Global Economic Times

2026.05.08 (Fri)
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Samsung Electronics Shuffles TV Leadership Amid Intensifying "Emergency Management" and Market Headwinds: SEOUL – Samsung Electronics, the world’s leading television manufacturer, announced a high-profile leadership reshuffl ...; Desk 2026.05.04

South Korea’s Energy Relief Fund Hits 76% Application Rate in Debut Week; ₩1.4 Trillion Distributed: SEOUL – In a rapid response to the burgeoning financial pressure of global energy costs, South Korea’s "High Oil Price ...; Global Economic Times Reporter 2026.05.04

Hyundai Steel to Spearhead Next-Gen Power Infrastructure as Future Growth Engine: SEOUL – Hyundai Steel announced on Thursday its strategic roadmap to dominate the burgeoning next-generation power infrastru ...; Desk 2026.05.02

"Life-Risking Escape from Hormuz": Over 200 Vessels Flee Amid Iran Conflict: TEHRAN/MUSCAT – Two months into the escalating military conflict between Iran and the U.S.-Israel alliance, the Strait of Ho ...; Global Economic Times Reporter 2026.05.02

"Sit by My Bed for 2 Hours Instead of Delivering Food": An Ambitious Relay of Compassion for a Young Cancer Patient: FOSHAN, China – In an era where food delivery apps are synonymous with speed and transactional efficiency, a poignant reques ...; Min Gyu Mi Reporter 2026.05.02

How Long Can You Stand on One Leg? 5 Simple Tests to Reveal Your ‘Biological Age’: While your birth certificate tracks the years gone by, your "biological age"—the actual state of your physical health— ...; Hee Chan Kim Reporter 2026.05.02

Trump Sons Under Scrutiny Over Stakes in Kazakhstan Tungsten Mine Tied to $1.7B U.S. Support: WASHINGTON D.C. — Ethical alarms are ringing across the capital as reports surface that Donald Trump Jr. and Eric Trump, the ...; Graciela Maria Reporter 2026.05.02

Iran Accuses U.S. of Manipulating War Costs, Claiming $100 Billion Squandered in "Netanyahu’s Gamble": TEHRAN – Abbas Araghchi, Iran’s Minister of Foreign Affairs, launched a scathing verbal assault on the United States D ...; Pedro Espinola Special Correspondent 2026.05.02

AI Meets Tradition: New "Kyudo Global" App Revolutionizes Archery Training with Real-Time Motion Analysis: SEOUL — In a striking blend of ancient tradition and cutting-edge technology, a new mobile application titled "Kyudo Global" ...; KO YONG-CHUL Reporter 2026.05.02

China Halts Sulfuric Acid Exports, Triggering Global 'Raw Material Shock': BEIJING – Global metal and fertilizer markets are bracing for a massive supply chain disruption as China, the world's larges ...; Global Economic Times Reporter 2026.05.02

Oil Prices Hit $126 Peak Before Plunging as Hormuz Crisis Triggers 'Rollercoaster' Trade: HOUSTON – Global energy markets witnessed a day of extreme volatility on Thursday, with oil prices surging to their highest ...; Sharon Yoon Correspondent 2026.05.02

Lim Tae-hee Pledges to Ease School Uniform Costs, Proposing 400,000 Won Support for Casual Wear: Suwon, Gyeonggi Province — Lim Tae-hee, a preliminary candidate for the Gyeonggi Provincial Superintendent of Education, has ...; Kim Sungmoon Reporter 2026.05.02

President Lee Commemorates Labor Day: "Breaking the Dichotomy Between Pro-Business and Pro-Labor for 'Genuine Growth'": SEOUL – In a historic move, President Lee Jae-myung hosted the first-ever Labor Day ceremony at the Blue House Yeongbingwan ...; Hwang Sujin Reporter 2026.05.02

Samsung Electronics Kicks Off 'AI Soccer Mode' Trade-In Promotion Ahead of 2026 World Cup: SEOUL, South Korea — With the world’s biggest football event just around the corner, Samsung Electronics has officiall ...; Desk 2026.05.02

Trump Weighs 'Decisive Strike' Options Against Iran as Tensions Flare: In an alarming development that has sent shockwaves across the Middle East, U.S. military leadership has reportedly presented Pres ...; Ana Fernanda Reporter 2026.05.02

Samsung Biologics Faces First-Ever Strike: Cancer Drug Production Halted Amid $110 Million Loss: INCHEON – Samsung Biologics, one of the world’s largest contract development and manufacturing organizations (CDMO), h ...; KO YONG-CHUL Reporter 2026.05.02

South Korea’s April Exports Hit Record $85.9 Billion, Driven by AI-Fueled Semiconductor and SSD Surge: SEOUL — South Korea’s export machine has reached an unprecedented milestone, fueled by a global explosion in Artificia ...; Global Economic Times Reporter 2026.05.02

Major Korean Conglomerates Launch "2026 Win-Win Job Fair" for Youth Employment: South Korea’s top business groups, including Samsung, LG, SK, and Hyundai Motor, are spearheading a massive recruitment driv ...; Hwang Sujin Reporter 2026.04.28

KOSPI Breaks 6,600 Barrier for First Time, Ushering in 6,000 Trillion Won Era: On April 27, the Korea Composite Stock Price Index (KOSPI) closed at a record-breaking 6,615.03, jumping 139.40 points (2.15%) fro ...; Global Economic Times Reporter 2026.04.28

Kurly Abandons 'All-Paper' Packaging Strategy Amid Rising Cost Pressures: Kurly, the South Korean e-commerce pioneer known for its premium grocery delivery, has officially rolled back its signature "All-P ...; KO YONG-CHUL Reporter 2026.04.28

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