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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HD Hyundai to Unveil Next-Generation Construction Equipment at 2025 Seoul Mobility Show: SEOUL – HD Hyundai, a leading construction equipment manufacturer, announced its participation in the 2025 Seoul Mobility Sh ...; Desk 2025.02.04

Starbucks Japan's Location-Based Pricing: A Sign of Things to Come?: Starbucks Coffee Japan, Ltd. recently announced a move that could signal a shift in how businesses approach pricing strategies: lo ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Strengthening Japan's Investment Security: A Necessary Step: Japan is taking proactive measures to safeguard its national security by expanding scrutiny of foreign investments. As reported by ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Tether Announces USDt Integration with Bitcoin's Lightning Network: El Salvador – Tether, the company that recently announced it is moving all of its operations to El Salvador, has announced t ...; Ana Fernanda Reporter 2025.02.02

Tanzanian Honey Exports Surge, Reaching International Markets: DODOMA – Tanzanian honey producers have seen a significant boost in exports, selling 337.3 tonnes of honey to international ...; Hee Chan Kim Reporter 2025.02.02

Lotte On to Welcome Luxury Brands in a Major Expansion of its E-commerce Platform: SEOUL – Lotte On, the e-commerce platform of Lotte Shopping, is set to significantly expand its luxury offerings next month ...; Hwang Sujin Reporter 2025.01.31

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