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2026-05-21 (Thu)

U.S. Approves $4.2 Billion Arms Sale to South Korea, Including 42 Multi-Mission Helicopters and Apache Upgrades

WASHINGTON — The Trump administration has approved a massive military sale to South Korea, encompassing multi-mission maritime helicopters and a comprehensive upgrade program for its Apache atta

President, Court Move to Check Looming Samsung Electronics Strike 

SEOUL — South Korean President Lee Jae-myung and the judiciary have both moved to check a looming strike by Samsung Electronics' labor union, scheduled to begin on May 21, calling for restra
Korean Air to Slashing International Fuel Surcharges for June, Easing Burden on Long-Haul Travelers

HEADLINE

Korean Air to Slashing International Fuel Surcharges for June, Easing Burden on Long-Haul Travelers

SEOUL — International flight ticket prices to long-haul destinations, including the United States and Europe, are expected to decline as international fuel surcharges turn downward for the first

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

HEADLINE

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

SEOUL — South Korea’s antitrust watchdog has hit the nation’s five major logistics companies with a combined fine of over 3 billion KRW. The penalties come after the firms were caugh

Iran Raises 'False Flag' Possibility Over Attack on South Korean Vessel, Blames US and Israel for Regional Instability

HEADLINE

Iran Raises 'False Flag' Possibility Over Attack on South Korean Vessel, Blames US and Israel for Regional Instability

SEOUL/TEHRAN — The Iranian Foreign Ministry announced on Monday (local time) that it shares South Korea’s skepticism regarding the perpetrators behind the recent attack on the South Korean

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

HEADLINE

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

SUWON, South Korea — Despite a court ruling that largely granted Samsung Electronics’ request for an injunction against illegal labor strikes, the company’s primary labor union annou

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

Industry

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

Well+Being

National Pension Service and U.S. SSA Partner for In-Person Consultations to Resolve Pension Delivery Issues 

Distribution Economy

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

Industry

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

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Synthesis

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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

“From APEC to PATA” Gyeongbuk Emerges as a Global Tourism Hub

6 days ago

Flower of Asia-Pacific Tourism Cooperation Blooms in Gyeongju: Unveiling of 'PATA Small Garden'

6 days ago

"AI as a Shield": Fitch Affirms South Korea's Ample Fiscal Space Amid Global Headwinds

7 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

2 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

6 days ago

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

6 days ago

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

7 days ago

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

8 days ago

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Industry

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

2 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

Targeting the $360 Billion Nuclear Decommissioning Market: South Korea Takes Lead in Establishing World-First International Standards

3 days ago

The Unstoppable Semiconductor Rally: Why This 'Crazy' Surge Might Last Longer Than Expected Despite Overheating Fears

10 days ago

Samsung Electronics Shifts Strategy in China: Moving from Hardware Sales to Platform-Based Business

13 days ago

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Banking War 2.0: South Korean Banks Race to Transition into 'AI-First' Institutions
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Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility
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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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"The Beast" Lands in Beijing: Massive Security Detail Precedes Trump’s High-Stakes Visit
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NATO Invites IP4 Nations, Including South Korea and Japan, to Join "Starlift" Space Initiative
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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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Anthropic Permits External Sharing of Cyber Threat Intelligence Derived from 'Mythos' AI

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

Dell and Nvidia Join Forces to Blueprint the Next Generation of ‘AI Factories’

Column

Distribution Economy

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Domestic Mapping Giants Outpace Google in Q1 User Growth, Solidifying Local Dominance

Domestic Mapping Giants Outpace Google in Q1 User Growth, Solidifying Local Dominance

"Capital Gains Tax Lockdown": Seoul Apartment Prices Surge as Sellers Retract Listings
"Capital Gains Tax Lockdown": Seoul Apartment Prices Surge as Sellers Retract Listings
Hana Financial Group Injects $750 Million into Dunamu to Spearhead Digital Asset and Blockchain Revolution
Hana Financial Group Injects $750 Million into Dunamu to Spearhead Digital Asset and Blockchain Revolution
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