Global Economic Times

2026.01.20 (Tue)
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Pope Francis Appoints First Woman as Head of Vatican Administration: Vatican City – In a historic move, Pope Francis has appointed Sister Raffaella Petrini as the new head of the Vatican City S ...; Desk 2025.02.18

Nikkei Edges Up Amidst Economic Growth and Tariff Threats: TOKYO – Japan’s Nikkei share average eked out a small gain on Monday, navigating a choppy session influenced by strong ...; Desk 2025.02.17

Japan's Economy Sees Modest Growth in Q4, Flat for 2024: TOKYO – Japan's economy continued its modest recovery in the fourth quarter of 2024, with annualized growth of 2.8% in real ...; Desk 2025.02.17

Wearing Socks All Day to Bed Can Be Harmful to Your Health: Recent research has shown that wearing socks that have been worn all day to bed can be harmful to your health. According to the C ...; Desk 2025.02.17

Samsung Electronics Considers Moving Smartphone Production from China to India: SEOUL – Samsung Electronics is exploring the possibility of shifting its smartphone production from China to other countries ...; Desk 2025.02.17

Samsung to Exclude Digitizer from Galaxy Z Fold 7 for Slimmer Design: Samsung Electronics is reportedly planning to exclude the digitizer from its upcoming Galaxy Z Fold 7 foldable smartphone. The dig ...; Desk 2025.02.17

South Korea Cracks Down on 156 Individuals for Illegal Real Estate Transactions and Tax Evasion: The National Tax Service (NTS) of South Korea has announced a tax investigation into 156 individuals suspected of illegal real est ...; Desk 2025.02.17

Tada Sues Kakao Mobility for 10 Billion Won in Damages, Alleging Unfair Practices: Tada, a South Korean ride-hailing platform, has filed a lawsuit against Kakao Mobility, the operator of the popular Kakao T taxi-h ...; Desk 2025.02.17

K-Beauty Rides the Short-Form Wave to Global Success: The rise of short-form video platforms like TikTok, Instagram Reels, and YouTube Shorts has revolutionized the global beauty marke ...; Desk 2025.02.17

South Korea to Invest ₩1 Trillion in University Research Institutes: Seoul, South Korea – The South Korean government has announced a major investment in university-based research institutes to ...; Desk 2025.02.17

Unid Launches New Caustic Potash Plant in China: Seoul, South Korea – Unid (014830), a leading chemical company, announced on February 17th that it has completed the first p ...; Desk 2025.02.17

South Korea's Manufacturing, Construction Jobs Plummet Amid Economic Slump: Seoul - South Korea's job market is showing signs of strain as the number of employees in key industries such as manufacturing and ...; Desk 2025.02.17

South Korea's Job Market Freezes Over, Leaving Youth in Despair: South Korea's job market is rapidly deteriorating, with young people bearing the brunt of the downturn. Recent data reveals alarmi ...; Desk 2025.02.17

Korean Convenience Store Giants Face Profitability Crisis Amidst Expansion Race: SEOUL – South Korea's convenience store industry is facing a reckoning after years of aggressive expansion. The sector enjoy ...; Desk 2025.02.17

Apartments Dominate South Korea's Housing Market, Reaching Record High in 2023: Apartments accounted for 77% of all housing transactions in South Korea last year, the highest proportion ever recorded. This indi ...; Desk 2025.02.17

South Korean Self-Employed Workers Face Debt Crisis Amidst High Interest Rates and Economic Slump: SEOUL – South Korea is facing a growing crisis among its self-employed population as rising interest rates and a prolonged e ...; Desk 2025.02.17

Gold Rush in South Korea as Prices Skyrocket Amid Global Uncertainty: South Korea is experiencing an unprecedented surge in gold bar sales this month, with figures already shattering previous records. ...; Desk 2025.02.17

Manufacturing Jobs in South Korea Hit 12-Year Low, Youth Unemployment on the Rise: South Korea's manufacturing sector is facing a deepening crisis as the number of workers in the industry has fallen for seven cons ...; Desk 2025.02.17

Korean Oil Refiners Poised for Gains Amidst LNG Price Surge: Seoul - The recent surge in global liquefied natural gas (LNG) prices is expected to drive up demand for oil, a key substitute, cr ...; Desk 2025.02.16

Bulguksa Temple Receives Largest Government Support for Free Admission Policy: Bulguksa Temple has emerged as the biggest beneficiary of the government's free admission policy for cultural heritage sites, rece ...; Desk 2025.02.16