Global Economic Times

2026.06.13 (Sat)
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Samsung Electronics Launches 12th Annual Programming Challenge for University Students to Foster Tech Talent

SEOUL — Samsung Electronics announced on Thursday that it has officially opened applications for the 12th Samsung Collegiate Programming Challenge (SCPC). This annual competition is a cornerston
SAMSUNG, FERRARI LEAD NEW ERA OF KOREA-ITALY ECONOMIC ALLIANCE IN ROME

ROME — The South Korea-Italy Business Roundtable, held on June 12 (local time) to mark President Lee Jae-myung’s state visit to Italy, transcended a mere diplomatic gathering. It transform

4 in 10 New Property Owners in Seoul are First-Time Buyers, Led by 30s

SEOUL — Over 40 percent of real estate buyers in Seoul this year were first-time homebuyers, marking the highest proportion since data compilation began in 2010. Despite tight loan curbs, indivi

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President Lee Jae-myung Labels Fake News and Comment Manipulation as "Grave Crimes Against Democracy": (C) VOI SEOUL – President Lee Jae-myung underscored the severity of public opinion manipulation on Sunday, describing fak ...; KO YONG-CHUL Reporter 2026.01.18

Long Queues in Sub-zero Temperatures: Hello Kitty Meets Jisoo as MZ Generation Flocks to Pop-up Store: (C) CJ Onstyle SEOUL – Despite the biting mid-winter cold, a long line of eager fans stretched down the street in front o ...; Shin Yeju 2026.01.18

South Korea Deploys 'Monster Missile' Hyunmoo-5 to Target Underground Bunkers: (C) South China Morning Post SEOUL – The South Korean military has reportedly begun the operational deployment of the "Hyun ...; Yim Kwangsoo Correspondent 2026.01.18

Elon Musk Sues OpenAI and Microsoft for $134 Billion, Alleging "Deception" and "Broken Promises": (C) KMJ SAN FRANCISCO – Elon Musk, CEO of SpaceX and xAI, has intensified his legal battle against OpenAI and its partner ...; Eunsil Ju Reporter 2026.01.18

The Rise and Fall of ‘Young Forty’: Why Korea’s Youth Are Mocking Trendy Middle-Aged Men: (C) Youtube SEOUL — A trendy middle-aged man dressed in a Stüssy t-shirt, wearing limited-edition Nike sneakers, and ...; Global Economic Times Reporter 2026.01.18

China’s People’s Daily Highlights Kim Ku’s Anti-Japanese Legacy: "A Pioneer of Korea-China Friendship": (C) Foundation Kim Ku BEIJING – In a move seen as a strategic diplomatic gesture toward Seoul, the People’s Daily, ...; Eugenio Rodolfo Sanabria Reporter 2026.01.16

"Newborn Heading Home": Handwritten Sign Moves Hearts on Korean Roads: (C) Threads In an era where road rage and aggressive driving often dominate the headlines, a simple, handwritten sign on the ba ...; Kim Sungmoon Reporter 2026.01.16

Actress Nana Cleared of Charges After Robber’s "Counter-Lawsuit" Ruled Self-Defense: (C) SOOJIB GURI, South Korea — Police have officially cleared Nana (Im Jin-ah), an actress and former member of the girl ...; Min Gyu Mi Reporter 2026.01.16

Daewoo E&C Takes the Lead in $8 Billion Gadeokdo Airport Project After Rivals Exit: (C) Namuwiki The Gadeokdo New Airport project, South Korea’s most ambitious maritime infrastructure venture, is entering ...; KO YONG-CHUL Reporter 2026.01.16

Prime Minister Kim Announces 20 Trillion Won Support for New "Integrated Special Cities": SEOUL – In a landmark move to decentralize national growth, Prime Minister Kim Min-seok announced on Friday a massive suppor ...; Desk 2026.01.16

Coupang Begins Disbursing 50,000 Won Compensation Coupons Following Data Breach: SEOUL — E-commerce giant Coupang has officially begun distributing compensation to 33.7 million users affected by a recent m ...; KO YONG-CHUL Reporter 2026.01.15

Lotte Chairman Shin Dong-bin Declares Strategic Shift: "Break Away from Familiarity": (C) The Investor Lotte Group Chairman Shin Dong-bin has announced a major transformation in the group’s management strategy ...; Hwang Sujin Reporter 2026.01.15

US Navy Sailor Sentenced to 16 Years for Selling Amphibious Assault Ship Secrets to China: (C) USIN News SAN DIEGO – A former U.S. Navy petty officer was sentenced to more than 16 years in federal prison on Monda ...; Sharon Yoon Correspondent 2026.01.13

Special Prosecutor Seeks 15-Year Sentence for Ex-Minister Lee Sang-min Over Insurrection Charges: (C) Lee Sang-min | The Guardian Nigeria News SEOUL – In a final court hearing on Monday, the special prosecution team led ...; KO YONG-CHUL Reporter 2026.01.12

President Lee Signals Crackdown on "Harmful" Religious Sects Amid Calls for Dissolution: (C) La Razon SEOUL — President Lee Jae-myung on Monday took a firm stance against controversial religious groups, includi ...; KO YONG-CHUL Reporter 2026.01.12

The "Lee Boo-jin Effect": Samsung Heiress Spotted in $130 Domestic Dress, Not Luxury Labels: (C) Freeview.ph SEOUL — Lee Boo-jin, CEO of Hotel Shilla and a prominent member of the Samsung family, has once again cap ...; Hwang Sujin Reporter 2026.01.11

From 'Maduro Gray' to 'Hwang Hana Parka': Why Negative News Drives Fashion Consumption: The "Blame Look" phenomenon—where fashion items worn by individuals embroiled in social scandals or criminal allegations bec ...; Desk 2026.01.11

National and Basic Pension Payouts to Rise by 2.1% This Year: Recipients of the National Pension and Basic Pension will see a 2.1% increase in their monthly benefits starting this year. The M ...; KO YONG-CHUL Reporter 2026.01.11

Yoon’s Unprecedented Delay Tactics: Final Sentencing Recommendation Rescheduled for the 13th: SEOUL – The first-instance final hearing for former President Yoon Suk Yeol, charged with leading an insurrection, was exten ...; KO YONG-CHUL Reporter 2026.01.10

South Korea's Air Passenger Traffic Hits All-Time High in 2025: Travelers Shift Focus from SE Asia to Japan and China: (C) KED Global SEOUL – South Korea’s aviation industry reached a historic milestone in 2025, with total air passen ...; Desk 2026.01.10