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Dow Hits Fresh Record High as Geopolitical Optimism Defies Tech-Sector Mixed Bag
NEW YORK — Wall Street demonstrated robust resilience on Friday, propelled by a wave of geopolitical optimism and a string o ...
Eugenio Rodolfo Sanabria Reporter 2026.05.23

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"Miss Out and Regret It Forever?" Ant Investors Agonize Over ‘Debt-Fueled’ Bets as Samsung Electronics and SK Hynix Target Prices Skyrocket
Money is deeply intertwined with our lives. While it is merely a convenient tool and a medium of exchange, it makes many people we ...
Hwang Sujin Reporter 2026.05.23

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KRW/USD Exchange Rate Threatens 1,520 Won Mark: "No Signs of Coming Down"
The South Korean won continues its downward spiral against the greenback, with the KRW/USD exchange rate comfortably sitting in th ...
Desk 2026.05.23

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Allegations of Rape and Torture of Gaza Activists Spark International Outrage; Israel Denies Claims
International outrage is intensifying following harrowing allegations from foreign aid activists who claim they were subjected to ...
Ana Fernanda Reporter 2026.05.23

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‘600 Million Won Bonus’ at Samsung Electronics Triggers Deep Sense of Relative Deprivation Among Korean Workers
Unprecedented Payouts: Samsung Electronics' Memory Division employees expect a massive 600-million-won performance bonus.National ...
Global Economic Times Reporter 2026.05.23

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Barbarism on the High Seas and the Collapse of International Law: Questioning the Conscience of Humanity
The international legal order and humanitarian norms, which humanity has accumulated through a long history of war and conflict, h ...
KO YONG-CHUL Reporter 2026.05.23

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From 'DAL-e' to 'Spot': Hyundai Motor Group Transforms Yangjae Headquarters into an Advanced AI Robotics Testbed
SEOUL – Hyundai Motor Group (the Group) announced today the grand reopening of its Yangjae headquarters lobby, establishing ...
Global Economic Times Reporter 2026.05.21

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Apple Blocks Over $2.2 Billion in Fraudulent App Store Transactions, Terminating Billions of Malicious Accounts
SEOUL — Apple Inc. announced today that its rigorous security framework and app review processes successfully prevented more ...
Yim Kwangsoo Correspondent 2026.05.21

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“Buying Watermelons and Rice at Convenience Stores” — CU Launches First 'Smart Grocery' Store to Target Neighborhood Shoppers
SUWON, South Korea — BGF Retail, the operating company of South Korea's leading convenience store chain CU, announced the gr ...
Hee Chan Kim Reporter 2026.05.21

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In the AI Era, CEOs Must Transfigure into ‘Total Experience Owners’ (CXOs), Asserts Douzone Bizon Co-CEO Ji Yong-goo
SEOUL, South Korea — In the rapidly accelerating era of Artificial Intelligence Transition (AX), the traditional paradigms o ...
Desk 2026.05.21

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South Korea's Big Three Telcos Complete Filings for Network-Agnostic Integrated Mobile Plans; SK Telecom Slated for July Launch
SEOUL — South Korea's three major mobile network operators have officially finalized the necessary regulatory reporting proc ...
Kim Sungmoon Reporter 2026.05.21

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EV Sales Surge in Domestic Market While Exports Suffer Amid Prolonged Middle East Risks
SEOUL — South Korea’s domestic electric vehicle (EV) market experienced an unprecedented boom last month, driven by so ...
KO YONG-CHUL Reporter 2026.05.21

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Dongfeng Secures French Production Base via Strategic Alliance with Stellantis
PARIS — In a landmark move poised to reshape the European automotive landscape, global automotive giant Stellantis has enter ...
Eugenio Rodolfo Sanabria Reporter 2026.05.21

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Starbucks Korea’s ‘Tank Day’ Blunder Triggers Broad Shinsegae Stock Sell-Off
SEOUL — A severe public backlash over an insensitive marketing campaign by Starbucks Korea has spilled over into the broader ...
Desk 2026.05.21

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Shinsegae Chairman Chung Yong-jin Faced with Legal Complaints Over Starbucks ‘Tank Day’ Controversy
SEOUL — Shinsegae Group Chairman Chung Yong-jin and former Starbucks Korea CEO Son Jung-hyun are facing formal criminal comp ...
KO YONG-CHUL Reporter 2026.05.21

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Nvidia Hits Record Revenue for 12th Consecutive Quarter, Yet After-Hours Shares Edge Lower
NEW YORK — Nvidia, the world’s most valuable company by market capitalization, has delivered yet another consensus-sha ...
Ana Fernanda Reporter 2026.05.21

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HMM Tanker Begins Safe Passage Through Strait of Hormuz; Foreign Minister Cho Says Negotiations Underway for Remaining 25 Vessels
SEOUL — A South Korean ultra-large crude carrier trapped in the Strait of Hormuz has successfully initiated its passage thro ...
Hwang Sujin Reporter 2026.05.21

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South Korea’s Mid-May Exports Hit Record High of $52.7 Billion, Propelled by Semiconductor Boom
SEOUL — South Korea’s exports during the first 20 days of May surged to a historic high for the period, driven by an e ...
Global Economic Times Reporter 2026.05.21

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Samsung Electronics Narrowly Avoids Strike with Landmark Compensation Deal
SUWON, South Korea — Samsung Electronics management and its labor union have reached a dramatic tentative agreement on wage ...
KO YONG-CHUL Reporter 2026.05.21

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Chinese Semiconductor Hub Shanghai Courts South Korean Suppliers to Bypass U.S. Tech Blockade
SEOUL — Amid intensifying pressure from United States supply chain restrictions, China's semiconductor industry is aggressiv ...
Global Economic Times Reporter 2026.05.19
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