Global Economic Times

2026.09.28 (Mon)
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South Korea’s Tax Agency Clamps Down on Tax Evaders, Recovers Billions in Hidden Assets: SEOUL, South Korea – The National Tax Service (NTS) of South Korea has intensified its crackdown on tax evaders, recovering ...; Hwang Sujin Reporter 2024.11.21

Shanghai Disneyland to Implement Real-Name Ticket System to Combat Scalping: SHANGHAI, China – Shanghai Disneyland will implement a real-name ticket system starting from November 23, requiring all visi ...; Eugenio Rodolfo Sanabria Reporter 2024.11.21

South Korean Paper Manufacturers Fined for Price-Fixing Scheme: SEOUL, South Korea – The Fair Trade Commission (FTC) of South Korea has imposed a fine of approximately 30.5 billion won ($2 ...; KO YONG-CHUL Reporter 2024.11.21

LG Uplus Appoints New CEO to Drive AI Transformation: SEOUL, South Korea – LG Uplus has appointed Hong Beom-sik, the current head of LG Corporation's management strategy division ...; Hwang Sujin Reporter 2024.11.21

HMM Introduces Two New LNG-Powered Container Ships: BUSAN, South Korea – HMM, a leading global shipping company, has announced the introduction of two new 7,700 TEU container s ...; Hwang Sujin Reporter 2024.11.21

Former Samsung Display Researcher Indicted for Leaking Critical Technology to China: SEOUL, South Korea – A former Samsung Display researcher has been indicted on charges of stealing and leaking trade secrets ...; Desk 2024.11.21

CJ CheilJedang to Invest $8 Billion in New Food Production Facilities in Europe and the US: SEOUL, South Korea – CJ CheilJedang, South Korea's largest food and biotechnology company, is set to invest approximately $8 ...; KO YONG-CHUL Reporter 2024.11.21

The Sweet Temptation of Cults: How Financial Influence Can Corrupt the Media: The media plays a crucial role in democratic societies, serving as watchdogs that expose the truth and hold those in power account ...; KO YONG-CHUL Reporter 2024.11.21

A Toast to Tradition: Soju, Makgeolli, and Respect for the Elderly: As a new business owner in the food industry, I've had the opportunity to learn a lot about Korean drinking culture. One fascinati ...; LEE YEON SIL Reporter 2024.11.21

The Amazing Benefits of Fig Sap: The milky white sap that oozes from a fig tree has a variety of uses, some of which have been known for centuries. This article wi ...; LEE YEON SIL Reporter 2024.11.21

South Korea's Public Pre-Sale Housing Scheme Faces Backlash as 75% of Applicants Back Out: Seoul, South Korea – A public pre-sale housing project in Uiwa, Gyeonggi Province, has faced a significant setback after a s ...; Hwang Sujin Reporter 2024.11.20

Microsoft Unveils AI Agents to Revolutionize Workplace Productivity: Chicago, USA – Microsoft has unveiled a suite of AI-powered agents designed to streamline and automate various tasks, markin ...; Desk 2024.11.20

South Korea's Overseas Assets Hit Record High as 'Retail Investors' Fuel Overseas Investments: Seoul, South Korea – South Korea's net foreign assets have surpassed $900 billion for the first time, marking a historic hig ...; Desk 2024.11.20

AliExpress and Temu Face Backlash Over Unsafe Products: Seoul, South Korea – A recent crackdown by South Korean authorities has revealed a significant number of unsafe products bei ...; Hwang Sujin Reporter 2024.11.20

Europe's Christmas Comes to Seoul: Lotte Department Store Unveils Grand Christmas Market: Seoul, South Korea – Lotte Department Store is bringing the magic of a European Christmas market to Seoul this holiday seaso ...; Hwang Sujin Reporter 2024.11.20

Samsung Heavy Industries Receives Approval for Wind-Powered LNG Carrier: Seoul, South Korea – Samsung Heavy Industries announced today that it has received approval in principle (AIP) for a groundb ...; Hwang Sujin Reporter 2024.11.20

Yonsei University Becomes First in South Korea to Install Quantum Computer: Seoul, South Korea - Yonsei University has made history by becoming the first institution in South Korea to install a quantum comp ...; Desk 2024.11.20

Hanwha Group Chairman Emphasizes R&D for Global Leadership in Shipbuilding: Seoul, South Korea – Kim Seung-yeon, chairman of Hanwha Group, visited the company’s shipbuilding subsidiary, Hanwha O ...; Desk 2024.11.20

Baek Jong-won Threatens to Relocate Yesan Market Amid Gentrification Concerns: Seoul, South Korea – Celebrity chef and restaurateur Baek Jong-won has threatened to relocate the popular Yesan Market if sk ...; Hwang Sujin Reporter 2024.11.20

Stray Dog Population Explodes in Incheon's Seo-gu District: Incheon, South Korea – The number of stray dogs in Seo-gu district of Incheon has surged in recent years, prompting concerns ...; Hwang Sujin Reporter 2024.11.20