Global Economic Times

2026.09.26 (Sat)
All articles

LOGIN
JOIN

Soraepogu Support Center Opens Wide… Park Chan-dae: “Expectations for Fish Market Revitalization”

Ahead of the Chuseok holiday, citizens continued to visit to purchase seafood. Merchants were busy explaining seafood prices and conditions to customers. On this day, the opening ceremony of the &lsq
OECD Raises Korea's Growth Outlook to 3.7%

The Organisation for Economic Co-operation and Development's (OECD) outlook on the South Korean economy has changed significantly in just three months. The OECD projected South Korea's economi

"U.S. Pushes for Institutionalizing Virtual Assets, While South Korea Treats Them Like Entertainment and Casinos"

It has been found that the South Korean government still classifies "blockchain-based virtual asset trading and brokerage" as an industry excluded from being recognized as a corporate-affi

Distribution Economy

> Distribution Economy

Search: 821

BOK Holds Rate Steady for Seventh Consecutive Meeting, Signaling End of Easing Cycle: The Bank of Korea (BOK) on Friday maintained its benchmark interest rate at 2.50%, marking the seventh consecutive session of stat ...; Global Economic Times Reporter 2026.04.10

South Korean Financial Groups Surpass ₩4,000 Trillion in Total Assets; Net Profit Hits ₩26.7 Trillion Amid Stock Market Rally: The combined total assets of South Korea’s major financial holding companies have officially crossed the ₩4,000 trillion mil ...; Hwang Sujin Reporter 2026.04.09

The End of ‘Panic Buying’: Financial Decoupling Freezes Korean Real Estate and Auction Markets: SEOUL – The era of "Young-kkeul"—a popular Korean term meaning "pulling every last soul" to secure a mortgage—ha ...; Desk 2026.04.09

Tensions Resurface in Middle East, Sending KRW/USD Exchange Rate Rebounding Toward 1,480 Won: SEOUL — The South Korean won took a sharp turn for the worse on Thursday, erasing a portion of the previous day’s sign ...; Hwang Sujin Reporter 2026.04.09

High Oil Prices Spare No One: Diesel Surpasses 2,000 Won for the First Time in 44 Months: (C) Cedirates Despite a recent breakthrough in geopolitical tensions with a two-week ceasefire agreement between the United Sta ...; Global Economic Times Reporter 2026.04.09

KOSPI Surges Back to 5,870 Mark as U.S.-Iran Ceasefire Triggers Global Market Rally: SEOUL — South Korean financial markets experienced a dramatic rebound on Wednesday as investor sentiment shifted from fear t ...; KO YONG-CHUL Reporter 2026.04.08

South Korea Gears Up for Rapid $19 Billion Extra Budget Push to Combat Middle East War Fallout: SEOUL — The South Korean government is moving at full throttle to deploy a massive 26.2 trillion won (approximately $19.3 bi ...; Hwang Sujin Reporter 2026.04.06

Samsung Electronics Hikes Prices for High-Capacity Foldables Amid Currency Woes and Rising Component Costs: SEOUL — Samsung Electronics has officially adjusted the factory prices of several high-capacity smartphone models, citing th ...; Yim Kwangsoo Correspondent 2026.04.02

"1 Trillion Won in Interest Over Two Years"... Hanwha Solutions Faces 280-Billion Won Debt Bomb This Year: Failed to meet financial covenants for a 370-billion won foreign currency loan.Operating losses exceeded 300 billion won for two c ...; Global Economic Times Reporter 2026.04.02

The Silicon Shield: Korea’s March Exports Hit Record $86B as AI Semi-Supercycle Erupts: SEOUL — South Korea’s export engine has ignored the escalating geopolitical friction in the Middle East to deliver a r ...; Global Economic Times Reporter 2026.04.02

March Exports Break $80 billion Mark for the First Time... Trade Surplus Hits All-Time High: SEOUL – Amidst a landscape of global uncertainty and a tumultuous domestic political climate, South Korea’s economy ha ...; KO YONG-CHUL Reporter 2026.04.01

Won-Dollar Exchange Rate Surges to 1,515 Range Amid Triple Whammy: War, Oil Prices, and Foreign Capital Outflow: The South Korean won has weakened significantly against the U.S. dollar, climbing to the mid-1,515 range as escalating geopolitica ...; Yim Kwangsoo Correspondent 2026.03.30

South Korean Insurers Face 14.5% Profit Slump in 2025 Amid Rising Loss Contracts and Global Volatility: SEOUL — South Korea’s insurance sector recorded a significant double-digit decline in net profit last year, as a combi ...; Global Economic Times Reporter 2026.03.30

Card Issuers Caught in the Crossfire of Samsung-Apple Pay Fee War: [SEOUL] A long-standing conflict over payment platform fees is reaching a breaking point, leaving South Korean card issuers in a p ...; Global Economic Times Reporter 2026.03.27

SK Hynix CEO Targets 100 Trillion Won Net Cash to Fuel "Uninterrupted" AI Investment: ICHEON, South Korea — SK Hynix CEO Kwak Noh-jung announced a bold financial strategy on Wednesday, pledging to amass over 10 ...; Kim Sungmoon Reporter 2026.03.26

E-mart Launches "Half-Price" Kimbap at 3,980 Won for Two Rolls to Combat Inflation: As the cost of dining out continues to soar, E-mart is stepping in to ease the burden on consumers' wallets. The retail giant anno ...; Global Economic Times Reporter 2026.03.26

Celltrion Bets $900M on Massive Expansion, Aiming for 570,000-Liter Global Bio Dominance: INCHEON, South Korea — Celltrion announced on March 24, 2026, a bold 1.2 trillion KRW (approx. $900 million) investment plan ...; Desk 2026.03.24

KB Financial Group Launches 20 Trillion Won 'Productive Finance' Initiative for 2026: SEOUL – KB Financial Group announced on March 24, 2026, the launch of the "KB Kookmin Happiness Growth Project," a massive 2 ...; KO YONG-CHUL Reporter 2026.03.24

Saudi Arabia Warns of $180 Oil as Iran Conflict Threatens Global Energy Security: RIYADH — Saudi energy officials have issued a stark warning that international crude prices could surge past $180 per barrel ...; Ana Fernanda Reporter 2026.03.20

South Korea Unveils $47 Million "AX One-Stop" Initiative to Accelerate Industrial AI Transformation: SEOUL — In a bold move to cement its position as a global AI powerhouse, the South Korean Ministry of Science and ICT (MSIT) ...; ONLINE TEAM 2026.03.19

1
2
3
4
5
6
7
8
9
10
→