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Household debt hits record high, but growth rate slows
Household debt in South Korea reached a record high at the end of last year, but the rate of increase slowed down. According to t ...
Global Economic Times Reporter 2025.02.18

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Kia Unveils Striking Design of its First Electric Sedan, the EV4
Kia has revealed the exterior design of its highly anticipated EV4, the brand's first electric sedan. Following the successful lau ...
Global Economic Times Reporter 2025.02.18

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Ford Unveils Two New Supercharged V8 Crate Engines
Ford has announced the release of two new supercharged V8 crate engines designed to meet the growing demand for high-performance e ...
Global Economic Times Reporter 2025.02.18

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Retirement pension default option system, assets increased by 219% YoY
According to the Financial Supervisory Service's (FSS) announcement on the retirement pension default option system for the fourth ...
Global Economic Times Reporter 2025.02.18

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Kanchenjunga Base Camp to Host Adventure Half Marathon in 2025
KATHMANDU – Sirijunga Rural Municipality of Taplejung has announced an adventure half marathon to be held at the base camp o ...
Global Economic Times Reporter 2025.02.17

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Antarctic's Jangbogo Station Records Highest January Temperature Ever
The Korea Polar Research Institute (KOPRI) announced on February 14th that its Jangbogo Research Station in Antarctica recorded th ...
Global Economic Times Reporter 2025.02.17

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AI-powered genetic diagnosis system to play key role in rapid analysis
SEOUL – 3billion, a South Korean genetic analysis company, has announced a partnership with AstraZeneca Korea to accelerate ...
Global Economic Times Reporter 2025.02.17

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Dunamu Acquires Global Digital Music Score Platform MPAG
Seoul, South Korea – Dunamu, a leading blockchain and fintech company in South Korea, announced on February 17th that it has ...
Global Economic Times Reporter 2025.02.17

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Newborn Special Loan Favors High-Income Households, Missing Policy Goals
A loan program designed to combat low birth rates by offering preferential terms to families with newborns is being disproportiona ...
Global Economic Times Reporter 2025.02.17

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South Korea Re-ignites Debate on 4-Day Work Week
The concept of a 4-day work week, with three days off, has long been a dream for many office workers. However, concerns about wage ...
Global Economic Times Reporter 2025.02.14

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Bayern Munich's Red Home Jersey Banned by UEFA, Kim Min-jae's Status Uncertain for Celtic Clash
Munich, Germany – Bayern Munich's traditional red home jersey has been banned by UEFA for the remainder of the 2024-25 Champ ...
Global Economic Times Reporter 2025.02.13

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G-Dragon Makes a Dazzling Comeback with Music Variety Show 'Good Day' on iQiyi International Edition
The wait is finally over. Global music icon G-Dragon is announcing his highly anticipated return with 'Good Day,' an emotional var ...
Global Economic Times Reporter 2025.02.13

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Hyundai to Challenge EV Record at Attack Tsukuba 2025 with Ioniq 5 N TA Spec
SEOUL, South Korea – Hyundai Motor Company announced today that it will be competing in the Attack Tsukuba 2025 race at the ...
Global Economic Times Reporter 2025.02.12

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Incheon Seo-gu Cultural Foundation Launches 'Arts Activity Support Project' for Local Artists
INCHEON, South Korea – The Incheon Seo-gu Cultural Foundation has announced its 'Arts Activity Support Project' to bolster t ...
Global Economic Times Reporter 2025.02.12

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Incheon and Lotte World Partner to Boost Foreign Tourism
Incheon, South Korea – The Incheon Tourism Organization and Lotte World have announced a strategic partnership aimed at attr ...
Global Economic Times Reporter 2025.02.12

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South Korea Sees Resurgence of 'Recession-Style Consumption' Amidst High Inflation
SEOUL – As high inflation and prolonged economic stagnation grip South Korea, a trend of "recession-style consumption" is ta ...
Global Economic Times Reporter 2025.02.12

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Korean Securities Gain Momentum Amidst Value-Up Plan and Dividend Expectations
Securities stocks in Korea are gaining momentum. Following the recent earnings announcements where several brokerage firms reporte ...
Global Economic Times Reporter 2025.02.12

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South Korean Listed Companies Ramp Up Share Buybacks and Cancellations in 2024
SEOUL – South Korean listed companies have significantly increased their share buyback and cancellation activities in 2024, ...
Global Economic Times Reporter 2025.02.12

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Can Instagram's 'Teen Account' Really Protect Teens?
Instagram CEO Adam Mosseri stated on the 11th, "The core of teen accounts is to automatically protect teenagers and allow parents ...
Global Economic Times Reporter 2025.02.12

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Turkmenistan Ice Hockey Players Expelled from Asian Winter Games for Assault
Harbin, China – Four members of the Turkmenistan men's ice hockey team have been expelled from the 2025 Asian Winter Games i ...
Global Economic Times Reporter 2025.02.11
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