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  • Saudi Arabia Warns o...

    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 ...

    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 Vo...

    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

Distribution Economy

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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State Farm Faces Bankruptcy Risk as It Pushes for Massive Home Insurance Hike in California
Oakland, CA - The future of State Farm, the nation's largest home insurance provider, hangs in the balance as it aggressively purs ...
Sharon Yoon Correspondent 2025.04.11

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KOSPI Surges 6.6% on Mutual Tariff Suspension, KRW/USD Exchange Rate Falls by 28 Won
South Korean financial markets experienced significant volatility once again on the 10th due to the mutual tariff suspension by th ...
Yim Kwangsoo Correspondent 2025.04.10

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Argentina Secures $20 Billion IMF Bailout, Boosting Milei's Reform Agenda
BUENOS AIRES, ARGENTINA — In a move anticipated to provide crucial financial breathing room, Argentina has reached a staff-l ...
Yim Kwangsoo Correspondent 2025.04.10

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KOSPI Breaches 2300 Mark Amid Escalating US-China Trade Tensions
Seuol, South Korea – The South Korean benchmark KOSPI index plummeted below the critical 2300 level on Wednesday, marking it ...
Global Economic Times Reporter 2025.04.09

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EU-Philippines Green Economy Partnership (EU-GEPP) Grant Program to Accelerate Circular Economy Transition
Manila, Philippines – The European Union (EU)-supported and Department of Environment and Natural Resources (DENR)-implement ...
Eugenio Rodolfo Sanabria Reporter 2025.04.09

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South Korea Launches 20 Billion KRW Fund to Modernize Fisheries Distribution Sector
SEOUL, SOUTH KOREA – The South Korean Ministry of Oceans and Fisheries (MOF) has announced the selection of NICE Investment ...
KO YONG-CHUL Reporter 2025.04.07

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South Korean Tax Service's "One-Click" Refund System Draws Massive User Base with Zero Fees
SEOUL, SOUTH KOREA – The National Tax Service (NTS) of South Korea is witnessing remarkable success with its newly launched ...
Desk 2025.04.07
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