Global Economic Times

2026.06.07 (Sun)
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L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production

SEOUL — L&F Co., a prominent South Korean pioneer in secondary battery materials, officially announced on Thursday that its wholly-owned subsidiary, L&F Plus, has been selected as the fi
Major Korean Telcos Trim Online-Exclusive Plans by Up to 50% Amid Shift to Unified Mobile Tariffs

SEOUL — South Korea’s major mobile carriers are drastically streamlining their online-exclusive service plans, reducing their lineups by 20% to 50%. This sweeping reorganization comes clos

40s Emerge as Dominant Force in Tech Leverage ETFs: Investing 3.3 Trillion Won for Double Returns

A profound shift is occurring within the South Korean equity market as investors in their 40s emerge as the primary driver of single-stock leverage exchange-traded funds (ETFs) tied to the nation'

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South Korea’s Fiscal Deficit Narrows to 39.6 Trillion Won as Real Estate and Stock Market Recovery Boost Tax Revenue: SEJONG — South Korea’s fiscal health showed signs of significant improvement in the first quarter of 2026, with the bu ...; KO YONG-CHUL Reporter 2026.05.14

"Buying a Home with Crypto Gains": 30s Emerge as 'Big Players' in the Real Estate Market: The landscape of South Korea's real estate market is undergoing a significant transformation. The traditional methods of financing ...; KO YONG-CHUL Reporter 2026.05.11

Banking War 2.0: South Korean Banks Race to Transition into 'AI-First' Institutions: SEOUL — The South Korean financial sector is shifting its gears from simple automation to a full-scale "AI Agency" era, wher ...; Desk 2026.05.08

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&r ...; Desk 2026.05.07

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 sur ...; KO YONG-CHUL Reporter 2026.05.05

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 ...; Eugenio Rodolfo Sanabria Reporter 2026.05.04

South Korea’s Energy Relief Fund Hits 76% Application Rate in Debut Week; ₩1.4 Trillion Distributed: SEOUL – In a rapid response to the burgeoning financial pressure of global energy costs, South Korea’s "High Oil Price ...; Global Economic Times Reporter 2026.05.04

South Korea’s April Exports Hit Record $85.9 Billion, Driven by AI-Fueled Semiconductor and SSD Surge: SEOUL — South Korea’s export machine has reached an unprecedented milestone, fueled by a global explosion in Artificia ...; Global Economic Times Reporter 2026.05.02

KOSPI Breaks 6,600 Barrier for First Time, Ushering in 6,000 Trillion Won Era: On April 27, the Korea Composite Stock Price Index (KOSPI) closed at a record-breaking 6,615.03, jumping 139.40 points (2.15%) fro ...; Global Economic Times Reporter 2026.04.28

Coffee and Pay Vouchers Take Center Stage: KT Alpha Reports 65% Surge in Mobile Gifting for Labor Day: SEOUL – As Labor Day approaches on May 1st, the landscape of corporate rewards in South Korea is shifting rapidly toward dig ...; KO YONG-CHUL Reporter 2026.04.25

Diesel Prices Surpass ₩2,000 Milestone Amid Middle East Tensions and Price Cap Implementation: SEOUL – South Korea’s energy market faced a historic milestone on Friday as domestic diesel prices breached the 2,000- ...; Kim Sungmoon Reporter 2026.04.25

KOSPI Hits All-Time High Amid Mid-East Volatility; Samsung Electronics Surges: SEOUL – The South Korean stock market demonstrated remarkable resilience on Thursday, as the benchmark KOSPI index shrugged ...; KO YONG-CHUL Reporter 2026.04.23

Government Freezes Fuel Price Caps and Expands LPG Tax Cuts to Combat Inflation: SEOUL – In a decisive move to shield households from persistent inflationary pressures, the South Korean government announce ...; Global Economic Times Reporter 2026.04.23

Naphtha Prices Skyrocket 68%: South Korea Braces for Producer Price Surge: South Korea’s production costs have hit a fever pitch as the Producer Price Index (PPI) extended its climbing streak for a s ...; Global Economic Times Reporter 2026.04.22

Gov't Launches 'One-Team' Initiative to Transform Regional Airports into Tourism Hubs: The South Korean government has officially embarked on a collaborative effort to transform regional airports into strategic gatewa ...; KIM YOUNG MIN 2026.04.21

From Safety Drivers to Fully Autonomous: South Korea to Launch First Unmanned Trucking Service in June: SEOUL — The landscape of South Korea’s logistics industry is set for a historic shift this summer. Starting in June, a ...; Hwang Sujin Reporter 2026.04.19

Nasdaq Gains 1% as Semiconductor Surge Trumps Middle East Tensions: The global financial markets are showing signs of "war fatigue," as investors increasingly bet on diplomatic resolutions over geop ...; Ana Fernanda Reporter 2026.04.14

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

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