Global Economic Times

2026.11.11 (Wed)
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South Korea’s Net External Assets Hit 12-Year Low Amid Historic KOSPI Rally: South Korea's net international investment position (NIIP)—often referred to as the country’s "second foreign exchange ...; Desk 2026.08.20

"Afraid of the Food Bill, Staying In": How High Inflation is Severing the Ties of Human Connection: The skyrocketing cost of dining out is doing more than just straining household grocery budgets; it is actively severing the bonds ...; Hwang Sujin Reporter 2026.08.20

Genesis Unveils the GV90: A New Benchmark for Future Luxury Mobility: SAN FRANCISCO – Genesis, the luxury automotive brand under Hyundai Motor Group, officially unveiled its first full-size flag ...; Desk 2026.08.20

The Sunset of an Era: 3G Network Fades into History: The 3rd Generation (3G) mobile network, a cornerstone of the modern digital age that brought video calling and mobile internet to ...; Kim Young Min Reporter 2026.08.20

A New Chapter in Oncology: Moderna’s mRNA Cancer Vaccine Achieves Landmark Phase 3 Success: The global pharmaceutical industry is witnessing a potential paradigm shift in cancer treatment as Moderna and Merck (known as MSD ...; Kim Sungmoon Reporter 2026.08.20

Trump Shifts Strategy: Acknowledges North Korea’s Nuclear Status, Prioritizes Capability Limits over Denuclearization: WASHINGTON — In a move that signals a significant departure from traditional U.S. foreign policy, President Donald Trump has ...; KO YONG-CHUL Reporter 2026.08.20

U.S. National Debt Crosses $40 Trillion Milestone, Raising Fiscal Alarm: In a historic and concerning development, the total U.S. national debt has surpassed the $40 trillion mark for the first time. Acc ...; Ana Fernanda Reporter 2026.08.20

Japan Eases Overtime Rules to Boost Industrial Competitiveness; Korea Remains Stuck in 52-Hour "Trap": TOKYO/SEOUL — Japan is taking bold steps to regain its footing in the global manufacturing arena, with the government announ ...; Global Economic Times Reporter 2026.08.20

Busan Named 'Best Incentive Destination in Asia' at 2026 M&C Asia Stella Awards: BUSAN, South Korea — Busan has solidified its reputation as a premier global hub for business tourism, winning the "Best Inc ...; HONG MOON HWA Senior Reporter 2026.08.20

Chungnam Content Institute Targets Global Markets at Gamescom 2026 in Cologne: COLOGNE, Germany – The Chungnam Content Institute (acting director Son Byung-sun) announced on August 19, 2026, that it will ...; HONG MOON HWA Senior Reporter 2026.08.20

Cheonan K-Culture Expo 2026: Immersing the Independence Hall in the Global Wave of Hallyu: CHEONAN, South Korea – The Independence Hall of Korea, a site deeply rooted in the nation's history, is set to undergo a vib ...; HONG MOON HWA Senior Reporter 2026.08.20

South Korean Police Officer Suspended for Stealing AirPods at Gym, Caught via Bluetooth: A police officer in South Korea has faced disciplinary action after being caught stealing wireless earphones at a local fitness ce ...; Hwang Sujin Reporter 2026.08.20

Unlocking the Mystery of 'Beat Signals' in Quantum Materials: Korean Researchers Reveal the Hidden Cause: South Korean researchers have successfully identified the origin of "beat signals," a long-standing obstacle in interpreting quant ...; Desk 2026.08.20

KT Launches "KT NPU LLM Station": A Breakthrough Enterprise Sovereign AI Appliance Combining Domestic Chips and LLM: KT has officially unveiled the "KT NPU LLM Station," a corporate sovereign AI appliance that integrates South Korean-developed art ...; KO YONG-CHUL Reporter 2026.08.20

POSCO Group Expands Battery Materials Partnership with China’s Ronbay Group, Forging Ahead into the Chinese Market: POSCO Group has entered into a strategic partnership with China's Ronbay Group, a global leader in cathode materials, to foster co ...; Yim Kwangsoo Correspondent 2026.08.20

Beyond Semiconductors: China Accused of Copying US Robot Designs: SEOUL — Amid ongoing controversies surrounding the alleged theft of South Korean semiconductor technology, fresh concerns ha ...; Kim Young Min Reporter 2026.08.20

Semiconductor Boom Lifts Growth Outlook, Yet Job Creation Falters: South Korea’s economic landscape is experiencing a sharp divergence, characterized by a surging macroeconomic growth rate dr ...; Kim Sungmoon Reporter 2026.08.20

Naver Webtoon Launches Triple IP Expansion Strategy Across Short-Form Video, Animation, and Games: Naver Webtoon is officially accelerating its multi-faceted strategy to expand its popular webtoon intellectual properties (IPs) in ...; Ana Fernanda Reporter 2026.08.20

Won-Dollar Exchange Rate Falls Below 1,400 Won, Returning to 1,300 Range After 11 Months: The South Korean won has strengthened significantly against the US dollar, breaking below the psychological threshold of 1,400 won ...; Hwang Sujin Reporter 2026.08.19

Jensen Huang’s Strategic Alliance with South Korea: Redefining the Global Physical AI Landscape: As the artificial intelligence industry pivots from text-based chatbots to "physical AI"—AI integrated with hardware that op ...; Hwang Sujin Reporter 2026.08.19