Global Economic Times

2026.04.21 (Tue)
All articles

LOGIN
JOIN

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

South Korea Enters the Era of '100 AI Medical Devices Annually': Advancing into High-Complexity Clinical Fields

SEOUL – South Korea’s medical artificial intelligence (AI) sector has reached a significant turning point, with more than 100 new AI-based medical devices being approved annually. Once lim

Business

Search: 1,607

Three Years On: Russia's War in Ukraine and Japan's Shifting Trade Landscape: Three years have passed since Russia launched its invasion of Ukraine, triggering a wave of economic sanctions, primarily led by t ...; Graciela Maria Reporter 2025.02.25

Buffett's Berkshire Hathaway to Increase Stakes in Japanese Trading Houses: TOKYO – Shares in Japan's five major trading houses surged in early trading on Tuesday after Warren Buffett revealed his con ...; Graciela Maria Reporter 2025.02.25

Nikkei Slumps to One-Month Low Amidst Stronger Yen and Wall Street Woes: TOKYO – Japan's Nikkei share average tumbled by over 1% in early trading on Tuesday, reaching its lowest point in over a mon ...; Global Economic Times Reporter 2025.02.25

Overseas Recalled Products Increasing in Domestic Distribution: The number of cases of products recalled overseas due to safety issues being distributed and sold in Korea is increasing every yea ...; KO YONG-CHUL Reporter 2025.02.25

K-Beauty Brands Rush into India Amidst Korean Wave: With the Korean Wave sweeping across India, the country with a population of 1.4 billion, K-beauty brands are rapidly expanding th ...; Desk 2025.02.25

Korean Air to Pay Record-Breaking Performance-Based Bonuses to Employees: Korean Air, which recorded its highest-ever sales last year, will pay its employees performance-based bonuses equivalent to 500% o ...; KO YONG-CHUL Reporter 2025.02.25

Seoul Dairy Successfully Invalidates a2 Milk Company's Patent on A2 Protein: Seoul Dairy Cooperative announced on the 25th that it has successfully invalidated The a2 Milk Company's patent in South Korea rel ...; Hwang Sujin Reporter 2025.02.25

Samsung Electronics Launches New Budget Smartphones in India to Increase Global Market Share: Samsung Electronics is releasing a series of new budget smartphones in India, a market with a population of 1.4 billion. The compa ...; KO YONG-CHUL Reporter 2025.02.25

Korean Stock Market Shows Resilience Despite Weakness in New York Stock Market: The KOSPI is showing a resilient performance despite the downturn in the New York stock market. In the early trading session on th ...; ONLINE TEAM 2025.02.25

ShopPay, service de règlement des ventes pour les petites entreprises: ShopPay a annoncé le lancement de son nouveau service de règlement des ventes pour les commerçants, qui perme ...; Desk 2025.02.25

Korean Companies Eyeing Return to Russian Market Amidst Potential Peace Talks: Korean companies are cautiously considering a potential return to the Russian market as peace talks between Russia and Ukraine gai ...; KO YONG-CHUL Reporter 2025.02.25

South Korea's Public Procurement System Faces Price Manipulation Challenges: Seoul – South Korea's Public Procurement Service (PPS) is facing challenges in ensuring fair pricing on its Nara Marketplace ...; Desk 2025.02.25

Lotte Wellfood Launches 'ComfortEatsEnouF', a Nutritional & Meal Replacement Snack Brand: Lotte Wellfood has announced the launch of its new snack brand, 'ComfortEatsEnouF', which focuses on providing convenient and nutr ...; Hwang Sujin Reporter 2025.02.24

SSG.com Accelerates Grocery Delivery Expansion and Differentiation: SSG.com is aggressively expanding its grocery delivery services, enhancing its competitiveness in the increasingly crowded online ...; Desk 2025.02.24

Trump's Tariff Policies Cast Shadow Over US Financial Markets: Concerns are growing that President Trump's tariff policies are beginning to weigh on US financial markets. A growing number of co ...; Graciela Maria Reporter 2025.02.24

Korean Government to Streamline Customs Administration for Better FTA Utilization: The Korean government is pushing forward with a new customs administration strategy to boost the utilization of Free Trade Agreeme ...; KO YONG-CHUL Reporter 2025.02.24

SK Hynix to Finalize Acquisition of Intel's NAND Business in March: SK Hynix (000660) will complete its acquisition of Intel's NAND business next month, taking full control of the operations. After ...; KO YONG-CHUL Reporter 2025.02.23

Paraguay Seeks New Bond Issuance in Dollars and Guarani, Capitalizing on Credit Rating Upgrade: New York, London – The Paraguayan government has embarked on a series of investor meetings in New York and London to explore ...; Pedro Espinola Special Correspondent 2025.02.22

McDonald's Taiwan Reportedly Using Paraguayan Beef for Burgers: Taipei, Taiwan – In a surprising announcement, Carlos Fleitas, the Paraguayan Ambassador to Taiwan, revealed that McDonald's ...; Eugenio Rodolfo Sanabria Reporter 2025.02.22

South Korea Sees Continued Dip in Fuel Prices, But a Reversal May Be on the Horizon: SEOUL – For the second consecutive week, South Korea has enjoyed a decline in domestic fuel prices, with both gasoline and d ...; Desk 2025.02.22