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Interest rates cut but Bank hints fewer falls to come
UK interest rates could take longer to fall further after the Bank of England forecast that inflation will creep higher after last ...
Global Economic Times Reporter 2024.11.09

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Junior doctors are striking. Should we increase their wages by a third?
Their union says that demands on doctors keep rising while their pay keeps shrinking. 2024 started off on a rather dour note, wit ...
Global Economic Times Reporter 2024.11.09

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US Jobs Report Shows Unemployment Claims at Lowest Levels in 50 Years
The U.S. economy had another month of strong employment gains between mid-February and mid-March, adding 431,000 new jobs. Althoug ...
Global Economic Times Reporter 2024.11.09

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BIXPO 2024: South Korea Showcases Latest Energy Innovations
The 10th BIXPO (Bightgaram International Electric Technology Expo), a global energy industry expo hosted by Korea Electric Power C ...
Global Economic Times Reporter 2024.11.07

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Soaring Numbers of South Korean Youth Opting Out of the Workforce
A growing number of South Korean youth in their 20s are choosing to opt out of the workforce, according to a recent survey by Stat ...
Global Economic Times Reporter 2024.11.07

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“Again Trump”… Korean economic uncertainty tsunami
As the 'second term of Trump's administration' is expected to take place, attention is being paid to the impact it will have on ou ...
Global Economic Times Reporter 2024.11.07

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Absolutely! Here’s a draft of the English news article based on the provided Korean text: KT Unveils AI-Powered 8K Set-Top Box, Revolutionizing IPTV Experience
South Korea’s largest telecommunications company, has unveiled the “Genie TV Set-Top Box 4,” the world’s f ...
Global Economic Times Reporter 2024.11.06

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SK Telecom Unveils ‘Aster’, an AI Agent Designed to Proactively Assist Users
SK Telecom has unveiled “Aster”, a new AI agent designed to proactively assist users in their daily lives. The name &l ...
Global Economic Times Reporter 2024.11.06

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South Korean PE Firms Face Scrutiny Over Value Creation
A recent study has revealed that South Korea's top five private equity firms have struggled to significantly boost the return on e ...
Global Economic Times Reporter 2024.11.06

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Kia Unveils the All-New Sportage with Enhanced Features and Performance
Kia has officially announced the launch of the all-new Sportage, a compact SUV that boasts a range of upgrades and enhancements. T ...
Global Economic Times Reporter 2024.11.06

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US Job Market Shows Mixed Signals in October
The US labor market painted a complex picture in October, with significant job growth in certain sectors offset by substantial los ...
Global Economic Times Reporter 2024.11.06

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South Korea's Foreign Exchange Reserves Shrink Amidst Strong Dollar
South Korea's foreign exchange reserves contracted by over $42 billion in October, primarily attributed to the strengthening US do ...
Global Economic Times Reporter 2024.11.05

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Meta to Launch Teen Accounts in South Korea, Restricting Instagram Use
Meta, the parent company of Facebook and Instagram, has announced plans to introduce a new "Teen Account" feature in South Korea s ...
Global Economic Times Reporter 2024.11.05

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AI and Engineering Majors Top South Korea's University Rankings Amid Job Market Uncertainty
The most sought-after undergraduate programs in South Korea’s top 10 universities have shifted towards science and engineeri ...
Global Economic Times Reporter 2024.11.05

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Eurozone Inflation Rises Unexpectedly
Eurozone inflation unexpectedly climbed to 2% in October, according to preliminary data released by Eurostat on Thursday. This fig ...
Global Economic Times Reporter 2024.11.05

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Inflation Eases Further, Fed Rate Cut Expected
Inflation in the United States continued its downward trend in September, inching closer to the Federal Reserve's 2% target. The P ...
Global Economic Times Reporter 2024.11.05

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Streamlining Regulations to Boost US Chip Manufacturing
The recent passage of the Building Chips in America Act (BCAA) marks a significant step towards streamlining environmental reviews ...
Global Economic Times Reporter 2024.11.05

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South Korea Seeks to Expand Regional Gift Certificate Use to Rural Areas
A new bill has been introduced in the South Korean National Assembly that would allow regional love gift certificates to be used a ...
Global Economic Times Reporter 2024.11.05

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LH Faces Mounting Losses in Public Rental Housing
The Korea Land and Housing Corporation (LH) is incurring a staggering loss of 110 million won (approximately US$82,000) for each p ...
Global Economic Times Reporter 2024.11.05

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HD Hyundai Infracore Partners with Amogy and SK Innovation to Develop Clean Ammonia-Based Hydrogen Power Generation System
HD Hyundai Infracore, a construction equipment affiliate of HD Hyundai, announced on November 4th that it has formed a strategic p ...
Global Economic Times Reporter 2024.11.05
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