Global Economic Times

2026.06.06 (Sat)
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Opening a 'New Horizon' for Korea-Pakistan Economic Cooperation… Exchange Event Successfully Held in Changwon

On June 1, a meaningful exchange event was successfully held in Changwon, Gyeongsangnam-do, consolidating the business partnership between the Pakistan Business Association (PBA) and the Republic of K
Nexon Revamps Signature Youth Coding Competition into AI-Driven 'Nexon Young Programmers Cup'

SEOUL, South Korea — Nexon, a global pioneer in the gaming industry, officially announced on June 4 that it has opened applications for its newly rebranded and completely restructured programmin

President Lee Assures 'Zero Tolerance' for Corruption, Outlining Vision for South Korea as an 'Irreplaceable Global Leader'

SEOUL — President Lee Jae-myung declared on Wednesday a stern, uncompromising stance against corruption and illegal financial gains, asserting that South Korea will transform into a thoroughly t

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Financial Supervisory Service Launches 'FSS Investment Explorers' Program for Middle and High School Students: The Financial Supervisory Service (FSS) is launching the 'FSS Investment Explorers' program, a financial investment experience edu ...; Desk 2025.03.06

Gwangju Metropolitan City Announces Public Nomination for the 38th Citizen's Award: Seeking the Best Citizen: Gwangju Metropolitan City announced on the 5th that it is publicly seeking nominations for the '38th Gwangju Metropolitan City Cit ...; Yim Kwangsoo Correspondent 2025.03.06

Seoul Metropolitan Government to Issue Additional 74.5 Billion KRW in 'Seoul Love Gift Certificates' to Support Small Businesses: The Seoul Metropolitan Government announced on March 5th that it will issue an additional 74.5 billion KRW worth of 'Seoul Love Gi ...; Hwang Sujin Reporter 2025.03.06

Police Prepare for Emergency Response as President Yoon Suk-yeol's Impeachment Ruling Looms: Seoul, South Korea – As the Constitutional Court is expected to deliver its ruling on President Yoon Suk-yeol's impeachment ...; KO YONG-CHUL Reporter 2025.03.06

Seoul Doubles Transportation Card Support for Elderly Drivers Voluntarily Surrendering Licenses: Seoul Metropolitan Government announced on January 5th that it will double the transportation card support from 100,000 won to 200 ...; Desk 2025.03.06

Multicultural TV Selected as Public Interest Channel for 2025-2026, Contributing to Enhancing Diversity in Korean Society: Multicultural TV announced on March 5th that it has been selected as a public interest channel for 2025-2026 by the Korea Communic ...; Desk 2025.03.06

Air Force Colonel Sent to Prosecution for Sexual Assault and Attempted Rape of Female Officer: The Chungbuk Provincial Police Agency announced on March 5th that they have forwarded Colonel A of the 17th Fighter Wing to the pr ...; KO YONG-CHUL Reporter 2025.03.06

Hong Kong Firm to Sell Panama Canal Port Operations to U.S. Consortium Amidst Trump's Trade Route Ambitions: CK Hutchison Holdings, a Hong Kong-based company, has agreed to sell its Panama Canal port operations to a U.S. consortium led by ...; Graciela Maria Reporter 2025.03.06

Trump Targets South Korea with All-Around Pressure: Tariffs, Investments, and Increased Defense Cost Sharing Possible: President Donald Trump's designation of South Korea as an "ally that harms the United States" has heightened tensions in the U.S.- ...; Desk 2025.03.06

Six Out of Ten Seoul Citizens Favor Raising Subway Free Ride Age to 70: A recent survey reveals that six out of ten Seoul citizens support raising the age limit for free subway rides, currently set at 6 ...; Hwang Sujin Reporter 2025.03.05

South Korea's Tourism Deficit Exceeds $10 Billion Amidst Recovery: South Korea's tourism balance deficit has surpassed $10 billion last year, indicating a severe deterioration. Despite the rapid in ...; Global Economic Times Reporter 2025.03.05

KHNP Achieves Asia's First Nuclear Green Bond Issuance: Korea Hydro & Nuclear Power Co. (KHNP) announced on the 5th that it has successfully issued Asia's first nuclear green bond. T ...; Global Economic Times Reporter 2025.03.05

South Korea Shifts Livestock Disease Control to Local and Private Sectors, Expands AI-Driven Prevention: The South Korean government has announced a 'Mid-to-Long-Term Livestock Disease Control Development Plan,' shifting the livestock ...; Global Economic Times Reporter 2025.03.05

Hyundai Marine & Fire Insurance Expands AI Voice Guidance System for Auto Claims: Hyundai Marine & Fire Insurance (001450) announced on the 5th that it has expanded the application of its 'Auto Claims AI Voic ...; Desk 2025.03.05

Lotte Non-Life Insurance's 'wonder' Wins Winner Award at 2024 A.N.D. Award: Lotte Non-Life Insurance (000400) announced on the 5th that its sales support platform 'wonder' won the Winner Award in the Securi ...; Hwang Sujin Reporter 2025.03.05

Kyobo Life Insurance Wins 2024 AND Award for Web Drama 'Neighbors in a Narrow Space': Kyobo Life Insurance has been awarded the Winner Award in the large enterprise category of the Digital Advertising and Campaign di ...; Hwang Sujin Reporter 2025.03.05

BNK Busan Bank Revamps Lotte Giants-Linked Deposit Products After 18 Years: BNK Busan Bank announced on the 5th that it will revamp its regular deposit and savings products that offer preferential interest ...; Yim Kwangsoo Correspondent 2025.03.05

Financial Authorities Launch Joint Task Force to Combat New Money Laundering Techniques, Conduct Full Investigation of Saemaul Geumgo: Financial authorities are establishing a joint task force (TF) with the financial sector to proactively address emerging money lau ...; Hwang Sujin Reporter 2025.03.05

Insurance Fraud Involving Agents on the Rise; Financial Authorities Vow Strong Response: Financial authorities are taking strong measures as the amount of insurance fraud involving insurance agents increased by nearly 2 ...; Hwang Sujin Reporter 2025.03.05

Financial Supervisory Service Urges Second-Tier Financial Institutions to Swiftly Resolve Non-Performing Assets and Ensure Stable Funding for Vulnerable Groups: The Financial Supervisory Service (FSS) has called on second-tier financial institutions to expedite the resolution of non-perform ...; Desk 2025.03.05