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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Spiraling Deficits Driven by Overtreatment: Private Health Insurance Premiums to Rise 7.8% Next Year: (C) KBS SEOUL – South Korean policyholders are facing a significant financial burden as private health insurance premiums a ...; Hwang Sujin Reporter 2025.12.24

Gold and Silver Prices Surge to Record Highs: Analysts Predict Further Upside Amid Favorable Macro Conditions: (C) Discovery Alert The global precious metals market has reached an unprecedented milestone, with both gold and silver prices si ...; Global Economic Times Reporter 2025.12.23

Tech Surge Lifts Wall Street as Santa Rally Hopes Ignite: (C) Dataconomy NEW YORK — U.S. stocks closed higher on Monday, driven by a resurgence in technology shares as investors loo ...; Eugenio Rodolfo Sanabria Reporter 2025.12.23

FSS to Nullify Financial Contracts Amid Massive Losses; Sweeping Reform to Bolster Consumer Protection: SEOUL — The Financial Supervisory Service (FSS) has unveiled a comprehensive "Financial Consumer Protection Improvement Road ...; Hwang Sujin Reporter 2025.12.23

Delinquency Rates Among South Korean Sole Proprietors Hit Record High Amid Economic Stagnation: (C) Nikkei Asia SEOUL — The financial stability of South Korea’s self-employed sector has reached a critical breaki ...; Global Economic Times Reporter 2025.12.23

Seoul Apartment Monthly Rents Hit Record High Amid Severe Lease Shortage: (C) The Japan Times SEOUL – Monthly rent prices for apartments in Seoul have surged to an all-time high this year, driven b ...; Hwang Sujin Reporter 2025.12.21

North Korean Hackers Seize $1.5B in Record Crypto Heist Year: (C) Techradar SEOUL — Global cryptocurrency losses from hacking have reached a staggering $2.7 billion (approx. 3.99 trilli ...; KO YONG-CHUL Reporter 2025.12.21

"How can we save?" Young Koreans struggle with rising living costs and stagnant income.: (C) Easy Campus SEOUL – A recent report highlights the deepening economic distress of South Koreans in their 20s and 30s, a ...; Desk 2025.12.19

Hana Financial Group Expands Global Footprint with $100 Million Capital Injection into U.S. Subsidiary: (C) Hana Financial Group Hana Financial Group is set to carry out a large-scale capital increase for its U.S. subsidiary, Hana Ba ...; KO YONG-CHUL Reporter 2025.12.19

S. Korean Won Breaches 1,480 per Dollar Amid Foreign Sell-off; Authorities Activate FX Swaps: (C) KED Global SEOUL — The South Korean won plummeted past the psychologically significant 1,480 mark against the U.S. doll ...; KO YONG-CHUL Reporter 2025.12.18

KRX Temporarily Slashes Stock Trading Fees by 20-40% to Counter ATS Rival: (C) Deco Journal SEOUL – The Korea Exchange (KRX), South Korea’s sole stock market operator, announced a temporary ...; Hee Chan Kim Reporter 2025.12.15

South Korea’s National Assembly Passes Banking Act Amendment Regulating Loan Interest Rates: (C) KED Global SEOUL – The South Korean National Assembly passed a controversial amendment to the Banking Act today, design ...; Global Economic Times Reporter 2025.12.13

Won-Dollar Exchange Rate Rises to 7-Month High: South Korean Authorities Scramble to Stabilize Currency as Overseas Investment Surges: (C) TradingPedia SEOUL, South Korea — The South Korean won (KRW) has been under severe pressure, with the won-dollar exchan ...; Hee Chan Kim Reporter 2025.12.11

Netflix Stock Plummets 10% on Credit Downgrade Fears Following Blockbuster Warner Bros. Acquisition: (C) Variety HOLLYWOOD — Netflix's ambitious plan to acquire Warner Bros. and its assets, including HBO Max, for a staggerin ...; Sharon Yoon Correspondent 2025.12.11

Alibaba's AI Ascent: Stock Soars 70% as Tech Giant Pivots Beyond E-commerce: (C) Tip Ranks Alibaba Group Holding, globally known for its massive e-commerce platforms like AliExpress and Taobao, is rapidly a ...; Desk 2025.12.11

LG Electronics Poised for a Major Earnings Rebound in 2026: Brokerage Hikes Target Price to KRW 130,000: (C) ET Retail SEOUL - LG Electronics (LGE) is expected to stage a significant earnings recovery starting next year, despite an an ...; Yim Kwangsoo Correspondent 2025.12.11

KOTRA Secures Record $700M Budget for 2026, Spearheading Export Growth and Economic Security: SEOUL, South Korea – The Korea Trade-Investment Promotion Agency (KOTRA) is gearing up for a major push in national export a ...; KO YONG-CHUL Reporter 2025.12.08

Musk's SpaceX Valuation Soars to Up to 800 Billion USD, Claiming Title as World's Most Valuable Private Company: (C) UNN.ua Elon Musk's space exploration company, SpaceX, is reportedly poised to reach a staggering valuation of up to $800 billi ...; Eunsil Ju Reporter 2025.12.08

Economists Predict Another Fed Rate Cut Ahead of Final FOMC of the Year: (C) Coinpedia SEOUL - The U.S. Federal Reserve (Fed) is set to convene its final Federal Open Market Committee (FOMC) meeting of t ...; Global Economic Times Reporter 2025.12.08

Seoul's 'Insane Rent' Warning: Why $30,000 Monthly Rent is a Looming Threat Residential Crisis Deepens as Tourist Housing Conversion Hits Supply: (C) Pixabay A severe shortage of residential properties, particularly in Seoul, is fueling a surge in conversion of urban housing ...; Desk 2025.12.06

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