Global Economic Times

2026.10.20 (Tue)
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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 mon ...; Global Economic Times Reporter 2026.07.24

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 ...; Global Economic Times Reporter 2026.07.24

Daejeon Confirmed to Host the 2029 Invictus Games… First in Asia: Daejeon, Republic of Korea, has been officially selected as the host city for the 2029 Invictus Games, an international adaptive s ...; HONG MOON HWA Senior Reporter 2026.07.21

Coupang’s ‘Chameleon Management’ Arbitrarily Switching Its Nationality: Coupang, an e-commerce giant used by 14 million South Korean citizens, is showing an unprecedented "two-faced" stance depending on ...; KO YONG-CHUL Reporter 2026.07.21

U.S. Moves to Sever Chinese Materials and Components from Defense Supply Chains: WASHINGTON — In a decisive move aimed at safeguarding national security and reinforcing military readiness, the Trump admini ...; Graciela Maria Reporter 2026.07.21

Saudi Arabia Launches Naval Protection Measures as Houthi Blockade Threat Escalates in Bab-el-Mandeb Strait: RIYADH / RED SEA — Saudi Arabia has officially announced comprehensive military and security measures to safeguard commercia ...; Eugenio Rodolfo Sanabria Reporter 2026.07.21

Google Developing Custom AI Chip Optimized for Gemini, to Be Produced Alongside Existing TPUs: MOUNTAIN VIEW — Google is actively developing a specialized artificial intelligence microchip designed specifically to power ...; Ana Fernanda Reporter 2026.07.21

OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months: NEW YORK / SEOUL — After a challenging period during which investor sentiment had visibly shifted toward rival Anthropic, Op ...; Global Economic Times Reporter 2026.07.21

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