Global Economic Times

2026.06.28 (Sun)
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OpenAI Sets New Record with $1.5 Million Stock Compensation Per Employee: (C) NewsBytes SAN FRANCISCO – OpenAI, the creator of ChatGPT, has set a new benchmark in Silicon Valley by granting its emp ...; Eunsil Ju Reporter 2026.01.02

New Year’s Day Explosion at Swiss Ski Resort Leaves at Least 40 Dead: (C) Liverpool Echo CRANS-MONTANA, Switzerland – A devastating explosion and subsequent fire tore through a crowded bar in t ...; Global Economic Times Reporter 2026.01.02

Samsung to Freeze Galaxy S26 Prices Despite Surging Production Costs: SEOUL — Samsung Electronics has reportedly decided to freeze the launch prices of its upcoming flagship smartphone series, t ...; KO YONG-CHUL Reporter 2026.01.02

Park Sung-hyuk, Former Cheil Worldwide VP, Appointed as CEO of Korea Tourism Organization: (C) The Ministry of Culture, Sports and Tourism SEOUL – The Ministry of Culture, Sports and Tourism announced on Wednesday ...; Global Economic Times Reporter 2026.01.01

PyeongChang Silver Medalist Kim Bo-reum Announces Retirement: "I Want to Be Remembered as an Athlete Who Never Gave Up": (C) News.com.au SEOUL – Kim Bo-reum (32, Gangwon Provincial Office), the long-standing face of South Korean long-track spee ...; Hwang Sujin Reporter 2026.01.01

K-Defense Quartet Set for "Quantum Leap": Annual Sales to Hit 50 Trillion Won in 2026: (C) Hanwha SEOUL – South Korea’s defense industry is preparing for another historic milestone. Following a year of un ...; KO YONG-CHUL Reporter 2026.01.01

Coupang’s Dominance Drives Food Giants into a Corner: The High Price of "Rocket Delivery": SEOUL — In the rapidly evolving landscape of South Korea’s e-commerce market, Coupang has cemented its status as an un ...; Global Economic Times Reporter 2026.01.01

Bando Construction Secures Gadeokdo New Airport Construction Authority for 'Ivy Planet' in Busan Eco Delta City: (C) Gadeokdo New Airport Construction Authority BUSAN — In a landmark move for the regional economy, Bando Construction h ...; Hee Chan Kim Reporter 2026.01.01

Toward the Era of $1 Trillion in Exports: South Korea Hits the $700 Billion Milestone: (C) The Investor PYEONGTAEK, South Korea — South Korea has officially entered the elite ranks of the world’s top expo ...; KO YONG-CHUL Reporter 2026.01.01

TSMC Officially Enters Mass Production for Cutting-Edge 2nm Chips: (C) Mathrubhumi HSINCHU, Taiwan – TSMC, the world’s leading semiconductor foundry, officially announced on December 3 ...; Ana Fernanda Reporter 2026.01.01

"Black Spots Swarming on Eyelashes": 50-Year-Old Man Contracts Parasites After Sexual Contact: (C) Healthline A recent case report has highlighted a rare and unsettling medical condition where a man in his 50s discovered a ...; KIM YOUNG MIN 2026.01.01

ROK Defense Ministry Unveils "Semi-Fourth Branch" Plan: Marine Corps Commandant to be Promoted to Four-Star General: (C) Arirang TV SEOUL – In a landmark move to bolster the independence and operational capability of the Republic of Korea M ...; KO YONG-CHUL Reporter 2026.01.01

From Craft Brews to Modern Traditions: The Bold Vision of Seoul Brewery: (C) WanderBoat AI SEOUL – What defines the city of Seoul? For some, it is the epicenter of K-culture; for others, it is a ...; Kim Sungmoon Reporter 2026.01.01

Chung Myung-whun and KBS Symphony Orchestra Deliver a Message of Humanity in the Heart of Seoul: (C) Bachtrack SEOUL — As the year 2025 drew to a close, a familiar yet profoundly moving masterpiece resonated through the ...; KO YONG-CHUL Reporter 2026.01.01

Luxury Polarization: Chanel Surpasses Louis Vuitton as "Heritage" Trumps Trends: (C) Apparel Resources SEOUL — In a shifting global economy, the divide within the luxury market is becoming more pronounced ...; Hwang Sujin Reporter 2026.01.01

China Unleashes $9.6 Billion in New Subsidies; Korean Tech and Auto Giants on High Alert: (C) GMK Center BEIJING/SEOUL — China is kicking off 2026 with a massive "subsidy blitz" aimed at reviving domestic consumpt ...; Yim Kwangsoo Correspondent 2026.01.01

K-Wave Evolution: K-Food and K-Beauty Hit Record Highs, Eyeing Global Expansion in 2026: (C) Pamper.My SEOUL — The global phenomenon known as the "K-Wave" is no longer just about music and drama; it has firmly sh ...; LEE YEON SIL Reporter 2026.01.01

Silicon Valley Exodus: Tech Titans Flee as California Pushes 5% Billionaire Tax: (C) Realtor.com SAN FRANCISCO – A radical proposal to levy a one-time 5% wealth tax on California’s ultra-rich has tr ...; Sharon Yoon Correspondent 2026.01.01

GM Outperforms Tesla and Ford in 2024 Stock Performance: (C) Toledo Blade DETROIT — General Motors (GM) has emerged as the top-performing auto stock among U.S.-listed carmakers in ...; Graciela Maria Reporter 2026.01.01

SpaceX, Blue Origin, and Rocket Lab: 2026 to Mark a New Era for Global Space Launch Market: (C) Teslarati As 2026 approaches, the global space launch industry is poised for an unprecedented phase of expansion, led by tita ...; Eugenio Rodolfo Sanabria Reporter 2026.01.01