Global Economic Times

2026.05.08 (Fri)
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Specialty Alloy Market Booms, Korean Giants SeAH and Poongsan Accelerate Investment: Driven by the growth in the defense and rocket markets, South Korean steel giants like SeAH and Poongsan, known as "strong players ...; Global Economic Times Reporter 2025.10.19

South Korea 'Trapped': OECD Shock as Tax Revenue Plummets: SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to ...; Desk 2025.10.19

43-Year-Old Chung Ki-sun Takes Helm of HD Hyundai, Driving New SMR and Smart Ship Ventures: Chung Ki-sun, stepping up from Senior Vice Chairman after two years, has been named Chairman of HD Hyundai Group. This move, annou ...; Global Economic Times Reporter 2025.10.19

Samsung Heiresses to Sell $1.3 Billion Worth of Samsung Electronics Shares for Inheritance Tax: SEOUL – The controlling family of Samsung Group is set to dispose of a massive block of Samsung Electronics shares, valued a ...; Global Economic Times Reporter 2025.10.19

The Shadow Banking Nexus: A New Crisis Epicenter: The IMF identifies the non-bank financial sector (NBFI)—or 'shadow banking'—as the most significant structural threat ...; Eugenio Rodolfo Sanabria Reporter 2025.10.19

Chocolate Prices Hold Steady Despite Cocoa Cost Drop: A Look at Korean Confectioners' Challenges: Despite a sharp decline in international cocoa prices, which have plummeted by over half since the beginning of the year, major So ...; Global Economic Times Reporter 2025.10.19

Korean Food Festival Captivates Beijing as Bilateral Ties Thaw: BEIJING – A vibrant "K-Food Festa" held in Beijing last week successfully showcased the growing global appeal of Korean cuis ...; Global Economic Times Reporter 2025.10.19

From Fads to Fixtures: Korean Food Aims for Global Permanence: NEW YORK – The conversation surrounding Korean cuisine’s global ascendance took on a forward-looking, cautionary tone ...; Global Economic Times Reporter 2025.10.19

Global Chip War Intensifies: Micron Woos Korean Engineers with Lucrative Offers, Up to 200 Million KRW Salary: SEOUL – Micron Technology, the U.S.-based global third-largest memory semiconductor company, is aggressively ramping up its ...; Hwang Sujin Reporter 2025.10.19

Trump Tees Off with Asian Business Titans: Tariffs and Investment in Focus: Florida – U.S. President Donald Trump engaged in a high-profile golf summit with top business executives from South Korea, J ...; Global Economic Times Reporter 2025.10.19

Global Business Leaders Converge on Gyeongju: 1,700 Executives Attend APEC CEO Summit: GYEONGJU, GYEONGBUK – Over 1,700 global business leaders, including Jensen Huang, founder and CEO of Nvidia, and Matt Garman ...; KO YONG-CHUL Reporter 2025.10.19

REGIONAL BANK STOCKS REBOUND AS MOODY'S DISMISSES 'SYSTEMIC RISK,' YET OPAQUE PRIVATE CREDIT MARKET CONCERNS PERSIST: U.S. regional bank stocks, including Jefferies, Zions Bancorp, and Western Alliance, staged a significant rebound on October 17 fo ...; Ana Fernanda Reporter 2025.10.19

World Korean General Federation Chairman Ko Sang-gu Visits ‘Cambodia Incident’ Site, Expresses “Concern Over Exaggerated Media Reports, Urgent Need for Prudent National Response”: Phnom Penh, Cambodia – World Korean General Federation (WKGF) Chairman Ko Sang-gu made an unannounced visit to Cambodia to a ...; Global Economic Times Reporter 2025.10.19

Lithium Battery Fire Forces Emergency Landing of Air China Flight to Incheon: SHANGHAI/BEIJING – An Air China flight bound for Incheon International Airport in South Korea was forced to make an emergenc ...; Yim Kwangsoo Correspondent 2025.10.18

Cinderella Story Brews as Lee Yul-lin Shatters Course Record at Wow-Net Open: YANGJU, South Korea — Lee Yul-lin, a third-year player on the Korea Ladies Professional Golf Association (KLPGA) Tour, has r ...; Desk 2025.10.18

From Formal to 'Fine-Casual': Asia Pacific Embraces Culinary Comfort and Experience: SEOUL, South Korea — A seismic shift is underway in the Asia Pacific dining scene, with traditional fine dining making way f ...; Global Economic Times Reporter 2025.10.18

Uninhabited Dakseom Island Opens for Pioneer Off-Grid Camping Experience: HAENAM, Jeollanam-do — The Korea Tourism Organization (KTO) has announced a highly exclusive and anticipated "Off-Grid Campi ...; Hwang Sujin Reporter 2025.10.18

Surge in Visitors Sparks Debate: Should Korea's National Museum of Korea Charge Admission?: SEOUL, KOREA — The National Museum of Korea (NMK) has achieved an unprecedented attendance record, welcoming over five milli ...; Global Economic Times Reporter 2025.10.18

"Bring Your Handkerchiefs": Ko Sun-woong's Sorikkuk 'Seopyeonje' Premieres at National Jeongdong Theater: SEOUL – Acclaimed director Ko Sun-woong has unveiled his latest work, the sorikkuk (a traditional Korean vocal drama) 'Seopy ...; ONLINE TEAM 2025.10.18

Energy Storage Projects Soar in Spain, Surge Driven by Post-Blackout Urgency: MADRID – The Spanish energy sector witnessed a sharp acceleration in the development of energy storage projects during the t ...; Graciela Maria Reporter 2025.10.18