Global Economic Times

2026.04.21 (Tue)
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Pope Leo XIV Congratulates Daejeon’s Sungsimdang Bakery on 70th Anniversary: (C) CAFOD DAEJEON — Pope Leo XIV has extended his heartfelt congratulations to Sungsimdang, a historic bakery based in Daej ...; HONG MOON HWA Senior Reporter 2026.01.02

Indonesia Implements Controversial Penal Code: Prison for Insulting President and Extramarital Sex: (C) FULCRUM JAKARTA – A sweeping and contentious revision of Indonesia’s criminal code officially takes effect today, ...; Eugenio Rodolfo Sanabria Reporter 2026.01.02

Basic Pension Eligibility Threshold Raised to 2.47 Million Won for Single Senior Households: (C) BORGEN Magazine SEOUL – The Ministry of Health and Welfare announced on January 1, 2026, that the income eligibility th ...; Kim Sungmoon Reporter 2026.01.02

S. Korea to Showcase Largest-Ever Unified Pavilion at CES 2026, Deploying ‘One-Team’ Export Strategy: CES 2026: The World's Largest Stage for Innovation (C) Eidetic Marketing LAS VEGAS — South Korea is set to make its most si ...; Sharon Yoon Correspondent 2026.01.02

Bain Capital to Acquire Andar Parent Echo Marketing, Launching Tender Offer for Delisting: SEOUL — Bain Capital, a leading global private equity firm, is set to acquire Echo Marketing, a KOSDAQ-listed digital market ...; Global Economic Times Reporter 2026.01.02

Musinsa Issues ₩50,000 Coupon Pack to All Users, Eyes Rival Coupang’s Recent Missteps: (C) Musinsa SEOUL — Fashion e-commerce giant Musinsa has announced a large-scale promotional event, providing a ₩50,000 cou ...; Hwang Sujin Reporter 2026.01.02

OpenAI Sets New Record with $1.5 Million Stock Compensation Per Employee: (C) NewsBytes SAN FRANCISCO – OpenAI, the creator of ChatGPT, has set a new benchmark in Silicon Valley by granting its emp ...; Eunsil Ju Reporter 2026.01.02

New Year’s Day Explosion at Swiss Ski Resort Leaves at Least 40 Dead: (C) Liverpool Echo CRANS-MONTANA, Switzerland – A devastating explosion and subsequent fire tore through a crowded bar in t ...; Global Economic Times Reporter 2026.01.02

Samsung to Freeze Galaxy S26 Prices Despite Surging Production Costs: SEOUL — Samsung Electronics has reportedly decided to freeze the launch prices of its upcoming flagship smartphone series, t ...; KO YONG-CHUL Reporter 2026.01.02

Park Sung-hyuk, Former Cheil Worldwide VP, Appointed as CEO of Korea Tourism Organization: (C) The Ministry of Culture, Sports and Tourism SEOUL – The Ministry of Culture, Sports and Tourism announced on Wednesday ...; Global Economic Times Reporter 2026.01.01

PyeongChang Silver Medalist Kim Bo-reum Announces Retirement: "I Want to Be Remembered as an Athlete Who Never Gave Up": (C) News.com.au SEOUL – Kim Bo-reum (32, Gangwon Provincial Office), the long-standing face of South Korean long-track spee ...; Hwang Sujin Reporter 2026.01.01

K-Defense Quartet Set for "Quantum Leap": Annual Sales to Hit 50 Trillion Won in 2026: (C) Hanwha SEOUL – South Korea’s defense industry is preparing for another historic milestone. Following a year of un ...; KO YONG-CHUL Reporter 2026.01.01

Coupang’s Dominance Drives Food Giants into a Corner: The High Price of "Rocket Delivery": SEOUL — In the rapidly evolving landscape of South Korea’s e-commerce market, Coupang has cemented its status as an un ...; Global Economic Times Reporter 2026.01.01

Bando Construction Secures Gadeokdo New Airport Construction Authority for 'Ivy Planet' in Busan Eco Delta City: (C) Gadeokdo New Airport Construction Authority BUSAN — In a landmark move for the regional economy, Bando Construction h ...; Hee Chan Kim Reporter 2026.01.01

Toward the Era of $1 Trillion in Exports: South Korea Hits the $700 Billion Milestone: (C) The Investor PYEONGTAEK, South Korea — South Korea has officially entered the elite ranks of the world’s top expo ...; KO YONG-CHUL Reporter 2026.01.01

TSMC Officially Enters Mass Production for Cutting-Edge 2nm Chips: (C) Mathrubhumi HSINCHU, Taiwan – TSMC, the world’s leading semiconductor foundry, officially announced on December 3 ...; Ana Fernanda Reporter 2026.01.01

"Black Spots Swarming on Eyelashes": 50-Year-Old Man Contracts Parasites After Sexual Contact: (C) Healthline A recent case report has highlighted a rare and unsettling medical condition where a man in his 50s discovered a ...; KIM YOUNG MIN Specialized Reporter 2026.01.01

ROK Defense Ministry Unveils "Semi-Fourth Branch" Plan: Marine Corps Commandant to be Promoted to Four-Star General: (C) Arirang TV SEOUL – In a landmark move to bolster the independence and operational capability of the Republic of Korea M ...; KO YONG-CHUL Reporter 2026.01.01

From Craft Brews to Modern Traditions: The Bold Vision of Seoul Brewery: (C) WanderBoat AI SEOUL – What defines the city of Seoul? For some, it is the epicenter of K-culture; for others, it is a ...; Kim Sungmoon Reporter 2026.01.01

Chung Myung-whun and KBS Symphony Orchestra Deliver a Message of Humanity in the Heart of Seoul: (C) Bachtrack SEOUL — As the year 2025 drew to a close, a familiar yet profoundly moving masterpiece resonated through the ...; KO YONG-CHUL Reporter 2026.01.01