Global Economic Times

2026.09.05 (Sat)
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NAND Market Surges 70%... 'Samsung and Hynix' Sweep Global 1st and 2nd Places

The global NAND flash market showed a steep growth trend, surging 70% compared to the previous quarter, with Samsung Electronics and SK Hynix maintaining their positions side-by-side as the world'
Youth Employment Subsidies Up to 18M KRW… Self-Employed to Receive 1.5M KRW Childcare Allowances

Starting next year, eligibility for the Youth Job Leap Incentive will expand to include young job seekers in the capital region, while direct incentives paid to employed youth will jump from a maximum

South Korea Unveils Record 821 Trillion Won Budget for 2027

The South Korean government has finalized its draft budget for 2027, setting a record-high total expenditure of 820.9 trillion won (approximately $600 billion). Driven by a massive super-boom in the s

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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 th ...; Desk 2026.07.18

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 ...; Ana Fernanda Reporter 2026.07.18

Uber Secures $14 Billion Deal to Acquire Delivery Hero; Vows Continued Strategic Investment in South Korea’s Baemin: SEOUL — In a monumental move set to redefine the global quick-commerce and food delivery sectors, Uber Technologies Inc. has ...; Desk 2026.07.18

Seoul Restructures Welfare Paradigm with Tiered Basic Pension and Bold Blueprint for Global Bio-Pharma Leadership: SEOUL — The South Korean government has announced a sweeping structural overhaul of its basic pension framework, transitioni ...; KO YONG-CHUL Reporter 2026.07.18

President Lee Demands Immediate Crackdown on Single-Stock Leverage ETFs and Bold Debt Relief for the Vulnerable: SEOUL — President Lee Jae-myung has issued a strong directive to regulatory bodies to overhaul South Korea’s financial ...; KO YONG-CHUL Reporter 2026.07.16

Entering the 800 Trillion Won Budget Era: Minister Park Outlines Strategic Focus on Youth, Regional Growth, and Three Mega Projects: SEOUL — Minister of Fiscal Planning and Budget Park Hong-keun announced on July 13 that South Korea is set to enter an unpre ...; KO YONG-CHUL Reporter 2026.07.13

Foreign Investors Return But Sell Off 'Samsung & Hynix' as Price Target Cuts Fuel KOSPI Peak Concerns: SEOUL — Despite a shift to net buying by foreign investors for the first time in 14 trading days, South Korea’s benchm ...; Kim Sungmoon Reporter 2026.07.09

SpaceX Faces Market Reality Check as Stock Plummets Below Day-One Closing Price: NEW YORK — Shares of Elon Musk’s aerospace giant, SpaceX, slipped below their debut-day closing price on Wednesday, ra ...; Ana Fernanda Reporter 2026.07.09

K-Bank’s Lending to Sole Proprietors Surpasses 5 Trillion Won, Fueled by Strategic Pivot to Secured Loans: SEOUL — K-Bank, one of South Korea's prominent internet-only banks, has officially crossed the milestone of 5 trillion won i ...; KO YONG-CHUL Reporter 2026.07.09

Shake Shack Celebrates 10th Anniversary in Korea with Exclusive 'Heritage Collection' Collaboration: SEOUL — In a milestone celebration marking a decade of success in the South Korean market, Shake Shack, the renowned global ...; Global Economic Times Reporter 2026.07.03

NH NongHyup Life Insurance Leads Landmark 165 Billion Won Project Finance for Eco-Friendly BESS in Gwangyang: GWANGYANG, South Korea — In a historic move for the South Korean insurance sector, NH NongHyup Life Insurance (NH Life) anno ...; Kim Young Min Reporter 2026.07.01

Yen and Won Hit Critical Lows as 'Strong Dollar' Fears Grip Asian Markets: In a startling development that has sent shockwaves across Asian financial markets, the Japanese yen has plummeted to its lowest l ...; KO YONG-CHUL Reporter 2026.07.01

Algorithms Over Quality: How Platform Self-Preferencing Distorts Consumer Choices: A recent study by the Korea Fair Trade Commission (KFTC) has confirmed that online platforms can significantly influence consumer ...; Kim Young Min Reporter 2026.06.29

Kioxia Employees Join Ranks of Multi-Millionaires Amidst Semiconductor Boom: TOKYO — In an extraordinary turn of events that has captured the attention of the Japanese financial market, approximately 6 ...; Hwang Sujin Reporter 2026.06.29

Bitcoin Bet Backfires: KOSDAQ Firms Face Delisting Risks Amidst Heavy Losses: The prolonged downturn in the virtual asset market is exerting immense pressure on corporate balance sheets that had previously pi ...; Kim Young Min Reporter 2026.06.29

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions: SEOUL — The South Korean government announced a decisive reduction in the maximum price caps for petroleum products, effecti ...; Yim Kwangsoo Correspondent 2026.06.27

Political Debates Spark Over Semiconductor "Windfall" Redistribution: As South Korea’s semiconductor industry rides the crest of an unprecedented AI-driven boom in 2026, a contentious debate has ...; Hee Chan Kim Reporter 2026.06.27

Global Markets Expected to Continue AI-Driven Rally in H2 2026: The Korea Center for International Finance (KCIF) released its "Global Economic and Financial Market Outlook for the Second Half o ...; Desk 2026.06.27

Labor and Management Begin Fierce Tug-of-War Over 2027 Minimum Wage: The annual battle over South Korea's minimum wage has officially commenced, with labor and management presenting starkly different ...; Yim Kwangsoo Correspondent 2026.06.24

National Pension Service (NPS) Announces Ambition to Enter "Fund-Type" Retirement Pension Market: SEOUL — Kim Sung-joo, Chairman and CEO of the National Pension Service (NPS), officially declared the organization’s i ...; KO YONG-CHUL Reporter 2026.06.24

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