Global Economic Times

Top News of the day

2026-08-07 (Fri)

Distribution Economy
Seoul Apartment Monthly Rents Hit Record High Amid Severe Lease Shortage
Photo News
Project Moon Bear: Environmental activists are protecting and managing the bears. -4
World
U.S. Navy and International Fleets Gather in New York for America’s Semiquincentennial Celebration

Global Investment Banks Raise South Korea's 2026 Growth Outlook to Average 3.2%

SEOUL, August 6, 2026 — Major global investment banks (IBs) have upgraded their 2026 real gross domestic product (GDP) growth projections for South Korea for the fourth consecutive month, elevat

Samsung's 'One-Stop AI Memory' vs SK's 'Open Standard': Next-Gen Memory Showdown

Solutions to the 'Memory Wall' emerge for the AI Agent era, presenting contrasting strategies focused on 3D vertical stacking and NAND utilization.Samsung Electronics and SK Hynix have unveile

HEADLINE
North Korea Launches Short-Range Ballistic Missile into East Sea; Seoul Demands Immediate Halt: SEOUL — North Korea launched a short-range ballistic missile off its eastern coast on Thursday, marking its first ballistic missile test in 42 days. In response, South Korea's presidential N

HEADLINE
Goldman Sachs Maintains KOSPI Target at 12,000, Citing "Excessive Market Fear": SEOUL — Global investment bank Goldman Sachs has reaffirmed its "Overweight" rating on the South Korean stock market and maintained its 12-month target for the benchmark KOSPI index

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

HEADLINE
Ministry of Foreign Affairs holds meeting with UN organizations regarding our government's humanitarian aid to Afghanistan: [Global Economic Times] The Ministry of Foreign Affairs held a meeting (both face-to-face and virtually) on humanitarian aid to Afghanistan on October 16, chaired by Lee Kyung-cheol, Special Represent

ICT

DeepSeek Unveils V4-Flash: Delivering Gemini-Class Performance at 1/105th the Cost of Claude Fable

Synthesis

KOSPI’s Drop to 6,000 Level Presents Buying Opportunity; Recovery to 9,300 Within Reach This Year, Says Daeshin Securities

Industry

Lube Base Oil Emerges as Export Lifesaver for South Korean Refiners Amid Middle East Conflict

Distribution Economy

South Korea to End Tax Cuts for Hybrid Vehicles This Year; Incentives for Electric and Hydrogen Cars Extended to 2028

Synthesis

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HD Hyundai Cultivates 'U.S.-Korea Shipbuilding Alliance', Accelerates Cooperation with Top U.S. Defense Shipbuilder

24 hours ago

Korea Tourism Organization to Foster K-Global Festivals Featuring Fairness, Hospitality, and Unique Experiences

3 days ago

Former Samsung Executive and Senior Researcher Arrested Over Massive DRAM Semiconductor Tech Leak to China

5 days ago

Who Pays for Premium Hanwoo Ads and Supermarket Pork Discount Sales? Unveiling the Farmers' 'Shared Wallet'

5 days ago

Why There Is No High-Speed Rail Between Gwangju and Busan: How Seoul-Centric Tracks Are Draining South Korea’s Regions

6 days ago

The Hidden Kitchen Hazard: Why Washing Raw Chicken Could Cause a Food Poisoning Disaster

6 days ago

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Business

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Dutch Investors Eye Expanded Footprint in Việt Nam Amid High Growth and Reform Momentum

5 days ago

Philippine External Goods Trade Jumps 21% in June on Record Exports

5 days ago

Hyundai and Kia to Offer Free Annual EV Inspections Beyond Warranty Period Amid Government Fire Safety Push

5 days ago

South Korea to Import Argentine Crude Oil to Diversify Energy Supply Amid Middle East Turmoil

6 days ago

KT and Amorepacific Complete ‘Data Highway’ Project, Unveiling AI-Specialized Research Platform

9 days ago

Fair Trade Commission to Overhaul Penalty System: Imposing Heavy Fines Based on Corporate Scale

9 days ago

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Industry

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Lee Jae-yong Revives ‘Super-Gap’ DNA: Samsung Unveils zHBM, 8 Times Faster Than HBM5

23 hours ago

Hà Nội Mobilizes AI and E-Commerce Push Across SMEs to Fuel Double-Digit Economic Growth

5 days ago

AI Technology Tackles Pedal Misapplication: SkyAutoNet's 'DrSafe' Designated as Official Public Procurement Innovation Product

5 days ago

Interest Rates Emerge as Key Swing Factor for Metropolitan Housing Market in H2 2026

5 days ago

South Korea’s July Exports Hit Record $98.9 Billion as Semiconductor Supercycle Powers Surge

5 days ago

Amazon's Zoox Wins Historic U.S. Approval for Driverless Robotaxis Without Steering Wheels or Pedals

6 days ago

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Most Viewed

1: Planting Hope: Ethiopia’s Green Legacy and the Power of National Transformation

2: Japan Estimated to Have Spent ¥6–7 Trillion in Fresh Yen-Buying Intervention as US Joint Action Hints Emerge

3: South Korea’s Top Three Mobile Carriers Launch Pre-Orders for Samsung’s Galaxy Z Series with Aggressive Subsidies and Service Bundles

4: S. Korea Accelerates Leveraged ETF Rules: ₩30M Cash Deposit Required Starting July 31

5: KT and Amorepacific Complete ‘Data Highway’ Project, Unveiling AI-Specialized Research Platform

Opinion

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Coupang’s ‘Chameleon Management’ Arbitrarily Switching Its Nationality

The Fall of Korean Football: Questioning the Weight of Responsibility

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

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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South Korea Unveils 'MVNO 2.0' Master Plan: Cuts Wholesale Rates and Spectrum Fees to Revamp Mobile Market

Samsung Electronics Posts Record Quarter on AI Memory Boom, Warns Shortages Will Persist in H2

Samsung Galaxy Z8 Series Pre-Orders See Surge in Young Buyers Ahead of Official Launch

Column

Distribution Economy

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South Korea Unveils 'Productive Finance ISA' to Drive Wealth Creation for Youth and Boost Capital Markets

Regulatory Squeeze Takes Effect: Single-Stock Leverage Trading Volume Collapses 90% Following KRW 30 Million Deposit Mandate

Bank of Korea Shifts Stance to Resume Gold Purchases After 13-Year Hiatus

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