Global Economic Times

2025.12.13 (Sat)
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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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South Korea Significantly Expands R&D Support for Foreign Investors, Accelerating Efforts to Become a Global Advanced Technology Hub: Seoul, South Korea – The South Korean government has announced a substantial increase in R&D support for foreign direct ...; Global Economic Times Reporter 2025.03.06

South Korea's GNI Growth Stalls Amidst Currency Volatility, Economic Concerns Persist: Seoul, South Korea – South Korea's per capita Gross National Income (GNI) saw a modest increase of 1.2% in 2024, reaching $3 ...; Desk 2025.03.06

South Korea's GNI per Capita Rises 1.2% in 2023, Marking Second Consecutive Year of Growth: According to data released by the Bank of Korea, South Korea's Gross National Income (GNI) per capita reached $36,624 in 2023, a 1 ...; KO YONG-CHUL Reporter 2025.03.05

South Korea Establishes 50 Trillion Won Fund to Support Advanced Strategic Industries: The South Korean government has announced the establishment of a 50 trillion won fund to support advanced strategic industries, in ...; Desk 2025.03.05

Homeplus Pushed Out by Online Shopping... January Transaction Amount Alone Reaches 21.8 Trillion Won: While Homeplus, the second-largest hypermarket in South Korea, has entered corporate rehabilitation proceedings due to deteriorati ...; KO YONG-CHUL Reporter 2025.03.05

BNK Busan Bank Launches Upgraded 'REX II' Card with Enhanced Benefits: Busan, South Korea – March 4, 2025 – BNK Busan Bank has announced the launch of its new 'REX II' credit card, designed ...; Desk 2025.03.04

It was called ‘Golden Squid’ and even the seeds were dried… Seeing how much squid costs is ‘beyond imagination’: Housewife Kim Ga-young, 40s, was recently shocked during a trip to the mart. The price of squid was higher than she thought. Kim l ...; Hwang Sujin Reporter 2025.03.04

National Agricultural Food E-Voucher Program Expands to Convenience Stores Nationwide: Starting from the 4th, consumers across South Korea will be able to purchase a variety of domestic fresh foods using agricultural ...; Hwang Sujin Reporter 2025.03.03

U.S. Inflation Shows Signs of Easing, PCE Index Slows After Four-Month Rise: WASHINGTON D.C. – The U.S. Bureau of Economic Analysis reported on the 28th that the Personal Consumption Expenditures (PCE) ...; Hannah Yeh Reporter 2025.03.01

Colombia's Fiscal Challenges Persist as Revenue Targets Fall Short: The Colombian government is facing significant fiscal challenges as revenue collection continues to fall below expectations. Recen ...; Global Economic Times Reporter 2025.02.28

IMF Issues Global Alert Over U.S. Policy Shifts: WASHINGTON D.C. – The International Monetary Fund (IMF) has raised significant concerns regarding the global repercussions o ...; Hannah Yeh Reporter 2025.02.28

Rising Won-Dollar Exchange Rate Expected to Drive Up Consumer Prices in South Korea: SEOUL - The Bank of Korea (BOK) has issued a warning that the recent surge in the won-dollar exchange rate, driven by domestic pol ...; Global Economic Times Reporter 2025.02.28

Japan Deepens Economic Ties with ASEAN Amidst Shifting Geopolitical Landscape: TOKYO – As global economic security concerns escalate, Japan is intensifying its collaborative efforts with Southeast Asian ...; Hwang Sujin Reporter 2025.02.27

Philippine Stocks Surge, Peso Stable Amid US Relations Boost: MANILA – Philippine stocks experienced a significant rebound on Wednesday, while the local currency, the peso, remained rela ...; Graciela Maria Reporter 2025.02.27

Bank of Korea Cuts Growth Forecast, Cites Economic Uncertainties: SEOUL - The Bank of Korea (BOK) on Tuesday sharply lowered its economic growth forecast for this year to 1.5 percent, citing persi ...; Desk 2025.02.25

Asahi Beer to Raise Prices in Korea Next Month: SEOUL – Asahi Beer, a popular Japanese beer brand in South Korea, will raise prices by up to 20% starting next month, accord ...; ONLINE TEAM 2025.02.23

This year, it is predicted that South Korea's real GDP growth rate could plummet to 1.0%.: According to the financial sector on the 21st, UK-based Capital Economics (CE) lowered its forecast for South Korea's economic gro ...; ONLINE TEAM 2025.02.21

Portugal Rolls Out New Tax Incentives to Attract Global Talent After NHR Phase-Out: Lisbon, Portugal – Portugal has unveiled a new tax regime aimed at attracting highly skilled professionals and fostering inn ...; Ana Fernanda Reporter 2025.02.19

Japan's Economy Sees Modest Growth in Q4, Flat for 2024: TOKYO – Japan's economy continued its modest recovery in the fourth quarter of 2024, with annualized growth of 2.8% in real ...; Desk 2025.02.17

Hana Bank Launches 'K-League Victory Savings Account' to Celebrate 2025 Season Opening: SEOUL – Hana Bank announced the launch of its new "K-League Victory Savings Account" on February 17 to celebrate the opening ...; KO YONG-CHUL Reporter 2025.02.17