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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AliExpress and Temu Face Backlash Over Unsafe Products: Seoul, South Korea – A recent crackdown by South Korean authorities has revealed a significant number of unsafe products bei ...; Hwang Sujin Reporter 2024.11.20

FBM KLCI Opens Higher on Wall Street Cues, Optimism Over China's Support for Hong Kong: The FTSE Bursa Malaysia KLCI (FBM KLCI) opened 2.57 points higher at 1,604.91, slightly up from the previous day's close of 1,602. ...; KO YONG-CHUL Reporter 2024.11.20

Paraguay Government Faces Backlash Over Abandoned Administrative Building: Asunción, Paraguay - The Paraguayan government is facing mounting criticism for its mismanagement of a large administrative ...; Graciela Maria Reporter 2024.11.19

South Korea's E-commerce Giants Engage in Fierce Speed Delivery War: Seoul, South Korea – The race for faster delivery speeds in South Korea has intensified as major e-commerce players and reta ...; ONLINE TEAM 2024.11.17

South Korean Food Delivery Apps Reach Partial Agreement on Fee Cuts: Seoul, South Korea – After months of negotiations, South Korea's major food delivery platforms, Baemin and Coupang Eats, hav ...; Hwang Sujin Reporter 2024.11.15

Samsung Electronics Plunges to New Lows Amidst Growing Concerns: Seoul, South Korea – Samsung Electronics, South Korea's tech giant, has seen its stock price plummet to a new 52-week low, f ...; KO YONG-CHUL Reporter 2024.11.15

Coffee Prices Soar as Dongsuh Foods and Starbucks Hike Costs: Seoul, South Korea – The South Korean food and beverage industry is bracing for a potential domino effect of price increases ...; KO YONG-CHUL Reporter 2024.11.14

South Korea's Telecom Giants to Introduce Unified 5G and LTE Plans: Seoul, South Korea - South Korea's three major telecom companies, SK Telecom, KT, and LG Uplus, have agreed to introduce unified 5 ...; KO YONG-CHUL Reporter 2024.11.14

Exchange rate ‘touches’ the 1,410 won line… Import prices also rose the highest in half a year: The won-dollar exchange rate rose to the highest level in two years, exceeding the 1,410 won level during the day. As oil prices a ...; Hwang Sujin Reporter 2024.11.14

South Korea's Ruling and Opposition Parties Agree on Key Legislative Reforms: Seoul, South Korea – South Korea's ruling and opposition parties have reached a consensus on a number of key legislative ref ...; Hwang Sujin Reporter 2024.11.14

South Korea's Stock Market Plunges Amidst Trump Victory and Internal Challenges: Seoul, South Korea – South Korea’s stock market has suffered a significant decline in recent weeks, with both the KOSP ...; Hwang Sujin Reporter 2024.11.14

Jeju's Economy Faces a Rough Patch Amidst Overinvestment and Climate Change: Jeju Island, South Korea - Jeju Island, once a popular tourist destination and real estate hot spot, is now grappling with a serie ...; KO YONG-CHUL Reporter 2024.11.13

South Korea to Tighten Rules on Auto Loan Credit Card Limits: Seoul, South Korea - South Korea's financial authorities are set to tighten regulations on special credit limits for automobile pu ...; Global Economic Times Reporter 2024.11.12

South Korea Sees Surge in Subprime Lending Amid Tightening Credit: Seoul, South Korea – South Korea is experiencing a surge in subprime lending as households turn to non-bank financial instit ...; Global Economic Times Reporter 2024.11.12

South Korea's Policy-Based Finance Hits Record High, Sparking Regulatory Concerns: Seoul, South Korea – The outstanding balance of policy-based finance provided by South Korea's public financial institutions ...; Global Economic Times Reporter 2024.11.12

South Korea Legalizes Insurance Trust, Opening New Avenues for Financial Institutions: Seoul, South Korea – The Financial Services Commission (FSC) has announced that the revised Enforcement Decree of the Capita ...; Global Economic Times Reporter 2024.11.12

Shanghai Approves Merger of GuoTai Junan Securities and Haitong Securities: Shanghai, China – The Shanghai municipal government has given its approval for the merger of GuoTai Junan Securities and Hai ...; ONLINE TEAM 2024.11.11

LG Display's OLED Panels Recognized for Superior Eye Health and Sustainability: Seoul, South Korea - LG Display continues to solidify its position as a leader in the premium display market with its OLED panels, ...; Global Economic Times Reporter 2024.11.11

Samsung Electronics Hits New 52-Week Low Amidst Foreign Selling: Seoul, South Korea - Samsung Electronics, the South Korean tech giant, continued its downward trend, hitting a new 52-week low of ...; Global Economic Times Reporter 2024.11.11

South Korea's 2nd-Tier Lenders See Surge in Loans Amidst Tightening Credit: Seoul, South Korea - South Korea's second-tier lenders, including credit card companies, savings banks, and insurance companies, h ...; ONLINE TEAM 2024.11.11