Global Economic Times

2026.04.27 (Mon)
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Quincy Jones, Legendary Music Producer, Passes Away at 91: Quincy Jones, the iconic music producer celebrated for his work with artists like Michael Jackson, has passed away at the age of 9 ...; Pedro Espinola Special Correspondent 2024.11.05

Comedy Revenge: A Deep Dive into South Korea's Comedy Scene: Netflix's Comedy Revenge has brought a fresh perspective to the South Korean comedy scene, sparking conversations about the nature ...; Desk 2024.11.05

South Korea's Ministry of Education Faces Backlash Over Handling of Medical Students' Strike: The South Korean Ministry of Education has come under fire for its handling of the ongoing medical students' strike, which has now ...; KO YONG-CHUL Reporter 2024.11.05

A New Era of Labor Unionism: The Rise of Online Unions in South Korea: South Korea has witnessed a groundbreaking development in the labor movement with the establishment of the nation's first online l ...; KO YONG-CHUL Reporter 2024.11.05

Incheon's Long-Delayed City Tower Project Faces New Setbacks: The construction of the Incheon City Tower, a project that has been in limbo for nearly two decades, has hit another roadblock, sp ...; ONLINE TEAM 2024.11.05

South Korea Seeks to Expand Regional Gift Certificate Use to Rural Areas: A new bill has been introduced in the South Korean National Assembly that would allow regional love gift certificates to be used a ...; Global Economic Times Reporter 2024.11.05

LH Faces Mounting Losses in Public Rental Housing: The Korea Land and Housing Corporation (LH) is incurring a staggering loss of 110 million won (approximately US$82,000) for each p ...; Global Economic Times Reporter 2024.11.05

HD Hyundai Infracore Partners with Amogy and SK Innovation to Develop Clean Ammonia-Based Hydrogen Power Generation System: HD Hyundai Infracore, a construction equipment affiliate of HD Hyundai, announced on November 4th that it has formed a strategic p ...; Global Economic Times Reporter 2024.11.05

Samsung Galaxy Z Fold SE Sells Out Again in Just 5 Minutes: Samsung Electronics' latest foldable smartphone, the Galaxy Z Fold Special Edition (SE), has once again sold out almost instantly ...; ONLINE TEAM 2024.11.05

Hyosung Heavy Industries Secures Major Order from Ørsted for UK Offshore Wind Farm: Hyosung Heavy Industries announced on November 4th that it had secured a contract to supply ultra-high voltage electrical equipmen ...; Global Economic Times Reporter 2024.11.05

Hyundai Motor Unveils Second Mobile Hydrogen Charging Station in Jeju: Hyundai Motor has announced the opening of its second mobile hydrogen charging station, the "H Jeju Moving Station," located at th ...; ONLINE TEAM 2024.11.05

NCsoft Posts First Quarterly Loss Since 2012 Amidst Struggling Game Performance: NCsoft, a leading South Korean game developer, reported its first quarterly operating loss since the second quarter of 2012, with ...; Global Economic Times Reporter 2024.11.05

South Korea's Telecom Giants Deploy AI to Combat Soaring Voice Phishing Scams: South Korea's major telecom companies are set to introduce AI-powered solutions to combat the rising threat of voice phishing scam ...; Desk 2024.11.05

South Korean Small Businesses Face Another Quarter of Declining Sales and Profits: A new report from Korea Credit Data (KCD) has revealed that South Korean small businesses experienced a significant decline in bot ...; Global Economic Times Reporter 2024.11.05

South Korea Faces Significant Economic Losses Due to Climate Change: A new report by the Bank of Korea, the Financial Supervisory Service, and the Korea Meteorological Administration warns that South ...; Pedro Espinola Special Correspondent 2024.11.05

SK Hynix to Accelerate HBM4 Supply for Nvidia Amidst AI Boom: SK Group Chairman Chey Tae-won revealed that Jensen Huang, CEO of Nvidia, has requested an acceleration of the supply schedule for ...; ONLINE TEAM 2024.11.05

South Korea Imposes Tougher Penalties for Animal Cruelty: The Supreme Court of Korea has established new sentencing guidelines that could result in up to three years of imprisonment for in ...; Global Economic Times Reporter 2024.11.05

20-Year-Old Woman Arrested for Hit-and-Run and Causing Eight-Car Pileup in Gangnam: A 20-year-old woman has been arrested for causing an eight-car pileup in Gangnam district while driving without a license. Seoul C ...; Hwang Sujin Reporter 2024.11.05

South Korea Considers Imposing Health Insurance Premiums on Daily Wage Workers: The South Korean Ministry of Health and Welfare and the National Health Insurance Service are considering imposing health insuranc ...; Hwang Sujin Reporter 2024.11.05

South Korea's First Online Labor Union Aims to Empower Small Business and Non-Regular Workers: A groundbreaking new labor union has emerged in South Korea, marking the country's first online-based union. The online union, "Wo ...; Global Economic Times Reporter 2024.11.05