: Seoul, South Korea – Seoul’s subway fares are set to increase by 150 won in March, as the city grapples with the growi ...; KO YONG-CHUL Reporter 2025.01.30

South Korean Food and Franchise Industry Revamps to Stimulate Stagnant Domestic Market: Seoul, South Korea – As South Korea's domestic market continues to face challenges, the food and franchise industry is takin ...; ONLINE TEAM 2025.01.30

South Korea's Economy Stumbles Amid Political Turmoil and High Interest Rates: Seoul, South Korea – South Korea's economy has faced a significant setback, with growth falling short of expectations due to ...; KO YONG-CHUL Reporter 2025.01.29

Japan's Consumer Sentiment Sours Amid Rising Prices: Tokyo, Japan – Japanese consumer sentiment took a hit in January, according to a government survey released on [date]. The C ...; Global Economic Times Reporter 2025.01.29

Daejeon City Takes Action to Stabilize Prices and Boost Traditional Markets: Daejeon, South Korea – In a proactive move to stabilize prices and revitalize traditional markets ahead of the Lunar New Yea ...; HONG MOON HWA Senior Reporter 2025.01.27

South Korean Companies Offer Mixed Performance Bonuses Amidst Industry Fluctuations: Seoul, South Korea – As the highly anticipated annual performance bonus season arrives in South Korea, employees of various ...; Global Economic Times Reporter 2025.01.26

South Korea's National Pension System Faces Sustainability Concerns as Younger Generations Face Lower Retirement Benefits: Seoul, South Korea – A recent government projection reveals a bleak outlook for South Koreans born in the mid-1990s, who are ...; ONLINE TEAM 2025.01.26

South Korea Unveils Measures to Revitalize Stagnant Construction Industry: Seoul, South Korea – The South Korean Ministry of Land, Infrastructure and Transport (MOLIT) announced a comprehensive plan ...; Global Economic Times Reporter 2025.01.26

IMF Chief Warns of Lingering Inflation Despite Economic Growth: Davos, Switzerland – Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has cautioned tha ...; Yim Kwangsoo Correspondent 2025.01.25

Peruvians with Higher Incomes Can Now Deduct More from Taxes: Lima, Peru – In a move to stimulate the economy and provide tax relief for individuals, the Peruvian tax authority, SUNAT, h ...; Pedro Espinola Special Correspondent 2025.01.22

LH to Fast-Track Public Housing Projects Amidst Economic Downturn: Seoul, South Korea – Despite facing a turbulent political climate and a deepening economic recession, Korea Land and Housing ...; Desk 2025.01.20

Jeonju International Film Festival to Boost Local Economy and Small Businesses: Jeonju, South Korea – The Jeonju International Film Festival is set to play a more active role in revitalizing the local eco ...; Hwang Sujin Reporter 2025.01.16