Global Economic Times

2026.10.20 (Tue)
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President Lee Declares Geoje and Tongyeong 'Special Disaster Zones' Amid Heavy Rain Damage: On August 21, President Lee Jae-myung announced the declaration of Geoje City and specific regions within Tongyeong City—nam ...; KO YONG-CHUL Reporter 2026.08.22

NEAR Marks 30th Anniversary: Expanding Horizons as a Multilateral Diplomacy Hub: SEOUL – The Association of North East Asia Regional Governments (NEAR), a prominent multilateral platform for local diplomac ...; HONG MOON HWA Senior Reporter 2026.08.21

South Chungcheong Province Targets European Markets and Vatican Diplomacy to Expand Global Network: South Chungcheong Province is embarking on its first official overseas trip under the 9th popular election term, setting its sight ...; HONG MOON HWA Senior Reporter 2026.08.21

Gyeongsangbuk-do Governor Discusses Strengthening Local Government Cooperation with Salvadoran Ambassador: DAEGU, South Korea — North Gyeongsang Province (Gyeongsangbuk-do) is taking significant strides to broaden its international ...; HONG MOON HWA Senior Reporter 2026.08.21

The President of the Republic, Santiago Peña, welcomed Their Imperial Highnesses Fumihito, Prince Akishino—Crown Prince of Japan—and Princess Kiko of Akishino.: Marking the 90th anniversary of the arrival of the first Japanese immigrants, the President highlighted their immense contribution ...; Pedro Espinola Special Correspondent 2026.08.21

"The Era of Automatic Alliance Protection is Over": South Korea’s New 'Four-Pillar' Survival Strategy: In the face of an increasingly volatile international order, a new report from the NEAR Foundation has proposed a comprehensive "F ...; Hwang Sujin Reporter 2026.08.20

Korea Post to Issue Commemorative Stamps Marking 150th Birth Anniversary of Baekbeom Kim Gu: SEOUL — The Korea Post, under the Ministry of Science and ICT, announced on August 20, 2026, that it will issue 528,000 comm ...; Hee Chan Kim Reporter 2026.08.20

Korean fintech expertise is making significant strides in the Vietnamese financial market, signaling a new era where "work records" serve as a foundation for credit.: LIFT and Hana Ratings Forge Strategic Partnership for Financial Inclusion LIFT Vietnam, a fintech company operating an AI-driven ...; Eugenio Rodolfo Sanabria Reporter 2026.08.20

Advancing the Era of ‘Green Ammonia’: KIST Develops High-Efficiency Catalyst for Ambient Ammonia Production: Ammonia, a compound of nitrogen and hydrogen, is a vital chemical for modern agriculture and industry, with annual global consumpt ...; Yim Kwangsoo Correspondent 2026.08.20

South Korea’s Net External Assets Hit 12-Year Low Amid Historic KOSPI Rally: South Korea's net international investment position (NIIP)—often referred to as the country’s "second foreign exchange ...; Desk 2026.08.20

"Afraid of the Food Bill, Staying In": How High Inflation is Severing the Ties of Human Connection: The skyrocketing cost of dining out is doing more than just straining household grocery budgets; it is actively severing the bonds ...; Hwang Sujin Reporter 2026.08.20

Genesis Unveils the GV90: A New Benchmark for Future Luxury Mobility: SAN FRANCISCO – Genesis, the luxury automotive brand under Hyundai Motor Group, officially unveiled its first full-size flag ...; Desk 2026.08.20

The Sunset of an Era: 3G Network Fades into History: The 3rd Generation (3G) mobile network, a cornerstone of the modern digital age that brought video calling and mobile internet to ...; Kim Young Min Reporter 2026.08.20

A New Chapter in Oncology: Moderna’s mRNA Cancer Vaccine Achieves Landmark Phase 3 Success: The global pharmaceutical industry is witnessing a potential paradigm shift in cancer treatment as Moderna and Merck (known as MSD ...; Kim Sungmoon Reporter 2026.08.20

Trump Shifts Strategy: Acknowledges North Korea’s Nuclear Status, Prioritizes Capability Limits over Denuclearization: WASHINGTON — In a move that signals a significant departure from traditional U.S. foreign policy, President Donald Trump has ...; KO YONG-CHUL Reporter 2026.08.20

U.S. National Debt Crosses $40 Trillion Milestone, Raising Fiscal Alarm: In a historic and concerning development, the total U.S. national debt has surpassed the $40 trillion mark for the first time. Acc ...; Ana Fernanda Reporter 2026.08.20

Japan Eases Overtime Rules to Boost Industrial Competitiveness; Korea Remains Stuck in 52-Hour "Trap": TOKYO/SEOUL — Japan is taking bold steps to regain its footing in the global manufacturing arena, with the government announ ...; Global Economic Times Reporter 2026.08.20

Busan Named 'Best Incentive Destination in Asia' at 2026 M&C Asia Stella Awards: BUSAN, South Korea — Busan has solidified its reputation as a premier global hub for business tourism, winning the "Best Inc ...; HONG MOON HWA Senior Reporter 2026.08.20

Chungnam Content Institute Targets Global Markets at Gamescom 2026 in Cologne: COLOGNE, Germany – The Chungnam Content Institute (acting director Son Byung-sun) announced on August 19, 2026, that it will ...; HONG MOON HWA Senior Reporter 2026.08.20

Cheonan K-Culture Expo 2026: Immersing the Independence Hall in the Global Wave of Hallyu: CHEONAN, South Korea – The Independence Hall of Korea, a site deeply rooted in the nation's history, is set to undergo a vib ...; HONG MOON HWA Senior Reporter 2026.08.20