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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Official Presentation of Credentials in Paraguay: On Monday, May 4, 2026, Ambassador Hyuk-Sang Sohn presented his letters of credence to Santiago Peña, the President of the ...; KO YONG-CHUL Reporter 2026.05.06

U.S. Intelligence: Iran’s Nuclear Capabilities Remain Intact Despite Two Months of Strikes: (C) NPR Despite two months of intensive military operations by the United States and Israel, the U.S. intelligence community asse ...; KO YONG-CHUL Reporter 2026.05.06

Illegal FSD Activations Surge in Korea: Safety Risks and Regulatory Gaps: SEOUL — A growing number of Tesla owners in South Korea are attempting to bypass regional restrictions to activate "Full Sel ...; Desk 2026.05.05

Ministry of Planning and Budget Pioneers AI-Powered Mobile Workspace, Signaling New Era for Public Administration: (C) Niskanen Center SEOUL — In a move that signals a paradigm shift in public administration, the South Korean Ministry o ...; Global Economic Times Reporter 2026.05.05

Fear Over Liability: Why 96% of Korean Elementary Teachers Are Saying ‘No’ to Field Trips: SEOUL — For decades, the school field trip was a rite of passage for South Korean students—a chance to escape the chal ...; KO YONG-CHUL Reporter 2026.05.04

'Lotto Apartment' Fever: Seoul Sees 90,000 Applications in March as Subscription Market Heats Up: The South Korean real estate market witnessed a dramatic surge in home subscription activities this spring. According to data rele ...; Hwang Sujin Reporter 2026.05.04

Lim Tae-hee Pledges to Ease School Uniform Costs, Proposing 400,000 Won Support for Casual Wear: Suwon, Gyeonggi Province — Lim Tae-hee, a preliminary candidate for the Gyeonggi Provincial Superintendent of Education, has ...; Kim Sungmoon Reporter 2026.05.02

Samsung Biologics Faces First-Ever Strike: Cancer Drug Production Halted Amid $110 Million Loss: INCHEON – Samsung Biologics, one of the world’s largest contract development and manufacturing organizations (CDMO), h ...; KO YONG-CHUL Reporter 2026.05.02

Kurly Abandons 'All-Paper' Packaging Strategy Amid Rising Cost Pressures: Kurly, the South Korean e-commerce pioneer known for its premium grocery delivery, has officially rolled back its signature "All-P ...; KO YONG-CHUL Reporter 2026.04.28

Pentagon’s Arsenal Drained by Iran Conflict: Mounting Fears Over Deterrence Gaps in Korea and Taiwan: WASHINGTON D.C. – As the conflict with Iran intensifies, the United States military is burning through its stockpile of prec ...; Yim Kwangsoo Correspondent 2026.04.25

South Korea Fines Paper Cartel $245M for Systematic Price Fixing: SEJONG – The Korea Fair Trade Commission (KFTC) announced on Thursday that it has imposed a combined fine of 338.3 billion K ...; KO YONG-CHUL Reporter 2026.04.25

South Korea Expands Child Allowance: 2017-born Children to Receive Up to ₩480,000 this Month: SEOUL – The South Korean Ministry of Health and Welfare announced on Thursday a significant expansion of the national child ...; Yim Kwangsoo Correspondent 2026.04.25

Blue House Secures 74 Million Barrels of Oil for May; Moves to Slash Middle East Reliance: SEOUL — The South Korean Presidential Office announced on Friday that the nation has secured a stable supply of crude oil fo ...; Global Economic Times Reporter 2026.04.25

Secondary Battery Boom Ignites: Samsung SDI, LG Energy Solution Surge Over 5% in Pre-market: SEOUL — South Korea’s secondary battery sector is witnessing a massive resurgence. Shares of industry giants Samsung S ...; Desk 2026.04.22

Lee Jae-yong’s Vision Vindicated: Samsung’s $8B Harman Deal Doubles Revenue to $12B in a Decade: [SEOUL] Ten years after Samsung Electronics Executive Chairman Lee Jae-yong orchestrated the boldest acquisition in South Korean c ...; KO YONG-CHUL Reporter 2026.04.22

MAFRA Unveils Success in Integrated Rural Care: Synergizing Social Farming and Medical Services: Rural care in South Korea is evolving into a comprehensive model that integrates agriculture, medical care, and essential life ser ...; ONLINE TEAM 2026.04.21

Generative AI Use Triples Among Seoul Citizens, but Digital Divide Persists for Seniors: The adoption of Artificial Intelligence (AI) is rapidly spreading across Seoul, but a significant "digital divide" remains as the ...; Hwang Sujin Reporter 2026.04.21

60-Year-Old Man Sentenced to 27 Years in Prison for Killing Wife Immediately After Restraining Order Expired: An appellate court has upheld a heavy prison sentence for a man in his 60s who brutally murdered his wife just one week after his ...; KO YONG-CHUL Reporter 2026.04.19

K-Innovation Hits Record High: Over 27,000 Public Ideas Flood the ‘Everyone’s Idea’ Project: DAEJEON, South Korea — In a historic display of civic engagement and creative fervor, the Korean public has submitted a reco ...; KIM YOUNG MIN 2026.04.19

LG Uplus Employees Extend Helping Hand to Visually Impaired Family in Medical Crisis: SEOUL — In a heartwarming display of corporate social responsibility, LG Uplus announced on April 16 that it has donated 5 m ...; Kim Sungmoon Reporter 2026.04.19

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