Global Economic Times

2026.05.08 (Fri)
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South Korea Elevates Public Sector AI Expertise: MOIS Launches Elite 'AI Champion' Training Program

SEOUL – In a decisive move to accelerate the digital transformation of government services, South Korea’s Ministry of the Interior and Safety (MOIS) officially launched the "2026 AI
Apple Faces Double Legal Blow: Supreme Court Rejects Fee Appeal While Tech Giant Settles ‘Siri’ Misleading Ad Lawsuit for $250 Million

CUPERTINO, Calif. – Tech titan Apple Inc. has encountered a significant double-front legal setback this week. The U.S. Supreme Court has dealt a blow to Apple’s long-standing battle over A

Global Pay Parity Demands Shaking Tech Giants: Samsung and SK Hynix Face Rising Labor Unrest in China

(C) Business Today Malaysia SEOUL — The ripples of aggressive labor demands in South Korea are now crossing borders, creating a geopolitical headache for the world’s leading semiconducto

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"Is This Really the U.S. Army?" Outrage Grows Over Poor Rations for Troops Deployed in the Middle East: As tensions escalate in the conflict with Iran, shocking reports have emerged revealing that U.S. troops deployed to the Middle Ea ...; KO YONG-CHUL Reporter 2026.04.19

AX Era Demands Immediate Shift to ‘Zero Trust’ Security Following Year of Unprecedented Breaches: SEOUL – Exactly one year after the catastrophic hacking of SK Telecom’s USIM systems in April 2025, South Korea’ ...; Hwang Sujin Reporter 2026.04.14

South Korea Leads World in AI Patents per Capita, Narrowing Gap with U.S. and China: SEOUL – South Korea has demonstrated its status as an "AI innovation powerhouse" by ranking first in the world for the numbe ...; Desk 2026.04.14

Ruling Party and Government Push for Auto Insurance Premium Cuts Amid "5/2-Day Driving Ban": The South Korean government and the Democratic Party of Korea are pushing to lower automobile insurance premiums in conjunction wi ...; Hwang Sujin Reporter 2026.04.13

Korea and Poland Elevate Ties to ‘Comprehensive Strategic Partnership,’ Expanding Cooperation to Hydrogen, Nano, and Space: SEOUL – In a historic move that signals a new era of bilateral relations, South Korean President Lee Jae-myung and Polish Pr ...; KO YONG-CHUL Reporter 2026.04.13

National Assembly Passes 26.2 Trillion Won 'Energy Crisis' Extra Budget; Up to 600,000 Won in Cash Relief: The National Assembly passed a 26.2 trillion won ($19.2 billion) supplementary budget on April 10 to mitigate the economic impact ...; KO YONG-CHUL Reporter 2026.04.13

President Lee’s Approval Rating Hits Record High of 67% for Second Consecutive Week: Gallup Korea: President Lee Jae-myung’s job approval rating has reached 67%, marking its highest level since his inauguration for two week ...; KO YONG-CHUL Reporter 2026.04.10

Chungnam Greenlights Landmark K-Pop Dome Stadium Project for 2031 Completion: South Chungcheong Province (Chungnam) has officially embarked on a transformative journey to establish itself as a global epicente ...; HONG MOON HWA Senior Reporter 2026.04.10

Celltrion’s ADC Candidate CT-P71 Granted FDA Fast Track Designation for Urothelial Carcinoma: INCHEON, South Korea — In a move that solidifies its transition from a biosimilar giant to an innovative drug developer, Cel ...; Eugenio Rodolfo Sanabria Reporter 2026.04.09

FSS Slaps Lotte Card with 4.5-Month Suspension Over Massive Data Breach: SEOUL — The Financial Supervisory Service (FSS) has issued a preliminary notice of heavy sanctions against Lotte Card follow ...; KO YONG-CHUL Reporter 2026.04.09

South Korea Emerges as Global Aviation Fuel Sentinel Amid Middle East Turmoil: (C) Fleet Wire SEOUL — As the conflict in the Middle East sends shockwaves through global energy markets, a localized "je ...; Kim Sungmoon Reporter 2026.04.08

Government to Distribute "High Oil Price Relief" to Bottom 70% of Earners: Up to ₩600,000 Per Person: SEOUL — In a decisive move to mitigate the economic fallout from the escalating conflict in the Middle East, the South Korea ...; Shin Yeju Intern Reporter 2026.04.02

Naver and Kakao Secure Direct Solar Power to Combat Global Energy Crisis: (C) Another Day Tech Giants Pivot to Direct Power Purchase Agreements (PPA) for Data Centers Amid Geopolitical Instability; Move ...; Global Economic Times Reporter 2026.04.02

Public Sector to Adopt ‘Odd-Even’ Vehicle Rotation Starting April 8; 5-Day Rotation Extended to Public Parking Lots: SEJONG — As prolonged conflict in the Middle East continues to destabilize global energy supplies, the South Korean governme ...; Global Economic Times Reporter 2026.04.02

Hanwha Stumbles, Shinhan Surges: The Changing Guard of Korea’s ‘Big 3’ Life Insurers: Overview: A Shift in the Traditional HierarchyThe long-standing dominance of the "Big 3" life insurance titans—Samsung Life, ...; Global Economic Times Reporter 2026.04.02

Meta Debuts AI Smart Glasses Designed for Prescription Lens Users: A New Frontier in Wearable Diet Tracking: (C) Youtube MENLO PARK — In a move that signals the next evolution of wearable technology, Meta has officially unveiled its ...; Global Economic Times Reporter 2026.04.01

Apple Extends Emergency Location Sharing to 30 Minutes Following Collaboration with KCC: SEOUL – In a significant move to enhance public safety, Apple has agreed to extend the duration of emergency location inform ...; Hwang Sujin Reporter 2026.04.01

S. Korean Economic Leaders Form ‘One-Team’ to Counter Middle East Volatility: (C) Ministry of Finance and Economy SEOUL — South Korea’s top economic policymakers have established a high-level coo ...; Global Economic Times Reporter 2026.04.01

Chaos Over Garbage Bags: Illegal Trading Surges on Second-hand Platforms Amid Middle East War: The "Garbage Bag Crisis" Hits the Resale Market"Selling Seongnam City garbage bags. 30 pieces of 20-liter bags available for bulk ...; Yim Kwangsoo Correspondent 2026.03.30

“Urban Community Headquarters Holds 1st Sustainable Urban Community Forum in Sejong”: The Urban Community Headquarters (UCH, Chairperson Lee Ga-hee), a non-profit corporation, held the "1st Sustainable Urban Communit ...; LEE YEON SIL Reporter 2026.03.27

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