Global Economic Times

2026.11.11 (Wed)
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South Korea’s Exports Surge Past $800B for First Time on Semiconductor Boom, Eyeing $1Trillion Milestone: SEOUL — Propelled by an unprecedented semiconductor super-cycle, South Korea’s cumulative exports have surpassed $800 ...; Kim Sungmoon Reporter 2026.10.03

G7 Agrees to Release 100 Million Barrels of Strategic Reserves to Tame Surging Fuel Prices: PARIS — In an urgent coordinated effort to combat soaring global energy costs, the Group of Seven (G7) industrialized nation ...; Hwang Sujin Reporter 2026.10.03

North Korea’s Kim Yo-jong Rejects Seoul's Dialogue Offer, Calling It 'Delusional Nonsense': SEOUL — North Korea has delivered a blunt and defiant rebuff to South Korea’s latest overtures for dialogue, shutting ...; KO YONG-CHUL Reporter 2026.10.03

WINNER Member Song Mino Sentenced to Probation for 102-Day Unauthorized Absence During Alternative Service: SEOUL — Song Mino, a 33-year-old member of the K-pop group WINNER, has received a suspended prison sentence for habitually a ...; Desk 2026.10.03

Lim Eun-jung Bids Emotional Farewell to the Prosecution: "Leaving with Our Names as True Prosecutors Behind": On the eve of a major restructuring that establishes the Serious Crime Investigation Agency (SCIA) and the Prosecution Service, Li ...; KO YONG-CHUL Reporter 2026.10.03

Hyundai Glovis Poised for Q3 Earnings Rebound Driven by Chinese Automakers and Easing Maritime Costs: SEOUL — Hyundai Glovis, South Korea’s leading logistics and shipping provider, is projected to post a significant rebo ...; KO YONG-CHUL Reporter 2026.10.03

Business Circles Express Deep Concern Over Newly Passed Occupational Safety and Health Act Amendment: SEOUL — South Korea's business community has strongly protested the passage of a controversial amendment to the Occupational ...; Yim Kwangsoo Correspondent 2026.10.03

LG CNS Partners with General Atlantic to Co-Invest in Enterprise Software and AI: SEOUL — LG CNS, a leading South Korean IT service and digital transformation provider, has forged a strategic co-investment ...; Yim Kwangsoo Correspondent 2026.10.03

South Korean Brokerage Houses Go All-In on ISA Accounts as Subscribers Surpass 10 Million: SEOUL — South Korea’s brokerage industry is locked in an intense battle to secure customers as the total number of Ind ...; Hwang Sujin Reporter 2026.10.03

KT Expands Healthcare AX Business with New 'Medical Standard Model': KT announced that it is accelerating the digital and artificial intelligence (AI) transformation of domestic hospitals by launchin ...; Hee Chan Kim Reporter 2026.10.03

30% of Employees Replaced by AI Expected to Be Rehired by 2029, Predicts Gartner: SEOUL — According to a recent global analysis, approximately 30% of employees who lose their jobs to artificial intelligence ...; Kim Sungmoon Reporter 2026.10.03

South Korea Loses ISDS Remand Arbitration to U.S. Hedge Fund Elliott, Facing $48.4M Liability: South Korea’s legal battle against U.S. private equity firm Elliott Management has taken a significant turn, with the govern ...; KO YONG-CHUL Reporter 2026.10.03

Trump Administration Pressures European Allies to Release Strategic Diesel Reserves Amid Surging Fuel Prices Ahead of Midterms: WASHINGTON — Facing soaring diesel prices and mounting political pressure just a month before the November midterm elections ...; Eugenio Rodolfo Sanabria Reporter 2026.10.03

"Unstoppable" Seoul Apartment Prices Set Record Streak at 86 Weeks of Continuous Growth: SEOUL — Seoul's apartment prices have broken a historical milestone, marking an unprecedented 86 consecutive weeks of upward ...; Global Economic Times Reporter 2026.10.03

US Deploys Third Carrier and 10,000 Troops to Middle East Amid Rising Tensions with Iran: WASHINGTON — In a major military escalation, the United States has dispatched a third aircraft carrier strike group and roug ...; Ana Fernanda Reporter 2026.10.03

Finder Claims 19 Million KRW After 25 Million KRW Discovered in Incheon Garbage Bag Goes Unclaimed: INCHEON — A remarkable stroke of luck—and honesty—has resulted in a Incheon resident legally claiming a substant ...; Min Gyu Mi Reporter 2026.10.03

Kospi Opens Lower Cautiously Ahead of US Jobs Data; Tech Giants Diverge: SEOUL — The South Korean stock market opened lower on Friday, weighed down by strong cautious sentiment ahead of the crucial ...; Kim Young Min Reporter 2026.10.03

Dramatic Footage Reveals Moments of Terror Aboard Flydubai Flight After Copilot’s Attack: Newly released footage has laid bare the harrowing moments inside a Flydubai flight after the copilot allegedly stabbed the captai ...; Global Economic Times Reporter 2026.10.03

BNK Busan Bank Suffers Data Leak Affecting 11 Outsourced Developers Due to AI-Driven Cyber Attack: Following similar incidents at major commercial institutions like Shinhan, KB Kookmin, and Hana banks, a regional financial instit ...; Desk 2026.10.03

Imagination That Assassinated History and Ethics: The Fierce Backlash Faced by the Movie "Assassins": The movie "Assassins," which drew a large audience and generated buzz in theaters during this year's Chuseok holiday, is facing a ...; KO YONG-CHUL Reporter 2026.10.03