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  • US "Blue Wave&q...

    US "Blue Wave" Fades as KOSPI Recovers Past 5,200: Inflation Remains the Key Variable for Future Rallies

    Following a volatile period triggered by the U.S. midterm elections, South Korea's benchmark KOSPI has staged a dramatic rebound, soaring past the 5,200 threshold fueled by a powerful rally among

  • South Korean Doctors...

    South Korean Doctors' Average Annual Business Income Tops 400 Million Won in Latest Tax Data

    SEOUL — South Korea’s medical professionals, particularly physicians, have seen their average business earnings climb significantly, though the data also points to a widening gap between h

    The Generational Wea...

    The Generational Wealth Divide: Why Young South Koreans Are Resentful Over the Basic Pension System

    SEOUL — In an era defined by economic uncertainty and mounting living costs, a growing policy debate is intensifying across South Korea. At the heart of the friction is a stark contrast: young p

Distribution Economy

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Bank of Korea Holds Rates Amidst Political Turmoil and Economic Uncertainty
Seoul, South Korea – The Bank of Korea (BOK) has decided to keep its benchmark interest rate unchanged at 3.00%, citing conc ...
Global Economic Times Reporter 2025.01.16

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South Korea's Housing Market Faces Steep Decline Amidst Economic Uncertainty
Seoul, South Korea – South Korea's housing market is experiencing a significant downturn, according to a recent survey by th ...
Global Economic Times Reporter 2025.01.16

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KOSDAQ Firms Face Scrutiny Amid Disclosure Lapses
Seoul, South Korea – The Korea Exchange (KRX) has reported a sharp increase in non-compliant disclosures by companies listed ...
Global Economic Times Reporter 2025.01.14

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Daejeon City Launches Initiative to Revitalize Local Businesses
Daejeon, South Korea – In a bid to alleviate the severe challenges faced by local businesses, Daejeon city has announced a c ...
HONG MOON HWA Senior Reporter 2025.01.14

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Dried Laver Prices Soar Amidst Global Demand
Seoul, South Korea – The price of dried laver, a staple in Korean cuisine, has surged dramatically in the past year, putting ...
Global Economic Times Reporter 2025.01.13

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Culture Fit and Employer Branding Top HR Concerns in 2025
In a survey of 707 HR professionals conducted by Incruit, "culture fit" emerged as the top HR concern for 2025. This trend, which ...
Global Economic Times Reporter 2025.01.12

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South Korea's Corporate Giants Face Market Downturn
Seoul, South Korea – South Korea's largest conglomerates experienced a significant decline in their market capitalization la ...
Global Economic Times Reporter 2025.01.12

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South Korea Achieves $1 Trillion Milestone in Overseas Construction Orders
Seoul, South Korea – South Korea's Ministry of Land, Infrastructure and Transport announced on 9th that the country’s ...
Global Economic Times Reporter 2025.01.12

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Nepal's Inflation Rises, but Economic Indicators Remain Positive
Kathmandu, Nepal - Consumer price inflation in Nepal has risen to 6.05 percent in mid-December 2024, up from 4.95 percent a year a ...
Eugenio Rodolfo Sanabria Reporter 2025.01.11

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Gimhae’s Mega-Events Generate Over 1 Trillion Won in Economic Impact
Gimhae, South Korea – A recent study conducted by the Gimhae Research Institute has revealed that three major events held in ...
Global Economic Times Reporter 2025.01.11

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Winter Vegetable Shortages Hit Jeju Island
Jeju, South Korea – A severe shortage of winter vegetables is plaguing Jeju Island, largely due to last year’s extreme ...
Global Economic Times Reporter 2025.01.10

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Anyang City to Boost Local Economy with Additional Regional Currency
Anyang, South Korea – Anyang City has announced a plan to inject 500 billion won (approximately US$375 million) into its loc ...
KO YONG-CHUL Reporter 2025.01.10

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Government and Ruling Party Collaborate to Stabilize Prices and Boost Consumption for Lunar New Year
Seoul, South Korea – In preparation for the upcoming Lunar New Year holiday, the South Korean government and the ruling part ...
Hwang Sujin Reporter 2025.01.09

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Banks Ease Mortgage Restrictions, But Borrowers Face Limitations
Seoul, Korea – Despite recent moves by major banks to loosen mortgage lending restrictions, the actual impact on borrowers r ...
Global Economic Times Reporter 2025.01.08

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Savings Banks and Capital Companies Face Tough Year Amidst PF Defaults
Seoul, South Korea – South Korean savings banks and capital companies are expected to face another challenging year in 2025, ...
Desk 2025.01.08

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Small Businesses in South Korea Face Growing Challenges Amid Economic Uncertainty
Seoul, South Korea – A recent survey conducted by the Federation of SMEs (Federation of Small and Medium Enterprises) has re ...
ONLINE TEAM 2025.01.08

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Busan Launches 'Good Payment' Campaign to Revitalize Local Economy
Busan, South Korea – In a bid to stimulate its struggling local economy, Busan Metropolitan City has initiated a relay pre-p ...
Hwang Sujin Reporter 2025.01.07

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Soaring Vegetable Prices Ahead of Lunar New Year in South Korea
Seoul, South Korea – As South Korea prepares for the Lunar New Year, a traditional holiday marked by family gatherings and f ...
Hwang Sujin Reporter 2025.01.05

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South Korea’s National Pension Service Faces Backlash Over Foreign Exchange Hedging
Seoul, South Korea - Amid growing concerns over a continued surge in the won-dollar exchange rate, the National Pension Service (N ...
HONG MOON HWA Senior Reporter 2025.01.05

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South Korea Faces Economic Storm, Government Warns
Seoul, South Korea – South Korea is bracing for a significant economic slowdown this year, with the government forecasting a ...
Global Economic Times Reporter 2025.01.03
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US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
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World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
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Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
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Meeting Christmas Early!… Busan Dessert Sales Event "Daldal The Market" Held
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From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
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