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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JPMorgan Projects Bitcoin to Hit $170,000 as Institutional Adoption Accelerates: (C) Watcher Guru As the digital asset market moves toward a new era defined by regulatory clarity, institutional integration, and ...; Desk 2026.01.01

KOSPI Surges 75.62% in 2025, Marking Highest Annual Growth Since 1999: SEOUL — The South Korean stock market concluded its final trading session of 2025 on a historic high, recording its most sig ...; Hwang Sujin Reporter 2025.12.30

Korea Investment & Securities Hits 1 Trillion KRW Milestone with Nation’s First IMA Over 20,000 individual investors flock to the principal-protected account; average investment reaches 43 million KRW.: SEOUL — Korea Investment & Securities (KIS) announced on Tuesday that more than 20,000 individual investors flocked to t ...; Global Economic Times Reporter 2025.12.30

Korea to Replace Prison Terms with Hefty Fines for Corporate Misconduct; Max Penalty for Retail Giants Up Tenfold: SEOUL – The South Korean government and the ruling party announced on Tuesday a sweeping reform of economic punishment regul ...; KO YONG-CHUL Reporter 2025.12.30

China to Transition Digital Yuan into 'Deposit Currency' with Interest Payments Starting 2025: (C) CryptoDnes.bg BEIJING — In a landmark shift for the world’s most advanced major central bank digital currency (CB ...; Hwang Sujin Reporter 2025.12.30

NVIDIA Completes $5 Billion Investment in Intel, Securing 4% Stake: (C) NBC Bay Area SAN FRANCISCO – In a landmark move that signals a strategic realignment within the semiconductor industry, ...; Sharon Yoon Correspondent 2025.12.30

Silver Shatters $80 Ceiling as Copper nears $13,000 Amid Global Supply Squeeze: (C) Pixabay LONDON / NEW YORK — Industrial and precious metals are ending the year with a historic rally. International sil ...; Graciela Maria Reporter 2025.12.29

Bank Gold and Silver Sales Hit Record Highs as "Precious Metal Fever" Sweeps Korea: (C) The Times SEOUL – Domestic demand for precious metals has reached an unprecedented peak, with sales of gold and silver ...; Hwang Sujin Reporter 2025.12.29

"Cashless Society" Accelerates: Monthly Cash Spending Drops to 320,000 Won: (C) Inside Small Business SEOUL — While the transition toward a "cashless society" is picking up pace in South Korea, a par ...; KO YONG-CHUL Reporter 2025.12.29

S. Korean Insurers to Raise Auto Insurance Premiums by 1% Amid Ballooning Deficits: (C) Policy House SEOUL – South Korean non-life insurers are set to raise auto insurance premiums by an average of 1.5% next ...; Global Economic Times Reporter 2025.12.29

Mirae Asset Seeks to Acquire Korbit: A Strategic Move into the Crypto Market: (C) Medium Mirae Asset Group, South Korea’s leading financial powerhouse, is reportedly pushing for the acquisition of Korb ...; KO YONG-CHUL Reporter 2025.12.29

South Korean Gas Prices Dip for Third Straight Week; Downward Trend Expected to Continue: SEOUL — Domestic gasoline and diesel prices in South Korea have extended their decline for the third consecutive week, provi ...; KO YONG-CHUL Reporter 2025.12.27

LG Energy Solution Faces Massive Blow with 14 Trillion Won in Contract Cancellations This Month: SEOUL – LG Energy Solution (LGES), South Korea’s leading battery manufacturer, is grappling with a series of major set ...; Desk 2025.12.27

"Better Than Savings Plans" – South Korea’s New IMA Products See 1 Trillion Won "Sell-out" in Just Four Days: SEOUL – Investment Management Accounts (IMA) are taking the South Korean financial market by storm as investors flock to pro ...; KO YONG-CHUL Reporter 2025.12.27

Once Up 459%, Beauty Giant APR Stumbles: Retail Investors Panicked Amid Insider Selling: (C) Neuberger Berman The stock price of APR, a leading K-beauty tech company, has recently lost its upward momentum, leaving in ...; Global Economic Times Reporter 2025.12.27

FANUC Stock Surges 60% as World’s Top Robotics Firm Joins Forces with NVIDIA: (C) Seeking Alpha TOKYO – FANUC, the world’s leading industrial robotics and factory automation (FA) company, has eme ...; Pedro Espinola Special Correspondent 2025.12.25

Apple CEO Tim Cook Doubles Nike Stake Amid Stock Slump, Signaling Confidence in Turnaround: (C) Rolling Out New York — Shares of Nike Inc. (NKE) saw a significant rebound during Wednesday’s pre-market and hol ...; Greace Nunez Correspondent 2025.12.25

S&P 500 Hits New Intraday Record Amid Holiday-Shortened Trading; Santa Rally Expectations Mount: (C) Investopedia NEW YORK — U.S. equity markets showed resilience on Wednesday, with the S&P 500 Index touching a fresh ...; Ana Fernanda Reporter 2025.12.25

Triple Surge: Gold, Silver, and Copper Hit Record Highs Amid Geopolitical Tension and AI Boom: (C) Global Energy News The global commodities market is witnessing an unprecedented rally, with gold, silver, and copper all shat ...; Global Economic Times Reporter 2025.12.24

High Exchange Rate Shadows South Korean Food and Retail Industry: Convenience Stores Set to Raise PB Product Prices: (C) Insaide Small Businees SEOUL — The South Korean economy is facing a grim outlook for consumer prices in 2026 as the p ...; Global Economic Times Reporter 2025.12.24

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