Global Economic Times

2025.09.07 (Sun)
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South Korean Small Businesses Hit Hard by Economic Slump and Emergency Measures: Seoul - A recent report by Korea Credit Data reveals that small business owners in South Korea, particularly those operating cafes ...; Yim Kwangsoo Correspondent 2025.02.17

South Korea Launches Comprehensive Battery Management System for Electric Vehicles: Seoul, South Korea – This month, South Korea introduced a comprehensive "Battery Lifecycle Management System" for electric v ...; Yim Kwangsoo Correspondent 2025.02.17

Fermented Skate to be Designated as Traditional Seafood, Paving the Way for Global Market Entry: Korean Traditional Food Set for International Expansion with Government SupportBucheon, South Korea – The Korean traditional ...; Yim Kwangsoo Correspondent 2025.02.17

Gold Bar Shortage Hits Banks Amidst Soaring Gold Prices, Leaving Jewelers in the Lurch: Busan, South Korea – The price of gold has been on a relentless climb, leading to a shortage of gold bars at some commercial ...; Yim Kwangsoo Correspondent 2025.02.15

Gangwon, Gyeonggi Provinces to Co-Fund Construction of Nolmijae Tunnel: GANGWON/GYEONGGI – Gangwon and Gyeonggi provinces have announced a collaborative agreement to jointly finance the constructi ...; Yim Kwangsoo Correspondent 2025.02.15

South Korea Reconsiders Plastic Straw Ban Amidst Global Shift Back to Plastic: The South Korean government has announced that it will reconsider the effectiveness of its ban on plastic straws, following a rece ...; Yim Kwangsoo Correspondent 2025.02.14

Jeonbuk to Become Hub for Renewable Energy with Massive Offshore Wind Farm: Jeonju, South Korea – Jeonbuk Province is poised to become a leader in renewable energy with the development of a 1.4 gigawa ...; Yim Kwangsoo Correspondent 2025.02.13

Youth Wages Stagnate as Korea's Job Market Ages: Seoul – A new analysis of Statistics Korea's microdata reveals a troubling trend in South Korea's labor market: young worker ...; Yim Kwangsoo Correspondent 2025.02.13

Yelimi Noh Triumphs at LPGA Founders Cup, Overcoming Ko Jin-young: In a stunning victory, Korean-American golfer Yelimi Noh, also known as Yealimi Noh, clinched her first LPGA Tour win at the Found ...; Yim Kwangsoo Correspondent 2025.02.11

Trump's Tariffs Threaten South Jeolla Province's Booming Agricultural Exports: South Jeolla Province, a region in South Korea, has recently seen a surge in agricultural and fisheries exports, driven by the K-f ...; Yim Kwangsoo Correspondent 2025.02.11

Gyeongnam Province Invests 352.8 Billion Won in Farmer Support Projects: Gyeongnam Province announced a significant investment of 352.8 billion won ($270 million USD) in its "Three Sets of Farmer Support ...; Yim Kwangsoo Correspondent 2025.02.11

South Korea Boosts Nuclear Power Investment Amid Growing Global Demand: SEOUL – South Korea is significantly increasing its investment in the nuclear power industry, earmarking 150 billion won ($1 ...; Yim Kwangsoo Correspondent 2025.02.11

Temu Gears Up for Direct Entry into Korean E-commerce Market: SEOUL – Chinese e-commerce platform Temu, owned by PDD Holdings, is reportedly accelerating its preparations for a direct en ...; Yim Kwangsoo Correspondent 2025.02.11

Jeju Agricultural Technology Center to Supply 7 Tons of Hydroponic Seed Potatoes for Spring Crops in 2025: Jeju Agricultural Technology Center (Director Koh Sang-hwan) announced on the 10th that it will supply 7 tons of hydroponic seed p ...; Yim Kwangsoo Correspondent 2025.02.10

Medical Community Outraged by Acquittal of Traditional Korean Medicine Doctor Using X-rays: Seoul, South Korea – The medical community is expressing strong opposition to a recent court decision that acquitted a tradi ...; Yim Kwangsoo Correspondent 2025.02.10

Over 150 Female Inmates Killed in Prison Break Fire in Eastern Congo: Goma, Democratic Republic of Congo – A devastating prison break in Goma, Eastern Congo, has left over 150 female inmates dea ...; Yim Kwangsoo Correspondent 2025.02.08

South Korea Establishes Dedicated Department to Address International Environmental Regulations: Seoul – In response to the growing importance of international environmental regulations such as the EU's Carbon Border Adju ...; Yim Kwangsoo Correspondent 2025.02.06

Oil Prices Plummet Amid Trade War Uncertainty and Rising US Crude Inventories: International oil prices experienced a sharp decline on Tuesday, with Brent and West Texas Intermediate (WTI) crude futures both f ...; Yim Kwangsoo Correspondent 2025.02.06

Tesla to Launch Fully Autonomous Robotaxi Service in June, Plans for Low-Cost EV: Tesla is set to revolutionize urban transportation with the launch of its robotaxi service in June. CEO Elon Musk announced the am ...; Yim Kwangsoo Correspondent 2025.01.31

IMF Chief Warns of Lingering Inflation Despite Economic Growth: Davos, Switzerland – Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has cautioned tha ...; Yim Kwangsoo Correspondent 2025.01.25