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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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. Supre ...; Eugenio Rodolfo Sanabria Reporter 2026.05.07

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, creat ...; Global Economic Times Reporter 2026.05.07

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