Global Economic Times

2026.05.08 (Fri)
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Finance Chief Koo Vows All-Out Measures to Stabilize Markets Amid Rising Global Volatility: SEOUL — South Korea’s top economic policymaker declared on Thursday that the government is prepared to mobilize all av ...; KO YONG-CHUL Reporter 2026.03.19

Kakao Maintains 16% R&D Investment Ratio, Betting on ‘Model Orchestration’ Strategy: SEOUL – Kakao is carving out a distinct path in the global artificial intelligence race, prioritizing "efficiency and orches ...; Hwang Sujin Reporter 2026.03.19

KOSPI Plummets 2.73% to Close at 5,763.22 Amid Aggressive Institutional and Foreign Selling: SEOUL – The South Korean benchmark KOSPI index took a sharp dive on Thursday, erasing previous gains as heavy selling by for ...; Kim Sungmoon Reporter 2026.03.19

Intel Announces 10% Price Hike on CPUs: PC Manufacturers Bracing for Massive Production Cost Spikes: (C) Trend Force SEOUL – In a move that signals a turbulent year for the consumer electronics market, Intel has officially ...; Hwang Sujin Reporter 2026.03.19

Samsung Electronics Bets Big on AI Era with Record $83 Billion Investment Blitz: SEOUL – In a bold bid to cement its dominance in the burgeoning artificial intelligence (AI) landscape, Samsung Electronics ...; KO YONG-CHUL Reporter 2026.03.19

Cash-Flow Lifeline: Korea’s 'Win-Win Payment' Platform Eyes 200 Trillion Won Milestone: (C) Dreamstime.com SEOUL — South Korea’s "Win-Win Payment System" (Sang-saeng) is set to leap forward as a cornerst ...; Global Economic Times Reporter 2026.03.19

“Best Performance Ever” at the Winter Paralympics… Republic of Korea Delegation Returns Home: (C) Ministry of Culture, Sports and Tourism On the afternoon of March 17, Minister of Culture, Sports and Tourism Choi Hwi-young ...; KO YONG-CHUL Reporter 2026.03.19

The 51st State of Delusion: Trump’s Baseball Imperialism is a New Low: The 2026 World Baseball Classic was supposed to be a celebration of the "diamond's" global reach. Instead, it has become the lates ...; KO YONG-CHUL Reporter 2026.03.18

‘A Ticking Time Bomb’: Russian Shadow Fleet Tanker Drifts in Mediterranean, Raising Fears of Environmental Disaster: VALLETTA/ROME — International maritime authorities and environmental groups are on high alert as a Russian-flagged tanker, l ...; Ana Fernanda Reporter 2026.03.18

Mid-Tier Card Issuers Ignite "Bloody Competition" with Cashback Equivalent to 26 Years of Fees: SEOUL — South Korea’s mid-tier credit card companies have entered a high-stakes marketing war, offering unprecedented ...; Hee Chan Kim Reporter 2026.03.18

Foreign Investors Return: KOSPI Reclaims 5,900 Mark Amid Geopolitical Recovery: SEOUL — The South Korean equity market witnessed a historic surge on Wednesday, with the benchmark KOSPI reclaiming the 5,90 ...; Hwang Sujin Reporter 2026.03.18

LG Electronics Slashes Entry-Level OLED TV Prices in Europe to Counter Chinese LCD Dominance: BERLIN – In a strategic move to solidify its dominance in the global home entertainment market, LG Electronics has announced ...; Desk 2026.03.18

Battle for K-Beauty Hegemony: Health Ministry and MFDS Clash Over Policy Control: SEOUL – As the K-Beauty industry emerges as a primary engine for South Korea’s future economic growth, a sharp jurisdi ...; KO YONG-CHUL Reporter 2026.03.18

Naver Targets $50 Billion VTuber Market with Next-Gen AI Emotional Interaction Technology: (C) KED Global Naver, South Korea’s tech giant, is making a bold move into the rapidly expanding virtual entertainment se ...; Desk 2026.03.18

Power Semiconductor Prices Surge Following Memory Chips: Production Costs and AI Demand Fuel Hike: (C) Astute Group Overview: A Perfect Storm in the Legacy Node MarketThe global semiconductor supply chain is facing a new wave ...; Global Economic Times Reporter 2026.03.18

The Fall of Pax Americana: Diplomacy of Madness Defined by Dogmatism and Threats: (C) Think China In the 21st century, the international community has sought peace and prosperity under the values of mutual respe ...; KO YONG-CHUL Reporter 2026.03.18

In Front of Jeokmukdang: The Seorak-dong area becomes a world of utter silence when the rugged mountains are draped in snow. At the entrance of Seorak-dong ...; Cho Kijo Reporter 2026.03.17

“Building a Self-Sustaining Ecosystem”: Retail Giants Race to Upgrade Payment and Settlement Infrastructure: The landscape of the Korean retail industry is undergoing a fundamental shift. No longer content with simply hosting products, maj ...; Kim Sungmoon Reporter 2026.03.17

Won Breaches 1,500 Mark for First Time Since Financial Crisis; KOSPI Stabilizes at 5,500 Amid Chip Rally: SEOUL – The South Korean financial markets faced a day of extreme volatility on Monday, as the won-dollar exchange rate surg ...; KO YONG-CHUL Reporter 2026.03.17

Coupang Tightens Rocket Delivery Rules: Free Shipping Now Based on 'Final Payment' for Non-Members: SEOUL — Coupang, South Korea’s e-commerce giant, is set to overhaul its free shipping policy for non-Wow membership us ...; Hwang Sujin Reporter 2026.03.17