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2026-07-25 (Sat)

U.S. Re-designates South Korea on Foreign Exchange Monitoring List While Commending Market Liberalization Progress

WASHINGTON & SEOUL — The U.S. Department of the Treasury has once again included South Korea on its foreign exchange monitoring list, maintaining close oversight of Seoul’s currency pr

Bank of Korea Overhauls ₩30 Trillion Intermediary Lending Facility to Boost SMEs and Regional Economies

SEOUL — The Bank of Korea (BOK) has unveiled a comprehensive overhaul of its 30 trillion won ($21.8 billion) Bank Intermediary Lending Support Facility, marking the most significant structural r
US Finalizes Section 301 ‘Forced Labor Tariffs’ on 60 Nations; South Korea Hit with 12.5% Duty

HEADLINE

US Finalizes Section 301 ‘Forced Labor Tariffs’ on 60 Nations; South Korea Hit with 12.5% Duty

WASHINGTON / SEOUL — The Donald Trump administration on Thursday (July 23, local time) finalized additional tariffs ranging from 10% to 12.5% on 60 countries under Section 301 of the Trade Act o

South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

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South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

SEOUL — South Korea’s financial regulators are deploying a sweeping set of emergency stabilization measures to curb the extreme volatility tied to single-stock leveraged products, particul

KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

HEADLINE

KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

JEJU ISLAND — Artificial Intelligence will serve as a revolutionary starting line for those who leap onto its wave early, but it will morph into an insurmountable wall for those who stand aside.

Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

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Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Hyundai Motor Group is set to secure a 100% ownership stake in its U.S.-based robotics subsidiary, Boston Dynamics. The South Korean automotive and technology conglomerate announced on July 16 that it

Fashion Runway Show 2026

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Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

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

Industry

Alphabet’s Aggressive AI Capex Expansion Dispels ‘Peak-Out’ Fears, Triggering Powerful Semiconductor Rally

Distribution Economy

Inflation Pressures Persist Despite Lower Oil Prices: Korea's Supply Price Index Hits 47-Month High

Business

2026 Osong Cosmetics & Beauty Expo Marks D-90 Countdown: Championing K-Beauty’s Global Growth

ICT

South Korea Launches Comprehensive ‘Agentic AI Initiative’ to Secure Global Leadership in Execution-Centric AI Ecosystems

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Synthesis

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FSC Slams Young Poong with Record $14.7 Million Fine Over Deliberate Accounting Fraud

7 days ago

Korean Independence Flag Raised at NYC's Waldorf Astoria Restored to Original Glory

9 days ago

FRAUD AT THE GATES: PROSECUTORS TAKE ON ILLEGAL APARTMENT SUBSCRIPTIONS IN DONGTAN 2 NEW TOWN

9 days ago

President Lee Advocates Swift Debt Forgiveness, Dismissing "Moral Hazard" Concerns as "Irresponsible Demagoguery"

9 days ago

Rising Tide of 'AI Nationalism' and 'National Dividend': All Eyes on U.S. Political Moves

11 days ago

Dunamu Appointed to Manage Seized Crypto Assets: 100% Liability and 24/7 Response Mandates Spark Industry Debate

11 days ago

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Business

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Google Unveils ‘Full-Stack AI’ Strategy to Accelerate AI Transformation for South Korean Enterprises

9 days ago

K-Games Expand Reach: Major Korean Game Developers Target US Subculture Fandom at Anime Expo 2026

17 days ago

Samsung Foundry Gains Momentum: Anthropic in Talks for AI Chip Production

21 days ago

Koscom Overhauls Organizational Structure to Spearhead AI and Data Initiatives

24 days ago

South Korea to Ban Unapproved Biocidal Products Starting July 1

26 days ago

Hyundai and Kia Shine at Cannes Lions 2026: Bridging Technology, Environment, and Culture

26 days ago

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Industry

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Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting

7 days ago

Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide

7 days ago

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations

9 days ago

US Pivots to 'Friend-Shoring' for Robotics Supply Chain: Expanding Horizons for Hyundai Motor Group

11 days ago

'The Jae-Chul Ryu Magic': LG Electronics Hits New Milestones in Q2 Performance

17 days ago

Automation Drives Quality: A Look Inside Hanwha Aerospace’s Smart Engine Factory

17 days ago

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South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won
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Google Cloud Deploys ‘Gemini Enterprise’ to Samsung Electronics DX Division
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Opinion

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Coupang’s ‘Chameleon Management’ Arbitrarily Switching Its Nationality

The Fall of Korean Football: Questioning the Weight of Responsibility

The True Face of Our Politics After Stripping Away the Mask of Fairness

The Word of a U.S. President Worth Less Than a Dollar

Photo News

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ICT(Information and Communication Technology)

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Google Developing Custom AI Chip Optimized for Gemini, to Be Produced Alongside Existing TPUs

AI Drones Take to the Skies in Revolutionary Hunt for Mosquitoes

Google Taps LG Energy Solution for Mega-Scale AI Data Center Power Project in North America

Column

Distribution Economy

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OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion
TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion
Uber Secures $14 Billion Deal to Acquire Delivery Hero; Vows Continued Strategic Investment in South Korea’s Baemin
Uber Secures $14 Billion Deal to Acquire Delivery Hero; Vows Continued Strategic Investment in South Korea’s Baemin
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