Global Economic Times

Top News of the day

2026-09-02 (Wed)

Synthesis
President Lee Advocates Swift Debt Forgiveness, Dismissing "Moral Hazard" Concerns as "Irresponsible Demagoguery"
Industry
BYD Overtakes Tesla to Claim Top Spot in Global EV Market for 2025
World
"Louvre" Was the Password: State Audit Slams Museum's Security Gaps, Full Upgrade Not Expected Until 2032

'Nuclear Submarine' Receives 100B Won as Defense Budget Surpasses 70 Trillion Won for the First Time

The government’s proposed defense budget for next year has surpassed 70 trillion won for the first time in history. The defense budget growth rate stands at 8.2%, marking the largest increase in

Police Agency Implements Major Nighttime Reshuffle, Replacing 14 Out of 18 Regional Police Chiefs

Kim Jong-cheol, head of the Gyeongnam Provincial Police Agency, has been appointed as the Deputy Commissioner General of the Korean National Police Agency (KNPA). Ko Beom-seok, former head of the Jeon

HEADLINE
South Korea Unveils Record 821 Trillion Won Budget for 2027: The South Korean government has finalized its draft budget for 2027, setting a record-high total expenditure of 820.9 trillion won (approximately $600 billion). Driven by a massive super-boom in the s

HEADLINE
White House Inquires About Recovery of US Remains in North Korea Ahead of Potential North Korea-US Summit: As U.S. President Donald Trump emphasizes his willingness to push for a summit with North Korean leader Kim Jong-un within the year, a relevant official revealed that the White House has received a br

HEADLINE
Bolton: Trump Likely to Push for Pyongyang Summit with Kim Jong Un Solely for the Photo-Op: John Bolton, who served as White House National Security Advisor during Donald Trump’s first term, predicted that President Trump will likely pursue a summit with North Korean leader Kim Jong Un

HEADLINE
Youth Employment Subsidies Up to 18M KRW… Self-Employed to Receive 1.5M KRW Childcare Allowances: Starting next year, eligibility for the Youth Job Leap Incentive will expand to include young job seekers in the capital region, while direct incentives paid to employed youth will jump from a maximum

HEADLINE
Fashion Runway Show 2026

HEADLINE
Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.: [Global Economic Times] Jeju Special Self-Governing Province is the first in the country to implement a ‘used blanket circular economy pilot project’. Jeju Island signed a business agreem

Arts&Culture

Jeon Do-yeon and Park Hae-soo's Play The Cherry Orchard to Conclude 3-Year Journey in New York

Synthesis

Bucheon Cultural Center Broadens Urban-Rural and Regional Cultural Exchanges with Jeongseon-gun

World

FT: "South Korea-Owned Oil Tanker Hit in the Strait of Hormuz"

Well+Being

Health Checkup Pre-Medication Guide: What You Must Stop Taking on the Day of Your Exam

Synthesis

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Anti-Disability Backlash Erupts Over ‘Park Wee KTX Accident’…“The True Essence of Safe Mobility Is Being Sidelined”

5 hours ago

Minister of Culture: "Dancing is not a crime," hinting at institutional improvements

1 days ago

Cheongju Emerges as a Global Robot Stage

1 days ago

Effective Ethnic Korean Policies, Closer Field Engagement, Transparent Subsidies

1 days ago

Economy, Culture, and AI of Chungnam ‘Connected with the World’

1 days ago

Discussing Haenyeo and Dokdo in Jecheon, A City Without the Sea

4 days ago

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Business

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Governor Park Su-hyun Visits Emilia-Romagna, Home to Ferrari and Lamborghini Promises Exchange and Cooperation in the Social and Solidarity Economy... Delivers Invitation to Next Year's Strawberry Expo

1 days ago

"European Visit" Governor Park Soo-hyun Visits UNDP AI Hub to Discuss Cooperation Plans

4 days ago

Samsung Speeds Up 'AI Transformation': Executive Evaluation Expansion Across All Affiliates

5 days ago

BMW Korea Participates as Official Partner for 'Frieze Seoul 2026', Marking Five Years of Continuous Collaboration with the Global Art Fair

6 days ago

SK Telecom Splits SK Broadband to Establish AI Data Center Specialist 'SK Horizon' with Massive 3.08 Trillion Won Investment

6 days ago

Chungnam Governor Park Soo-hyun Inspects European Economy and Expands Support for Exporting Enterprises

6 days ago

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Industry

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South Korea Finalizes Plans to Build Five New Dams to Secure Industrial Water for Semiconductor Megaprojects and Combat Climate Extremes

5 days ago

Engineering a Revolution: The Innovation and Safety of Boeing's 777X Folding Wingtips

5 days ago

Hyundai Motor Accelerates Future Mobility: NVIDIA-Powered SDVs and Humanoid Robots Set for 2028 Mass Production

6 days ago

MegazoneSoft Completes Google Workspace-Based AI Transformation for Nongshim Group

12 days ago

Hyundai Motor Faces First Full-Scale Strike in a Decade Over Wage Impasse

12 days ago

Korean fintech expertise is making significant strides in the Vietnamese financial market, signaling a new era where "work records" serve as a foundation for credit.

13 days ago