Global Economic Times

2026.06.27 (Sat)
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Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

SEOUL — The South Korean government announced a decisive reduction in the maximum price caps for petroleum products, effective from midnight on June 27. This measure, marking the seventh adjustm
Political Debates Spark Over Semiconductor "Windfall" Redistribution

As South Korea’s semiconductor industry rides the crest of an unprecedented AI-driven boom in 2026, a contentious debate has emerged within political circles regarding how to manage the resultin

Global Markets Expected to Continue AI-Driven Rally in H2 2026

The Korea Center for International Finance (KCIF) released its "Global Economic and Financial Market Outlook for the Second Half of 2026" on June 25, projecting that the global stock marke

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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

Uruguay's Economy Slows in Q2 2025, Falling Short of Expectations: According to the national accounts report released by the Central Bank of Uruguay (BCU) on September 16, 2025, the Uruguayan econo ...; Yim Kwangsoo Correspondent 2025.09.16

National Debt Repayment Costs Emerge as a Major Cause of Fiscal Pressure: Paraguay's national finances have been revealed to be under severe fiscal pressure. Over the past year, the cost of repaying natio ...; Graciela Maria Reporter 2025.09.15

Bitcoin Surges to ₩160M Amid Fed Rate Cut Speculation: SEOUL — Bitcoin has again breached the ₩160 million mark, a level it hadn't seen in 19 days, as growing "risk-on" sentiment ...; Global Economic Times Reporter 2025.09.13

KOSPI Soars to All-Time Highs on Semiconductor Rally, Fed Rate Cut Hopes: SEOUL — The KOSPI index has hit a new all-time high for the third consecutive day, driven by strong foreign and institutiona ...; Shin Yeju 2025.09.13

KOSPI Hits Record High, Closing Near 3,400 Amid Foreign and Institutional Buying: SEOUL — The KOSPI index closed at a new all-time high on September 12, continuing its record-breaking streak for a third con ...; Hwang Sujin Reporter 2025.09.12

US Dollar Falls 8.3% Against Guarani... Rebound Expected by Year-End: The exchange rate of the Paraguayan Guarani (PYG) against the US Dollar (USD) has recently seen a sharp decline, drawing attention ...; Pedro Espinola Special Correspondent 2025.09.10

Paraguay's Economy Leaps Forward with Manufacturing Growth and Industrial Diversification: Paraguay's manufacturing sector is showing consistent growth and has become a key driver of the national economy. On the occasion ...; Graciela Maria Reporter 2025.09.10

Digital Payments Emerge as the 'New Normal' in Paraguay's Consumer Market: In 2025, Paraguay's online purchases broke a new record, reaching G. 2 trillion. This represents a fivefold increase compared to 2 ...; Yim Kwangsoo Correspondent 2025.09.08

Paraguay's 'Albirroja' National Football Team Qualifies for World Cup, Boosting the Economy: The entire nation of Paraguay is buzzing with football fever following the 'Albirroja' national team's qualification for the 2026 ...; Global Economic Times Reporter 2025.09.08

Paraguay's 2026 Health Budget Increase Deemed 'Insufficient,' Chronic Issues Remain Unresolved: ASUNCIÓN – The Paraguayan government's proposed 2026 national budget (PGN) is facing criticism, with many arguing tha ...; Graciela Maria Reporter 2025.09.08

Paraguay's Economy Expected to Grow Nearly 5% in 2025, Says Minister of Economy: ASUNCIÓN — The Paraguayan economy is projected to show strong growth in 2025, exceeding initial expectations. On Sept ...; Ana Fernanda Reporter 2025.09.08

Tesla Board Proposes New, Billion-Dollar Compensation Plan for Musk, Reaching for Unprecedented Goals: SAN FRANCISCO — In a move that could redefine corporate executive compensation, Tesla's board of directors has unveiled a ne ...; KO YONG-CHUL Reporter 2025.09.06

Gold Soars to Record High Amid U.S. Job Market Cool-Down and Fed Rate Cut Speculation: NEW YORK — International gold prices shattered previous records on Friday, September 5, buoyed by unexpected signs of a weak ...; Eunsil Ju Reporter 2025.09.06

Global Bond Markets Rebound Amid US Economic Slowdown: Global bond markets have experienced a significant rally, recovering from a recent slump, following the release of disappointing U ...; Desk 2025.09.04

Gold Hits Record High of $3,508 Amid Global Economic Turmoil: The price of gold has soared to a new all-time high of $3,508 per ounce, driven by a confluence of global economic uncertainties a ...; Hwang Sujin Reporter 2025.09.04

What is the global economic impact of a U.S.-China bipolar world: The world is standing at a geopolitical and economic crossroads. The era of globalization that defined the late 20th and early 21s ...; ONLINE TEAM 2025.09.04

Global Economic Growth Weakens Amid Trade Uncertainty: The global economic outlook is darkening, with the OECD's latest Economic Outlook projecting a slowdown due to trade policy uncert ...; Global Economic Times Reporter 2025.09.04

Global Trade Rattled as 'Uncertainty' Becomes the New Tariff: In a significant shift from traditional challenges like tariffs or geopolitical tensions, a new, more insidious force is reshaping ...; KO YONG-CHUL Reporter 2025.09.04