Global Economic Times

2026.04.26 (Sun)
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Financial Authorities Launch Joint Task Force to Combat New Money Laundering Techniques, Conduct Full Investigation of Saemaul Geumgo: Financial authorities are establishing a joint task force (TF) with the financial sector to proactively address emerging money lau ...; Hwang Sujin Reporter 2025.03.05

Insurance Fraud Involving Agents on the Rise; Financial Authorities Vow Strong Response: Financial authorities are taking strong measures as the amount of insurance fraud involving insurance agents increased by nearly 2 ...; Hwang Sujin Reporter 2025.03.05

Financial Supervisory Service Urges Second-Tier Financial Institutions to Swiftly Resolve Non-Performing Assets and Ensure Stable Funding for Vulnerable Groups: The Financial Supervisory Service (FSS) has called on second-tier financial institutions to expedite the resolution of non-perform ...; Desk 2025.03.05

KRW/USD Exchange Rate Surpasses 1,460 Amidst Trump's Tariff Remarks, Limited by Risk-On Sentiment: The KRW/USD exchange rate surpassed 1,460 during trading on the 5th due to U.S. President Donald Trump's tariff remarks, but the u ...; KO YONG-CHUL Reporter 2025.03.05

MBK Partners Under Fire for Appointing Own Personnel as Auditor at Homeplus Amidst Management Failure: MBK Partners, a private equity firm, is facing criticism for appointing its own personnel as the auditor of Homeplus, further cons ...; ONLINE TEAM 2025.03.05

Taeyoung E&C Secures 76.6 Billion KRW Contract for Cheongju Multipurpose Indoor Gymnasium: Taeyoung E&C has announced its first contract win of the year, securing a 76.6 billion KRW project to construct the Cheongju M ...; Hwang Sujin Reporter 2025.03.05

GS E&C’s ‘BEYOND A.’ Magazine Wins Double at iF Design Award 2025: GS E&C’s Xi brand magazine, ‘BEYOND A.,’ has been honored with two Winner awards at the prestigious iF Desig ...; Desk 2025.03.05

South Korea Grapples with Escalating Vacant Housing Crisis: 8 Out of 100 Homes Empty: A recent report by the Construction Economy Research Institute of Korea reveals a deepening vacant housing crisis in South Korea. ...; ONLINE TEAM 2025.03.05

Seoul Pioneers 'Three-Dimensional Parks' to Combat Urban Green Space Scarcity: SEOUL, South Korea – In a groundbreaking initiative to address the growing scarcity of urban green spaces, the Seoul Metropo ...; KO YONG-CHUL Reporter 2025.03.05

KOSPI Rebounds on Hopes of Easing Trade Tensions: The Korea Composite Stock Price Index (KOSPI) rebounded on May 5, breaking a three-day losing streak, and climbed into the 2540 ra ...; Desk 2025.03.05

National Arts Centre Orchestra to Perform in Korea for the First Time in May, Featuring Pianist Yeol Eum Son: The National Arts Centre (NAC) Orchestra, renowned for its innovative performances, will hold its first-ever concert in Korea on M ...; Hwang Sujin Reporter 2025.03.04

'Food Addiction' in Children and Adolescents Threatens Mental Health Beyond Obesity: A study has revealed that children and adolescents addicted to 'food addiction,' who compulsively consume specific foods regardles ...; Eugenio Rodolfo Sanabria Reporter 2025.03.04

Global Obesity Crisis: 60% of Adults, 30% of Children Projected to be Overweight or Obese by 2050: A groundbreaking study led by Dr. Jessica Kerr of the Murdoch Children's Research Institute in Australia has revealed that by 2050 ...; Graciela Maria Reporter 2025.03.04

Korean Pharmaceutical and Biotech Companies Accelerate Development of Obesity Treatments: The Korean pharmaceutical and biotech industry is accelerating the development of new obesity treatments. Hanmi Pharmaceutical is ...; Eugenio Rodolfo Sanabria Reporter 2025.03.04

MSD Files for FDA Approval of Subcutaneous Keytruda, in Landmark Partnership with Alteogen: Pharmaceutical giant MSD has taken a significant step in advancing patient care by submitting a Biologics License Application (BLA ...; Ana Fernanda Reporter 2025.03.04

Korea Contribution Awards Organizing Committee Opens Call for Nominations for the 7th Korea Contribution Awards: The Korea Contribution Awards Organizing Committee (Co-Chairmen: Moon Joo-hyun, Chairman of MDM Group, and Lee Chi-soo, Chairman o ...; Global Economic Times Reporter 2025.03.04

Hanwha Life Opens AI Contact Center (AICC) to Enhance Customer Service: Hanwha Life has launched its Artificial Intelligence Contact Center (AICC), an AI-powered call center, to innovate customer servic ...; Hwang Sujin Reporter 2025.03.04

BNK Busan Bank Launches Upgraded 'REX II' Card with Enhanced Benefits: Busan, South Korea – March 4, 2025 – BNK Busan Bank has announced the launch of its new 'REX II' credit card, designed ...; Desk 2025.03.04

Young Adults' Past High Inflation Experiences Drive Increased Real Estate Demand: A recent study by the Bank of Korea (BOK) reveals that young adults' experiences with high inflation have significantly influenced ...; Yim Kwangsoo Correspondent 2025.03.04

It was called ‘Golden Squid’ and even the seeds were dried… Seeing how much squid costs is ‘beyond imagination’: Housewife Kim Ga-young, 40s, was recently shocked during a trip to the mart. The price of squid was higher than she thought. Kim l ...; Hwang Sujin Reporter 2025.03.04