Global Economic Times

2026.11.11 (Wed)
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KT and Amorepacific Complete ‘Data Highway’ Project, Unveiling AI-Specialized Research Platform: SEOUL — KT Corporation, South Korea’s leading telecommunications and digital services provider, announced on July 28 t ...; Global Economic Times Reporter 2026.07.28

Oman Resumes Pivotal Mediation Role Amid Rising Saudi-Iran Tensions and Strait of Hormuz Security Concerns: On July 27, 2026, Omani Foreign Minister Badr Albusaidi initiated a coordinated round of telephone diplomacy, holding consecutive ...; Global Economic Times Reporter 2026.07.28

South Korea’s Top Three Mobile Carriers Launch Pre-Orders for Samsung’s Galaxy Z Series with Aggressive Subsidies and Service Bundles: SEOUL — South Korea’s major mobile network operators—SK Telecom (SKT), KT, and LG Uplus (LG U+)—officially ...; Hwang Sujin Reporter 2026.07.28

Boston Dynamics Shapes US Robotics Strategy while Korean Industry Hesitates Under Labor Union Resistance: SEOUL & WASHINGTON — Boston Dynamics, a key robotics subsidiary of Hyundai Motor Group, is playing a pivotal legislative ...; Eugenio Rodolfo Sanabria Reporter 2026.07.28

Fair Trade Commission to Overhaul Penalty System: Imposing Heavy Fines Based on Corporate Scale: SEOUL — South Korea’s antitrust watchdog, the Fair Trade Commission (FTC), has officially announced a comprehensive ov ...; Kim Sungmoon Reporter 2026.07.28

“Buy the Dip Despite the Panic Crash?”: Semiconductor Bottom Thesis Gains Traction Amid 'Samjon-Nix' Rout: SEOUL — South Korean stock markets witnessed an unprecedented sea of red on July 28, as panic selling erased years of gains ...; Desk 2026.07.28

"Can't Handle the Roller-KOSPI": Retail Capital Surges into High-Dividend and Covered Call ETFs: SEOUL — As domestic and international stock markets experience sharp, unpredictable fluctuations in July—a turbulent c ...; KO YONG-CHUL Reporter 2026.07.28

Major 7.1-Magnitude Earthquake Strikes Japan’s Kyushu; Tremors Sway High-Rises in Busan, Jeonnam, and Jeju: SEOUL / BUSAN — A powerful 7.1-magnitude earthquake that struck Kumamoto Prefecture on Japan’s southern island of Kyus ...; Ana Fernanda Reporter 2026.07.28

KOSPI Plunges Over 11% as Semiconductor Sell-off Shatters 6,000-Point Mark Intraday: SEOUL — South Korean financial markets suffered one of their most turbulent trading sessions in recent history on Tuesday, J ...; Global Economic Times Reporter 2026.07.28

Yoo Si-min’s Travel Essay Sparks Buzz: 'European City Travelogue 3' Retains Top Spot on Bestseller List for Two Consecutive Weeks: SEOUL — Prominent South Korean author and political commentator Yoo Si-min has once again captivated the nation's literary l ...; Myung Sun Yim Correspondent 2026.07.25

Beyond Trends: How Veteran Stylist Han Hye-yeon Built a 30-Year Career on Attitude and Consistency: SEOUL — Fashion is an industry defined by relentless change. Seasons turn, trends fade, and popular aesthetics shift overnig ...; KO YONG-CHUL Reporter 2026.07.25

"Memory Editing" Like in the Movies Is Already a Reality: In the sci-fi movie Eternal Sunshine of the Spotless Mind, a company named Lacuna wipes away painful memories. While once consider ...; Hwang Sujin Reporter 2026.07.25

Haaland’s Presence Alters Game Dynamics and Creates Space: “No Other Player Like Him”: ARLINGTON, Texas — “I wouldn’t trade him for anyone in the world.” Norway national team manager Stå ...; Greace Nunez Correspondent 2026.07.25

South Korea’s Science Journalists to Explore AI Transformation and Obesity Treatments at 2026 Annual Conference: SEOUL — The Korea Science Reporters Association (KSJA) announced on July 24 that it will host the "2026 Science Journalism C ...; Hee Chan Kim Reporter 2026.07.25

EUROPE DEVASTATED BY RECORD WILDFIRES: OVER 90,000 EVACUATED AS SPAIN DECLARES STATE OF EMERGENCY: LONDON & PARIS — A catastrophic wave of wildfires fueled by unprecedented heatwaves, fierce winds, and severe drought ha ...; Graciela Maria Reporter 2026.07.25

EU Hits Google with €890 Million Fine Under Digital Markets Act, Triggering Sharp Backlash from Washington: BRUSSELS / WASHINGTON — The European Union has reignited transatlantic trade tensions by imposing a massive penalty on U.S. ...; Eugenio Rodolfo Sanabria Reporter 2026.07.25

KAIST and NVIDIA Partner to Establish $300 Million AI Joint Research Center in Korea: SEOU — The Korea Advanced Institute of Science and Technology (KAIST) announced on Friday that it will establish the "NVIDIA ...; Yim Kwangsoo Correspondent 2026.07.25

Hanwha Ocean Bolsters Alliances with U.S. Partners to Drive Forward "MASGA" Shipbuilding Initiative: WASHINGTON, D.C. — Major South Korean defense and commercial shipbuilder Hanwha Ocean has forged comprehensive strategic par ...; Eunsil Ju Reporter 2026.07.25

Government Extends 5.2 Trillion Won in Loans for Homeplus Suppliers to Minimize Damage to Workers and SMEs: The South Korean government has implemented a comprehensive financial support package to cushion the economic fallout following th ...; KO YONG-CHUL Reporter 2026.07.25

Samsung Electronics Reassigns CSS Power Semiconductor Staff to Memory and Foundry Divisions: SEOUL — Samsung Electronics has initiated a phased internal workforce reallocation, transferring personnel from its Compound ...; Kim Young Min Reporter 2026.07.25