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  • Seoul's Housing ...

    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 Megaba...

    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 Gr...

    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.

Distribution Economy

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Peruvian Economy Minister Hints at Minimum Wage Hike Before New Year
Lima, Peru – Peru's Minister of Economy and Finance, José Arista, indicated on Monday that a minimum wage increase is ...
Graciela Maria Reporter 2024.12.24

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South Korea's Wealth Gap Widens as Ultra-High-Net-Worth Individuals Surge
Seoul, South Korea – South Korea's wealth gap continues to widen, as a growing number of ultra-high-net-worth individuals (U ...
Desk 2024.12.22

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Peru's Central Bank Raises 2024 Growth Forecast
Lima, Peru – The Central Reserve Bank of Peru (BCRP) has raised its economic growth forecast for 2024 from 3.1% to 3.2%. "T ...
Desk 2024.12.22

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Bank of Korea Vows to Stabilize Markets Amidst Rising Volatility
Seoul, South Korea – The Bank of Korea (BOK) has pledged to take swift action to stabilize domestic financial and foreign ex ...
KO YONG-CHUL Reporter 2024.12.19

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Foreign Investors Dump Korean Stocks Amidst Political Uncertainty
Seoul, South Korea – The South Korean stock market experienced a significant downturn on Friday, with the KOSPI index plungi ...
KO YONG-CHUL Reporter 2024.12.18

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Early Withdrawals from Retirement Funds Soar Amid Housing Market Crunch
Seoul, South Korea – Early withdrawals from retirement funds surged to a four-year high in 2023, primarily driven by individ ...
ONLINE TEAM 2024.12.17

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Soaring Food Prices Hit Koreans Hard
Seoul, South Korea – The cost of eating out in South Korea has reached a new high, with prices of popular dishes rising by a ...
Hwang Sujin Reporter 2024.12.16

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TSMC's Dominance to Continue: 25% Revenue Growth Forecast for 2024
Taiwan Semiconductor Manufacturing Company (TSMC) is poised to further solidify its position as the world's leading semiconductor ...
Graciela Maria Reporter 2024.12.15

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Hungary's Tax Reforms Drive Economic Growth and Digital Innovation
Budapest, Hungary – Finance Minister Mihály Varga recently highlighted Hungary's significant strides in establishing ...
KO YONG-CHUL Reporter 2024.12.14

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Kendari Tourism Office Hopes Photo Exhibition Sparks Creative Economy
Kendari, Indonesia – The Kendari City Tourism and Creative Economy Agency (Disparekraf) is optimistic that the recent Celebe ...
Desk 2024.12.13

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Egypt Embraces Digital Future: Apple Pay and Tokenization Revolutionize Payments
Cairo, Egypt – A significant stride towards a cashless society has been taken in Egypt with the launch of Apple Pay and the ...
Global Economic Times Reporter 2024.12.13

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South Korea's Import Prices Rise Despite Falling Oil Prices
Seoul, South Korea – Despite a decline in international oil prices last month, South Korea's import prices rose 1.1% in Nove ...
Hwang Sujin Reporter 2024.12.13

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Non-Banking Lenders See Surge in Household Loans Amid Overall Slowdown
Seoul – While household lending across South Korea’s financial sector has continued its upward trajectory for the eigh ...
KO YONG-CHUL Reporter 2024.12.12

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Won-Dollar Exchange Rate Soars Amid Political Uncertainty, Raising Concerns Over Foreign Exchange Reserves
Seoul – The South Korean won has weakened significantly against the U.S. dollar following the declaration of martial law on ...
KO YONG-CHUL Reporter 2024.12.12

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Egypt's Inflation Slows but Remains High
Cairo, Egypt – Egypt’s annual urban consumer price inflation rate eased slightly in November, reaching 25.5% from 26.5 ...
Ana Fernanda Reporter 2024.12.11

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Saudi Arabia's Industrial Sector Sees Strong Growth in October
Riyadh: Saudi Arabia's industrial sector continued its upward trajectory in October 2024, with the Industrial Production Index (IP ...
Eugenio Rodolfo Sanabria Reporter 2024.12.11

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South Koreans Scramble for Dollars as Won Weakens
Seoul, South Korea – As concerns grow over a potential surge in the won-dollar exchange rate amid a state of emergency and p ...
KO YONG-CHUL Reporter 2024.12.11

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South Korea Scraps Inheritance Tax Cuts Amid Political Stalemate
Seoul, South Korea – South Korea’s parliament has blocked a government proposal to reduce inheritance and gift taxes, ...
Desk 2024.12.11

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South Korea's Wealth Gap Widens Amid Declining Household Debt
Seoul, South Korea – South Korea's household wealth gap has widened despite a recent decline in overall debt, according to t ...
ONLINE TEAM 2024.12.09

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Saudi Arabia's Non-Oil Sector Drives Economic Growth
Riyadh, Saudi Arabia – Saudi Arabia's economy continued its upward trajectory in the third quarter of 2024, propelled by the ...
ONLINE TEAM 2024.12.09
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US Pushes to Deploy Special Task Force to the Korean Peninsula—Is It Also Targeting China?
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HMM Relocates Headquarters to Busan: A New Era for South Korea's Flagship Carrier
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Cheonan Secures 'Excellence' Award at South Chungcheong Province's 13th Cadastral and Drone Surveying Competition
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