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  • US "Blue Wave&q...

    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...

    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 Wea...

    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

Distribution Economy

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Samsung Electronics Plunges to New Lows Amidst Growing Concerns
Seoul, South Korea – Samsung Electronics, South Korea's tech giant, has seen its stock price plummet to a new 52-week low, f ...
KO YONG-CHUL Reporter 2024.11.15

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Coffee Prices Soar as Dongsuh Foods and Starbucks Hike Costs
Seoul, South Korea – The South Korean food and beverage industry is bracing for a potential domino effect of price increases ...
KO YONG-CHUL Reporter 2024.11.14

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South Korea's Telecom Giants to Introduce Unified 5G and LTE Plans
Seoul, South Korea - South Korea's three major telecom companies, SK Telecom, KT, and LG Uplus, have agreed to introduce unified 5 ...
KO YONG-CHUL Reporter 2024.11.14

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Exchange rate ‘touches’ the 1,410 won line… Import prices also rose the highest in half a year
The won-dollar exchange rate rose to the highest level in two years, exceeding the 1,410 won level during the day. As oil prices a ...
Hwang Sujin Reporter 2024.11.14

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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
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