Global Economic Times

2026.03.23 (Mon)
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JBNU and SKKU Researchers Achieve Breakthrough in "Dream Material" MXene, Setting New World Records in Performance

SUWON/JEONJU – A South Korean joint research team has announced a landmark achievement in the development of MXene, a next-generation two-dimensional (2D) nanomaterial often dubbed a "drea
Contrasting Fortunes in Petrochemical Restructuring: Yeosu Moves Forward, Ulsan Stalls

The South Korean petrochemical industry is witnessing a "tale of two cities" as major hubs Yeosu and Ulsan show starkly different progress in their government-led business restructuring ef

Appellate Court Begins Review of Kakao Founder’s Acquittal in SM Entertainment Stock Rigging Case

SEOUL — The legal battle surrounding the alleged stock market manipulation of SM Entertainment has entered its second chapter. On Friday, the Seoul High Court held its first preparatory hearing

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Krafton to Offer Up to 100 Million Won in Childbirth Incentives: Krafton, the leading game company in South Korea by market capitalization, has announced a new policy to provide employees who hav ...; Hwang Sujin Reporter 2025.02.17

South Korea to Invest ₩1 Trillion in University Research Institutes: Seoul, South Korea – The South Korean government has announced a major investment in university-based research institutes to ...; Desk 2025.02.17

SPHEREx: A Revolutionary Space Telescope Set to Unveil the Universe's Secrets: Embarking on a groundbreaking mission, the Space Infrared Explorer (SPHEREx), a next-generation space telescope jointly developed ...; Hannah Yeh Reporter 2025.02.17

Slou Bed Launches 'Evening Moonray' Motion Mattress for Newlyweds: SEOUL – Slou Bed, a mattress brand under the Persis Group, has unveiled its latest offering, the 'Evening Moonray' motion ma ...; Hwang Sujin Reporter 2025.02.17

Cosmax Obtains Approval for 'White Plusome', a Functional Ingredient That Greatly Enhances Whitening Effect: Cosmax announced on the 17th that it has obtained approval for a non-notified main ingredient for 'White Plusome', a functional in ...; Hwang Sujin Reporter 2025.02.17

South Korea's Fresh Fruit Imports Reach Record High in 2024: Seoul - South Korea's imports of fresh fruits such as bananas and pineapples have reached a record high in 2024, exceeding 1.4 bil ...; Hwang Sujin Reporter 2025.02.17

Dunamu Acquires Global Digital Music Score Platform MPAG: Seoul, South Korea – Dunamu, a leading blockchain and fintech company in South Korea, announced on February 17th that it has ...; Global Economic Times Reporter 2025.02.17

Gyeonggi Province's 'Climate Action Opportunity Income' Program Exceeds 1 Million Subscribers: Gyeonggi Province, South Korea – The "Climate Action Opportunity Income" program, launched by Gyeonggi Province in July 2023 ...; Min Gyu Mi Reporter 2025.02.17

South Korea Launches Comprehensive Battery Management System for Electric Vehicles: Seoul, South Korea – This month, South Korea introduced a comprehensive "Battery Lifecycle Management System" for electric v ...; Yim Kwangsoo Correspondent 2025.02.17

Newborn Special Loan Favors High-Income Households, Missing Policy Goals: A loan program designed to combat low birth rates by offering preferential terms to families with newborns is being disproportiona ...; Global Economic Times Reporter 2025.02.17

South Korean Small Businesses Struggle with Debt Amidst Economic Downturn: Seoul - A recent report by Korea Credit Data reveals that approximately 1 in 10 small businesses in South Korea that had taken out ...; Hwang Sujin Reporter 2025.02.17

Whale Feces: A Vital Fertilizer for Marine Ecosystems: A recent study conducted by researchers at the University of Washington has revealed that whale feces contain iron and copper, whi ...; Sharon Yoon Correspondent 2025.02.16

Climate Change Linked to Increased Wildfire Damage: Supercomputer Analysis Reveals 14% Increase in Burned Area per 1 Degree Celsius RiseA research team from the Institute for Basic S ...; KO YONG-CHUL Reporter 2025.02.16

China's claim on Korean poet Yoon Dong-joo sparks outrage: Seoul, South Korea – February 16th marked the 80th anniversary of the death of Yoon Dong-joo, a revered Korean poet who resi ...; KO YONG-CHUL Reporter 2025.02.16

Busan Port to Enhance Competitiveness with Transhipment Monitoring System: Busan Port, the world's second largest transhipment port, will expand the application of the transhipment monitoring system to all ...; Desk 2025.02.16

Wonju City to Hold Grand Opening Ceremony for Sogeumsan Grand Valley Cable Car: Wonju City announced on the 16th that it will hold the grand opening ceremony for the Ganhyeon Tourist Site Cable Car at the Sogeu ...; Desk 2025.02.16

Gyeongsangbuk-do Supports Medical Care for Foreigners in Need: Gyeongsangbuk-do Province is launching a pilot program to provide financial assistance to foreign residents who lack access to hea ...; Desk 2025.02.16

Beyond the Basics: Exploring the Unique World of Special Pork Cuts in Korea: Korean cuisine is renowned for its delicious pork dishes, but beyond the familiar samgyeopsal (pork belly) and moksal (pork should ...; Hwang Sujin Reporter 2025.02.15

Phishing Scam Alert: Impersonating Postal Workers for Personal Information: The South Korean government has issued a warning about a recent surge in phishing scams targeting individuals by impersonating pos ...; KO YONG-CHUL Reporter 2025.02.15

Overseas Direct Purchase Fraud Soars, Driven by Social Media Ads: SEOUL – As overseas direct purchases (cross-border e-commerce) become increasingly popular, so too has the incidence of frau ...; KO YONG-CHUL Reporter 2025.02.15