Global Economic Times

2026.04.28 (Tue)
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Bosch to Cut up to 10,000 Jobs in Germany: Stuttgart, Germany – German automotive supplier Bosch is set to reduce its workforce in Germany by up to 10,000 jobs, accord ...; Pedro Espinola Special Correspondent 2024.12.12

Finland Delivers Significant Humanitarian Aid to Ukraine: Helsinki, Finland – The Finnish Ministry of the Interior announced on Wednesday that the country has delivered 68 truckloads ...; Ana Fernanda Reporter 2024.12.12

Finland to Receive Additional EU Funding for Border Security: Helsinki, Finland – Finland will receive an additional €50 million from the European Commission to bolster its border s ...; Pedro Espinola Special Correspondent 2024.12.12

Cheonan City Brings Joy to Multicultural Families with Free Weddings: Cheonan City is helping multicultural families settle into the community by providing free wedding ceremonies through its "Happy W ...; HONG MOON HWA Senior Reporter 2024.12.12

Retail Commission Rates Rise in South Korea, Squeezing Suppliers: SEOUL – Commission rates charged by major retailers in South Korea, including TV home shopping channels, department stores, ...; ONLINE TEAM 2024.12.12

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

GM Pulls the Plug on Cruise Robotaxi Investment, Leaving Waymo and Tesla in Pole Position: Detroit – General Motors (GM) has announced a major shift in its autonomous vehicle strategy, halting further investment in ...; Hannah Yeh Reporter 2024.12.12

Korean Air Completes Asiana Airlines Acquisition, Creating Global Aviation Giant: Seoul — Korean Air has officially acquired Asiana Airlines, culminating a four-year merger process and reshaping the South K ...; Hwang Sujin Reporter 2024.12.12

NACUFOK Launches "Moamoa Account" Offering High Interest and Flexible Transactions: Seoul – The National Credit Union Federation of Korea (NACUFOK) has unveiled a new financial product aimed at capturing the ...; Desk 2024.12.12

Non-Banking Lenders See Surge in Household Loans Amid Overall Slowdown: Seoul – While household lending across South Korea’s financial sector has continued its upward trajectory for the eigh ...; KO YONG-CHUL Reporter 2024.12.12

Won-Dollar Exchange Rate Soars Amid Political Uncertainty, Raising Concerns Over Foreign Exchange Reserves: Seoul – The South Korean won has weakened significantly against the U.S. dollar following the declaration of martial law on ...; KO YONG-CHUL Reporter 2024.12.12

KISA Highlights Generative AI as Key Cybersecurity Challenge for 2024: Seoul – The Korea Internet & Security Agency (KISA) has identified generative AI as a primary cybersecurity concern for ...; LEE YEON SIL Reporter 2024.12.12

Daejeon: A City Shaped by Railways: The soulful melody of "Daejeon Blues" evokes a nostalgic image of departing trains and farewells on a dimly lit platform. Lyrics l ...; HONG MOON HWA Senior Reporter 2024.12.12

South Korea Opens New Expressway, Boosting Regional Connectivity: South Korea's Ministry of Land, Infrastructure and Transport (MOLIT) has announced the grand opening of the Pyeongtaek-Buyeo secti ...; HONG MOON HWA Senior Reporter 2024.12.12

Daejeon Begins Construction on Long-Awaited Subway Line 2 Tram: Daejeon, South Korea – After nearly three decades of planning, Daejeon has finally broken ground on its much-anticipated Sub ...; HONG MOON HWA Senior Reporter 2024.12.12

BMW’s Debrecen Plant: Construction on Track, Series Production Imminent: Debrecen, Hungary – BMW’s new plant in Debrecen, Hungary, is progressing according to plan, with series production sch ...; Graciela Maria Reporter 2024.12.11

Puerto Rico's Insurance Industry Faces Uncertain Future Amidst Regulatory Changes: San Juan, Puerto Rico – Puerto Rico's insurance industry, which has seen a surge in interest following a series of global ca ...; Graciela Maria Reporter 2024.12.11

Puerto Rico Tourism Sees Record Spending in 2023-2024: San Juan, Puerto Rico – Visitors to Puerto Rico spent over $2 billion during the 2023-2024 fiscal year, according to the lat ...; Eugenio Rodolfo Sanabria Reporter 2024.12.11

Avon Products to Make a Comeback in Puerto Rico: San Juan, Puerto Rico – Avon products are set to make a triumphant return to the Puerto Rican market, announced Luis Garrat& ...; Graciela Maria Reporter 2024.12.11