Global Economic Times

2026.05.08 (Fri)
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Kakao Caves to User Outcry, Vows to Restore KakaoTalk's Core 'Friends List': SEOUL - South Korea’s tech giant Kakao has announced a swift and significant reversal of its highly controversial KakaoTalk ...; Hwang Sujin Reporter 2025.09.30

Ishiba's Final Diplomatic Push: Japan PM to Honor Symbol of Friendship in Busan Before Summit: BUSAN — Japanese Prime Minister Shigeru Ishiba is set to make a poignant diplomatic gesture in Busan on Monday, September 30 ...; Hwang Sujin Reporter 2025.09.30

South Korea Imposes Sweeping Gun and Explosives Ban Ahead of APEC Summit: SEOUL, South Korea — In a major effort to secure the upcoming Asia-Pacific Economic Cooperation (APEC) Leaders’ Meetin ...; KO YONG-CHUL Reporter 2025.09.29

South Korea Unveils Visa-Free Travel for Chinese Tourists, Igniting Tourism Boom: South Korea's tourism sector is buzzing with excitement as a temporary visa-free entry policy for Chinese group tourists officiall ...; Hwang Sujin Reporter 2025.09.29

Nursing Home Tied to Kim Keon-hee's Family Hit with 104-Day Suspension Over $1 Million Fraud: NAMYANGJU, South Korea—A nursing home in Namyangju, Gyeonggi Province, operated by the family of Kim Keon-hee, the wife of f ...; KO YONG-CHUL Reporter 2025.09.29

Audit Exposes Deep-Seated Flaws at South Korea's Central Data Center: SEOUL — A devastating fire on September 26 at South Korea’s National Information Resources Service (NIRS), which cause ...; Global Economic Times Reporter 2025.09.29

Baby V.O.X Reunites for 'New Breath' Concert, Ending a 23-Year Wait: SEOUL - In an emotional and powerful reunion, first-generation K-pop girl group Baby V.O.X held their second-ever domestic solo co ...; Hwang Sujin Reporter 2025.09.29

Veteran Singer Kim Gun-mo Makes Emotional Comeback with Busan Concert: BUSAN, South Korea—Veteran South Korean singer Kim Gun-mo successfully launched the first show of his new national concert t ...; LEE YEON SIL Reporter 2025.09.29

Seoul Biennale Director Challenges 'Soulful Architecture is Expensive' Myth: SEOUL—Architect Thomas Heatherwick, General Director of the 5th Seoul Biennale of Architecture and Urbanism (SBAU) 2025, del ...; Hwang Sujin Reporter 2025.09.29

Lawmaker Calls for End to Government Ads for 'Fake News' Outlets After SkyDaily Controversy: A South Korean lawmaker is spearheading a push to stop government and public-sector advertising from being placed with media outle ...; KO YONG-CHUL Reporter 2025.09.29

Philippines to Host 2029 FIVB Women's World Championship: MANILA, Philippines – The Philippines, fresh off hosting the 2025 FIVB Men's World Championship, has secured the rights to h ...; Kim Sungmoon Reporter 2025.09.29

Landmark Fine for Deepfake Pornography in Australia Sets Strong Precedent: BRISBANE, Australia – An Australian man has been handed a historic fine of AU$343,500 (approximately 317 million KRW) by a f ...; Yim Kwangsoo Correspondent 2025.09.29

Speculation Mounts as US Defense Secretary Downgrades Commanders' Ranks and Summons Top Brass: WASHINGTON—An atmosphere of confusion and anxiety is gripping the US military leadership following an abrupt order by Defens ...; Hwang Sujin Reporter 2025.09.29

Budget Constraints Hamper Disaster Recovery: Government Systems Crippled by Fire Two Years After Previous Outage: DAEJEON, South Korea – The recent fire at the National Information Resources Service (NIRS) data center in Daejeon has once ...; KO YONG-CHUL Reporter 2025.09.29

Global Machine Tool Industry Rattled by South Korea-Led M&A Blitz: The global machine tool industry, often called the "mother machine" sector for its role as the backbone of manufacturing, is under ...; Pedro Espinola Special Correspondent 2025.09.29

Impending U.S. Federal Shutdown Threatens Paychecks and Critical Economic Data: WASHINGTON, D.C. — The U.S. federal government is on the brink of a shutdown as the September 30 funding deadline looms, wit ...; Global Economic Times Reporter 2025.09.29

New York Stocks Rebound on Expected Inflation Data; Tesla Jumps 4%: NEW YORK— New York’s major indices snapped a four-day losing streak, posting a significant rebound today as key inflat ...; Hannah Yeh Reporter 2025.09.29

Kim Keon-hee Special Prosecutor Likely to Indict Kwon Seong-dong, Kim Sang-min This Week: The Min Joong-ki Special Prosecutor's Team, which is investigating allegations related to First Lady Kim Keon-hee, is expected to ...; KO YONG-CHUL Reporter 2025.09.29

Korean Small-Caps Suffer in Market Rally as Polarization Deepens: SEOUL—The South Korean stock market is undergoing a pronounced bifurcation, a dramatic tale of two markets. While large-cap ...; Desk 2025.09.29

Women Face Higher Depression Risk from Soft Drink Consumption, Study Suggests Gut Microbiome Link: FRANKFURT, GERMANY — A new study from researchers at Frankfurt University Hospital in Germany suggests that consuming soft d ...; Ana Fernanda Reporter 2025.09.29