Global Economic Times

2026.06.29 (Mon)
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6223 Future Forum, Guest Speaker Kim Jin-myung… Ulsan Dreams of Leaping into a Future Cultural City through the Spirit of Hangeul

(C) 6223 Future Forum The '6223 Future Forum,' a key organization proposing future policies for Ulsan, successfully held its second seminar of 2026 under the theme "Listening to the Fut
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

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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

Seoul Pioneers 'Three-Dimensional Parks' to Combat Urban Green Space Scarcity: SEOUL, South Korea – In a groundbreaking initiative to address the growing scarcity of urban green spaces, the Seoul Metropo ...; KO YONG-CHUL Reporter 2025.03.05

'Food Addiction' in Children and Adolescents Threatens Mental Health Beyond Obesity: A study has revealed that children and adolescents addicted to 'food addiction,' who compulsively consume specific foods regardles ...; Eugenio Rodolfo Sanabria Reporter 2025.03.04

Global Obesity Crisis: 60% of Adults, 30% of Children Projected to be Overweight or Obese by 2050: A groundbreaking study led by Dr. Jessica Kerr of the Murdoch Children's Research Institute in Australia has revealed that by 2050 ...; Graciela Maria Reporter 2025.03.04

MSD Files for FDA Approval of Subcutaneous Keytruda, in Landmark Partnership with Alteogen: Pharmaceutical giant MSD has taken a significant step in advancing patient care by submitting a Biologics License Application (BLA ...; Ana Fernanda Reporter 2025.03.04

Korea Contribution Awards Organizing Committee Opens Call for Nominations for the 7th Korea Contribution Awards: The Korea Contribution Awards Organizing Committee (Co-Chairmen: Moon Joo-hyun, Chairman of MDM Group, and Lee Chi-soo, Chairman o ...; Global Economic Times Reporter 2025.03.04

Hanwha Life Opens AI Contact Center (AICC) to Enhance Customer Service: Hanwha Life has launched its Artificial Intelligence Contact Center (AICC), an AI-powered call center, to innovate customer servic ...; Hwang Sujin Reporter 2025.03.04

Homeplus Seeks Corporate Rehabilitation Amid Financial Strain: Seoul, South Korea – Homeplus, a prominent South Korean supermarket chain, has filed for corporate rehabilitation with the S ...; KO YONG-CHUL Reporter 2025.03.04

Incheon City Launches Priority Passport Service for Pregnant Women: INCHEON, South Korea – In a significant step towards fostering a supportive environment for expectant mothers, Incheon City ...; Min Gyu Mi Reporter 2025.03.03

Daegu to Host 23rd International Textile Fair Showcasing High-Tech and Sustainable Innovations: Daegu Metropolitan City has announced the opening of the 23rd Daegu International Textile Fair (Preview In Daegu) at EXCO from Mar ...; KO YONG-CHUL Reporter 2025.03.03

K-Pass Surpasses 3 Million Users in 10 Months, Offering Significant Public Transportation Savings: The K-Pass, a public transportation card that refunds a certain percentage of usage fees, has surpassed 3 million users within 10 ...; KO YONG-CHUL Reporter 2025.03.03

The Ministry of Environment has published a government-approved elementary textbook on environmental health, titled "Environment and Health.": On March 3rd, the Ministry of Environment announced that it has published an environmental health textbook for 3rd and 4th-grade e ...; KO YONG-CHUL Reporter 2025.03.03

It has been found that the amount spent on food and dining expenses by low-income households last year increased by nearly 40% compared to five years ago.: According to the Household Income and Expenditure Survey by Statistics Korea on the 2nd, the average monthly food expenditure for ...; Hwang Sujin Reporter 2025.03.03

South Korean Health Insurance Data Errors Cast Doubt on Foreign Subscriber Impact: SEOUL – The National Health Insurance Service (NHIS) of South Korea has publicly acknowledged significant errors in its fina ...; Yim Kwangsoo Correspondent 2025.03.03

SE-Style's Snidel Beauty Launches 'My Own Muse' Collection, Expanding Market Presence in Korea: Seoul, South Korea – SE-Style's organic cosmetics brand, Snidel Beauty, has unveiled its Spring/Summer 2024 strategic collec ...; Desk 2025.03.03