Global Economic Times

2026.06.05 (Fri)
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Unlicensed Drunk Driver Sentenced to 18 Months in Prison After Stealing Younger Brother’s ID: A man in his 30s who used his brother’s resident registration number to evade punishment after a habitual drunk driving acci ...; Global Economic Times Reporter 2026.05.24

Bottom End of Fixed Mortgage Rates Tops 5%… Homeowners Groan Under Heavy Interest Burden: The lower limit (bottom end) of fixed-rate mortgage loans at major commercial banks has breached the 5% annual threshold, pushing ...; Hwang Sujin Reporter 2026.05.24

The Onslaught of 'AI Disinformation' Scarier Than Hacking… Human Response Pushed to Its Limits: With the exponential advancement of artificial intelligence (AI) technology, highly sophisticated deepfakes and fabricated informa ...; KO YONG-CHUL Reporter 2026.05.24

Government Allows Private Practitioners to Work at Public Health Centers to Resolve Medical Vacuum Caused by Shrinking Number of Public Health Doctors: The South Korean government has implemented a bold regulatory easing measure to fill the growing medical vacuum in rural and medic ...; Min Gyu Mi Reporter 2026.05.24

'Sold Out in One Day' National Growth Fund Sparks Frenzy… Authorities Consider Additional Sales in H2 as Ordinary Citizens Rush In: 87% of the total limit exhausted on day one; low-to-middle income subscribers account for nearly 40% of bank sales. 'Government lo ...; Desk 2026.05.24

K-Semiconductor Shackled by Tens of Trillions in Bonuses, Facing Crisis of Extinction Amid 'Hundred-Trillion' Expansion by Micron and TSMC: The South Korean semiconductor industry, the backbone of the nation's economy, has run into an unprecedented storm of internal and ...; Kim Sungmoon Reporter 2026.05.24

Secrets of the 13m Underground Revealed: Seoul Plaza’s 335-Meter Hidden Tunnel Reborn as a 'K-Content Platform' After 40 Years: A massive underground space that has remained hidden 13 meters beneath the heart of Seoul Plaza for 40 years will finally unveil i ...; Hwang Sujin Reporter 2026.05.24

US and Iran Near Dramatic Breakthrough on '60-Day Truce Extension and Opening of Strait of Hormuz'… A Watershed for Middle East Peace: Military tensions between the United States and Iran, which had pushed the Middle East to the brink of catastrophe, are seeing a d ...; KO YONG-CHUL Reporter 2026.05.24

The Danger of a 36-Trillion-Won 'Debt-Driven Investment' Era… Will a 7-Trillion-Won Concentration in Samsung and Hynix Trigger a Market Crash?: The scale of leveraged stock investments, commonly known as "Bit-too" (debt-driven investment), has surpassed 36 trillion won in t ...; Global Economic Times Reporter 2026.05.24

"Countdown to Renewed Strikes on Iran?" At Least 50 U.S. Aerial Refueling Tankers Massed at Israeli Airport: TEL AVIV — Growing concerns are mounting over a potential resumption of airstrikes against Iran, following reports that doze ...; Yim Kwangsoo Correspondent 2026.05.23

Musk’s SpaceX Secures Space Hegemony with Flawless Starship V3 Recovery Ahead of Historic IPO: BOCA CHICA, Texas — SpaceX, the pioneering aerospace manufacturer led by billionaire entrepreneur Elon Musk, has achieved a ...; Pedro Espinola Special Correspondent 2026.05.23

Tech Giants Naver and Kakao Embrace 'Multi-AI' Strategy to Supercharge Productivity: SEOUL — South Korea’s leading platform conglomerates, Naver and Kakao, are aggressively deploying a "Multi-AI" strateg ...; KO YONG-CHUL Reporter 2026.05.23

"Sold Out in Just 10 Minutes via App"... 'National Participation Growth Fund' Sparks Unprecedented "Open Run": A state-backed investment vehicle has triggered an extraordinary frenzy in the South Korean financial market. The newly launched " ...; Global Economic Times Reporter 2026.05.23

Oil Prices Finally Edge Down: Gasoline at 2,011 Won, Diesel at 2,005 Won: SEOUL — Following nearly two months of a relentless upward rally that has severely strained the pockets of Korean drivers, d ...; Kim Sungmoon Reporter 2026.05.23

U.S. Holds Off on Immediate Comprehensive Semiconductor Tariffs, but Pressure Mounts for Samsung and SK Hynix to Accelerate Domestic Investments: WASHINGTON D.C. / SEOUL — In a move that offers temporary breathing room while simultaneously intensifying long-term strateg ...; Global Economic Times Reporter 2026.05.23

Dow Hits Fresh Record High as Geopolitical Optimism Defies Tech-Sector Mixed Bag: NEW YORK — Wall Street demonstrated robust resilience on Friday, propelled by a wave of geopolitical optimism and a string o ...; Eugenio Rodolfo Sanabria Reporter 2026.05.23

"Miss Out and Regret It Forever?" Ant Investors Agonize Over ‘Debt-Fueled’ Bets as Samsung Electronics and SK Hynix Target Prices Skyrocket: Money is deeply intertwined with our lives. While it is merely a convenient tool and a medium of exchange, it makes many people we ...; Hwang Sujin Reporter 2026.05.23

KRW/USD Exchange Rate Threatens 1,520 Won Mark: "No Signs of Coming Down": The South Korean won continues its downward spiral against the greenback, with the KRW/USD exchange rate comfortably sitting in th ...; Desk 2026.05.23

Allegations of Rape and Torture of Gaza Activists Spark International Outrage; Israel Denies Claims: International outrage is intensifying following harrowing allegations from foreign aid activists who claim they were subjected to ...; Ana Fernanda Reporter 2026.05.23

‘600 Million Won Bonus’ at Samsung Electronics Triggers Deep Sense of Relative Deprivation Among Korean Workers: Unprecedented Payouts: Samsung Electronics' Memory Division employees expect a massive 600-million-won performance bonus.National ...; Global Economic Times Reporter 2026.05.23

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