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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Seoul Metropolitan Government to Issue Additional 74.5 Billion KRW in 'Seoul Love Gift Certificates' to Support Small Businesses: The Seoul Metropolitan Government announced on March 5th that it will issue an additional 74.5 billion KRW worth of 'Seoul Love Gi ...; Hwang Sujin Reporter 2025.03.06

Police Prepare for Emergency Response as President Yoon Suk-yeol's Impeachment Ruling Looms: Seoul, South Korea – As the Constitutional Court is expected to deliver its ruling on President Yoon Suk-yeol's impeachment ...; KO YONG-CHUL Reporter 2025.03.06

Seoul Doubles Transportation Card Support for Elderly Drivers Voluntarily Surrendering Licenses: Seoul Metropolitan Government announced on January 5th that it will double the transportation card support from 100,000 won to 200 ...; Desk 2025.03.06

Multicultural TV Selected as Public Interest Channel for 2025-2026, Contributing to Enhancing Diversity in Korean Society: Multicultural TV announced on March 5th that it has been selected as a public interest channel for 2025-2026 by the Korea Communic ...; Desk 2025.03.06

Air Force Colonel Sent to Prosecution for Sexual Assault and Attempted Rape of Female Officer: The Chungbuk Provincial Police Agency announced on March 5th that they have forwarded Colonel A of the 17th Fighter Wing to the pr ...; KO YONG-CHUL Reporter 2025.03.06

Hong Kong Firm to Sell Panama Canal Port Operations to U.S. Consortium Amidst Trump's Trade Route Ambitions: CK Hutchison Holdings, a Hong Kong-based company, has agreed to sell its Panama Canal port operations to a U.S. consortium led by ...; Graciela Maria Reporter 2025.03.06

Trump Targets South Korea with All-Around Pressure: Tariffs, Investments, and Increased Defense Cost Sharing Possible: President Donald Trump's designation of South Korea as an "ally that harms the United States" has heightened tensions in the U.S.- ...; Desk 2025.03.06

Six Out of Ten Seoul Citizens Favor Raising Subway Free Ride Age to 70: A recent survey reveals that six out of ten Seoul citizens support raising the age limit for free subway rides, currently set at 6 ...; Hwang Sujin Reporter 2025.03.05

South Korea's Tourism Deficit Exceeds $10 Billion Amidst Recovery: South Korea's tourism balance deficit has surpassed $10 billion last year, indicating a severe deterioration. Despite the rapid in ...; Global Economic Times Reporter 2025.03.05

KHNP Achieves Asia's First Nuclear Green Bond Issuance: Korea Hydro & Nuclear Power Co. (KHNP) announced on the 5th that it has successfully issued Asia's first nuclear green bond. T ...; Global Economic Times Reporter 2025.03.05

South Korea Shifts Livestock Disease Control to Local and Private Sectors, Expands AI-Driven Prevention: The South Korean government has announced a 'Mid-to-Long-Term Livestock Disease Control Development Plan,' shifting the livestock ...; Global Economic Times Reporter 2025.03.05

Hyundai Marine & Fire Insurance Expands AI Voice Guidance System for Auto Claims: Hyundai Marine & Fire Insurance (001450) announced on the 5th that it has expanded the application of its 'Auto Claims AI Voic ...; Desk 2025.03.05

Lotte Non-Life Insurance's 'wonder' Wins Winner Award at 2024 A.N.D. Award: Lotte Non-Life Insurance (000400) announced on the 5th that its sales support platform 'wonder' won the Winner Award in the Securi ...; Hwang Sujin Reporter 2025.03.05

Kyobo Life Insurance Wins 2024 AND Award for Web Drama 'Neighbors in a Narrow Space': Kyobo Life Insurance has been awarded the Winner Award in the large enterprise category of the Digital Advertising and Campaign di ...; Hwang Sujin Reporter 2025.03.05

BNK Busan Bank Revamps Lotte Giants-Linked Deposit Products After 18 Years: BNK Busan Bank announced on the 5th that it will revamp its regular deposit and savings products that offer preferential interest ...; Yim Kwangsoo Correspondent 2025.03.05

Financial Authorities Launch Joint Task Force to Combat New Money Laundering Techniques, Conduct Full Investigation of Saemaul Geumgo: Financial authorities are establishing a joint task force (TF) with the financial sector to proactively address emerging money lau ...; Hwang Sujin Reporter 2025.03.05

Insurance Fraud Involving Agents on the Rise; Financial Authorities Vow Strong Response: Financial authorities are taking strong measures as the amount of insurance fraud involving insurance agents increased by nearly 2 ...; Hwang Sujin Reporter 2025.03.05

Financial Supervisory Service Urges Second-Tier Financial Institutions to Swiftly Resolve Non-Performing Assets and Ensure Stable Funding for Vulnerable Groups: The Financial Supervisory Service (FSS) has called on second-tier financial institutions to expedite the resolution of non-perform ...; Desk 2025.03.05

KRW/USD Exchange Rate Surpasses 1,460 Amidst Trump's Tariff Remarks, Limited by Risk-On Sentiment: The KRW/USD exchange rate surpassed 1,460 during trading on the 5th due to U.S. President Donald Trump's tariff remarks, but the u ...; KO YONG-CHUL Reporter 2025.03.05

GS E&C’s ‘BEYOND A.’ Magazine Wins Double at iF Design Award 2025: GS E&C’s Xi brand magazine, ‘BEYOND A.,’ has been honored with two Winner awards at the prestigious iF Desig ...; Desk 2025.03.05