Global Economic Times

2026.04.22 (Wed)
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Naphtha Prices Skyrocket 68%: South Korea Braces for Producer Price Surge

South Korea’s production costs have hit a fever pitch as the Producer Price Index (PPI) extended its climbing streak for a seventh consecutive month. Driven by a volatile surge in international
Gov't Launches 'One-Team' Initiative to Transform Regional Airports into Tourism Hubs

The South Korean government has officially embarked on a collaborative effort to transform regional airports into strategic gateways for international tourism. By integrating airport infrastructure wi

From Safety Drivers to Fully Autonomous: South Korea to Launch First Unmanned Trucking Service in June

SEOUL — The landscape of South Korea’s logistics industry is set for a historic shift this summer. Starting in June, autonomous trucks will officially begin transporting commercial freight

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Prosecutors Indict 52 Over 10 Trillion Won Price-Fixing Cartel: "Flour, Sugar, and Electricity Prices Rigged": SEOUL — In a massive crackdown on "livelihood crimes" that have devastated the household budgets of ordinary citizens, South ...; Hwang Sujin Reporter 2026.02.02

Fitch Affirms South Korea’s ‘AA-’ Rating, Cites Robust Semiconductor Exports and External Resilience: SEOUL – Global credit rating agency Fitch Ratings has affirmed South Korea’s Long-Term Foreign-Currency Issuer Default ...; KO YONG-CHUL Reporter 2026.01.30

South Korea Orders Massive Recalls for Over 55,000 Imported Vehicles Including Volvo and Land Rover: (C) Torque SEOUL – The South Korean Ministry of Land, Infrastructure and Transport (MOLIT) has issued a series of volunta ...; Desk 2026.01.29

A Milestone Moment: S&P 500 Pierces 7,000 Barrier Amid Fed’s Strategic Pause: (C) Quarts NEW YORK — The New York Stock Exchange witnessed a historic yet cautious trading session on Wednesday, as the ...; Global Economic Times Reporter 2026.01.29

Microsoft Hits $81 Billion in Quarterly Revenue, Beating Estimates Despite Stock Dip on Azure Growth Concerns: (C) Nairametrics SAN FRANCISCO – Microsoft Corp. announced on Wednesday that its revenue for the second fiscal quarter (O ...; Eugenio Rodolfo Sanabria Reporter 2026.01.29

The Fall of the 'King of France': Ubisoft Shares Plummet 95% in Five Years: (C) La Derecha Diario PARIS – Ubisoft, once the crown jewel of the French and European gaming industries, is facing a histo ...; Ana Fernanda Reporter 2026.01.26

Economists Predict Prolonged 1% Low Growth; Call for AI Integration and Tech Protection: (C) Economy Middle East SEOUL — South Korea’s economy is expected to remain stuck in a low-growth trap of around 1% ...; Cho Kijo Reporter 2026.01.26

Foreigners’ Stock Holdings Hit 1,389 Trillion Won Amid KOSPI Bull Run: Shift to ‘SMR’ Sectors: (C) CNBC SEOUL — Foreign investors’ ownership in the South Korean stock market has reached its highest level in nea ...; Desk 2026.01.26

U.S.-Korea Trade Tensions Flare Over Coupang Data Breach; 'Emotional Response' Under Scrutiny: WASHINGTON D.C. / SEOUL — What began as a massive personal data breach at Coupang has rapidly escalated into a high-stakes d ...; Hwang Sujin Reporter 2026.01.26

Majority of Economists Project South Korea’s Growth to Stagnate in 1% Range: (C) Spectrum News SEOUL — More than half of South Korea’s economic experts believe the nation is headed for a period ...; KO YONG-CHUL Reporter 2026.01.26

Gyeonggi Province to Reinvest 64 Billion Won in Public Development Profits into Local Infrastructure: (C) Gyeonggi Province SUWON – Gyeonggi Province has announced a landmark initiative to return approximately 64 billion won ...; Kim Sungmoon Reporter 2026.01.25

Seomyeon Dongbo Plaza Remains Busan’s Most Expensive Land as Prices Rise 1.92%: (C) Creatrip BUSAN – The Busan Metropolitan Government announced on Sunday that Seomyeon Dongbo Plaza in Bujeon-dong, Bus ...; Cho Kijo Reporter 2026.01.25

KOSPI Defies 'Greenland Crisis,' Reclaims 4,900 Mark Amid Institutional Buying: (C) Youtube SEOUL — The South Korean benchmark KOSPI reversed early losses on Wednesday, briefly reclaiming the 4,900 lev ...; Desk 2026.01.21

KOSPI Hits Historic 4,900 Mark After 12-Day Rally; Hyundai Motor Soars to 3rd in Market Cap: SEOUL — The South Korean benchmark stock index, KOSPI, continued its record-breaking streak for the 12th consecutive trading ...; Global Economic Times Reporter 2026.01.19

S. Korean Manufacturers Brace for Revenue Dip in 2026 Amid Financial Volatility: (C) Newsis SEOUL – South Korean manufacturers expect their sales to retreat this year compared to 2025, as a combination ...; Hee Chan Kim Reporter 2026.01.18

IMF Warns: Korea’s Dollar Asset Exposure 25 Times Larger Than FX Market Capacity: (C) The Times SEOUL – The International Monetary Fund (IMF) has issued a warning regarding South Korea’s significan ...; Desk 2026.01.18

"Only for the Rich and Perfect Scorers": 300,000 Koreans Abandon Subscription Savings Accounts Last Year: (C) News1 SEOUL – The number of subscribers to housing subscription savings accounts in South Korea has declined for the ...; Global Economic Times Reporter 2026.01.18

IMF Issues "Grim Warning" for Korea: Mandatory Spending to Double in 25 Years: (C) Merco Press SEOUL — The International Monetary Fund (IMF) has issued a stark warning regarding South Korea’s fi ...; Yim Kwangsoo Correspondent 2026.01.16

Trump’s Federal Reserve Shake-up: A Double-Edged Sword for Bitcoin?: (C) OpenExo As President Donald Trump prepares to announce his nominee for the next Chair of the Federal Reserve "within weeks, ...; Eugenio Rodolfo Sanabria Reporter 2026.01.16

BOK Warns: US Consumption Faces Sharp Decline if Asset Bubble Bursts: (C) Axios SEOUL — The Bank of Korea (BOK) issued a stark warning on Friday, stating that a potential collapse of the U.S. ...; Global Economic Times Reporter 2026.01.16

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