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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Trump Faces Equipment Glitches at the UN: During his visit to the United Nations for the General Assembly, President Donald Trump experienced a series of frustrating techni ...; Global Economic Times Reporter 2025.09.24

U.S. Stock Daytime Trading to Resume Sequentially from November After Year-Long Suspension: U.S. stock daytime trading services, which have been suspended for over a year, will resume sequentially starting in November. Fin ...; Global Economic Times Reporter 2025.09.24

Microsoft Launches Initiative to Boost AI Literacy for Korean Educators: SEOUL – Microsoft has announced a new initiative to enhance the AI capabilities of K-12 educators in South Korea, following ...; Hwang Sujin Reporter 2025.09.24

Seoul Launches Driverless Shuttle Service in City Center: SEOUL – The Seoul Metropolitan Government officially launched its first regular autonomous shuttle service, the Cheonggye A0 ...; Desk 2025.09.24

Becal Supports the Dream of Studying Abroad: A bold challenge for the future begins. The "Carlos Antonio López National Scholarship Program (Becal)," supported by the P ...; Pedro Espinola Special Correspondent 2025.09.23

Floating Hospital Ship, Paraguay's 'Moving Hospital,' Provides Medical Aid to Riverside Villages: The floating hospital ship 'Capitán Ingeniero Carlos Cubas,' which navigates the Paraguay River, has completed its fifth me ...; Eugenio Rodolfo Sanabria Reporter 2025.09.23

'Child Sexual Assault, Consent is Invalid': Prosecutor Vivian Coronel Emphasizes the Culture of Silence and Solutions for Child-Targeted Sexual Crimes: The issue of child sexual assault in Paraguay has reached a serious level. Experts say that a change in social awareness and insti ...; KO YONG-CHUL Reporter 2025.09.23

A Celebration of Youth, Asunción's 'Fiesta Guasu': Palma Street, in the heart of Asunción, Paraguay, was filled with youthful energy and vibrant colors. Last Sunday, the 'Fie ...; Desk 2025.09.23

Giant trees in Paraguay are recognized as 'Paraguayan Heritage': The gigantic trees standing tall in the Chaco and Concepción regions of Paraguay are being recognized as 'Paraguayan Herita ...; Hwang Sujin Reporter 2025.09.23

Five Paraguayan students to pursue master's degrees with Turkish government scholarships: Five female students from Paraguay will fulfill their dream of studying in Türkiye through the Turkish government's 'Becas T& ...; Hwang Sujin Reporter 2025.09.23

Fitch Maintains Uruguay's 'BBB' Rating; Economic Strengths and Risks Coexist: On September 22, 2025, Fitch maintained Uruguay's credit rating at 'BBB' with a 'stable' outlook. This means that Uruguay is class ...; Global Economic Times Reporter 2025.09.23

Unification Church Head Han Hak-ja Arrested in Growing Corruption Scandal: SEOUL—In a dramatic turn for the Unification Church, its leader, Han Hak-ja, was arrested on Tuesday, a pivotal moment in th ...; KO YONG-CHUL Reporter 2025.09.23

APEC Summit: Gyeongju Hosts, but Seoul Poised to Be the Stage for Crucial Bilateral Talks: SEOUL—As the ancient city of Gyeongju prepares to host the 2025 APEC Economic Leaders' Meeting in late October, a curious de ...; Hwang Sujin Reporter 2025.09.22

South Korean 'Yong Hyung-nim' Crime Ring, Based in Thailand, Busted for Romance Scams and 'No-Show' Fraud: SEOUL—Twenty-five members of the 'Yong Hyung-nim' (meaning 'Dragon Brother's Company') crime ring, a voice phishing organiza ...; Global Economic Times Reporter 2025.09.22

Korean Government to Dramatically Increase Penalties for Personal Data Leaks: SEOUL—The South Korean government is set to significantly raise fines for personal data breaches, tying penalties directly t ...; KO YONG-CHUL Reporter 2025.09.22

S. Korea Aims to Leverage U.S. Visa Fee Hike for Talent Recruitment: SEOUL — The South Korean Presidential Office has issued a directive to government ministries, urging them to capitalize on t ...; Global Economic Times Reporter 2025.09.22

South Korea: Gangneung's Drought Crisis Eases as Reservoir Levels Recover: GANGNEUNG, South Korea—In a major relief for the city of Gangneung, the water level of the crucial Obong Reservoir has recov ...; Hwang Sujin Reporter 2025.09.22

Han Hak Ja Moon, Unification Church Leader, Appears in Court for Detention Hearing in a Wheelchair: SEOUL—Han Hak Ja Moon, the leader of the Unification Church and the focus of the so-called "political-religious collusion sc ...; KO YONG-CHUL Reporter 2025.09.22

President Lee Jae-myung Pushes for 'Smart and Elite Military' Amidst Defense Shifts: President Lee Jae-myung is calling for a major overhaul of the South Korean military, pushing for a move away from traditional, pe ...; Yim Kwangsoo Correspondent 2025.09.21

U.S. H-1B Visa Fee Hike Threatens International Students and Tech Industry: WASHINGTON D.C. — The U.S. government has enacted a dramatic increase in the application fees for the H-1B specialty occupat ...; Global Economic Times Reporter 2025.09.21