Global Economic Times

2026.06.27 (Sat)
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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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Elon Musk Sues OpenAI and Microsoft for $134 Billion, Alleging "Deception" and "Broken Promises": (C) KMJ SAN FRANCISCO – Elon Musk, CEO of SpaceX and xAI, has intensified his legal battle against OpenAI and its partner ...; Eunsil Ju Reporter 2026.01.18

The Rise and Fall of ‘Young Forty’: Why Korea’s Youth Are Mocking Trendy Middle-Aged Men: (C) Youtube SEOUL — A trendy middle-aged man dressed in a Stüssy t-shirt, wearing limited-edition Nike sneakers, and ...; Global Economic Times Reporter 2026.01.18

China’s People’s Daily Highlights Kim Ku’s Anti-Japanese Legacy: "A Pioneer of Korea-China Friendship": (C) Foundation Kim Ku BEIJING – In a move seen as a strategic diplomatic gesture toward Seoul, the People’s Daily, ...; Eugenio Rodolfo Sanabria Reporter 2026.01.16

"Newborn Heading Home": Handwritten Sign Moves Hearts on Korean Roads: (C) Threads In an era where road rage and aggressive driving often dominate the headlines, a simple, handwritten sign on the ba ...; Kim Sungmoon Reporter 2026.01.16

Actress Nana Cleared of Charges After Robber’s "Counter-Lawsuit" Ruled Self-Defense: (C) SOOJIB GURI, South Korea — Police have officially cleared Nana (Im Jin-ah), an actress and former member of the girl ...; Min Gyu Mi Reporter 2026.01.16

Daewoo E&C Takes the Lead in $8 Billion Gadeokdo Airport Project After Rivals Exit: (C) Namuwiki The Gadeokdo New Airport project, South Korea’s most ambitious maritime infrastructure venture, is entering ...; KO YONG-CHUL Reporter 2026.01.16

Prime Minister Kim Announces 20 Trillion Won Support for New "Integrated Special Cities": SEOUL – In a landmark move to decentralize national growth, Prime Minister Kim Min-seok announced on Friday a massive suppor ...; Desk 2026.01.16

Coupang Begins Disbursing 50,000 Won Compensation Coupons Following Data Breach: SEOUL — E-commerce giant Coupang has officially begun distributing compensation to 33.7 million users affected by a recent m ...; KO YONG-CHUL Reporter 2026.01.15

Lotte Chairman Shin Dong-bin Declares Strategic Shift: "Break Away from Familiarity": (C) The Investor Lotte Group Chairman Shin Dong-bin has announced a major transformation in the group’s management strategy ...; Hwang Sujin Reporter 2026.01.15

US Navy Sailor Sentenced to 16 Years for Selling Amphibious Assault Ship Secrets to China: (C) USIN News SAN DIEGO – A former U.S. Navy petty officer was sentenced to more than 16 years in federal prison on Monda ...; Sharon Yoon Correspondent 2026.01.13

Special Prosecutor Seeks 15-Year Sentence for Ex-Minister Lee Sang-min Over Insurrection Charges: (C) Lee Sang-min | The Guardian Nigeria News SEOUL – In a final court hearing on Monday, the special prosecution team led ...; KO YONG-CHUL Reporter 2026.01.12

President Lee Signals Crackdown on "Harmful" Religious Sects Amid Calls for Dissolution: (C) La Razon SEOUL — President Lee Jae-myung on Monday took a firm stance against controversial religious groups, includi ...; KO YONG-CHUL Reporter 2026.01.12

The "Lee Boo-jin Effect": Samsung Heiress Spotted in $130 Domestic Dress, Not Luxury Labels: (C) Freeview.ph SEOUL — Lee Boo-jin, CEO of Hotel Shilla and a prominent member of the Samsung family, has once again cap ...; Hwang Sujin Reporter 2026.01.11

From 'Maduro Gray' to 'Hwang Hana Parka': Why Negative News Drives Fashion Consumption: The "Blame Look" phenomenon—where fashion items worn by individuals embroiled in social scandals or criminal allegations bec ...; Desk 2026.01.11

National and Basic Pension Payouts to Rise by 2.1% This Year: Recipients of the National Pension and Basic Pension will see a 2.1% increase in their monthly benefits starting this year. The M ...; KO YONG-CHUL Reporter 2026.01.11

Yoon’s Unprecedented Delay Tactics: Final Sentencing Recommendation Rescheduled for the 13th: SEOUL – The first-instance final hearing for former President Yoon Suk Yeol, charged with leading an insurrection, was exten ...; KO YONG-CHUL Reporter 2026.01.10

South Korea's Air Passenger Traffic Hits All-Time High in 2025: Travelers Shift Focus from SE Asia to Japan and China: (C) KED Global SEOUL – South Korea’s aviation industry reached a historic milestone in 2025, with total air passen ...; Desk 2026.01.10

South Korea Denies North’s "Drone Incursion" Claims; Debris Found to Contain Commercial Parts: (C) DW SEOUL / PYONGYANG – Tensions on the Korean Peninsula escalated on Saturday as North Korea claimed to have downed Sou ...; KO YONG-CHUL Reporter 2026.01.10

Large-scale Wildfire Breaks Out in Uiseong, North Gyeongsang Province; Level 2 Emergency Response Issued Amid Resident Evacuations: (C) The Hans India UISEONG, North Gyeongsang — A massive wildfire erupted on Saturday afternoon in Uiseong-gun, North Gy ...; KO YONG-CHUL Reporter 2026.01.10

"You Are Our Heroes": Singaporean Hikers Send Gratitude to Korean Rescuers: (C) Gyeonggi Northern Provincial Fire & Disaster Headquarters. A heartwarming story has emerged of Singaporean tourists who, ...; Hwang Sujin Reporter 2026.01.09