Global Economic Times

2026.07.22 (Wed)
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U.S. Approves $4.2 Billion Arms Sale to South Korea, Including 42 Multi-Mission Helicopters and Apache Upgrades: WASHINGTON — The Trump administration has approved a massive military sale to South Korea, encompassing multi-mission mariti ...; Ana Fernanda Reporter 2026.05.19

President, Court Move to Check Looming Samsung Electronics Strike: SEOUL — South Korean President Lee Jae-myung and the judiciary have both moved to check a looming strike by Samsung Electron ...; Desk 2026.05.19

Korean Air to Slashing International Fuel Surcharges for June, Easing Burden on Long-Haul Travelers: SEOUL — International flight ticket prices to long-haul destinations, including the United States and Europe, are expected t ...; KO YONG-CHUL Reporter 2026.05.19

South Korea Toughens Liquidity Rules for Brokerages to Prevent Second 'Legoland Crisis': SEOUL — South Korean financial authorities are tightening their grip on the liquidity management of local brokerage firms. I ...; KO YONG-CHUL Reporter 2026.05.18

Dell and Nvidia Join Forces to Blueprint the Next Generation of ‘AI Factories’: LAS VEGAS — The global information technology landscape is shifting its gaze toward Las Vegas as Dell Technologies World (DT ...; Global Economic Times Reporter 2026.05.18

LG Electronics Overtakes Samsung to Secure Government Contract for Vulnerable Households' Air Conditioners: SEOUL — LG Electronics has successfully secured a major government contract to supply energy-efficient air conditioners to v ...; Hwang Sujin Reporter 2026.05.18

Domestic Mapping Giants Outpace Google in Q1 User Growth, Solidifying Local Dominance: SEOUL — May 18, 2026 | South Korea's leading domestic mapping applications have significantly widened their user base gap wi ...; Desk 2026.05.18

AI Set to Displace White-Collar Positions by 2035, National Employment Report Forecasts Massive Shift: SEOUL — The rapid proliferation of artificial intelligence (AI) and accelerated corporate digital transformations are poised ...; Global Economic Times Reporter 2026.05.18

IRANIAN STATE MEDIA DEMONSTRATES ASSAULT RIFLES ON-AIR, TARGETING UAE FLAG AMID RISING REGIONAL PRESSURES: TEHRAN — In an unprecedented and highly provocative escalation of state-media rhetoric, an Iranian state broadcaster has dem ...; Global Economic Times Reporter 2026.05.18

Beyond Payments: Naver, Kakao, and Toss Accelerate Transition to Comprehensive Financial Platforms: South Korea’s leading fintech trio—Naver Pay, Kakao Pay, and Viva Republica (Toss)—have delivered robust top-lin ...; KO YONG-CHUL Reporter 2026.05.18

Mercedes-Benz Korea Opens Pre-Orders for Flagship Luxury: The New S-Class and Maybach S-Class Prepare for Domestic Takeover: SEOUL, South Korea — Mercedes-Benz Korea officially initiated its domestic campaign for the pinnacle of automotive luxury to ...; Global Economic Times Reporter 2026.05.18

Man vs. Machine: Human Worker Edges Out Figure 03 Humanoid in Grueling 10-Hour Warehouse Showdown: Silicon Valley — In a highly anticipated demonstration of the rapidly evolving capabilities of artificial intelligence and r ...; Global Economic Times Reporter 2026.05.18

Targeting the $360 Billion Nuclear Decommissioning Market: South Korea Takes Lead in Establishing World-First International Standards: SEOUL — In a landmark shift that fundamentally alters the landscape of the global nuclear energy industry, South Korea has s ...; Global Economic Times Reporter 2026.05.18

The Essence of the Dec. 3 Martial Law: The Deception of 'National Security' and the Violation of the Constitutional Order for Private Interest: On the deep night of December 3, 2024, South Korea ground to a halt, facing an unprecedented shock. The anachronistic declaration ...; KO YONG-CHUL Reporter 2026.05.18

The Lessons of Kodak’s Bankruptcy: Past Glory and Disruptive Innovation: For many, a nostalgic yearning still lingers in a corner of their memories—those days of capturing precious moments with Kod ...; KO YONG-CHUL Reporter 2026.05.18

Nexon Cancels Three Projects in Major Restructuring, Pivots Focus to Global Hits: SEOUL – South Korean gaming giant Nexon has officially shuttered the development of three upcoming titles, marking a signifi ...; Kim Sungmoon Reporter 2026.05.15

AIDC Emerges as New Growth Engine for Telcos, Filling the Void Left by Stagnant Wireless Revenues: SEOUL — South Korea’s three major telecommunications giants—SK Telecom, KT, and LG Uplus—are undergoing a ...; Yim Kwangsoo Correspondent 2026.05.15

"Capital Gains Tax Lockdown": Seoul Apartment Prices Surge as Sellers Retract Listings: SEOUL — Concerns that stringent real estate tax regulations would trigger a supply crunch and ignite a fresh rally in housin ...; Hwang Sujin Reporter 2026.05.15

Hana Financial Group Injects $750 Million into Dunamu to Spearhead Digital Asset and Blockchain Revolution: SEOUL — Hana Financial Group, one of South Korea’s leading banking giants, announced a landmark strategic investment o ...; KO YONG-CHUL Reporter 2026.05.15

South Korea-U.S. Economic Alliance Strengthened via 'X' Diplomacy: President Lee and Secretary Bessent Affirm Strategic Partnership: SEOUL — In a modern display of "digital diplomacy," South Korean President Lee Jae-myung and U.S. Treasury Secretary Scott B ...; KO YONG-CHUL Reporter 2026.05.15