Global Economic Times

2026.11.11 (Wed)
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"IPhones on Sale for Just 200 Won"... Why They Started a 'Tearful Clearance': Ahead of China's largest shopping festival, "Singles' Day" (Double 11), e-commerce companies in the country have plunged into a ma ...; Global Economic Times Reporter 2026.10.16

China Seeks Confiscation of $4.3B Crypto Cache, Including Bitcoin, XRP, and DOGE: Chinese authorities have initiated proceedings to confiscate approximately $5 billion (approx. 6 trillion KRW) worth of Bitcoin (B ...; Eugenio Rodolfo Sanabria Reporter 2026.10.16

"Washing Dishes 200 Times a Day"... Youth Flock to '1.2 Million Won a Month' Jobs: In a workshop in Beijing, China, 40-year-old female worker Liu Yun wears a sensor bracelet on her wrist and small chips attached t ...; Kim Sungmoon Reporter 2026.10.16

Nearly 900 Schools Temporarily Closed as 'Flu' Epidemic Sweeps Japan: Japan's health authorities have gone on high alert as influenza spreads earlier than usual across the country. With the number of ...; Eugenio Rodolfo Sanabria Reporter 2026.10.16

Osaka's Iconic Glico Sign to Get a Makeover Next Spring; Saying 'Goodbye' Temporarily Starting December: The famous "Dotonbori Glico Sign" in Osaka, Japan, is undergoing a transformation for the first time in 12 and a half years. Acco ...; Ana Fernanda Reporter 2026.10.16

"Find Comfort"... The Melon Top 3 Singer Who Received Raving Reviews Turns Out to Be a 'Major Plot Twist': "I wish artificial intelligence (AI) would do my laundry and dishes so that I could paint and write. I don't want to do laundry an ...; KO YONG-CHUL Reporter 2026.10.16

'Growth Limit' Netflix to Lay Off 6% of Workforce… 1,000 Employees to Pack Their Bags: Netflix is restructuring its organization, laying off about 1,000 employees, or 6% of its total workforce, according to Reuters an ...; Desk 2026.10.16

"Arirang and Balhae Ruins Belong to China Too"… China Pushes for World Heritage Listing Amid Fresh Controversy: It has been revealed that China recently designated Korean-Chinese traditional cultures, such as Arirang and pansori, as national- ...; Desk 2026.10.16

"Korea is richer than Japan... Give our property back," shocking absurd remarks: A professor emeritus at Waseda University in Japan, who previously drew criticism for denying the forced mobilization of Japanese ...; KO YONG-CHUL Reporter 2026.10.16

No Severance Pay, Yet "I'm Quitting": Homeplus Early Closes Voluntary Resignation Just 8 Days In: The voluntary resignation process for Homeplus, which is currently undergoing corporate rehabilitation procedures, was closed earl ...; Global Economic Times Reporter 2026.10.16

Japan's First Disney Cruise Set to Launch in 2029: The Second in Asia Following Singapore: Japanese media reported on the 15th that a Disney-themed cruise ship will make its debut in Japan in 2029. Oriental Land, the ope ...; LEE YEON SIL Reporter 2026.10.15

European Countries Express Concern Over South Korea-Ukraine Friction: "South Korea's Support Must Be Maintained": As major European countries have shown interest in the diplomatic friction between South Korea and Ukraine surrounding the public ...; Graciela Maria Reporter 2026.10.15

Grand Prize Winner of Foreigner Speech Contest, Tran Thi Huong Ly: "I Plan to Keep Walking the Path of the Korean Language": Tran Thi Huong Ly (25), the grand prize winner of the "28th World Foreigner Korean Speech Contest" jointly hosted by Kyung Hee Uni ...; Hwang Sujin Reporter 2026.10.15

Is Switzerland's Flagship Bank UBS Leaving Its Homeland?..."Considering Relocation of Headquarters": UBS, Switzerland's largest investment bank, is considering relocating its Zurich headquarters overseas, the U.S. daily The Wall St ...; Desk 2026.10.15

TSMC Reports Record Q3 Net Income Up 68.7% Amid AI Boom: TAIPEI — Driven by the artificial intelligence (AI) boom, TSMC, the world's largest semiconductor foundry, has broken its al ...; Eugenio Rodolfo Sanabria Reporter 2026.10.15

Pro-Palestine Group Supporter: Bestselling Author's Books Suspended in the UK: The books of Irish bestselling author Sally Rooney have been suspended from sale in the UK due to issues surrounding her support f ...; Eugenio Rodolfo Sanabria Reporter 2026.10.15

"From Today, I am Turkish"... Why Koreans Have Started 'Nationality Laundering': Mr. A, an office worker in his 30s, has changed his online nationality three times this year. Although he lives in Korea, he used ...; Ana Fernanda Reporter 2026.10.15

Anthropic Ordered to Pay $1.5B in US Over 'Unauthorized Book Use'… EU Bans 'AI Training Without Consent': As artificial intelligence (AI) spreads rapidly, lawsuits regarding the unauthorized use of copyrighted works for AI model trainin ...; Eugenio Rodolfo Sanabria Reporter 2026.10.15

U.S. Deploys Ground Troops to Latin America to Combat Drug Trafficking—Deploying 'Sky Assassin' Drones: The U.S. Department of Defense has begun deploying approximately 600 Army personnel to Latin America for anti-drug trafficking ope ...; Ana Fernanda Reporter 2026.10.15

Urological Cancers and Non-Tumor Diseases Surge… Medical Costs Quadruple ($3times$ Increase): Driven by an aging population, the number of patients and medical expense burdens for urological diseases—including prostate ...; Global Economic Times Reporter 2026.10.15