Global Economic Times

2025.10.23 (Thu)
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US and China Signal Trade War Truce with Agreement to Substantially Reduce Tariffs: Geneva, Switzerland – In a development that offers a glimmer of hope to the global economy, the United States and China have ...; Global Economic Times 2025.05.12

Sweeping Drug Price Cuts Mandated by Executive Action Aim to Align U.S. Costs with Global Standards: Washington D.C. – In a move intended to overhaul the landscape of prescription drug pricing in the United States, then-Presi ...; Eunsil Ju 2025.05.12

Historical Appointment: Chung Myung-whun Named Music Director of La Scala, Breaking Centuries-Old Tradition: Milan, Italy – In a landmark decision that reverberates through the classical music world, Teatro alla Scala, the iconic ope ...; KO YONG-CHUL 2025.05.12

Coupang Play Disrupts South Korean OTT Market with Bold 'Free Streaming' Initiative as Netflix Raises Prices: Seoul, South Korea – In a groundbreaking move that is poised to reshape the competitive landscape of the South Korean over-t ...; Eugenio Rodolfo Sanabria 2025.05.12

Bank of Korea Calls for Oversight in Potential Won-Pegged Stablecoin Issuance Amid Global Developments: Seoul, South Korea – The Bank of Korea (BOK) is advocating for a proactive role in the authorization process should stableco ...; Ana Fernanda 2025.05.12

Alarm Bells Ring for South Korea's Economic Future as OECD Predicts Sub-2% Potential Growth: Seoul, South Korea – A chorus of warnings is sounding over the trajectory of the South Korean economy, with the Organization ...; Desk 2025.05.12

K-Bank Sets New Standard in Banking Security with Pioneering Full Identity Theft Compensation: Seoul, South Korea – In a bold move to bolster consumer trust and security in the digital age, K-Bank, a prominent South Kor ...; Desk 2025.05.12

Tariff Uncertainty and Soaring Bonded Warehouse Costs Squeeze Korean SMEs in US Exports: SEOUL, South Korea – A confluence of trade uncertainties and a dramatic surge in the cost of US bonded warehouse storage are ...; Ana Fernanda 2025.05.12

South Korea's Renewable Energy Breakthrough: Surpassing 10% Amid Grid Modernization Imperative: Seoul, South Korea – A significant milestone has been reached in South Korea's energy landscape as renewable energy sources, ...; Desk 2025.05.12

Korail's Initiative Offers a Lifeline: Providing Employment and Hope to Seoul's Homeless Population: Seoul, South Korea – In a commendable move that underscores the potential for public corporations to address pressing social ...; ONLINE TEAM 2025.05.12

Soaring Pork Prices Drive South Korean Consumers Towards Chicken as a Budget-Friendly Alternative: Seoul, South Korea – The escalating cost of pork in South Korea, fueled by a significant surge in overall livestock prices l ...; Hwang Sujin 2025.05.12

Nvidia's Market Value Plunges by $270 Billion in Two Days as US Tightens AI Chip Export Controls to China: New York – Shares of Nvidia (NVDA) have experienced a dramatic two-day sell-off, erasing a staggering $270 billion from its ...; Eugenio Rodolfo Sanabria 2025.05.12

Whispers of US Currency Pressure Fuel Broad Asian Currency Rally: Global financial markets are abuzz with speculation that the United States, under the administration of Donald Trump, may be exert ...; Hwang Sujin 2025.05.12

South Korea's Construction Sector Faces Unprecedented Crisis, Echoing Post-IMF Turmoil: Seoul, South Korea – The South Korean construction industry is grappling with a severe and unprecedented downturn, as eviden ...; Hwang Sujin 2025.05.12

Won-Dollar Exchange Rate Swings Below 1,400 Amid US-China Trade Optimism and Shifting Monetary Policies: Seoul, South Korea – The Korean won (KRW) experienced a volatile trading day on Tuesday, breaching the 1,400 mark against th ...; Desk 2025.05.12

Navigating the Golden Question: Understanding Taxation on Gold and Other Assets in South Korea: The fundamental principle of taxation, often summarized as "where there is income, there is tax," carries an intuitive weight. Yet ...; Yim Kwangsoo 2025.05.12

The Silent Debt Trap: How Revolving Credit Can Secretly Triple Your Bills: Seoul, South Korea – In an era where financial prudence is increasingly vital, a seemingly innocuous financial tool lurking ...; ONLINE TEAM 2025.05.12

"Who Wears Nikes These Days?" Running Crew's Choices Have Changed Significantly: Nike, long considered the undisputed leader in the athletic footwear industry, is seeing its dominance erode. As running gains pop ...; Yim Kwangsoo 2025.05.12

The Sub-Won Strategy: South Korean Retailers Embrace Ultra-Low Prices as Consumer Sensitivity Peaks: Seoul, South Korea – In a stark departure from the long-held emphasis on "value for money," South Korean retailers, spanning ...; KO YONG-CHUL 2025.05.12

Korean Startup's Sleep-Tracking Ring Dominates Japan's Amazon, Signaling a Shift in Wearable Tech: Seoul, South Korea – A South Korean wearable tech startup, Apposter, is making waves in Japan with its innovative smart ring ...; KO YONG-CHUL 2025.05.12