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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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

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