Global Economic Times

2026.05.08 (Fri)
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South Korea’s KOSPI Surges to 7th in Global Market Cap, Overtaking Canada and UK

SEOUL — In a historic shift for global equity markets, the South Korean stock market has ascended to the rank of the world’s seventh-largest by market capitalization. This milestone comes
Gmarket’s Cinematic Ad Campaign Goes Viral, Sparking High Anticipation for ‘Big Smile Day’

SEOUL, South Korea – Gmarket, one of South Korea’s leading e-commerce platforms, is witnessing a massive pre-event surge in consumer interest. The company’s latest star-studded adver

Chinese Automakers Pivot to Global Markets as Domestic Demand Falters and Oil Prices Soar

As high international oil prices reshape global consumer behavior, Chinese automakers are aggressively accelerating their overseas expansion to offset a cooling domestic market. Major players includin

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Asia-Pacific Markets End Mixed Amid Economic Data and US-China Communication News: Singapore – Asia-Pacific stock markets closed mixed on Friday, as investors reacted differently to the release of regional e ...; Pedro Espinola Special Correspondent 2025.05.24

Singapore April Inflation Edges Up, Downward Pressure Expected to Persist: Singapore – Singapore's key consumer price gauges in April slightly exceeded forecasts but remained at low levels, with auth ...; Eugenio Rodolfo Sanabria Reporter 2025.05.24

Easing Dollar Exchange Rate Pressure, What's the Impact on Investment Markets?: Paraguay’s securities firm, Cadiem, stated in a recently released report that as the appreciation pressure on the US dollar ...; Ana Fernanda Reporter 2025.05.23

New Jersey Gas Prices Hit Mid-Atlantic Low Ahead of Memorial Day Weekend: Good news has arrived for drivers planning long-distance trips ahead of the U.S. Memorial Day holiday. Especially those passing th ...; Ana Fernanda Reporter 2025.05.23

Argentina's Economic Activity Grows 5.6% in March; Falls Short of Expectations, Economic Recovery 'Struggles': Buenos Aires, Argentina – In March 2024, Argentina's economic activity grew by 5.6% compared to the same period last year. T ...; Ana Fernanda Reporter 2025.05.22

Trump Tariff Impact Takes Hold: South Korean Auto Exports to the US Plummet by 20%: The impact of the "Trump tariffs" has begun to significantly affect South Korean automotive exports to the United States, with fig ...; ONLINE TEAM 2025.05.20

Singapore's Economic Growth Outlook Clouded by US Tariffs Amidst US-China Tensions: Singapore – Singapore's economic growth prospects are facing increased uncertainty following the unexpected imposition of ta ...; Eugenio Rodolfo Sanabria Reporter 2025.05.19

Singapore REITs Poised for Brighter Outlook Amid Easing Inflation and Rate Stability: Dividend Growth Potential in Focus: Singapore – Singapore’s Real Estate Investment Trust (REIT) investors have navigated a challenging period over the pas ...; Desk 2025.05.19

Former Finance Minister Borda Criticizes Delay in Paraguay's Pension Fund Reform as a 'Mistake': Asunción, Paraguay – Former Finance Minister Dionisio Borda has sharply criticized the current Paraguayan government' ...; Global Economic Times Reporter 2025.05.19

Paraguay's Fiscal Deficit Reaches $248.8 Million by April 2025 Despite Monthly Surplus: Asunción, Paraguay – Paraguay's central government accumulated a fiscal deficit equivalent to 2.7% of its Gross Domes ...; Desk 2025.05.19

Paraguay Sees 24% Surge in Investment in Q1 2025 Driven by Incentive Policies, Positive Impact on Job Creation: Asunción, Paraguay – Paraguay's investment landscape has experienced a significant boost in the first four months of ...; Desk 2025.05.19

Moody's Downgrades US Credit Rating, Reigniting Fiscal Strain Concerns: Moody's Investors Service has lowered the United States' credit rating from its pristine AAA status to Aa1, exacerbating concerns ...; Desk 2025.05.18

Paraguay Records $311.7 Million Trade Deficit Through April Amid Export Decline: Asunción, Paraguay - The Central Bank of Paraguay (BCP) has announced that Paraguay experienced a total trade volume of $10 ...; Graciela Maria Reporter 2025.05.15

Soaring Gas Prices Threaten Paraguay's Humble Eateries, Sparking Inflation Domino Effect Fears: Despite a recent price reduction of 270 guaraníes (approximately 4 US cents) in fuel by Paraguay's state-owned oil company ...; Yim Kwangsoo Correspondent 2025.05.13

Paraguay's Fuel Price Cut Sparks Warning from Distributors over Sustainability: Asunción, Paraguay - Paraguayan fuel distributors have voiced concerns that the government's recent announcement of a reduc ...; Eugenio Rodolfo Sanabria Reporter 2025.05.13

Singapore Sees Gold Investment Frenzy as Economic Uncertainty Fuels Safe-Haven Demand: Amidst a recent surge in international gold prices, Singapore has witnessed a remarkable increase in the sales of gold bars and co ...; KO YONG-CHUL Reporter 2025.05.13

Bank of Korea Calls for Oversight in Potential Won-Pegged Stablecoin Issuance Amid Global Developments: Seoul, South Korea – The Bank of Korea (BOK) is advocating for a proactive role in the authorization process should stableco ...; Ana Fernanda Reporter 2025.05.12

Alarm Bells Ring for South Korea's Economic Future as OECD Predicts Sub-2% Potential Growth: Seoul, South Korea – A chorus of warnings is sounding over the trajectory of the South Korean economy, with the Organization ...; Desk 2025.05.12

Nvidia's Market Value Plunges by $270 Billion in Two Days as US Tightens AI Chip Export Controls to China: New York – Shares of Nvidia (NVDA) have experienced a dramatic two-day sell-off, erasing a staggering $270 billion from its ...; Eugenio Rodolfo Sanabria Reporter 2025.05.12

Won-Dollar Exchange Rate Swings Below 1,400 Amid US-China Trade Optimism and Shifting Monetary Policies: Seoul, South Korea – The Korean won (KRW) experienced a volatile trading day on Tuesday, breaching the 1,400 mark against th ...; Desk 2025.05.12