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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Economic Growth Amidst Stagnant Job Market: Deepening Imbalance: Despite positive growth in economic indicators, the actual job market remains stagnant, leading to a deepening imbalance. In parti ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23

KOSPI Reclaims 3,000 Mark After 3 Years and 6 Months, Driven by Domestic Hopes and Foreign Inflows: Seoul, South Korea – South Korea's benchmark KOSPI index has surged past the 3,000-point threshold, closing at 3,021.84 on J ...; Desk 2025.06.21

South Korea Unveils Sweeping Debt Relief for Small Businesses Amid Fairness Concerns: SEOUL – The South Korean government is set to implement a substantial debt relief program, aiming to cancel approximately 16 ...; Hwang Sujin Reporter 2025.06.19

South Korea Unveils $22 Billion Stimulus Package to Revitalize Sagging Economy: SEOUL, South Korea – In a significant move to counter prolonged domestic consumption stagnation and political uncertainty, t ...; KO YONG-CHUL Reporter 2025.06.19

Chaotic Vehicle Registration System: Municipalities Warned of Fines for Unrenewed Fees: As the vehicle registration renewal deadline approaches, municipalities across Paraguay are facing extreme chaos due to the influx ...; Ana Fernanda Reporter 2025.06.18

South Korea's Debt Crisis Deepens: Household and Small Business Delinquencies Hit 11-Year High: SEOUL, South Korea – South Korea is grappling with a rapidly escalating debt crisis as an increasing number of households an ...; Desk 2025.06.16

KOSPI Rebounds to 2940s, Defying Middle East Tensions: Seoul, South Korea – The Korea Composite Stock Price Index (KOSPI) defied escalating Middle East tensions on June 16, 2025, ...; Desk 2025.06.16

Gyeongju City to Provide Up to 700,000 Won in Energy Vouchers to Vulnerable Households: Gyeongju, North Gyeongsang Province – Gyeongju City is set to launch its 2025 Energy Voucher Support Project, a crucial init ...; Hee Chan Kim Reporter 2025.06.16

Paraguay's Banking System Delinquency Rate Hits 7-Month High, But Down Year-on-Year: ASUNCIÓN, Paraguay – As of April 2025, the delinquency rate in Paraguay's banking system reached 2.48%, marking a 0.6 ...; Ana Fernanda Reporter 2025.06.13

Singapore's Declining Domestic Vegetable Production Emerges as Food Security Threat: Singapore's domestic production of vegetables and seafood continued to decline in 2024. In contrast, egg production reportedly inc ...; LEE YEON SIL Reporter 2025.06.12

Singapore, a Tourism Hub Back in the Spotlight Thanks to Lady Gaga's Successful Concerts: The pop star Lady Gaga's four-day concert run in Singapore last month once again proved that this city-state is not merely a trans ...; LEE YEON SIL Reporter 2025.06.12

World Bank Upgrades Argentina's 2025 Growth Forecast to 5.5%... 'Lone' Growth Amidst Latin American Slowdown: The World Bank has significantly raised Argentina's economic growth forecast for 2025 to 5.5%, anticipating that Argentina will ac ...; Ana Fernanda Reporter 2025.06.11

Philippines Emerges as Southeast Asia's Top Market: Decelerating Inflation and Positive Economic Outlook: MANILA, Philippines – The Philippines is emerging as the most promising investment destination among Southeast Asian emergin ...; Yim Kwangsoo Correspondent 2025.06.09

South Korea's Per Capita GNI Surpasses ₩50 Million for the First Time: SEOUL, South Korea – South Korea has achieved a significant economic milestone, with its per capita Gross National Income (G ...; Desk 2025.06.05

KOSPI Reclaims 2,770 Mark, Surging 2.7% on New Government Expectations, First Time in 10 Months: Seoul, South Korea – The South Korean stock market experienced a robust surge on June 4, 2025, the first trading day after t ...; Desk 2025.06.04

Paraguay Records 0% Inflation in May, Cumulative Inflation Reaches 3%: According to the Consumer Price Index (IPC) announced by the Central Bank of Paraguay (BCP) on Tuesday, May 3rd, 2025, the inflati ...; Yim Kwangsoo Correspondent 2025.06.04

South Korea's May Inflation Cools to 1.9%, But Livestock Prices Soar: Seoul, South Korea – South Korea's consumer price inflation eased to 1.9% in May, marking a return to the 1% range after fiv ...; KO YONG-CHUL Reporter 2025.06.04

India Poised to Become World's Fourth-Largest Economy This Year, Overtaking Japan: New Delhi, India – India's Gross Domestic Product (GDP) is projected to surpass that of Japan by the end of this year, posit ...; Ana Fernanda Reporter 2025.06.01

South Korean LPG Suppliers Announce Price Cuts for June Amid Favorable Market Conditions: SEOUL, South Korea – South Korea's leading liquefied petroleum gas (LPG) suppliers, SK Gas and E1, have announced a reductio ...; Hee Chan Kim Reporter 2025.05.31

South Korea's Central Government Debt Reaches KRW 1,141.2 Trillion in 2024 Amidst Improving Fiscal Transparency: South Korea's central government debt climbed to KRW 1,141.2 trillion (approximately $826 billion USD) in 2024, marking an increas ...; Hwang Sujin Reporter 2025.05.31