Global Economic Times

2026.08.11 (Tue)
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South Korea to Implement Facial Recognition for Mobile Phone Activation Starting July 6: SEOUL — Starting July 6, South Koreans will be required to undergo a facial recognition verification process when activating ...; Hwang Sujin Reporter 2026.07.01

Yen and Won Hit Critical Lows as 'Strong Dollar' Fears Grip Asian Markets: In a startling development that has sent shockwaves across Asian financial markets, the Japanese yen has plummeted to its lowest l ...; KO YONG-CHUL Reporter 2026.07.01

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, th ...; Ana Fernanda Reporter 2026.07.01

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 signific ...; Global Economic Times Reporter 2026.07.01

Bridging to the Future Through Scholarships: Overseas Koreans Agency Strengthens Support for Young Diaspora Growth: (c) Overseas Koreans Agency The Overseas Koreans Agency (OKA) has hosted a networking event connecting scholarship recipients w ...; Global Economic Times Reporter 2026.06.29

The Rediscovery of Pakistan: Mediating Between the United States and Iran: Song Jong-hwan, former Korean Ambassador to Pakistan(left) meeting with Shehbaz Sharif, then Chief Minister of Punjab, Pakistan (c ...; LEE YEON SIL Reporter 2026.06.29

Resurgence in the Gaming Market: How Korean Developers Master the 'Chart Reversal' Through Strategic Content: The South Korean gaming industry, long a global powerhouse in live-service operations, is demonstrating a renewed vigor. By levera ...; Hwang Sujin Reporter 2026.06.29

HD Hyundai Electric’s Cheongju Campus: A Paradigm Shift in Smart Manufacturing for the AI Era: CHEONGJU, South Korea — In the rapidly evolving landscape of global energy infrastructure, HD Hyundai Electric is charting a ...; Desk 2026.06.29

Algorithms Over Quality: How Platform Self-Preferencing Distorts Consumer Choices: A recent study by the Korea Fair Trade Commission (KFTC) has confirmed that online platforms can significantly influence consumer ...; Kim Young Min Reporter 2026.06.29

South Korea to Ban Unapproved Biocidal Products Starting July 1: Starting July 1, 2026, the sale and distribution of unapproved biocidal products, including disinfectants and insecticides, will b ...; Yim Kwangsoo Correspondent 2026.06.29

Gamtae Extract Gains Official Recognition for Stress Relief and Relaxation: In a significant breakthrough for the South Korean functional food industry, Gamtae extract—a natural substance derived from ...; Myung Sun Yim Correspondent 2026.06.29

Hyundai and Kia Shine at Cannes Lions 2026: Bridging Technology, Environment, and Culture: Cannes, France – Hyundai Motor Company and Kia Corporation have once again demonstrated their global brand competitiveness b ...; Global Economic Times Reporter 2026.06.29

The “AI-flation” Crisis: Memory Shortage Threatens Consumer Tech Ecosystem: The global technology industry is facing a monumental challenge as an unprecedented surge in demand for AI infrastructure triggers ...; Desk 2026.06.29

Kioxia Employees Join Ranks of Multi-Millionaires Amidst Semiconductor Boom: TOKYO — In an extraordinary turn of events that has captured the attention of the Japanese financial market, approximately 6 ...; Hwang Sujin Reporter 2026.06.29

The Bitter End for the 'Nation Possessing Son Heung-min': How Incompetence Eroded a 'Golden Generation': The fourth World Cup campaign of Son Heung-min, widely regarded as the finest attacker in Asian football history, has come to a ho ...; KO YONG-CHUL Reporter 2026.06.29

Samsung Biologics Union Breaks Away from Samsung Group’s Supra-Corporate Union: A Strategic Shift Toward Independence: In a significant development for labor relations within the Samsung conglomerate, the labor union of Samsung Biologics has officia ...; Hwang Sujin Reporter 2026.06.29

Bitcoin Bet Backfires: KOSDAQ Firms Face Delisting Risks Amidst Heavy Losses: The prolonged downturn in the virtual asset market is exerting immense pressure on corporate balance sheets that had previously pi ...; Kim Young Min Reporter 2026.06.29

The "Tail Wagging the Dog": How Single-Stock Leverage ETFs are Destabilizing the Korean Stock Market: The Korean stock market is currently facing a structural crisis, driven by the explosive growth of single-stock leveraged exchange ...; ONLINE TEAM 2026.06.29

Seoul Court Sentences Former First Lady Kim Keon-hee to Seven Years for Influence Peddling: SEOUL – In a landmark ruling that has sent shockwaves through the South Korean political landscape, the Seoul Central Distri ...; KO YONG-CHUL Reporter 2026.06.29

South Korea Lodges Protest After Chinese and Russian Warplanes Breach KADIZ: SEOUL – The South Korean Ministry of National Defense issued a stern protest on June 28, 2026, following the unauthorized en ...; KO YONG-CHUL Reporter 2026.06.29