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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South Korea's Banking Sector Faces Growing Strain Amidst Rising Non-Performing Loans: Seoul, South Korea – South Korea's four largest financial groups have seen a significant surge in non-performing loans (NPLs ...; Desk 2024.11.16

Salmonella and E. coli Outbreaks Prompt Surge in Food Recalls: A recent spike in Salmonella and E. coli outbreaks across the United States has led to a surge in food recalls, with heightened co ...; Global Economic Times Reporter 2024.11.12

Starbucks Korea Introduces Digital Planner for the First Time in 22 Years: Seoul, South Korea – Starbucks Korea has announced the launch of a digital planner, marking a significant departure from its ...; Desk 2024.11.11

Daewoo Engineering & Construction Secures Major Fertilizer Plant Project in Turkmenistan: Seoul, South Korea - Daewoo Engineering & Construction (Daewoo E&C) announced today that its Chairman, Jung Won-ju, visite ...; Global Economic Times Reporter 2024.11.11

US economy growing despite voter angst: The US economy grew solidly in the three months to September, expanding at an annual rate of 2.8%. Despite there being a slight s ...; Global Economic Times Reporter 2024.11.09

Hyundai Engineering & Construction Secures Massive Bulgarian Nuclear Power Plant Project: Hyundai Engineering & Construction (Hyundai E&C) has won a bid to construct a new nuclear power plant in Bulgaria, marking ...; ONLINE TEAM 2024.11.06

Nexon to Expand Global Market with Strengthened IP Franchises: Nexon, celebrating its 30th anniversary this year, has announced plans to expand its global market presence by strengthening its i ...; Desk 2024.11.02

Microsoft Reports Strong Q3 Earnings, Fueled by AI Growth: Microsoft has reported better-than-expected third-quarter earnings, driven by strong growth in its cloud computing business. The c ...; Pedro Espinola Special Correspondent 2024.11.02

Sungsimdang makes ‘Daejeon bread’ with wheat grown directly… Planning a wheat field festival: Daejeon's famous Sungsimdang has launched a new business linking local agriculture and tourism. On the 1st, Sungsimdang signed a & ...; Hwang Sujin Reporter 2024.11.02

Korea & Company completes acquisition of Hanon Systems... Hyeonbeom Cho, 10-year plan comes to fruition: Korea & Company Group successfully completed the acquisition of Hanon Systems, expanding its influence in the global auto part ...; Global Economic Times Reporter 2024.11.01

A Twosome Place targets the holiday season by launching a new product, ‘Schoosaeng’: A Twosome Place has begun full-fledged year-end marketing by launching a number of new products for the 2024 holiday season. In pa ...; Hwang Sujin Reporter 2024.11.01

Just like the first taste without any smell... Kimchi, was this possible?: As classical music played quietly in the Gangnam Gallery Lounge, the familiar yet unfamiliar scent of kimchi passed my nose. It wa ...; Pedro Espinola Special Correspondent 2024.11.01

Unmanned ramen shop in Danyang, North Chungcheong Province, provides jobs for underprivileged people: A special unmanned ramen store has opened in Danyang, North Chungcheong Province, to help the underprivileged achieve economic ind ...; Hwang Sujin Reporter 2024.11.01

Korean Air celebrates 30th anniversary of service to San Francisco... Passenger events ‘plentiful’, including airline ticket giveaways: Korean Air celebrated its 30th anniversary of serving San Francisco, USA. On the 29th (local time), Korean Air held a ‘com ...; Global Economic Times Reporter 2024.10.31

Doosan Yonkang Foundation presents the 2024 Doosan Yonkang Pediatrics Academic Award: On the 24th, the Doosan Yonkang Foundation (Chairman Yonghyun Park) held an awards ceremony for the '2024 Doosan Yonkang Pediatric ...; Global Economic Times Reporter 2024.10.31

Internet Bank’s first real estate mortgage loan for self-employed people… Up to KRW 1 billion at 3% per annum: [GLOBAL ECONOMIC TIMES] K Bank (CEO Woohyung Choi) received the grand prize in the service category (Korea Economic Daily Preside ...; ONLINE TEAM 2024.10.24

“Opportunity for Korean cosmetics brands to enter the Vietnamese market”... ‘Beauty Summit 2024’ held: [GLOBAL ECONOMIC TIMES] ‘BEAUTY SUMMIT 2024’, co-hosted by Hoang Tu Holdings and the Vietnam Chamber of Commerce and ...; ONLINE TEAM 2024.10.24

Earned 15 billion won over 4 years by selling names of Seoul subway stations... Gangnam Station is the best: It was revealed that the Seoul Transportation Corporation earned 14.97 billion won in profits over four years through the 'Paid St ...; Global Economic Times 2024.10.17

Jeollanam-do e-mobility industry past, present and future at a glance: In Jeollanam-do, the Yeonggwang e-Mobility Expo, where you can see the past, present, and future of the e-mobility industry at a g ...; Global Economic Times 2024.10.17

Abuse of overseas direct purchases worth 60.8 billion won detected... “Intensive crackdown on illegal activities for 5 weeks”: [Global Economic Times] The Korea Customs Service announced on the 21st that from this year until last month, it had detected 60.8 ...; Global Economic Times 2024.10.17