Global Economic Times

2026.04.21 (Tue)
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Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market

Inzent, a leading South Korean data platform and financial IT specialist, announced on Tuesday that it has signed a strategic Memorandum of Understanding (MOU) with Solace, a Canadian-based global lea
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

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Finland's Dark Side: Organized Crime's Grip on Business: Helsinki, Finland - Organized crime has infiltrated Finland's business landscape, with nearly 2,000 companies tied to criminal gro ...; Graciela Maria Reporter 2024.12.13

Benromach Unveils 50-Year-Old Single Malt Whisky in Korea: A. Young FBC, a leading comprehensive beverage company, has unveiled the monumental Benromach 50 Years Old, a single malt Scotch w ...; LEE YEON SIL Reporter 2024.12.13

Disney Adventure Cruise Sees Overwhelming Bookings as Asia Debut Nears: Disney Cruise Line's highly anticipated Asia cruise, the Disney Adventure, has experienced an unprecedented surge in bookings sinc ...; JEONG CHAN MYEONG Senior Reporter 2024.12.13

South Korea Unveils New Guidelines to Boost Green Lending: South Korea has introduced a new regulatory framework aimed at expanding green lending, aligning loans with the country's green ta ...; KO YONG-CHUL Reporter 2024.12.13

Merger of Korean OTT Platforms Tving and Wavve Hinges on Pricing Strategy, Survey Reveals: Seoul – A survey conducted by Consumer Insight indicates that the potential merger of Korean streaming giants Tving and Wavv ...; Global Economic Times Reporter 2024.12.12

Cyworld Announces Ambitious Relaunch Targeting All Generations: Seoul – Once a dominant force in South Korean social networking, Cyworld is gearing up for a comeback next year with a moder ...; Hwang Sujin Reporter 2024.12.12

US-Saudi Business Forum Highlights Opportunities for Growth: Riyadh, Saudi Arabia – The Saudi-US Business Forum, held on December 8th, underscored the growing economic ties between the ...; JEONG CHAN MYEONG Senior Reporter 2024.12.11

Saudi Arabia Launches New Hotel Management Company, Adeera: Riyadh, Saudi Arabia – The Public Investment Fund (PIF) has announced the launch of Adeera, a new hotel management company a ...; Yim Kwangsoo Correspondent 2024.12.11

Finland Grapples with Organized Crime's Grip on Business: Helsinki, Finland – A recent report by the Finnish Tax Administration has revealed a concerning trend: organized crime has d ...; Global Economic Times Reporter 2024.12.11

Finland's Trade Deficit Widens in October 2024: HELSINKI – Finland’s trade balance deteriorated in October 2024, posting a deficit of €330 million, according to ...; Pedro Espinola Special Correspondent 2024.12.09

Fed Poised for December Rate Cut, Hints at Pause in 2023: Washington, D.C. – Federal Reserve officials are leaning towards a rate cut this month after November's jobs report indicate ...; Ana Fernanda Reporter 2024.12.08

Goldman Sachs Quits Net-Zero Banking Alliance: NEW YORK – Goldman Sachs has announced its withdrawal from the Net-Zero Banking Alliance (NZBA), a coalition aimed at aligni ...; Yim Kwangsoo Correspondent 2024.12.08

West Seattle Link Extension Displaces Businesses, Sparks Compensation Debate: Seattle, WA – The highly anticipated West Seattle Link Extension project, a 4.1-mile route with four new stations unveiled b ...; Hannah Yeh Reporter 2024.12.07

Amazon Pulls Out of Seattle Office, Impacting Local Businesses: Seattle, WA – Amazon's recent decision to vacate its office space at Met Park North in South Lake Union has left local busin ...; Hannah Yeh Reporter 2024.12.07

South Korea's Job Market Sees Slowest Growth in Years: Seoul, South Korea – South Korea's job market experienced its slowest growth in 2023 since data collection began in 2016, ac ...; Desk 2024.12.07

One-Stop Export and Order Support Task Force Addresses Challenges in South Korea's Defense Industry: Seoul, South Korea – The One-Stop Export and Order Support Task Force has stepped in to alleviate the challenges faced by So ...; Hwang Sujin Reporter 2024.12.07

Kenyan Private Sector Sees Uptick in November: Stanbic Bank PMI: Nairobi, Kenya – The Kenyan private sector experienced a notable improvement in business conditions during November 2024, as ...; Eugenio Rodolfo Sanabria Reporter 2024.12.07

Taco Bell Unveils First-Ever ‘Live Más’ Café in Southern California: Chula Vista, CA – Taco Bell is set to revolutionize the fast-food dining experience with the grand opening of its first-ever ...; Ana Fernanda Reporter 2024.12.07

Chipotle Raises Prices to Offset Costs and Maintain Portion Sizes: DENVER, CO – Chipotle Mexican Grill is implementing a 2% price increase across its U.S. locations. The move, effective immed ...; Ana Fernanda Reporter 2024.12.07

Foreign Businesses Flee Korea Amid State of Emergency: Seoul, South Korea – Foreign businesses and individuals are canceling their business trips and events in Korea due to the im ...; ONLINE TEAM 2024.12.06