Global Economic Times

2025.09.08 (Mon)
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South Korea's Import Prices Rise Despite Falling Oil Prices: Seoul, South Korea – Despite a decline in international oil prices last month, South Korea's import prices rose 1.1% in Nove ...; Hwang Sujin 2024.12.13

Apple and Google Unleash New AI Capabilities in Fierce Competition: Apple has integrated OpenAI's GPT-4 into its Siri voice assistant, marking a significant step forward in its AI strategy. This int ...; Sharon Yoon 2024.12.13

South Korea Unveils New Guidelines to Boost Green Lending: South Korea has introduced a new regulatory framework aimed at expanding green lending, aligning loans with the country's green ta ...; KO YONG-CHUL 2024.12.13

South Korea Faces Rapid Aging and Changing Household Structure: South Korea is poised to undergo a dramatic demographic shift in the coming decades, according to a recent forecast by Statistics ...; Desk 2024.12.13

Egypt's Trade Balance Improves, but Current Account Deficit Widens: Cairo, Egypt – Egypt's trade balance saw a positive trend in September 2023, with exports surging and imports increasing at ...; Graciela Maria 2024.12.12

Egypt to List State-Owned Companies in 2025: CAIRO, Egypt – Egypt is poised to embark on a significant privatization drive in 2025, with plans to list several state-owne ...; Pedro Espinola 2024.12.12

Meta Platforms Experiences Global Outage: MENLO PARK, Calif. – Meta Platforms, the parent company of popular social media platforms Facebook, Instagram, Messenger, Wh ...; KO YONG-CHUL 2024.12.12

Ulm's Tallest Tower Loses its Title to Sagrada Família: Ulm, Germany – A century-old record is about to be broken. The Ulm Minster, renowned for its towering spire, is set to lose ...; Desk 2024.12.12

Bosch to Cut up to 10,000 Jobs in Germany: Stuttgart, Germany – German automotive supplier Bosch is set to reduce its workforce in Germany by up to 10,000 jobs, accord ...; Pedro Espinola 2024.12.12

Finland Delivers Significant Humanitarian Aid to Ukraine: Helsinki, Finland – The Finnish Ministry of the Interior announced on Wednesday that the country has delivered 68 truckloads ...; Ana Fernanda 2024.12.12

Finland to Receive Additional EU Funding for Border Security: Helsinki, Finland – Finland will receive an additional €50 million from the European Commission to bolster its border s ...; Pedro Espinola 2024.12.12

Cheonan City Brings Joy to Multicultural Families with Free Weddings: Cheonan City is helping multicultural families settle into the community by providing free wedding ceremonies through its "Happy W ...; HONG MOON HWA 2024.12.12

Retail Commission Rates Rise in South Korea, Squeezing Suppliers: SEOUL – Commission rates charged by major retailers in South Korea, including TV home shopping channels, department stores, ...; ONLINE TEAM 2024.12.12

Merger of Korean OTT Platforms Tving and Wavve Hinges on Pricing Strategy, Survey Reveals: Seoul – A survey conducted by Consumer Insight indicates that the potential merger of Korean streaming giants Tving and Wavv ...; Global Economic Times 2024.12.12

Cyworld Announces Ambitious Relaunch Targeting All Generations: Seoul – Once a dominant force in South Korean social networking, Cyworld is gearing up for a comeback next year with a moder ...; Hwang Sujin 2024.12.12

GM Pulls the Plug on Cruise Robotaxi Investment, Leaving Waymo and Tesla in Pole Position: Detroit – General Motors (GM) has announced a major shift in its autonomous vehicle strategy, halting further investment in ...; Hannah Yeh 2024.12.12

Korean Air Completes Asiana Airlines Acquisition, Creating Global Aviation Giant: Seoul — Korean Air has officially acquired Asiana Airlines, culminating a four-year merger process and reshaping the South K ...; Hwang Sujin 2024.12.12

NACUFOK Launches "Moamoa Account" Offering High Interest and Flexible Transactions: Seoul – The National Credit Union Federation of Korea (NACUFOK) has unveiled a new financial product aimed at capturing the ...; Desk 2024.12.12

Non-Banking Lenders See Surge in Household Loans Amid Overall Slowdown: Seoul – While household lending across South Korea’s financial sector has continued its upward trajectory for the eigh ...; KO YONG-CHUL 2024.12.12

Won-Dollar Exchange Rate Soars Amid Political Uncertainty, Raising Concerns Over Foreign Exchange Reserves: Seoul – The South Korean won has weakened significantly against the U.S. dollar following the declaration of martial law on ...; KO YONG-CHUL 2024.12.12