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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Mirae Asset Seeks to Acquire Korbit: A Strategic Move into the Crypto Market: (C) Medium Mirae Asset Group, South Korea’s leading financial powerhouse, is reportedly pushing for the acquisition of Korb ...; KO YONG-CHUL Reporter 2025.12.29

South Korean Gas Prices Dip for Third Straight Week; Downward Trend Expected to Continue: SEOUL — Domestic gasoline and diesel prices in South Korea have extended their decline for the third consecutive week, provi ...; KO YONG-CHUL Reporter 2025.12.27

LG Energy Solution Faces Massive Blow with 14 Trillion Won in Contract Cancellations This Month: SEOUL – LG Energy Solution (LGES), South Korea’s leading battery manufacturer, is grappling with a series of major set ...; Desk 2025.12.27

"Better Than Savings Plans" – South Korea’s New IMA Products See 1 Trillion Won "Sell-out" in Just Four Days: SEOUL – Investment Management Accounts (IMA) are taking the South Korean financial market by storm as investors flock to pro ...; KO YONG-CHUL Reporter 2025.12.27

Once Up 459%, Beauty Giant APR Stumbles: Retail Investors Panicked Amid Insider Selling: (C) Neuberger Berman The stock price of APR, a leading K-beauty tech company, has recently lost its upward momentum, leaving in ...; Global Economic Times Reporter 2025.12.27

FANUC Stock Surges 60% as World’s Top Robotics Firm Joins Forces with NVIDIA: (C) Seeking Alpha TOKYO – FANUC, the world’s leading industrial robotics and factory automation (FA) company, has eme ...; Pedro Espinola Special Correspondent 2025.12.25

Apple CEO Tim Cook Doubles Nike Stake Amid Stock Slump, Signaling Confidence in Turnaround: (C) Rolling Out New York — Shares of Nike Inc. (NKE) saw a significant rebound during Wednesday’s pre-market and hol ...; Greace Nunez Correspondent 2025.12.25

S&P 500 Hits New Intraday Record Amid Holiday-Shortened Trading; Santa Rally Expectations Mount: (C) Investopedia NEW YORK — U.S. equity markets showed resilience on Wednesday, with the S&P 500 Index touching a fresh ...; Ana Fernanda Reporter 2025.12.25

Triple Surge: Gold, Silver, and Copper Hit Record Highs Amid Geopolitical Tension and AI Boom: (C) Global Energy News The global commodities market is witnessing an unprecedented rally, with gold, silver, and copper all shat ...; Global Economic Times Reporter 2025.12.24

High Exchange Rate Shadows South Korean Food and Retail Industry: Convenience Stores Set to Raise PB Product Prices: (C) Insaide Small Businees SEOUL — The South Korean economy is facing a grim outlook for consumer prices in 2026 as the p ...; Global Economic Times Reporter 2025.12.24

Spiraling Deficits Driven by Overtreatment: Private Health Insurance Premiums to Rise 7.8% Next Year: (C) KBS SEOUL – South Korean policyholders are facing a significant financial burden as private health insurance premiums a ...; Hwang Sujin Reporter 2025.12.24

Gold and Silver Prices Surge to Record Highs: Analysts Predict Further Upside Amid Favorable Macro Conditions: (C) Discovery Alert The global precious metals market has reached an unprecedented milestone, with both gold and silver prices si ...; Global Economic Times Reporter 2025.12.23

Tech Surge Lifts Wall Street as Santa Rally Hopes Ignite: (C) Dataconomy NEW YORK — U.S. stocks closed higher on Monday, driven by a resurgence in technology shares as investors loo ...; Eugenio Rodolfo Sanabria Reporter 2025.12.23

FSS to Nullify Financial Contracts Amid Massive Losses; Sweeping Reform to Bolster Consumer Protection: SEOUL — The Financial Supervisory Service (FSS) has unveiled a comprehensive "Financial Consumer Protection Improvement Road ...; Hwang Sujin Reporter 2025.12.23

Delinquency Rates Among South Korean Sole Proprietors Hit Record High Amid Economic Stagnation: (C) Nikkei Asia SEOUL — The financial stability of South Korea’s self-employed sector has reached a critical breaki ...; Global Economic Times Reporter 2025.12.23

Seoul Apartment Monthly Rents Hit Record High Amid Severe Lease Shortage: (C) The Japan Times SEOUL – Monthly rent prices for apartments in Seoul have surged to an all-time high this year, driven b ...; Hwang Sujin Reporter 2025.12.21

North Korean Hackers Seize $1.5B in Record Crypto Heist Year: (C) Techradar SEOUL — Global cryptocurrency losses from hacking have reached a staggering $2.7 billion (approx. 3.99 trilli ...; KO YONG-CHUL Reporter 2025.12.21

"How can we save?" Young Koreans struggle with rising living costs and stagnant income.: (C) Easy Campus SEOUL – A recent report highlights the deepening economic distress of South Koreans in their 20s and 30s, a ...; Desk 2025.12.19

Hana Financial Group Expands Global Footprint with $100 Million Capital Injection into U.S. Subsidiary: (C) Hana Financial Group Hana Financial Group is set to carry out a large-scale capital increase for its U.S. subsidiary, Hana Ba ...; KO YONG-CHUL Reporter 2025.12.19

S. Korean Won Breaches 1,480 per Dollar Amid Foreign Sell-off; Authorities Activate FX Swaps: (C) KED Global SEOUL — The South Korean won plummeted past the psychologically significant 1,480 mark against the U.S. doll ...; KO YONG-CHUL Reporter 2025.12.18

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