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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Kospi Rallies on Samsung and SK Hynix: "10,000 Points is Just the Baseline": AI Infrastructure Boom Propels South Korean Stock Market Toward Historic HeightsAs the Kospi continues its relentless upward march ...; Global Economic Times Reporter 2026.06.01

K-Delivery At A Crossroads: Decreasing Reinvestment Power Amist Uber’s Grip on DH and Regulatory Pressures: (C) Gemini AI Image Uber Deepens Control Over DH: A Shift in the K-Delivery LandscapeThe South Korean food delivery platform ma ...; KO YONG-CHUL Reporter 2026.05.28

KOSPI Smashes Through 8,400 Barrier for First Time in History: SEOUL — South Korea’s benchmark KOSPI index staged a historic rally on Wednesday morning, capturing the unprecedented ...; Kim Sungmoon Reporter 2026.05.27

'30 Times the Minimum Wage': Samsung Semiconductor Compensation Sparks Nationwide Debate Over Wealth Gap and 'Relative Deprivation': SEOUL — In an unprecedented turn of events, the extraordinary compensation package of Samsung Electronics' semiconductor div ...; KO YONG-CHUL Reporter 2026.05.27

Bottom End of Fixed Mortgage Rates Tops 5%… Homeowners Groan Under Heavy Interest Burden: The lower limit (bottom end) of fixed-rate mortgage loans at major commercial banks has breached the 5% annual threshold, pushing ...; Hwang Sujin Reporter 2026.05.24

'Sold Out in One Day' National Growth Fund Sparks Frenzy… Authorities Consider Additional Sales in H2 as Ordinary Citizens Rush In: 87% of the total limit exhausted on day one; low-to-middle income subscribers account for nearly 40% of bank sales. 'Government lo ...; Desk 2026.05.24

K-Semiconductor Shackled by Tens of Trillions in Bonuses, Facing Crisis of Extinction Amid 'Hundred-Trillion' Expansion by Micron and TSMC: The South Korean semiconductor industry, the backbone of the nation's economy, has run into an unprecedented storm of internal and ...; Kim Sungmoon Reporter 2026.05.24

The Danger of a 36-Trillion-Won 'Debt-Driven Investment' Era… Will a 7-Trillion-Won Concentration in Samsung and Hynix Trigger a Market Crash?: The scale of leveraged stock investments, commonly known as "Bit-too" (debt-driven investment), has surpassed 36 trillion won in t ...; Global Economic Times Reporter 2026.05.24

"Sold Out in Just 10 Minutes via App"... 'National Participation Growth Fund' Sparks Unprecedented "Open Run": A state-backed investment vehicle has triggered an extraordinary frenzy in the South Korean financial market. The newly launched " ...; Global Economic Times Reporter 2026.05.23

Oil Prices Finally Edge Down: Gasoline at 2,011 Won, Diesel at 2,005 Won: SEOUL — Following nearly two months of a relentless upward rally that has severely strained the pockets of Korean drivers, d ...; Kim Sungmoon Reporter 2026.05.23

Dow Hits Fresh Record High as Geopolitical Optimism Defies Tech-Sector Mixed Bag: NEW YORK — Wall Street demonstrated robust resilience on Friday, propelled by a wave of geopolitical optimism and a string o ...; Eugenio Rodolfo Sanabria Reporter 2026.05.23

"Miss Out and Regret It Forever?" Ant Investors Agonize Over ‘Debt-Fueled’ Bets as Samsung Electronics and SK Hynix Target Prices Skyrocket: Money is deeply intertwined with our lives. While it is merely a convenient tool and a medium of exchange, it makes many people we ...; Hwang Sujin Reporter 2026.05.23

KRW/USD Exchange Rate Threatens 1,520 Won Mark: "No Signs of Coming Down": The South Korean won continues its downward spiral against the greenback, with the KRW/USD exchange rate comfortably sitting in th ...; Desk 2026.05.23

“Buying Watermelons and Rice at Convenience Stores” — CU Launches First 'Smart Grocery' Store to Target Neighborhood Shoppers: SUWON, South Korea — BGF Retail, the operating company of South Korea's leading convenience store chain CU, announced the gr ...; Hee Chan Kim Reporter 2026.05.21

K-Bank’s SOHO Loan Portfolio Surpasses 3 Trillion Won, Striking a Perfect Balance Between Growth and Financial Health: K-bank, a leading South Korean internet-only bank, announced on May 18 that its outstanding loan balance for sole proprietors and ...; Desk 2026.05.19

Korean Air to Slashing International Fuel Surcharges for June, Easing Burden on Long-Haul Travelers: SEOUL — International flight ticket prices to long-haul destinations, including the United States and Europe, are expected t ...; KO YONG-CHUL Reporter 2026.05.19

Domestic Mapping Giants Outpace Google in Q1 User Growth, Solidifying Local Dominance: SEOUL — May 18, 2026 | South Korea's leading domestic mapping applications have significantly widened their user base gap wi ...; Desk 2026.05.18

"Capital Gains Tax Lockdown": Seoul Apartment Prices Surge as Sellers Retract Listings: SEOUL — Concerns that stringent real estate tax regulations would trigger a supply crunch and ignite a fresh rally in housin ...; Hwang Sujin Reporter 2026.05.15

Hana Financial Group Injects $750 Million into Dunamu to Spearhead Digital Asset and Blockchain Revolution: SEOUL — Hana Financial Group, one of South Korea’s leading banking giants, announced a landmark strategic investment o ...; KO YONG-CHUL Reporter 2026.05.15

Samsung Electronics Union Rejects "40 Trillion Won" Bonus Proposal, Raising Fears of General Strike: SEOUL — Tensions at Samsung Electronics have reached a boiling point as the company’s primary labor union flatly rejec ...; Global Economic Times Reporter 2026.05.14

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