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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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

Doosan Enerbility to Supply Key Components for TerraPower's First SMR Project: Seoul, South Korea – Doosan Enerbility, a leading South Korean engineering and construction company, has secured a contract ...; Desk 2024.12.19

German Insolvencies Surge, Warning of Record Highs in 2025: Berlin - German businesses are facing a mounting wave of insolvencies, with Creditreform reporting a nearly 25% increase this year ...; Graciela Maria Reporter 2024.12.18

Fortune-Telling Keychains: The Latest Trend Among South Korea's Youth: Seoul, South Korea – A unique trend has emerged among South Korea's younger generation, combining ancient divination practic ...; Desk 2024.12.18

Convenience Stores Join the Affordable Beauty Race: Seoul, South Korea – Convenience stores are diving into the affordable beauty market, offering a new challenge to the domina ...; Hwang Sujin Reporter 2024.12.18

Broadcom Emerges as a Fierce Rival to Nvidia in the AI Chip Market: New York, NY – Broadcom, the US-based semiconductor giant, has emerged as a formidable competitor to Nvidia, the current mar ...; Hannah Yeh Reporter 2024.12.18

London's Stock Exchange Faces Exodus Amidst Worst Post-Crisis Period: London's stock market is experiencing its worst period since the global financial crisis. The number of companies delisting or mov ...; Graciela Maria Reporter 2024.12.17

Hyundai AutoEver Expands into Southeast Asia with High-Quality Mapping Joint Venture: SEOUL, South Korea – Hyundai AutoEver, a subsidiary of Hyundai Motor Group, announced today that it has formed a joint ventu ...; JEONG CHAN MYEONG Senior Reporter 2024.12.17

Department Stores Gear Up for Lunar New Year Gift Sets: Seoul, South Korea – Major department stores in South Korea are set to kick off pre-orders for Lunar New Year gift sets this ...; Desk 2024.12.17

Schroders Weighs Sale of Indonesian Business Amid Strategic Review: London/Jakarta, [Date] – Schroders, the UK-based global investment manager, is considering the sale of its Indonesian busine ...; JEONG CHAN MYEONG Senior Reporter 2024.12.16

Daejeon Seo-gu Offers Public Sector Job Shadowing Program for Youth: Daejeon, South Korea – Daejeon Seo-gu district has announced a new job shadowing program designed to provide young adults wi ...; HONG MOON HWA Senior Reporter 2024.12.16