Global Economic Times

2025.09.14 (Sun)
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Lotte Group to Sell Lotte Rental to Affinity Equity Partners in $1.2 Billion Deal: Seoul, South Korea – Lotte Group announced on February 28th that it will sign a definitive agreement to sell its rental busi ...; Desk 2025.03.01

Rising Popularity of Tea in South Korea: A Growing Market: South Koreans, known for their love of coffee, are increasingly embracing the charm of tea. Once considered the preserve of the mi ...; Hwang Sujin 2025.03.01

Korea's Coffee Love: From Asia to the World, Shadows Behind Rapid Growth: South Korea's love affair with coffee is undeniable. Data from the Korea Customs Service reveals a steady increase in coffee impor ...; Eunsil Ju 2025.03.01

Stricter Portable Battery Rules Take Flight in South Korea Amid Safety Concerns: SEOUL, South Korea – In a move aimed at bolstering passenger safety, South Korea has implemented stricter regulations regard ...; KO YONG-CHUL 2025.03.01

Decline in Overseas Korean Police Attachés Amidst Rising Crime Against Nationals: The number of Korean police attachés stationed overseas is decreasing, despite the increasing number of crimes involving Ko ...; Sharon Yoon 2025.03.01

Far-Right Rally Against President Yoon's Impeachment Escalates into Misogyny and Violence: In South Korea, a far-right rally opposing the impeachment of President Yoon Suk-yeol has escalated into misogyny and violence, sp ...; KO YONG-CHUL 2025.03.01

Oldest Known Holocaust Survivor, Rose Girone, Dies at 113: Rose Girone, believed to be the oldest living Holocaust survivor, passed away at the age of 113 on February 24th at a nursing home ...; Hannah Yeh 2025.03.01

Massive Avalanche Buries Dozens of Workers in Himalayas: Chamoli, Uttarakhand, India - A massive avalanche triggered by heavy snowfall has buried dozens of workers in the Himalayan region ...; Eugenio Rodolfo Sanabria 2025.03.01

Thailand to Impose Tourism Fee on Foreign Visitors Starting Second Half of 2025: Thailand has announced plans to impose a tourism fee of 300 baht (approximately 13,000 Korean won) per person on foreign tourists ...; Min Gyu Mi 2025.03.01

Appendicitis: Symptoms, Causes, and Treatment: Sudden, severe abdominal pain often raises concerns about appendicitis, commonly known as a ruptured appendix. Left untreated, it ...; Desk 2025.03.01

China's Delivery Revolution: Meituan Leads the Charge in 24/7 "Bullet Delivery": BEIJING – "Kuaidi (Delivery)!" Just past 11 PM, a microwave ordered via the Meituan app 30 minutes earlier was delivered. A ...; Yim Kwangsoo 2025.03.01

Jeonbuk Emerges as Surprise Candidate for 2036 Olympics, Defeating Seoul in Landslide Victory: SEOUL - In a stunning upset, Jeonbuk Province has been selected as the domestic candidate to host the 2036 Summer Olympics, overco ...; KO YONG-CHUL 2025.03.01

Pharmaceutical Companies Reconsidering Sales at Daiso Amid Controversy Over Low-Cost Health Supplements: Seoul, South Korea – Il-Yang Pharmaceutical has decided to withdraw its health supplement products from Daiso just five days ...; Hwang Sujin 2025.03.01

FILA's 'Echappe V2' Sells Out: A New Legend of Han So-hee's Sneakers: FILA's 'Echappe' sneakers, which gained immense popularity last year as 'Han So-hee's sneakers,' have once again achieved a sell-o ...; Sharon Yoon 2025.03.01

Suprema Unveils Revolutionary AI-Powered Smart School Security Solution: SEOUL, South Korea – Suprema, a global leader in integrated security solutions, today announced the launch of its groundbrea ...; Yim Kwangsoo 2025.03.01

Yuhan-Kimberly Unveils Eco-Conscious 'Pure Baby' Bottle, Setting New Standards for Sustainable Baby Care: SEOUL, South Korea – Yuhan-Kimberly, a leading consumer goods company, has launched its groundbreaking 'Pure Baby' bottle un ...; Hwang Sujin 2025.03.01

U.S. Inflation Shows Signs of Easing, PCE Index Slows After Four-Month Rise: WASHINGTON D.C. – The U.S. Bureau of Economic Analysis reported on the 28th that the Personal Consumption Expenditures (PCE) ...; Hannah Yeh 2025.03.01

Denmark Takes Drastic Measures: Mobile Phones Banned in Schools, Under-13s Restricted from Smart Devices: COPENHAGEN – In a move aimed at reclaiming classrooms as sanctuaries for learning, the Danish government has enacted a sweep ...; Eugenio Rodolfo Sanabria 2025.03.01

Homeplus's Credit Rating Takes a Dive as Financial Woes Deepen: Seoul, South Korea – Homeplus, a major South Korean retailer, has seen its credit rating downgraded by both Korea Ratings an ...; KO YONG-CHUL 2025.03.01

OpenAI Unveils GPT-4.5: A Leap in General AI: San Francisco, CA – OpenAI has officially launched GPT-4.5, a new iteration of its groundbreaking language model, which the ...; Eunsil Ju 2025.03.01