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Consumer Protection Ruling: TMON and WeMakePrice Must Refund Victims of Prepaid Cash and Vouchers
A significant consumer dispute resolution ruling has been issued, demanding that TMON and WeMakePrice take responsibility for cons ...
Hwang Sujin Reporter 2025.05.31

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Busan to Host "Ocean Industry Renaissance" Next Month, Featuring Marine Startups
BUSAN, South Korea – The Korea Ocean Industry Association announced today that it will host the 9th annual "Ocean Industry R ...
Kim Sungmoon Reporter 2025.05.31

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Busan Bank Leads Regional Banks in Social Contribution, Spending ₩59.9 Billion in 2023
Busan Bank has solidified its position as a leader in social contribution among regional banks in South Korea, having spent ₩59.9 ...
Hwang Sujin Reporter 2025.05.31

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Hyundai E&C Withdraws from Gadeokdo New Airport Land Reclamation Project, Citing Unrealistic Deadline
SEOUL, South Korea – Hyundai Engineering & Construction (Hyundai E&C) announced on May 30 that it will not participa ...
Hwang Sujin Reporter 2025.05.31

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Northern Gyeonggi's Gyooe Line Begins Facility Upgrade Design, Set for Completion by End of Next Year
SEOUL, South Korea – The National Rail Authority (Korea National Railway, KNR) Seoul Metropolitan Regional Headquarters anno ...
KO YONG-CHUL Reporter 2025.05.31

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South Korean LPG Suppliers Announce Price Cuts for June Amid Favorable Market Conditions
SEOUL, South Korea – South Korea's leading liquefied petroleum gas (LPG) suppliers, SK Gas and E1, have announced a reductio ...
Hee Chan Kim Reporter 2025.05.31

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South Korea's Central Government Debt Reaches KRW 1,141.2 Trillion in 2024 Amidst Improving Fiscal Transparency
South Korea's central government debt climbed to KRW 1,141.2 trillion (approximately $826 billion USD) in 2024, marking an increas ...
Hwang Sujin Reporter 2025.05.31

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Bitcoin Extends Correction, Dips Below $105,000 Mark for First Time in 11 Days
Bitcoin, the world's leading cryptocurrency, is experiencing a prolonged correction after recently nearing a significant price pea ...
Graciela Maria Reporter 2025.05.31

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Foreign Investors Make a Welcome Return to South Korean Equities After 10 Months
SEOUL – Foreign investors have returned to the South Korean stock market, snapping a nine-month selling streak in May with a ...
Global Economic Times Reporter 2025.05.31

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India's Economy Surges to 8.2% Growth in FY2023-24, But Global Headwinds Loom for Future Fiscal Years
India's economy registered a robust performance in the fiscal year 2023-24 (April 2023-March 2024), with its Gross Domestic Produc ...
Eugenio Rodolfo Sanabria Reporter 2025.05.31

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US Signals Demand for Major Defense Spending Hikes from Allies, Warns Against "Security-America, Economy-China" Balancing Act
SINGAPORE – US Defense Secretary Pete Hegseth's address at the Shangri-La Dialogue in Singapore appears to outline the incom ...
Ana Fernanda Reporter 2025.05.31

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Volkswagen: From Automaker to Sausage King?
Wolfsburg, Germany – Volkswagen, the German automotive giant, is making headlines not just for its cars, but for its burgeon ...
Desk 2025.05.31

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Haribo Sweets Recalled in the Netherlands Over Cannabis Contamination
Amsterdam, Netherlands – A significant recall has been initiated in the Netherlands for a specific batch of Haribo gummies a ...
Yim Kwangsoo Correspondent 2025.05.31

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2025 Overseas Koreans Literature Award Kicks Off: Opening New Horizons for Korean Literature
The Overseas Koreans Agency is hosting the 27th Literature Award for Koreans worldwide, offering a total prize money of 29.5 milli ...
KO YONG-CHUL Reporter 2025.05.31

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Argentina's Economic Outlook for 2025: Navigating Growth Amidst Challenges
As 2025 progresses, Argentina is poised for significant economic growth, with various international organizations and local analys ...
Greace Nunez Correspondent 2025.05.31

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US GDP Shrinks in Q1 as Trump Tariffs Take Their Toll
The world's largest economy contracted at an annualized quarterly rate of 0.2% in the first quarter of 2025, a tenth of a percenta ...
Greace Nunez Correspondent 2025.05.31

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U.S. Supreme Court Greenlights Deportation for Half-Million Migrants, Sparking Widespread Condemnation
WASHINGTON D.C. – In a move poised to trigger mass deportations, the U.S. Supreme Court on Friday delivered a significant vi ...
KO YONG-CHUL Reporter 2025.05.31

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Trump Doubles Down on Tariffs, Vows 50% Levy on Steel and Aluminum Imports
Pittsburgh, Pennsylvania – In a significant escalation of his protectionist trade agenda, President Donald Trump today annou ...
Global Economic Times Reporter 2025.05.31

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Hyundai Delivers First IONIQ 9 to U.S. Customers, Kicking Off Marketing Push
FOUNTAIN VALLEY, CA – Hyundai Motor America today announced the momentous first delivery of its highly anticipated large ele ...
Eunsil Ju Reporter 2025.05.31

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US Most Favored Nation Drug Pricing Policy Could Significantly Impact Korean Biopharmaceutical Companies
The U.S. government's push to implement a "Most Favored Nation (MFN)" policy for drug pricing is poised to have a substantial impa ...
Pedro Espinola Special Correspondent 2025.05.31
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