Global Economic Times

2025.12.16 (Tue)
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K-Consumables Pop-up Strategy Targets Central Japan Distribution Hub, K-Beauty Popularity Spreading

(C) KOTRA The Korea Trade-Investment Promotion Agency (KOTRA, President Kang Kyeong-seong) held the "Directly Experiencing K-Beauty Sales Promotion" from December 4th to 13th at Lalapor
South Korea Launches $115 Million Export Voucher Program to Boost SME Global Reach

SEOUL — South Korea's Ministry of SMEs and Startups (MSS) is accelerating its support for small and medium-sized enterprises (SMEs) aiming for global market expansion. The MSS announced the

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

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Hyundai's José Muñoz Drives to Victory: Named MotorTrend's 2025 Person of the Year: Los Angeles, CA – In a significant recognition of automotive leadership, José Muñoz, President of Hyundai Moto ...; Eunsil Ju Reporter 2025.03.01

Pharmaceutical Companies Reconsidering Sales at Daiso Amid Controversy Over Low-Cost Health Supplements: Seoul, South Korea – Il-Yang Pharmaceutical has decided to withdraw its health supplement products from Daiso just five days ...; Hwang Sujin Reporter 2025.03.01

U.S. Slaps Steep Tariffs on Korean Aluminum Cables Over China Circumvention Claims: The United States has levied substantial anti-dumping and countervailing duties on aluminum wire and cable (AWC) manufactured in S ...; Hannah Yeh Reporter 2025.03.01

FILA's 'Echappe V2' Sells Out: A New Legend of Han So-hee's Sneakers: FILA's 'Echappe' sneakers, which gained immense popularity last year as 'Han So-hee's sneakers,' have once again achieved a sell-o ...; Sharon Yoon Correspondent 2025.03.01

Iberostar Opens Controversial Luxury Hotel in Havana Amidst Economic Crisis: MIAMI, USA – Iberostar Cuba Hotels & Resorts has announced the grand opening of the Iberostar Selection La Habana, also ...; Hannah Yeh Reporter 2025.02.28

Mineros S.A. Announces New President After a Decade of Leadership: Medellín, Colombia - Mineros S.A., a leading Latin American gold mining company, has announced the appointment of David Lon ...; Graciela Maria Reporter 2025.02.28

Peru's Coffee Exports Reach Historic Highs, Driven by Global Demand and Quality: Peru's coffee exports have surged to unprecedented levels, exceeding US$1.1 billion in 2024, marking a 33% increase from the previ ...; Ana Fernanda Reporter 2025.02.28

Turkey's African Trade Surge: $1.5 Billion Exports in January, North Africa Dominates: ISTANBUL – Turkey's robust trade relations with Africa continue to flourish, with January exports reaching a substantial $1. ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

OKTA Trade Committee Announces "2025 4th Trade Show" in Andong: Andong, South Korea – The World Federation of Overseas Korean Traders Associations (OKTA) Trade Committee is pleased to anno ...; KO YONG-CHUL Reporter 2025.02.28

Soaring Vegetable and Fruit Prices Drive Shift to Frozen Produce in South Korea: SEOUL, South Korea - South Korea is experiencing a surge in vegetable and fruit prices, driven by this winter's severe weather con ...; ONLINE TEAM 2025.02.28

Seoul Milk Cooperative Achieves 2 Consecutive Years of 2 Trillion Won Sales: High-Quality Strategy Proves Successful: Seoul Milk Cooperative has once again proven its dominance in the dairy industry by achieving annual sales of over 2 trillion won ...; KO YONG-CHUL Reporter 2025.02.28

Jobplanet Announces '2025 Jobplanet Awards': 11 Best Companies to Work For Selected: Jobplanet, a career platform, announced on the 28th that it has selected 11 of the best companies to work for through the '2025 Jo ...; Hwang Sujin Reporter 2025.02.28

Seoul's Han River Bus Makes Its Debut, Amidst High Hopes and Lingering Doubts: The much-anticipated Han River Bus, a pet project of Seoul Mayor Oh Se-hoon, has finally arrived at the Yeouido pier, marking a si ...; KO YONG-CHUL Reporter 2025.02.28

NVIDIA Surpasses Market Expectations, Alleviating Concerns Over AI Chip Demand Slowdown: NVIDIA, a leader in the artificial intelligence (AI) semiconductor market, has released outstanding financial results that exceede ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

Nvidia's Slump and Tariff War Fears Trigger Sharp Market Decline: NEW YORK – The New York Stock Exchange experienced a significant downturn on Tuesday, with the Nasdaq Composite taking a par ...; Hannah Yeh Reporter 2025.02.28

5 Major Korean Banks See Household Loans Surge by 2.3 Trillion Won in February: The household loans of the five major commercial banks in Korea have surged by over 2 trillion won again this month. It is analyze ...; Desk 2025.02.27

Iran Imposes Export Bans on Key Agricultural Products to Stabilize Domestic Market: TEHRAN – In an effort to ensure domestic market stability, Iran's Ministry of Agriculture has issued export bans on several ...; Global Economic Times Reporter 2025.02.27

Philippine Finance Chief Advocates for US Free Trade Agreement, Open to Auto Tariff Reductions: MANILA – Philippine Finance Secretary Ralph Recto is actively pursuing a free trade agreement (FTA) with the United States, ...; Pedro Espinola Special Correspondent 2025.02.27

Philippines Exits FATF Grey List, Boosting Investor Confidence, Thanks to Stronger AML/CTF Measures: MANILA – The Philippines has been removed from the Financial Action Task Force (FATF) grey list, a development hailed by the ...; Min Gyu Mi Reporter 2025.02.27

Philippines Targets Doubled Halal Trade Revenues by 2025: MANILA – The Philippines aims to significantly boost its halal trade revenues, targeting nearly PHP16 billion by 2025, accor ...; Pedro Espinola Special Correspondent 2025.02.27