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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Gyeongnam Province to Support Local Businesses at the World Korean Business Convention 2025: Gyeongnam, South Korea – Gyeongnam Province is taking proactive steps to bolster its consumer goods export sector amidst gro ...; KO YONG-CHUL Reporter 2025.02.10

Samsung Biologics Rapidly Closing Gap with Global CDMO Leader Lonza: Samsung Biologics is making significant strides in the global CDMO market, rapidly catching up with industry leader Lonza. While S ...; Desk 2025.02.10

Shinhan Securities Sees 63% Surge in New IRP Accounts in 2024: Shinhan Securities announced on February 7th that it saw a significant increase in the number of new Individual Retirement Pension ...; Hwang Sujin Reporter 2025.02.08

Hana Securities Offers US Stock Purchase Coupons for New Foreign Currency Deposit Accounts: Hana Securities announced today that it will be running a collaborative event with Hana Bank until February 20th, offering US stoc ...; Desk 2025.02.08

Hantop Achieves Operating Profit Surplus for 3 Consecutive Years: Hantop announced on the 7th that it recorded 84.889 billion won in sales and 3.73 billion won in operating profit last year. Sales ...; Hwang Sujin Reporter 2025.02.08

Bbia, a Korean Indie Beauty Brand, Achieves Record-Breaking Sales in 2024: Seoul, South Korea – Bbia, a leading indie beauty brand in South Korea, has announced record-breaking sales for the year 202 ...; Hwang Sujin Reporter 2025.02.08

Woori Card's Net Profit Surges 32.4% to KRW 147 Billion in 2024: Seoul, South Korea – Woori Card announced on February 7th that its net profit for the year 2024 reached KRW 147 billion, a s ...; Min Gyu Mi Reporter 2025.02.08

South Korea's Top 4 Financial Groups Achieve Record Profits of Over ₩16 Trillion: SEOUL – South Korea's four major financial holding companies – KB, Shinhan, Hana, and Woori – have announced rec ...; Hwang Sujin Reporter 2025.02.08

South Korea Extends Fuel Tax Cut, Boosts Support for Food Prices Amidst Inflation Concerns: Seoul – South Korea has announced an extension of its temporary fuel tax cut for another two months, until the end of April. ...; Global Economic Times Reporter 2025.02.07

Fitch Maintains South Korea's Credit Rating at 'AA-' with Stable Outlook, but Downgrades Growth Forecast: Seoul – Fitch Ratings has reaffirmed South Korea's long-term foreign currency issuer default rating (IDR) at 'AA-' with a st ...; KO YONG-CHUL Reporter 2025.02.07

Samyang Foods Achieves Record-Breaking Sales and Operating Profit in 2024: Samyang Foods [003230] announced on February 5th that its consolidated sales for 2024 are provisionally estimated at 1.73 trillion ...; Min Gyu Mi Reporter 2025.02.06

S. Korea Takes Measures in Response to China's Export Control of 5 Key Raw Materials: The South Korean government has taken measures to address the potential impact of China's recent export control of five key raw ma ...; Hwang Sujin Reporter 2025.02.06

Gold Transactions Surge Amidst Escalating Trade War Fears: Seoul, South Korea – The recent surge in gold trading in South Korea has reached unprecedented levels, with daily transactio ...; Hwang Sujin Reporter 2025.02.06

Financial Authorities Strengthen Disaster Recovery Measures Following Kakao's "Service Interruption" Incident: In response to the "service interruption" incident that occurred with Kakao [035720] two years ago due to a fire at the SK C&C ...; KO YONG-CHUL Reporter 2025.02.06

U.S. Trade Deficit Hits Record High in 2024: The United States' trade deficit soared to a record high of $918.4 billion in 2024, as imports surged while exports struggled to k ...; Sharon Yoon Correspondent 2025.02.06

Uber's Q4 Revenue Beats Expectations, But Earnings Fall Short: SAN FRANCISCO – Uber Technologies Inc. released its fourth-quarter earnings on Tuesday, reporting revenue of $11.96 billion, ...; PETER KO 2025.02.06

Disney's Q1 2025 Earnings Exceed Expectations, But Streaming Subscriber Decline Impacts Stock: Los Angeles - The Walt Disney Company (DIS) reported its first-quarter fiscal year 2025 (October-December 2024) earnings on Tuesda ...; Sharon Yoon Correspondent 2025.02.06

Shinsegae Department Store to Hold '5-Mazing Card Festa': Shinsegae Department Store announced on the 6th that it will be holding the '5-Mazing Card Festa' from the 6th to the 16th in part ...; Min Gyu Mi Reporter 2025.02.06

Wall Street Rebounds on Trade War Optimism: NEW YORK, NY - U.S. stocks rallied on Tuesday, overcoming earlier losses triggered by Alphabet's lackluster earnings report. The D ...; Hannah Yeh Reporter 2025.02.06

South Korean Investors Flock to Overseas Stocks as Domestic Market Lags: SEOUL – South Korean investors are increasingly turning their attention to overseas stock markets, particularly in the Unite ...; KO YONG-CHUL Reporter 2025.02.06