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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Shinhan Bank Launches New Website Featuring Beloved Character Lineup, "Shinhan Friends": Seoul, South Korea – Shinhan Bank announced today the launch of a dedicated website for its popular character lineup, "Shinh ...; Hwang Sujin Reporter 2025.01.29

Australia's inflation cools, boosting hopes for interest rate cuts: SYDNEY - Australia's consumer price index (CPI) rose 0.2% in the December quarter, below market expectations, data from the Austra ...; Eugenio Rodolfo Sanabria Reporter 2025.01.29

Tokyo Stock Market Rebounds on US Fed Decision Eve: Tokyo, Japan – Japan’s Tokyo Stock Exchange rebounded on Thursday, marking a four-day winning streak as investors took ...; ONLINE TEAM 2025.01.29

South Korea Sees Surge in Youth Unemployment as Mismatch Between Jobs and Skills Worsens: Seoul, South Korea – A growing number of South Korean youth are choosing to remain unemployed despite being capable of worki ...; Desk 2025.01.29

South Korea's Consumer Goods Exports to China Face Steep Decline: Seoul, South Korea – South Korea's dominance in the Chinese consumer goods market is waning, as the nation grapples with a s ...; KO YONG-CHUL Reporter 2025.01.28

South Korea's Coffee Consumption Hits Record High: Seoul, South Korea – South Korea's love affair with coffee continues to deepen, as new data reveals a surge in coffee import ...; KO YONG-CHUL Reporter 2025.01.28

Samsung Pay Poised to Follow Suit as Apple Pay Expands in South Korea: Seoul, South Korea – The convenience of mobile payments is set to become even more competitive in South Korea as major credi ...; ONLINE TEAM 2025.01.28

South Korean Automakers Ramp Up Electric SUV Launches to Revitalize Domestic Market: Seoul, South Korea – Domestic automakers are gearing up to launch a slew of new electric SUVs in a bid to revitalize the sag ...; Desk 2025.01.28

Kia Recalls Over 80,000 Niro Vehicles Due to Wiring Issue: Kia is recalling over 80,000 Niro vehicles due to a wiring issue that could potentially affect the deployment of airbags and seat ...; Sharon Yoon Correspondent 2025.01.27

Vietnam-Singapore Trade Surges to Record High in 2024: SINGAPORE — Bilateral trade between Vietnam and Singapore reached an all-time high in 2024, exceeding SG$31.67 billion (appr ...; Eugenio Rodolfo Sanabria Reporter 2025.01.26

South Korea's E-commerce Landscape: Coupang Dominates Amidst Economic Downturn: Seoul, South Korea – Despite intense competition from Chinese e-commerce platforms last year, South Korean retailers SSG.com ...; Global Economic Times Reporter 2025.01.26

South Korea's Food Giants Expand: 11 Companies Surpass $3 Billion in Annual Sales: Seoul, South Korea – South Korea's food industry is experiencing unprecedented growth, with a record number of companies sur ...; Hwang Sujin Reporter 2025.01.26

South Korean Electronics Giants Sweep US Large-Capacity Washing Machine Market: Seoul, South Korea – LG Electronics and Samsung Electronics have once again solidified their dominance in the US premium app ...; Hannah Yeh Reporter 2025.01.26

South Korea's Automotive Exports Face Headwinds as Electric Vehicle Sales Slump: Seoul, South Korea – South Korea's automotive export prices experienced their first decline since 2016, primarily driven by ...; Desk 2025.01.26

Seoul to Experiment with New Wage Models for Taxi Drivers Amidst Industry Struggles: Seoul, South Korea – Seoul Metropolitan Government is accelerating efforts to implement a new wage system for corporate taxi ...; Hwang Sujin Reporter 2025.01.26

El Salvador's Stock Market Sees Robust Growth in 2024: San Salvador, El Salvador – El Salvador's stock market experienced significant growth in 2024, as reported by the Superinten ...; Pedro Espinola Special Correspondent 2025.01.25

Samsung Launches Galaxy S25 Series in Tanzania, Ushering in a New Era of AI-Powered Mobile Technology: Dar es Salaam - Samsung has unveiled its revolutionary Galaxy S25 Series in Tanzania, marking a significant step forward in the co ...; Hee Chan Kim Reporter 2025.01.25

Hyundai Department Store Group Boosts Stakes in Key Subsidiaries to Enhance Value: Seoul, South Korea – Hyundai Department Store Group, a leading retail conglomerate in South Korea, announced today that its ...; Global Economic Times Reporter 2025.01.25

Japan Rate Hike Stabilizes Korean Markets, but Uncertainty Remains: Seoul, South Korea – The Bank of Japan's decision to raise its benchmark interest rate on January 24th has had a stabilizing ...; KO YONG-CHUL Reporter 2025.01.25

Krafton's BGMI Partners with Mahindra to Introduce Electric SUV in-game: Krafton's popular mobile game, Battlegrounds Mobile India (BGMI), has announced a new partnership with Indian automotive giant Mah ...; Global Economic Times Reporter 2025.01.25