Distribution Economy - Global Economic Times

2026.10.23 (Fri)
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Seoul's Housing Market Enters a Cooling Phase, Yet Rental Strains and Skyrocketing One-Room Rents Deepen Urban Housing Anxiety

SEOUL — While Seoul’s apartment sales market is showing initial signs of taking a breather after a prolonged rally, the city's rental sector is moving in the opposite direction, intens
Japan’s Three Megabanks to Skip Third Batch of U.S. Semiconductor Investments Amid Dollar Funding Squeeze

TOKYO — In a notable shift in cross-border financing, Japan’s three major financial institutions have decided to step back from participating in the upcoming wave of U.S.-bound investments

Companies Stating Greenhouse Gas Reduction Plans Borrowed Money Cheaper

As global greenhouse gas emissions show little sign of slowing down, the United Nations has warned that the global average temperature could rise by 2.8°C compared to pre-industrial levels. The 1.

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Cheonan City Launches Intensive Crackdown on Delinquent Local Taxes to Bolster Fiscal Stability: Cheonan City, South Korea – Cheonan City has announced a robust initiative to aggressively pursue the collection of outstand ...; JEONG CHAN MYEONG 2025.05.03

Cheonan City Boosts Green Mobility with Electric Motorcycle Subsidies, Incentivizing Scrappage of Polluting Vehicles: Cheonan, South Korea – In a proactive move to combat air pollution and foster a greener urban environment, Cheonan City has ...; HONG MOON HWA Senior Reporter 2025.05.03

Philippine April Inflation Expected to Slightly Increase, Impacted by Electricity and Public Transportation Fare Hikes: MANILA, Philippines – The Philippines' April consumer price index (CPI) inflation rate is expected to have slightly increase ...; Hwang Sujin Reporter 2025.05.03

South Korea's Parliament Approves 13.8 Trillion Won Supplementary Budget Amid Political Wrangling: Seoul, South Korea - The South Korean National Assembly has passed a 13.8 trillion won (approximately $10.1 billion USD) supplemen ...; Desk 2025.05.01

Hyundai Drives into North American Logistics with New Hydrogen Truck and Charging Infrastructure: ANAHEIM, CA – Hyundai Motor Company is making a significant push into the burgeoning North American zero-emission commercial ...; Desk 2025.04.30

Trace Cesium Halts Japanese Nut Import to South Korea: SEOUL, South Korea – Import procedures for processed peanuts and nuts from Japan have been halted after minute traces of rad ...; Desk 2025.04.28

IMF Downgrades South Korea's Path to $40,000 Per Capita GDP, Citing Global Uncertainties: SEOUL - South Korea's ascent to a $40,000 per capita GDP milestone is expected to take longer than previously anticipated, accordi ...; KO YONG-CHUL Reporter 2025.04.28

South Korean Self-Employed Face Mounting Debt Amid Economic Slump: SEOUL - South Korea's self-employed sector is facing a growing financial strain, with debt levels soaring to over three times thei ...; Desk 2025.04.28

Itaipu 'Slept' Through Real Depreciation, Resulting in ₩200 Billion Loss?: Economist Gladys Benegas Points to Poor Financial Management Overlooking Exchange Rate Risk: A controversy is brewing over claims that Itaipu Binacional (hereinafter referred to as Itaipu), a joint hydroelectric power plant ...; Desk 2025.04.28

Taiwan's Export Growth Projected to Remain Robust Amidst Trade Dynamics: The Taiwan-based think tank, the Chung-Hua Institution for Economic Research (CIER), has released a projection indicating that Tai ...; Ana Fernanda Reporter 2025.04.27

South Korea and U.S. Launch Full-Scale Trade Talks Amidst High-Stakes Tariff Dispute: Washington D.C. – South Korea and the United States have officially commenced comprehensive trade negotiations following a p ...; Desk 2025.04.27

Credit Rating Agency Warns of Challenges for Paraguay's Banking System: ASUNCIÓN, Paraguay – International credit rating agency Fix SCR recently issued a report warning that Paraguay's bank ...; Eugenio Rodolfo Sanabria Reporter 2025.04.25

Paraguay's Central Bank Holds Key Interest Rate at 6.00% for 13th Consecutive Month: ASUNCIÓN – The Central Bank of Paraguay (BCP) announced yesterday, following a meeting of its Monetary Policy Committ ...; Desk 2025.04.25

South Korea's Economic Growth Stalls, Raising Concerns Over Finance Minister's Leadership: Seoul – South Korea's economic growth has hit a snag, with the first quarter's real gross domestic product (GDP) contracting ...; Hwang Sujin Reporter 2025.04.24

South Korea to Implement Tax Deduction for Gym and Pool Memberships to Boost Fitness Participation: In a move to alleviate the financial burden of physical activity and encourage greater public participation in sports, the South K ...; Desk 2025.04.24

Egypt's Central Bank Implements First Interest Rate Cut in Five Years Amid Inflation Concerns: Cairo, Egypt - In a significant shift of monetary policy, the Central Bank of Egypt (CBE) unexpectedly slashed its benchmark inter ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

IMF Sounds Alarm for Argentina: Global Economic Slowdown Looming Amidst US Tariff Hikes: Washington D.C. - The International Monetary Fund (IMF) has issued a stark warning regarding a significant deceleration in global ...; Greace Nunez Correspondent 2025.04.22

Paraguay's Multidimensional Poverty Shows Slow Improvement Despite Economic Growth: Recently, the Economic Commission for Latin America and the Caribbean (CEPAL) released a report on multidimensional poverty in the ...; Pedro Espinola Special Correspondent 2025.04.22

Encarnación Gears Up for 2025 World Rally with Tailored Financial Support for SMEs: ENCARNACIÓN, Paraguay – In anticipation of the prestigious 2025 World Rally Championship event set to take place in E ...; Greace Nunez Correspondent 2025.04.21

Surging Menu Prices at Major South Korean Food Chains Spark Consumer Outcry Amid Record Profits: A growing wave of price hikes across major South Korean food and beverage franchises, including coffee shops, burger joints, and f ...; Desk 2025.04.20