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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Banks Ease Mortgage Restrictions, But Borrowers Face Limitations

Global Economic Times Reporter / 2025.01.08
Savings Banks and Capital Companies Face Tough Year Amidst PF Defaults

Desk / 2025.01.08
Small Businesses in South Korea Face Growing Challenges Amid Economic Uncertainty

ONLINE TEAM / 2025.01.08
Busan Launches 'Good Payment' Campaign to Revitalize Local Economy

Hwang Sujin Reporter / 2025.01.07
Soaring Vegetable Prices Ahead of Lunar New Year in South Korea

Hwang Sujin Reporter / 2025.01.05
South Korea’s National Pension Service Faces Backlash Over Foreign Exchange Hedging

HONG MOON HWA Senior Reporter / 2025.01.05
South Korea Faces Economic Storm, Government Warns

Global Economic Times Reporter / 2025.01.03
South Koreans Face Growing Anxiety Over Retirement Security

Global Economic Times Reporter / 2025.01.02
Construction Industry Drives Economic Growth in Korea

Global Economic Times Reporter / 2025.01.02
Central Bank of Libya Launches Financial Literacy Campaign to Boost "One Pay" Usage

Pedro Espinola Special Correspondent / 2025.01.01
Soaring Exchange Rates Exacerbate South Korea's Energy Crisis

Desk / 2025.01.01
Jeonbuk Province Faces Double-Digit Export Decline Amid Global Economic Slowdown

Desk / 2025.01.01
South Korea Extends Debt Relief Measures for Vulnerable Groups

Hwang Sujin Reporter / 2025.01.01
Gangnam District, Seoul, Unveils 2025 Budget Focused on Sustainable Growth

Global Economic Times Reporter / 2024.12.31
South Korea's Inflation Reaches a Four-Year Low, But Food Prices Soar

KO YONG-CHUL Reporter / 2024.12.31
Seoul Studio Apartment Rents and Deposits Dip Slightly in November

Global Economic Times Reporter / 2024.12.30
South Korea's Big Five Banks Slash Deposit Rates Amid Central Bank Easing

Desk / 2024.12.30
Soaring Dollar Deals Blow to South Korea's SMEs

Hwang Sujin Reporter / 2024.12.30
South Korean Won Slides to 15-Year Low as Political Uncertainty Deepens

Hwang Sujin Reporter / 2024.12.30
Soaring Fuel Prices in South Korea Despite Stable International Oil Prices

Global Economic Times Reporter / 2024.12.29