Global Economic Times

2026.09.26 (Sat)
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Geoje, Still Scarred by Flood Damage, Receives 'Chuseok Warmth' from Across the Country Over 2 Billion Won Donated Since Disaster; 380,000 Items Worth 1.1 Billion Won in Relief Supplies

"We will not forget the precious hearts of volunteers who sent donations and supplies from all over the country and visited the site in person to lend a hand, and we will do our utmost in recove
Merchants Create Their Own Festival… Chilgok Seokjeok-ro Riverside Merchants Association Promotes Alley Commercial District

The Seokjeok-ro commercial district in Chilgok-gun, designated as a neighborhood-type shopping district, is set to attract residents with a festival centered on local stories. As the first event wher

Incheon Queer Culture Festival to Be Held on October 17... "The City Must Withdraw Its Appeal Regarding Plaza Litigation"

The Incheon Queer Culture Festival Organizing Committee announced its plan to hold the 9th annual festival next month, urging the Incheon Metropolitan Government to withdraw its appeal in the ongoing

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In the AI Era, CEOs Must Transfigure into ‘Total Experience Owners’ (CXOs), Asserts Douzone Bizon Co-CEO Ji Yong-goo: SEOUL, South Korea — In the rapidly accelerating era of Artificial Intelligence Transition (AX), the traditional paradigms o ...; Desk 2026.05.21

Starbucks Korea’s ‘Tank Day’ Blunder Triggers Broad Shinsegae Stock Sell-Off: SEOUL — A severe public backlash over an insensitive marketing campaign by Starbucks Korea has spilled over into the broader ...; Desk 2026.05.21

Shinsegae Chairman Chung Yong-jin Faced with Legal Complaints Over Starbucks ‘Tank Day’ Controversy: SEOUL — Shinsegae Group Chairman Chung Yong-jin and former Starbucks Korea CEO Son Jung-hyun are facing formal criminal comp ...; KO YONG-CHUL Reporter 2026.05.21

HMM Tanker Begins Safe Passage Through Strait of Hormuz; Foreign Minister Cho Says Negotiations Underway for Remaining 25 Vessels: SEOUL — A South Korean ultra-large crude carrier trapped in the Strait of Hormuz has successfully initiated its passage thro ...; Hwang Sujin Reporter 2026.05.21

FTC Slams Korea's Top 5 Courier Giants with 3 Billion Won Fine Over 'Unfair Contracts': SEOUL — South Korea’s antitrust watchdog has hit the nation’s five major logistics companies with a combined fin ...; Hwang Sujin Reporter 2026.05.19

Samsung Electronics Union to Push Ahead with May 21 Strike Despite Court Injunction: SUWON, South Korea — Despite a court ruling that largely granted Samsung Electronics’ request for an injunction agains ...; Yim Kwangsoo Correspondent 2026.05.19

President, Court Move to Check Looming Samsung Electronics Strike: SEOUL — South Korean President Lee Jae-myung and the judiciary have both moved to check a looming strike by Samsung Electron ...; Desk 2026.05.19

South Korea Toughens Liquidity Rules for Brokerages to Prevent Second 'Legoland Crisis': SEOUL — South Korean financial authorities are tightening their grip on the liquidity management of local brokerage firms. I ...; KO YONG-CHUL Reporter 2026.05.18

LG Electronics Overtakes Samsung to Secure Government Contract for Vulnerable Households' Air Conditioners: SEOUL — LG Electronics has successfully secured a major government contract to supply energy-efficient air conditioners to v ...; Hwang Sujin Reporter 2026.05.18

Beyond Payments: Naver, Kakao, and Toss Accelerate Transition to Comprehensive Financial Platforms: South Korea’s leading fintech trio—Naver Pay, Kakao Pay, and Viva Republica (Toss)—have delivered robust top-lin ...; KO YONG-CHUL Reporter 2026.05.18

“From APEC to PATA” Gyeongbuk Emerges as a Global Tourism Hub: Gyeongsangbuk-do has once again gained international recognition for its outstanding capabilities as a global tourism hub. Followi ...; HONG MOON HWA Senior Reporter 2026.05.15

Flower of Asia-Pacific Tourism Cooperation Blooms in Gyeongju: Unveiling of 'PATA Small Garden': [Gyeongju] Gyeongju Bomun Tourist Complex, South Korea’s first designated tourist district, is transforming into a symbolic ...; HONG MOON HWA Senior Reporter 2026.05.15

"AI as a Shield": Fitch Affirms South Korea's Ample Fiscal Space Amid Global Headwinds: SEOUL — Fitch Ratings has identified South Korea’s burgeoning artificial intelligence (AI) industry as a critical buff ...; Desk 2026.05.14

South Korea to Debut KTX-SRT Combined Trains: Seat Capacity to Double, Fares to Drop: EOUL — South Korea is set to address the chronic shortage of high-speed rail seatsduring peak periods by physically linking ...; Hwang Sujin Reporter 2026.05.14

China’s Foundry Offensive: Chasing Samsung’s No. 2 Spot via ‘Mature Node’ Dominance: [SEOUL] — As the global semiconductor landscape shifts, Samsung Electronics finds itself in an increasingly precarious posit ...; Desk 2026.05.13

Trump Media Records $440M Loss Amid Failed Bitcoin Bets; Stock Plummets to One-Tenth of Peak: NEW YORK — Trump Media & Technology Group (TMTG), the parent company of Truth Social—the social media platform cha ...; Global Economic Times Reporter 2026.05.11

‘One More Hit and We’d Have Sunk’: The Terrifying ‘Ghost Attack’ That Nearly Cost 24 Sailors Their Lives: (C) Ministry of Foreign Affairs SEOUL – The South Korean government has officially concluded that the recent fire aboard ...; KO YONG-CHUL Reporter 2026.05.11

Internal Rift Deepens Within Samsung Electronics Unions Ahead of Critical Post-Mediation Talks over Profit-Sharing: SEOUL – Internal conflict within Samsung Electronics' labor unions has reached a fever pitch as the company prepares for cru ...; Desk 2026.05.11

The Rise of 'Beta Moms' in the AI Era: Why Modern Parents are Swapping Control for Autonomy: (C) The Financial Express NEW YORK — For decades, the gold standard of parenting in the United States, and indeed much of ...; Global Economic Times Reporter 2026.05.11

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 ...; Global Economic Times Reporter 2026.05.07