Global Economic Times

2026.06.05 (Fri)
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South Korean Gas Prices Dip for Third Straight Week; Downward Trend Expected to Continue: SEOUL — Domestic gasoline and diesel prices in South Korea have extended their decline for the third consecutive week, provi ...; KO YONG-CHUL Reporter 2025.12.27

New Food Trends: From Creamy Fusion Noodles to Traditional Korean Pickles: (C) Hong Kong Banjom SEOUL — South Korea’s vibrant food and beverage industry continues to evolve as major players in ...; Kim Sungmoon Reporter 2025.12.27

Energy Giant Samchully Acquires 'Sunggyung Food' for 120 Billion Won to Boost Food Business: SEOUL — Samchully Group, South Korea's leading city gas provider, is set to acquire Sunggyung Food, the manufacturer of the ...; KO YONG-CHUL Reporter 2025.12.27

Cold Wave Hits Korea: Thermal Wear and Padded Jackets Fly Off the Shelves: (C) The Hans IndiaSEOUL — As a severe cold wave grips the Korean Peninsula, with perceived temperatures in Seoul plunging be ...; Min Gyu Mi Reporter 2025.12.27

End of the ‘Baby Exporter’ Era: South Korea to Halt Overseas Adoptions by 2029: (C) ABC News SEOUL — South Korea is officially moving to shed its long-standing and painful stigma as a "baby exporting nat ...; Hwang Sujin Reporter 2025.12.27

Korea’s Minimum Wage Surpasses "Employment Danger Zone," IMF Warns of Job Losses: (C) Working Times SEOUL – Small business owners in South Korea are increasingly vocal about the financial strain caused by ...; Shin Yeju 2025.12.27

Australia’s "Build-to-Rent" Model: A Blueprint for Solving the $1.2 Million Housing Crisis: (C) Interest.co.nz SYDNEY – In the heart of Marrickville, just 10 minutes by metro from Sydney’s bustling city center ...; Eugenio Rodolfo Sanabria Reporter 2025.12.27

Samsung TV Plus Unveils 'All-in-One AI Channel' to Revive Classic Dramas in 4K: (C) Total Licensing SEOUL — Samsung Electronics announced on December 26 that it has launched the "All-in-One AI Integrated ...; Hee Chan Kim Reporter 2025.12.27

China Becomes ‘Graveyard for Imported Cars’ as German Luxury Brands Plummet: (C) PCAuto BEIJING – The once-dominant reign of global premium automakers in China is facing a structural crisis. As domest ...; Yim Kwangsoo Correspondent 2025.12.27

SMEC Counters SNT Group’s Hostile M&A Attempt with Treasury Stock Strategy: SEOUL — SMEC, a prominent South Korean machine tool manufacturer, has launched a formal counteroffensive against a hostile t ...; Hwang Sujin Reporter 2025.12.27

Coupang Faces Intense Backlash Over ‘Self-Investigation’ Into Massive Data Leak: SEOUL — A fierce standoff has erupted between Coupang, South Korea’s leading e-commerce platform, and government autho ...; KIM YOUNG MIN 2025.12.27

LG Electronics to Unveil 'UltraGear Evo' AI-Powered Gaming Monitors at CES 2026: (C) LG Display.com SEOUL — LG Electronics announced on Dec. 26 that it will launch its next-generation gaming monitor lineu ...; Yim Kwangsoo Correspondent 2025.12.27

HD Hyundai Heavy Industries Nears 20-Vessel Export Milestone with Philippine Corvette Deal: (C) HD Hyundai Heavy Industries (HD HHI) SEOUL — HD Hyundai Heavy Industries (HD HHI) is on the verge of reaching a histori ...; Hwang Sujin Reporter 2025.12.27

LG Energy Solution Faces Massive Blow with 14 Trillion Won in Contract Cancellations This Month: SEOUL – LG Energy Solution (LGES), South Korea’s leading battery manufacturer, is grappling with a series of major set ...; Desk 2025.12.27

Shinsegae Group Suffers Data Breach Affecting 80,000 Employees and Partners: SEOUL — Shinsegae Group, one of South Korea’s largest retail giants, has confirmed a significant data breach involving ...; KO YONG-CHUL Reporter 2025.12.27

"Better Than Savings Plans" – South Korea’s New IMA Products See 1 Trillion Won "Sell-out" in Just Four Days: SEOUL – Investment Management Accounts (IMA) are taking the South Korean financial market by storm as investors flock to pro ...; KO YONG-CHUL Reporter 2025.12.27

South Korea Expands Menstrual Product Support for Vulnerable Youth Following Presidential Directive: (C) Astler.co SEOUL – The Ministry of Gender Equality and Family (MGEF) announced on Friday a significant expansion and sim ...; Hwang Sujin Reporter 2025.12.27

Once Up 459%, Beauty Giant APR Stumbles: Retail Investors Panicked Amid Insider Selling: (C) Neuberger Berman The stock price of APR, a leading K-beauty tech company, has recently lost its upward momentum, leaving in ...; Global Economic Times Reporter 2025.12.27

MOFA: "Carrying Items for Others Abroad Risks Involvement in Drug Crimes": (C) Ministry of Foreign Affairs It has been identified that about 10 South Korean nationals were arrested and imprisoned this y ...; Global Economic Times Reporter 2025.12.27

Palma Announces Major Cycling Overhaul: 15km of New Lanes to Be Fast-Tracked: (C) Mallorca PALMA DE MALLORCA – The City Council of Palma has unveiled an ambitious strategic blueprint to revolutionize i ...; Ana Fernanda Reporter 2025.12.25