Global Economic Times

2026.06.05 (Fri)
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Star Historian Choi Tae-sung and 2NE1’s Sandara Park Appointed as Honorary Ambassadors for the Overseas Koreans Agency (OKA): [SEOUL] The Overseas Koreans Agency (OKA) has announced the appointment of beloved history educator Choi Tae-sung and iconic K-pop ...; KO YONG-CHUL Reporter 2026.06.04

SKT Partners with NVIDIA to Bring Digital Twin Technology to SK Hynix Semiconductor Fabs: TAIPEI, Taiwan — In a major leap forward for the integration of physical artificial intelligence (AI) in advanced manufactur ...; Eugenio Rodolfo Sanabria Reporter 2026.06.03

South Korea’s Top Five Automakers Suffer Broad May Sales Decline Amid Weakening Domestic Demand and Global Headwinds: SEOUL — South Korea’s five major domestic automakers experienced a coordinated downturn in performance last month, rep ...; Hwang Sujin Reporter 2026.06.03

Chinese Humanoid Robotics Pioneer Unitree Clears Shanghai IPO Hurdle to Raise $580 Million: In a monumental milestone for the global robotics ecosystem, Unitree Robotics, one of China’s most prominent humanoid roboti ...; Global Economic Times Reporter 2026.06.03

Hyundai Motor Bets on ‘The New Grandeur’ to Jumpstart Sluggish Domestic Sales: SEOUL — Hyundai Motor Company is turning to its iconic flagship sedan, the Grandeur, to spearhead a rebound in its domestic ...; Yim Kwangsoo Correspondent 2026.06.03

'Clicking' and 'Popping' in Shoulders and Knees: When Should You Consult a Doctor?: It is an experience shared by millions: a sharp "pop" when standing up from a chair, or a distinct "click" when rotating the shoul ...; Hee Chan Kim Reporter 2026.06.03

Macrogen Completes Songdo Global Genome Center, Launching a Global Hub for AI-Driven Precision Medicine: SONGDO, South Korea — Macrogen, a leading global genomic analysis corporation, officially announced on Wednesday the grand o ...; Global Economic Times Reporter 2026.06.03

KEPCO Secures 2.1 Trillion Won Jafurah Phase 2 Project in Saudi Arabia, Boosting Middle East Expansion: SEOUL — Korea Electric Power Corporation (KEPCO) has successfully secured a major contract for the Phase 2 Jafurah cogenerat ...; KO YONG-CHUL Reporter 2026.06.03

President Lee Assures 'Zero Tolerance' for Corruption, Outlining Vision for South Korea as an 'Irreplaceable Global Leader': SEOUL — President Lee Jae-myung declared on Wednesday a stern, uncompromising stance against corruption and illegal financia ...; Desk 2026.06.03

Premature 'Victory Celebration' on City Hall Display Sparks Outrage and Allegations of Election Interference in Taebaek: TAEBAEK, South Korea — A major political scandal has erupted in the city of Taebaek, Gangwon State, after an electronic bill ...; Hwang Sujin Reporter 2026.06.03

South Korea’s 9th Local Elections See Surge in Voter Turnout, Eyeing Historic Highs: SEOUL — Voter turnout for South Korea’s 9th nationwide simultaneous local elections and parliamentary by-elections has ...; KO YONG-CHUL Reporter 2026.06.03

40s Emerge as Dominant Force in Tech Leverage ETFs: Investing 3.3 Trillion Won for Double Returns: A profound shift is occurring within the South Korean equity market as investors in their 40s emerge as the primary driver of sing ...; Global Economic Times Reporter 2026.06.03

SAMSUNG D AND LGD CLASH IN TAIWAN: THE BATTLE FOR NEXT-GEN GAMING OLED DOMINANCE: TAIPEI — South Korea’s leading display giants, Samsung Display and LG Display, are locked in a fierce technological ba ...; Eugenio Rodolfo Sanabria Reporter 2026.06.01

Online Automotive Trading Surges 155% in South Korea as Tesla Deliveries Accelerate E-Commerce Shift: SEOUL — South Korea's e-commerce market has achieved an unprecedented milestone, expanding its reach deep into heavy industr ...; Kim Sungmoon Reporter 2026.06.01

Battle for Semiconductor and AI Talent Intensifies: 360 Global Corporations Converge in Seoul: SEOUL — The landscape of the youth employment market is rapidly shifting its horizon toward multinational corporations and f ...; Desk 2026.06.01

Lee Jae-yong Attends Hoam Prize for 5th Straight Year, Upholding Samsung’s ‘Talent First’ Philosophy: SEOUL — Lee Jae-yong, Executive Chairman of Samsung Electronics, attended the 36th annual Samsung Hoam Prize ceremony today, ...; KO YONG-CHUL Reporter 2026.06.01

Surging Memory Prices Weigh Heavily on Samsung and LG Electronics' Production Costs: The relentless surge in memory semiconductor pricing has dealt a severe blow to the manufacturing margins of South Korea’s l ...; Global Economic Times Reporter 2026.06.01

Kakao Union to Launch Partial Strike on June 10, Demanding End to Restructuring: The Kakao branch of the Korean Chemical, Textile, and Food Workers' Union (Kakao Union) announced on June 1 that it will embark on ...; Global Economic Times Reporter 2026.06.01

Kospi Rallies on Samsung and SK Hynix: "10,000 Points is Just the Baseline": AI Infrastructure Boom Propels South Korean Stock Market Toward Historic HeightsAs the Kospi continues its relentless upward march ...; Global Economic Times Reporter 2026.06.01

Middle East with 'Oil Money' Emerges as the New Battleground for K-Beauty: The South Korean cosmetics industry is entering a new era of leap forward, establishing an unprecedented milestone in the global m ...; HONG MOON HWA Senior Reporter 2026.06.01

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