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 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

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

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