Global Economic Times

2026.06.27 (Sat)
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Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

SEOUL — The South Korean government announced a decisive reduction in the maximum price caps for petroleum products, effective from midnight on June 27. This measure, marking the seventh adjustm
Political Debates Spark Over Semiconductor "Windfall" Redistribution

As South Korea’s semiconductor industry rides the crest of an unprecedented AI-driven boom in 2026, a contentious debate has emerged within political circles regarding how to manage the resultin

Global Markets Expected to Continue AI-Driven Rally in H2 2026

The Korea Center for International Finance (KCIF) released its "Global Economic and Financial Market Outlook for the Second Half of 2026" on June 25, projecting that the global stock marke

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MOTIE Vows to Stabilize Oil Prices, Urges Refiners to Limit Consumer Burden Amid Middle East Tensions: (C) The Star SEOUL – The Ministry of Trade, Industry and Energy (MOTIE) has launched an emergency response to curb soarin ...; Global Economic Times Reporter 2026.03.09

Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis: SEOUL – The South Korean stock market experienced a massive sell-off on March 9, as the KOSPI and KOSDAQ markets were both f ...; Global Economic Times Reporter 2026.03.09

Bitcoin at a Crossroads: Will the $74,000 Threshold Signal a Bullish Reversal or a Slide to $50,000?: (C) Trade Brains SEOUL – The cryptocurrency market is currently standing at a critical psychological and technical juncti ...; Kim Sungmoon Reporter 2026.03.08

The $100 Oil Threshold: Wall Street Braces for a Paradigm Shift as Middle East Conflict Drags On: (C) HK Standard NEW YORK — The geopolitical landscape of the Middle East has shifted into a volatile new gear. As the Uni ...; Sharon Yoon Correspondent 2026.03.08

China’s Strategic Gold Rush: Beijing Amasses Reserves for 16th Straight Month Amid Dollar Uncertainty: BEIJING — As geopolitical tensions simmer in the Middle East and global financial markets grapple with shifting alliances, t ...; Eugenio Rodolfo Sanabria Reporter 2026.03.08

Seven-Eleven Korea Launches 'Whole Thigh Chicken Steak' Amid Aggressive Ready-to-Eat Meal Promotions: SEOUL – Seven-Eleven Korea is turning up the heat in the convenience store "chicken wars." The retail giant announced on Mar ...; Hwang Sujin Reporter 2026.03.07

Celltrion to Retire 9.11 Million Treasury Shares Worth ₩1.9 Trillion in Aggressive Shareholder Return Move: SEOUL – In a decisive move to bolster shareholder value amidst heightening global market volatility, South Korean biopharmac ...; KO YONG-CHUL Reporter 2026.03.07

Global Energy Crisis Ignites as Hormuz Blockade Pushes Oil Past $90; Experts Warn of $150 Peak: (C) Leverage Shares NEW YORK — The global energy market is reeling from an unprecedented shock as the Strait of Hormuz, ...; Global Economic Times Reporter 2026.03.07

S. Korea Secures 6 Million Barrels of UAE Crude Amid Hormuz Blockade; Evacuation of Citizens Underway: SEOUL — The South Korean Presidential Office announced on Friday that it has secured over 6 million barrels of crude oil fro ...; KO YONG-CHUL Reporter 2026.03.06

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds: SEOUL – The financial health of South Korea’s self-employed individuals is deteriorating rapidly, with bank loan delin ...; Yim Kwangsoo Correspondent 2026.03.05

Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi: (C) TOPI SEOUL — Amid a persistent rise in real estate prices, the total outstanding loan balance held by multi-homeowner ...; Desk 2026.03.05

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates: SEOUL — South Korea’s financial markets descended into a state of absolute panic on Wednesday as the specter of a prol ...; Hwang Sujin Reporter 2026.03.05

The Golden Touch: Kim Tae-hee Nets $6.4 Million Profit in Strategic Real Estate Exit: SEOUL – In a transaction that underscores the soaring heights of South Korea’s luxury real estate market, acclaimed ac ...; Hwang Sujin Reporter 2026.03.04

Out-of-Town Investors Shaken as Seoul Targets Non-Resident Homeowners: SEOUL — The long-preferred strategy of "remote investing"—where provincial residents purchase high-value apartments in ...; Global Economic Times Reporter 2026.03.04

South Korean Won Shakes as Exchange Rate Pierces 1,500 Mark Amid Middle East Oil Shock: SEOUL — The South Korean won plummeted to its weakest level against the U.S. dollar in nearly 17 years during overnight trad ...; Desk 2026.03.04

Oil Hits $130 Amid Prolonged Hormuz Blockade: How Will Global Markets React?: (C) PBS SEOUL — The global energy and financial sectors are bracing for a massive seismic shift as geopolitical tensions ...; Kim Sungmoon Reporter 2026.03.02

Homeplus Rehabilitation Triggers Structural Shift in Korea's Retail "Big 3": (C) Homeplus SEOUL — The long-standing "Big Three" hierarchy of the South Korean hypermarket industry—comprising E- ...; Desk 2026.03.02

BOK Expands Foreign Currency Loan Scope to Include Working Capital for Exporters: SEOUL — The Bank of Korea (BOK) announced that effective February 27, 2026, export-oriented companies will be permitted to t ...; Global Economic Times Reporter 2026.03.01

The "K-Shaped" Paradox: Why South Korea’s Recovery Isn't Igniting Inflation: (C) The Adecco Group SEOUL — South Korea is currently witnessing a stark economic divergence that is rewriting the rules ...; Global Economic Times Reporter 2026.02.28

KOSPI Shatters Records to Hit 6,200 Mark: Samsung Electronics and SK Hynix Surge on Nvidia’s AI Propelled Rally: (C) TJB News SEOUL – The South Korean stock market entered uncharted territory on Thursday, as the benchmark KOSPI index ...; KO YONG-CHUL Reporter 2026.02.27

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