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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President Lee Commits to Backing Businesses, Strengthening Global Competitiveness at Inaugural Ceremony: SEOUL – In a grand ceremony that symbolically replaced his official inauguration, President Lee Jae-myung has outlined a vis ...; KO YONG-CHUL Reporter 2025.08.20

South Korean Supermarkets Hail Success of 'Living Coupons,' Push for Permanent System: SEOUL — The Korean Supermarket Cooperative Federation (KSCF) has reported overwhelming success with the initial distribution ...; Hwang Sujin Reporter 2025.08.20

Gangneung's Night Markets Emerge as Major Tourist Attractions, Revitalizing the Local Economy: GANGNEUNG—Night markets are lighting up the city of Gangneung, drawing large crowds of residents and tourists and bringing a ...; KO YONG-CHUL Reporter 2025.08.18

South Korean Police Crack Down on 'Fixie' Bicycles: SEOUL — The National Police Agency of South Korea has announced a major crackdown on fixie bikes, a popular type of bicycle ...; Hwang Sujin Reporter 2025.08.18

Seoul Cracks Down on Unsanitary Restaurants Amid Summer Heat: SEOUL — The Seoul Metropolitan Government has revealed that it inspected 1,985 restaurants during the high-risk summer seaso ...; Desk 2025.08.18

LA Korean Education Center - Gyeongbuk Office of Education, Korean Culture Class Training Successfully Held in the U.S.: The LA Korean Education Center (Director Kang Jeon-hoon) and the Gyeongsangbuk-do Office of Education (Superintendent Lim Jong-sik ...; KO YONG-CHUL Reporter 2025.08.14

First Lady's Influence-Peddling Scandal: Gifts for Positions: SEOUL — A scandal of unprecedented scale is unfolding, alleging that First Lady Kim Keon-hee received millions of dollars in ...; KO YONG-CHUL Reporter 2025.08.14

Ex-Defense Minister Kim Yong-hyun Accused of Bypassing Military Chain of Command: SEOUL — A special prosecution team investigating the December 3rd state of emergency has reportedly uncovered evidence sugge ...; KO YONG-CHUL Reporter 2025.08.13

Polar Researchers Identify Natural 'Cooling' Mechanism in the Arctic: SEOUL — The Korea Polar Research Institute (KOPRI) has announced the discovery of a natural feedback mechanism in the Arctic ...; Yim Kwangsoo Correspondent 2025.08.13

Fighting the Drunk: Firefighter Activity Disruption Is on the Rise: Disruptions to the on-site activities of Seoul firefighters are an annual occurrence, and eight out of ten perpetrators are intoxi ...; Hwang Sujin Reporter 2025.08.13

Democrats Push to Pass 'Judicial Reform Bill,' Including Expanding Supreme Court Justices to 30, Before Chuseok: The Democratic Party of Korea has announced its goal to pass a judicial reform bill, which includes increasing the number of Supre ...; Desk 2025.08.13

I will translate the provided Korean text into English. I will ensure the translation is accurate and maintains the original tone and context.: The U.S. State Department’s 2024 Country Reports on Human Rights Practices have raised concerns about restrictions on press ...; KO YONG-CHUL Reporter 2025.08.13

A million foreign talents can drive 6% GDP growth: KCCI report says increasing registered foreigners is key to economic revitalization.: According to a report titled "Analysis of the Economic Effects of Attracting Foreign Citizens," co-researched by the Korea Chamber ...; Hwang Sujin Reporter 2025.08.13

North Korean Hacker 'Kimsuky' Computer Hacked... Evidence of Infiltration into South Korean Government and Businesses Found: A working computer belonging to a hacker from the North Korean hacking organization 'Kimsuky' has reportedly been infiltrated by e ...; KO YONG-CHUL Reporter 2025.08.13

The arrest of Kim Keon-hee and the start of a new phase in the special counsel investigation: a comprehensive probe into alleged government interference: The special counsel team, led by Special Prosecutor Min Joong-ki, has successfully secured an arrest warrant for Kim Keon-hee, off ...; KO YONG-CHUL Reporter 2025.08.13

TASHU Bicycles, Cotton Candy, and a Kkumdori Keyring! Unique Booths at the Daejeon 0 O'Clock Festival Gain Attention: A unique experiential booth utilizing Daejeon's public bicycle service, Tashu, is gaining significant popularity at the 2025 Daeje ...; Hwang Sujin Reporter 2025.08.12

"ON:CHUNGNAM" Finale Lights Up Boryeong Mud Festival, Showcasing the Present State of Local Music Creation: On August 9th and 10th, the Boryeong Mud Festival, Korea's representative summer festival, was filled with the heat of music. The ...; HONG MOON HWA Senior Reporter 2025.08.12

2025 Daejeon 0-si Festival Attracts 870,000 Visitors in First Three Days, Setting a New Record: The unprecedented success of the 2025 Daejeon 0-si Festival was driven by unusually cool weather in early August and an increase i ...; KO YONG-CHUL Reporter 2025.08.12

Korea and Vietnam Forge Stronger Strategic Ties: SEOUL – In a meeting that underscored the deepening relationship between the Republic of Korea and Vietnam, Prime Minister K ...; KO YONG-CHUL Reporter 2025.08.12

East Asian Agricultural Ministers Reconvene After Seven-Year Hiatus to Confront Regional and Global Challenges: Incheon, South Korea—Agricultural ministers from South Korea, China, and Japan convened in a landmark meeting today, marking ...; Desk 2025.08.11