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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Gyeonggi Province to Reinvest 64 Billion Won in Public Development Profits into Local Infrastructure: (C) Gyeonggi Province SUWON – Gyeonggi Province has announced a landmark initiative to return approximately 64 billion won ...; Kim Sungmoon Reporter 2026.01.25

Seomyeon Dongbo Plaza Remains Busan’s Most Expensive Land as Prices Rise 1.92%: (C) Creatrip BUSAN – The Busan Metropolitan Government announced on Sunday that Seomyeon Dongbo Plaza in Bujeon-dong, Bus ...; Cho Kijo Reporter 2026.01.25

KOSPI Defies 'Greenland Crisis,' Reclaims 4,900 Mark Amid Institutional Buying: (C) Youtube SEOUL — The South Korean benchmark KOSPI reversed early losses on Wednesday, briefly reclaiming the 4,900 lev ...; Desk 2026.01.21

KOSPI Hits Historic 4,900 Mark After 12-Day Rally; Hyundai Motor Soars to 3rd in Market Cap: SEOUL — The South Korean benchmark stock index, KOSPI, continued its record-breaking streak for the 12th consecutive trading ...; Global Economic Times Reporter 2026.01.19

S. Korean Manufacturers Brace for Revenue Dip in 2026 Amid Financial Volatility: (C) Newsis SEOUL – South Korean manufacturers expect their sales to retreat this year compared to 2025, as a combination ...; Hee Chan Kim Reporter 2026.01.18

IMF Warns: Korea’s Dollar Asset Exposure 25 Times Larger Than FX Market Capacity: (C) The Times SEOUL – The International Monetary Fund (IMF) has issued a warning regarding South Korea’s significan ...; Desk 2026.01.18

"Only for the Rich and Perfect Scorers": 300,000 Koreans Abandon Subscription Savings Accounts Last Year: (C) News1 SEOUL – The number of subscribers to housing subscription savings accounts in South Korea has declined for the ...; Global Economic Times Reporter 2026.01.18

IMF Issues "Grim Warning" for Korea: Mandatory Spending to Double in 25 Years: (C) Merco Press SEOUL — The International Monetary Fund (IMF) has issued a stark warning regarding South Korea’s fi ...; Yim Kwangsoo Correspondent 2026.01.16

Trump’s Federal Reserve Shake-up: A Double-Edged Sword for Bitcoin?: (C) OpenExo As President Donald Trump prepares to announce his nominee for the next Chair of the Federal Reserve "within weeks, ...; Eugenio Rodolfo Sanabria Reporter 2026.01.16

BOK Warns: US Consumption Faces Sharp Decline if Asset Bubble Bursts: (C) Axios SEOUL — The Bank of Korea (BOK) issued a stark warning on Friday, stating that a potential collapse of the U.S. ...; Global Economic Times Reporter 2026.01.16

"5-Year Wait for K-Transformers": Supply Shortage Creates a 'Tariff-Free Zone': (C) IEEE Spectrum SEOUL – The global power equipment market has shifted into a dominant "sellers' market," with South Kor ...; Eugenio Rodolfo Sanabria Reporter 2026.01.15

Crypto "Super Ant" Gains $7.2M with 1,043% Return on Altcoin: (C) Businees Insight SEOUL — A retail investor, often referred to in Korea as a "Super Ant," has made headlines after rec ...; Desk 2026.01.15

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

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