Global Economic Times

2026.06.27 (Sat)
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Seoul Metro to Ban Personal Mobility Devices and High-Capacity Lithium Batteries Starting July

SEOUL — Starting July 1, 2026, passengers will be prohibited from bringing personal mobility (PM) devices powered by lithium batteries and high-capacity lithium batteries into Seoul Metro statio
South Korea’s Bid for MSCI Developed Market Status Stalls Again

SEOUL — South Korea’s long-standing ambition to be reclassified as a "Developed Market" (DM) by Morgan Stanley Capital International (MSCI) has faced another setback. In its 20

President Lee Steps Up Regional Growth Blueprint, Putting AI and Chips at the Center

SEOUL — President Lee Jae-myung is set to hold a series of high-level meetings with the leaders of South Korea’s semiconductor giants, Samsung Electronics and SK Group, to finalize an ambi

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Suspects Arrested in Audacious Louvre Jewel Heist: Paris, France—Two suspects in the audacious daylight theft of royal jewels from the Louvre Museum have been apprehended by F ...; Graciela Maria Reporter 2025.10.27

Inter-regional Bus Connects Cheongju International Airport to Gongju and Buyeo, Improving Foreign Tourist Access: The provinces of Chungcheongnam-do (South Chungcheong) and Chungcheongbuk-do (North Chungcheong) have inaugurated a pilot operatio ...; Desk 2025.10.27

Korea to Reinstate 'Labor Day' on May 1st, Eyes Public Holiday Status: SEOUL — May 1st, currently recognized as 'Laborer's Day' (Geunroja-eui Nal), is set to revert to its original designation, ' ...; Global Economic Times Reporter 2025.10.27

Special Counsel to Probe South Korean Prosecution's Internal Misconduct: A Catalyst for Reform?: SEOUL — In a landmark decision poised to fuel the nation's ongoing debate on judicial and prosecutorial reform, the Ministry ...; Yim Kwangsoo Correspondent 2025.10.27

Rival Parties Pass 70-Plus Public Welfare Bills, Including 'Emergency Room Loitering Prevention Act': Summary: The National Assembly, with bipartisan agreement, passed over 70 public welfare bills, including one to improve emergency ...; Yim Kwangsoo Correspondent 2025.10.27

ROK President Lee Faces Major Diplomatic Test with APEC Super Week: President Lee Jae-myung of the Republic of Korea is about to embark on a "diplomatic super week," hosting and engaging in a series ...; KO YONG-CHUL Reporter 2025.10.25

Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery: London, UK – In an extraordinary scene at King's College Hospital, the strains of a clarinet echoed through an operating the ...; Graciela Maria Reporter 2025.10.22

Korean Expatriates in Cambodia Face Economic Crisis and Anti-Korean Sentiment Amid Crime Wave: PHNOM PENH — The Korean expatriate community in Cambodia is facing a dual crisis of economic hardship and escalating anti-Ko ...; KO YONG-CHUL Reporter 2025.10.22

S. Korea Ramps Up Cybersecurity with Sweeping Measures: In a decisive move to counter the rising wave of cyberattacks, the South Korean government, led by Deputy Prime Minister and Minis ...; KO YONG-CHUL Reporter 2025.10.22

WestJet Sparks Outcry with Paid Recline Option on Economy Seats: CALGARY, AB—Canadian low-cost carrier (LCC) WestJet has ignited a fierce debate after confirming plans to convert the reclin ...; Hwang Sujin Reporter 2025.10.21

U.S. H-1B Visa Fee Hike: New $100,000 Charge Primarily Targets Overseas Applicants: SEOUL/WASHINGTON D.C. — The controversial $100,000 fee increase for the U.S. H-1B specialty occupation visa, announced last ...; Eunsil Ju Reporter 2025.10.21

NATO Deputy Secretary General Pledges to Strengthen Substantive Cooperation with South Korea, Including Defense Industry: SEOUL - Radmila Šekerinska, Deputy Secretary General of the North Atlantic Treaty Organization (NATO), announced her intent ...; KO YONG-CHUL Reporter 2025.10.20

Four Daegu Districts Launch 'Cultural Heritage Exploration Team': Daegu, South Korea – Four basic local governments in Daegu – Dong-gu, Buk-gu, Suseong-gu, and Dalseo-gu – have j ...; Shin Yeju 2025.10.20

Early Winter Chill Grips South Korea as Seoraksan Sees First Snow: An abrupt blast of early winter cold has swept across South Korea, bringing the season's first snowfall to Mount Seorak and plungi ...; KIM YOUNG MIN 2025.10.20

Cargo Jet Overshoots Runway, Crashes into Sea at HK Airport; Two Ground Staff Killed: HONG KONG – A tragic accident at Hong Kong International Airport (HKIA) early Monday morning left two ground staff dead afte ...; Ana Fernanda Reporter 2025.10.20

Seegene Medical Foundation Marks 35th Anniversary with Move to Cutting-Edge Seegene Medical Tower: SEOUL — Seegene Medical Foundation (SMF), a specialized medical institution for disease testing and diagnostics, announced t ...; Hwang Sujin Reporter 2025.10.20

'Prince Group,' Alleged Backer of Cambodian Crimes, Holds $66M in South Korean Banks: SEOUL, October 20, 2025 - The 'Prince Group,' an organization accused of orchestrating large-scale crimes in Cambodia including on ...; KO YONG-CHUL Reporter 2025.10.20

South Korean Millionaires Flee as Inheritance Tax Burden Rises: A new report forecasts a significant exodus of South Korea's wealthy this year, with a projected 2,400 high-net-worth individuals ...; Hwang Sujin Reporter 2025.10.19

Chung Kyung-sim Sues Ex-Dongyang University President Choi Sung-hae Over Forgery Claims of Cho Min's Award: Chung Kyung-sim, former professor at Dongyang University, has filed a criminal complaint against eight Dongyang University officia ...; KO YONG-CHUL Reporter 2025.10.19

Korea's Ministry of Employment to Meet with Job Platform CEOs to Combat Overseas Employment Scams: SEOUL, South Korea – The South Korean government is taking swift action to prevent further incidents of overseas employment ...; Yim Kwangsoo Correspondent 2025.10.19