Global Economic Times

2025.12.11 (Thu)
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Won-Dollar Exchange Rate Rises to 7-Month High: South Korean Authorities Scramble to Stabilize Currency as Overseas Investment Surges

(C) TradingPedia SEOUL, South Korea — The South Korean won (KRW) has been under severe pressure, with the won-dollar exchange rate soaring to levels not seen in seven months. Last week, the cur
Netflix Stock Plummets 10% on Credit Downgrade Fears Following Blockbuster Warner Bros. Acquisition

(C) Variety HOLLYWOOD — Netflix's ambitious plan to acquire Warner Bros. and its assets, including HBO Max, for a staggering enterprise value of approximately $82.7 billion ($72 billion in

Alibaba's AI Ascent: Stock Soars 70% as Tech Giant Pivots Beyond E-commerce

(C) Tip Ranks Alibaba Group Holding, globally known for its massive e-commerce platforms like AliExpress and Taobao, is rapidly accelerating its transformation into an Artificial Intelligence (AI) po

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Itaipu 'Slept' Through Real Depreciation, Resulting in ₩200 Billion Loss?: Economist Gladys Benegas Points to Poor Financial Management Overlooking Exchange Rate Risk: A controversy is brewing over claims that Itaipu Binacional (hereinafter referred to as Itaipu), a joint hydroelectric power plant ...; Desk 2025.04.28

Taiwan's Export Growth Projected to Remain Robust Amidst Trade Dynamics: The Taiwan-based think tank, the Chung-Hua Institution for Economic Research (CIER), has released a projection indicating that Tai ...; Ana Fernanda Reporter 2025.04.27

South Korea and U.S. Launch Full-Scale Trade Talks Amidst High-Stakes Tariff Dispute: Washington D.C. – South Korea and the United States have officially commenced comprehensive trade negotiations following a p ...; Desk 2025.04.27

Credit Rating Agency Warns of Challenges for Paraguay's Banking System: ASUNCIÓN, Paraguay – International credit rating agency Fix SCR recently issued a report warning that Paraguay's bank ...; Eugenio Rodolfo Sanabria Reporter 2025.04.25

Paraguay's Central Bank Holds Key Interest Rate at 6.00% for 13th Consecutive Month: ASUNCIÓN – The Central Bank of Paraguay (BCP) announced yesterday, following a meeting of its Monetary Policy Committ ...; Desk 2025.04.25

South Korea's Economic Growth Stalls, Raising Concerns Over Finance Minister's Leadership: Seoul – South Korea's economic growth has hit a snag, with the first quarter's real gross domestic product (GDP) contracting ...; Hwang Sujin Reporter 2025.04.24

South Korea to Implement Tax Deduction for Gym and Pool Memberships to Boost Fitness Participation: In a move to alleviate the financial burden of physical activity and encourage greater public participation in sports, the South K ...; Desk 2025.04.24

Egypt's Central Bank Implements First Interest Rate Cut in Five Years Amid Inflation Concerns: Cairo, Egypt - In a significant shift of monetary policy, the Central Bank of Egypt (CBE) unexpectedly slashed its benchmark inter ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

IMF Sounds Alarm for Argentina: Global Economic Slowdown Looming Amidst US Tariff Hikes: Washington D.C. - The International Monetary Fund (IMF) has issued a stark warning regarding a significant deceleration in global ...; Greace Nunez Correspondent 2025.04.22

Paraguay's Multidimensional Poverty Shows Slow Improvement Despite Economic Growth: Recently, the Economic Commission for Latin America and the Caribbean (CEPAL) released a report on multidimensional poverty in the ...; Pedro Espinola Special Correspondent 2025.04.22

Encarnación Gears Up for 2025 World Rally with Tailored Financial Support for SMEs: ENCARNACIÓN, Paraguay – In anticipation of the prestigious 2025 World Rally Championship event set to take place in E ...; Greace Nunez Correspondent 2025.04.21

Surging Menu Prices at Major South Korean Food Chains Spark Consumer Outcry Amid Record Profits: A growing wave of price hikes across major South Korean food and beverage franchises, including coffee shops, burger joints, and f ...; Desk 2025.04.20

South Korean Fuel Prices Continue Downward Trend for Tenth Consecutive Week Amidst International Oil Market Fluctuations: For the tenth consecutive week, the average prices of gasoline and diesel at South Korean gas stations have simultaneously decline ...; Ana Fernanda Reporter 2025.04.20

Paraguay's Central Bank Raises 2025 GDP Growth Forecast Amidst Solid Growth: The Central Bank of Paraguay (BCP) announced that it has revised its 2025 gross domestic product (GDP) growth forecast upwards fro ...; Desk 2025.04.17

Won's Weak Rebound Amid Dollar's Slide Signals Deeper Economic Woes Stemming from Trade Tensions: While the U.S. dollar has experienced a significant depreciation of nearly 10% against a cohort of major global currencies, the So ...; Hwang Sujin Reporter 2025.04.16

Bleak Outlook Persists: International Bodies Foresee Sub-2% Growth for South Korean Economy Amid Lingering Political Instability: Concerns surrounding the trajectory of the South Korean economy continue to mount as another prominent international organization ...; Kim Sungmoon Reporter 2025.04.16

Singapore Eases Monetary Policy for Second Consecutive Quarter Amid Lower-than-Expected Economic Growth: Singapore's monetary authority has tightened its grip on easing monetary policy for the second consecutive quarter as the first-qu ...; Hwang Sujin Reporter 2025.04.14

Paraguay's Economy Maintains Solid Growth with 4.9% Increase in February, but Signs of Slowdown Emerge: Asunción, Paraguay - According to a report released by the Central Bank of Paraguay (BCP), Paraguay's economic activity ind ...; Eugenio Rodolfo Sanabria Reporter 2025.04.11

Hawaii Farmers Enter "Survival Mode" Due to Suspension of Federal Government Subsidies: Hawaii, with 90% Dependence on Imports, Hit Hard as Farmers Try to Increase Food Self-Sufficiency: Kaina Makua, a Native Hawaiian farmer who planned to quadruple the production of kalo (taro), a traditional crop in Hawaii, expect ...; Eunsil Ju Reporter 2025.04.11

Trump's Trade Barrage Batters Washington State's Economy: Exports Plummet, Tourism Takes a Hit: WASHINGTON STATE - President Trump's aggressive tariff policies are delivering a significant blow to the Evergreen State's economy ...; Hannah Yeh Reporter 2025.04.11