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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Paraguay Grapples with Persistent U.S. Dollar Surge: Asunción, Paraguay – Paraguay is facing a persistent surge in the U.S. dollar, posing economic challenges despite the ...; Global Economic Times Reporter 2025.03.20

South Korea's Total National Debt Exceeds 6,200 Trillion Won, Government Debt Shows Sharpest Increase: Seoul, South Korea – South Korea's total national debt has exceeded 6,200 trillion won, with government debt showing the mos ...; Yim Kwangsoo Correspondent 2025.03.20

Argentina's IMF Deal in Limbo, Market Uncertainty Mounts: Buenos Aires, Argentina – Just two weeks after declaring a finalized agreement with the International Monetary Fund (IMF), A ...; ONLINE TEAM 2025.03.19

Brazil Abolishes Import Tariffs on 11 Essential Food Items to Combat Inflation: Brasília, Brazil – In a strategic move to tackle rising living costs and curb inflation, the Brazilian government has ...; KO YONG-CHUL Reporter 2025.03.19

Global Inflation Drives Up Domestic Prices in South Korea, Study Finds: A recent analysis by the Korea Institute for International Economic Policy (KIEP) reveals that a 1% rise in global prices leads to ...; ONLINE TEAM 2025.03.18

Singapore's February Exports Rebound, Shrugging Off Lunar New Year Effects; Gold Demand Surges: Singapore – Singapore's core exports rebounded in February, shaking off the contraction seen during the Lunar New Year perio ...; Ana Fernanda Reporter 2025.03.18

Paraguay Seeks Diversification to Move Away from Agricultural Dependence: The Paraguayan economy is highly dependent on agricultural production. According to Waldo Gonzalez, an economic expert at Basa Cap ...; Eugenio Rodolfo Sanabria Reporter 2025.03.18

Paraguay's Economy: Warnings of an Unstable Future... Exposing Risks to Investors: In a recent report submitted to investors ahead of a bond issuance on the New York Stock Exchange, Paraguay's Ministry of Economy ...; Desk 2025.03.18

Paraguay: Sharp Rise in Prices of Essential Goods, Increasing Burden on Consumers: In Paraguayan local markets, the prices of essential goods such as tomatoes, eggs, and cheese have risen sharply in just one week, ...; Ana Fernanda Reporter 2025.03.18

Saudi Arabia's Credit Rating Upgraded, But Payment Concerns Persist: Dubai – Standard and Poor's (S&P) has upgraded Saudi Arabia's credit rating, citing the Kingdom's progress in diversifyi ...; Eugenio Rodolfo Sanabria Reporter 2025.03.18

UK Economy Unexpectedly Contracts in January, Raising Concerns Ahead of Spring Statement: LONDON – The UK economy experienced an unexpected 0.1% month-on-month contraction in January, according to official figures ...; Eugenio Rodolfo Sanabria Reporter 2025.03.17

South Korean Food Industry Hikes Prices Amidst Political Uncertainty: As South Korea anticipates the presidential impeachment ruling of Yoon Suk-yeol as early as next week, the nation’s food ind ...; Desk 2025.03.15

Gold Prices Hit Record High Amid Trump's 'Tariff War': International gold prices have surged to an all-time high, driven by the escalating 'tariff war' led by US President Donald Trump. ...; Desk 2025.03.15

Malaysia Prepares for Potential US Recession, Focuses on Domestic Economic Resilience: KUALA LUMPUR – As fears of a potential recession in the United States loom, Malaysia is intensifying efforts to bolster its ...; Desk 2025.03.14

Drones to Deliver Essentials to Island Residents in Boryeong, South Chungcheong Province: Boryeong, South Chungcheong Province – Residents of remote islands in Boryeong City, South Chungcheong Province, will soon b ...; Global Economic Times Reporter 2025.03.12

Honduras' Public Debt Exceeds $10.2 Billion in January: Tegucigalpa – Honduras' public external debt reached $10.2192 billion in January 2025, representing 25.3% of the country's G ...; Global Economic Times Reporter 2025.03.11

Paraguay's Path to Financial Inclusion: Digitalization Drives Progress, Education Remains Key: Asunción, Paraguay – Paraguay is making notable strides in expanding financial inclusion, driven by the increasing di ...; Eugenio Rodolfo Sanabria Reporter 2025.03.11

Czech Republic to Boost Defense Spending to 3% of GDP by 2030: Prague, Czech Republic – In a decisive move to bolster national security amid rising global instability, the Czech governmen ...; Desk 2025.03.10

Croatia Secures €3 Billion in Domestic Bond Issuance Amidst Robust Investor Demand: Zagreb, Croatia – Croatia's Ministry of Finance has successfully placed two domestic bond issues, totaling €3 billion ( ...; Desk 2025.03.10

Inje County Seeks Innovative Resident Ideas for Hometown Donation Fund: Inje County, South Korea, is taking a proactive approach to utilizing its Hometown Love Donation Fund by inviting residents to pro ...; Desk 2025.03.10