Global Economic Times

2025.12.13 (Sat)
All articles

LOGIN
JOIN

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

Distribution Economy

> Distribution Economy

Search: 507

S. Korean Government Rethinking Levy Abolition Spree Amidst Revenue Shortfalls: SEOUL – The Yoon Suk-yeol government's push to eliminate various levies, including those on movie tickets and development pr ...; ONLINE TEAM 2025.01.31

Argentina and IMF Nearing Deal, Wall Street Optimistic: Buenos Aires, Argentina – Wall Street is growing increasingly optimistic about a potential deal between Argentina and the In ...; Eugenio Rodolfo Sanabria Reporter 2025.01.30

Seoul Subway Fares to Increase by 150 Won in March: Seoul, South Korea – Seoul’s subway fares are set to increase by 150 won in March, as the city grapples with the growi ...; KO YONG-CHUL Reporter 2025.01.30

South Korean Food and Franchise Industry Revamps to Stimulate Stagnant Domestic Market: Seoul, South Korea – As South Korea's domestic market continues to face challenges, the food and franchise industry is takin ...; ONLINE TEAM 2025.01.30

South Korea's Economy Stumbles Amid Political Turmoil and High Interest Rates: Seoul, South Korea – South Korea's economy has faced a significant setback, with growth falling short of expectations due to ...; KO YONG-CHUL Reporter 2025.01.29

Japan's Consumer Sentiment Sours Amid Rising Prices: Tokyo, Japan – Japanese consumer sentiment took a hit in January, according to a government survey released on [date]. The C ...; Global Economic Times Reporter 2025.01.29

Daejeon City Takes Action to Stabilize Prices and Boost Traditional Markets: Daejeon, South Korea – In a proactive move to stabilize prices and revitalize traditional markets ahead of the Lunar New Yea ...; HONG MOON HWA Senior Reporter 2025.01.27

South Korean Companies Offer Mixed Performance Bonuses Amidst Industry Fluctuations: Seoul, South Korea – As the highly anticipated annual performance bonus season arrives in South Korea, employees of various ...; Global Economic Times Reporter 2025.01.26

South Korea's National Pension System Faces Sustainability Concerns as Younger Generations Face Lower Retirement Benefits: Seoul, South Korea – A recent government projection reveals a bleak outlook for South Koreans born in the mid-1990s, who are ...; ONLINE TEAM 2025.01.26

South Korea Unveils Measures to Revitalize Stagnant Construction Industry: Seoul, South Korea – The South Korean Ministry of Land, Infrastructure and Transport (MOLIT) announced a comprehensive plan ...; Global Economic Times Reporter 2025.01.26

IMF Chief Warns of Lingering Inflation Despite Economic Growth: Davos, Switzerland – Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has cautioned tha ...; Yim Kwangsoo Correspondent 2025.01.25

Peruvians with Higher Incomes Can Now Deduct More from Taxes: Lima, Peru – In a move to stimulate the economy and provide tax relief for individuals, the Peruvian tax authority, SUNAT, h ...; Pedro Espinola Special Correspondent 2025.01.22

LH to Fast-Track Public Housing Projects Amidst Economic Downturn: Seoul, South Korea – Despite facing a turbulent political climate and a deepening economic recession, Korea Land and Housing ...; Desk 2025.01.20

Jeonju International Film Festival to Boost Local Economy and Small Businesses: Jeonju, South Korea – The Jeonju International Film Festival is set to play a more active role in revitalizing the local eco ...; Hwang Sujin Reporter 2025.01.16

Bank of Korea Holds Rates Amidst Political Turmoil and Economic Uncertainty: Seoul, South Korea – The Bank of Korea (BOK) has decided to keep its benchmark interest rate unchanged at 3.00%, citing conc ...; Global Economic Times Reporter 2025.01.16

South Korea's Housing Market Faces Steep Decline Amidst Economic Uncertainty: Seoul, South Korea – South Korea's housing market is experiencing a significant downturn, according to a recent survey by th ...; Global Economic Times Reporter 2025.01.16

KOSDAQ Firms Face Scrutiny Amid Disclosure Lapses: Seoul, South Korea – The Korea Exchange (KRX) has reported a sharp increase in non-compliant disclosures by companies listed ...; Global Economic Times Reporter 2025.01.14

Daejeon City Launches Initiative to Revitalize Local Businesses: Daejeon, South Korea – In a bid to alleviate the severe challenges faced by local businesses, Daejeon city has announced a c ...; HONG MOON HWA Senior Reporter 2025.01.14

Dried Laver Prices Soar Amidst Global Demand: Seoul, South Korea – The price of dried laver, a staple in Korean cuisine, has surged dramatically in the past year, putting ...; Global Economic Times Reporter 2025.01.13

Culture Fit and Employer Branding Top HR Concerns in 2025: In a survey of 707 HR professionals conducted by Incruit, "culture fit" emerged as the top HR concern for 2025. This trend, which ...; Global Economic Times Reporter 2025.01.12