Global Economic Times

2026.04.26 (Sun)
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Foreign Investors Dump Korean Bonds Amid Political Turmoil: Seoul, South Korea – Foreign investors have been offloading Korean government bonds since the declaration of a state of emer ...; Desk 2025.01.05

South Korea’s National Pension Service Faces Backlash Over Foreign Exchange Hedging: Seoul, South Korea - Amid growing concerns over a continued surge in the won-dollar exchange rate, the National Pension Service (N ...; HONG MOON HWA Senior Reporter 2025.01.05

Medical School Applications Soar in South Korea: Seoul, South Korea – The number of applicants to medical schools in South Korea for the 2025 academic year has surged by nea ...; Desk 2025.01.05

South Korea Diversifies Semiconductor Exports Amidst US-China Tech Rivalry: South Korea's reliance on China for semiconductor exports has diminished in recent years due to the escalating US-China tech rival ...; Global Economic Times Reporter 2025.01.05

South Korea's Growing Income Inequality Amidst Political Turmoil: Seoul, South Korea – South Korea is grappling with a widening income gap, as data from the National Statistical Office revea ...; Desk 2025.01.05

AI-Powered PCs Struggle to Gain Traction, but Manufacturers Push Ahead: Seoul, South Korea – Despite a surge in AI-powered personal computers (PCs) in 2024, these devices have yet to fully capture ...; Global Economic Times Reporter 2025.01.05

Soaring Insurance Policy Loans Amid Economic Hardship: Seoul, South Korea – The scale of insurance policy loans, where policyholders borrow against the cash value of their insuran ...; Hwang Sujin Reporter 2025.01.05

SK Energy Becomes First South Korean Refiner to Export Sustainable Aviation Fuel to Europe: Ulsan, South Korea – SK Energy, a leading South Korean refiner, has announced its successful export of Sustainable Aviation ...; JEONG CHAN MYEONG Senior Reporter 2025.01.05

K-Beauty Sunscreens Face Regulatory Hurdles in the US: The boom of Korean sunscreens in the US, once led by brands like Joseon Beauty, is facing a slowdown due to stricter US regulatory ...; Global Economic Times Reporter 2025.01.05

SRT to Open Lunar New Year Ticket Reservations on January 13: Seoul, South Korea – SR, the operator of the Suseo High Speed Railroad (SRT), announced today that ticket reservations for t ...; KO YONG-CHUL Reporter 2025.01.05

Kia Sets New Record with Highest Annual Sales: Seoul, South Korea – Kia Corporation has announced that it achieved its highest annual sales ever in 2024, surpassing the pr ...; Global Economic Times Reporter 2025.01.05

Nvidia Poised to Become the World's First $4 Trillion Company: Nvidia, often dubbed the "AI Emperor," is on track to become the world's first company to surpass a $4 trillion market capitalizat ...; Hwang Sujin Reporter 2025.01.05

South Korean Consumers Pay More for YouTube Premium: A recent investigation by the National Assembly Research Service has revealed that South Korean consumers are paying significantly ...; Global Economic Times Reporter 2025.01.05

LG Electronics Leads in AI Robot Patent Race: Seoul, South Korea – LG Electronics is emerging as a frontrunner in the rapidly growing artificial intelligence (AI) robot m ...; KO YONG-CHUL Reporter 2025.01.05

Entire Communities Mourn Jeju Air Crash Victims: Gwangju and Jeonnam in Deep Sorrow: Gwangju and Jeonnam, South Korea, are enveloped in a deep wave of grief following the devastating Jeju Air crash. With 157 of the ...; Global Economic Times Reporter 2025.01.05

Game Industry Workers in South Korea Face Overwhelming Workloads: Seoul, South Korea – South Korea's gaming industry, once a beacon of innovation, is facing a growing crisis as employees gra ...; Desk 2025.01.05

Fed's Daly Sees No Need for Rate Cuts, Cautions on Premature Celebrations: San Francisco, CA – Mary Daly, president of the Federal Reserve Bank of San Francisco, has expressed caution about further i ...; Sharon Yoon Correspondent 2025.01.05

South Korea Enacts Stronger Protections for Game Players: Seoul, South Korea – South Korea has taken significant steps to bolster the rights of online gamers, with the recent passage ...; Desk 2025.01.05

Grand Reception to Celebrate Korean American Day and Unveiling of Restored Turtle Ship: Los Angeles, CA – A grand reception is set to take place on January 13th at the Los Angeles Convention Center, hosted by May ...; Sharon Yoon Correspondent 2025.01.03

South Korea's Overseas Construction Orders Hit $1 Trillion Milestone: Seoul, South Korea – South Korea's construction industry has reached a significant milestone, surpassing $1 trillion in cumu ...; Global Economic Times Reporter 2025.01.03