Global Economic Times

2026.05.08 (Fri)
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"Cashless Society" Accelerates: Monthly Cash Spending Drops to 320,000 Won: (C) Inside Small Business SEOUL — While the transition toward a "cashless society" is picking up pace in South Korea, a par ...; KO YONG-CHUL Reporter 2025.12.29

S. Korean Insurers to Raise Auto Insurance Premiums by 1% Amid Ballooning Deficits: (C) Policy House SEOUL – South Korean non-life insurers are set to raise auto insurance premiums by an average of 1.5% next ...; Global Economic Times Reporter 2025.12.29

Trump and Zelensky Meet in Florida to Discuss 20-Point Peace Plan Amid Territorial Disputes: (C) KATV PALM BEACH – Ukrainian President Volodymyr Zelensky and U.S. President Donald Trump met in Florida on Sunday (loca ...; Eugenio Rodolfo Sanabria Reporter 2025.12.29

Samsung Electronics Signals Comeback in Robot Vacuum Market, Overtaking Chinese Rival Roborock in Online Buzz: (C) Yicai Global SEOUL — Samsung Electronics is gearing up for a major showdown to reclaim its home turf from Chinese domin ...; Hwang Sujin Reporter 2025.12.29

Mirae Asset Seeks to Acquire Korbit: A Strategic Move into the Crypto Market: (C) Medium Mirae Asset Group, South Korea’s leading financial powerhouse, is reportedly pushing for the acquisition of Korb ...; KO YONG-CHUL Reporter 2025.12.29

The Era of Private Space Stations: Voyager, Airbus, and Mitsubishi Join Forces for 'Starlab': (C) Aero Times The race for the next generation of orbital outposts is heating up as global aerospace giants solidify their par ...; Ana Fernanda Reporter 2025.12.29

Musk’s Ambition for ‘AI Compute Dominance’: Securing the World’s Most Powerful Infrastructure: (C) Techovedas Elon Musk, CEO of Tesla and founder of xAI, is accelerating his strategy for vertical integration in the artific ...; Global Economic Times Reporter 2025.12.29

'Digital Border' Rises: South Koreans Rush to Erase Social Media Ahead of U.S. Visits: (C) Pixabay SEOUL – For Kim Sang-jin (pseudonym), a 21-year-old university student in Seoul, the dream of becoming a diplom ...; ONLINE TEAM 2025.12.27

'Culinary Class Wars 2' Returns: Less Novelty, More Sophisticated 'Flavor': (C) Netflix The sensation is back. Netflix’s hit cooking survival show, Culinary Class Wars 2, has returned to the global ...; KO YONG-CHUL Reporter 2025.12.27

South Korean Gas Prices Dip for Third Straight Week; Downward Trend Expected to Continue: SEOUL — Domestic gasoline and diesel prices in South Korea have extended their decline for the third consecutive week, provi ...; KO YONG-CHUL Reporter 2025.12.27

New Food Trends: From Creamy Fusion Noodles to Traditional Korean Pickles: (C) Hong Kong Banjom SEOUL — South Korea’s vibrant food and beverage industry continues to evolve as major players in ...; Kim Sungmoon Reporter 2025.12.27

Energy Giant Samchully Acquires 'Sunggyung Food' for 120 Billion Won to Boost Food Business: SEOUL — Samchully Group, South Korea's leading city gas provider, is set to acquire Sunggyung Food, the manufacturer of the ...; KO YONG-CHUL Reporter 2025.12.27

Cold Wave Hits Korea: Thermal Wear and Padded Jackets Fly Off the Shelves: (C) The Hans IndiaSEOUL — As a severe cold wave grips the Korean Peninsula, with perceived temperatures in Seoul plunging be ...; Min Gyu Mi Reporter 2025.12.27

End of the ‘Baby Exporter’ Era: South Korea to Halt Overseas Adoptions by 2029: (C) ABC News SEOUL — South Korea is officially moving to shed its long-standing and painful stigma as a "baby exporting nat ...; Hwang Sujin Reporter 2025.12.27

Korea’s Minimum Wage Surpasses "Employment Danger Zone," IMF Warns of Job Losses: (C) Working Times SEOUL – Small business owners in South Korea are increasingly vocal about the financial strain caused by ...; Shin Yeju Intern Reporter 2025.12.27

Australia’s "Build-to-Rent" Model: A Blueprint for Solving the $1.2 Million Housing Crisis: (C) Interest.co.nz SYDNEY – In the heart of Marrickville, just 10 minutes by metro from Sydney’s bustling city center ...; Eugenio Rodolfo Sanabria Reporter 2025.12.27

Samsung TV Plus Unveils 'All-in-One AI Channel' to Revive Classic Dramas in 4K: (C) Total Licensing SEOUL — Samsung Electronics announced on December 26 that it has launched the "All-in-One AI Integrated ...; Hee Chan Kim Reporter 2025.12.27

China Becomes ‘Graveyard for Imported Cars’ as German Luxury Brands Plummet: (C) PCAuto BEIJING – The once-dominant reign of global premium automakers in China is facing a structural crisis. As domest ...; Yim Kwangsoo Correspondent 2025.12.27

SMEC Counters SNT Group’s Hostile M&A Attempt with Treasury Stock Strategy: SEOUL — SMEC, a prominent South Korean machine tool manufacturer, has launched a formal counteroffensive against a hostile t ...; Hwang Sujin Reporter 2025.12.27

Coupang Faces Intense Backlash Over ‘Self-Investigation’ Into Massive Data Leak: SEOUL — A fierce standoff has erupted between Coupang, South Korea’s leading e-commerce platform, and government autho ...; KIM YOUNG MIN 2025.12.27