Global Economic Times

2026.11.11 (Wed)
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SK Hynix Announces Record-Breaking 40 Trillion Won Share Buyback and Cancellation to Maximize Shareholder Value: SEOUL — SK Hynix has unveiled an unprecedented shareholder return policy, announcing plans to acquire and cancel 40 trillion ...; KO YONG-CHUL Reporter 2026.08.19

AI is a Winner-Take-All Game… Fall Behind and Risk Becoming a "Subcontractor Nation": As Artificial Intelligence (AI) acquires physical bodies and arms, "Physical AI" is rapidly permeating industrial sectors at an un ...; Greace Nunez Correspondent 2026.08.19

Korea Tourism Organization Successfully Attracts Consecutive Incentive Tour Groups from India: The Korea Tourism Organization (KTO) has successfully attracted a series of medium-to-large-scale incentive tour groups from India ...; HONG MOON HWA Senior Reporter 2026.08.19

'Gyeongbuk International AI & Metaverse Film Festival' to Open on September 3rd… 3,403 Entries from 97 Countries: Gyeongsangbuk-do is accelerating the expansion of its industrial ecosystem based on the 'Gyeongbuk International AI & Metavers ...; Global Economic Times Reporter 2026.08.19

Geoje Shipyards Resume Normal Operations After Record Flooding: The Geoje shipyards operated by Hanwha Ocean and Samsung Heavy Industries have officially transitioned back to normal working sche ...; Cho Kijo Reporter 2026.08.18

Moody's Upgrades South Korea's 2026 Growth Forecast to 3.5% on Semiconductor Boom: Global credit rating agency Moody’s has substantially raised South Korea’s economic growth forecast for the year to 3. ...; Global Economic Times Reporter 2026.08.18

Design Miami Seoul 2026: Blurring the Lines Between Art and Furniture: Is it art, or is it furniture? This is the central question posed by the unique pieces on display at this year’s "Design Mia ...; Hwang Sujin Reporter 2026.08.18

LG Electronics and NVIDIA Partner to Train 12 Years Worth of Robot Data Within the Year: LG Electronics and NVIDIA are rapidly accelerating their joint robotics initiatives. Madison Huang, Senior Director of Omniverse a ...; Kim Young Min Reporter 2026.08.18

Hollywood Blockbuster Sparks Tourism Boom in Greece, Exposing Severe Infrastructure Strains: The global box-office success of the cinematic epic The Odyssey has triggered an unprecedented tourism wave across Greece, turning ...; Eugenio Rodolfo Sanabria Reporter 2026.08.18

"Family Photos for 49,000 Won"—The Outrageous 7.15 Million Won Studio Bill That Shocked Korea: A recent controversy has sparked widespread outrage across South Korea as online communities shed light on deceptive studio market ...; Kim Sungmoon Reporter 2026.08.18

KOMSCO Launches Official Commemorative Medals for the 150th Birth Anniversary of Baekbeom Kim Koo, Designated as a UNESCO Anniversary Year: The Korea Minting, Security Printing & ID Card Operating Corporation (KOMSCO) has officially unveiled two commemorative medals ...; KO YONG-CHUL Reporter 2026.08.18

Chungju Offers Up to 50,000 Won Accommodation Support for Summer Vacations: As the peak summer vacation season approaches, local governments across South Korea are rolling out competitive incentives to attr ...; KO YONG-CHUL Reporter 2026.08.18

Gyeongbuk Culture & Tourism Corporation Appoints Singer Lee Eun-mi as Honorary Ambassador for Gyeongbuk East Sea… Revealing Underwater Scenery of Ulleungdo: (C) Gyeongbuk Culture & Tourism Corporation Singer Lee Eun-mi (60), who radiates fierce energy on stage as the "Barefoot Di ...; HONG MOON HWA Senior Reporter 2026.08.18

Death Toll Climbs to 47 Following Powerful Magnitude 7.7 Earthquake in Indonesia: JAKARTA — The death toll from the powerful magnitude 7.7 earthquake that struck off the northern coast of Flores Island in e ...; Greace Nunez Correspondent 2026.08.17

Record-Breaking Deluge Batters Chiba: 8 Dead, Thousands Stranded in Night of Chaos: TOKYO – Japan’s Chiba Prefecture, located just east of the capital, was struck by an unprecedented weather event on Au ...; Yim Kwangsoo Correspondent 2026.08.17

Amazon Founder Jeff Bezos Joins Liverpool FC as Minority Investor in Landmark Deal: LIVERPOOL, UK – Fenway Sports Group (FSG), the owners of Liverpool Football Club, announced on August 14, 2026, that they ha ...; Pedro Espinola Special Correspondent 2026.08.17

Musk’s "Trillion-Dollar Bet": SpaceX Shifts Focus Toward AI Dominance: In a bold redefinition of the company’s future, Elon Musk, CEO of SpaceX, has declared that artificial intelligence (AI) wil ...; Graciela Maria Reporter 2026.08.17

Italian Police Recover Priceless Masterpieces Stolen in "3-Minute" Heist: PARMA, Italy — Italian authorities announced on Friday that they have successfully recovered three priceless artworks by Fre ...; Eugenio Rodolfo Sanabria Reporter 2026.08.17

Grammys Signal Overhaul of 'Asian Pop' Category Following BTS Boycott: LOS ANGELES — The Recording Academy has signaled a potential restructuring of its newly established "Best Asian Pop Music Pe ...; Min Gyu Mi Reporter 2026.08.17

K-pop Icons BIGBANG Named First Honorary Ambassadors for Korea’s Space Agency: SACHEON, South Korea — The Korea AeroSpace Administration (KASA), the nation’s primary government body for space and a ...; Hwang Sujin Reporter 2026.08.17