Global Economic Times

2026.07.20 (Mon)
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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, bu ...; KO YONG-CHUL Reporter 2026.07.18

AI Drones Take to the Skies in Revolutionary Hunt for Mosquitoes: In a major technological breakthrough that could reshape global pest control, French startup Tornyol has unveiled an innovative au ...; Eugenio Rodolfo Sanabria Reporter 2026.07.18

The Gopher Miracle: How a 24-Hour Experiment Transformed a Volcanic Wasteland into a Lush Forest: The 1980 eruption of Mount St. Helens remains one of the most destructive natural disasters in United States history. In a matter ...; Yim Kwangsoo Correspondent 2026.07.18

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 Kore ...; Kim Young Min Reporter 2026.07.18

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 th ...; Desk 2026.07.18

TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion: TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has delivered another ...; Ana Fernanda Reporter 2026.07.18

FSC Slams Young Poong with Record $14.7 Million Fine Over Deliberate Accounting Fraud: SEOUL — South Korea’s financial regulator has handed down a record-breaking 20.47 billion won (approximately $14.7 mil ...; Hwang Sujin Reporter 2026.07.18

Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting: SEOUL — Zeekr, the premium electric vehicle (EV) brand under China's Geely Holding Group, has marked its fifth anniversary w ...; Kim Sungmoon Reporter 2026.07.18

Uber Secures $14 Billion Deal to Acquire Delivery Hero; Vows Continued Strategic Investment in South Korea’s Baemin: SEOUL — In a monumental move set to redefine the global quick-commerce and food delivery sectors, Uber Technologies Inc. has ...; Desk 2026.07.18

Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide: SEOUL — Kyochon F&B, the operator of South Korea's pioneer fried chicken franchise Kyochon Chicken, is rapidly expanding ...; Global Economic Times Reporter 2026.07.18

Seoul Restructures Welfare Paradigm with Tiered Basic Pension and Bold Blueprint for Global Bio-Pharma Leadership: SEOUL — The South Korean government has announced a sweeping structural overhaul of its basic pension framework, transitioni ...; KO YONG-CHUL Reporter 2026.07.18

Mexican Cinema Legend Elsa Aguirre Passes Away at 96: MEXICO CITY — Elsa Aguirre, one of the most iconic actresses from the Golden Age of Mexican Cinema (Época de Oro), pa ...; Eugenio Rodolfo Sanabria Reporter 2026.07.16

BTS Partners with the British Museum to Illuminate Korean Heritage Through 'Arirang' Gallery Trail: In an unprecedented marriage of contemporary pop-culture phenomena and ancient historical preservation, global icon BTS has teamed ...; Desk 2026.07.16

Korean Independence Flag Raised at NYC's Waldorf Astoria Restored to Original Glory: SEOUL — A historic South Korean national flag (Taegeukgi), which bore witness to the fierce diplomatic struggle for independ ...; Global Economic Times Reporter 2026.07.16

Messi’s Late Magic Propels Argentina to World Cup Final with Dramatic 2-1 Comeback Over England: ATLANTA — In a thrilling semifinal clash that will go down in World Cup history, Lionel Messi once again proved why he is co ...; Yim Kwangsoo Correspondent 2026.07.16

Google Taps LG Energy Solution for Mega-Scale AI Data Center Power Project in North America: SEOUL — In a major validation of its localized production strategy, LG Energy Solution (LGES) has clinched a massive contrac ...; KO YONG-CHUL Reporter 2026.07.16

Google Unveils ‘Full-Stack AI’ Strategy to Accelerate AI Transformation for South Korean Enterprises: SEOUL — Google has officially unveiled its comprehensive "Full-Stack AI Strategy" customized to support and fast-track the a ...; Kim Young Min Reporter 2026.07.16

FRAUD AT THE GATES: PROSECUTORS TAKE ON ILLEGAL APARTMENT SUBSCRIPTIONS IN DONGTAN 2 NEW TOWN: SEOUL — Four individuals who illicitly secured highly coveted apartment subscriptions in Gyeonggi Province's Dongtan 2 New T ...; Kim Sungmoon Reporter 2026.07.16

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations: SEJONG — South Korea’s minimum wage for 2027 has been officially finalized at 10,700 KRW (approximately $7.80 USD) per ...; Desk 2026.07.16

President Lee Advocates Swift Debt Forgiveness, Dismissing "Moral Hazard" Concerns as "Irresponsible Demagoguery": SEOUL — In a sweeping policy directive, President Lee Myung-yeo urged financial authorities to implement swift and aggressiv ...; Hwang Sujin Reporter 2026.07.16

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