Global Economic Times

Top News of the day

2026-07-06 (Mon)

World
Trump Administration Reportedly Postponing Semiconductor Tariff Amid Geopolitical and Inflation Concerns
Distribution Economy
Gold and Silver Prices Surge to Record Highs: Analysts Predict Further Upside Amid Favorable Macro Conditions
Distribution Economy
Traffic Congestion Levy Stifles Support for Small Businesses

Hanwha Announces 55 Trillion Won Investment to Propel South Korea as a Global AI Space Powerhouse

In a bold move to establish South Korea as a global leader in AI and aerospace, Hanwha Group announced on July 3rd that it will invest 55 trillion won (approximately $40 billion) by 2040. The announce

Samsung Foundry Gains Momentum: Anthropic in Talks for AI Chip Production

Samsung Electronics’ foundry business is signaling a potential major milestone, as reports emerge that the company is in discussions with Anthropic, a leading global artificial intelligence (AI)

HEADLINE
South Korea Unveils Bold Space Ambitions: Aiming for Sovereign Low-Orbit Satellite Network by 2035: SEOUL — The South Korean government has announced an ambitious "Space and Aerospace Industry Development Strategy," aimed at securing the nation's position as a global leader in

HEADLINE
NATO Declares European Allies Have Largely Offset US Troop Reductions: NATO has announced that European allies have successfully filled most of the security gaps created by the reduction of US forces stationed in Europe, signaling a significant shift toward a more self-r

HEADLINE
German Prosecutors Accuse Ukrainian Government of Orchestrating Nord Stream Pipeline Bombing: BERLIN — In a development that threatens to send seismic shocks through European geopolitics, German federal prosecutors have formally accused the Ukrainian government of masterminding the 2022

HEADLINE
Fashion Runway Show 2026

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

HEADLINE
China’s online public opinion manipulation goes beyond Korea: [GLOBAL ECONOMIC TIMES] Recently, the reality of online public opinion manipulation originating from China has been revealed, raising both shock and serious concern. Beyond simple competition, China

Arts&Culture

4 Botanical Gardens in the Seoul Metropolitan Area for a Perfect Summer Escape

Well+Being

Regular Coffee Consumption Linked to Lower Risk of Liver Disease: Study

World

Europe Gripped by Deadly Heatwave: Over 2,000 Deaths Reported in France and Spain

Industry

LG Energy Solution-Honda Joint Venture Commences ESS Battery Cell Mass Production in the U.S.

Synthesis

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South Korean National Assembly Rebuts U.S. House Judiciary Committee’s Criticism Over Coupang Hearing

2 days ago

Former Lawmaker Yoo Seong-min Booked by Police Over Allegations of Nepotism in Daughter’s Faculty Appointment at Incheon National University

2 days ago

U.S. and South Korea Clash Over Investigation into Coupang Amid Trade Concerns

2 days ago

Can AI Help Us Decode the Language of Animals? The Dawn of Interspecies Communication

2 days ago

Experiencing Eight Islands with Your Entire Body: A Preview of the 2026 Yeosu World Island Exhibition

3 days ago

NIA Launches ‘AI Policy Center’ to Bridge Policy, Legal Frameworks, and Industrial Reality

5 days ago

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Business

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Koscom Overhauls Organizational Structure to Spearhead AI and Data Initiatives

5 days ago

South Korea to Ban Unapproved Biocidal Products Starting July 1

7 days ago

Hyundai and Kia Shine at Cannes Lions 2026: Bridging Technology, Environment, and Culture

7 days ago

Samsung Biologics Union Breaks Away from Samsung Group’s Supra-Corporate Union: A Strategic Shift Toward Independence

7 days ago

The "Tail Wagging the Dog": How Single-Stock Leverage ETFs are Destabilizing the Korean Stock Market

7 days ago

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

9 days ago

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Industry

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South Korea to Implement Facial Recognition for Mobile Phone Activation Starting July 6

5 days ago

Wemade’s Founder Exits: Chinese Investment Firm NeoPulse Becomes Largest Shareholder in 920 Billion Won Mega-Deal

5 days ago

The Rising Cost of Play: Is Gaming Becoming an Exclusive Luxury?

5 days ago

Resurgence in the Gaming Market: How Korean Developers Master the 'Chart Reversal' Through Strategic Content

7 days ago

HD Hyundai Electric’s Cheongju Campus: A Paradigm Shift in Smart Manufacturing for the AI Era

7 days ago

The “AI-flation” Crisis: Memory Shortage Threatens Consumer Tech Ecosystem

7 days ago

+ more

Most Viewed

1: The Rediscovery of Pakistan: Mediating Between the United States and Iran

2: Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

3: Masayoshi Son: AI-Driven Cyber Threats Pose "Worst Crisis for Japan Since the Black Ships"

4: Taiwan Launches 'Instant War Readiness Drill' Amidst China's Maritime Exercises

5: Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput

Opinion

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The Fall of Korean Football: Questioning the Weight of Responsibility

The True Face of Our Politics After Stripping Away the Mask of Fairness

The Word of a U.S. President Worth Less Than a Dollar

A Feast of Algae Created by 21.5 Billion Won in Taxes: Where Has Public Accountability Gone?

ICT(Information and Communication Technology)

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Semiconductor Substrate Industry Faces Growth Hurdles Amid Exclusion from Price-Indexing System

Samsung Electronics Launches Aggressive AI Chip Offensive with HBM4 and UFS 5.0

Masayoshi Son: AI-Driven Cyber Threats Pose "Worst Crisis for Japan Since the Black Ships"

Column

Distribution Economy

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Shake Shack Celebrates 10th Anniversary in Korea with Exclusive 'Heritage Collection' Collaboration

NH NongHyup Life Insurance Leads Landmark 165 Billion Won Project Finance for Eco-Friendly BESS in Gwangyang

Yen and Won Hit Critical Lows as 'Strong Dollar' Fears Grip Asian Markets

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