Global Economic Times

2026.11.11 (Wed)
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78% of Jeonbuk Residents Support the Need for a Gifted High School: More than 7 out of 10 Jeonbuk residents agree on the "necessity of establishing a gifted high school." On the 7th, the Jeonbuk Sp ...; KO YONG-CHUL Reporter 2026.10.08

Rent for Just '1,000 Won a Day': Jeonbuk State Supplies '1,000-Won Housing' for Youths and Newlyweds: In an effort to alleviate the housing cost burden on youths and newlyweds and help them settle in the region, Jeonbuk Special Self ...; KO YONG-CHUL Reporter 2026.10.08

Jeonbuk’s Long-Awaited National Medical School Confirmed for Namwon… Aiming for 2029 Opening: The establishment of the National Graduate School of Medicine (National Medical School) in Namwon—a long-cherished aspiratio ...; Min Gyu Mi Reporter 2026.10.08

Jeonbuk Specialty Products Capture Hearts and Palates in Los Angeles: Approximately 15 agricultural and marine specialty businesses from Jeollabuk-do participated in the 53rd LA Korean Festival, held ...; Desk 2026.10.08

Bitcoin Surges 40% Over 3 Months: Will the Rally Continue?: After struggling throughout the first half of the year, Bitcoin has rebounded sharply in the third quarter, sparking market-wide i ...; Kim Sungmoon Reporter 2026.10.08

Shinsegae’s "Space" vs. CJ’s "Content": Two Different Strategies for Hollywood Betting: (Seoul) — Shin and CJ, retail and lifestyle giants stemming from the same Samsung family roots, have made multi-billion-doll ...; ONLINE TEAM 2026.10.08

Beyond Cars to Robots and AI: Euisun Chung's Vision for the 'Mobility Great Transformation': SEOUL — Marking his 6th anniversary as Chairman of Hyundai Motor Group, Euisun Chung has successfully expanded the group's b ...; Yim Kwangsoo Correspondent 2026.10.08

Boston Dynamics Recruits Former 'Alexa' Chief: A Crucial Test for Commercialization Amid a 1.7 Trillion Won Deficit: Boston Dynamics has appointed Rohit Prasad, a world-renowned artificial intelligence expert, as its new Chief Executive Officer (C ...; Greace Nunez Correspondent 2026.10.08

Korea Communications Commission Initiates Re-approval Review for JTBC Under Rehabilitation Process: SEOUL — The regulatory process for the re-approval of JTBC, which is currently undergoing a corporate rehabilitation process ...; Global Economic Times Reporter 2026.10.08

Class Action Lawsuit Against Coupang Over Data Breach Voluntarily Dismissed to Refile in New York Southern District Court: The class action lawsuit filed against Coupang Inc., the U.S. headquarters of the e-commerce giant, regarding a massive personal d ...; Eunsil Ju Reporter 2026.10.08

Yemeni Government Forces and Houthi Clashes Intensify: Aden Airport and Major Saudi Cities Targeted: The military conflict between the Yemeni government forces and the Iran-aligned Houthi rebels has flared up once again. According ...; Graciela Maria Reporter 2026.10.08

Samsung Special Performance Bonuses to Be Paid in March-April Next Year Amid Ongoing Compensation and Bargaining Divides: Samsung Electronics has announced that the "special management performance bonus" for its semiconductor business will be paid betw ...; KO YONG-CHUL Reporter 2026.10.08

AMD CEO Lisa Su Meets with Samsung and SK Hynix Chiefs, Sparking HBM Partnership Hopes: Lisa Su, Chair and CEO of AMD, is holding consecutive high-profile meetings with Jeon Young-hyun, Vice Chairman of Samsung Electro ...; Eugenio Rodolfo Sanabria Reporter 2026.10.08

Henri Kagan and Kenso Soai Awarded the Nobel Prize in Chemistry: French Chemist Henri Kagan (96) and Japanese Chemist Kenso Soai (76) have been jointly awarded the 2026 Nobel Prize in Chemistry. ...; Ana Fernanda Reporter 2026.10.08

Government Unveils 1,000 Trillion Won "K-GX" Initiative to Drive Decarbonization and Green Tech: SEOUL — The South Korean government has announced a massive 1,000 trillion won ($700+ billion) funding and policy package th ...; Kim Young Min Reporter 2026.10.08

Gyeonggi Province to Host Intangible Heritage Festival in Gapyeong from Oct. 16–18: Performances, Exhibitions, and Hands-on Programs: Gyeonggi Province will host the 28th Gyeonggi Intangible Heritage Festival at the Gapyeong Culture and Arts Center from October 16 ...; Global Economic Times Reporter 2026.10.08

Government Crackdown on Illegal 'Proxy-Purchasing' of Alcohol and Tobacco Targeting Youth Amid Exploitative Demands: SEOUL — South Korean government agencies have launched a joint inter-agency task force to crack down on online illegal activ ...; Yim Kwangsoo Correspondent 2026.10.08

97% of Over-the-Counter Drug Stores Violate Regulations... "Strengthen Management Before Expanding Products": Amid ongoing discussions to expand the list of over-the-counter (OTC) drugs and increase the number of authorized retail stores, a ...; Desk 2026.10.08

Biopharmaceuticals Stand Alone in Growth Amid Bio-Health Export Decline: Despite a slight decrease in overall export value due to the base effect from high performance in the same period last year, South ...; Hwang Sujin Reporter 2026.10.08

Responsibility Gap: Pharmacies Face Criminal Penalties While Convenience Stores Get Fines Over Over-the-Counter Drugs: SEOUL — Amid ongoing discussions to expand the categories and sales outlets of safety non-prescription drugs (over-the-count ...; Desk 2026.10.08