Global Economic Times

2026.10.22 (Thu)
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Ramen Prices Surge, Cost of Living Alarms in Gangwon Province: A surge in ramen prices, now exceeding 1,000 won, coupled with a three-month consecutive rise in Gangwon Province's consumer price ...; Desk 2025.03.07

Daegu's Nam-gu District Pushes Forward with Apsan Monorail Project Amidst Opposition: Daegu's Nam-gu District Office has announced its intention to proceed with the Apsan Monorail installation project, which has been ...; Hee Chan Kim Reporter 2025.03.07

Mitsubishi UFJ Financial Group to Open New Branches After 20 Years: Tokyo, Japan - Mitsubishi UFJ Financial Group (MUFG), one of Japan's three megabanks, is set to open new branches in Tokyo and Osa ...; Eugenio Rodolfo Sanabria Reporter 2025.03.07

55 Fast Food Restaurants in South Korea Cited for Violating Food Sanitation Laws: SEOUL, South Korea – Fifty-five fast food restaurants across South Korea, known for selling popular items like tteokbokki (s ...; Hwang Sujin Reporter 2025.03.07

South Korea Launches Nationwide Crackdown on Drug Crimes, Leveraging AI Technology: Seoul, South Korea – In a decisive move to combat the escalating drug crisis, the South Korean government has announced a co ...; Yim Kwangsoo Correspondent 2025.03.07

Homeplus Faces Supply Halt Amid Restructuring, Labor Unrest: Seoul, South Korea – Homeplus, South Korea's second-largest hypermarket chain, is facing a wave of supply disruptions and gr ...; Desk 2025.03.07

South Korea's Consumer Prices Continue to Rise, Living Costs Surge to a 7-Month High: South Korea's consumer prices have risen for the second consecutive month, reaching the 2% range, fueling concerns about inflation ...; Min Gyu Mi Reporter 2025.03.07

Woori Bank Enters Mobile Virtual Network Operator (MVNO) Market, Expanding Beyond Traditional Banking: Woori Bank is set to launch its mobile virtual network operator (MVNO) service, "Woori WON Mobile," next month, marking a signific ...; Hwang Sujin Reporter 2025.03.07

South Korea Considers Immunity for Essential Medical Doctors in Fatal Cases: The South Korean government is advancing a controversial plan to shield doctors from prosecution in cases of patient deaths during ...; Desk 2025.03.07

Tax Authorities Launch Investigation into Tax Evasion Amidst Heated Political YouTube Revenue Competition: SEOUL, South Korea – Amidst the escalating revenue competition among "political YouTubers" during the 12.12 military coup an ...; KO YONG-CHUL Reporter 2025.03.07

North Korea Halts Western Tourist Visits After Three Weeks, Citing Unspecified Reasons: Pyongyang has abruptly suspended tourism for Western groups just three weeks after reopening its borders for the first time in fiv ...; Desk 2025.03.07

Seoul High Prosecutors' Office Review Committee Calls for Arrest Warrants for Presidential Security Officials: The Seoul High Prosecutors' Office Warrant Review Committee has recommended the issuance of arrest warrants for Kim Seong-hoon, De ...; KO YONG-CHUL Reporter 2025.03.07

South Korea's Election Watchdog Engulfed in Hiring Scandal, Faces Calls for Resignation Amidst Legal Hurdles: South Korea's National Election Commission (NEC) is reeling from a massive hiring scandal, with top officials facing mounting pres ...; KO YONG-CHUL Reporter 2025.03.07

Hanjin KAL Faces Scrutiny Over Executive Pay Amidst Public Aid and Rising Consumer Complaints: Hanjin Group's holding entity, Hanjin KAL, is under intense scrutiny for its repeated escalation of executive compensation ceiling ...; Desk 2025.03.07

Financial Supervisory Service Launches 'FSS Investment Explorers' Program for Middle and High School Students: The Financial Supervisory Service (FSS) is launching the 'FSS Investment Explorers' program, a financial investment experience edu ...; Desk 2025.03.06

South Korea Significantly Expands R&D Support for Foreign Investors, Accelerating Efforts to Become a Global Advanced Technology Hub: Seoul, South Korea – The South Korean government has announced a substantial increase in R&D support for foreign direct ...; Global Economic Times Reporter 2025.03.06

South Korea's GNI Growth Stalls Amidst Currency Volatility, Economic Concerns Persist: Seoul, South Korea – South Korea's per capita Gross National Income (GNI) saw a modest increase of 1.2% in 2024, reaching $3 ...; Desk 2025.03.06

Shinsegae Group Under Jung Yong-jin Shifts Focus to Aggressive Growth After Solidifying Foundations: Seoul, South Korea – Marking his first anniversary as Chairman of Shinsegae Group, Jung Yong-jin has announced a strategic p ...; KO YONG-CHUL Reporter 2025.03.06

Trump's Semiconductor Law Repeal Threat: A Strategic Move to Pressure Korean Firms: Washington D.C. - Former U.S. President Donald Trump's recent remarks singling out South Korea and advocating for the repeal of th ...; Hannah Yeh Reporter 2025.03.06

AI's Sensory Revolution: From Drug Detection to Digital Gastronomy: As the era of physical AI dawns, enabling interactions based on real-world spatial data, AI technologies are rapidly incorporating ...; ONLINE TEAM 2025.03.06