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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South Korea Sees Rise in Household Income and Savings in Q3: Seoul, South Korea – South Korea's households experienced a boost in both income and savings in the third quarter of 2024, a ...; ONLINE TEAM 2024.11.29

Kbank to Temporarily Suspend Services for System Upgrade: Kbank, a leading digital bank in South Korea, announced on [date] that it will temporarily suspend its services from 0:00 AM to 8: ...; Hwang Sujin Reporter 2024.11.29

EDB Advances Key Projects in Central Asia: Investments, Water Management, and Energy Transition: Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB) and a member of Kazakhstan's Foreign Inv ...; Ana Fernanda Reporter 2024.11.29

Yomiuri Shinbun to Launch New Stock Index, Yomiuri 333: Tokyo, Japan – The Yomiuri Shinbun, a major Japanese newspaper, announced plans to launch a new stock index called "Yomiuri ...; ONLINE TEAM 2024.11.28

Taiwan's Economy Shows Signs of Slowdown Despite AI Boom: Taipei, Taiwan – Taiwan’s National Development Council (NDC) has reported that the country’s economic monitoring ...; Hwang Sujin Reporter 2024.11.28

Ringgit Strengthens Against US Dollar Amidst Fed Rate Hike Uncertainty: The Malaysian ringgit has strengthened against the US dollar, buoyed by a more dovish-than-expected Federal Reserve meeting minute ...; Global Economic Times Reporter 2024.11.28

Philippines Records Budget Surplus in October, Cuts Annual Deficit: Manila, Philippines – The Philippine government has reported a budget surplus of 6.3 billion pesos in October, a significant ...; Global Economic Times Reporter 2024.11.28

Euro Nears Parity with Dollar as US Economy Outperforms: Seoul, South Korea – The US dollar continues to strengthen against the euro, with the possibility of the two currencies reac ...; Global Economic Times Reporter 2024.11.27

South Korea's Rising Delinquency Rates Signal Economic Strain: Seoul, South Korea – South Korea's credit card and savings bank delinquency rates have surged in the third quarter, indicati ...; KO YONG-CHUL Reporter 2024.11.27

South Korea's Cryptocurrency Tax Debate Heats Up: Seoul, South Korea – South Korea's National Assembly is embroiled in a heated debate over the taxation of cryptocurrency gai ...; Hwang Sujin Reporter 2024.11.27

Dollar Deposits Fluctuate as South Korean Won Weakens: Seoul, South Korea – The fluctuation of the South Korean won against the US dollar has led to increased volatility in dollar ...; Desk 2024.11.27

Lotte Chemical Struggles Amidst Falling Share Prices and Mounting Financial Concerns: Seoul, South Korea – Lotte Chemical's stock price has been plummeting due to a combination of a downturn in the petrochemica ...; KO YONG-CHUL Reporter 2024.11.27

Financial Supervisory Service Upholds Auto Lease Companies' Right to Charge Depreciation Fees: Seoul, South Korea – The Financial Supervisory Service (FSS) has ruled that it is legitimate for auto lease companies to cha ...; Hwang Sujin Reporter 2024.11.27

Paraguay's Economic Growth Masks Deep-Rooted Poverty: Asunción, Paraguay – Despite experiencing robust economic growth in recent years, Paraguay continues to grapple with ...; KO YONG-CHUL Reporter 2024.11.26

South Korea's Credit Card and Savings Bank Delinquency Rates Rise Amid Economic Strains: Seoul, South Korea – South Korea is grappling with a rising tide of household debt as the delinquency rates of credit cards ...; Desk 2024.11.25

Euro Plunges Amidst Strong Dollar and Economic Uncertainties: The euro has hit its lowest level against the dollar in nearly two years, as concerns over a potential global recession and the im ...; Graciela Maria Reporter 2024.11.25

Samsung Electronics Buys Back $7.17 Billion in Shares Amid Shareholder Pressure: Seoul, South Korea – Samsung Electronics has announced a $7.17 billion share buyback program, aiming to boost its sagging st ...; Desk 2024.11.25

A Massive Logistics Facility with a Next-Generation Drone Technology R&D Center Opens in Itabashi-ku, Tokyo: A grand opening ceremony was held on October 2nd for a massive logistics facility equipped with a next-generation drone technology ...; Ana Fernanda Reporter 2024.11.25

Bolivia Opens Up Its Fuel Market to Private Competition: La Paz, Bolivia – In a significant move to liberalize its energy sector, the Bolivian government has finalized a decision to ...; Ana Fernanda Reporter 2024.11.23

South Korea's Overseas Assets Hit Record High as 'Retail Investors' Fuel Overseas Investments: Seoul, South Korea – South Korea's net foreign assets have surpassed $900 billion for the first time, marking a historic hig ...; Desk 2024.11.20