Global Economic Times

2026.04.21 (Tue)
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China Dominates "Matter" Smart Home Standards with 40% Share, Raising Alarms for Korean Competitors: SEOUL — A stark divide has emerged in the global smart home market as Chinese home appliance manufacturers rapidly consolida ...; Global Economic Times Reporter 2026.03.16

The Waves of Hormuz and South Korea’s Choice: We Must Not Be Swept Away by Irrational Militarism: The turmoil in the Middle East is plunging into pitch-black darkness. As the U.S. Central Command conducted precision strikes on I ...; KO YONG-CHUL Reporter 2026.03.15

Price Fixing in the Pork Industry: Nine Processors Fined 3.1 Billion Won for Colluding on Supply Prices to E-Mart: SEOUL – In a landmark move to curb unfair trade practices in the food industry, South Korea's antitrust watchdog has imposed ...; Global Economic Times Reporter 2026.03.15

Google Reinvents Maps: The 'Spatial AI' Revolution Powered by Gemini: MOUNTAIN VIEW — Google has officially declared a "reinvention of the map." By integrating its advanced artificial intelligen ...; Global Economic Times Reporter 2026.03.15

Flashpoint in the Gulf: U.S. HIMARS Fire Toward Iran from Bahraini Soil, Signalling Shift to All-Out War: MANAMA, Bahrain — The geopolitical landscape of the Middle East shifted violently this week as evidence emerged that U.S. fo ...; Pedro Espinola Special Correspondent 2026.03.15

U.S. Places $10 Million Bounty on Iran’s New Supreme Leader Mojtaba Khamenei: WASHINGTON D.C. — In a dramatic escalation of pressure on the Iranian regime, the Donald Trump administration announced on F ...; KO YONG-CHUL Reporter 2026.03.15

KRW Touches 1,500 Mark Amid Middle East Turmoil and Sticky U.S. Inflation: SEOUL – The South Korean won breached the psychologically significant 1,500 level against the U.S. dollar in overnight tradi ...; Kim Sungmoon Reporter 2026.03.15

The Red Line: Anthropic Blacklisted as U.S. Demands AI Subservience to Military Command: WASHINGTON D.C. — In a move that has sent shockwaves through Silicon Valley and the Pentagon alike, the Trump administration ...; KO YONG-CHUL Reporter 2026.03.15

Gas Prices See Double-Digit Drop on Second Day of Price Cap; Gap Between Gasoline and Diesel Narrows: SEOUL – South Korea's nationwide average fuel prices continued their sharp descent for the second consecutive day following ...; KIM YOUNG MIN Specialized Reporter 2026.03.15

Apple to Disrupt Foldable Market: First "Foldable iPhone" Expected This Fall with Beast-Level Specs: CUPERTINO – The long-awaited "Foldable iPhone" is finally moving from rumor to reality. As of March 2026, industry insiders ...; Graciela Maria Reporter 2026.03.15

Musk Blamed for Cybertruck FSD Failure: Tesla Faces $1 Million Lawsuit in Texas: HARRIS COUNTY, TX — Tesla and its CEO, Elon Musk, are facing a high-stakes legal battle as a new lawsuit seeking over $1 mil ...; Myung Sun Yim Correspondent 2026.03.15

Gov’t Weighs Delay of Mandatory Facial Recognition for Mobile Openings Amid Privacy and Technical Hurdles: SEOUL — The Ministry of Science and ICT (MSIT) is reportedly considering a postponement of the mandatory facial recognition ...; Yim Kwangsoo Correspondent 2026.03.15

U.S. Launches Massive Strike on Iran’s Kharg Island; Trump Spares Oil Infrastructure Amid High Tension: WASHINGTON D.C. / TEHRAN – In a dramatic escalation of Middle East hostilities, the United States military launched a large- ...; Eugenio Rodolfo Sanabria Reporter 2026.03.15

Iran’s ‘Swarm’ of Camouflaged Suicide Drones Sparks Terror in Strait of Hormuz: MANAMA, Bahrain — The Strait of Hormuz, the world’s most vital artery for crude oil, has become the frontline of a sop ...; Ana Fernanda Reporter 2026.03.15

Hyundai Halts Sales of "The All-New Palisade" Following Fatal Safety Incident in the U.S.: SEOUL — Hyundai Motor Company has officially suspended sales of certain trims of its flagship large SUV, "The All-New Palisa ...; Eunsil Ju Reporter 2026.03.15

Seoul Turns Purple: Retail and Tech Giants Gear Up for BTS’s Massive Gwanghwamun Comeback: SEOUL — With global pop icons BTS set to hold their highly anticipated comeback performance at Gwanghwamun Square on March 2 ...; Hwang Sujin Reporter 2026.03.15

MyMeta Set to Storm Seattle: AI Platform Gains Momentum After MSS 'Open Data X AI Challenge' Victory: SEOUL, South Korea – In a significant leap for South Korea’s artificial intelligence (AI) ecosystem, MyMeta, an emergi ...; Desk 2026.03.15

Meta Prepares for Mass Production of RGB MicroLEDs to Dominate AR/VR Market: SUNNYVALE, CA – Meta is accelerating its transition from prototyping to mass production of MicroLED displays, a move seen as ...; Global Economic Times Reporter 2026.03.15

Korea’s IT Service Giants Launch Major Hiring Blitz to Lead AI and Cloud Markets: SEOUL — South Korea’s top three IT service providers—Samsung SDS, LG CNS, and Hyundai AutoEver—have commen ...; Desk 2026.03.15

Fichee Chambalaalla and Korea’s Lunar New Year: Under the Same Moon: (C) Dessie Dalkie Dukamo, Ambassador Extraordinary and Plenipotentiary, the Federal Democratic Republic of Ethiopia to the Republi ...; HONG MOON HWA Senior Reporter 2026.03.14