Global Economic Times

2026.04.26 (Sun)
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South Korean Ministry of Education Blocks Access to Chinese AI Service DeepSeek: Seoul - Following concerns over data privacy and security, South Korea's Ministry of Education has announced a ban on access to De ...; Global Economic Times Reporter 2025.02.07

First Exploration Drilling for 'Great Whale' Gas Field Deemed Unprofitable: Sejong, South Korea – The first exploration drilling for the 'Great Whale' gas field, which began on December 20th of last y ...; HONG MOON HWA Senior Reporter 2025.02.07

Korea REITs Association Calls for Exclusion of Public Rental Housing from Comprehensive Real Estate Tax: The Korea Real Estate Investment Trust (REITs) Association announced on the 5th that it has proposed to the government to exclude ...; Min Gyu Mi Reporter 2025.02.06

Korea's First Alternative Trading System to Launch Operations Next Month: Seoul – Korea's capital markets are set to undergo a major transformation with the launch of Nextrade, the country's first a ...; Desk 2025.02.06

Samyang Foods Achieves Record-Breaking Sales and Operating Profit in 2024: Samyang Foods [003230] announced on February 5th that its consolidated sales for 2024 are provisionally estimated at 1.73 trillion ...; Min Gyu Mi Reporter 2025.02.06

S. Korea Takes Measures in Response to China's Export Control of 5 Key Raw Materials: The South Korean government has taken measures to address the potential impact of China's recent export control of five key raw ma ...; Hwang Sujin Reporter 2025.02.06

Gold Transactions Surge Amidst Escalating Trade War Fears: Seoul, South Korea – The recent surge in gold trading in South Korea has reached unprecedented levels, with daily transactio ...; Hwang Sujin Reporter 2025.02.06

Financial Authorities Strengthen Disaster Recovery Measures Following Kakao's "Service Interruption" Incident: In response to the "service interruption" incident that occurred with Kakao [035720] two years ago due to a fire at the SK C&C ...; KO YONG-CHUL Reporter 2025.02.06

Sam Altman, CEO of OpenAI, Visits India and Expresses Willingness to Cooperate in Developing Low-Cost AI Systems: Sam Altman, CEO of OpenAI, visited India on the 5th (local time) after visiting Japan and South Korea to consolidate leadership in ...; Eugenio Rodolfo Sanabria Reporter 2025.02.06

U.S. Trade Deficit Hits Record High in 2024: The United States' trade deficit soared to a record high of $918.4 billion in 2024, as imports surged while exports struggled to k ...; Sharon Yoon Correspondent 2025.02.06

Uber's Q4 Revenue Beats Expectations, But Earnings Fall Short: SAN FRANCISCO – Uber Technologies Inc. released its fourth-quarter earnings on Tuesday, reporting revenue of $11.96 billion, ...; PETER KO 2025.02.06

Disney's Q1 2025 Earnings Exceed Expectations, But Streaming Subscriber Decline Impacts Stock: Los Angeles - The Walt Disney Company (DIS) reported its first-quarter fiscal year 2025 (October-December 2024) earnings on Tuesda ...; Sharon Yoon Correspondent 2025.02.06

Google Releases Gemini 2.0, Targeting Chinese AI Startup DeepSeek: Google has launched Gemini 2.0, its latest suite of AI models, making it available to all users. This move is seen as a direct cha ...; ONLINE TEAM 2025.02.06

South Korea Establishes Dedicated Department to Address International Environmental Regulations: Seoul – In response to the growing importance of international environmental regulations such as the EU's Carbon Border Adju ...; Yim Kwangsoo Correspondent 2025.02.06

South Korea: One in Five Listed Companies Classified as 'Marginal': According to a recent analysis by the Korea Economic Research Institute (KERI), one in five listed companies in South Korea are cl ...; Global Economic Times Reporter 2025.02.06

E-Mart Offers Discounts on Valentine's Day Chocolates and Lunar New Year Foods: E-Mart is holding special promotions for Valentine's Day and the Lunar New Year holiday, offering discounts on chocolates and trad ...; Desk 2025.02.06

Shinsegae Department Store to Hold '5-Mazing Card Festa': Shinsegae Department Store announced on the 6th that it will be holding the '5-Mazing Card Festa' from the 6th to the 16th in part ...; Min Gyu Mi Reporter 2025.02.06

Wall Street Rebounds on Trade War Optimism: NEW YORK, NY - U.S. stocks rallied on Tuesday, overcoming earlier losses triggered by Alphabet's lackluster earnings report. The D ...; Hannah Yeh Reporter 2025.02.06

Tesla's Shares Plummet Amidst Declining Sales and Market Share: New York, NY – Tesla Inc. saw its shares tumble by over 3% on Tuesday as reports emerged of significant declines in the elec ...; PETER KO 2025.02.06

South Korean Investors Flock to Overseas Stocks as Domestic Market Lags: SEOUL – South Korean investors are increasingly turning their attention to overseas stock markets, particularly in the Unite ...; KO YONG-CHUL Reporter 2025.02.06