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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Paraguay's Fuel Price Cut Sparks Warning from Distributors over Sustainability: Asunción, Paraguay - Paraguayan fuel distributors have voiced concerns that the government's recent announcement of a reduc ...; Eugenio Rodolfo Sanabria Reporter 2025.05.13

Singapore Sees Gold Investment Frenzy as Economic Uncertainty Fuels Safe-Haven Demand: Amidst a recent surge in international gold prices, Singapore has witnessed a remarkable increase in the sales of gold bars and co ...; KO YONG-CHUL Reporter 2025.05.13

Bank of Korea Calls for Oversight in Potential Won-Pegged Stablecoin Issuance Amid Global Developments: Seoul, South Korea – The Bank of Korea (BOK) is advocating for a proactive role in the authorization process should stableco ...; Ana Fernanda Reporter 2025.05.12

Alarm Bells Ring for South Korea's Economic Future as OECD Predicts Sub-2% Potential Growth: Seoul, South Korea – A chorus of warnings is sounding over the trajectory of the South Korean economy, with the Organization ...; Desk 2025.05.12

Nvidia's Market Value Plunges by $270 Billion in Two Days as US Tightens AI Chip Export Controls to China: New York – Shares of Nvidia (NVDA) have experienced a dramatic two-day sell-off, erasing a staggering $270 billion from its ...; Eugenio Rodolfo Sanabria Reporter 2025.05.12

Won-Dollar Exchange Rate Swings Below 1,400 Amid US-China Trade Optimism and Shifting Monetary Policies: Seoul, South Korea – The Korean won (KRW) experienced a volatile trading day on Tuesday, breaching the 1,400 mark against th ...; Desk 2025.05.12

Navigating the Golden Question: Understanding Taxation on Gold and Other Assets in South Korea: The fundamental principle of taxation, often summarized as "where there is income, there is tax," carries an intuitive weight. Yet ...; Yim Kwangsoo Correspondent 2025.05.12

The Silent Debt Trap: How Revolving Credit Can Secretly Triple Your Bills: Seoul, South Korea – In an era where financial prudence is increasingly vital, a seemingly innocuous financial tool lurking ...; ONLINE TEAM 2025.05.12

The Sub-Won Strategy: South Korean Retailers Embrace Ultra-Low Prices as Consumer Sensitivity Peaks: Seoul, South Korea – In a stark departure from the long-held emphasis on "value for money," South Korean retailers, spanning ...; KO YONG-CHUL Reporter 2025.05.12

US Stock Market Faces Uphill Battle for Swift Recovery, Experts Warn at Seoul Money Show: Leading investment strategists and market analysts convened at the 2025 Seoul Money Show this past weekend, offering a cautious ou ...; Ana Fernanda Reporter 2025.05.12

Weak Philippine Q1 GDP Growth Fuels Expectations for Interest Rate Cut: The Philippine economy recorded a lower-than-expected annual growth rate of 5.4% in the first quarter of this year, increasing the ...; Kim Sungmoon Reporter 2025.05.09

Philippines Aims for $2 Trillion Economy by 2050, Focuses on Attracting Private Investment: The Philippine government has set a target of reaching a $2 trillion economic scale by 2050, building on its strong economic growt ...; Kim Sungmoon Reporter 2025.05.09

Surging New Taiwan Dollar: Reflecting Potential Outcomes of US-Taiwan Trade Negotiations?: On May 2nd, the New Taiwan Dollar (NTD) surged 3.3% against the US dollar, marking its largest single-day gain in 23 years. For Ta ...; KO YONG-CHUL Reporter 2025.05.09

Chinese and Hong Kong Equities Surge Towards One-Month Peak on Beijing's Proactive Stimulus and Easing Trade Concerns: Beijing and Hong Kong – Buoyed by a decisive move from Beijing to inject stimulus into its slowing economy, mainland Chinese ...; Graciela Maria Reporter 2025.05.08

Vietnam Eyes Overhaul of Property Transfer Tax System to Combat Evasion and Boost Revenue: Hanoi, Vietnam – The Vietnamese government is actively pursuing a significant reform of its property transfer tax system, pr ...; Ana Fernanda Reporter 2025.05.07

Samsung Securities Cultivates Future Investors with Minor Account Opening Promotion: In a move to encourage early financial literacy and long-term wealth building, Samsung Securities has launched a special "Seed of ...; Desk 2025.05.07

Paraguay: Vegetable and Fruit Prices Soar 30% in 5 Months, Raising Concerns of Prolonged High Inflation: In Paraguay, the prices of vegetables and fruits have surged by an average of over 30% in the past five months, placing a signific ...; Global Economic Times Reporter 2025.05.06

Asian Markets Mixed Amid US-China Trade Uncertainty; Australian Shares Decline on Westpac Earnings Miss: Asian stock markets exhibited a generally subdued performance on Monday, trading within a narrow range as investors cautiously mon ...; Global Economic Times Reporter 2025.05.05

IMF Downgrades South Korea's Economic Outlook: $40,000 Per Capita GDP Delayed to 2029: A recent report from the International Monetary Fund (IMF) has cast a shadow over South Korea's economic trajectory, pushing back ...; Kim Sungmoon Reporter 2025.05.05

Paraguay's April Inflation Slows to 0.4%, Cumulative 3% Records Persistent Pressure: The Central Bank of Paraguay (BCP) announced last month through a press conference that the inflation rate for April 2025 recorded ...; KO YONG-CHUL Reporter 2025.05.04