Global Economic Times

2026.06.06 (Sat)
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L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production

SEOUL — L&F Co., a prominent South Korean pioneer in secondary battery materials, officially announced on Thursday that its wholly-owned subsidiary, L&F Plus, has been selected as the fi
Major Korean Telcos Trim Online-Exclusive Plans by Up to 50% Amid Shift to Unified Mobile Tariffs

SEOUL — South Korea’s major mobile carriers are drastically streamlining their online-exclusive service plans, reducing their lineups by 20% to 50%. This sweeping reorganization comes clos

40s Emerge as Dominant Force in Tech Leverage ETFs: Investing 3.3 Trillion Won for Double Returns

A profound shift is occurring within the South Korean equity market as investors in their 40s emerge as the primary driver of single-stock leverage exchange-traded funds (ETFs) tied to the nation'

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China’s Strategic Gold Rush: Beijing Amasses Reserves for 16th Straight Month Amid Dollar Uncertainty: BEIJING — As geopolitical tensions simmer in the Middle East and global financial markets grapple with shifting alliances, t ...; Eugenio Rodolfo Sanabria Reporter 2026.03.08

Seven-Eleven Korea Launches 'Whole Thigh Chicken Steak' Amid Aggressive Ready-to-Eat Meal Promotions: SEOUL – Seven-Eleven Korea is turning up the heat in the convenience store "chicken wars." The retail giant announced on Mar ...; Hwang Sujin Reporter 2026.03.07

Celltrion to Retire 9.11 Million Treasury Shares Worth ₩1.9 Trillion in Aggressive Shareholder Return Move: SEOUL – In a decisive move to bolster shareholder value amidst heightening global market volatility, South Korean biopharmac ...; KO YONG-CHUL Reporter 2026.03.07

Global Energy Crisis Ignites as Hormuz Blockade Pushes Oil Past $90; Experts Warn of $150 Peak: (C) Leverage Shares NEW YORK — The global energy market is reeling from an unprecedented shock as the Strait of Hormuz, ...; Global Economic Times Reporter 2026.03.07

S. Korea Secures 6 Million Barrels of UAE Crude Amid Hormuz Blockade; Evacuation of Citizens Underway: SEOUL — The South Korean Presidential Office announced on Friday that it has secured over 6 million barrels of crude oil fro ...; KO YONG-CHUL Reporter 2026.03.06

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds: SEOUL – The financial health of South Korea’s self-employed individuals is deteriorating rapidly, with bank loan delin ...; Yim Kwangsoo Correspondent 2026.03.05

Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi: (C) TOPI SEOUL — Amid a persistent rise in real estate prices, the total outstanding loan balance held by multi-homeowner ...; Desk 2026.03.05

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates: SEOUL — South Korea’s financial markets descended into a state of absolute panic on Wednesday as the specter of a prol ...; Hwang Sujin Reporter 2026.03.05

The Golden Touch: Kim Tae-hee Nets $6.4 Million Profit in Strategic Real Estate Exit: SEOUL – In a transaction that underscores the soaring heights of South Korea’s luxury real estate market, acclaimed ac ...; Hwang Sujin Reporter 2026.03.04

Out-of-Town Investors Shaken as Seoul Targets Non-Resident Homeowners: SEOUL — The long-preferred strategy of "remote investing"—where provincial residents purchase high-value apartments in ...; Global Economic Times Reporter 2026.03.04

South Korean Won Shakes as Exchange Rate Pierces 1,500 Mark Amid Middle East Oil Shock: SEOUL — The South Korean won plummeted to its weakest level against the U.S. dollar in nearly 17 years during overnight trad ...; Desk 2026.03.04

Oil Hits $130 Amid Prolonged Hormuz Blockade: How Will Global Markets React?: (C) PBS SEOUL — The global energy and financial sectors are bracing for a massive seismic shift as geopolitical tensions ...; Kim Sungmoon Reporter 2026.03.02

Homeplus Rehabilitation Triggers Structural Shift in Korea's Retail "Big 3": (C) Homeplus SEOUL — The long-standing "Big Three" hierarchy of the South Korean hypermarket industry—comprising E- ...; Desk 2026.03.02

BOK Expands Foreign Currency Loan Scope to Include Working Capital for Exporters: SEOUL — The Bank of Korea (BOK) announced that effective February 27, 2026, export-oriented companies will be permitted to t ...; Global Economic Times Reporter 2026.03.01

The "K-Shaped" Paradox: Why South Korea’s Recovery Isn't Igniting Inflation: (C) The Adecco Group SEOUL — South Korea is currently witnessing a stark economic divergence that is rewriting the rules ...; Global Economic Times Reporter 2026.02.28

KOSPI Shatters Records to Hit 6,200 Mark: Samsung Electronics and SK Hynix Surge on Nvidia’s AI Propelled Rally: (C) TJB News SEOUL – The South Korean stock market entered uncharted territory on Thursday, as the benchmark KOSPI index ...; KO YONG-CHUL Reporter 2026.02.27

Coupang Hits Record Annual Revenue but Q4 Profits Plummet Amid Data Breach Fallout: SEOUL – Coupang Inc. (NYSE: CPNG) reported record-breaking annual revenue and its third consecutive year of operating profit ...; Global Economic Times Reporter 2026.02.27

NVIDIA’s Record Earnings Trigger Market Shock: Nasdaq Tumbles as Investors "Sell the News": (C) Seeking Alpha NEW YORK — In a move that left many retail investors bewildered, the New York stock market witnessed a ...; Desk 2026.02.27

South Korea’s Bakery Giants Slash Prices as Government Ramps Up Pressure on Food Inflation: (C) Youtube SEOUL — In a rare victory for South Korean consumers grappling with "bread-flation," the nation’s two dom ...; Desk 2026.02.26

Bitcoin Plummets to 91 Million Won Range: Value Halved in Just Four Months: (C) IFC Markets SEOUL — The cryptocurrency market is reeling as Bitcoin, the world’s flagship digital asset, fell b ...; Desk 2026.02.25

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