Global Economic Times

2025.10.21 (Tue)
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South Korea's Per Capita GDP Slump: Taiwan Expected to Overtake for the First Time in 22 Years

SEOUL—South Korea's economic standing is facing a potential setback as the International Monetary Fund (IMF) projects a significant drop in its per capita Gross Domestic Product (GDP) rankin
South Korea 'Trapped': OECD Shock as Tax Revenue Plummets

SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to 17.6% in 2024, ranking it 30th out of 38 OECD member nations. This fi

Samsung Heiresses to Sell $1.3 Billion Worth of Samsung Electronics Shares for Inheritance Tax

SEOUL – The controlling family of Samsung Group is set to dispose of a massive block of Samsung Electronics shares, valued at approximately $1.3 billion, to fund the payment of inheritance taxes

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The Shadow Banking Nexus: A New Crisis Epicenter: The IMF identifies the non-bank financial sector (NBFI)—or 'shadow banking'—as the most significant structural threat ...; Eugenio Rodolfo Sanabria Reporter 2025.10.19

REGIONAL BANK STOCKS REBOUND AS MOODY'S DISMISSES 'SYSTEMIC RISK,' YET OPAQUE PRIVATE CREDIT MARKET CONCERNS PERSIST: U.S. regional bank stocks, including Jefferies, Zions Bancorp, and Western Alliance, staged a significant rebound on October 17 fo ...; Ana Fernanda Reporter 2025.10.19

S. Korea and U.S. Near Trade Deal: Currency Swap with Treasury Eyed to Cushion $350 Billion Investment: SEOUL/WASHINGTON D.C. — South Korea and the United States are reportedly in the final stages of negotiations over a trade ag ...; Desk 2025.10.17

U.S.-Korea Tariff Talks Near Conclusion as Seoul Mobilizes Top Economic Team: WASHINGTON, D.C. — The protracted trade negotiations between the United States and South Korea appear to be nearing a breakt ...; Global Economic Times Reporter 2025.10.16

KOSPI Soars to Record High, Market Cap Breaches KRW 3,000 Trillion for the First Time: SEOUL – South Korea's benchmark stock index, the KOSPI, achieved a historic milestone on Wednesday, October 15, surpassing t ...; KO YONG-CHUL Reporter 2025.10.16

OpenAI's $7 Trillion Vision Becomes Reality: Altman's Mega-AI Infrastructure Drive: What was once dismissed as a flights of fancy has rapidly materialized into one of the most significant industrial projects of the ...; Hwang Sujin Reporter 2025.10.15

KOSPI's Unexpected Resilience: A Silver Lining in Global Trade Storm: Seoul, South Korea - Global financial markets experienced a sharp sell-off following a significant escalation in the U.S.-China tr ...; Eugenio Rodolfo Sanabria Reporter 2025.10.13

Cocoa Futures Plunge 50% from Peak, Signaling Potential Chocolate Price Relief: SEOUL, South Korea—The international market price for cocoa beans has plummeted, dropping by nearly 50% from its peak and re ...; Desk 2025.10.12

New York Stock Market Plunges on Trump's Threat of Tariffs on China... Tech Stocks Crash, International Oil Prices Hit a 5-Month Low: Major indices on the New York stock market fell across the board on the 10th (local time), expressing concern over the re-ignition ...; KO YONG-CHUL Reporter 2025.10.11

Bitcoin Plummets Below $110,000 Mark, Hit Directly by 'Escalating US-China Trade Tensions': Bitcoin, the market leader in the cryptocurrency market, has dropped significantly below the $110,000 mark due to the escalating t ...; Global Economic Times Reporter 2025.10.11

Trump's Tariff Scare Reignites Financial Market Panic as Won/Dollar Exchange Rate Breaks 1,430 Again: The warning from U.S. President Donald Trump about a massive increase in tariffs on China immediately sent a shockwave through the ...; Hwang Sujin Reporter 2025.10.11

South Korea's Foreign Reserves Top $422 Billion, Maintain 10th Global Ranking: SEOUL – South Korea's foreign exchange reserves have climbed back above the $420 billion mark, rising for the fourth consecu ...; Kim Sungmoon Reporter 2025.10.10

Commodities Soar: Gold Nears $4,000 as ETFs Heat Up: The commodity market is experiencing a significant boom, driving up the value of related Exchange-Traded Funds (ETFs) and signalin ...; Global Economic Times Reporter 2025.10.10

Vietnam, 'Asia's Powerhouse' Amidst Global Uncertainty, Records High 8.23% GDP Growth in Q3: Hanoi - Despite global trade conflicts and the spread of protectionism, the Vietnamese economy showed a clear recovery, recording ...; Hwang Sujin Reporter 2025.10.09

World Bank Forecast: Will Brazil's Economy Drive Latin American Growth in 2025?: Rio de Janeiro, Brazil - The World Bank, an international financial institution, projects that the Brazilian economy will grow by ...; Global Economic Times Reporter 2025.10.08

TARIFF 'BOOMERANG' HITS U.S. CONSUMERS: IMPORT PRICES SURGE: WASHINGTON D.C. – The ripple effects of the Trump administration’s sweeping tariff hikes are now demonstrably impactin ...; KO YONG-CHUL Reporter 2025.10.06

Public Opinion in U.S. Bucks Protectionist Trend, Strongly Backs South Korea Alliance and Trade: A recent comprehensive public opinion survey reveals a significant disconnect between the American populace and the protectionist ...; Eugenio Rodolfo Sanabria Reporter 2025.10.04

Hanfu Sold as 'Hanbok' on Korean Shopping Sites Sparks Cultural Outrage: SEOUL, South Korea—A fresh cultural dispute is escalating in South Korea as the traditional Chinese garment, 'Hanfu,' is bei ...; Kim Sungmoon Reporter 2025.10.02

KOSPI Soars Past 3,500, Hitting New All-Time High on Tech Rally: SEOUL — South Korea’s benchmark KOSPI index shattered records today, surpassing the 3,500 mark for the first time in h ...; Desk 2025.10.02

Amazon Launches 'Amazon Grocery,' a Value-for-Money Food Brand Under $5: The world's largest e-commerce company, Amazon, has officially launched a new private-label grocery brand, 'Amazon Grocery,' targe ...; Ana Fernanda Reporter 2025.10.02

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