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  • L&F Plus Secures KRW...

    L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production

    SEOUL — L&F Co., a prominent South Korean pioneer in secondary battery materials, officially announced on Thursday that its wholly-owned subsidiary, L&F Plus, has been selected as the fi

  • Major Korean Telcos ...

    Major Korean Telcos Trim Online-Exclusive Plans by Up to 50% Amid Shift to Unified Mobile Tariffs

    SEOUL — South Korea’s major mobile carriers are drastically streamlining their online-exclusive service plans, reducing their lineups by 20% to 50%. This sweeping reorganization comes clos

    40s Emerge as Domina...

    40s Emerge as Dominant Force in Tech Leverage ETFs: Investing 3.3 Trillion Won for Double Returns

    A profound shift is occurring within the South Korean equity market as investors in their 40s emerge as the primary driver of single-stock leverage exchange-traded funds (ETFs) tied to the nation'

Distribution Economy

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Colombia's Fiscal Challenges Persist as Revenue Targets Fall Short
The Colombian government is facing significant fiscal challenges as revenue collection continues to fall below expectations. Recen ...
Global Economic Times Reporter 2025.02.28

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IMF Issues Global Alert Over U.S. Policy Shifts
WASHINGTON D.C. – The International Monetary Fund (IMF) has raised significant concerns regarding the global repercussions o ...
Hannah Yeh Reporter 2025.02.28

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Rising Won-Dollar Exchange Rate Expected to Drive Up Consumer Prices in South Korea
SEOUL - The Bank of Korea (BOK) has issued a warning that the recent surge in the won-dollar exchange rate, driven by domestic pol ...
Global Economic Times Reporter 2025.02.28

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Japan Deepens Economic Ties with ASEAN Amidst Shifting Geopolitical Landscape
TOKYO – As global economic security concerns escalate, Japan is intensifying its collaborative efforts with Southeast Asian ...
Hwang Sujin Reporter 2025.02.27

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Philippine Stocks Surge, Peso Stable Amid US Relations Boost
MANILA – Philippine stocks experienced a significant rebound on Wednesday, while the local currency, the peso, remained rela ...
Graciela Maria Reporter 2025.02.27

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Bank of Korea Cuts Growth Forecast, Cites Economic Uncertainties
SEOUL - The Bank of Korea (BOK) on Tuesday sharply lowered its economic growth forecast for this year to 1.5 percent, citing persi ...
Desk 2025.02.25

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Asahi Beer to Raise Prices in Korea Next Month
SEOUL – Asahi Beer, a popular Japanese beer brand in South Korea, will raise prices by up to 20% starting next month, accord ...
ONLINE TEAM 2025.02.23

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This year, it is predicted that South Korea's real GDP growth rate could plummet to 1.0%.
According to the financial sector on the 21st, UK-based Capital Economics (CE) lowered its forecast for South Korea's economic gro ...
ONLINE TEAM 2025.02.21

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Portugal Rolls Out New Tax Incentives to Attract Global Talent After NHR Phase-Out
Lisbon, Portugal – Portugal has unveiled a new tax regime aimed at attracting highly skilled professionals and fostering inn ...
Ana Fernanda Reporter 2025.02.19

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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

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Hana Bank Launches 'K-League Victory Savings Account' to Celebrate 2025 Season Opening
SEOUL – Hana Bank announced the launch of its new "K-League Victory Savings Account" on February 17 to celebrate the opening ...
KO YONG-CHUL Reporter 2025.02.17

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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

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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

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Ulsan Chamber of Commerce and Bank of Korea Ulsan Headquarters to Cooperate for Regional Economic Development
The Ulsan Chamber of Commerce announced on the 16th that it will promote various projects to develop the regional economy in coope ...
Desk 2025.02.16

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Solaria Secures Grid Connection for 213 MW Data Center Project in Madrid
Madrid, Spain – Solaria Energía y Medio Ambiente has announced it has received confirmation from Red Eléctrica ...
Graciela Maria Reporter 2025.02.14

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US Inflation Rebounds, Rattling Economic Nerves and Posing Challenge for Trump
The US economy is on high alert as the January Consumer Price Index (CPI) rebounded to 3%, the highest level in seven months. This ...
Sharon Yoon Correspondent 2025.02.13

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Gold Rush Continues: Investors Flock to Gold Amidst Soaring Prices and Trade War Fears
Seoul – The price of gold has been on a relentless climb, fueling a surge in investment demand. This has led to record-break ...
Desk 2025.02.13

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South Korea's Mint Halts Gold Bar Sales Amidst Soaring Demand and Global Trade Tensions
SEOUL – The Korea Minting and Security Printing Corporation (KOMSCO) has announced a temporary suspension of gold bar sales, ...
KO YONG-CHUL Reporter 2025.02.12

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IMF Maintains South Korea's Economic Growth Forecast at 2.0% for 2025
The International Monetary Fund (IMF) has maintained its economic growth forecast for South Korea at 2.0% for 2025. In its annual ...
KO YONG-CHUL Reporter 2025.02.08

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Bank of Korea's Gold Reserves Ranking Drops Amid Global Gold Rush
The Bank of Korea's (BOK) ranking in global gold reserves has fallen two places in the past year, from 36th to 38th. This comes a ...
KO YONG-CHUL Reporter 2025.02.06
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