Global Economic Times

2025.10.22 (Wed)
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Nursing Home Tied to Kim Keon-hee's Family Hit with 104-Day Suspension Over $1 Million Fraud: NAMYANGJU, South Korea—A nursing home in Namyangju, Gyeonggi Province, operated by the family of Kim Keon-hee, the wife of f ...; KO YONG-CHUL 2025.09.29

Audit Exposes Deep-Seated Flaws at South Korea's Central Data Center: SEOUL — A devastating fire on September 26 at South Korea’s National Information Resources Service (NIRS), which cause ...; Global Economic Times 2025.09.29

Baby V.O.X Reunites for 'New Breath' Concert, Ending a 23-Year Wait: SEOUL - In an emotional and powerful reunion, first-generation K-pop girl group Baby V.O.X held their second-ever domestic solo co ...; Hwang Sujin 2025.09.29

Veteran Singer Kim Gun-mo Makes Emotional Comeback with Busan Concert: BUSAN, South Korea—Veteran South Korean singer Kim Gun-mo successfully launched the first show of his new national concert t ...; LEE YEON SIL 2025.09.29

Seoul Biennale Director Challenges 'Soulful Architecture is Expensive' Myth: SEOUL—Architect Thomas Heatherwick, General Director of the 5th Seoul Biennale of Architecture and Urbanism (SBAU) 2025, del ...; Hwang Sujin 2025.09.29

Lawmaker Calls for End to Government Ads for 'Fake News' Outlets After SkyDaily Controversy: A South Korean lawmaker is spearheading a push to stop government and public-sector advertising from being placed with media outle ...; KO YONG-CHUL 2025.09.29

Philippines to Host 2029 FIVB Women's World Championship: MANILA, Philippines – The Philippines, fresh off hosting the 2025 FIVB Men's World Championship, has secured the rights to h ...; Kim Sungmoon 2025.09.29

Landmark Fine for Deepfake Pornography in Australia Sets Strong Precedent: BRISBANE, Australia – An Australian man has been handed a historic fine of AU$343,500 (approximately 317 million KRW) by a f ...; Yim Kwangsoo 2025.09.29

Speculation Mounts as US Defense Secretary Downgrades Commanders' Ranks and Summons Top Brass: WASHINGTON—An atmosphere of confusion and anxiety is gripping the US military leadership following an abrupt order by Defens ...; Hwang Sujin 2025.09.29

Budget Constraints Hamper Disaster Recovery: Government Systems Crippled by Fire Two Years After Previous Outage: DAEJEON, South Korea – The recent fire at the National Information Resources Service (NIRS) data center in Daejeon has once ...; KO YONG-CHUL 2025.09.29

Global Machine Tool Industry Rattled by South Korea-Led M&A Blitz: The global machine tool industry, often called the "mother machine" sector for its role as the backbone of manufacturing, is under ...; Pedro Espinola 2025.09.29

Impending U.S. Federal Shutdown Threatens Paychecks and Critical Economic Data: WASHINGTON, D.C. — The U.S. federal government is on the brink of a shutdown as the September 30 funding deadline looms, wit ...; Global Economic Times 2025.09.29

New York Stocks Rebound on Expected Inflation Data; Tesla Jumps 4%: NEW YORK— New York’s major indices snapped a four-day losing streak, posting a significant rebound today as key inflat ...; Hannah Yeh 2025.09.29

Kim Keon-hee Special Prosecutor Likely to Indict Kwon Seong-dong, Kim Sang-min This Week: The Min Joong-ki Special Prosecutor's Team, which is investigating allegations related to First Lady Kim Keon-hee, is expected to ...; KO YONG-CHUL 2025.09.29

Korean Small-Caps Suffer in Market Rally as Polarization Deepens: SEOUL—The South Korean stock market is undergoing a pronounced bifurcation, a dramatic tale of two markets. While large-cap ...; Desk 2025.09.29

Women Face Higher Depression Risk from Soft Drink Consumption, Study Suggests Gut Microbiome Link: FRANKFURT, GERMANY — A new study from researchers at Frankfurt University Hospital in Germany suggests that consuming soft d ...; Ana Fernanda 2025.09.29

Church Attack in Michigan Leaves Two Dead, Multiple Injured: GRAND BLANC, Mich.—A horrific act of violence shattered a Sunday morning service in Michigan on September 28, 2025, as a gun ...; Yim Kwangsoo 2025.09.29

Hangang Bus Service Suspended for One Month Following Repeated Mechanical Failures: SEOUL — The Seoul Metropolitan Government has announced a full, month-long suspension of passenger services for the newly la ...; KO YONG-CHUL 2025.09.28

TRAGEDY STRIKES IN TAMIL NADU: 39 DEAD IN STAMPEDE AT ACTOR-POLITICIAN VIJAY'S RALLY: Katur, Tamil Nadu, India – A massive crowd surge at a political rally for renowned Indian actor-turned-politician Joseph Vij ...; Eugenio Rodolfo Sanabria 2025.09.28

Budget-Friendly Boom: China Emerges as Top Value Destination for South Korean Travelers: A significant shift is underway in South Korea's outbound travel market, with China rapidly emerging as a top-tier, budget-friendl ...; Kim Sungmoon 2025.09.28