Global Economic Times

2025.12.08 (Mon)
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Seoul's 'Insane Rent' Warning: Why $30,000 Monthly Rent is a Looming Threat Residential Crisis Deepens as Tourist Housing Conversion Hits Supply

(C) Pixabay A severe shortage of residential properties, particularly in Seoul, is fueling a surge in conversion of urban housing into tourist accommodations, raising alarm bells over a potential &q
Banks Eye Digital Assets: Woori Bank Displays Bitcoin Price in Dealing Room

(C) The Gulf Independent SEOUL, South Korea—In a clear sign that traditional financial institutions are beginning to seriously integrate digital assets into their core operations, Woori Bank ha

US Layoffs Surge: Over 1.17 Million Job Cuts Announced in First 11 Months of 2025

(C) Visual Capitalist New York — US employers have announced more than 1.17 million job cuts from January through November of this year, a sharp 54% increase compared to the same period last

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Egypt's Central Bank Implements First Interest Rate Cut in Five Years Amid Inflation Concerns: Eugenio Rodolfo Sanabria Reporter; 2025.04.24

IMF Sounds Alarm for Argentina: Global Economic Slowdown Looming Amidst US Tariff Hikes: Greace Nunez Correspondent; 2025.04.22

Paraguay's Multidimensional Poverty Shows Slow Improvement Despite Economic Growth: Pedro Espinola Special Correspondent; 2025.04.22

Encarnación Gears Up for 2025 World Rally with Tailored Financial Support for SMEs: Greace Nunez Correspondent; 2025.04.21

Surging Menu Prices at Major South Korean Food Chains Spark Consumer Outcry Amid Record Profits: Desk; 2025.04.20

South Korean Fuel Prices Continue Downward Trend for Tenth Consecutive Week Amidst International Oil Market Fluctuations: Ana Fernanda Reporter; 2025.04.20

Paraguay's Central Bank Raises 2025 GDP Growth Forecast Amidst Solid Growth: Desk; 2025.04.17

Won's Weak Rebound Amid Dollar's Slide Signals Deeper Economic Woes Stemming from Trade Tensions: Hwang Sujin Reporter; 2025.04.16

Bleak Outlook Persists: International Bodies Foresee Sub-2% Growth for South Korean Economy Amid Lingering Political Instability: Kim Sungmoon Reporter; 2025.04.16

Singapore Eases Monetary Policy for Second Consecutive Quarter Amid Lower-than-Expected Economic Growth: Hwang Sujin Reporter; 2025.04.14

Paraguay's Economy Maintains Solid Growth with 4.9% Increase in February, but Signs of Slowdown Emerge: Eugenio Rodolfo Sanabria Reporter; 2025.04.11

Hawaii Farmers Enter "Survival Mode" Due to Suspension of Federal Government Subsidies: Hawaii, with 90% Dependence on Imports, Hit Hard as Farmers Try to Increase Food Self-Sufficiency: Eunsil Ju Reporter; 2025.04.11

Trump's Trade Barrage Batters Washington State's Economy: Exports Plummet, Tourism Takes a Hit: Hannah Yeh Reporter; 2025.04.11

State Farm Faces Bankruptcy Risk as It Pushes for Massive Home Insurance Hike in California: Sharon Yoon Correspondent; 2025.04.11

KOSPI Surges 6.6% on Mutual Tariff Suspension, KRW/USD Exchange Rate Falls by 28 Won: Yim Kwangsoo Correspondent; 2025.04.10

Argentina Secures $20 Billion IMF Bailout, Boosting Milei's Reform Agenda: Yim Kwangsoo Correspondent; 2025.04.10

KOSPI Breaches 2300 Mark Amid Escalating US-China Trade Tensions: Global Economic Times Reporter; 2025.04.09

EU-Philippines Green Economy Partnership (EU-GEPP) Grant Program to Accelerate Circular Economy Transition: Eugenio Rodolfo Sanabria Reporter; 2025.04.09

South Korea Launches 20 Billion KRW Fund to Modernize Fisheries Distribution Sector: KO YONG-CHUL Reporter; 2025.04.07

South Korean Tax Service's "One-Click" Refund System Draws Massive User Base with Zero Fees: Desk; 2025.04.07