Global Economic Times

2026.04.21 (Tue)
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UNPEACEKOR Launches 4th Term: "Leading the Charge for Human Survival through SDGs with 7 Million Overseas Koreans": Global Economic Times Reporter 2026.04.09

South Korean Financial Groups Surpass ₩4,000 Trillion in Total Assets; Net Profit Hits ₩26.7 Trillion Amid Stock Market Rally: The combined total assets of South Korea’s major financial holding companies have officially crossed the ₩4,000 trillion mil ...; Hwang Sujin Reporter 2026.04.09

BRILS Establishes Michigan Subsidiary to Spearhead North American Robotics Supply Chain Expansion: (C) BigGo Finance GRAND RAPIDS, MI – In a strategic move to solidify its presence in the global automation market, BRILS, ...; Graciela Maria Reporter 2026.04.09

Celltrion’s ADC Candidate CT-P71 Granted FDA Fast Track Designation for Urothelial Carcinoma: INCHEON, South Korea — In a move that solidifies its transition from a biosimilar giant to an innovative drug developer, Cel ...; Eugenio Rodolfo Sanabria Reporter 2026.04.09

LG AI Research Unveils ‘EXAONE 4.5’: A New Multimodal Powerhouse Outperforming Global Tech Giants: SEOUL, April 9, 2026 — LG AI Research has officially announced the release of its latest multimodal artificial intelligence ...; Yim Kwangsoo Correspondent 2026.04.09

Daedong Ushers in the Era of 'Agricultural Field Robots' with Korea’s First AI Tractor: SEOUL — Daedong (Co-CEOs Kim Joon-shik and Won Yu-hyun) announced on April 9th the official launch of South Korea’s fi ...; KIM YOUNG MIN Specialized Reporter 2026.04.09

The End of ‘Panic Buying’: Financial Decoupling Freezes Korean Real Estate and Auction Markets: SEOUL – The era of "Young-kkeul"—a popular Korean term meaning "pulling every last soul" to secure a mortgage—ha ...; Desk 2026.04.09

Middle East Risks Expose Logistics Vulnerabilities: The Rising Imperative for South Korea’s Participation in IMEC: SEOUL — The recent blockade of the Strait of Hormuz, triggered by escalating Middle East conflicts, has sent shockwaves thro ...; Kim Sungmoon Reporter 2026.04.09

The Rise of "Elon Inc.": Speculation Swirls Over Potential Tesla-SpaceX Merger Following IPO: (C) Odee on Markets PALO ALTO — As Elon Musk’s aerospace giant, SpaceX, moves toward a historic initial public offe ...; Ana Fernanda Reporter 2026.04.09

Beyond Instant Noodles: South Korea Launches ‘Global NEXT K-Food Project’ to Cultivate the Next Export Giant: SEOUL – Following the unprecedented global success of "Ramyeon" (instant noodles), the South Korean government is setting it ...; Global Economic Times Reporter 2026.04.09

Tensions Resurface in Middle East, Sending KRW/USD Exchange Rate Rebounding Toward 1,480 Won: SEOUL — The South Korean won took a sharp turn for the worse on Thursday, erasing a portion of the previous day’s sign ...; Hwang Sujin Reporter 2026.04.09

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

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