Global Economic Times

2025.09.06 (Sat)
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Canadian Boycott Hits Jack Daniel’s Hard, Brown-Forman Sales Plummet 62%

LOUISVILLE, KY — Brown-Forman, the parent company of iconic American brands like Jack Daniel's Tennessee Whiskey and Woodford Reserve bourbon, is feeling the sting of Canada’s trade di
HawaiianMiles Program Enters ‘Deep Freeze’ as Alaska Airlines Merger Nears

HONOLULU—Hawaiian Airlines has confirmed that its long-standing loyalty program, HawaiianMiles, will undergo a five-day suspension before it is officially replaced by the new Atmos Rewards progr

SKT, Shinsegae, and Six Others Maintain 102 Consecutive Quarters of Profit Since 2000

A recent report by corporate data research firm CEO Score reveals that eight major South Korean companies—KT&G, SK Telecom, Hanssem, Korea Zinc, S-1, CJ ENM, Shinsegae, and Hyundai Mobis&mda

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Trade Minister Discusses 'Key Mineral Supply Chain Cooperation' with Latin American Ambassadors: Yeo Han-koo, Minister for Trade of the Ministry of Trade, Industry and Energy, met with ambassadors from Latin American countries ...; Hwang Sujin Reporter 2025.09.03

Delinquent Construction Loans at Top 5 Banks Double in Six Months: SEOUL – Delinquent loans in the construction sector have reportedly more than doubled at South Korea's five largest banks in ...; KO YONG-CHUL Reporter 2025.09.03

Developing Nations Shift Away from Dollar Debt Amid High U.S. Interest Rates: SEOUL - A growing number of developing nations are turning away from U.S. dollar-denominated debt and opting for loans in other cu ...; Pedro Espinola Special Correspondent 2025.09.02

Tesla's India Debut Stumbles, Raising Concerns About Global Growth: NEW DELHI—Tesla's highly anticipated entry into the Indian market appears to be off to a sluggish start, with the company re ...; Graciela Maria Reporter 2025.09.02

Foreign Investors Shift Strategy: Selling Samsung Electronics, Buying Kakao and Hyundai Motor: SEOUL – Foreign investors have shifted their strategy in the South Korean stock market, turning to a net-sell position on th ...; Graciela Maria Reporter 2025.09.01

EU Achieves Historic Trade Surplus with Russia Amid Sanctions: BRUSSELS — The European Union has recorded a trade surplus with Russia for the first time on record, a historic reversal of ...; Eugenio Rodolfo Sanabria Reporter 2025.09.01

South Korean Duty-Free Sales Plummet Despite Tourism Boom: Seoul, South Korea — South Korea's duty-free industry faces a major downturn as per-person spending by foreign tourists shar ...; KO YONG-CHUL Reporter 2025.09.01

NVIDIA's Strong Q2 Earnings Beat Market Expectations, Fueled by AI Growth: SAN FRANCISCO — AI powerhouse NVIDIA announced on August 27 that its second-quarter (May-July) revenue and earnings per shar ...; Global Economic Times Reporter 2025.08.28

Hyundai Motor Group Announces $5 Billion Surge in US Investment: SEOUL—Hyundai Motor Group has announced an additional $5 billion (approximately ₩7 trillion) investment in the United States ...; KO YONG-CHUL Reporter 2025.08.26

U.S. Government Acquires Controlling Stake in Intel, Signaling New Era of State-Corporate Alliance: WASHINGTON, D.C. — In a dramatic shift in economic policy, the United States government has taken a 10% ownership stake in I ...; Ana Fernanda Reporter 2025.08.23

New Low-Cost Air Route: Asunción-Rio de Janeiro Launched: ASUNCIÓN — The low-cost airline JetSMART has announced the launch of a new direct route connecting Asunción, t ...; Hwang Sujin Reporter 2025.08.22

Paraguayan Chamber of Commerce and Services Unveils New Economic Forecast Indicator: The Paraguayan Chamber of Commerce and Services (CNCSP) is introducing a new tool to gauge the future of the economy. Set to be re ...; Yim Kwangsoo Correspondent 2025.08.22

From Korean Farms to Dubai Tables: A Royal Endorsement Spurs New Culinary Chapter for Hanwoo Beef: Seoul—A new era of culinary diplomacy is underway as Korea’s esteemed Hoengseong Hanwoo beef prepares for its grand de ...; LEE YEON SIL Reporter 2025.08.21

"Salam Seoul Restaurant": A Restaurant Guide for Muslims traveling in Seoul: Among the problems Muslims face when traveling to non-Islamic countries in East Asia such as Korea, Japan, China, and Taiwan, the ...; LEE YEON SIL Reporter 2025.08.21

"DHL Express Boosts Indonesian Logistics with Strategic Bandung Relocation": BANDUNG, INDONESIA — In a significant move aimed at strengthening its logistics network in Southeast Asia’s largest ec ...; Graciela Maria Reporter 2025.08.21

Korea and Vietnam Forge Deeper Ties: A New Era of SME Collaboration: SEOUL — Amidst a landmark state visit by Vietnamese General Secretary To Lam, a powerful and forward-looking proposal was pu ...; KO YONG-CHUL Reporter 2025.08.20

K-Stationery's Global Leap: Tokyo Fair Unveils a New Chapter: TOKYO – In a powerful display of cultural and commercial diplomacy, K-stationery made a landmark showing at the 36th Interna ...; Desk 2025.08.20

Large-Scale Marts Under Fire for Deceptive Use of Government Vouchers: SEOUL—In a practice that has ignited outrage among small business owners, a growing number of large-scale food ingredient ma ...; Hwang Sujin Reporter 2025.08.20

"Busan Marine Industry Leaders Converge to Chart a Course for the 'AX' Revolution": BUSAN – In a landmark event marking a pivotal shift for the maritime sector, the Busan Marine Equipment Association (BMEA) c ...; KO YONG-CHUL Reporter 2025.08.20

Yanolja Wins Gold for 'Innovative Tech' at International Business Awards: Yanolja, a leading global travel tech company, announced on Monday that it has won the Gold Stevie® Award for "Most Innovative ...; Desk 2025.08.18

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