Global Economic Times

Top News of the day

2026-07-02 (Thu)

Distribution Economy
Hana Financial Group Expands Global Footprint with $100 Million Capital Injection into U.S. Subsidiary
Business
Conatel: "5G Bidding Will Prevent Rate Hikes"
World
U.S. Forces Eliminate Fugitive Leader of Notorious Venezuelan Megagang 'Tren de Aragua' in High-Stakes Military Operation

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

Gaming, once considered an accessible form of entertainment, is rapidly transforming into a "luxury hobby" that demands a significant financial commitment. As prices for console hardware,

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

In a monumental shift that marks the end of an era for one of South Korea’s most prominent game developers, Park Kwan-ho, the founder and chairman of Wemade, has announced the full divestment of

HEADLINE
Tehran Sets Strict 60-Day Deadline for Free Passage in Strait of Hormuz Amid Stalled Peace Talks: TEHRAN — In a move that significantly escalates tensions surrounding the world’s most critical maritime chokepoint, Iranian parliamentary speaker and chief negotiator Mohammad Bagher Ghali

HEADLINE
Koscom Overhauls Organizational Structure to Spearhead AI and Data Initiatives: In a strategic move to navigate the rapidly evolving financial landscape and bolster its competitive edge in core future businesses, Koscom, the leader in South Korea’s capital market IT infrast

HEADLINE
Semiconductor Substrate Industry Faces Growth Hurdles Amid Exclusion from Price-Indexing System: Despite the current super-cycle in the semiconductor market, the substrate industry—a critical backbone of the tech ecosystem—is struggling to maintain its momentum. The primary culprit be

HEADLINE
NH NongHyup Life Insurance Leads Landmark 165 Billion Won Project Finance for Eco-Friendly BESS in Gwangyang: GWANGYANG, South Korea — In a historic move for the South Korean insurance sector, NH NongHyup Life Insurance (NH Life) announced on Tuesday that it has successfully acted as the lead arranger f

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

Ko Yong-chul Column

SMEs Urge Government Support for AI Adoption as Hurdles Persist

Distribution Economy

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

Industry

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

Synthesis

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

Synthesis

more +

Seoul Court Sentences Former First Lady Kim Keon-hee to Seven Years for Influence Peddling

3 days ago

South Korea Lodges Protest After Chinese and Russian Warplanes Breach KADIZ

3 days ago

Escalating Crisis: Teenage Drug Offenders Caught in Repeat Crimes Amidst "Telegram Drug Events"

3 days ago

Kakao Union Stages "Logout Day" Strike Amidst Stalled Bonus Negotiations

3 days ago

6223 Future Forum, Guest Speaker Kim Jin-myung… Ulsan Dreams of Leaping into a Future Cultural City through the Spirit of Hangeul

4 days ago

Seoul Metro to Ban Personal Mobility Devices and High-Capacity Lithium Batteries Starting July

5 days ago

+ more

Business

more +

South Korea to Ban Unapproved Biocidal Products Starting July 1

3 days ago

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

3 days ago

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

3 days ago

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

3 days ago

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

5 days ago

BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won

5 days ago

+ more

Industry

more +

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

3 days ago

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

3 days ago

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

3 days ago

President Lee Challenges Opposition Claims Regarding Honam Semiconductor Cluster

3 days ago

President Lee Jae-myung Unveils "Three Major Mega-Projects" to Drive National Leap Forward; Massive Honam Semiconductor Investment Announced

3 days ago

Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

5 days ago

+ more

Most Viewed

1: Embassy of Pakistan in Seoul Hosts Commemorative Event for the 150th Birth Anniversary of Muhammad Ali Jinnah

2: KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won

3: Weight-Loss Drugs Like Wegovy Show Promise in Treating Male Infertility

4: The Changing Landscape of K-Beauty Jobs: Big Names Shrink as ODM and Beauty-Tech Firms Lead Growth

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

Opinion

more +

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)

more +

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"

Korea's Exports Hit Record High in Mid-June, Driven by Semiconductor Surge

Column

Distribution Economy

more +

Algorithms Over Quality: How Platform Self-Preferencing Distorts Consumer Choices

Kioxia Employees Join Ranks of Multi-Millionaires Amidst Semiconductor Boom

Bitcoin Bet Backfires: KOSDAQ Firms Face Delisting Risks Amidst Heavy Losses

Top News of the day

Synthesis

Business

Industry

Most Viewed

Opinion

Photo News

ICT(Information and Communication Technology)

Column

Distribution Economy

World

Sports

Korean Wave News

People & Life

Arts&Culture

New Book Guide