Global Economic Times

2026.10.20 (Tue)
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Yemeni Government Forces and Houthi Clashes Intensify: Aden Airport and Major Saudi Cities Targeted: The military conflict between the Yemeni government forces and the Iran-aligned Houthi rebels has flared up once again. According ...; Graciela Maria Reporter 2026.10.08

Samsung Special Performance Bonuses to Be Paid in March-April Next Year Amid Ongoing Compensation and Bargaining Divides: Samsung Electronics has announced that the "special management performance bonus" for its semiconductor business will be paid betw ...; KO YONG-CHUL Reporter 2026.10.08

AMD CEO Lisa Su Meets with Samsung and SK Hynix Chiefs, Sparking HBM Partnership Hopes: Lisa Su, Chair and CEO of AMD, is holding consecutive high-profile meetings with Jeon Young-hyun, Vice Chairman of Samsung Electro ...; Eugenio Rodolfo Sanabria Reporter 2026.10.08

Henri Kagan and Kenso Soai Awarded the Nobel Prize in Chemistry: French Chemist Henri Kagan (96) and Japanese Chemist Kenso Soai (76) have been jointly awarded the 2026 Nobel Prize in Chemistry. ...; Ana Fernanda Reporter 2026.10.08

Government Unveils 1,000 Trillion Won "K-GX" Initiative to Drive Decarbonization and Green Tech: SEOUL — The South Korean government has announced a massive 1,000 trillion won ($700+ billion) funding and policy package th ...; Kim Young Min Reporter 2026.10.08

Gyeonggi Province to Host Intangible Heritage Festival in Gapyeong from Oct. 16–18: Performances, Exhibitions, and Hands-on Programs: Gyeonggi Province will host the 28th Gyeonggi Intangible Heritage Festival at the Gapyeong Culture and Arts Center from October 16 ...; Global Economic Times Reporter 2026.10.08

Government Crackdown on Illegal 'Proxy-Purchasing' of Alcohol and Tobacco Targeting Youth Amid Exploitative Demands: SEOUL — South Korean government agencies have launched a joint inter-agency task force to crack down on online illegal activ ...; Yim Kwangsoo Correspondent 2026.10.08

97% of Over-the-Counter Drug Stores Violate Regulations... "Strengthen Management Before Expanding Products": Amid ongoing discussions to expand the list of over-the-counter (OTC) drugs and increase the number of authorized retail stores, a ...; Desk 2026.10.08

Biopharmaceuticals Stand Alone in Growth Amid Bio-Health Export Decline: Despite a slight decrease in overall export value due to the base effect from high performance in the same period last year, South ...; Hwang Sujin Reporter 2026.10.08

Responsibility Gap: Pharmacies Face Criminal Penalties While Convenience Stores Get Fines Over Over-the-Counter Drugs: SEOUL — Amid ongoing discussions to expand the categories and sales outlets of safety non-prescription drugs (over-the-count ...; Desk 2026.10.08

Hanmi's "Epe" Challenges Wegovy and Mounjaro: A 3-Way Battle in the GLP-1 Obesity Drug Market: The South Korean GLP-1 obesity treatment market is bracing for a shake-up as Hanmi Pharmaceutical’s homegrown new drug, "Epe ...; KO YONG-CHUL Reporter 2026.10.08

"Spanish and Vietnamese Also Available": Pharmacies Break Down Language Barriers for Patient Medication Guidance: From publicly disclosing information about pharmacies capable of foreign-language consultations to directly communicating in forei ...; KO YONG-CHUL Reporter 2026.10.08

Unveiling the Reality of "Medicine Shopping": Who Is Non-Face-to-Face Treatment Really For?: SEOUL — Amid ongoing debates over expanding non-face-to-face (telehealth) medical services to enhance healthcare accessibili ...; Kim Sungmoon Reporter 2026.10.08

World Gyeongju Forum Aims to Become the "Davos of Culture": Gyeongju, South Korea — Gyeongsangbuk-do Province announced on the afternoon of the 7th that it held the "2026 World Gyeongj ...; KO YONG-CHUL Reporter 2026.10.08

Chungnam Fire Headquarters Achieves Over 90% Approval Rating in Personnel Administration Satisfaction for the First Time: CHUNGCHEONGNAM-DO — The Chungnam Fire Headquarters announced on the 7th that positive evaluations for its "personnel adminis ...; HONG MOON HWA Senior Reporter 2026.10.08

"Enjoy Performances and Exhibitions at the Naepo Cultural Trail, a National Forest Path!": Chungnam Province announced on the 7th that it will host the "2026 Naepo Cultural Trail Culture Day" event at Yeongrangsa Temple, ...; HONG MOON HWA Senior Reporter 2026.10.08

Chungnam Province Offers Up to 50% Interest Subsidy on Jeonse Loans for Young Adults: In an effort to ease the housing cost burden for young adults and help them secure stable living conditions, Chungnam Province ann ...; KO YONG-CHUL Reporter 2026.10.08

Chungnam Province Operates 'Youth Job Bus' at Yesan Job Fair for On-Site Employment Support: On October 7, the province operated the "Visiting Youth Job Bus" in conjunction with the "2026 Yesan-gun Job Fair" held at the Yes ...; HONG MOON HWA Senior Reporter 2026.10.08

Chungnam Province Deploys Pedal Misapplication Prevention Devices for Elderly Drivers: In a proactive effort to prevent sudden acceleration and dash accidents caused by pedal misapplications among elderly drivers, Chu ...; Hwang Sujin Reporter 2026.10.08

Deploying Drones to Inspect Sites and Support Administrative Tasks: CHUNGBUK / SOUTH CHUNGCHEONG — South Chungcheong Province is expanding the scope of public drone applications to promptly in ...; Kim Young Min Reporter 2026.10.08