Global Economic Times

2026.10.20 (Tue)
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Major Commercial Banks Exceed Expanded Household Loan Caps as Lending Capacity Dries Up: SEOUL — Household loan balances at major commercial banks continue to climb, pushing them past their annual aggregate target ...; Yim Kwangsoo Correspondent 2026.09.22

'Crypto Winter' Over? Bitcoin Reclaims $85,000 After 8 Months: Bitcoin, the world’s leading cryptocurrency by market capitalization, has surpassed the $85,000 threshold for the first time ...; Graciela Maria Reporter 2026.09.22

US Media Outlets Boycott Trump Video Coverage, File Lawsuit Over White House Press Bans: WASHINGTON — Media organizations banned from the White House under directives from U.S. President Donald Trump have taken le ...; Greace Nunez Correspondent 2026.09.22

International Oil Prices Fall Amid Hopes for Diplomatic Solution to Iran Conflict: International oil prices fell significantly on the 21st (local time) amid expectations that the United States and Iran could find ...; Kim Young Min Reporter 2026.09.22

SK-US Non-Immigrant Visas Drop 8% Under Trump 2nd Term, Student Visas Hit Hardest: The number of non-immigrant visas issued to South Korean nationals decreased by approximately 8% following the launch of the secon ...; Hwang Sujin Reporter 2026.09.22

'Nuclear-Drive' Kenya Holds Nuclear Energy Cooperation Workshop with South Korea: Kenya, which is pursuing the construction of nuclear power plants, has held the "Korea-Kenya Nuclear Energy Cooperation Workshop" ...; Hee Chan Kim Reporter 2026.09.22

Cho Hyun Meets Four UN Secretary-General Candidates, Emphasizing "Strengthening Multilateralism": SEOUL — While visiting New York to attend the high-level segment of the 81st United Nations General Assembly, South Korean F ...; KO YONG-CHUL Reporter 2026.09.22

Wall Street Hits Record High as AI Optimism Propels Meta and Intel Tech Giants Surge on Renewed AI Confidence: New York — Driven by soaring artificial intelligence (AI) optimism and declining oil prices, the three major U.S. stock indi ...; Hannah Yeh Reporter 2026.09.22

China Strips Party and Military Memberships of 'No. 2 Military Figure' Zhang Youxia Amid 'Entangled Political and Economic Issues': BEIJING — The Chinese Communist Party (CCP) has announced the expulsion of Zhang Youxia, Vice Chairman of the Central Milita ...; Eugenio Rodolfo Sanabria Reporter 2026.09.22

"US Pushes to Invest 6.8 Trillion Won to Rebuild Middle East Energy Facilities Damaged in Iran War": The administration of U.S. President Donald Trump is pushing to invest $5 billion (approx. 6.8 trillion won) to rebuild Middle Eas ...; Desk 2026.09.22

"Trump Halted Strike on Houthis at Saudi Request, Facing a 'New Front' Dilemma": U.S. President Donald Trump weighed a strike against the Iran-backed Houthi rebels in Yemen following a request from Saudi Arabia, ...; Ana Fernanda Reporter 2026.09.22

Trump Rolls Out the Red Carpet for Xi: B-2 Bombers, F-22s, and First Lady Melania Set for State Visit: Washington, D.C. — In a rare and striking display of diplomatic pageantry, U.S. President Donald Trump is preparing to roll ...; Ana Fernanda Reporter 2026.09.22

"Used even in Marado restaurants"... Toss Place payment terminals surpass 500,000 merchant stores: Toss Place, Toss's offline payment infrastructure subsidiary, is showing fierce growth, surpassing 500,000 merchant stores nationw ...; Min Gyu Mi Reporter 2026.09.21

Faster CPU, Smarter AI... Qualcomm's Next-Gen Snapdragon Reveal Imminent: Qualcomm is accelerating its competition in the AI smartphone application processor (AP) market by unveiling a next-gen Snapdragon ...; Eugenio Rodolfo Sanabria Reporter 2026.09.21

"Remembering the Path to Reverse Automatically"... This Feature Spreading to Hyundai's New Cars: Hyundai Motor Company is expanding its advanced parking convenience technologies across various vehicle classes. A prime example i ...; Graciela Maria Reporter 2026.09.21

"Snipers Deployed atop 76m 'Gold-Plated Triumphal Arch'": Trump's Radical Vision for Washington's 'Military Triumphal Arch': U.S. President Donald Trump has announced that the massive, 76-meter (250-foot) triumphal arch currently being promoted for constr ...; Ana Fernanda Reporter 2026.09.21

"Born into a 100-Million-Won Salary": Over 20 "Golden Spoon" Minor CEOs Discovered: More than 20 minor business owners in South Korea earn an annual salary exceeding 100 million won. The list includes preschool chi ...; Hwang Sujin Reporter 2026.09.21

Gimcheon City and JNTC Sign 347-Billion-Won Investment Agreement for TGV Glass Substrate Production Plant: (Daily Daegu Gyeongbuk News = Reporter Hwang Ji-hyun) Gimcheon City, Gyeongsangbuk-do, and JNTC have joined hands to produce TGV ( ...; Global Economic Times Reporter 2026.09.21

Bucheon Cultural Center Successfully Concludes Archival Culture Tour: The Bucheon Cultural Center (Director Kwon Soon-ho) successfully hosted the "Bucheon Cultural Center Archival Culture Tour" starti ...; KO YONG-CHUL Reporter 2026.09.21

Interview with Lim Byung-jin, Secretary-General of the Association of Northeast Asia Regional Governments (NEAR): Lim Byung-jin, Secretary-General of the Association of Northeast Asia Regional Governments (NEAR) I. First, could you briefly i ...; HONG MOON HWA Senior Reporter 2026.09.21