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2026.11.11 (Wed)
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South Korea's Youth Job Market Sinks to 6-Year Low as Officials Point to AI and Hiring Shifts

SEOUL — South Korea’s youth labor market faced a grim milestone in October 2026, recording its lowest October employment rate in six years. According to the National Data Agency’s la
Busan Previews Marine Taxi Service with Media Test Run on Suyeong River

BUSAN — Busan is taking a bold step toward redefining urban mobility and coastal tourism. On November 11, the metropolitan city hosted a special test run for local journalists, showcasing the up

Busan Forges Closer European Ties in Maritime, Port, and Design to Accelerate Global Hub Ambitions

MUNICH/LONDON/HAMBURG — In a robust push to elevate its global standing, Busan City has launched an ambitious 8-day European diplomatic mission spanning the United Kingdom and Germany. Led by Ma

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Schroders Weighs Sale of Indonesian Business Amid Strategic Review: London/Jakarta, [Date] – Schroders, the UK-based global investment manager, is considering the sale of its Indonesian busine ...; JEONG CHAN MYEONG 2024.12.16

Daejeon Seo-gu Offers Public Sector Job Shadowing Program for Youth: Daejeon, South Korea – Daejeon Seo-gu district has announced a new job shadowing program designed to provide young adults wi ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan Embraces Rice Flour Bread with Citywide Discount Event: Cheonan, South Korea – In a bid to boost local rice consumption and support the city's thriving bakery industry, Cheonan Cit ...; HONG MOON HWA Senior Reporter 2024.12.16

Hyundai Construction Tops in Customer Management Focus Among Major Korean Builders: Seoul, South Korea – [Date] – Hyundai Construction has emerged as the leading Korean construction company in terms of ...; Desk 2024.12.16

Korean Air Soars Above Competition in Online Sentiment: Seoul, South Korea – Korean Air has maintained its position as the most talked-about airline in South Korea, according to a ...; Desk 2024.12.16

Shinhan Bank Leads in ESG Engagement as Public Interest Wanes Slightly: Seoul, South Korea – A recent study by Data & Research has revealed that Shinhan Bank is leading the pack in terms of pu ...; Desk 2024.12.16

Mortgage Rates Surge to 15-Year High in Taiwan: Taipei, Taiwan – Mortgage interest rates in Taiwan surged to a 15-year high of 2.23% in the last quarter, despite a decline ...; Ana Fernanda Reporter 2024.12.15

Chile's Economic Evolution: Insights from 50 Years of "Estudios de Economía": Santiago, Chile – A recent special edition of Estudios de Economía, Chile's premier economics journal, has delved dee ...; Desk 2024.12.14

World stock markets diverge as rate calls loom: Commodity markets were steadier after oil and gold won strong support Monday owing to uncertainty over Syria's impact on the wider ...; Hannah Yeh Reporter 2024.12.13

Finland's Dark Side: Organized Crime's Grip on Business: Helsinki, Finland - Organized crime has infiltrated Finland's business landscape, with nearly 2,000 companies tied to criminal gro ...; Graciela Maria Reporter 2024.12.13

Benromach Unveils 50-Year-Old Single Malt Whisky in Korea: A. Young FBC, a leading comprehensive beverage company, has unveiled the monumental Benromach 50 Years Old, a single malt Scotch w ...; LEE YEON SIL Reporter 2024.12.13

Disney Adventure Cruise Sees Overwhelming Bookings as Asia Debut Nears: Disney Cruise Line's highly anticipated Asia cruise, the Disney Adventure, has experienced an unprecedented surge in bookings sinc ...; JEONG CHAN MYEONG 2024.12.13

South Korea Unveils New Guidelines to Boost Green Lending: South Korea has introduced a new regulatory framework aimed at expanding green lending, aligning loans with the country's green ta ...; KO YONG-CHUL Reporter 2024.12.13

Merger of Korean OTT Platforms Tving and Wavve Hinges on Pricing Strategy, Survey Reveals: Seoul – A survey conducted by Consumer Insight indicates that the potential merger of Korean streaming giants Tving and Wavv ...; Global Economic Times Reporter 2024.12.12

Cyworld Announces Ambitious Relaunch Targeting All Generations: Seoul – Once a dominant force in South Korean social networking, Cyworld is gearing up for a comeback next year with a moder ...; Hwang Sujin Reporter 2024.12.12

US-Saudi Business Forum Highlights Opportunities for Growth: Riyadh, Saudi Arabia – The Saudi-US Business Forum, held on December 8th, underscored the growing economic ties between the ...; JEONG CHAN MYEONG 2024.12.11

Saudi Arabia Launches New Hotel Management Company, Adeera: Riyadh, Saudi Arabia – The Public Investment Fund (PIF) has announced the launch of Adeera, a new hotel management company a ...; Yim Kwangsoo Correspondent 2024.12.11

Finland Grapples with Organized Crime's Grip on Business: Helsinki, Finland – A recent report by the Finnish Tax Administration has revealed a concerning trend: organized crime has d ...; Global Economic Times Reporter 2024.12.11

Finland's Trade Deficit Widens in October 2024: HELSINKI – Finland’s trade balance deteriorated in October 2024, posting a deficit of €330 million, according to ...; Pedro Espinola Special Correspondent 2024.12.09

Fed Poised for December Rate Cut, Hints at Pause in 2023: Washington, D.C. – Federal Reserve officials are leaning towards a rate cut this month after November's jobs report indicate ...; Ana Fernanda Reporter 2024.12.08