Global Economic Times

2026.03.22 (Sun)
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Saudi Arabia Warns of $180 Oil as Iran Conflict Threatens Global Energy Security

RIYADH — Saudi energy officials have issued a stark warning that international crude prices could surge past $180 per barrel if the ongoing conflict in Iran and subsequent supply disruptions ext
South Korea Unveils $47 Million "AX One-Stop" Initiative to Accelerate Industrial AI Transformation

SEOUL — In a bold move to cement its position as a global AI powerhouse, the South Korean Ministry of Science and ICT (MSIT) announced today a massive investment of 625.46 billion KRW (approxima

Finance Chief Koo Vows All-Out Measures to Stabilize Markets Amid Rising Global Volatility

SEOUL — South Korea’s top economic policymaker declared on Thursday that the government is prepared to mobilize all available policy tools, including a supplementary budget and massive mar

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Global Central Bankers Issue "Joint Statement of Solidarity" with Fed Chair Jerome Powell Amid Legal Threats: (C) KUTV SEOUL / FRANKFURT – In an unprecedented show of international unity, central bank governors from the world&rsqu ...; KO YONG-CHUL Reporter 2026.01.13

Gas Prices in South Korea Fall for Fifth Consecutive Week: (C) Autodeal Domestic fuel prices in South Korea continued their downward trend this week, marking the fifth consecutive week o ...; Hwang Sujin Reporter 2026.01.11

Major Four Korean Banking Groups Hit Record 18 Trillion Won Net Profit Amid Shifting Market: South Korea’s top four financial groups—KB, Shinhan, Hana, and Woori—are projected to have achieved a combined a ...; Global Economic Times Reporter 2026.01.11

LG Electronics Posts Record Annual Revenue Amid First Quarterly Loss in 9 Years: SEOUL – LG Electronics Inc. reported its first quarterly operating loss in nine years for the final three months of 2025, de ...; Desk 2026.01.10

Hanwha Aerospace Hits All-Time High as Trump’s $1.5T Defense Vow Ignites K-Defense Rally: (C) Defence 24 SEOUL – Shares of Hanwha Aerospace Co. surged to a record high on Friday, as U.S. President Donald Trump& ...; Hwang Sujin Reporter 2026.01.10

SpaceX IPO Looms: Strategies and Cautionary Tales for Retail Investors: (C) The Daily Upside SEOUL – As the aerospace industry braces for the potential historic Initial Public Offering (IPO) of ...; KO YONG-CHUL Reporter 2026.01.08

U.S. To Open Floodgates for Venezuelan Crude; Commodity Markets Braced for "Rebalancing Shock": (C) News Ghana [Washington D.C. / New York] The global energy and financial landscape underwent a seismic shift today as the Trum ...; Eugenio Rodolfo Sanabria Reporter 2026.01.08

Double Whammy for Coffee Industry: Surging Bean Prices and New ‘Cup Pricing Label’ Burden: (C) Maaal.com SEOUL - South Korea’s coffee industry is facing a perfect storm as skyrocketing international coffee bean p ...; Desk 2026.01.07

Silver Rush in Jongno: Showcases and Waiting Lists for Silver Bars as Prices Soar: (C) Investing News Network JONGNO, SEOUL – The historic jewelry district of Jongno 3-ga is currently swept up in a "Silver ...; Hwang Sujin Reporter 2026.01.07

Conflict Brews Over Ilsan Bridge Toll-Free Initiative: Gyeonggi Pushes Forward While Incheon Hesitates: (C) Gyeonggi Province GOYANG/INCHEON — A long-standing tug-of-war over the toll fees of Ilsan Bridge, the only paid crossin ...; Global Economic Times Reporter 2026.01.06

Domestic Equity Funds Outperform Global Peers with 81% Return in 2025: (C) Investment Week SEOUL — South Korean equity funds delivered a stellar performance in 2025, significantly outperforming ...; Yim Kwangsoo Correspondent 2026.01.05

"2026 is the Year of K-Stock Revival": Ultra-High-Net-Worth Individuals Bet on 'K.O.R.E.A.': (C) KED Global SEOUL – As 2026 begins, South Korea’s ultra-wealthy investors, each holding assets exceeding 3 billion ...; Desk 2026.01.05

Seoul Apartment Prices Hit 19-Year High in 2025, Surpassing Previous Peak: Seoul apartment prices surged by 8.71% in 2025, marking the sharpest annual increase in 19 years and exceeding the previous peaks ...; Yim Kwangsoo Correspondent 2026.01.02

Basic Pension Eligibility Threshold Raised to 2.47 Million Won for Single Senior Households: (C) BORGEN Magazine SEOUL – The Ministry of Health and Welfare announced on January 1, 2026, that the income eligibility th ...; Kim Sungmoon Reporter 2026.01.02

Bain Capital to Acquire Andar Parent Echo Marketing, Launching Tender Offer for Delisting: SEOUL — Bain Capital, a leading global private equity firm, is set to acquire Echo Marketing, a KOSDAQ-listed digital market ...; Global Economic Times Reporter 2026.01.02

OpenAI Sets New Record with $1.5 Million Stock Compensation Per Employee: (C) NewsBytes SAN FRANCISCO – OpenAI, the creator of ChatGPT, has set a new benchmark in Silicon Valley by granting its emp ...; Eunsil Ju Reporter 2026.01.02

GM Outperforms Tesla and Ford in 2024 Stock Performance: (C) Toledo Blade DETROIT — General Motors (GM) has emerged as the top-performing auto stock among U.S.-listed carmakers in ...; Graciela Maria Reporter 2026.01.01

Copper Prices Skyrocket 40% in 2025, Marking Best Performance in 16 Years: (C) Valley City times SEOUL – While gold and silver traditionally dominate the spotlight during precious metal rallies, 202 ...; KO YONG-CHUL Reporter 2026.01.01

JPMorgan Projects Bitcoin to Hit $170,000 as Institutional Adoption Accelerates: (C) Watcher Guru As the digital asset market moves toward a new era defined by regulatory clarity, institutional integration, and ...; Desk 2026.01.01

KOSPI Surges 75.62% in 2025, Marking Highest Annual Growth Since 1999: SEOUL — The South Korean stock market concluded its final trading session of 2025 on a historic high, recording its most sig ...; Hwang Sujin Reporter 2025.12.30

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