Global Economic Times

2026.07.22 (Wed)
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OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

NEW YORK / SEOUL — After a challenging period during which investor sentiment had visibly shifted toward rival Anthropic, OpenAI is staging a swift comeback in the private secondary stock market
South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

SEOUL — South Korea’s financial regulators are deploying a sweeping set of emergency stabilization measures to curb the extreme volatility tied to single-stock leveraged products, particul

TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion

TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has delivered another blockbuster quarterly performance, rewriting financial records on the

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Financial Services Commission Accelerates Sanctions Against Lotte Card Over Massive Data Breach: The Financial Services Commission (FSC) of South Korea has officially initiated formal proceedings to finalize sanctions against L ...; Desk 2026.06.22

KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won: The South Korean stock market reached a historic landmark on June 19, 2026, as the benchmark KOSPI index shattered the 9,300-point ...; Global Economic Times Reporter 2026.06.20

Why Gas Prices in South Korea Remain Above 2,000 Won Despite U.S.-Iran Cease-fire: Despite the recent breakthrough in the U.S.-Iran conflict and a subsequent drop in international oil prices, South Korean motorist ...; Global Economic Times Reporter 2026.06.20

Fed Maintains Rates, But Shifts to Hawkish Stance Under Chair Warsh: WASHINGTON — In a decisive shift that signals a departure from previous policy, the U.S. Federal Reserve decided to keep the ...; Eugenio Rodolfo Sanabria Reporter 2026.06.18

Global Markets Rally on Middle East Peace Hopes; Tech Stocks Lead the Charge: Global financial markets are experiencing a profound shift in sentiment as the prospect of peace in the Middle East breathes new l ...; Kim Sungmoon Reporter 2026.06.16

NVIDIA Seeks $22 Billion Bond Issuance to Fuel AI Dominance: NVIDIA, the undisputed leader in the artificial intelligence semiconductor market, is preparing to return to the corporate bond ma ...; Ana Fernanda Reporter 2026.06.16

Won Stays Firm at 1,500 Level Despite US-Iran Peace Deal: The South Korean won-dollar exchange rate continues to trade in the mid-1,500 range, resisting downward pressure even after the an ...; KO YONG-CHUL Reporter 2026.06.16

Focus Shifts from Rates to Rhetoric: Markets On Edge for Fed Chair Warsh’s Debut Message at June FOMC: SEOUL — Having successfully digested the latest round of inflation data, global financial markets are turning their undivide ...; KO YONG-CHUL Reporter 2026.06.15

Banks Lock in Corporate Funds with 3% Deposit Rates to Counter 'Money Move' Risks: SEOUL — South Korean commercial banks are aggressively raising interest rates on fixed-term deposits to the 3% range. Driven ...; Kim Sungmoon Reporter 2026.06.15

KOSPI Soars at Market Open, Triggering Buy Sidecar on U.S.-Iran Peace Agreement: SEOUL — The South Korean benchmark KOSPI index experienced a dramatic surge immediately after the opening bell on Monday, tr ...; KO YONG-CHUL Reporter 2026.06.15

Mirae Asset Fails to Secure SpaceX IPO Shares, Dealing a Blow to Domestic ETF Portfolios: SEOUL — Mirae Asset Securities, which participated as an underwriter in the highly anticipated initial public offering (IPO) ...; Global Economic Times Reporter 2026.06.14

President Lee Demands End to Stock Manipulation via Media: “Return to Honest Journalism”: SEOUL — President Lee Jae-myung issued a stern warning against corrupt media practices over the weekend, calling for an imme ...; Desk 2026.06.14

EV Public Charging Discounts Prove Successful: Usage Surges 9.2% as South Korea Pilots Demand-Shifting Grid Strategy: SEOUL — A targeted government initiative to lower public electric vehicle (EV) charging rates during peak renewable energy g ...; Global Economic Times Reporter 2026.06.13

Gasoline Prices Drop for Fourth Consecutive Week as Trump’s Comments Send Global Oil Prices Plummeting: SEOUL — Domestic gasoline and diesel retail prices in South Korea have declined for the fourth consecutive week, reflecting ...; Hwang Sujin Reporter 2026.06.13

$85 Billion IPO Debacle: South Korean Retail and Institutional Investors Left Empty-Handed as Goldman Sachs Slashes SpaceX Allocations to Zero: SEOUL — South Korean investors who eagerly anticipated a piece of Elon Musk’s aerospace behemoth, SpaceX, have been le ...; Desk 2026.06.13

KOSPI Plummets to 7,400 Level Amid U.S. Strike Fears, AI Anxieties, and Quadruple Witching Day: The South Korean benchmark stock index, KOSPI, suffered a sharp decline in early trading on Thursday, tumbling to the 7,400 level. ...; Desk 2026.06.11

KOSPl’s Rollercoaster Ride: From Hell to Heaven in 24 Hours as 'Fear Gauge' Hits Historic High: SEOUL — The South Korean stock market experienced a breathtaking u-turn, swinging from "hell to heaven" in less than 24 hour ...; Desk 2026.06.09

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 ...; Hwang Sujin Reporter 2026.06.05

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, reducin ...; Hwang Sujin Reporter 2026.06.05

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 sing ...; Global Economic Times Reporter 2026.06.03

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