Global Economic Times

2026.04.26 (Sun)
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GS25 and Musinsa Join Forces to Sell 'Musinsa Standard' Clothing at Convenience Stores: GS25, a major convenience store chain in South Korea, has announced a strategic partnership with Musinsa, the country's leading on ...; Hwang Sujin Reporter 2025.02.12

National Human Rights Commission of Korea under fire for defending martial law and pro-rebellion forces: The National Human Rights Commission of Korea (NHRCK) is facing mounting criticism for its recent actions that appear to be underm ...; KO YONG-CHUL Reporter 2025.02.12

South Korea's AI Crossroads: Player or Consumer?: The rise of artificial intelligence (AI) is no longer a futuristic fantasy but a present reality, with its influence permeating ev ...; KO YONG-CHUL Reporter 2025.02.12

South Korea Sees Resurgence of 'Recession-Style Consumption' Amidst High Inflation: SEOUL – As high inflation and prolonged economic stagnation grip South Korea, a trend of "recession-style consumption" is ta ...; Global Economic Times Reporter 2025.02.12

Trump's Tariff Threat Rattles Korean Industry: Following President Trump's announcement of a 25% tariff on steel and aluminum products, the possibility of additional tariffs on ...; Desk 2025.02.12

Korean Securities Gain Momentum Amidst Value-Up Plan and Dividend Expectations: Securities stocks in Korea are gaining momentum. Following the recent earnings announcements where several brokerage firms reporte ...; Global Economic Times Reporter 2025.02.12

Extended Retirement Age and Re-employment: A Hotly Debated Issue: Controversy over extending the retirement age is escalating as the government plans to raise the age for receiving national pensio ...; KO YONG-CHUL Reporter 2025.02.12

South Korean Listed Companies Ramp Up Share Buybacks and Cancellations in 2024: SEOUL – South Korean listed companies have significantly increased their share buyback and cancellation activities in 2024, ...; Global Economic Times Reporter 2025.02.12

Over Half of Businesses Reject Refund Settlement in 'T-Mep' Incident, Leading to Lawsuit: SEOUL – The 'T-Mep' incident, involving TMON and WeMakePrice (collectively known as T-Mep) and causing a massive delay in re ...; Hwang Sujin Reporter 2025.02.12

Bitcoin's Identity Crisis: Digital Gold or Risky Asset?: Bitcoin has been trading sideways around the $100,000 mark for the past three months, sparking a debate about its true nature as a ...; ONLINE TEAM 2025.02.12

Tesla's Bold Bet in China: A New Megafactory Amidst Trade Tensions: Tesla has officially launched its first overseas Megafactory in Shanghai, China, marking a significant milestone in the company's ...; Sharon Yoon Correspondent 2025.02.12

South Korean Companies Block Access to Chinese AI DeepSeek Amid Security Concerns: Major South Korean companies, including platform giants like Naver and Kakao, as well as telecommunication companies and banks, ar ...; Desk 2025.02.12

OpenAI CEO Sam Altman Addresses AI Overinvestment Concerns, Highlights Rapid Progress Towards AGI: SEOUL – Sam Altman, CEO of OpenAI, has weighed in on the recent debate surrounding AI overinvestment and the pursuit of low- ...; KO YONG-CHUL Reporter 2025.02.12

Can Instagram's 'Teen Account' Really Protect Teens?: Instagram CEO Adam Mosseri stated on the 11th, "The core of teen accounts is to automatically protect teenagers and allow parents ...; Global Economic Times Reporter 2025.02.12

Senior Citizens and Those with Pre-existing Conditions to Gain Access to Health Insurance: Seoul, South Korea – Starting this April, elderly individuals aged 90 and above, as well as those with pre-existing health c ...; KO YONG-CHUL Reporter 2025.02.12

South Korea's Mint Halts Gold Bar Sales Amidst Soaring Demand and Global Trade Tensions: SEOUL – The Korea Minting and Security Printing Corporation (KOMSCO) has announced a temporary suspension of gold bar sales, ...; KO YONG-CHUL Reporter 2025.02.12

The Fate of the Penny: A Heated Debate in the United States: The humble penny, once a symbol of American commerce, is now at the center of a heated debate in the United States. The rising cos ...; PETER KO 2025.02.12

Woo Sang-hyeok wins gold at season opener: Hustopece, Czech Republic – South Korean high jumper Woo Sang-hyeok won gold at the 2025 World Athletics Indoor Tour meet in ...; PETER KO 2025.02.11

Yelimi Noh Triumphs at LPGA Founders Cup, Overcoming Ko Jin-young: In a stunning victory, Korean-American golfer Yelimi Noh, also known as Yealimi Noh, clinched her first LPGA Tour win at the Found ...; Yim Kwangsoo Correspondent 2025.02.11

Short Track Empress Choi Min-jeong Rates Her Comeback a Solid 85: "Right now, I'd give my performance an 85," says Choi Min-jeong (27, Seongnam City Hall), the returning "Empress of Short Track." ...; KO YONG-CHUL Reporter 2025.02.11