Global Economic Times

2025.12.11 (Thu)
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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

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Novo Nordisk Shares Plummet as Competition Heats Up in Obesity Drug Market: Copenhagen, Denmark – Shares of Danish pharmaceutical giant Novo Nordisk, widely known for its blockbuster obesity drug Wego ...; Graciela Maria Reporter 2025.07.30

This Year's High of 23,943 Points, When Will It Be Surpassed? Experts Say, "Short-term Rally to Continue, But 23,486 Points Must Be Overcome First": The Taiwan stock market has risen for five consecutive weeks, settling above 23,000 points. While investors are anticipating the m ...; Desk 2025.07.27

SK Hynix Achieves Record-Breaking Performance Driven by HBM, Surpassing Samsung Electronics Twofold in 'Earning Surprise': ICHEN, SOUTH KOREA – SK Hynix, a leader in the High Bandwidth Memory (HBM) market, has made significant waves in the semicon ...; Hwang Sujin Reporter 2025.07.24

Foreigners Bet 6.3 Trillion Won on KOSPI… Nomura Also Shouts "4000": Foreign investors' relentless net buying spree on KOSPI is driving the index to new year highs. Foreign investment banks are raisi ...; Desk 2025.07.24

First Round of Livelihood Recovery Consumer Coupons Begins Issuance; Applications Start July 21: The Ministry of Interior and Safety will begin accepting applications for the first round of Livelihood Recovery Consumer Coupons ...; Global Economic Times Reporter 2025.07.20

Dollar Exchange Rate Continues to Decline, Reaches Weekly Low: ASUNCIÓN, July 16, 2025 – The exchange rate of the Paraguayan Guaraní against the U.S. dollar has continued it ...; Graciela Maria Reporter 2025.07.16

Paraguay Consumer Confidence Index Falls Back into 'Pessimistic' Territory: ASUNCION, Paraguay – Paraguay's Consumer Confidence Index (ICC) dropped to 47.67 in June, falling both monthly and annually, ...; Global Economic Times Reporter 2025.07.16

Overseas Securities Trading Volume Slightly Down in H1 2025, but Holdings Soar: During the first half of this year, Korean investors' overseas securities trading volume slightly decreased compared to the second ...; Eugenio Rodolfo Sanabria Reporter 2025.07.14

Lee Jae-myung, President of South Korea, stated, "Consumption coupons will bring warmth to alleyway commercial areas," promoting public participation in dining out and focusing on people's livelihoods.: On July 12, 2025, President Lee Jae-myung strongly urged the public to dine out to stimulate the stagnant domestic economy, expres ...; Hwang Sujin Reporter 2025.07.12

South Korea's Land Ownership Status: 4 in 10 People Are Landowners, Intensified Concentration Among the Elderly: As of the end of 2024, approximately four out of ten South Koreans own land. Notably, over 65% of land owners are aged 60 or above ...; Hee Chan Kim Reporter 2025.07.11

Romualdez Files Bill to Amend Bank Secrecy Law to Combat Financial Crimes: House Majority Leader Martin Romualdez (Leyte 1st District) has filed House Bill No. 7, seeking to amend the Bank Secrecy Law to e ...; Ana Fernanda Reporter 2025.07.10

Bucheon City Fully Activates "Livelihood Recovery Consumption Coupon Task Force" to Boost Local Economy: Active utilization of Bucheon-style basic care models, including "Onmaum AI Welfare Call" guidance for vulnerable groups Bucheon ...; Hwang Sujin Reporter 2025.07.09

South Korea Relaunches High-Efficiency Appliance Rebate Program: Seoul, South Korea – The South Korean government has announced the immediate resumption of its "Top Efficiency Home Applianc ...; Hwang Sujin Reporter 2025.07.06

Global Food Prices Edge Up in June, Driven by Oils, Meat, and Dairy: ROME – The global food price index witnessed a modest increase in June, climbing by 0.5% to 128.0 points, as reported by the ...; Desk 2025.07.05

South Korea Launches Nationwide Consumption Coupon Program to Boost Economy: Seoul, South Korea – The South Korean government has announced the first phase of its ambitious "People's Livelihood Recover ...; Hwang Sujin Reporter 2025.07.05

Philippines Misses Upper-Middle Income Status: Vows Further Efforts to Achieve Goal: MANILA, Philippines – The Philippines remains classified as a lower-middle-income country, according to the World Bank's 202 ...; Ana Fernanda Reporter 2025.07.04

Bitstamp Accelerates Asia Market Expansion with Singapore MAS License Acquisition: Bitstamp, a leading global cryptocurrency exchange, has achieved a significant milestone in its Asia-Pacific (APAC) expansion stra ...; Desk 2025.07.04

Asunción City's Tax Revenue Jumps 40% After Publishing Delinquent Taxpayers List: ASUNCIÓN, PARAGUAY – Asunción City Hall has achieved a remarkable 40% increase in tax revenue compared to the ...; Graciela Maria Reporter 2025.07.04

Securities Firms Increase Fees Following New VAT Law Implementation: Vietnamese securities firms have increased various customer service fees starting July 1, following the implementation of a new Va ...; Hwang Sujin Reporter 2025.07.04

Vietnam's Economy Exceeds Expectations: H1 GDP Growth Reaches 7.31%: Vietnam's economy has shown strong growth in the first half of this year, surpassing expectations, with GDP growth projected to be ...; KO YONG-CHUL Reporter 2025.07.04

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