Global Economic Times

2026.08.11 (Tue)
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President Lee Challenges Opposition Claims Regarding Honam Semiconductor Cluster: SEOUL — President Lee Jae-myung has launched a direct counteroffensive against the People Power Party (PPP), which has chara ...; Hwang Sujin Reporter 2026.06.29

Escalating Crisis: Teenage Drug Offenders Caught in Repeat Crimes Amidst "Telegram Drug Events": INCHEON, South Korea — A disturbing trend of adolescent drug abuse has reached a new breaking point, as a 17-year-old girl, ...; Min Gyu Mi Reporter 2026.06.29

Putin Vows Resilience as Russia Faces “Difficult Period” Amid Escalating Drone Strikes: MOSCOW — Russian President Vladimir Putin acknowledged on June 28, 2026, that the nation is navigating a "difficult period" ...; Ana Fernanda Reporter 2026.06.29

President Lee Jae-myung Unveils "Three Major Mega-Projects" to Drive National Leap Forward; Massive Honam Semiconductor Investment Announced: SEOUL – President Lee Jae-myung is set to preside over the "National Report Meeting on the Three Major Mega-Projects for Kor ...; KO YONG-CHUL Reporter 2026.06.29

Kakao Union Stages "Logout Day" Strike Amidst Stalled Bonus Negotiations: PANGYO, South Korea – Kakao, the operator of South Korea's dominant messaging platform, is facing renewed industrial action ...; Desk 2026.06.29

The Fall of Korean Football: Questioning the Weight of Responsibility: The clock has stopped for Korean football. Having failed even the minimum task of qualifying for the North American World Cup, our ...; KO YONG-CHUL Reporter 2026.06.29

6223 Future Forum, Guest Speaker Kim Jin-myung… Ulsan Dreams of Leaping into a Future Cultural City through the Spirit of Hangeul: (C) 6223 Future Forum The '6223 Future Forum,' a key organization proposing future policies for Ulsan, successfully held its seco ...; Global Economic Times Reporter 2026.06.28

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions: SEOUL — The South Korean government announced a decisive reduction in the maximum price caps for petroleum products, effecti ...; Yim Kwangsoo Correspondent 2026.06.27

Political Debates Spark Over Semiconductor "Windfall" Redistribution: As South Korea’s semiconductor industry rides the crest of an unprecedented AI-driven boom in 2026, a contentious debate has ...; Hee Chan Kim Reporter 2026.06.27

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups: SEOUL – On June 25, 2026, Google Play, in collaboration with the Ministry of SMEs and Startups (MSS) and the Korea Institute ...; Min Gyu Mi Reporter 2026.06.27

Seoul Metro to Ban Personal Mobility Devices and High-Capacity Lithium Batteries Starting July: SEOUL — Starting July 1, 2026, passengers will be prohibited from bringing personal mobility (PM) devices powered by lithium ...; Kim Young Min Reporter 2026.06.27

Global Markets Expected to Continue AI-Driven Rally in H2 2026: The Korea Center for International Finance (KCIF) released its "Global Economic and Financial Market Outlook for the Second Half o ...; Desk 2026.06.27

South Korea Struggles to 3rd Place in World Cup Group Stage; Commentator Park Moon-sung Blasts Manager Hong Myung-bo’s Lack of Tactics: The South Korean national football team faces an uncertain future in the 2026 North and Central America World Cup after finishing ...; Kim Sungmoon Reporter 2026.06.27

BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won: BUSAN — BYD Korea made a significant move in the domestic automotive market on June 26, unveiling its first plug-in hybrid ( ...; Eugenio Rodolfo Sanabria Reporter 2026.06.27

Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation: At the 2026 Busan Mobility Show held on June 26, Kia Corporation unveiled a comprehensive future mobility strategy centered on thr ...; Hwang Sujin Reporter 2026.06.27

Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis: CARACAS – Venezuela is currently grappling with the aftermath of one of the most catastrophic natural disasters in its moder ...; Pedro Espinola Special Correspondent 2026.06.27

Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante: BUSAN, South Korea — At the 2026 Busan Mobility Show held at BEXCO on June 26, José Muñoz, President and CEO o ...; KO YONG-CHUL Reporter 2026.06.27

South Korea's Path to Round of 32 Grows Perilous Following Australia-Paraguay Draw: The South Korean men’s national football team faces an increasingly daunting challenge in its quest to reach the Round of 32 ...; Global Economic Times Reporter 2026.06.27

The True Face of Our Politics After Stripping Away the Mask of Fairness: Fairness has always been the central topic of every era. This was also the banner raised by a party born from the support of the y ...; KO YONG-CHUL Reporter 2026.06.27

South Korea’s Bid for MSCI Developed Market Status Stalls Again: SEOUL — South Korea’s long-standing ambition to be reclassified as a "Developed Market" (DM) by Morgan Stanley Capital ...; Hee Chan Kim Reporter 2026.06.24