Global Economic Times

2026.08.12 (Wed)
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U.S. July Payrolls Unexpectedly Drop, Reigniting Concerns Over Labor Market Cooling

WASHINGTON — U.S. nonfarm payrolls unexpectedly contracted in July, breaking expectations of modest growth and stirring fresh debate over the trajectory of the American economy and future Federa
SK Hynix Declares Q2 Dividend of 375 Won Per Share, Signals Enhanced Shareholder Returns in Q3

SEOUL — SK Hynix Inc., the world’s second-largest memory chipmaker, announced on Friday that its board of directors has approved a quarterly cash dividend of 375 Korean won ($0.27) per com

South Korean Retail Investors Pivot Back to Tech Giants: Amazon and Micron Lead Massive Buying Spree

SEOUL — South Korean retail investors—affectionately referred to in financial markets as "Seohak Ants" for their diligent and aggressive buying of foreign equities—have e

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Paraguay's Central Bank Holds Key Interest Rate at 6.00% for 13th Consecutive Month: ASUNCIÓN – The Central Bank of Paraguay (BCP) announced yesterday, following a meeting of its Monetary Policy Committ ...; Desk 2025.04.25

South Korea's Economic Growth Stalls, Raising Concerns Over Finance Minister's Leadership: Seoul – South Korea's economic growth has hit a snag, with the first quarter's real gross domestic product (GDP) contracting ...; Hwang Sujin Reporter 2025.04.24

South Korea to Implement Tax Deduction for Gym and Pool Memberships to Boost Fitness Participation: In a move to alleviate the financial burden of physical activity and encourage greater public participation in sports, the South K ...; Desk 2025.04.24

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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