Global Economic Times

2026.09.28 (Mon)
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South Korean Won Slides to 15-Year Low as Political Uncertainty Deepens: Seoul, South Korea – The South Korean won has plunged to its lowest level in 15 years and nine months, with experts warning ...; Hwang Sujin Reporter 2024.12.30

Delinquency Rates Soar to Record Highs in South Korea's Large Loan Shark Industry: Seoul, South Korea – South Korea's large loan shark industry is facing a crisis as delinquency rates have surged to unpreced ...; KO YONG-CHUL Reporter 2024.12.30

South Korea's Exports to the Philippines Expected to Soar Following FTA Implementation: Manila, Philippines – The implementation of the South Korea-Philippines Free Trade Agreement (FTA) on December 31 is poised ...; Ana Fernanda Reporter 2024.12.30

Jeju Air Flight Diverts Again Due to Landing Gear Issue: SEOUL, South Korea – A Jeju Air flight bound for Jeju Island was forced to turn back on Tuesday morning due to a landing gea ...; Desk 2024.12.30

179 Killed in Jeju Air Crash, Identification Process Nears Completion: MuAn, South Korea – Two days after a devastating plane crash claimed 179 lives, authorities in South Korea are racing to ide ...; Desk 2024.12.30

Aekyung Group CEO Apologizes for Jeju Air Crash: MuAn, South Korea – Aekyung Group Chairman Jang Young-shin has issued a public apology following a fatal plane crash involvi ...; Desk 2024.12.30

Ulsan Coast Guard Busts Illegal Deep-Sea Fishing Operation: Ulsan, South Korea – The Ulsan Coast Guard announced on Tuesday that it had apprehended 10 individuals, including boat owner ...; JEONG CHAN MYEONG Senior Reporter 2024.12.29

Ulsan Pet Owners Face Continued Uncertainty as Veterinary Clinics Ignore Pricing Laws: Ulsan, South Korea – Despite a South Korean law mandating that veterinary clinics display estimated prices for major treatme ...; Hwang Sujin Reporter 2024.12.29

South Korean Firms Race to Develop Surgical Robots: Seoul, South Korea – South Korean companies are intensifying their efforts to develop surgical robots, aiming to break into ...; ONLINE TEAM 2024.12.29

Court Rules Hospital Liable for Woman's Death After C-Section: Seoul, South Korea – A Seoul court has ruled that a hospital is liable for the death of a woman who died following a cesarea ...; Desk 2024.12.29

Hanmi Pharmaceutical Unveils New Hypertension Drug, Aiming to Revolutionize Treatment: Seoul, South Korea – Hanmi Pharmaceutical, a leading Korean pharmaceutical company, has announced the development of a groun ...; Desk 2024.12.29

South Korea Expands Access to Home Nursing and Improves Hospital Care: Seoul, South Korea – South Korea’s Ministry of Health and Welfare has announced significant reforms to its healthcare ...; Desk 2024.12.29

South Korea to Shorten Healthcare Pricing Review Cycle: Seoul, South Korea – South Korea’s Ministry of Health and Welfare announced today that it will shorten the review cycl ...; Hwang Sujin Reporter 2024.12.29

Soaring Unenrollment Rates at Medical and Health Science Schools in South Korea: Seoul, South Korea – South Korea’s highly competitive medical school admissions landscape has experienced an unexpecte ...; Desk 2024.12.29

A Call for Safety in the Wake of Muan's Tragedy: The devastating plane crash at Muan Airport on December 29th has left our nation in deep sorrow. The loss of over 180 lives, many ...; KO YONG-CHUL Reporter 2024.12.29

Short Runway May Have Contributed to Deadly Muan Airport Crash: Muan, South Korea – The deadly crash of Jeju Air flight 7C2216 at Muan International Airport has sparked renewed concerns ov ...; KO YONG-CHUL Reporter 2024.12.29

Disabled-Friendly Elevators Cause Delays for Seoul Subway Riders: Seoul, South Korea – A growing number of Seoul subway commuters are expressing frustration over the city's subway elevator s ...; KO YONG-CHUL Reporter 2024.12.29

South Korea's Housing Market: A Tale of Two Trends: Seoul, South Korea – As South Korea grapples with a declining population, a paradox is emerging in its housing market: the n ...; Desk 2024.12.29

South Korea's Housing Market Remains Unaffordable, Study Finds: Seoul, South Korea – South Korea's housing market continues to be a significant challenge for many, with a new government st ...; Hwang Sujin Reporter 2024.12.29

Bird Strikes Pose Growing Threat to Aviation Safety: Muan, South Korea – A recent incident at Muan International Airport, where a plane was suspected to have collided with a bir ...; KO YONG-CHUL Reporter 2024.12.29