Global Economic Times

2026.04.21 (Tue)
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Fire Breaks Out at SPC Samlip Factory in Siheung: Three Injured, Dozens Evacuated: SIHEUNG – A significant fire erupted on Tuesday afternoon at the SPC Samlip Sihwa Plant in Siheung, Gyeonggi Province, promp ...; Kim Sungmoon Reporter 2026.02.03

AI Boom Ignites Memory Super Cycle: DRAM and NAND Prices Set to Skyrocket: (C) The Korea Economic Daily SEOUL — The global semiconductor market is entering an unprecedented era of growth. Recent m ...; Yim Kwangsoo Correspondent 2026.02.03

Disney Shares Plunge Despite Earnings Beat as “Trump Effect” Clouds Outlook: (C) AllEars.net BURBANK, CA — The Walt Disney Company delivered a double-edged sword to Wall Street on Monday. While the ...; Graciela Maria Reporter 2026.02.03

U.S. Launches $12 Billion ‘Project Vault’ to Stockpile Critical Minerals and Break Dependence on China: (C) Financial Times WASHINGTON D.C. — In a strategic move to safeguard American manufacturing from global supply chain disr ...; Ana Fernanda Reporter 2026.02.03

Musk Announces SpaceX Acquisition of xAI: A $1.25 Trillion "Interstellar Engine": (C) WCCFTech HAWTHORNE, CA — Elon Musk, the visionary CEO of SpaceX and Tesla, has officially announced that SpaceX will ...; Eugenio Rodolfo Sanabria Reporter 2026.02.03

South Korea’s Inflation Hits 5-Month Low at 2.0% in January, but Grocery Costs Remain High: (C) CNBC SEJONG — South Korea’s consumer price inflation slowed to its lowest level in five months this January, dr ...; Hwang Sujin Reporter 2026.02.03

The Return of the King: Lee Soo-man to Relaunch K-Pop Career as Non-Compete Clause Expires: (C) Danmee SEOUL — The "Godfather of K-pop," Lee Soo-man, is officially ending his hiatus. Three years after his dramatic ...; Hwang Sujin Reporter 2026.02.03

Wall Street Rebounds on AI Optimism and Earnings; Gold and Silver Continue Sharp Decline: (C) Money Control NEW YORK — The New York stock market closed higher on Monday as robust demand for Artificial Intelligen ...; Global Economic Times Reporter 2026.02.03

Long-term Exposure to Cell Phone Radiation Shows No Link to Cancer, Joint Study Finds: (C) Scientific American DAEJEON, South Korea — In a landmark international study aimed at addressing long-standing public h ...; Desk 2026.02.03

Prosecutors Indict Pastor Jun Kwang-hoon for Inciting Violent Court Protest: (C) The Japan Times SEOUL – The Seoul Western District Prosecutors’ Office announced Tuesday that it has indicted J ...; KO YONG-CHUL Reporter 2026.02.03

JP Morgan Sets Bold 7,500 Target for KOSPI Amid "Firing on All Cylinders" Rally: (C) The Economist SEOUL — Global investment titan JP Morgan has sent shockwaves through the financial markets by aggressi ...; Hwang Sujin Reporter 2026.02.03

Chinese Pickled Cabbage Factory Fined $150,000 Over "Smoking and Spitting" Hygiene Scandal: A Chinese pickled cabbage factory that sparked international outrage after footage emerged of workers smoking and spitting into pr ...; KO YONG-CHUL Reporter 2026.02.02

EU Commissioner Urges Strengthening of 'Made in Europe' Strategy to Shield Core Industries: (C) European Union In a bold move to safeguard the European Union’s economic sovereignty, Stéphane Séjourn& ...; Global Economic Times Reporter 2026.02.02

France’s Economic Ebb: Per Capita GDP Falls Below EU Average for Third Consecutive Year: (C) The Daily Economy PARIS – Once considered the undisputed powerhouse of the European continent, France is facing a sober ...; Eugenio Rodolfo Sanabria Reporter 2026.02.02

Prosecutors Indict 52 Over 10 Trillion Won Price-Fixing Cartel: "Flour, Sugar, and Electricity Prices Rigged": SEOUL — In a massive crackdown on "livelihood crimes" that have devastated the household budgets of ordinary citizens, South ...; Hwang Sujin Reporter 2026.02.02

"Makgeolli Bath" in Oden Soup: Hygiene Scandal Rocks Taebaek Mountain Snow Festival: (C) Instagram TAEBAEK, Gangwon Province — The Taebaek Mountain Snow Festival, a premier winter celebration in South Korea ...; Hwang Sujin Reporter 2026.02.02

Man Arrested for Setting Massive Reed Field Fire in Changwon, Claiming He Was "Cold": (C) Changwon Fire Headquarters A massive fire that scorched a reed bed near the Susan Bridge in Changwon and forced hundreds of ...; Cho Kijo Reporter 2026.02.02

'120-Day Race' Begins: Preliminary Candidate Registration for June 3 Local Elections Opens Tomorrow: SEOUL — The starting gun for the June 3 nationwide local elections is set to fire tomorrow, February 3, as the registration ...; Desk 2026.02.02

Trump Amasses $375 Million War Chest Despite 22nd Amendment Barring Third Term: (C) Chicago Tribune WASHINGTON D.C. - As the United States enters the heat of the 2026 midterm election cycle, President Donald ...; Pedro Espinola Special Correspondent 2026.02.02

MCST Holds Inauguration Ceremony for the Republic of Korea National Team for the 2026 Milan Winter Paralympics: (C) Ministry of Culture, Sports and Tourism (MCST) The Ministry of Culture, Sports and Tourism (Minister Choi Hwi-young, hereina ...; KO YONG-CHUL Reporter 2026.02.02