Global Economic Times

2026.05.09 (Sat)
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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 the Interior and Safety (MOIS) officially launched the "2026 AI
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. Supreme Court has dealt a blow to Apple’s long-standing battle over A

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, creating a geopolitical headache for the world’s leading semiconducto

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Newborn Special Loan Favors High-Income Households, Missing Policy Goals: A loan program designed to combat low birth rates by offering preferential terms to families with newborns is being disproportiona ...; Global Economic Times Reporter 2025.02.17

South Korean Small Businesses Struggle with Debt Amidst Economic Downturn: Seoul - A recent report by Korea Credit Data reveals that approximately 1 in 10 small businesses in South Korea that had taken out ...; Hwang Sujin Reporter 2025.02.17

Whale Feces: A Vital Fertilizer for Marine Ecosystems: A recent study conducted by researchers at the University of Washington has revealed that whale feces contain iron and copper, whi ...; Sharon Yoon Correspondent 2025.02.16

Climate Change Linked to Increased Wildfire Damage: Supercomputer Analysis Reveals 14% Increase in Burned Area per 1 Degree Celsius RiseA research team from the Institute for Basic S ...; KO YONG-CHUL Reporter 2025.02.16

China's claim on Korean poet Yoon Dong-joo sparks outrage: Seoul, South Korea – February 16th marked the 80th anniversary of the death of Yoon Dong-joo, a revered Korean poet who resi ...; KO YONG-CHUL Reporter 2025.02.16

Busan Port to Enhance Competitiveness with Transhipment Monitoring System: Busan Port, the world's second largest transhipment port, will expand the application of the transhipment monitoring system to all ...; Desk 2025.02.16

Wonju City to Hold Grand Opening Ceremony for Sogeumsan Grand Valley Cable Car: Wonju City announced on the 16th that it will hold the grand opening ceremony for the Ganhyeon Tourist Site Cable Car at the Sogeu ...; Desk 2025.02.16

Gyeongsangbuk-do Supports Medical Care for Foreigners in Need: Gyeongsangbuk-do Province is launching a pilot program to provide financial assistance to foreign residents who lack access to hea ...; Desk 2025.02.16

Beyond the Basics: Exploring the Unique World of Special Pork Cuts in Korea: Korean cuisine is renowned for its delicious pork dishes, but beyond the familiar samgyeopsal (pork belly) and moksal (pork should ...; Hwang Sujin Reporter 2025.02.15

Phishing Scam Alert: Impersonating Postal Workers for Personal Information: The South Korean government has issued a warning about a recent surge in phishing scams targeting individuals by impersonating pos ...; KO YONG-CHUL Reporter 2025.02.15

Overseas Direct Purchase Fraud Soars, Driven by Social Media Ads: SEOUL – As overseas direct purchases (cross-border e-commerce) become increasingly popular, so too has the incidence of frau ...; KO YONG-CHUL Reporter 2025.02.15

Gold Bar Shortage Hits Banks Amidst Soaring Gold Prices, Leaving Jewelers in the Lurch: Busan, South Korea – The price of gold has been on a relentless climb, leading to a shortage of gold bars at some commercial ...; Yim Kwangsoo Correspondent 2025.02.15

People Power Party Apologizes for Erroneous Commentary on Constitutional Court Acting Chief Justice Moon Hyung-bae: The People Power Party (PPP) apologized on the 14th after it was confirmed that their commentary claiming Moon Hyung-bae, acting c ...; KO YONG-CHUL Reporter 2025.02.15

Yongin City to Shorten Folk Village Parking Lot Occupancy Permit Period and Promote Public Use Plan: Yongin City will shorten the occupancy permit period for the river site used by the Korean Folk Village for decades as a parking l ...; Desk 2025.02.15

LA County District Attorney Expands Korean Support Services and Cracks Down on Crime in Koreatown: Los Angeles, CA – Los Angeles County District Attorney Nathan Hochman announced on February 13, 2025, an expansion of Korean ...; PETER KO 2025.02.15

Peru's Agricultural Exports Reach Record High in 2024: Peru's agricultural exports soared to a historic $12.798 billion in 2024, marking a remarkable 21.4% increase compared to the prev ...; KO YONG-CHUL Reporter 2025.02.14

EU Reinforces Commitment to Sustainable Water and Sanitation Investment in Peru: The European Union (EU) has reaffirmed its commitment to promoting sustainable investment in Peru's water and sanitation sector. T ...; KO YONG-CHUL Reporter 2025.02.14

Mutual Fund Assets in Panama Reach Record High of $13.2 Billion: Panama City, Panama – The Superintendency of the Securities Market (SMV) has announced that the assets managed by mutual fun ...; Pedro Espinola Special Correspondent 2025.02.14

Mincetur Joins "Zero Plastic 2040 Campaign" to Champion Coastal Preservation: The Ministry of Foreign Trade and Tourism (Mincetur) has proudly announced its partnership with the "Zero Plastic 2040 Campaign," ...; Pedro Espinola Special Correspondent 2025.02.14

Spain to Ban Commercial Calls from Mobile Numbers in 2025: Madrid, Spain – The Spanish government has finalized a ministerial order outlining its plan to combat phone and SMS scams. A ...; Graciela Maria Reporter 2025.02.14