Global Economic Times

2025.10.30 (Thu)
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White House Spokesperson's K-Beauty Haul Goes Viral After Visit to Gyeongju

SEOUL/GYEONGJU, South Korea — Caroline Leavitt, the youngest White House spokesperson, has added a touch of personal flair to the high-stakes diplomacy of the recent U.S.-South Korea summit, mak
South Korea's Business Leaders to Meet Xi Jinping: Strengthening Supply Chains in Key Future Industries

SEOUL/GYEONGJU, South Korea – South Korea’s most influential business magnates are set to hold a high-stakes meeting with Chinese President Xi Jinping during his state visit, timed with th

U.S. Defense Giant Lockheed Martin Arms Sea Drones with Missiles, Tomahawk Integration Planned

WASHINGTON D.C. — Global defense giant Lockheed Martin announced a strategic investment of $50 million in leading sea drone manufacturer Saildrone on Wednesday, October 29, 2025, unveiling an am

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South Korean Public Institutions to Invest 66 Trillion Won in 2025: Seoul, South Korea – The South Korean government has announced that 26 major public institutions will collectively invest 66 ...; Global Economic Times Reporter 2025.01.05

Foreign Investors Dump Korean Bonds Amid Political Turmoil: Seoul, South Korea – Foreign investors have been offloading Korean government bonds since the declaration of a state of emer ...; Desk 2025.01.05

Medical School Applications Soar in South Korea: Seoul, South Korea – The number of applicants to medical schools in South Korea for the 2025 academic year has surged by nea ...; Desk 2025.01.05

South Korea's Growing Income Inequality Amidst Political Turmoil: Seoul, South Korea – South Korea is grappling with a widening income gap, as data from the National Statistical Office revea ...; Desk 2025.01.05

Soaring Insurance Policy Loans Amid Economic Hardship: Seoul, South Korea – The scale of insurance policy loans, where policyholders borrow against the cash value of their insuran ...; Hwang Sujin Reporter 2025.01.05

SRT to Open Lunar New Year Ticket Reservations on January 13: Seoul, South Korea – SR, the operator of the Suseo High Speed Railroad (SRT), announced today that ticket reservations for t ...; KO YONG-CHUL Reporter 2025.01.05

Entire Communities Mourn Jeju Air Crash Victims: Gwangju and Jeonnam in Deep Sorrow: Gwangju and Jeonnam, South Korea, are enveloped in a deep wave of grief following the devastating Jeju Air crash. With 157 of the ...; Global Economic Times Reporter 2025.01.05

South Korea's Civil Service Sees a Drastic Decline in Popularity: Seoul, South Korea – Despite the South Korean government's efforts to boost the appeal of civil service jobs by increasing t ...; Desk 2025.01.03

Enhanced Internal Controls in South Korean Banks: Seoul, South Korea – South Korean banks and financial holding companies have significantly bolstered their internal controls ...; ONLINE TEAM 2025.01.03

South Korea Sweetens the Deal for Electric Vehicle Buyers: Seoul, South Korea – South Korea is ramping up its efforts to promote electric vehicle adoption by offering more generous su ...; Hwang Sujin Reporter 2025.01.02

Ulsan Man Tops List of South Korea's Worst Landlords: Seoul, South Korea – A 51-year-old resident of Ulsan has been identified as the individual with the largest outstanding debt ...; Desk 2025.01.02

Seoul to Issue 750 Billion Won Worth of Regional Love Gift Certificates at a 5% Discount: Seoul, South Korea – Seoul Metropolitan Government announced on Tuesday that it will issue 750 billion won worth of “ ...; Hwang Sujin Reporter 2025.01.02

Busan Selected to Host 2025 World Smart City Expo: Busan, South Korea – Busan has been chosen as the host city for the 2025 World Smart City Expo, solidifying its position as ...; Global Economic Times Reporter 2025.01.02

Goyang, Uijeongbu, Dongducheon, Pocheon, and Namyangju to receive KRW 4 billion each for park development.: Gyeonggi-do, South Korea – The Gyeonggi Provincial Government announced on February 2nd that it has selected five cities for ...; ONLINE TEAM 2025.01.02

Danyang County, South Korea, Tops Tourism Index Despite Population Decline: Danyang, South Korea – A small county in South Korea's North Chungcheong Province has defied expectations by securing the to ...; Global Economic Times Reporter 2025.01.02

Libya's Oil Production Surpasses 2024 Target Amid Budget Delays: Tripoli, Libya - The National Oil Corporation (NOC) of Libya announced today that daily crude oil production has surpassed this ye ...; Pedro Espinola Special Correspondent 2025.01.01

Record high electricity rates in Norway this week are due to low alternative energy production and high demand for electricity in Europe.: Norway's abundant hydroelectric power used to keep rates low, but with its integration into the European market, hydro-electricity ...; Eugenio Rodolfo Sanabria Reporter 2025.01.01

Korean Ambassador to Tanzania Emphasizes Media's Role in Strengthening Bilateral Ties: Dar es Salaam - The Republic of Korea Ambassador to Tanzania, Ms. Eunju Ahn, has underscored the crucial role of the media in soli ...; Hee Chan Kim Reporter 2025.01.01

Portuguese Prisons Face Security Crisis After Audit Uncovers Major Flaws: Lisbon, Portugal - A damning audit of Portugal's prison system has revealed a litany of security failures, including outdated equi ...; Ana Fernanda Reporter 2025.01.01

Fatal Hot Air Balloon Crash in Portugal Highlights Safety Lapses: Mourão, Portugal - A fatal hot air balloon accident that occurred in April near the Alqueva reservoir has been attributed t ...; Ana Fernanda Reporter 2025.01.01