Global Economic Times

2026.05.08 (Fri)
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South Korea’s KOSPI Surges to 7th in Global Market Cap, Overtaking Canada and UK

SEOUL — In a historic shift for global equity markets, the South Korean stock market has ascended to the rank of the world’s seventh-largest by market capitalization. This milestone comes
Gmarket’s Cinematic Ad Campaign Goes Viral, Sparking High Anticipation for ‘Big Smile Day’

SEOUL, South Korea – Gmarket, one of South Korea’s leading e-commerce platforms, is witnessing a massive pre-event surge in consumer interest. The company’s latest star-studded adver

Chinese Automakers Pivot to Global Markets as Domestic Demand Falters and Oil Prices Soar

As high international oil prices reshape global consumer behavior, Chinese automakers are aggressively accelerating their overseas expansion to offset a cooling domestic market. Major players includin

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CAPASU Announces Up to 40% Discount on 55 Items for Easter: ASUNCIÓN, Paraguay – The Paraguayan Supermarket Association (CAPASU) has announced a special Easter promotion offerin ...; Global Economic Times Reporter 2025.04.02

Argentina's Poverty Rate Plummets in 2024: What's Behind It?: According to data released by Argentina's National Institute of Statistics and Census (Indec), the poverty rate in Argentina reach ...; Desk 2025.04.02

Daejeon City Reduces Traditional Market Delivery Costs and Enhances Online Competitiveness: Daejeon City will implement a rider delivery support program starting April 1st to support the expansion of online sales channels ...; KO YONG-CHUL Reporter 2025.04.01

1 in 5 Paraguayans Struggle to Make Ends Meet: Paraguay - It has been revealed that 1 in 5 Paraguayans are living in poverty to the extent that maintaining basic livelihoods is ...; Pedro Espinola Special Correspondent 2025.04.01

Trump's "Car Tariff Bomb" Threatens South Korean Economy: Seoul, South Korea - A significant economic shockwave is emanating from the United States as President Donald Trump announced the ...; KO YONG-CHUL Reporter 2025.03.31

Singapore Stocks Set to Deliver April Dividends for Income Investors: For investors seeking a steady stream of passive income, identifying companies with a consistent history of dividend payouts is pa ...; Graciela Maria Reporter 2025.03.31

Salaried Workers' Average Debt Around 50 Million KRW, Highest Among 30-40s: In 2023, the average loan amount among salaried workers' debt was approximately 50 million KRW, showing a slight increase from the ...; ONLINE TEAM 2025.03.29

Burger Prices Continue to Rise, Consumer Groups Criticize Food Companies for "Ignoring Consumers": Lotteria will raise the prices of its burgers and other products for the first time in eight months. As food companies continue to ...; Global Economic Times Reporter 2025.03.28

Bank Deposit Rates Fall to 2% Range... Interest Rate Spread Widens for 6th Consecutive Month: As market interest rates continue their downward trend, bank deposit rates fell to the 2% range last month. The interest rate spre ...; ONLINE TEAM 2025.03.28

South Korean Bank Loan Delinquency Rate Rebounds in January Amid Rising Household and Corporate Defaults: SEOUL, South Korea - South Korean banks experienced a renewed increase in loan delinquency rates in January, according to data rel ...; Yim Kwangsoo Correspondent 2025.03.28

KOSPI Plunges 1.9%, Breaching 2600 Level Amid Concerns Over Tariffs and Short Selling: The KOSPI fell sharply by nearly 2% on the 28th, dropping to the 2550 range. This decline was attributed to continued net selling ...; Yim Kwangsoo Correspondent 2025.03.28

Singapore Bolsters Cybersecurity Rules, Raising Bar for Financial Institutions: SINGAPORE – The Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator, has unveiled a ser ...; Eugenio Rodolfo Sanabria Reporter 2025.03.26

World Bank President to Make First Visit to Paraguay in April for Economic Cooperation Talks: ASUNCIÓN, Paraguay – World Bank Group President Ajay Banga is scheduled to make his first official visit to Paraguay ...; ONLINE TEAM 2025.03.26

Unusual Weather Patterns Drive Up Agricultural Prices, Threatening Food Inflation: The recent surge in unusual weather patterns, including heavy snowfall in March, is driving up agricultural prices and raising con ...; Hwang Sujin Reporter 2025.03.25

Paraguay Sees Rise in Economic Freedom Index... Ranks 11th in South America, 59th Worldwide: Paraguay scored 65.2 points in the 2025 Economic Freedom Index (ILE), ranking 59th globally and 11th among 32 South American count ...; KO YONG-CHUL Reporter 2025.03.24

Paraguay Concerned About Increased Public Debt Burden Due to Strong Dollar... "No Immediate Risk": Concerns have been raised that Paraguay's public debt repayment burden is increasing as its currency, the Guarani, weakens against ...; Graciela Maria Reporter 2025.03.24

Australians Cut Back on Impulse Buys at Petrol Stations as Living Costs Bite: SYDNEY - Australian motorists are increasingly forgoing impulse purchases at petrol stations as cost-of-living pressures force a c ...; Eugenio Rodolfo Sanabria Reporter 2025.03.23

OB Beer Announces Beer Price Hike Amidst Rising Costs: SEOUL – OB Beer, South Korea's leading brewer, has announced that it will increase the factory release prices of its major b ...; Desk 2025.03.21

Paraguayan Small Business Owners See Only 10% Legal Compliance Rate: Low Formalization Hinders Economic Growth and Sustainability: ASUNCIÓN, Paraguay – According to a recent announcement by the Paraguayan Ministry of Industry and Commerce (MIC), on ...; Desk 2025.03.21

Easing the Burden on Small Shops: BCP Decides to Gradually Reduce Card Fees: Final Reduction to 3% for Credit Cards and 2% for Debit Cards from July 2026: Asunción, Paraguay - The Central Bank of Paraguay (BCP) has decided to gradually reduce the fees that shops must pay for cr ...; Desk 2025.03.21