Distribution Economy - Global Economic Times

2026.11.11 (Wed)
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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
"Wiped Out 90%": Why Retail Traders Refuse to Quit High-Risk Leverage Despite Brutal Market Rout

"When the first 10% loss hit, I convinced myself it was just a routine correction and that the market would bounce right back," shared an anonymous office worker on a popular corporate com

Chungcheongbuk-do Launches TF to Drive the "Regional Revitalization Investment Fund"

Chungcheongbuk-do held the kickoff meeting for the "Regional Revitalization Investment Fund" Task Force at the provincial office on the 10th, presided over by Vice Governor for Economic Af

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Government: "Transportation Hydrogen Supply and Demand Normal… No Issues Until the End of the Year": The Ministry of Climate, Energy and Environment announced on the 22nd that there will be no issues in supplying hydrogen for hydro ...; Desk 2026.09.22

Major Commercial Banks Exceed Expanded Household Loan Caps as Lending Capacity Dries Up: SEOUL — Household loan balances at major commercial banks continue to climb, pushing them past their annual aggregate target ...; Yim Kwangsoo Correspondent 2026.09.22

'Crypto Winter' Over? Bitcoin Reclaims $85,000 After 8 Months: Bitcoin, the world’s leading cryptocurrency by market capitalization, has surpassed the $85,000 threshold for the first time ...; Graciela Maria Reporter 2026.09.22

International Oil Prices Fall Amid Hopes for Diplomatic Solution to Iran Conflict: International oil prices fell significantly on the 21st (local time) amid expectations that the United States and Iran could find ...; Kim Young Min Reporter 2026.09.22

Wall Street Hits Record High as AI Optimism Propels Meta and Intel Tech Giants Surge on Renewed AI Confidence: New York — Driven by soaring artificial intelligence (AI) optimism and declining oil prices, the three major U.S. stock indi ...; Hannah Yeh Reporter 2026.09.22

"Used even in Marado restaurants"... Toss Place payment terminals surpass 500,000 merchant stores: Toss Place, Toss's offline payment infrastructure subsidiary, is showing fierce growth, surpassing 500,000 merchant stores nationw ...; Min Gyu Mi Reporter 2026.09.21

Surging LNG Prices Forebode a Freezing Winter amid Middle East Conflict: As geopolitical tensions in the Middle East escalate, liquefied natural gas (LNG) prices are soaring to levels comparable to the R ...; Greace Nunez Correspondent 2026.09.16

National Tax Service to Provide Proactive Guidance and Refunds for Jointly Owned Home Comprehensive Real Estate Holding Tax: The National Tax Service (NTS) has announced a major administrative shift to ease the tax burden on married couples co-owning a si ...; Hwang Sujin Reporter 2026.09.13

Desperate Pursuit of HBM: China’s AI Chip Sector Faces Crippling Bottlenecks as Gray Market Prices Soar: The intensifying global race for artificial intelligence supremacy has thrown China’s domestic semiconductor industry into a ...; Global Economic Times Reporter 2026.09.12

US Rate Hike Expectations and Oil Prices Drive Up Exchange Rates: Bank of Korea's Dilemma: Recent macroeconomic indicators from the United States, alongside surging international oil prices, are reshaping the global finan ...; Greace Nunez Correspondent 2026.09.12

Korean Crypto Industry Urges Delay Ahead of 2027 Tax Implementation, Citing Infrastructure Gaps: With South Korea's long-delayed taxation on virtual asset transfers and loans scheduled to take effect on January 1 next year, the ...; Hwang Sujin Reporter 2026.09.11

Won-Dollar Exchange Rate Rises to 1,345.9 Won Amid Oil Price Surge and US Rate Hike Concerns: The South Korean won weakened against the U.S. dollar, driven by a combination of surging international oil prices and growing con ...; Kim Young Min Reporter 2026.09.11

Semiconductor-Driven Income Spills Over into Consumption and Housing Prices: The Bank of Korea Weighs Additional Rate Hikes: The unprecedented semiconductor boom is acting as a double-edged sword for the South Korean economy. According to the Bank of Kore ...; Desk 2026.09.11

Hillstate Geoje Signature Leads Win-Win Coexistence with Local Community through Continuous Support: The role of residential complexes is expanding beyond simple housing supply to growing alongside local communities. Corporate soci ...; Hee Chan Kim Reporter 2026.09.11

Gangnam 3 Districts See Apartment Prices Fall Across the Board Amid Ongoing Tax Reform Uncertainties, While Outlying Areas Maintain Strong Momentum: Uncertainties surrounding the government's recent tax reform proposals—centered on strengthening the tax burden for high-pri ...; Hwang Sujin Reporter 2026.09.11

ECB Raises Interest Rates to 2.50% Amid Inflation Pressures Driven by Iran War, Putting Focus on Upcoming Fed Meeting: The European Central Bank (ECB) has decided to raise its three key policy rates by 0.25 percentage points each, responding to pers ...; Greace Nunez Correspondent 2026.09.11

South Korea’s 3-Year Treasury Yield Surges Above 4% Amid Global Oil Price Surge and Spiking US Yields: South Korea’s 3-year treasury bond yield broke through the 4% threshold during intra-day trading, hitting its highest level ...; Desk 2026.09.11

Wall Street Economists Split as 70% Expect Fed Rate Freeze in September Amid Diverging Market Signals: As the Federal Reserve approaches its upcoming Federal Open Market Committee (FOMC) meeting scheduled for September 15–16, f ...; Graciela Maria Reporter 2026.09.11

Seltos and Sorento Buck Used Car Market Downtrend as Polarization Deepens: While the overall used car market experiences a general decline in prices, high-demand, near-new models like the Kia Seltos and So ...; Hwang Sujin Reporter 2026.09.11

South Korea’s Path to $40,000 Per Capita GNI Brightens Amid Robust Economic Recovery: SEOUL — South Korea’s economic recovery is gaining remarkable momentum, with the possibility of achieving a $40,000 pe ...; Kim Sungmoon Reporter 2026.09.10

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