Global Economic Times

2026.06.05 (Fri)
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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

Premature 'Victory Celebration' on City Hall Display Sparks Outrage and Allegations of Election Interference in Taebaek

TAEBAEK, South Korea — A major political scandal has erupted in the city of Taebaek, Gangwon State, after an electronic billboard inside the municipal city hall prematurely displayed a graphic c

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Rival Parties Pass 70-Plus Public Welfare Bills, Including 'Emergency Room Loitering Prevention Act': Summary: The National Assembly, with bipartisan agreement, passed over 70 public welfare bills, including one to improve emergency ...; Yim Kwangsoo Correspondent 2025.10.27

ROK President Lee Faces Major Diplomatic Test with APEC Super Week: President Lee Jae-myung of the Republic of Korea is about to embark on a "diplomatic super week," hosting and engaging in a series ...; KO YONG-CHUL Reporter 2025.10.25

Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery: London, UK – In an extraordinary scene at King's College Hospital, the strains of a clarinet echoed through an operating the ...; Graciela Maria Reporter 2025.10.22

Korean Expatriates in Cambodia Face Economic Crisis and Anti-Korean Sentiment Amid Crime Wave: PHNOM PENH — The Korean expatriate community in Cambodia is facing a dual crisis of economic hardship and escalating anti-Ko ...; KO YONG-CHUL Reporter 2025.10.22

S. Korea Ramps Up Cybersecurity with Sweeping Measures: In a decisive move to counter the rising wave of cyberattacks, the South Korean government, led by Deputy Prime Minister and Minis ...; KO YONG-CHUL Reporter 2025.10.22

WestJet Sparks Outcry with Paid Recline Option on Economy Seats: CALGARY, AB—Canadian low-cost carrier (LCC) WestJet has ignited a fierce debate after confirming plans to convert the reclin ...; Hwang Sujin Reporter 2025.10.21

U.S. H-1B Visa Fee Hike: New $100,000 Charge Primarily Targets Overseas Applicants: SEOUL/WASHINGTON D.C. — The controversial $100,000 fee increase for the U.S. H-1B specialty occupation visa, announced last ...; Eunsil Ju Reporter 2025.10.21

NATO Deputy Secretary General Pledges to Strengthen Substantive Cooperation with South Korea, Including Defense Industry: SEOUL - Radmila Šekerinska, Deputy Secretary General of the North Atlantic Treaty Organization (NATO), announced her intent ...; KO YONG-CHUL Reporter 2025.10.20

Four Daegu Districts Launch 'Cultural Heritage Exploration Team': Daegu, South Korea – Four basic local governments in Daegu – Dong-gu, Buk-gu, Suseong-gu, and Dalseo-gu – have j ...; Shin Yeju 2025.10.20

Early Winter Chill Grips South Korea as Seoraksan Sees First Snow: An abrupt blast of early winter cold has swept across South Korea, bringing the season's first snowfall to Mount Seorak and plungi ...; KIM YOUNG MIN 2025.10.20

Cargo Jet Overshoots Runway, Crashes into Sea at HK Airport; Two Ground Staff Killed: HONG KONG – A tragic accident at Hong Kong International Airport (HKIA) early Monday morning left two ground staff dead afte ...; Ana Fernanda Reporter 2025.10.20

Seegene Medical Foundation Marks 35th Anniversary with Move to Cutting-Edge Seegene Medical Tower: SEOUL — Seegene Medical Foundation (SMF), a specialized medical institution for disease testing and diagnostics, announced t ...; Hwang Sujin Reporter 2025.10.20

'Prince Group,' Alleged Backer of Cambodian Crimes, Holds $66M in South Korean Banks: SEOUL, October 20, 2025 - The 'Prince Group,' an organization accused of orchestrating large-scale crimes in Cambodia including on ...; KO YONG-CHUL Reporter 2025.10.20

South Korean Millionaires Flee as Inheritance Tax Burden Rises: A new report forecasts a significant exodus of South Korea's wealthy this year, with a projected 2,400 high-net-worth individuals ...; Hwang Sujin Reporter 2025.10.19

Chung Kyung-sim Sues Ex-Dongyang University President Choi Sung-hae Over Forgery Claims of Cho Min's Award: Chung Kyung-sim, former professor at Dongyang University, has filed a criminal complaint against eight Dongyang University officia ...; KO YONG-CHUL Reporter 2025.10.19

Korea's Ministry of Employment to Meet with Job Platform CEOs to Combat Overseas Employment Scams: SEOUL, South Korea – The South Korean government is taking swift action to prevent further incidents of overseas employment ...; Yim Kwangsoo Correspondent 2025.10.19

S. Korea Vows to Minimize Impact on Cambodian Residents After Travel Ban Upgrade: SEOUL - The South Korean Ministry of Foreign Affairs (MOFA) has defended its recent decision to raise the travel advisory level fo ...; KO YONG-CHUL Reporter 2025.10.19

Overseas Bad Manners: Korean Mother and Daughter Criticized for Monopolizing Benches at Singapore Changi Airport: A Korean mother and daughter have recently faced strong public criticism after being photographed monopolizing five public benches ...; Yim Kwangsoo Correspondent 2025.10.19

From Fads to Fixtures: Korean Food Aims for Global Permanence: NEW YORK – The conversation surrounding Korean cuisine’s global ascendance took on a forward-looking, cautionary tone ...; Global Economic Times Reporter 2025.10.19

Trump Tees Off with Asian Business Titans: Tariffs and Investment in Focus: Florida – U.S. President Donald Trump engaged in a high-profile golf summit with top business executives from South Korea, J ...; Global Economic Times Reporter 2025.10.19