Global Economic Times

2026.06.29 (Mon)
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Seoul Court Sentences Former First Lady Kim Keon-hee to Seven Years for Influence Peddling

SEOUL – In a landmark ruling that has sent shockwaves through the South Korean political landscape, the Seoul Central District Court on June 26, 2026, sentenced former First Lady Kim Keon-hee to
South Korea Lodges Protest After Chinese and Russian Warplanes Breach KADIZ

SEOUL – The South Korean Ministry of National Defense issued a stern protest on June 28, 2026, following the unauthorized entry of more than 10 Chinese and Russian military aircraft into the Kor

Escalating Crisis: Teenage Drug Offenders Caught in Repeat Crimes Amidst "Telegram Drug Events"

INCHEON, South Korea — A disturbing trend of adolescent drug abuse has reached a new breaking point, as a 17-year-old girl, previously granted leniency for drug offenses, was arrested and indict

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Petroperú Responds to Oil Spill Near Talara Refinery: Talara, Peru – State-owned oil company Petroperú has confirmed an oil spill on a beach in Piura, approximately 10 kil ...; Ana Fernanda Reporter 2024.12.22

Saudi Arabia's KSrelief Continues Humanitarian Aid Efforts in Syria, Yemen, and Lebanon: Riyadh, [Date] - The King Salman Humanitarian Aid and Relief Centre (KSrelief) continues its ongoing humanitarian efforts across t ...; Eugenio Rodolfo Sanabria Reporter 2024.12.21

Helsinki Hit by Norovirus Outbreak Linked to Contaminated Oysters: Helsinki, Finland - A significant norovirus outbreak linked to contaminated oysters has affected over 30 individuals in Helsinki, ...; Eugenio Rodolfo Sanabria Reporter 2024.12.21

Hyundai Motor Group Tops IIHS Safety Ratings with Record Number of Vehicles: Hyundai Motor Group has once again solidified its commitment to safety, securing the highest number of vehicles with top safety ra ...; KO YONG-CHUL Reporter 2024.12.21

Congress Approves PHP17B for Higher Military Allowance: MANILA – The Philippine Congress has recently approved a Php17 billion allocation in the proposed 2025 national budget. This ...; ONLINE TEAM 2024.12.19

South Korea Adjusts Health Insurance Premiums Based on Income and Property: South Korea's National Health Insurance Service has announced revisions to its premium calculation system for the self-employed, o ...; Hwang Sujin Reporter 2024.12.19

Small Business Ombudsman's New YouTube Shorts Series Gains Traction: Seoul, South Korea – The Small Business Ombudsman's newly launched YouTube Shorts series, "Regulatory Stories You Don't Need ...; Desk 2024.12.19

Korea Expands One-Stop Support Services for Vulnerable Groups: According to the Financial Services Commission, 79.3% of those linked to finance and employment this year were unemployed or non-r ...; Desk 2024.12.19

South Korea's Growing Economy, Shrinking Wallets: Seoul, South Korea – Despite a remarkable surge in South Korea's Gross National Income (GNI) over the past seven decades, ma ...; KO YONG-CHUL Reporter 2024.12.19

FSC Warns of Cryptocurrency Phishing Scam: Seoul, South Korea – The Financial Services Commission (FSC) has issued a stern warning to cryptocurrency investors and busi ...; ONLINE TEAM 2024.12.19

South Korea and Nepal Deepen Economic Ties with New Trade Pact: Seoul, South Korea – In a significant move to bolster bilateral economic relations, South Korea and Nepal have signed a Trad ...; Hwang Sujin Reporter 2024.12.19

South Korea Faces Citrus and Berry Shortage Amidst Soaring Food Prices: Seoul, South Korea – South Koreans are finding their favorite winter treats, tangerines, and strawberries, to be increasingl ...; Global Economic Times Reporter 2024.12.19

Saudi Arabia Emerges as a Space Leader with Focus on Sustainability and Innovation: Riyadh - Saudi Arabia is positioning itself as a global leader in the space industry by unveiling initiatives that prioritize inno ...; Graciela Maria Reporter 2024.12.18

Webb Confirms Long-Lived Planet-Forming Disks in the Early Universe: Washington D.C. - NASA's James Webb Space Telescope (JWST) has provided compelling evidence that planet-forming disks around stars ...; Graciela Maria Reporter 2024.12.18

Shenzhou-19 crew completes first extravehicular activities: Shenzhou-19 crew members aboard China's orbiting space station completed the first extravehicular activities (EVAs) of their missi ...; KO YONG-CHUL Reporter 2024.12.18

Finnish Economy to Contract in 2024, Recovery Slow to Take Hold: Helsinki - The Finnish economy is expected to contract by 0.5% in 2024, according to a forecast released by the Bank of Finland on ...; Global Economic Times Reporter 2024.12.18

Knock and Uway Join Forces to Create a Vibrant University Community: Seoul, South Korea – Knock, a popular messaging platform exclusively for university students, has announced a strategic part ...; Desk 2024.12.18

New Water Pavilion Opens in Faro to Raise Awareness About Water Conservation: Faro, Portugal - Águas do Algarve (AdA), the regional water company, has officially opened the "Pavilhão de Á ...; Graciela Maria Reporter 2024.12.18

Taean County to Kick Off '2025 Visit Taean Year' with Grand Ceremony: Taean, South Korea – December 17, 2024 – Taean County, located in South Chungcheong Province, is gearing up to launch ...; HONG MOON HWA Senior Reporter 2024.12.18

Standard Single-Family Home and Land Public Assessment Values to Rise in 2025: Seoul, South Korea – The South Korean government announced on Tuesday that the public assessment values for standard single- ...; Hwang Sujin Reporter 2024.12.18