Global Economic Times

2025.12.11 (Thu)
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International Organizations Raise China's Growth Forecasts, Citing Stimulus and Exports

(C) Global TImesSeveral major international financial institutions, including the World Bank (WB) and the International Monetary Fund (IMF), have recently revised their forecasts for China's econo
South Korea's Rail Consolidation vs. Global Trend of Competition and Service Quality

(C) PixabayThe South Korean government's announcement to integrate the state-owned Korea Railroad Corporation (KORAIL) and SR, a high-speed rail operator, by 2026 has ignited a debate over the fut

Netflix Acquires Warner Bros. in $72 Billion Deal, Reshaping Global Content Landscape

SAN FRANCISCO / BURBANK – In a seismic shift poised to redefine the global entertainment industry, Netflix has struck an audacious deal to acquire film and television giant Warner Bros. Discover

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EU Achieves Historic Trade Surplus with Russia Amid Sanctions: BRUSSELS — The European Union has recorded a trade surplus with Russia for the first time on record, a historic reversal of ...; Eugenio Rodolfo Sanabria Reporter 2025.09.01

South Korean Duty-Free Sales Plummet Despite Tourism Boom: Seoul, South Korea — South Korea's duty-free industry faces a major downturn as per-person spending by foreign tourists shar ...; KO YONG-CHUL Reporter 2025.09.01

NVIDIA's Strong Q2 Earnings Beat Market Expectations, Fueled by AI Growth: SAN FRANCISCO — AI powerhouse NVIDIA announced on August 27 that its second-quarter (May-July) revenue and earnings per shar ...; Global Economic Times Reporter 2025.08.28

Hyundai Motor Group Announces $5 Billion Surge in US Investment: SEOUL—Hyundai Motor Group has announced an additional $5 billion (approximately ₩7 trillion) investment in the United States ...; KO YONG-CHUL Reporter 2025.08.26

U.S. Government Acquires Controlling Stake in Intel, Signaling New Era of State-Corporate Alliance: WASHINGTON, D.C. — In a dramatic shift in economic policy, the United States government has taken a 10% ownership stake in I ...; Ana Fernanda Reporter 2025.08.23

New Low-Cost Air Route: Asunción-Rio de Janeiro Launched: ASUNCIÓN — The low-cost airline JetSMART has announced the launch of a new direct route connecting Asunción, t ...; Hwang Sujin Reporter 2025.08.22

Paraguayan Chamber of Commerce and Services Unveils New Economic Forecast Indicator: The Paraguayan Chamber of Commerce and Services (CNCSP) is introducing a new tool to gauge the future of the economy. Set to be re ...; Yim Kwangsoo Correspondent 2025.08.22

From Korean Farms to Dubai Tables: A Royal Endorsement Spurs New Culinary Chapter for Hanwoo Beef: Seoul—A new era of culinary diplomacy is underway as Korea’s esteemed Hoengseong Hanwoo beef prepares for its grand de ...; LEE YEON SIL Reporter 2025.08.21

"Salam Seoul Restaurant": A Restaurant Guide for Muslims traveling in Seoul: Among the problems Muslims face when traveling to non-Islamic countries in East Asia such as Korea, Japan, China, and Taiwan, the ...; LEE YEON SIL Reporter 2025.08.21

"DHL Express Boosts Indonesian Logistics with Strategic Bandung Relocation": BANDUNG, INDONESIA — In a significant move aimed at strengthening its logistics network in Southeast Asia’s largest ec ...; Graciela Maria Reporter 2025.08.21

Korea and Vietnam Forge Deeper Ties: A New Era of SME Collaboration: SEOUL — Amidst a landmark state visit by Vietnamese General Secretary To Lam, a powerful and forward-looking proposal was pu ...; KO YONG-CHUL Reporter 2025.08.20

K-Stationery's Global Leap: Tokyo Fair Unveils a New Chapter: TOKYO – In a powerful display of cultural and commercial diplomacy, K-stationery made a landmark showing at the 36th Interna ...; Desk 2025.08.20

Large-Scale Marts Under Fire for Deceptive Use of Government Vouchers: SEOUL—In a practice that has ignited outrage among small business owners, a growing number of large-scale food ingredient ma ...; Hwang Sujin Reporter 2025.08.20

"Busan Marine Industry Leaders Converge to Chart a Course for the 'AX' Revolution": BUSAN – In a landmark event marking a pivotal shift for the maritime sector, the Busan Marine Equipment Association (BMEA) c ...; KO YONG-CHUL Reporter 2025.08.20

Yanolja Wins Gold for 'Innovative Tech' at International Business Awards: Yanolja, a leading global travel tech company, announced on Monday that it has won the Gold Stevie® Award for "Most Innovative ...; Desk 2025.08.18

Lotteria Opens First U.S. Store in California, Bringing 'K-Burgers' to the States: SEOUL—Lotteria, a popular South Korean burger chain operated by Lotte GRS, has officially entered the United States market, ...; Eunsil Ju Reporter 2025.08.18

Nongshim's Wasabi Saewookkang Sells 1.8 Million Bags in Two Weeks, Surpassing Meoktaekkang: SEOUL — Nongshim's new snack, Wasabi Saewookkang, has become an instant hit, selling over 1.8 million bags within just two w ...; Hwang Sujin Reporter 2025.08.18

Coupang Launches Back-to-School 'Stationery and Art Festival' with Discounts Up to 80%: SEOUL – Coupang announced on Monday the launch of its "Stationery and Art Festival," a special promotion running until Augus ...; Hwang Sujin Reporter 2025.08.18

Apple Responds as Samsung's Foldable Phones Narrow the Gap in the U.S. Market: New York — Samsung is closing the market share gap with Apple in the U.S., driven by its new lineup of foldable smartphones. ...; Hannah Yeh Reporter 2025.08.18

Burger King Fined ₩300 Million by Fair Trade Commission for Forcing Franchisees to Use Specific Cleaning Products and Tomatoes: SEOUL — BKR Co., the operator of the fast-food brand Burger King, has been fined ₩300 million by the Korea Fair Trade Commis ...; Desk 2025.08.16

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