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China's R&D Spending Eclipses South Korea's Entire Government Budget
China's total spending on research and development (R&D) in the past year reached a colossal 715.1 trillion South Korean won ( ...
Global Economic Times Reporter 2025.09.30

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Systemic Failures Blamed for Boxing Accident; KSOC Sanctions National Boxing Body
The Korean Sport & Olympic Committee (KSOC) has publicly disclosed the results of its investigation into a catastrophic accide ...
Global Economic Times Reporter 2025.09.30

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Trump Vows 100% Tariff on Foreign-Made Films
WASHINGTON—U.S. President Donald Trump announced on Monday that he would impose a 100% tariff on all movies produced outside ...
Global Economic Times Reporter 2025.09.30

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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 Reporter 2025.09.29

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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 Reporter 2025.09.29

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Korea's 'Memory Spring' Hides a Crisis: The Three-Year Semiconductor 'Golden Time'
South Korea's semiconductor industry is basking in a highly anticipated "Memory Spring," with prices for NAND flash and DRAM&mdash ...
Global Economic Times Reporter 2025.09.27

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Lula Seeks Rapprochement with Trump Amid Strained U.S.-Brazil Relations
NEW YORK – In a surprising turn of events, Brazilian President Luiz Inácio Lula da Silva is signaling a potential de- ...
Global Economic Times Reporter 2025.09.25

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Intel Seeks Investment From Former Rival Apple in Bid for Revival
NEW YORK – In a surprising turn of events, embattled semiconductor giant Intel has approached Apple for a potential investme ...
Global Economic Times Reporter 2025.09.25

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South Korean Department Stores Make Inroads into Japan Amid K-Wave Boom
TOKYO – In a strategic move to combat domestic stagnation and capitalize on the surging popularity of Korean culture, major ...
Global Economic Times Reporter 2025.09.25

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K-Beauty and K-Food Startups Meet Local Customers in San Francisco
The Consulate General of the Republic of Korea in San Francisco (Consul General Lim Jeong-taek) announced its support for K-beauty ...
Global Economic Times Reporter 2025.09.25

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Trump Faces Equipment Glitches at the UN
During his visit to the United Nations for the General Assembly, President Donald Trump experienced a series of frustrating techni ...
Global Economic Times Reporter 2025.09.24

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U.S. Stock Daytime Trading to Resume Sequentially from November After Year-Long Suspension
U.S. stock daytime trading services, which have been suspended for over a year, will resume sequentially starting in November. Fin ...
Global Economic Times Reporter 2025.09.24

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News of Lower Oil Prices: Paraguay's Gasoline Prices Drop in a Row
ASUNCIÓN — Fuel prices in Paraguay are falling one after another, buoyed by a recent decline in international oil pri ...
Global Economic Times Reporter 2025.09.23

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Tom Holland Suffers Minor Concussion on Set of Spider-Man Film
The lead actor of the Spider-Man series, Tom Holland, has caused concern among fans after suffering a minor concussion on the set ...
Global Economic Times Reporter 2025.09.23

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Fitch Maintains Uruguay's 'BBB' Rating; Economic Strengths and Risks Coexist
On September 22, 2025, Fitch maintained Uruguay's credit rating at 'BBB' with a 'stable' outlook. This means that Uruguay is class ...
Global Economic Times Reporter 2025.09.23

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Chilean Cherry Producers Accelerate Diversification Efforts to Reduce Reliance on Chinese Market
The Chilean cherry industry is gearing up for a new season, seeking to overcome the challenges of oversupply and difficult sales e ...
Global Economic Times Reporter 2025.09.23

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South Korean 'Yong Hyung-nim' Crime Ring, Based in Thailand, Busted for Romance Scams and 'No-Show' Fraud
SEOUL—Twenty-five members of the 'Yong Hyung-nim' (meaning 'Dragon Brother's Company') crime ring, a voice phishing organiza ...
Global Economic Times Reporter 2025.09.22

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S. Korea Aims to Leverage U.S. Visa Fee Hike for Talent Recruitment 
SEOUL — The South Korean Presidential Office has issued a directive to government ministries, urging them to capitalize on t ...
Global Economic Times Reporter 2025.09.22

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Seongbuk-gu’s Latin American Festival Concludes with Great Success
The 12th Latin American Festival, hosted by Seoul’s Seongbuk-gu, was a vibrant celebration of culture and community, conclud ...
Global Economic Times Reporter 2025.09.22

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U.S. H-1B Visa Fee Hike Threatens International Students and Tech Industry
WASHINGTON D.C. — The U.S. government has enacted a dramatic increase in the application fees for the H-1B specialty occupat ...
Global Economic Times Reporter 2025.09.21
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McDonald's 'Subtle Racism' Controversy: Korean American Denied Order After 70-Minute Wait
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A Chemical Revolution, the Era of Metal-Organic Frameworks (MOFs) Begins: 2025 Nobel Prize in Chemistry
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Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
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