Global Economic Times

2026.05.15 (Fri)
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Over 150 Female Inmates Killed in Prison Break Fire in Eastern Congo: Goma, Democratic Republic of Congo – A devastating prison break in Goma, Eastern Congo, has left over 150 female inmates dea ...; Yim Kwangsoo Correspondent 2025.02.08

Turkey Refuses to Recognize Afghan Diplomats Appointed by Previous Government: Ankara, Turkey – The Turkish government has refused to recognize the credentials of diplomats appointed by the previous, Wes ...; Graciela Maria Reporter 2025.02.08

World's Largest Iceberg on the Move, Threatening Wildlife Haven: Antarctica - The world's largest iceberg, A-23A, has begun moving again after being trapped in the Weddell Sea gyre for over eight ...; PETER KO 2025.02.08

Samsung Electronics and SK Hynix's Q1 Performance to Be Determined by HBM Business: SEOUL – The first quarter (Q1) performance of Samsung Electronics and SK Hynix is expected to be uneven, depending on their ...; Global Economic Times Reporter 2025.02.07

Tragedy Strikes Islamic School in Nigeria: Fire Claims Lives of 17 Children: KAUDA NAMODA, ZAMFARA STATE, NIGERIA - A devastating fire broke out at an Islamic school in the Kauru Namoda area of Zamfara State ...; Graciela Maria Reporter 2025.02.07

German Tourist Killed by Elephant in India: Tamil Nadu, India – A 77-year-old German tourist, identified as Michael Jürgens, was tragically killed by an elephant i ...; Eugenio Rodolfo Sanabria Reporter 2025.02.07

EU Investigates Shein for Potential DSA Violations: Brussels, Belgium – The European Union (EU) is reportedly considering an investigation into the Chinese e-commerce giant She ...; ONLINE TEAM 2025.02.07

Woman Dies After Chiropractic Treatment for Neck Pain: Gateshead, UK – A 29-year-old woman from Gateshead, England, has died after receiving chiropractic treatment for neck pain. ...; ONLINE TEAM 2025.02.07

South Korea Extends Fuel Tax Cut, Boosts Support for Food Prices Amidst Inflation Concerns: Seoul – South Korea has announced an extension of its temporary fuel tax cut for another two months, until the end of April. ...; Global Economic Times Reporter 2025.02.07

Fitch Maintains South Korea's Credit Rating at 'AA-' with Stable Outlook, but Downgrades Growth Forecast: Seoul – Fitch Ratings has reaffirmed South Korea's long-term foreign currency issuer default rating (IDR) at 'AA-' with a st ...; KO YONG-CHUL Reporter 2025.02.07

South Korean Ministry of Education Blocks Access to Chinese AI Service DeepSeek: Seoul - Following concerns over data privacy and security, South Korea's Ministry of Education has announced a ban on access to De ...; Global Economic Times Reporter 2025.02.07

First Exploration Drilling for 'Great Whale' Gas Field Deemed Unprofitable: Sejong, South Korea – The first exploration drilling for the 'Great Whale' gas field, which began on December 20th of last y ...; HONG MOON HWA Senior Reporter 2025.02.07

Korea REITs Association Calls for Exclusion of Public Rental Housing from Comprehensive Real Estate Tax: The Korea Real Estate Investment Trust (REITs) Association announced on the 5th that it has proposed to the government to exclude ...; Min Gyu Mi Reporter 2025.02.06

Korea's First Alternative Trading System to Launch Operations Next Month: Seoul – Korea's capital markets are set to undergo a major transformation with the launch of Nextrade, the country's first a ...; Desk 2025.02.06

Samyang Foods Achieves Record-Breaking Sales and Operating Profit in 2024: Samyang Foods [003230] announced on February 5th that its consolidated sales for 2024 are provisionally estimated at 1.73 trillion ...; Min Gyu Mi Reporter 2025.02.06

S. Korea Takes Measures in Response to China's Export Control of 5 Key Raw Materials: The South Korean government has taken measures to address the potential impact of China's recent export control of five key raw ma ...; Hwang Sujin Reporter 2025.02.06

Gold Transactions Surge Amidst Escalating Trade War Fears: Seoul, South Korea – The recent surge in gold trading in South Korea has reached unprecedented levels, with daily transactio ...; Hwang Sujin Reporter 2025.02.06

Financial Authorities Strengthen Disaster Recovery Measures Following Kakao's "Service Interruption" Incident: In response to the "service interruption" incident that occurred with Kakao [035720] two years ago due to a fire at the SK C&C ...; KO YONG-CHUL Reporter 2025.02.06

Sam Altman, CEO of OpenAI, Visits India and Expresses Willingness to Cooperate in Developing Low-Cost AI Systems: Sam Altman, CEO of OpenAI, visited India on the 5th (local time) after visiting Japan and South Korea to consolidate leadership in ...; Eugenio Rodolfo Sanabria Reporter 2025.02.06

U.S. Trade Deficit Hits Record High in 2024: The United States' trade deficit soared to a record high of $918.4 billion in 2024, as imports surged while exports struggled to k ...; Sharon Yoon Correspondent 2025.02.06