Global Economic Times

2026.08.11 (Tue)
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Korean Banks Launch 'Youth Future Savings' Account Offering Up to 8% Interest: As of June 22, 2026, major South Korean banks have officially launched the "Youth Future Savings" account, a government-backed pol ...; Hwang Sujin Reporter 2026.06.22

Two South Korean-Operated Vessels Exit Strait of Hormuz Following U.S.-Iran Ceasefire Agreement: In a significant development following the recent ceasefire agreement between the United States and Iran, two vessels operated by ...; Desk 2026.06.22

Korea's Exports Hit Record High in Mid-June, Driven by Semiconductor Surge: SEOUL – South Korea’s export performance has reached an unprecedented milestone, signaling a robust expansion in the n ...; Kim Sungmoon Reporter 2026.06.22

Early Summer Heat Waves Drive Surge in Convenience Store Sales at Coastal Locations: The summer peak season for the convenience store industry has arrived earlier than ever this year, driven by a combination of unse ...; Hwang Sujin Reporter 2026.06.22

A New Era for the KOSPI: SK Hynix Surpasses Samsung Electronics as Top Market Cap Company: In a historic shift for the South Korean stock market, SK Hynix has overtaken Samsung Electronics to become the largest company on ...; ONLINE TEAM 2026.06.22

Taiwan Pro-China Journalist Indicted for Espionage: Leak of War Game and US-Taiwan Military Exchange Data: TAIPEI – A prominent journalist from Taiwan's pro-China media outlet, CTiTV, has been indicted by local prosecutors on charg ...; KO YONG-CHUL Reporter 2026.06.22

Azerbaijan and Uzbekistan Accelerate Joint Development of Gold and Critical Minerals: TASHKENT – Azerbaijan and Uzbekistan are rapidly advancing their bilateral cooperation to jointly develop gold deposits and ...; Pedro Espinola Special Correspondent 2026.06.22

U.S. Marine Corps Officially Deploys Advanced Missile and Air Defense Systems to Okinawa: In a strategic move aimed at enhancing deterrence capabilities in the Indo-Pacific region, the U.S. Marine Corps has officially de ...; Yim Kwangsoo Correspondent 2026.06.22

NIOC Chief Announces Sharp Surge in Iranian Oil Exports Following Breakthrough Talks with the U.S.: BURGENSTOCK, Switzerland – Hamid Bovard, the managing director of the National Iranian Oil Company (NIOC), announced on Sund ...; Graciela Maria Reporter 2026.06.22

K-Beauty Sets Its Sights on Southeast Asia: A Market Projected to Reach $11.1 Billion by 2035: The South Korean cosmetics and beauty industry has officially identified Southeast Asia as its next major export frontier, followi ...; Eugenio Rodolfo Sanabria Reporter 2026.06.22

KDCA Establishes New 6-Stage Prognostic System for Alzheimer’s Disease Progression: The Korea Disease Control and Prevention Agency (KDCA) has announced a groundbreaking advancement in dementia research. The Nation ...; Hee Chan Kim Reporter 2026.06.22

Hallym University Sacred Heart Hospital Lowers Barriers to Alzheimer's Treatment with AI-Powered Diagnostics: Hallym University Sacred Heart Hospital has paved a new way for precision diagnosis of Alzheimer’s disease, enabling patient ...; Min Gyu Mi Reporter 2026.06.22

Financial Services Commission Accelerates Sanctions Against Lotte Card Over Massive Data Breach: The Financial Services Commission (FSC) of South Korea has officially initiated formal proceedings to finalize sanctions against L ...; Desk 2026.06.22

Chinese Media Celebrates Milestone: First Chinese Referee in 24 Years Takes the Stage at the 2026 FIFA World Cup: While the Chinese national men’s football team once again failed to qualify for the 2026 FIFA World Cup in North America, Ch ...; Ana Fernanda Reporter 2026.06.22

LG Electronics Strategically Deploys Humanoid Robot 'CLOi-D' to Manufacturing Sites First: LG Electronics has announced a strategic shift in the commercialization roadmap for its humanoid robot, 'CLOi-D'. Rather than imme ...; Kim Young Min Reporter 2026.06.22

OpenAI Expands Partnership with Samsung Electronics, Integrating ChatGPT and Codex for Global Workforce: SEOUL – In a move set to redefine corporate productivity, OpenAI has announced a massive enterprise agreement to provide its ...; Kim Sungmoon Reporter 2026.06.22

From Rivals to Partners: Toss and KakaoTalk Launch Integrated Remittance Service: In a significant move that reshapes the landscape of South Korea’s fintech sector, the digital finance platform 'Toss' has o ...; Desk 2026.06.22

K-Beauty Sets Its Sights on Southeast Asia: A $11.1 Billion Market Opportunity by 2035: The South Korean cosmetics and beauty industry has identified Southeast Asia as its next major export frontier, following in the f ...; Hwang Sujin Reporter 2026.06.22

Record-Breaking Surge: South Korea’s Memory Chip Exports Set to Reach New Heights in June: South Korea’s semiconductor industry is witnessing a historic momentum as June memory chip exports appear poised to shatter ...; Global Economic Times Reporter 2026.06.22

A Feast of Algae Created by 21.5 Billion Won in Taxes: Where Has Public Accountability Gone?: In the heart of Washington D.C., the 'Reflecting Pool' connecting the Lincoln Memorial to the Washington Monument is a symbol of d ...; Hwang Sujin Reporter 2026.06.21