Global Economic Times

2025.10.25 (Sat)
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Traffic Congestion Levy Stifles Support for Small Businesses

Seoul — The "Happy Department Store" (Haengbokhan Department Store), established by the South Korean government to support small and medium-sized enterprises (SMEs) and expand sales
South Korea's Per Capita GDP Slump: Taiwan Expected to Overtake for the First Time in 22 Years

SEOUL—South Korea's economic standing is facing a potential setback as the International Monetary Fund (IMF) projects a significant drop in its per capita Gross Domestic Product (GDP) rankin

South Korea 'Trapped': OECD Shock as Tax Revenue Plummets

SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to 17.6% in 2024, ranking it 30th out of 38 OECD member nations. This fi

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Asia-Pacific Markets End Mixed Amid Economic Data and US-China Communication News: Singapore – Asia-Pacific stock markets closed mixed on Friday, as investors reacted differently to the release of regional e ...; Pedro Espinola Special Correspondent 2025.05.24

Singapore April Inflation Edges Up, Downward Pressure Expected to Persist: Singapore – Singapore's key consumer price gauges in April slightly exceeded forecasts but remained at low levels, with auth ...; Eugenio Rodolfo Sanabria Reporter 2025.05.24

Easing Dollar Exchange Rate Pressure, What's the Impact on Investment Markets?: Paraguay’s securities firm, Cadiem, stated in a recently released report that as the appreciation pressure on the US dollar ...; Ana Fernanda Reporter 2025.05.23

New Jersey Gas Prices Hit Mid-Atlantic Low Ahead of Memorial Day Weekend: Good news has arrived for drivers planning long-distance trips ahead of the U.S. Memorial Day holiday. Especially those passing th ...; Ana Fernanda Reporter 2025.05.23

Argentina's Economic Activity Grows 5.6% in March; Falls Short of Expectations, Economic Recovery 'Struggles': Buenos Aires, Argentina – In March 2024, Argentina's economic activity grew by 5.6% compared to the same period last year. T ...; Ana Fernanda Reporter 2025.05.22

Trump Tariff Impact Takes Hold: South Korean Auto Exports to the US Plummet by 20%: The impact of the "Trump tariffs" has begun to significantly affect South Korean automotive exports to the United States, with fig ...; ONLINE TEAM 2025.05.20

Singapore's Economic Growth Outlook Clouded by US Tariffs Amidst US-China Tensions: Singapore – Singapore's economic growth prospects are facing increased uncertainty following the unexpected imposition of ta ...; Eugenio Rodolfo Sanabria Reporter 2025.05.19

Singapore REITs Poised for Brighter Outlook Amid Easing Inflation and Rate Stability: Dividend Growth Potential in Focus: Singapore – Singapore’s Real Estate Investment Trust (REIT) investors have navigated a challenging period over the pas ...; Desk 2025.05.19

Former Finance Minister Borda Criticizes Delay in Paraguay's Pension Fund Reform as a 'Mistake': Asunción, Paraguay – Former Finance Minister Dionisio Borda has sharply criticized the current Paraguayan government' ...; Global Economic Times Reporter 2025.05.19

Paraguay's Fiscal Deficit Reaches $248.8 Million by April 2025 Despite Monthly Surplus: Asunción, Paraguay – Paraguay's central government accumulated a fiscal deficit equivalent to 2.7% of its Gross Domes ...; Desk 2025.05.19

Paraguay Sees 24% Surge in Investment in Q1 2025 Driven by Incentive Policies, Positive Impact on Job Creation: Asunción, Paraguay – Paraguay's investment landscape has experienced a significant boost in the first four months of ...; Desk 2025.05.19

Moody's Downgrades US Credit Rating, Reigniting Fiscal Strain Concerns: Moody's Investors Service has lowered the United States' credit rating from its pristine AAA status to Aa1, exacerbating concerns ...; Desk 2025.05.18

Paraguay Records $311.7 Million Trade Deficit Through April Amid Export Decline: Asunción, Paraguay - The Central Bank of Paraguay (BCP) has announced that Paraguay experienced a total trade volume of $10 ...; Graciela Maria Reporter 2025.05.15

Soaring Gas Prices Threaten Paraguay's Humble Eateries, Sparking Inflation Domino Effect Fears: Despite a recent price reduction of 270 guaraníes (approximately 4 US cents) in fuel by Paraguay's state-owned oil company ...; Yim Kwangsoo Correspondent 2025.05.13

Paraguay's Fuel Price Cut Sparks Warning from Distributors over Sustainability: Asunción, Paraguay - Paraguayan fuel distributors have voiced concerns that the government's recent announcement of a reduc ...; Eugenio Rodolfo Sanabria Reporter 2025.05.13

Singapore Sees Gold Investment Frenzy as Economic Uncertainty Fuels Safe-Haven Demand: Amidst a recent surge in international gold prices, Singapore has witnessed a remarkable increase in the sales of gold bars and co ...; KO YONG-CHUL Reporter 2025.05.13

Bank of Korea Calls for Oversight in Potential Won-Pegged Stablecoin Issuance Amid Global Developments: Seoul, South Korea – The Bank of Korea (BOK) is advocating for a proactive role in the authorization process should stableco ...; Ana Fernanda Reporter 2025.05.12

Alarm Bells Ring for South Korea's Economic Future as OECD Predicts Sub-2% Potential Growth: Seoul, South Korea – A chorus of warnings is sounding over the trajectory of the South Korean economy, with the Organization ...; Desk 2025.05.12

Nvidia's Market Value Plunges by $270 Billion in Two Days as US Tightens AI Chip Export Controls to China: New York – Shares of Nvidia (NVDA) have experienced a dramatic two-day sell-off, erasing a staggering $270 billion from its ...; Eugenio Rodolfo Sanabria Reporter 2025.05.12

Won-Dollar Exchange Rate Swings Below 1,400 Amid US-China Trade Optimism and Shifting Monetary Policies: Seoul, South Korea – The Korean won (KRW) experienced a volatile trading day on Tuesday, breaching the 1,400 mark against th ...; Desk 2025.05.12

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