Global Economic Times

2026.11.11 (Wed)
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Samsung Chairman Lee Jae-yong's Stock Wealth Surpasses 20 Trillion Won for the First Time: SEOUL – Samsung Electronics Chairman Lee Jae-yong's total stock wealth has, for the first time, broken the 20 trillion won ( ...; Hwang Sujin Reporter 2025.10.12

Global Big Tech Descends on Gyeongju: APEC 2025 Becomes AI Hotspot: Gyeongju, South Korea—The Asia-Pacific Economic Cooperation (APEC) 2025 Economic Leaders' Week (AELW), culminating in the Le ...; KO YONG-CHUL Reporter 2025.10.12

"Iron Rice Bowl" Shattered: 4,000 Fired as Massive U.S. Federal Layoffs Begin: News Summary U.S. Department of Health and Human Services, Education, and Commerce among others: 4,000 unpaid leave employees rece ...; Yim Kwangsoo Correspondent 2025.10.12

Phu Quoc Ascends to Asia's Most Beautiful Island, Dethroning Bali in Prestigious Reader Survey: HANOI, Vietnam – Vietnam's largest island, Phu Quoc, has secured a significant victory in the global tourism landscape, offi ...; KO YONG-CHUL Reporter 2025.10.12

Decades of Global Conservation Effort Yields Triumph: Green Sea Turtle Status Improves: GENEVA, Switzerland — The global conservation community is celebrating a significant victory as the International Union for ...; Graciela Maria Reporter 2025.10.12

President Trump Mandates Continued Military Pay Amid Eleventh-Day Government Shutdown: WASHINGTON, D.C. — President Donald Trump has ordered the Department of War to ensure active-duty service members receive th ...; Eugenio Rodolfo Sanabria Reporter 2025.10.12

Cocoa Futures Plunge 50% from Peak, Signaling Potential Chocolate Price Relief: SEOUL, South Korea—The international market price for cocoa beans has plummeted, dropping by nearly 50% from its peak and re ...; Desk 2025.10.12

North Korea Designates South Korea 'Most Hostile Country' in Rain-Soaked WPK Anniversary Military Parade: Pyongyang, DPRK — North Korea commemorated the 80th anniversary of the founding of the Workers' Party of Korea (WPK) with a ...; Hwang Sujin Reporter 2025.10.12

Apple Prepares for Post-Cook Era: Hardware Chief John Ternus Emerges as Frontrunner for CEO Succession: CUPERTINO, CA — As Apple Chief Executive Officer Tim Cook approaches his 65th birthday on November 1st, reports indicate tha ...; KO YONG-CHUL Reporter 2025.10.12

TIDE OF HOPE: HUNDREDS OF THOUSANDS RETURN TO GAZA CITY RUINS AS CEASEFIRE TAKES HOLD: GAZA CITY—In a profound display of resilience and overwhelming human emotion, hundreds of thousands of displaced Palestinian ...; Global Economic Times Reporter 2025.10.12

New York Stock Market Plunges on Trump's Threat of Tariffs on China... Tech Stocks Crash, International Oil Prices Hit a 5-Month Low: Major indices on the New York stock market fell across the board on the 10th (local time), expressing concern over the re-ignition ...; KO YONG-CHUL Reporter 2025.10.11

Bitcoin Plummets Below $110,000 Mark, Hit Directly by 'Escalating US-China Trade Tensions': Bitcoin, the market leader in the cryptocurrency market, has dropped significantly below the $110,000 mark due to the escalating t ...; Global Economic Times Reporter 2025.10.11

OpenAI Selects Argentina as First South American Base for 'Stargate,' Willing to Invest Massive $25 Billion: OpenAI, the developer of ChatGPT, is accelerating its global AI infrastructure expansion by selecting Argentina as one of the busi ...; Yim Kwangsoo Correspondent 2025.10.11

The prolonged US government shutdown: White House takes extreme measure of firing federal employees: As the partial shutdown of the US federal government entered its tenth day (October 10, local time), the political tension reached ...; KO YONG-CHUL Reporter 2025.10.11

K-Webtoons Emerge as a Mainstream Force in North American Pop Culture: Report from New York Comic Con 2025: At North America's largest pop culture exhibition, 'New York Comic Con (NYCC) 2025,' which opened on the 9th (local time) in New Y ...; Global Economic Times Reporter 2025.10.11

Venezuela's 'Iron Lady' Machado Honored with Nobel Peace Prize After 20-Year Struggle Against Dictatorship: Maria Corina Machado (58), who has led the democratization movement against the Venezuelan dictatorship for over two decades, was ...; Graciela Maria Reporter 2025.10.11

Trump's Tariff Scare Reignites Financial Market Panic as Won/Dollar Exchange Rate Breaks 1,430 Again: The warning from U.S. President Donald Trump about a massive increase in tariffs on China immediately sent a shockwave through the ...; Hwang Sujin Reporter 2025.10.11

U.S. EV Demand Slowdown Directly Hits Enchem, Tennessee Plant Construction Plan Completely Scrapped: Enchem, a leader in the domestic electrolyte market, has completely withdrawn its plan to build a large-scale production base in T ...; Ana Fernanda Reporter 2025.10.11

A massive explosion at a military explosives plant in Tennessee has left 19 people missing, with rescue efforts at the devastating scene facing significant challenges.: A large-scale explosion occurred at the Accurate Energetic Systems military explosives company in Tennessee on the morning of the ...; KO YONG-CHUL Reporter 2025.10.11

US-China Trade War Reignites: Trump Announces 100% Additional Tariff in Response to China's Rare Earth Export Curbs: WASHINGTON—The trade conflict between the United States and China has dramatically re-escalated after U.S. President Donald ...; KO YONG-CHUL Reporter 2025.10.11