Global Economic Times

2026.04.21 (Tue)
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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

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Subscription Services Surge in Popularity in South Korea's Food and Beverage Industry: SEOUL – Subscription services are rapidly gaining traction in South Korea's food and beverage industry, with companies offer ...; KO YONG-CHUL Reporter 2025.02.20

11Street Aims for EBITDA Profitability in 2025: SEOUL – 11Street, a South Korean e-commerce platform, has announced its ambitious goal to achieve earnings before interest, ...; Desk 2025.02.20

DDP to Transform into a Leading Cultural Hub by 2027: Seoul, South Korea – The Dongdaemun Design Plaza (DDP), celebrating its 11th anniversary, has unveiled its ambitious "New Pe ...; Hwang Sujin Reporter 2025.02.20

Secret Lockdown Dream Turned Booming Reality: Óbidos' Prohibition Bar Takes Center Stage on UK Television: Óbidos, Portugal – What began as a whimsical idea among friends during the isolating days of the Coronavirus lockdown ...; Graciela Maria Reporter 2025.02.19

Kronos Real Estate Group Appoints First Female Partner in Portugal, Alda Filipe FOR IMMEDIATE RELEASE: Kronos Real Estate Group, a leading player in the Iberian real estate market, has announced the appointment of Alda Filipe to its ...; Graciela Maria Reporter 2025.02.19

Streamlining International Moves: Algarve Removals Offers Seamless Transitions Between the UK, Portugal, Spain, and Dubai: Relocating to a new country can be an exciting adventure, but the logistics involved can quickly become overwhelming. Algarve Remo ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Mombasa Study Links Business Licensing Compliance to Infrastructure and Service Delivery: Mombasa, Kenya – A recent two-week study conducted by The Coast Civil Society Network for Human Rights (CCSNH) has revealed ...; Desk 2025.02.19

Libyan NOC Disputes OPEC's 2024 Oil Production Figures, Citing Inaccurate Data: The National Oil Corporation (NOC) of Libya has publicly challenged the oil production data for 2024 recently released by the Orga ...; Pedro Espinola Special Correspondent 2025.02.19

S&P Report: US Steel Tariffs to Hit South Korean Steelmakers Hard: Seoul – S&P Global Ratings has issued a report warning that the imposition of broad steel tariffs by the United States w ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Intel's Stock Price Soars on Potential Acquisition Deals: Intel's stock price surged by 9% on February 18th, 2025, driven by speculation of potential acquisition deals with major semicondu ...; Eunsil Ju Reporter 2025.02.19

Goldman Sachs Raises Year-End Gold Price Target to $3,100, Citing Strong Central Bank Demand and Policy Uncertainty: Goldman Sachs has revised its year-end gold price forecast to $3,100 per ounce, up from its previous estimate of $3,000. The inves ...; Sharon Yoon Correspondent 2025.02.19

EU Denies Lowering Car Tariffs Amidst Trade Tensions with the US: Brussels, Belgium – The European Union (EU) has refuted claims made by US President Donald Trump that it has already lowered ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Vietnam's Shrimp Exports Surge in Early 2025, Despite Global Market Volatility: HANOI – Vietnam's shrimp export sector has demonstrated robust growth in the first month of 2025, reinforcing its vital role ...; Yim Kwangsoo Correspondent 2025.02.18

Vietnam Boosts Public Investment to Drive Socio-Economic Growth: Hanoi – Vietnam is prioritizing public investment as a key driver of socio-economic development, with a substantial budget o ...; Desk 2025.02.18

Aswan International Painting Symposium Fosters Global Artistic Dialogue: Aswan, Egypt – The Aswan International Painting Symposium has commenced, showcasing the diverse talents of 26 world-renowned ...; Graciela Maria Reporter 2025.02.18

Emaar Invests $3 Billion in New Cairo Project, Calls for Expansion of Egypt's Hospitality Sector: Dubai, UAE – Emaar Properties, the UAE's largest real estate developer, is investing over $3 billion in a new 500-acre devel ...; Ana Fernanda Reporter 2025.02.18

Kia Unveils Striking Design of its First Electric Sedan, the EV4: Kia has revealed the exterior design of its highly anticipated EV4, the brand's first electric sedan. Following the successful lau ...; Global Economic Times Reporter 2025.02.18

Lexus to Launch LX 700h Flagship SUV in Korea: SEOUL – Lexus has announced that it will begin pre-orders for its highly anticipated LX 700h flagship SUV on February 17th, ...; Hwang Sujin Reporter 2025.02.18

Ford Unveils Two New Supercharged V8 Crate Engines: Ford has announced the release of two new supercharged V8 crate engines designed to meet the growing demand for high-performance e ...; Global Economic Times Reporter 2025.02.18

AutoInside Launches 'Home Service' for Used Car Delivery: SEOUL, South Korea – AutoHands, a leading mobility service provider, announced on February 18th the launch of its new "Home ...; KO YONG-CHUL Reporter 2025.02.18