Global Economic Times

2025.12.13 (Sat)
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US-Japan Counteract Sino-Russian Drills with Joint Bomber Exercise in East Sea Airspace

(C) Global TImes TOKYO — In a clear demonstration of force against escalating regional tensions, the United States and Japan conducted a significant joint tactical exercise in the airspace bord
South Korea Confirmed as Co-Host of 2028 UN Ocean Conference (UNOC)

The United Nations General Assembly has officially selected South Korea and Chile as the co-hosts for the Fourth UN Ocean Conference (UNOC) in 2028. This decision, formalized by a resolution adopted a

Tech Tensions Flare: DeepSeek Allegedly Smuggles Banned NVIDIA Blackwell Chips for New AI Model

(C) ZAWYA BEIJING/SANTA CLARA — A report has stirred the global tech industry, alleging that Chinese artificial intelligence (AI) startup DeepSeek has engaged in an elaborate smuggling operatio

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Geopolitical Tensions Flare as Nepal Reasserts Sovereignty Over Disputed Territories: KATHMANDU — In a decisive move that underscores escalating geopolitical tensions in the Himalayas, Nepal’s Ministry of ...; Ana Fernanda Reporter 2025.08.21

Indonesia's Stock Market Surges as BI's Fourth Rate Cut Fuels Property and Consumer Rally: JAKARTA – In a move that sent a wave of optimism across the Jakarta Stock Exchange (BEI), Bank Indonesia (BI) unexpectedly a ...; Ana Fernanda Reporter 2025.08.21

President Lee Commits to Backing Businesses, Strengthening Global Competitiveness at Inaugural Ceremony: SEOUL – In a grand ceremony that symbolically replaced his official inauguration, President Lee Jae-myung has outlined a vis ...; KO YONG-CHUL Reporter 2025.08.20

South Korean Supermarkets Hail Success of 'Living Coupons,' Push for Permanent System: SEOUL — The Korean Supermarket Cooperative Federation (KSCF) has reported overwhelming success with the initial distribution ...; Hwang Sujin Reporter 2025.08.20

Gangneung's Night Markets Emerge as Major Tourist Attractions, Revitalizing the Local Economy: GANGNEUNG—Night markets are lighting up the city of Gangneung, drawing large crowds of residents and tourists and bringing a ...; KO YONG-CHUL Reporter 2025.08.18

South Korean Police Crack Down on 'Fixie' Bicycles: SEOUL — The National Police Agency of South Korea has announced a major crackdown on fixie bikes, a popular type of bicycle ...; Hwang Sujin Reporter 2025.08.18

Seoul Cracks Down on Unsanitary Restaurants Amid Summer Heat: SEOUL — The Seoul Metropolitan Government has revealed that it inspected 1,985 restaurants during the high-risk summer seaso ...; Desk 2025.08.18

LA Korean Education Center - Gyeongbuk Office of Education, Korean Culture Class Training Successfully Held in the U.S.: The LA Korean Education Center (Director Kang Jeon-hoon) and the Gyeongsangbuk-do Office of Education (Superintendent Lim Jong-sik ...; KO YONG-CHUL Reporter 2025.08.14

First Lady's Influence-Peddling Scandal: Gifts for Positions: SEOUL — A scandal of unprecedented scale is unfolding, alleging that First Lady Kim Keon-hee received millions of dollars in ...; KO YONG-CHUL Reporter 2025.08.14

Ex-Defense Minister Kim Yong-hyun Accused of Bypassing Military Chain of Command: SEOUL — A special prosecution team investigating the December 3rd state of emergency has reportedly uncovered evidence sugge ...; KO YONG-CHUL Reporter 2025.08.13

Polar Researchers Identify Natural 'Cooling' Mechanism in the Arctic: SEOUL — The Korea Polar Research Institute (KOPRI) has announced the discovery of a natural feedback mechanism in the Arctic ...; Yim Kwangsoo Correspondent 2025.08.13

Fighting the Drunk: Firefighter Activity Disruption Is on the Rise: Disruptions to the on-site activities of Seoul firefighters are an annual occurrence, and eight out of ten perpetrators are intoxi ...; Hwang Sujin Reporter 2025.08.13

Democrats Push to Pass 'Judicial Reform Bill,' Including Expanding Supreme Court Justices to 30, Before Chuseok: The Democratic Party of Korea has announced its goal to pass a judicial reform bill, which includes increasing the number of Supre ...; Desk 2025.08.13

I will translate the provided Korean text into English. I will ensure the translation is accurate and maintains the original tone and context.: The U.S. State Department’s 2024 Country Reports on Human Rights Practices have raised concerns about restrictions on press ...; KO YONG-CHUL Reporter 2025.08.13

A million foreign talents can drive 6% GDP growth: KCCI report says increasing registered foreigners is key to economic revitalization.: According to a report titled "Analysis of the Economic Effects of Attracting Foreign Citizens," co-researched by the Korea Chamber ...; Hwang Sujin Reporter 2025.08.13

North Korean Hacker 'Kimsuky' Computer Hacked... Evidence of Infiltration into South Korean Government and Businesses Found: A working computer belonging to a hacker from the North Korean hacking organization 'Kimsuky' has reportedly been infiltrated by e ...; KO YONG-CHUL Reporter 2025.08.13

The arrest of Kim Keon-hee and the start of a new phase in the special counsel investigation: a comprehensive probe into alleged government interference: The special counsel team, led by Special Prosecutor Min Joong-ki, has successfully secured an arrest warrant for Kim Keon-hee, off ...; KO YONG-CHUL Reporter 2025.08.13

TASHU Bicycles, Cotton Candy, and a Kkumdori Keyring! Unique Booths at the Daejeon 0 O'Clock Festival Gain Attention: A unique experiential booth utilizing Daejeon's public bicycle service, Tashu, is gaining significant popularity at the 2025 Daeje ...; Hwang Sujin Reporter 2025.08.12

"ON:CHUNGNAM" Finale Lights Up Boryeong Mud Festival, Showcasing the Present State of Local Music Creation: On August 9th and 10th, the Boryeong Mud Festival, Korea's representative summer festival, was filled with the heat of music. The ...; HONG MOON HWA Senior Reporter 2025.08.12

2025 Daejeon 0-si Festival Attracts 870,000 Visitors in First Three Days, Setting a New Record: The unprecedented success of the 2025 Daejeon 0-si Festival was driven by unusually cool weather in early August and an increase i ...; KO YONG-CHUL Reporter 2025.08.12