Global Economic Times

2026.06.28 (Sun)
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Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

SEOUL – On June 25, 2026, Google Play, in collaboration with the Ministry of SMEs and Startups (MSS) and the Korea Institute of Startup and Entrepreneurship Development (KISED), held the '20
BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won

BUSAN — BYD Korea made a significant move in the domestic automotive market on June 26, unveiling its first plug-in hybrid (PHEV) model, the ‘Sealion 6 DM-i,’ at the 2026 Busan Mobil

Minister Kim Secures Breakthrough in EU Steel Quota Negotiations; Eyes Major Submarine Contract in Canada

SEJONG – South Korea’s Minister of Trade, Industry and Energy, Kim Jung-kwan, announced on June 22 that the government has reached a "positive consensus" with the European Unio

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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 Senior Reporter 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 Senior Reporter 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

Goldman Sachs Quits Net-Zero Banking Alliance: NEW YORK – Goldman Sachs has announced its withdrawal from the Net-Zero Banking Alliance (NZBA), a coalition aimed at aligni ...; Yim Kwangsoo Correspondent 2024.12.08

West Seattle Link Extension Displaces Businesses, Sparks Compensation Debate: Seattle, WA – The highly anticipated West Seattle Link Extension project, a 4.1-mile route with four new stations unveiled b ...; Hannah Yeh Reporter 2024.12.07

Amazon Pulls Out of Seattle Office, Impacting Local Businesses: Seattle, WA – Amazon's recent decision to vacate its office space at Met Park North in South Lake Union has left local busin ...; Hannah Yeh Reporter 2024.12.07

South Korea's Job Market Sees Slowest Growth in Years: Seoul, South Korea – South Korea's job market experienced its slowest growth in 2023 since data collection began in 2016, ac ...; Desk 2024.12.07

One-Stop Export and Order Support Task Force Addresses Challenges in South Korea's Defense Industry: Seoul, South Korea – The One-Stop Export and Order Support Task Force has stepped in to alleviate the challenges faced by So ...; Hwang Sujin Reporter 2024.12.07

Kenyan Private Sector Sees Uptick in November: Stanbic Bank PMI: Nairobi, Kenya – The Kenyan private sector experienced a notable improvement in business conditions during November 2024, as ...; Eugenio Rodolfo Sanabria Reporter 2024.12.07

Taco Bell Unveils First-Ever ‘Live Más’ Café in Southern California: Chula Vista, CA – Taco Bell is set to revolutionize the fast-food dining experience with the grand opening of its first-ever ...; Ana Fernanda Reporter 2024.12.07

Chipotle Raises Prices to Offset Costs and Maintain Portion Sizes: DENVER, CO – Chipotle Mexican Grill is implementing a 2% price increase across its U.S. locations. The move, effective immed ...; Ana Fernanda Reporter 2024.12.07