Global Economic Times

2026.01.20 (Tue)
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“$3.20 for Coffee, 15 Cents for the Cup”: New Pricing Policy Leaves Café Owners Exhausted

(C) Live and Let's Fly SEOUL — “A Cafe Latte is 4,300 won, and there is a separate 200 won charge for the cup.” Small business owners running cafes are expressing deep frustr
Trump Escalates Atlantic Tensions with ‘Greenland Tariffs’ Targeting European Allies

(C) Axios [NUKK, Greenland] – The geopolitical standoff over Greenland has spiraled into a full-blown trade war as U.S. President Donald Trump announced a series of punitive tariffs against e

SK Chairman Choi Tae-won Calls for Radical Policy Shift to Reignite Korea's "Fading Growth Engine"

(C) China Daily SEOUL – Choi Tae-won, Chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, has issued a stark warning regarding the structural slowdown of the South Korea

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South Korea Eases Rules to Attract Foreign Investment in Government Bonds: Seoul, South Korea – The South Korean government has unveiled a comprehensive plan to simplify the process for foreign inves ...; KO YONG-CHUL Reporter 2025.01.03

South Korea Unveils Stimulus Package to Boost Economy: Seoul, South Korea – The South Korean government has announced a comprehensive stimulus package aimed at revitalizing the do ...; Desk 2025.01.03

Ministry of Trade, Industry and Energy and Ministry of National Defense Sign MOU to Collaborate on 3D Printing for Defense: Seoul, South Korea – The Ministry of Trade, Industry and Energy (MOTIE) announced today that it has signed a Memorandum of U ...; KO YONG-CHUL Reporter 2025.01.02

Fair Trade Commission Tightens Penalties for False Advertising: Seoul, South Korea – The Fair Trade Commission (FTC) announced today that it will revise its detailed guidelines for imposin ...; Global Economic Times Reporter 2025.01.02

AI-Powered Stocks Soar in Nasdaq as AppLovin Leads the Charge: New York, NY – The Nasdaq Composite experienced a meteoric rise of 30% last year, primarily driven by the surge in artificia ...; Eugenio Rodolfo Sanabria Reporter 2025.01.02

SPC Group to Build Largest Overseas Bakery in Texas: Dallas, Texas – SPC Group, the parent company of Paris Baguette, announced today that it will construct its largest overseas ...; Global Economic Times Reporter 2025.01.02

South Korea's Big 5 Banks See Slowdown in Household Lending: Seoul, South Korea – South Korea's five largest commercial banks experienced a notable slowdown in household lending last mo ...; Global Economic Times Reporter 2025.01.02

South Korea's Growing List of Malicious Landlords: A recent tally has revealed that a staggering 1,177 individuals and corporations (including 1,128 individuals and 49 corporations) ...; Hwang Sujin Reporter 2025.01.02

Samsung SDS Crowned as South Korea's Largest Cloud Service Provider: Seoul, South Korea – Samsung SDS has been recognized as South Korea's premier cloud service provider, according to the lates ...; Global Economic Times Reporter 2025.01.02

Lotte Chairman Calls for Radical Overhaul Amidst Economic Uncertainty: Seoul, South Korea – Lotte Group Chairman Shin Dong-bin has urged a radical overhaul of the conglomerate, emphasizing the ne ...; Desk 2025.01.02

Jeju Air Faces Massive Refund Wave Following Deadly Crash: Seoul, South Korea – February 2, 2025 – Jeju Air, South Korea's largest low-cost carrier, is facing a significant fina ...; Desk 2025.01.02

Iran and Russia Deepen Ties Amid Growing Trade and Economic Cooperation: Tehran, Iran - Iran and Russia are steadily deepening their economic and political ties, with both nations emphasizing the importa ...; Graciela Maria Reporter 2025.01.01

SM Entertainment's Earnings Take a Hit as Key Subsidiary's Classification Changes: SEOUL, South Korea – SM Entertainment, one of South Korea’s leading entertainment agencies, has reported a significant ...; Hwang Sujin Reporter 2025.01.01

AI-Powered Insurtech Firm IGINET Eyes IPO, Targets Valuation of 127.6 Billion Won: Seoul, South Korea – IGINET, a pioneering AI-powered insurtech platform, is gearing up for its Initial Public Offering (IPO) ...; Global Economic Times Reporter 2025.01.01

Hancom Accelerates AI Transformation, Aims to Revolutionize Document Creation: Seoul, South Korea – Hancom, a leading South Korean software company, is rapidly evolving into an AI-centric organization. T ...; Desk 2025.01.01

Multiple Crises Plunge South Korea's Gangwon Province into Economic Turmoil: Gangwon, South Korea – A confluence of crises has sent South Korea's Gangwon Province into economic turmoil, leaving small b ...; ONLINE TEAM 2025.01.01

Ulsan's Manufacturing Soars, While Consumption Lags: Ulsan, South Korea – Ulsan’s manufacturing sector continued its upward trajectory in November, marking eight consecuti ...; Global Economic Times Reporter 2024.12.31

South Korea Expands Convenience Facilities in Port Hinterland Complexes: SEOUL, South Korea – The Ministry of Oceans and Fisheries has announced a significant overhaul of regulations governing port ...; Desk 2024.12.31