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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Seoul City Provides Comprehensive Support to 439 Stalking Victims: Seoul, South Korea – The Seoul Metropolitan Government has announced that its One-Stop Support Center for Stalking Victims h ...; Hwang Sujin Reporter 2024.11.29

South Korean Lawmaker Proposes Ban on Sexual Offense-Related Lawyer Ads: Seoul, South Korea – A lawmaker has proposed a bill to ban lawyers from using provocative advertisements that could potentia ...; Hwang Sujin Reporter 2024.11.29

Asia Artist Awards 2024 Tickets Go on Sale amid High Anticipation: Bangkok, Thailand – The highly anticipated Asia Artist Awards (AAA) 2024 is set to kick off a fierce ticketing battle as tic ...; Hwang Sujin Reporter 2024.11.29

Bank of Korea Cuts Interest Rate Amidst Growing Economic Concerns: Seoul, South Korea – The Bank of Korea (BOK) has decided to cut its benchmark interest rate by 25 basis points to 3.0% from ...; ONLINE TEAM 2024.11.29

Korean Consumer Agency Warns of Explosion Risk in Children's Bubble Bath: Seoul, South Korea – A recent study by the Korea Consumer Agency has revealed that nearly all children's bubble bath product ...; Hwang Sujin Reporter 2024.11.29

Former Namyang Dairy Chairman Arrested on Embezzlement Charges: Seoul, South Korea – Hong Won-sik, the former chairman of Namyang Dairy, has been arrested on charges of embezzlement, bribe ...; Desk 2024.11.29

Dr. Doom Warns Against Bitcoin Investment, Predicts Economic Turmoil: New York, NY – Renowned economist Nouriel Roubini, often dubbed "Dr. Doom" for his accurate prediction of the 2008 financial ...; ONLINE TEAM 2024.11.29

South Chungcheong Province Moves Forward with Anmyeon Island Resort Development: Taean, South Korea – After more than 30 years of delays, the development of a major resort complex on Anmyeon Island in Sout ...; KO YONG-CHUL Reporter 2024.11.28

Coupang Fined 15.9 Billion Won for Multiple Data Breaches: Seoul, South Korea – E-commerce giant Coupang has been fined 15.8865 billion won by the Personal Information Protection Comm ...; Hwang Sujin Reporter 2024.11.28

DeepL Launches Real-Time Voice Translation Solution, Challenging the AI Translation Market: Seoul, South Korea – DeepL, a German language AI company renowned for its high-quality text translations, has unveiled its f ...; Hwang Sujin Reporter 2024.11.28

Incheon to Get Its Own High Court in 2028: Seoul, South Korea – Incheon residents can expect quicker access to justice as the city is set to get its own high court by ...; KO YONG-CHUL Reporter 2024.11.28

Korean Nationals Abroad Can Now Verify Their Identity Remotely Without a Korean Mobile Phone or Visiting Overseas Missions: The Korean Overseas Koreans Affairs Association (KOA) announced on November 28th that it will be launching a pilot service for the ...; Global Economic Times Reporter 2024.11.28

Project Sapphire: A 30-Year Legacy of Nuclear Security Cooperation: Thirty years ago, a groundbreaking operation known as Project Sapphire took place in Ust-Kamenogorsk, Kazakhstan. This classified ...; Pedro Espinola Special Correspondent 2024.11.28

ESG Practices Attract Foreign Investment in Indonesia, Says B-Universe Chairman: Jakarta, Indonesia – Enggartiasto Lukita, Chairman of B-Universe, has highlighted the increasing importance of ESG (Environm ...; Hwang Sujin Reporter 2024.11.28

Jeonju Sports Complex Demolished to Make Way for MICE Complex: Jeonju, South Korea – The Jeonju Sports Complex, a beloved landmark that was built with donations from citizens of North Jeo ...; Desk 2024.11.27

South Korea Rushes Through AI Basic Law Amidst Civil Society Concerns: Seoul, South Korea – The South Korean National Assembly has passed a long-awaited AI Basic Law, raising concerns among civil ...; Hwang Sujin Reporter 2024.11.27

Guro District to Develop 80-Year-Old Air Force Base Site: Seoul, South Korea – Guro District in Seoul is set to embark on a major development project for the approximately 125,000 sq ...; Desk 2024.11.27

Overseas Korean Media Association Criticizes Policies of the Korean Diaspora Affairs Commission: Seoul, South Korea – The 6th International Forum hosted by the Overseas Korean Media Association (OKMA) on November 4th at t ...; KO YONG-CHUL Reporter 2024.11.27

Royal Spanish Academy Offers Guidance on Proper Emoji Usage: The Royal Spanish Academy (RAE) has released new guidelines on the appropriate use of emojis, reflecting the growing importance of ...; Global Economic Times Reporter 2024.11.26

Asunción Hosts International Symposium on Health Research, Education, and Biotechnology: Asunción, Paraguay – A prestigious international symposium titled "Research, Education, and Biotechnology Applied to ...; Graciela Maria Reporter 2024.11.26