Global Economic Times

2026.04.21 (Tue)
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Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market

Inzent, a leading South Korean data platform and financial IT specialist, announced on Tuesday that it has signed a strategic Memorandum of Understanding (MOU) with Solace, a Canadian-based global lea
Woori Bank Tightens Reins on Dormant Corporate Accounts to Combat Financial Fraud

SEOUL – Woori Bank, one of South Korea’s leading commercial lenders, has announced a sweeping crackdown on financial fraud by imposing strict withdrawal limits on accounts held by suspende

K-Defense Takes on Latin American Market: Pan-Government Delegation Dispatched

The pan-government and public-private defense cooperation delegation, led by the Ministry of Foreign Affairs and the Defense Acquisition Program Administration (DAPA), announced that they visited Chil

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E-commerce Companies Dive into Luxury Goods Market Amidst Slowing Growth: SEOUL – In a bid to expand their customer base and boost sales, South Korean e-commerce giants are increasingly venturing in ...; Hwang Sujin Reporter 2025.01.31

Korea Boosts Investment Incentives for Local Businesses: To stimulate corporate investment in local areas, the ceiling for local investment subsidies will be raised from the current 100 b ...; KO YONG-CHUL Reporter 2025.01.31

Starbucks Surpasses Japan in Store Count for the First Time: South Korea has overtaken Japan in the number of Starbucks stores for the first time, according to Starbucks' global website. As o ...; Hwang Sujin Reporter 2025.01.31

Vietnam's Export Sector Poised for Continued Growth in 2025: HANOI - Vietnam's export sector is expected to remain a key driver of economic growth in 2025, building on a record-breaking perfo ...; Graciela Maria Reporter 2025.01.30

El Salvador Expands Labor Migration Program, Announces New Destination: San Salvador – El Salvador’s government has announced plans to expand its successful Labor Migration Program, which of ...; Graciela Maria Reporter 2025.01.30

Samsung's Dominance Wanes Amid Chip Crisis: Seoul, South Korea – Samsung Group, South Korea’s largest conglomerate, has retained its top spot in the nation's corp ...; ONLINE TEAM 2025.01.30

X to Launch Financial Services, Including Digital Payments, This Year: San Francisco, CA – Elon Musk's social media platform, X (formerly Twitter), is set to launch a suite of financial services ...; Sharon Yoon Correspondent 2025.01.30

K-Beauty's Next Frontier: Edible Cosmetics: Seoul, South Korea – The beauty industry is witnessing a surge in popularity for "inner beauty" products, or edible cosmetic ...; Min Gyu Mi Reporter 2025.01.30

South Korea's Big Three Retailers Shift Focus to Grocery, Sparking Fierce Competition: Seoul, South Korea – In a bid to revitalize their businesses amid a prolonged slump, South Korea's top three retailers are i ...; Hwang Sujin Reporter 2025.01.30

NERDY Unveils New Tracksuit Line for Spring/Summer 2025: Seoul, South Korea – APR, a global beauty-tech company, has announced that its street fashion brand, NERDY, will be launchin ...; Hwang Sujin Reporter 2025.01.30

South Korean Government to Clarify Delivery Driver Duties: Seoul, South Korea – The South Korean government has announced plans to redefine the scope of work for delivery drivers, aim ...; KO YONG-CHUL Reporter 2025.01.30

South Korea's Shipbuilding Giants Set to Soar on Global Boom: Seoul, South Korea – South Korea's major shipbuilding companies are experiencing a resurgence, with industry giants HD Hyund ...; KO YONG-CHUL Reporter 2025.01.30

SK Hynix Soars on AI Boom, Analysts Upbeat: Seoul, Korea – SK Hynix, a leading global semiconductor company, is riding a wave of optimism as analysts raise their target ...; Desk 2025.01.30

Activist Funds Target Korean Companies with Low Dividend Payout Ratios: South Korean securities firms have identified several companies that could become targets of activist investors in the upcoming an ...; Hwang Sujin Reporter 2025.01.29

Shinhan Bank Launches New Website Featuring Beloved Character Lineup, "Shinhan Friends": Seoul, South Korea – Shinhan Bank announced today the launch of a dedicated website for its popular character lineup, "Shinh ...; Hwang Sujin Reporter 2025.01.29

Australia's inflation cools, boosting hopes for interest rate cuts: SYDNEY - Australia's consumer price index (CPI) rose 0.2% in the December quarter, below market expectations, data from the Austra ...; Eugenio Rodolfo Sanabria Reporter 2025.01.29

Tokyo Stock Market Rebounds on US Fed Decision Eve: Tokyo, Japan – Japan’s Tokyo Stock Exchange rebounded on Thursday, marking a four-day winning streak as investors took ...; ONLINE TEAM 2025.01.29

South Korea Sees Surge in Youth Unemployment as Mismatch Between Jobs and Skills Worsens: Seoul, South Korea – A growing number of South Korean youth are choosing to remain unemployed despite being capable of worki ...; Desk 2025.01.29

South Korea's Consumer Goods Exports to China Face Steep Decline: Seoul, South Korea – South Korea's dominance in the Chinese consumer goods market is waning, as the nation grapples with a s ...; KO YONG-CHUL Reporter 2025.01.28