Global Economic Times

2025.12.11 (Thu)
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Won-Dollar Exchange Rate Rises to 7-Month High: South Korean Authorities Scramble to Stabilize Currency as Overseas Investment Surges

(C) TradingPedia SEOUL, South Korea — The South Korean won (KRW) has been under severe pressure, with the won-dollar exchange rate soaring to levels not seen in seven months. Last week, the cur
Netflix Stock Plummets 10% on Credit Downgrade Fears Following Blockbuster Warner Bros. Acquisition

(C) Variety HOLLYWOOD — Netflix's ambitious plan to acquire Warner Bros. and its assets, including HBO Max, for a staggering enterprise value of approximately $82.7 billion ($72 billion in

Alibaba's AI Ascent: Stock Soars 70% as Tech Giant Pivots Beyond E-commerce

(C) Tip Ranks Alibaba Group Holding, globally known for its massive e-commerce platforms like AliExpress and Taobao, is rapidly accelerating its transformation into an Artificial Intelligence (AI) po

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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

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

Inflation Hits Low-Income Households Hardest: Inflation has exacerbated financial challenges for Americans, particularly low-income households. As the cost of living rises, fam ...; Desk 2024.11.05

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

Hyosung Heavy Industries Secures Major Order from Ørsted for UK Offshore Wind Farm: Hyosung Heavy Industries announced on November 4th that it had secured a contract to supply ultra-high voltage electrical equipmen ...; Global Economic Times Reporter 2024.11.05

South Korean Small Businesses Face Another Quarter of Declining Sales and Profits: A new report from Korea Credit Data (KCD) has revealed that South Korean small businesses experienced a significant decline in bot ...; Global Economic Times Reporter 2024.11.05

South Korea Faces Significant Economic Losses Due to Climate Change: A new report by the Bank of Korea, the Financial Supervisory Service, and the Korea Meteorological Administration warns that South ...; Pedro Espinola Special Correspondent 2024.11.05

SK Hynix to Accelerate HBM4 Supply for Nvidia Amidst AI Boom: SK Group Chairman Chey Tae-won revealed that Jensen Huang, CEO of Nvidia, has requested an acceleration of the supply schedule for ...; ONLINE TEAM 2024.11.05

Las tasas de interés de los depósitos bancarios se reducen una tras otra... las tasas de interés de los préstamos están aumentando: Después del recorte de la tasa de interés básica del Banco de Corea, los bancos han estado reduciendo las tas ...; ONLINE TEAM 2024.11.03

Agricultural Cooperatives Called to Strengthen Social Services to Combat Rural Decline: As rural decline emerges as a pressing social issue, calls for agricultural cooperatives to strengthen their role as the focal poi ...; Global Economic Times Reporter 2024.11.02

“Government tax cut benefits, when middle- and low-income earners increase by 6.8%, high-income earners increase by 9.9%.”: An analysis showed that while the benefits received by middle- and low-income earners over five years due to the government's tax ...; ONLINE TEAM 2024.10.31

Delivery app win-win council agrees to meet again until the end, differing opinions on commission rate: The win-win consultative body between the delivery platform and the store company, which aims to come up with a win-win plan such ...; Global Economic Times Reporter 2024.10.31

Kim Jong-guk, the ‘salty man’ who washes wet tissues, receives a presidential commendation: [GLOBAL ECONOMIC TIMES] Singer and broadcaster Kim Jong-guk, famous for being a ‘salty guy,’ received a presidential ...; Hwang Sujin Reporter 2024.10.30

“What should I do about signing up for a rental deposit?” Sudden suspension of HUG capital expansion: [GLOBAL ECONOMIC TIMES] According to the Ministry of Land, Infrastructure and Transport on the 29th, HUG suddenly halted procedur ...; Hwang Sujin Reporter 2024.10.30

Price Association: “Kimchi for a family of four costs 420,000 won… 20% more than last year.”: [GLOBAL ECONOMIC TIMES] Due to the strong prices of vegetables such as cabbage and radish, an analysis showed that the cost of ki ...; Global Economic Times Reporter 2024.10.30

Google (Alphabet), which announced better-than-expected earnings, surged 5% after-hours: [GLOBAL ECONOMIC TIMES] Alphabet, Google's parent company, surged 5% in after-hours trading after reporting third-quarter earning ...; Global Economic Times Reporter 2024.10.30

“Korea Aerospace, domestic business surge and performance momentum begins now”: [GLOBAL ECONOMIC TIMES] On the 30th, DB Financial Investment maintained its buy opinion on Korea Aerospace, saying that the momen ...; Global Economic Times Reporter 2024.10.30

Baek Jong-won's The Born Korea raised KRW 12 trillion in general public offering: [GLOBAL ECONOMIC TIMES] The Bourne Korea, a restaurant franchise company led by CEO Baek Jong-won, which is seeking listing on th ...; Hwang Sujin Reporter 2024.10.30

Gwangju Bank, attracting attention to foreigners, launches a check card exclusively for foreigners: [GLOBAL ECONOMIC TIMES] Gwangju Bank has launched a check card exclusively for foreigners. Gwangju Bank announced on the 29th th ...; Hwang Sujin Reporter 2024.10.30

Shinhan Bank supports growth of global future talent: [GLOBAL ECONOMIC TIMES] Shinhan Bank held the '2024 Swith (Shinhan with) Global CSR Project' event, a global environmental, socia ...; Desk 2024.10.30