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2026-05-22 (Fri)

Shinsegae Chairman Chung Yong-jin Faced with Legal Complaints Over Starbucks ‘Tank Day’ Controversy

SEOUL — Shinsegae Group Chairman Chung Yong-jin and former Starbucks Korea CEO Son Jung-hyun are facing formal criminal complaints charging them with insult and defamation. The legal escalation

Samsung Electronics Narrowly Avoids Strike with Landmark Compensation Deal

SUWON, South Korea — Samsung Electronics management and its labor union have reached a dramatic tentative agreement on wage and performance incentives, narrowly averting a catastrophic strike ju
HMM Tanker Begins Safe Passage Through Strait of Hormuz; Foreign Minister Cho Says Negotiations Underway for Remaining 25 Vessels

HEADLINE

HMM Tanker Begins Safe Passage Through Strait of Hormuz; Foreign Minister Cho Says Negotiations Underway for Remaining 25 Vessels

SEOUL — A South Korean ultra-large crude carrier trapped in the Strait of Hormuz has successfully initiated its passage through the volatile waterway following rigorous diplomatic consultations

From 'DAL-e' to 'Spot': Hyundai Motor Group Transforms Yangjae Headquarters into an Advanced AI Robotics Testbed

HEADLINE

From 'DAL-e' to 'Spot': Hyundai Motor Group Transforms Yangjae Headquarters into an Advanced AI Robotics Testbed

SEOUL – Hyundai Motor Group (the Group) announced today the grand reopening of its Yangjae headquarters lobby, establishing a cutting-edge testbed that seamlessly integrates daily corporate oper

South Korea’s Mid-May Exports Hit Record High of $52.7 Billion, Propelled by Semiconductor Boom

HEADLINE

South Korea’s Mid-May Exports Hit Record High of $52.7 Billion, Propelled by Semiconductor Boom

SEOUL — South Korea’s exports during the first 20 days of May surged to a historic high for the period, driven by an explosive, triple-digit growth in semiconductor shipments. The robust p

South Korea's Big Three Telcos Complete Filings for Network-Agnostic Integrated Mobile Plans; SK Telecom Slated for July Launch

HEADLINE

South Korea's Big Three Telcos Complete Filings for Network-Agnostic Integrated Mobile Plans; SK Telecom Slated for July Launch

SEOUL — South Korea's three major mobile network operators have officially finalized the necessary regulatory reporting procedures to introduce unified telecom service packages. This strateg

Fashion Runway Show 2026

HEADLINE

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

HEADLINE

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

[Global Economic Times] Jeju Special Self-Governing Province is the first in the country to implement a ‘used blanket circular economy pilot project’. Jeju Island signed a business agreem

Distribution Economy

“Buying Watermelons and Rice at Convenience Stores” — CU Launches First 'Smart Grocery' Store to Target Neighborhood Shoppers

Synthesis

Starbucks Korea’s ‘Tank Day’ Blunder Triggers Broad Shinsegae Stock Sell-Off

ICT

Apple Blocks Over $2.2 Billion in Fraudulent App Store Transactions, Terminating Billions of Malicious Accounts

Synthesis

In the AI Era, CEOs Must Transfigure into ‘Total Experience Owners’ (CXOs), Asserts Douzone Bizon Co-CEO Ji Yong-goo

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Synthesis

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FTC Slams Korea's Top 5 Courier Giants with 3 Billion Won Fine Over 'Unfair Contracts'

3 days ago

Samsung Electronics Union to Push Ahead with May 21 Strike Despite Court Injunction

3 days ago

President, Court Move to Check Looming Samsung Electronics Strike 

3 days ago

South Korea Toughens Liquidity Rules for Brokerages to Prevent Second 'Legoland Crisis'

3 days ago

LG Electronics Overtakes Samsung to Secure Government Contract for Vulnerable Households' Air Conditioners

3 days ago

Beyond Payments: Naver, Kakao, and Toss Accelerate Transition to Comprehensive Financial Platforms

3 days ago

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Business

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Ministry of SMEs and Startups Doublos Support for Open Innovation to Boost Startup Growth Ladder

3 days ago

AI Set to Displace White-Collar Positions by 2035, National Employment Report Forecasts Massive Shift

3 days ago

AIDC Emerges as New Growth Engine for Telcos, Filling the Void Left by Stagnant Wireless Revenues

7 days ago

Gyeongbuk Province to Intensely Nurture 8 'K-Global Leaders' to Expand Export Territory for Manufacturing SMEs

7 days ago

"Chasing Samsung & SK Hynix": Semiconductor ETFs Soar While Inverse Products Plunge

8 days ago

SK hynix CEO Kwak Noh-jung Meets Bill Gates and Satya Nadella to Solidify AI Memory Alliance

9 days ago

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Industry

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EV Sales Surge in Domestic Market While Exports Suffer Amid Prolonged Middle East Risks

16 hours ago

Chinese Semiconductor Hub Shanghai Courts South Korean Suppliers to Bypass U.S. Tech Blockade

3 days ago

Will Samsung Finally Unlock the Smart Glasses Era After a Decade of Anticipation?

3 days ago

Samsung Electronics Q1 Salaries Hit Record High, Averaging $9,000 a Month

3 days ago

Mercedes-Benz Korea Opens Pre-Orders for Flagship Luxury: The New S-Class and Maybach S-Class Prepare for Domestic Takeover

3 days ago

Man vs. Machine: Human Worker Edges Out Figure 03 Humanoid in Grueling 10-Hour Warehouse Showdown

3 days ago

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Banking War 2.0: South Korean Banks Race to Transition into 'AI-First' Institutions
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World’s Largest IP Event ‘INTA 2026’ Concludes in London: Discussing AI Transformation and the Future of Intellectual Property
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NATO Invites IP4 Nations, Including South Korea and Japan, to Join "Starlift" Space Initiative
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Celltrion’s Zymfentra Sees Explosive 300% Growth, Hits Record Quarterly Prescriptions in the U.S.
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Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests
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Opinion

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The Essence of the Dec. 3 Martial Law: The Deception of 'National Security' and the Violation of the Constitutional Order for Private Interest

The Lessons of Kodak’s Bankruptcy: Past Glory and Disruptive Innovation

"Myungryun Jinsa Galbi" Used Public Funds for Loan Sharking: Where Was the Government?

How Long Must the Global Village Be Toyed with by Donald Trump?

Photo News

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ICT(Information and Communication Technology)

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Nvidia Hits Record Revenue for 12th Consecutive Quarter, Yet After-Hours Shares Edge Lower

Anthropic Permits External Sharing of Cyber Threat Intelligence Derived from 'Mythos' AI

Survival of the Fittest: Global Automakers Enter Fierce 'AI Talent Arms Race'

Column

Distribution Economy

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K-Bank’s SOHO Loan Portfolio Surpasses 3 Trillion Won, Striking a Perfect Balance Between Growth and Financial Health

K-Bank’s SOHO Loan Portfolio Surpasses 3 Trillion Won, Striking a Perfect Balance Between Growth and Financial Health

Korean Air to Slashing International Fuel Surcharges for June, Easing Burden on Long-Haul Travelers
Korean Air to Slashing International Fuel Surcharges for June, Easing Burden on Long-Haul Travelers
Domestic Mapping Giants Outpace Google in Q1 User Growth, Solidifying Local Dominance
Domestic Mapping Giants Outpace Google in Q1 User Growth, Solidifying Local Dominance
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