Global Economic Times

2026.06.28 (Sun)
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Traffic Congestion Levy Stifles Support for Small Businesses: Seoul — The "Happy Department Store" (Haengbokhan Department Store), established by the South Korean government to support s ...; Desk 2025.10.22

S. Korea Ramps Up Cybersecurity with Sweeping Measures: In a decisive move to counter the rising wave of cyberattacks, the South Korean government, led by Deputy Prime Minister and Minis ...; KO YONG-CHUL Reporter 2025.10.22

Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy: Gmarket, now a subsidiary of the joint venture (JV) between Shinsegae Group and Alibaba Group, has unveiled an ambitious plan to i ...; Ana Fernanda Reporter 2025.10.22

Arc Flash Horror: Uncertified Adapter Blamed for Fiery Tesla Charging Explosion in Canada: HOPE, BRITISH COLUMBIA — A Tesla driver was violently thrown to the ground and injured in a high-voltage electrical explosio ...; Ana Fernanda Reporter 2025.10.22

Chinese Researchers Unveil Ultra-Fast Analog Chip, Targeting 1,000x Nvidia Speed: Beijing, China—A team of researchers from Peking University, led by Professor Sun Zhong, has achieved a major breakthrough i ...; Pedro Espinola Special Correspondent 2025.10.22

APEC Summit to Feature Public Display of 'Joksaem Tomb No. 44' Reconstruction Experiment, Allegedly Tomb of Silla Princess: The construction process of Gyeongju Joksaem Tomb No. 44, presumed to be the grave of a young Silla royal woman (a princess), will ...; KO YONG-CHUL Reporter 2025.10.22

Flowers of Friendship Bloom in Kumamoto for the 60th Anniversary of Korea-Japan Normalization: To commemorate the 60th anniversary of the normalization of diplomatic relations between Korea and Japan, the 'Korea-Japan Cultura ...; Global Economic Times Reporter 2025.10.22

EU States Agree to Complete Phase-Out of Russian Gas by End of 2027: LUXEMBOURG — European Union member states have reached a landmark agreement to fully phase out all remaining Russian gas imp ...; Graciela Maria Reporter 2025.10.21

WestJet Sparks Outcry with Paid Recline Option on Economy Seats: CALGARY, AB—Canadian low-cost carrier (LCC) WestJet has ignited a fierce debate after confirming plans to convert the reclin ...; Hwang Sujin Reporter 2025.10.21

U.S. H-1B Visa Fee Hike: New $100,000 Charge Primarily Targets Overseas Applicants: SEOUL/WASHINGTON D.C. — The controversial $100,000 fee increase for the U.S. H-1B specialty occupation visa, announced last ...; Eunsil Ju Reporter 2025.10.21

US Ships to be Built in South Korea: Washington Considers Easing Protective Maritime Laws for Alliance Shipbuilding Cooperation: The Donald Trump administration is reportedly giving serious consideration to a measure that would partially open the US shipbuild ...; KO YONG-CHUL Reporter 2025.10.21

South Korea to Drastically Increase Domestic LNG Shipping Rate to 70%: SEOUL — The South Korean government is pushing a bold plan to mandate that domestic shipping companies handle 70% or more of ...; Global Economic Times Reporter 2025.10.21

'Export Boom-Up Korea Week' Kicks Off as Nation Prepares to Host APEC: SEOUL—South Korea has launched its largest-ever national export campaign, the '2025 Export Boom-Up Korea Week,' utilizing th ...; Global Economic Times Reporter 2025.10.21

Japan Elects Ultraconservative Sanae Takaichi as First Female Prime Minister: The 'Female Abe' Ascends: The election of Sanae Takaichi as Japan's first female Prime Minister on October 21, 2025, has placed a spotlight on her long and ...; Ana Fernanda Reporter 2025.10.21

Trump Pressured Zelensky to 'Accept Russia's Demands or Be Destroyed,' Report from FT Reveals: Washington D.C. — A highly contentious meeting reportedly took place on October 17 at the White House between U.S. President ...; Ana Fernanda Reporter 2025.10.20

Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump: Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announ ...; Hwang Sujin Reporter 2025.10.20

NATO Deputy Secretary General Pledges to Strengthen Substantive Cooperation with South Korea, Including Defense Industry: SEOUL - Radmila Šekerinska, Deputy Secretary General of the North Atlantic Treaty Organization (NATO), announced her intent ...; KO YONG-CHUL Reporter 2025.10.20

Uruguay Becomes First Latin American Country to Legalize Euthanasia by Law: MONTEVIDEO, Uruguay – Uruguay has made history by becoming the first country in Latin America to legalize euthanasia through ...; Greace Nunez Correspondent 2025.10.20

Peru Declares State of Emergency Amid Political Unrest Fueled by 'Gen Z' Protests: Peru’s continuous political turmoil has forced the government to declare a state of emergency in the capital, Lima, and its ...; Pedro Espinola Special Correspondent 2025.10.20

Venezuela Responds to US Threat with Large-Scale Military Exercises: CARACAS – Venezuela has launched massive military exercises, named 'Independence 200', and activated national defense zones ...; Pedro Espinola Special Correspondent 2025.10.20