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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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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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Dollar Plummets in Colombia, Offering Savings for Consumers: Bogota, Colombia - The US dollar has seen a significant drop in value against the Colombian peso in recent months, leading to lowe ...; Graciela Maria Reporter 2025.02.05

Financial Markets Plunge as US Tariff War Begins: Global markets were sent reeling on February 3rd as the US tariff war, initiated by President Trump, began to take effect. The Ko ...; Global Economic Times Reporter 2025.02.04

El Salvador's Workforce Shows Significant Growth in 17 Years: San Salvador, El Salvador – The economically active population (PEA) of El Salvador has seen a substantial increase over the ...; Graciela Maria Reporter 2025.02.02