Business - Global Economic Times

2026.10.20 (Tue)
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DWS Group Opens Jeonju Office, Accelerating Status as a ‘Global Financial Hub’

Jeonbuk State announced on the 19th that DWS Asset Management has officially opened its Jeonju office in the Jeonbuk Innovation City. The opening ceremony was attended by key figures, including J&oum
LG Group Kicks Off Group-Wide Business Strategy Meetings Today: Chairman Koo Kwang-mo to Review AI Future Strategies

LG [003550] is holding business strategy meetings across all of its affiliates starting on the 19th for about a month, intensively reviewing AI-centered future growth strategies and business plans for

Hyundai Motor and Kia Recruit for AI-Focused "Softeer Bootcamp"

Hyundai Motor and Kia announced on the 19th that they are accepting applications for the 9th cohort of their "Softeer Bootcamp," a software-focused recruitment-linked training program, thr

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Korean Air Expands In-Flight Wi-Fi Service: Seoul, South Korea – Korean Air has significantly expanded its in-flight Wi-Fi service, with one in four of its fleet now eq ...; Hwang Sujin Reporter 2024.12.23

Kakao Commits to Substantial Shareholder Returns: Kakao, a leading South Korean technology company, has announced a significant enhancement to its shareholder return policy. The co ...; JEONG CHAN MYEONG Senior Reporter 2024.12.22

South Korea Expedites SME Support Programs to Boost Economy: The South Korean government is racing to bolster its economy by fast-tracking the implementation of next year's budget and expandi ...; Desk 2024.12.22

Grau Avenue Merchants Given 10-Day Ultimatum to Improve Safety Measures: Lima, Peru – December 21, 2024 – The Superintendence of Labor Inspection (Sunafil) has issued a 10-day deadline for th ...; Pedro Espinola Special Correspondent 2024.12.22

Peru's Retail Sector to See 5% Increase in Holiday Sales: Lima, Peru – Peru's retail industry is poised for a strong holiday season, with projected sales of 14 billion soles, a 5% in ...; Ana Fernanda Reporter 2024.12.22

Australian Brewers Urge Government to Slash Beer Tax to Save Industry: Sydney, Australia - Leading Australian brewers are calling for a significant reduction in the country's controversial beer tax, wa ...; Graciela Maria Reporter 2024.12.21

Australian superannuation falls short for comfortable retirement: Australians are warned they may not have enough saved in their superannuation for a comfortable retirement despite mandatory emplo ...; Pedro Espinola Special Correspondent 2024.12.21

Saudi Arabia Cuts Interest Rate in Line with US Fed, Third Reduction This Year: Riyadh – Saudi Arabia's central bank, SAMA, has lowered its benchmark interest rate for the third time this year, mirroring ...; Graciela Maria Reporter 2024.12.21

Hyundai Unveils All-New Palisade with Enhanced Features and Performance: Seoul, South Korea – Hyundai Motor Company has announced the start of pre-orders for its flagship large SUV, the all-new Pal ...; Desk 2024.12.21

Samsung Secures $4.75 Billion US Chip Subsidy Amidst Political Transition: Austin, Texas – Samsung Electronics has received final approval for a $4.75 billion US government subsidy to expand its semi ...; ONLINE TEAM 2024.12.21

Seoul Maintains Top Spot in South Korea's Regional Income: Seoul, South Korea – Seoul has once again solidified its position as the wealthiest region in South Korea, according to the ...; Desk 2024.12.21

South Korea Eases Foreign Exchange Restrictions to Stabilize Market: Seoul, South Korea – The South Korean government has announced a series of measures to ease restrictions on foreign exchange ...; Desk 2024.12.21

General Government Deficit Widens in Q3 2024: Helsinki, Finland – Finland's general government deficit expanded by €1.7 billion year-on-year in the third quarter of ...; Ana Fernanda Reporter 2024.12.19

"Aurora Ping Frenzy: Parents Desperate as Toy Shortage Drives Prices Sky High": Seoul, South Korea – The holiday season has turned into a frantic hunt for parents across South Korea as the highly sought-a ...; Global Economic Times Reporter 2024.12.19

Korea Post Launches New High-Interest Savings Account with Exclusive Rewards: Seoul, South Korea – Korea Post, the nation's postal service, has introduced a new savings account, "Lucky BC Direct Savings ...; Hwang Sujin Reporter 2024.12.19

South Korean Investors Flee Domestic Market Amidst Political Turmoil and Economic Concerns: Seoul, South Korea – Individual investors in South Korea are rapidly withdrawing their funds from the domestic stock market, ...; ONLINE TEAM 2024.12.19

South Korea Faces Risk of Long-Term Economic Stagnation, Warns BOK: Seoul, South Korea – The Bank of Korea (BOK) has issued a stark warning about the potential for South Korea to enter a prolo ...; Hwang Sujin Reporter 2024.12.19

Chipflation Hits Low-Income Households Hardest in South Korea: Seoul, South Korea – A new study by the Bank of Korea (BOK) has revealed that South Korea, like many other countries, has be ...; JEONG CHAN MYEONG Senior Reporter 2024.12.19

Seoul’s Robot Revolution: Autonomous Delivery Bots Hit the Streets: Robotis, a leading robotics company based in Magok-dong, Gangseo-gu, Seoul, is revolutionizing local deliveries with its autonomou ...; Hwang Sujin Reporter 2024.12.19

South Korea to Ramp Up US LNG Imports Amid Trade Tensions: Seoul, South Korea – Korea Gas Corporation (KOGAS) announced plans on [Date] to significantly increase its imports of liquef ...; Hannah Yeh Reporter 2024.12.19