Global Economic Times

2026.06.28 (Sun)
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Seoul Metro to Ban Personal Mobility Devices and High-Capacity Lithium Batteries Starting July

SEOUL — Starting July 1, 2026, passengers will be prohibited from bringing personal mobility (PM) devices powered by lithium batteries and high-capacity lithium batteries into Seoul Metro statio
South Korea’s Bid for MSCI Developed Market Status Stalls Again

SEOUL — South Korea’s long-standing ambition to be reclassified as a "Developed Market" (DM) by Morgan Stanley Capital International (MSCI) has faced another setback. In its 20

President Lee Steps Up Regional Growth Blueprint, Putting AI and Chips at the Center

SEOUL — President Lee Jae-myung is set to hold a series of high-level meetings with the leaders of South Korea’s semiconductor giants, Samsung Electronics and SK Group, to finalize an ambi

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First Lady Kim Keon-hee Summoned for Special Counsel Investigation into Widespread Allegations Including Stock Manipulation, Geonjinbeopsa, and Nomination Interference... Former President Yoon Seok-yeol Also to Be Investigated: The Special Counsel Team led by Min Jung-ki, which is investigating various allegations surrounding First Lady Kim Keon-hee, has a ...; Hwang Sujin Reporter 2025.07.21

Special Prosecutor's Office Raids Across the Board Amid Suspicions of Unification Church's Cambodia Business Lobbying via 'Geonjinbeopsa': The Special Prosecutor's Team investigating allegations related to First Lady Kim Keon-hee, led by Special Prosecutor Min Joong-ki ...; KO YONG-CHUL Reporter 2025.07.21

Bucheon Childcare Center Association Hosts '2025 Childcare Professionals' Night': The Bucheon Childcare Center Association (President Hyun Yu-soon) held the '2025 Childcare Professionals' Night' event on the 15th ...; Hwang Sujin Reporter 2025.07.20

K-Beauty and Medical Tourism Join Hands... Bucheon City Signs MOU for Beauty and Medical Tourism: On July 18th, Bucheon City held a "Beauty and Medical Tourism Industry Co-prosperity Cooperation MOU Ceremony" at the meeting room ...; KO YONG-CHUL Reporter 2025.07.20

Suspect in Sambu Construction Stock Manipulation Case, Vice Chairman Lee Ki-hoon, Detected Attempting to Smuggle Out of Country… Investigative Authorities in Full Pursuit: An intelligence report indicating that Lee Ki-hoon, Vice Chairman of Sambu Construction and Chairman of Wellbiotech, a key figure ...; Ana Fernanda Reporter 2025.07.20

Illicit Loan Shark Who Demanded Sexual Favors Sentenced to Heavy 5-Year Prison Term: The court has handed down a heavy sentence to a 50-year-old illegal loan shark who operated an unregistered lending business, appl ...; Global Economic Times Reporter 2025.07.20

Landfill Transformed into a Giant Greenhouse: 'SuperMidden' Project Aims to Boost Food Self-Sufficiency: A landfill in Wiltshire, UK, is preparing to transform into a futuristic farm. The "SuperMidden" project, driven by landfill opera ...; Eugenio Rodolfo Sanabria Reporter 2025.07.20

Military Personnel Who 'Disobeyed' Illegal Martial Law Orders to Be Honored for 'Refusing Insurrection': The Ministry of National Defense is pushing to identify and award military personnel who disobeyed illegal and unjust orders from ...; Desk 2025.07.18

Special Prosecutor Team for Marine Corporal Chae's Case Expands Investigation into Former Division Commander Lim Sung-geun's Alleged "Lobbying for Salvation": The Special Prosecutor Team, led by Lee Myung-hyun, investigating the alleged "lobbying for salvation" by former Marine Corps 1st ...; KO YONG-CHUL Reporter 2025.07.18

Gwangju and Jeonnam Face Additional Heavy Rain Warnings Amidst Record Downpour… Widespread Damage, Difficult Search for Missing Persons: Gwangju and Jeonnam regions, already battered by record-breaking heavy rainfall, received expanded heavy rain warnings again on th ...; Hwang Sujin Reporter 2025.07.18

Mother Sentenced to 25 Years in Prison for Murdering Teenage Son After Brutal Abuse: On the 18th, the Busan District Court Criminal Division 6 (Presiding Judge Kim Yong-gyun) sentenced Ms. A, a woman in her 40s, to ...; KO YONG-CHUL Reporter 2025.07.18

Court Rejects Former President Yoon Suk-yeol's Request for Review of Detention Legality; Special Prosecutor's Indictment Imminent: The court has rejected former President Yoon Suk-yeol's request for a review of the legality of his detention, reconfirming the le ...; KO YONG-CHUL Reporter 2025.07.18

Escape the Heat in the City: Bucheon Supia Botanical Garden Extends Night Hours and Offers Special Programs: To help citizens combat the summer heat, Bucheon City is expanding the evening operation of the Supia Botanical Garden and introdu ...; Hwang Sujin Reporter 2025.07.17

Bucheon City Enhances Communication with North Korean Defectors: "210, Bucheon TalkTalk" City Hall Tour Successfully Concluded: Bucheon City provided a meaningful platform for communication with North Korean defectors through the "210, Bucheon TalkTalk" city ...; Hwang Sujin Reporter 2025.07.17

"City Administration Through Children's Eyes": Bucheon City Recruits Junior Reporters: Bucheon City announced on the 16th that it will recruit members for the "2025 Bucheon City Junior Reporter Group" from July 22nd t ...; Hwang Sujin Reporter 2025.07.17

Bucheon City to Host 'I LOVE Gangneung' Themed Event with Gangneung City: Bucheon City, in commemoration of the 20th anniversary of its sisterhood ties with Gangneung City, will co-host the 'I LOVE Gangne ...; KO YONG-CHUL Reporter 2025.07.17

Daejeon City Wins 2025 Korea Local Autonomy Development Grand Prize: Daejeon City (Mayor Lee Jang-woo) has been honored with the Grand Prize in the Metropolitan category at the '2025 Korea Local Auto ...; HONG MOON HWA Senior Reporter 2025.07.17

Chungnam Province and Cities/Counties Hold Emergency Meeting to Prepare for Heavy Rain: Chungcheongnam-do Province and its 15 cities and counties held an emergency meeting to prepare for heavy rainfall, once again chec ...; HONG MOON HWA Senior Reporter 2025.07.17

Daejeon City Completes 2025 Indoor and Rooftop Garden Project: Daejeon City successfully completed the '2025 Indoor and Rooftop Garden Creation Project' in July, having commenced construction i ...; HONG MOON HWA Senior Reporter 2025.07.17

Daejeon City and 8 Old Downtown Merchant Associations Join Hands for Fair Practices: On the 17th, Daejeon City signed a Memorandum of Understanding (MOU) with 8 merchant associations from the old downtown area for t ...; HONG MOON HWA Senior Reporter 2025.07.17