Global Economic Times

2025.10.22 (Wed)
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South Korea's Per Capita GDP Slump: Taiwan Expected to Overtake for the First Time in 22 Years

SEOUL—South Korea's economic standing is facing a potential setback as the International Monetary Fund (IMF) projects a significant drop in its per capita Gross Domestic Product (GDP) rankin
South Korea 'Trapped': OECD Shock as Tax Revenue Plummets

SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to 17.6% in 2024, ranking it 30th out of 38 OECD member nations. This fi

Samsung Heiresses to Sell $1.3 Billion Worth of Samsung Electronics Shares for Inheritance Tax

SEOUL – The controlling family of Samsung Group is set to dispose of a massive block of Samsung Electronics shares, valued at approximately $1.3 billion, to fund the payment of inheritance taxes

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Hyundai Drives into North American Logistics with New Hydrogen Truck and Charging Infrastructure: Desk; 2025.04.30

Trace Cesium Halts Japanese Nut Import to South Korea: Desk; 2025.04.28

IMF Downgrades South Korea's Path to $40,000 Per Capita GDP, Citing Global Uncertainties: KO YONG-CHUL Reporter; 2025.04.28

South Korean Self-Employed Face Mounting Debt Amid Economic Slump: 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: Desk; 2025.04.28

Taiwan's Export Growth Projected to Remain Robust Amidst Trade Dynamics: Ana Fernanda Reporter; 2025.04.27

South Korea and U.S. Launch Full-Scale Trade Talks Amidst High-Stakes Tariff Dispute: Desk; 2025.04.27

Credit Rating Agency Warns of Challenges for Paraguay's Banking System: Eugenio Rodolfo Sanabria Reporter; 2025.04.25

Paraguay's Central Bank Holds Key Interest Rate at 6.00% for 13th Consecutive Month: Desk; 2025.04.25

South Korea's Economic Growth Stalls, Raising Concerns Over Finance Minister's Leadership: Hwang Sujin Reporter; 2025.04.24

South Korea to Implement Tax Deduction for Gym and Pool Memberships to Boost Fitness Participation: Desk; 2025.04.24

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

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