Global Economic Times

2026.05.08 (Fri)
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World Orchestra Festival to Begin 60-Day Musical Journey in Daegu: Daegu, South Korea – The World Orchestra Festival, a premier classical music event representing Daegu as a UNESCO City of Mu ...; Hwang Sujin Reporter 2025.07.30

US Decision to Allow NVIDIA H20 AI Chip Sales to China Ignites Fierce Debate: WASHINGTON D.C. — The Trump administration's decision to permit NVIDIA to resume sales of its H20 artificial intelligence (A ...; Pedro Espinola Special Correspondent 2025.07.30

UCLA Reaches $6.13 Million Settlement in Lawsuit Over Handling of Pro-Palestinian Protests: LOS ANGELES – The University of California, Los Angeles (UCLA) has agreed to a $6.13 million settlement in a lawsuit brought ...; Eunsil Ju Reporter 2025.07.30

Japan Bolsters Defenses Against Foreign SNS Election Interference: Tokyo, Japan - The Japanese government is embarking on an urgent initiative to strengthen its defenses against foreign-initiated s ...; Graciela Maria Reporter 2025.07.30

Novo Nordisk Shares Plummet as Competition Heats Up in Obesity Drug Market: Copenhagen, Denmark – Shares of Danish pharmaceutical giant Novo Nordisk, widely known for its blockbuster obesity drug Wego ...; Graciela Maria Reporter 2025.07.30

Anthropic Eyes Up to $5 Billion Investment, Valuation Soars to $170 Billion: SAN FRANCISCO - Anthropic, a prominent competitor to OpenAI, is reportedly in discussions to secure up to $5 billion in new fundin ...; Eugenio Rodolfo Sanabria Reporter 2025.07.30

Kyrgyzstan Tightens Grip on Internet, Imposes State Monopoly and Pornography Ban: BISHKEK, Kyrgyzstan – In a significant move that signals a further consolidation of state power, Kyrgyzstan’s Preside ...; Global Economic Times Reporter 2025.07.30

Massive 8.8 Magnitude Quake Strikes Off Kamchatka, Triggers Tsunami Warnings Across Pacific: Petropavlovsk-Kamchatsky, Russia – A colossal magnitude 8.8 earthquake struck off the coast of Russia's Kamchatka Peninsula ...; Ana Fernanda Reporter 2025.07.30

Toyota to Kickstart EV Production in Europe by 2028, Czech Republic to Host First Plant: PRAGUE, CZECH REPUBLIC – Japanese automotive giant Toyota is set to commence electric vehicle (EV) production in Europe, wit ...; Global Economic Times Reporter 2025.07.30

Number of Foreign Residents in Korea Hits Record High of 2.73 Million, Impact on Economy and Society Noted: Seoul, July 29, 2025 – The number of foreign nationals residing in Korea for various purposes such as study, work, and touri ...; Hwang Sujin Reporter 2025.07.29

"That Guy's Voice" Caught by AI…Telecoms Declare War on New Financial Scams: In response to increasingly sophisticated financial scams like voice phishing and smishing, South Korea's three major mobile carri ...; Hwang Sujin Reporter 2025.07.29

Choi Jae-hyuck Wins Llíria International Conducting Competition in Spain, Elevating K-Classic's Status: Conductor Choi Jae-hyuck has announced the birth of a new star in the international music scene by winning the 3rd International O ...; KO YONG-CHUL Reporter 2025.07.29

Jeju City Faces Embezzlement Scandal: Over ₩600 Million from Waste Bag Sales Stolen, Revealing Systemic Management Failures: Jeju City's lax financial management system has come under scrutiny. Public outrage is growing following the discovery that a publ ...; Global Economic Times Reporter 2025.07.29

Korea-Japan Visa Unification Expected to Attract 1.84 Million Additional Tourists: A recent analysis suggests that if Korea and Japan were to unify their tourist visa systems, South Korea alone could see an additi ...; KO YONG-CHUL Reporter 2025.07.29

The 27th Seoul International Women's Film Festival to Open Next Month Under the Slogan 'Reimagining F': The 27th Seoul International Women's Film Festival will be held at Megabox Sinchon from the 21st to the 27th of next month. This y ...; Min Gyu Mi Reporter 2025.07.29

Reverend Motoyuki Nomura, a Japanese social activist who sold his Tokyo home to aid the poor in Cheonggyecheon, has passed away.: Reverend Motoyuki Nomura, a Japanese social activist who dedicated himself to aiding the poor in Cheonggyecheon, Seoul, after sell ...; Global Economic Times Reporter 2025.07.29

Wedding Costs: Deepening Regional Disparity… Gangnam Exceeds National Average by ₩13 Million: For couples planning to marry, wedding expenses remain a significant burden, with regional disparities becoming particularly prono ...; Hwang Sujin Reporter 2025.07.29

Samsung Electronics Wins ₩23 Trillion Foundry Contract with Tesla, Alleviating 'Distrust in Technology': Samsung Electronics has achieved a turning point in its foundry business after winning a semiconductor consignment production (fou ...; KO YONG-CHUL Reporter 2025.07.28

President Lee Jae-myung pushes for special promotions for officials who were 'passive in illegal orders'... emphasizes tax normalization and support for re-establishment.: President Lee Jae-myung has ordered special promotions for officials who were passive in following illegal and unjust orders durin ...; KO YONG-CHUL Reporter 2025.07.28

Unprecedented Heatwave Changes the Consumer Map: An all-time record heatwave has swept across the country, significantly altering the consumer landscape. People have sought out co ...; Hwang Sujin Reporter 2025.07.28