Global Economic Times

2026.03.22 (Sun)
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Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year

Coway Co., Ltd., the "Best Life Solution Company," announced today that it has received the highest rating at the 10th Bottled Water & Water Purifier Tasting Competition, marking its s
Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform

Naver is pivoting its e-commerce strategy by closing its specialized men's fashion curation service, 'MR. (Mister),' to make way for a more comprehensive fashion platform that includes wom

K-Beauty SMEs Join Forces with Distributors: A New Paradigm for Global Expansion through Strategic Consortiums

The South Korean government has unveiled a groundbreaking initiative to propel small and medium-sized enterprises (SMEs) in the cosmetics sector onto the global stage. By shifting from traditional, is

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Gold Transactions Surge Amidst Escalating Trade War Fears: Seoul, South Korea – The recent surge in gold trading in South Korea has reached unprecedented levels, with daily transactio ...; Hwang Sujin Reporter 2025.02.06

Financial Authorities Strengthen Disaster Recovery Measures Following Kakao's "Service Interruption" Incident: In response to the "service interruption" incident that occurred with Kakao [035720] two years ago due to a fire at the SK C&C ...; KO YONG-CHUL Reporter 2025.02.06

U.S. Trade Deficit Hits Record High in 2024: The United States' trade deficit soared to a record high of $918.4 billion in 2024, as imports surged while exports struggled to k ...; Sharon Yoon Correspondent 2025.02.06

Uber's Q4 Revenue Beats Expectations, But Earnings Fall Short: SAN FRANCISCO – Uber Technologies Inc. released its fourth-quarter earnings on Tuesday, reporting revenue of $11.96 billion, ...; PETER KO 2025.02.06

Disney's Q1 2025 Earnings Exceed Expectations, But Streaming Subscriber Decline Impacts Stock: Los Angeles - The Walt Disney Company (DIS) reported its first-quarter fiscal year 2025 (October-December 2024) earnings on Tuesda ...; Sharon Yoon Correspondent 2025.02.06

Shinsegae Department Store to Hold '5-Mazing Card Festa': Shinsegae Department Store announced on the 6th that it will be holding the '5-Mazing Card Festa' from the 6th to the 16th in part ...; Min Gyu Mi Reporter 2025.02.06

Wall Street Rebounds on Trade War Optimism: NEW YORK, NY - U.S. stocks rallied on Tuesday, overcoming earlier losses triggered by Alphabet's lackluster earnings report. The D ...; Hannah Yeh Reporter 2025.02.06

South Korean Investors Flock to Overseas Stocks as Domestic Market Lags: SEOUL – South Korean investors are increasingly turning their attention to overseas stock markets, particularly in the Unite ...; KO YONG-CHUL Reporter 2025.02.06

K-Food Companies on Edge as US-China Trade War Heats Up: The US-China trade war is escalating, with both countries imposing additional tariffs on each other's goods. This is causing jitte ...; Min Gyu Mi Reporter 2025.02.06

Colombia's Leather and Footwear Industry Takes Center Stage at IFLS and EICI Trade Shows: BOGOTA – The Colombian Association of Footwear, Leather and Manufactures (Acicam) kicked off its annual International Footwe ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

Valentine's Day Spending in Peru Projected to Reach $165 Million: LIMA, Peru – Valentine's Day is a significant date for retailers in Peru, and this year is no exception. The Lima Chamber of ...; Ana Fernanda Reporter 2025.02.05

Egyptian Trade Delegation to Explore Opportunities in Tanzania: DAR ES SALAAM – A delegation of 23 leading Egyptian companies is set to visit Tanzania from February 1st to 6th, 2025, in a ...; Hee Chan Kim Reporter 2025.02.05

Vietnam Tech Startup Funding Plummets in 2024, Though Late-Stage Investments Show Promise: HANOI – Vietnamese tech startups experienced a significant downturn in funding in 2024, raising just over US$120 million, ac ...; Graciela Maria Reporter 2025.02.05

Vietnam's Stock Market Poised for Growth in 2025: Industrial Real Estate and Steel Sectors in Focus: HANOI – Vietnam's stock market is anticipating a surge of activity in 2025, with significant transformations unfolding acros ...; Ana Fernanda Reporter 2025.02.05

Vietnam's Billionaire Count Bounces Back to Six: HANOI – Vietnam's roster of billionaires has climbed back to six with the re-inclusion of Masan Group Chairman Nguyen Dang Q ...; Ana Fernanda Reporter 2025.02.05

Vietnam Stock Market Rebounds, But Caution Advised Amidst Foreign Investor Sell-Off: HANOI – The Vietnamese stock market saw a strong rebound on Tuesday, with the VN-Index nearing the 1,265-point mark. Improve ...; Global Economic Times Reporter 2025.02.05

Egypt Secures $1.7 Billion in Financing from Islamic Development Bank Group: Cairo, Egypt – Egypt has solidified its partnership with the Islamic Development Bank (IsDB) Group, securing $1.7 billion in ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

SK Telecom Joins MIT's GenAI Impact Consortium as Founding Member: Seoul, South Korea – SK Telecom (SKT), a leading South Korean telecommunications company, has announced its participation as ...; ONLINE TEAM 2025.02.04

Gyeongnam Province to Accelerate Electric Vehicle Supply Project: Gyeongsangnam-do Province announced on the 4th that it will begin its electric vehicle (EV) supply project earlier than usual this ...; Hwang Sujin Reporter 2025.02.04

Financial Supervisory Service Uncovers Massive Illegal Loans at Major Banks: SEOUL – The Financial Supervisory Service (FSS) of South Korea has revealed a staggering 387.5 billion won ($295 million USD ...; KO YONG-CHUL Reporter 2025.02.04