Global Economic Times

2026.05.08 (Fri)
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YouTube CEO: AI Tools to Break Down Language Barriers in Content Industry

(C) LatestLY LOS ANGELES — Neal Mohan, CEO of YouTube, identified language as the single greatest obstacle between global creators and audiences, emphasizing that Artificial Intelligence (AI) w
Samsung Electronics Shuffles TV Leadership Amid Intensifying "Emergency Management" and Market Headwinds

SEOUL – Samsung Electronics, the world’s leading television manufacturer, announced a high-profile leadership reshuffle for its visual display business on Monday. The move comes as the Sou

Hyundai Steel to Spearhead Next-Gen Power Infrastructure as Future Growth Engine

SEOUL – Hyundai Steel announced on Thursday its strategic roadmap to dominate the burgeoning next-generation power infrastructure steel market. Leveraging its comprehensive product portfolio&mda

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Hungary Caps Guest Worker Permits to 35,000 in 2025: Budapest – Minister for National Economy Márton Nagy has decided to cap the maximum number of guest worker residence ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Buy Now, Pay Later: A Risky Holiday Trend: San Juan, Puerto Rico – Buy Now, Pay Later (BNPL) services have become increasingly popular among online shoppers, especiall ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Oil Prices Edge Lower on Friday, but Set for Weekly Gain: RIYADH – Oil prices were little changed on Friday but were poised for a weekly gain amid optimism that economic stimulus eff ...; Graciela Maria Reporter 2024.12.27

Korean Consumers Get More Protection in New Consumer Dispute Resolution Standards: Seoul, South Korea – The Fair Trade Commission (FTC) announced today that it has finalized revisions to the Consumer Dispute ...; Hwang Sujin Reporter 2024.12.27

South Korea and the Philippines to Deepen Economic Ties with New FTA: Seoul, South Korea – South Korea and the Philippines are set to bolster their economic relationship as the Korea-Philippines ...; Hwang Sujin Reporter 2024.12.26

Small Businesses Crumble Under Economic Pressure: Seoul, South Korea – South Korea's small and medium-sized enterprises (SMEs) are facing an unprecedented crisis as the prolo ...; Hwang Sujin Reporter 2024.12.26

Norges Bank Holds Rates Steady, Signals Easing Soon: Oslo - Norges Bank Governor Ida Wolden Bache announced on Thursday that the key interest rate will remain at 4.5%, marking a conti ...; Ana Fernanda Reporter 2024.12.25

Uber Acquires Remaining Stake in UT, Strengthening Its Position in South Korea: Seoul, South Korea – Uber, the global ride-sharing giant, announced on [Date] that it will acquire the remaining stake in UT ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Franchise Industry Surpasses 300,000 Outlets in South Korea: Seoul, South Korea – The number of franchise outlets in South Korea exceeded 300,000 for the first time last year, according ...; ONLINE TEAM 2024.12.25

Online Shopping Scams Surge During Pandemic, Shift in Tactics and Targets: Seoul, South Korea – The COVID-19 pandemic has led to a significant shift in the tactics and targets of online shopping scam ...; Desk 2024.12.25

Crypto Investment Surges in South Korea as Trump Victory Boosts Market: Seoul, South Korea – The number of cryptocurrency investors in South Korea has surpassed 15 million for the first time, acco ...; Desk 2024.12.25

Mexico's Inflation Slows for Third Consecutive Fortnight: Mexico City, Mexico – Mexico’s inflation rate continued its downward trend, decelerating for the third consecutive for ...; Ana Fernanda Reporter 2024.12.25

Mercadona to Boost Employee Salaries by 8.5% in 2025: Madrid, Spain – Mercadona, one of Spain's largest supermarket chains, has announced a significant 8.5% salary increase for i ...; Eugenio Rodolfo Sanabria Reporter 2024.12.24

El Salvador Eyes New Trade Deal with Mercosur, Opening Up Southern Markets: San Salvador, El Salvador – The Salvadoran Corporation of Exporters (Coexport) has expressed enthusiasm over the potential f ...; Ana Fernanda Reporter 2024.12.24

Kwale Governor Invites Investors, Seeks Indonesian Collaboration: Kwale, Kenya - Kwale Governor Fatuma Achani has extended an invitation to both local and international investors to consider inves ...; Graciela Maria Reporter 2024.12.23

Korean Air Expands In-Flight Wi-Fi Service: Seoul, South Korea – Korean Air has significantly expanded its in-flight Wi-Fi service, with one in four of its fleet now eq ...; Hwang Sujin Reporter 2024.12.23

Kakao Commits to Substantial Shareholder Returns: Kakao, a leading South Korean technology company, has announced a significant enhancement to its shareholder return policy. The co ...; JEONG CHAN MYEONG Senior Reporter 2024.12.22

South Korea Expedites SME Support Programs to Boost Economy: The South Korean government is racing to bolster its economy by fast-tracking the implementation of next year's budget and expandi ...; Desk 2024.12.22

Grau Avenue Merchants Given 10-Day Ultimatum to Improve Safety Measures: Lima, Peru – December 21, 2024 – The Superintendence of Labor Inspection (Sunafil) has issued a 10-day deadline for th ...; Pedro Espinola Special Correspondent 2024.12.22

Peru's Retail Sector to See 5% Increase in Holiday Sales: Lima, Peru – Peru's retail industry is poised for a strong holiday season, with projected sales of 14 billion soles, a 5% in ...; Ana Fernanda Reporter 2024.12.22