Global Economic Times

2026.06.05 (Fri)
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FSS Slaps Lotte Card with 4.5-Month Suspension Over Massive Data Breach: SEOUL — The Financial Supervisory Service (FSS) has issued a preliminary notice of heavy sanctions against Lotte Card follow ...; KO YONG-CHUL Reporter 2026.04.09

Republican Party Faces "Total Crisis" as War and Inflation Cloud Midterm Outlook: (C) WGN NEW YORK — With the 2026 midterm elections fast approaching, the Republican Party is grappling with a profound se ...; Ana Fernanda Reporter 2026.04.09

High Oil Prices Spare No One: Diesel Surpasses 2,000 Won for the First Time in 44 Months: (C) Cedirates Despite a recent breakthrough in geopolitical tensions with a two-week ceasefire agreement between the United Sta ...; Global Economic Times Reporter 2026.04.09

KOSPI Surges Back to 5,870 Mark as U.S.-Iran Ceasefire Triggers Global Market Rally: SEOUL — South Korean financial markets experienced a dramatic rebound on Wednesday as investor sentiment shifted from fear t ...; KO YONG-CHUL Reporter 2026.04.08

K-Beauty Dominates U.S. Market, Poised for Third Consecutive Year as Top Importer: (C) Oregon Live SEOUL — Amid a challenging global economic climate and softening consumer spending, South Korea’s c ...; Min Gyu Mi Reporter 2026.04.08

South Korea Emerges as Global Aviation Fuel Sentinel Amid Middle East Turmoil: (C) Fleet Wire SEOUL — As the conflict in the Middle East sends shockwaves through global energy markets, a localized "je ...; Kim Sungmoon Reporter 2026.04.08

A Glass of Red for Youth? Moderate Wine Consumption May De-Age Men, But Not Women: (C) Medical.net In a discovery that adds a new layer to the long-standing debate over the health impacts of alcohol, a recent s ...; Yim Kwangsoo Correspondent 2026.04.08

British Schools Pilot AI Grading: Pursuit of Impartiality and Speed: (C) Assessment System YORKSHIRE DALES – In a move to redefine the landscape of academic assessment, schools in the United ...; Graciela Maria Reporter 2026.04.08

BYD Hits 10,000-Unit Milestone in South Korea Within One Year, Eyes Exclusive "10,000 Club" Entry: (C) BYD USA SEOUL — BYD Korea has achieved a historic milestone in the South Korean automotive landscape, surpassing 10,000 ...; Hwang Sujin Reporter 2026.04.08

Celltrion Targets $100 Billion Metabolic Disease Market with "Two-Track" Strategy for Diabetes and Obesity: (C) Pharmaceutical Executive INCHEON, South Korea — Celltrion is aggressively pivoting toward the global metabolic diseas ...; Desk 2026.04.08

OpenSurvey Targets Predictive Data Market with AI-Driven Solution Launch Next Month: (C) Growthstock Pulse SEOUL — OpenSurvey, a leading consumer data platform, is set to redefine the market research landsc ...; Eugenio Rodolfo Sanabria Reporter 2026.04.08

US and Iran Agree to 2-Week Truce; Hormuz Strait Reopens Amid Peace Breakthrough: (C) OneIndia ISLAMABAD — In a dramatic de-escalation that narrowly averted a catastrophic expansion of conflict, the Unit ...; Ana Fernanda Reporter 2026.04.08

China’s CXMT Closes the Gap: Aiming for Mass Production of 12-Layer HBM by 2025: SEOUL — The technological stronghold held by South Korean semiconductor giants is facing an unprecedented challenge as China ...; Pedro Espinola Special Correspondent 2026.04.08

Scenery of the Azalea and Cherry Blossom Festival held at Jindallae Dongsan in Wonmi-gu, Bucheon-si: KO YONG-CHUL Reporter 2026.04.07

Preview & Sourcing in DDP 2026: HONG MOON HWA Senior Reporter 2026.04.07

One-Body Society and Global Government: It has been exactly five weeks since the United States and Israel launched airstrikes against Iran on February 28. Despite the vol ...; Cho Kijo Reporter 2026.04.07

South Korea Gears Up for Rapid $19 Billion Extra Budget Push to Combat Middle East War Fallout: SEOUL — The South Korean government is moving at full throttle to deploy a massive 26.2 trillion won (approximately $19.3 bi ...; Hwang Sujin Reporter 2026.04.06

From PC Communication to Global Phenomenon: Nexon’s ‘Kingdom of the Winds’ Celebrates 30 Years of Online Gaming History: SEOUL — Nexon’s flagship title, The Kingdom of the Winds (Baram-ui Nara), has officially marked its 30th anniversary, ...; Global Economic Times Reporter 2026.04.06

K-Pharma "Big 4" Challenge Novartis' Dominance: Battle for the $60M Heart Failure Market Begins: SEOUL — A fierce competition is igniting in the domestic pharmaceutical industry as South Korea’s leading drugmakers&m ...; KO YONG-CHUL Reporter 2026.04.06

Samsung Electronics to Expand Galaxy S27 Series with New 'Pro' Model, Shifting to Four-Device Lineup: SEOUL — Samsung Electronics is set to overhaul its flagship smartphone strategy next year by adding a high-end "Pro" model t ...; Desk 2026.04.06