Global Economic Times

2026.11.11 (Wed)
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Bitcoin Slumps for a Second Day Amid Record Binance Hack, Tech Sell-Off, and Rising Oil Prices: SEOUL — Bitcoin extended its downward slide for a second consecutive day, weighed down by the fallout from a historic hackin ...; Kim Young Min Reporter 2026.10.31

Major South Korean Financial Groups Exceed 21 Trillion Won in ESG Social Value Creation Last Year: SEOUL — South Korea’s major financial groups have achieved a significant milestone in sustainable management, generati ...; Desk 2026.10.31

From "Kneeling" Suppliers to the AI Era: Will Long-Term Agreements Redefine Tech’s Power Dynamics?: In the scorching deserts of California, a gunshot rang out. The object being blasted to pieces was none other than an Apple iPod m ...; Eugenio Rodolfo Sanabria Reporter 2026.10.31

Alphabet Shares Plummet by $500B on Mixed Earnings and AI Spending Surge; Analysts View the Dip as a Buying Opportunity: Google’s parent company, Alphabet, experienced a historic market rout, with its stock plunging over 12% following third-quar ...; Global Economic Times Reporter 2026.10.31

"I Want to Make Kimchi, But Salting is Too Much Work"—Supermarkets' New Solutions: (C) Gemini Image Ahead of the peak kimchi-making season (gimjang), the retail industry is expanding convenient product lineups to ...; Hwang Sujin Reporter 2026.10.31

November Shopping Festival Sparks Retail War in South Korea: Where to Find the Best Deals: (C) Gemini Image SEOUL — South Korea’s retail giants have officially kicked off their massive November shopping seaso ...; Hwang Sujin Reporter 2026.10.31

Culinary Mashups and Nostalgia with a Twist: South Korea’s F&B Giants Vie for Consumer Attention: (C) McDonald’s Korea SEOUL — South Korea’s food and retail industry is ramping up its end-of-October product la ...; KO YONG-CHUL Reporter 2026.10.31

Where to Draw the Line? Public Debate Gathers to Shape Personal Data Use in the AI Era: (C) Gemini Image As the artificial intelligence revolution accelerates, society faces a complex and pressing dilemma: how to effe ...; KO YONG-CHUL Reporter 2026.10.31

US Midterm Elections Complicate Trade Calculus... Persistent Uncertainty Over Tariffs and Investment: (C) Gemini Image With the US midterm elections taking place on the 3rd of next month (local time), South Korea’s calculatio ...; Ana Fernanda Reporter 2026.10.31

"Ding-Dong" Delivery Robots: The Race to Give Humanoids Real-World "Common Sense": (C) Gemini Image Imagine a humanoid robot stepping up to the back of a pickup truck, carefully navigating between boxes labeled w ...; Global Economic Times Reporter 2026.10.31

A World Swallowed by the Climate Crisis: $1 Trillion in Annual GDP Evaporates, Developing Nations Bear the Brunt: The negative impacts of climate change on health and economic activity are worsening at a much faster and steeper rate than a deca ...; Kim Young Min Reporter 2026.10.29

Gyeongju to Remove 120 On-Street Parking Spaces on Cheomseong-ro; Merchants and Residents Push Back, Claiming "Threat to Livelihoods": In an effort to ease traffic congestion along Cheomseong-ro—a core tourist axis spanning the Eastern Historic Sites District ...; Hee Chan Kim Reporter 2026.10.29

Spanish High-Speed Train Collision Leaves at Least 68 Dead... 'Control Error' Amid Signal Failure: Control center instructed trailing train to 'resume operation without speed limits' despite red signal Consulate officials dispat ...; Global Economic Times Reporter 2026.10.29

"Germany’s Nuclear Exit Should Serve as a Warning… Let's Solve the Power Crisis in AI & Advanced Industries through SMR Commercialization": 6223 Future Forum Successfully Holds the 11th Symposium on "Future Vision of Korea's SMR"Chairman Lee Chae-pil: “Electricity ...; HONG MOON HWA Senior Reporter 2026.10.28

"Taxes and credit card bills must be delayed as much as possible": The rise of household 'buffer payments' amid economic squeeze: Amid an economic slowdown, an increasing number of households are resorting to "deferred payments"—paying taxes in credit ca ...; Kim Young Min Reporter 2026.10.28

Honeymoon Trends in South Korea: The Rise of the 8M-Won Getaway, Where Slow Travel Meets Uncompromising Luxury: SEOUL — Long gone are the days of whirlwind, multi-city tours packed into a tight schedule just to check off tourist landmar ...; Hwang Sujin Reporter 2026.10.28

Amazon Courts ‘Global No. 1’ K-Beauty: As South Korea’s cosmetics exports broke historic records by reaching 11.4 billion USD (approx. 14.7 trillion KRW) from Janu ...; Greace Nunez Correspondent 2026.10.28

30-Year Senior-Junior Duos to In-House Couples: Building AI Services All Night Without Knowing How to Code: "If it feels burdensome for a request to be uploaded to the internal system the moment it is saved, shall we add a temporary save ...; Kim Sungmoon Reporter 2026.10.28

At a Crossroads: Robotaxis Caught in the Crossfire of Job Security and Innovation: As autonomous driving technology enters a phase of maturity, it is beginning to clash with existing socioeconomic systems. At the ...; Eugenio Rodolfo Sanabria Reporter 2026.10.28

Real Incomes Surge at Fastest Pace in 49 Years, Yet Consumers Keep Wallets Closed: SEOUL — While the South Korean economy posted a better-than-expected growth rate in the third quarter (July–September) ...; Cho Kijo Reporter 2026.10.28