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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IMF Downgrades South Korea's Economic Outlook: $40,000 Per Capita GDP Delayed to 2029: Kim Sungmoon Reporter; 2025.05.05

Paraguay's April Inflation Slows to 0.4%, Cumulative 3% Records Persistent Pressure: KO YONG-CHUL Reporter; 2025.05.04

Wall Street Trades with Losses After Unexpected Contraction of the US GDP: Greace Nunez Correspondent; 2025.05.03

U.S. Economy Stumbles with Unexpected Q1 GDP Contraction Amid Tariff Fallout: Pedro Espinola Special Correspondent; 2025.05.03

Daejeon Boosts Digital Inclusion with Enhanced Assistive Technology Support for People with Disabilities: Hwang Sujin Reporter; 2025.05.03

Cheonan City Launches Intensive Crackdown on Delinquent Local Taxes to Bolster Fiscal Stability: JEONG CHAN MYEONG Senior Reporter; 2025.05.03

Cheonan City Boosts Green Mobility with Electric Motorcycle Subsidies, Incentivizing Scrappage of Polluting Vehicles: HONG MOON HWA Senior Reporter; 2025.05.03

Philippine April Inflation Expected to Slightly Increase, Impacted by Electricity and Public Transportation Fare Hikes: Hwang Sujin Reporter; 2025.05.03

South Korea's Parliament Approves 13.8 Trillion Won Supplementary Budget Amid Political Wrangling: Desk; 2025.05.01

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

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