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  • Seoul's 'Ins...

    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 As...

    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: Ov...

    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

Distribution Economy

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South Korea's Foreign Reserves Top $422 Billion, Maintain 10th Global Ranking
SEOUL – South Korea's foreign exchange reserves have climbed back above the $420 billion mark, rising for the fourth consecu ...
Kim Sungmoon Reporter 2025.10.10

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Commodities Soar: Gold Nears $4,000 as ETFs Heat Up
The commodity market is experiencing a significant boom, driving up the value of related Exchange-Traded Funds (ETFs) and signalin ...
Global Economic Times Reporter 2025.10.10

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Vietnam, 'Asia's Powerhouse' Amidst Global Uncertainty, Records High 8.23% GDP Growth in Q3
Hanoi - Despite global trade conflicts and the spread of protectionism, the Vietnamese economy showed a clear recovery, recording ...
Hwang Sujin Reporter 2025.10.09

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World Bank Forecast: Will Brazil's Economy Drive Latin American Growth in 2025?
Rio de Janeiro, Brazil - The World Bank, an international financial institution, projects that the Brazilian economy will grow by ...
Global Economic Times Reporter 2025.10.08

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TARIFF 'BOOMERANG' HITS U.S. CONSUMERS: IMPORT PRICES SURGE
WASHINGTON D.C. – The ripple effects of the Trump administration’s sweeping tariff hikes are now demonstrably impactin ...
KO YONG-CHUL Reporter 2025.10.06

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Public Opinion in U.S. Bucks Protectionist Trend, Strongly Backs South Korea Alliance and Trade
A recent comprehensive public opinion survey reveals a significant disconnect between the American populace and the protectionist ...
Eugenio Rodolfo Sanabria Reporter 2025.10.04

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Hanfu Sold as 'Hanbok' on Korean Shopping Sites Sparks Cultural Outrage
SEOUL, South Korea—A fresh cultural dispute is escalating in South Korea as the traditional Chinese garment, 'Hanfu,' is bei ...
Kim Sungmoon Reporter 2025.10.02

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KOSPI Soars Past 3,500, Hitting New All-Time High on Tech Rally
SEOUL — South Korea’s benchmark KOSPI index shattered records today, surpassing the 3,500 mark for the first time in h ...
Desk 2025.10.02

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Amazon Launches 'Amazon Grocery,' a Value-for-Money Food Brand Under $5
The world's largest e-commerce company, Amazon, has officially launched a new private-label grocery brand, 'Amazon Grocery,' targe ...
Ana Fernanda Reporter 2025.10.02

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KIA EV5: The Electric Family SUV That's Worth a Look
SEOUL — Kia's latest electric offering, the EV5 C-segment SUV, is making a strong play for the family car market, promising ...
Hwang Sujin Reporter 2025.10.01

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Seoul's KRW 4.76 Million Wage Towers Over Jeju's KRW 3.27 Million as Job Polarization Deepens
SEOUL—A recent government report has laid bare the widening regional wage polarization in South Korea, demonstrating a drama ...
Hwang Sujin Reporter 2025.10.01

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SoftBank and ARK Invest Target $20B Stake in Tether
TOKYO/NEW YORK - Japanese investment powerhouse SoftBank, helmed by Masayoshi Son, and Cathie Wood's ARK Investment Management are ...
Graciela Maria Reporter 2025.09.30

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New York Stocks Rebound on Expected Inflation Data; Tesla Jumps 4%
NEW YORK— New York’s major indices snapped a four-day losing streak, posting a significant rebound today as key inflat ...
Hannah Yeh Reporter 2025.09.29

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Korean Small-Caps Suffer in Market Rally as Polarization Deepens
SEOUL—The South Korean stock market is undergoing a pronounced bifurcation, a dramatic tale of two markets. While large-cap ...
Desk 2025.09.29

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KOSPI Sensitive to Global Headwinds Ahead of Holiday Break
SEOUL — South Korea's benchmark KOSPI index is expected to face a volatile week, likely remaining highly sensitive to negati ...
Desk 2025.09.28

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Gold Price Jumps 40% This Year, Sending Gold Mining Stocks Soaring by Triple Digits
The price of gold has surged by more than 40% this year, and major gold mining companies have seen their stock prices rise by trip ...
Ana Fernanda Reporter 2025.09.25

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Stablecoin Giant Tether Seeks $25B, Pushing Valuation to AI Titans' Level
Tether, the company behind the world’s largest stablecoin, USDT, is reportedly seeking a valuation on par with tech giants l ...
KO YONG-CHUL Reporter 2025.09.25

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'7% Cut' in MOPC's 2026 Budget, a 'Red Light' for Infrastructure Investment
The Ministry of Public Works and Communications (MOPC) of Paraguay has announced its 2026 budget, and infrastructure investment is ...
Graciela Maria Reporter 2025.09.23

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News of Lower Oil Prices: Paraguay's Gasoline Prices Drop in a Row
ASUNCIÓN — Fuel prices in Paraguay are falling one after another, buoyed by a recent decline in international oil pri ...
Global Economic Times Reporter 2025.09.23

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Government Launches Senior Welfare Expansion... Begins Payment of 'Adult Senior Program' Pension
The government has initiated its senior welfare expansion policy, starting the payment of the 'Programa Adultos Mayores' (Adult Se ...
Hwang Sujin Reporter 2025.09.23
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Hot Issue

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Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

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