Global Economic Times

2026.03.22 (Sun)
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Saudi Arabia Warns of $180 Oil as Iran Conflict Threatens Global Energy Security

RIYADH — Saudi energy officials have issued a stark warning that international crude prices could surge past $180 per barrel if the ongoing conflict in Iran and subsequent supply disruptions ext
South Korea Unveils $47 Million "AX One-Stop" Initiative to Accelerate Industrial AI Transformation

SEOUL — In a bold move to cement its position as a global AI powerhouse, the South Korean Ministry of Science and ICT (MSIT) announced today a massive investment of 625.46 billion KRW (approxima

Finance Chief Koo Vows All-Out Measures to Stabilize Markets Amid Rising Global Volatility

SEOUL — South Korea’s top economic policymaker declared on Thursday that the government is prepared to mobilize all available policy tools, including a supplementary budget and massive mar

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South Korea's Foreign Reserves Top $422 Billion, Maintain 10th Global Ranking: SEOUL – South Korea's foreign exchange reserves have climbed back above the $420 billion mark, rising for the fourth consecu ...; Kim Sungmoon Reporter 2025.10.10

Commodities Soar: Gold Nears $4,000 as ETFs Heat Up: The commodity market is experiencing a significant boom, driving up the value of related Exchange-Traded Funds (ETFs) and signalin ...; Global Economic Times Reporter 2025.10.10

Vietnam, 'Asia's Powerhouse' Amidst Global Uncertainty, Records High 8.23% GDP Growth in Q3: Hanoi - Despite global trade conflicts and the spread of protectionism, the Vietnamese economy showed a clear recovery, recording ...; Hwang Sujin Reporter 2025.10.09

World Bank Forecast: Will Brazil's Economy Drive Latin American Growth in 2025?: Rio de Janeiro, Brazil - The World Bank, an international financial institution, projects that the Brazilian economy will grow by ...; Global Economic Times Reporter 2025.10.08

TARIFF 'BOOMERANG' HITS U.S. CONSUMERS: IMPORT PRICES SURGE: WASHINGTON D.C. – The ripple effects of the Trump administration’s sweeping tariff hikes are now demonstrably impactin ...; KO YONG-CHUL Reporter 2025.10.06

Public Opinion in U.S. Bucks Protectionist Trend, Strongly Backs South Korea Alliance and Trade: A recent comprehensive public opinion survey reveals a significant disconnect between the American populace and the protectionist ...; Eugenio Rodolfo Sanabria Reporter 2025.10.04

Hanfu Sold as 'Hanbok' on Korean Shopping Sites Sparks Cultural Outrage: SEOUL, South Korea—A fresh cultural dispute is escalating in South Korea as the traditional Chinese garment, 'Hanfu,' is bei ...; Kim Sungmoon Reporter 2025.10.02

KOSPI Soars Past 3,500, Hitting New All-Time High on Tech Rally: SEOUL — South Korea’s benchmark KOSPI index shattered records today, surpassing the 3,500 mark for the first time in h ...; Desk 2025.10.02

Amazon Launches 'Amazon Grocery,' a Value-for-Money Food Brand Under $5: The world's largest e-commerce company, Amazon, has officially launched a new private-label grocery brand, 'Amazon Grocery,' targe ...; Ana Fernanda Reporter 2025.10.02

KIA EV5: The Electric Family SUV That's Worth a Look: SEOUL — Kia's latest electric offering, the EV5 C-segment SUV, is making a strong play for the family car market, promising ...; Hwang Sujin Reporter 2025.10.01

Seoul's KRW 4.76 Million Wage Towers Over Jeju's KRW 3.27 Million as Job Polarization Deepens: SEOUL—A recent government report has laid bare the widening regional wage polarization in South Korea, demonstrating a drama ...; Hwang Sujin Reporter 2025.10.01

SoftBank and ARK Invest Target $20B Stake in Tether: TOKYO/NEW YORK - Japanese investment powerhouse SoftBank, helmed by Masayoshi Son, and Cathie Wood's ARK Investment Management are ...; Graciela Maria Reporter 2025.09.30

New York Stocks Rebound on Expected Inflation Data; Tesla Jumps 4%: NEW YORK— New York’s major indices snapped a four-day losing streak, posting a significant rebound today as key inflat ...; Hannah Yeh Reporter 2025.09.29

Korean Small-Caps Suffer in Market Rally as Polarization Deepens: SEOUL—The South Korean stock market is undergoing a pronounced bifurcation, a dramatic tale of two markets. While large-cap ...; Desk 2025.09.29

KOSPI Sensitive to Global Headwinds Ahead of Holiday Break: SEOUL — South Korea's benchmark KOSPI index is expected to face a volatile week, likely remaining highly sensitive to negati ...; Desk 2025.09.28

Gold Price Jumps 40% This Year, Sending Gold Mining Stocks Soaring by Triple Digits: The price of gold has surged by more than 40% this year, and major gold mining companies have seen their stock prices rise by trip ...; Ana Fernanda Reporter 2025.09.25

Stablecoin Giant Tether Seeks $25B, Pushing Valuation to AI Titans' Level: Tether, the company behind the world’s largest stablecoin, USDT, is reportedly seeking a valuation on par with tech giants l ...; KO YONG-CHUL Reporter 2025.09.25

'7% Cut' in MOPC's 2026 Budget, a 'Red Light' for Infrastructure Investment: The Ministry of Public Works and Communications (MOPC) of Paraguay has announced its 2026 budget, and infrastructure investment is ...; Graciela Maria Reporter 2025.09.23

News of Lower Oil Prices: Paraguay's Gasoline Prices Drop in a Row: ASUNCIÓN — Fuel prices in Paraguay are falling one after another, buoyed by a recent decline in international oil pri ...; Global Economic Times Reporter 2025.09.23

Government Launches Senior Welfare Expansion... Begins Payment of 'Adult Senior Program' Pension: The government has initiated its senior welfare expansion policy, starting the payment of the 'Programa Adultos Mayores' (Adult Se ...; Hwang Sujin Reporter 2025.09.23

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