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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South Korean LPG Suppliers Announce Price Cuts for June Amid Favorable Market Conditions: SEOUL, South Korea – South Korea's leading liquefied petroleum gas (LPG) suppliers, SK Gas and E1, have announced a reductio ...; Hee Chan Kim Reporter 2025.05.31

South Korea's Central Government Debt Reaches KRW 1,141.2 Trillion in 2024 Amidst Improving Fiscal Transparency: South Korea's central government debt climbed to KRW 1,141.2 trillion (approximately $826 billion USD) in 2024, marking an increas ...; Hwang Sujin Reporter 2025.05.31

Bitcoin Extends Correction, Dips Below $105,000 Mark for First Time in 11 Days: Bitcoin, the world's leading cryptocurrency, is experiencing a prolonged correction after recently nearing a significant price pea ...; Graciela Maria Reporter 2025.05.31

Foreign Investors Make a Welcome Return to South Korean Equities After 10 Months: SEOUL – Foreign investors have returned to the South Korean stock market, snapping a nine-month selling streak in May with a ...; Global Economic Times Reporter 2025.05.31

Paraguay Smoothly Proceeds with May Salary Payments for Civil Servants and Healthcare Workers: ASUNCION, Paraguay – The Paraguayan Ministry of Economy and Finance (MEF) announced that May public sector salary payments a ...; Desk 2025.05.28

TCA Tanoira Cassagne Successfully Advises on Bond Issuances for Argentine Banks Comafi and Supervielle: BUENOS AIRES, Argentina – TCA Tanoira Cassagne, a leading Argentine law firm, recently provided successful legal counsel for ...; ONLINE TEAM 2025.05.28

Bitcoin Soars to New Highs, But Retail Investors Remain on the Sidelines: SEOUL, South Korea – Bitcoin has been on a tear, surging over 50% since early April to surpass the $110,000 mark and hit new ...; Desk 2025.05.27

Paraguay: Inflation Outpaces Wage Growth Over Last Decade, Eroding Purchasing Power: ASUNCIÓN, Paraguay – Over the past decade, inflation in Paraguay has surged significantly, while wage increases have ...; Global Economic Times Reporter 2025.05.27

Asia-Pacific Markets End Mixed Amid Economic Data and US-China Communication News: Singapore – Asia-Pacific stock markets closed mixed on Friday, as investors reacted differently to the release of regional e ...; Pedro Espinola Special Correspondent 2025.05.24

Singapore April Inflation Edges Up, Downward Pressure Expected to Persist: Singapore – Singapore's key consumer price gauges in April slightly exceeded forecasts but remained at low levels, with auth ...; Eugenio Rodolfo Sanabria Reporter 2025.05.24

Easing Dollar Exchange Rate Pressure, What's the Impact on Investment Markets?: Paraguay’s securities firm, Cadiem, stated in a recently released report that as the appreciation pressure on the US dollar ...; Ana Fernanda Reporter 2025.05.23

New Jersey Gas Prices Hit Mid-Atlantic Low Ahead of Memorial Day Weekend: Good news has arrived for drivers planning long-distance trips ahead of the U.S. Memorial Day holiday. Especially those passing th ...; Ana Fernanda Reporter 2025.05.23

Argentina's Economic Activity Grows 5.6% in March; Falls Short of Expectations, Economic Recovery 'Struggles': Buenos Aires, Argentina – In March 2024, Argentina's economic activity grew by 5.6% compared to the same period last year. T ...; Ana Fernanda Reporter 2025.05.22

Trump Tariff Impact Takes Hold: South Korean Auto Exports to the US Plummet by 20%: The impact of the "Trump tariffs" has begun to significantly affect South Korean automotive exports to the United States, with fig ...; ONLINE TEAM 2025.05.20

Singapore's Economic Growth Outlook Clouded by US Tariffs Amidst US-China Tensions: Singapore – Singapore's economic growth prospects are facing increased uncertainty following the unexpected imposition of ta ...; Eugenio Rodolfo Sanabria Reporter 2025.05.19

Singapore REITs Poised for Brighter Outlook Amid Easing Inflation and Rate Stability: Dividend Growth Potential in Focus: Singapore – Singapore’s Real Estate Investment Trust (REIT) investors have navigated a challenging period over the pas ...; Desk 2025.05.19

Former Finance Minister Borda Criticizes Delay in Paraguay's Pension Fund Reform as a 'Mistake': Asunción, Paraguay – Former Finance Minister Dionisio Borda has sharply criticized the current Paraguayan government' ...; Global Economic Times Reporter 2025.05.19

Paraguay's Fiscal Deficit Reaches $248.8 Million by April 2025 Despite Monthly Surplus: Asunción, Paraguay – Paraguay's central government accumulated a fiscal deficit equivalent to 2.7% of its Gross Domes ...; Desk 2025.05.19

Paraguay Sees 24% Surge in Investment in Q1 2025 Driven by Incentive Policies, Positive Impact on Job Creation: Asunción, Paraguay – Paraguay's investment landscape has experienced a significant boost in the first four months of ...; Desk 2025.05.19

Moody's Downgrades US Credit Rating, Reigniting Fiscal Strain Concerns: Moody's Investors Service has lowered the United States' credit rating from its pristine AAA status to Aa1, exacerbating concerns ...; Desk 2025.05.18

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