Global Economic Times

2026.06.27 (Sat)
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Kim Yoon-ji Appointed as New President of KOCCA: “Leading the Global Expansion of K-Culture”: NAJU, South Korea — The Korea Creative Content Agency (KOCCA) officially inaugurated Kim Yoon-ji as its new president on Jun ...; KO YONG-CHUL Reporter 2026.06.16

South Korea Spearheads Global Standardization for AI-Powered Smart Cities: GENEVA – South Korea has solidified its leadership in the global digital landscape by taking the helm of international stand ...; Kim Young Min Reporter 2026.06.16

Home Appliance Giants Pivot Toward Niche Markets to Drive Growth: SEOUL — The South Korean home appliance industry is undergoing a significant transformation. Faced with a maturing domestic ...; Yim Kwangsoo Correspondent 2026.06.16

Global Markets Rally on Middle East Peace Hopes; Tech Stocks Lead the Charge: Global financial markets are experiencing a profound shift in sentiment as the prospect of peace in the Middle East breathes new l ...; Kim Sungmoon Reporter 2026.06.16

Beyond the Dance Floor: Hyundai and Boston Dynamics Redefine the Future of Robotics: For years, the image of Boston Dynamics’ humanoid robot, "Atlas," performing backflips and dancing to music captivated the w ...; Graciela Maria Reporter 2026.06.16

Trump Faces Backlash from Conservative Base Over Iran Peace Deal: WASHINGTON D.C. — The recent peace agreement between the United States and Iran has ignited a firestorm of criticism within ...; Eugenio Rodolfo Sanabria Reporter 2026.06.16

Seoul City Council Proposes Ordinance to Expand Free Public Transit for Seniors to Buses: SEOUL — The Seoul Metropolitan Council is currently deliberating a potential expansion of public transportation fare subsidi ...; Hwang Sujin Reporter 2026.06.16

NVIDIA Seeks $22 Billion Bond Issuance to Fuel AI Dominance: NVIDIA, the undisputed leader in the artificial intelligence semiconductor market, is preparing to return to the corporate bond ma ...; Ana Fernanda Reporter 2026.06.16

Korea’s Path to Global AI Dominance: Seizing Opportunities in Power Infrastructure: As the global race for artificial intelligence (AI) and data center supremacy intensifies, power quality and load management capab ...; Global Economic Times Reporter 2026.06.16

Won Stays Firm at 1,500 Level Despite US-Iran Peace Deal: The South Korean won-dollar exchange rate continues to trade in the mid-1,500 range, resisting downward pressure even after the an ...; KO YONG-CHUL Reporter 2026.06.16

Rediscovering a ‘World Where People Live’ 20 Years After the Hwang Woo-suk Scandal: A New Era of Science and Collective Intelligence: SEOUL — On June 12, the National Assembly of the Republic of Korea became the stage for a significant milestone in civic dis ...; HONG MOON HWA Senior Reporter 2026.06.15

Focus Shifts from Rates to Rhetoric: Markets On Edge for Fed Chair Warsh’s Debut Message at June FOMC: SEOUL — Having successfully digested the latest round of inflation data, global financial markets are turning their undivide ...; KO YONG-CHUL Reporter 2026.06.15

Banks Lock in Corporate Funds with 3% Deposit Rates to Counter 'Money Move' Risks: SEOUL — South Korean commercial banks are aggressively raising interest rates on fixed-term deposits to the 3% range. Driven ...; Kim Sungmoon Reporter 2026.06.15

South Korea’s Permanent Jobs Shrink for First Time in 26 Years: A Severe Blow to the 2030 Generation: SEOUL — South Korea’s labor market has hit a major roadblock as permanent employment contracted for the first time in ...; Hwang Sujin Reporter 2026.06.15

LS Cable & System Clinches Phase 2 of East Coast–Seoul HVDC Project, Solidifying National Grid Leadership: SEOUL — LS Cable & System announced on Monday, June 15, 2026, that it has successfully secured the contract for the seco ...; Desk 2026.06.15

KOSPI Soars at Market Open, Triggering Buy Sidecar on U.S.-Iran Peace Agreement: SEOUL — The South Korean benchmark KOSPI index experienced a dramatic surge immediately after the opening bell on Monday, tr ...; KO YONG-CHUL Reporter 2026.06.15

Trump Announces End of Iran War; Hormuz Strait Reopened Tol-Free: WASHINGTON — In a dramatic and historic turn of events, U.S. President Donald Trump announced on Sunday that the United Stat ...; Global Economic Times Reporter 2026.06.15

AI Laptops to Cross 50% Market Share Next Year as PC Giants Launch Full-Scale Offensive: SEOUL — The global personal computer (PC) industry is undergoing a seismic shift, with the transition toward Artificial Inte ...; Graciela Maria Reporter 2026.06.14

U.S. Imposes Drastic Export Controls on Anthropic’s Cutting-Edge ‘Mythos’ AI, Triggering Fierce Industry Backlash: WASHINGTON — In an unprecedented escalation of state intervention in the artificial intelligence sector, the United States g ...; KO YONG-CHUL Reporter 2026.06.14

'K-Medicine' Sweep Drives Foreign Medical Spending in Korea to Record High of 250 Billion Won: - Over-the-counter items like skin regeneration creams, acne treatments, and traditional pain-relief patches fuel the retail boom. ...; Hee Chan Kim Reporter 2026.06.14

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