Global Economic Times

2026.03.06 (Fri)
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Hunminjeongeum Liaodong Academic Expedition Issues Letters to Leaders of Korea and China at Shenyang Consulate

(C) Commemorative photo at the Consulate General of the Republic of Korea in Shenyang, China. From left: the consul in charge, the author, Consul General Kim Seong-min, Dr. Kwon Oh-hyang, and Zhang Li
S. Korea to Expand Supply Chain Fund Amid Middle East Crisis; Emergency Support for Oil Procurement Strengthened

SEJONG — The South Korean government announced on Wednesday that it will significantly expand the scope of its Supply Chain Stabilization Fund to buffer the domestic economy against heightened v

The 'Sanae Token' Scandal and the High Cost of Political Speculation

(C) Brandon Sun TOKYO — In the high-stakes world of cryptocurrency, "Meme Coins" have long been driven by internet culture and celebrity endorsements. However, Japan’s polit

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The 'Arrest Look': Nike Tracksuit Sells Out After Maduro’s Capture: (C) NewsBytes WASHINGTON D.C. / SEOUL — In a surreal intersection of geopolitical drama and global consumerism, the Nike tr ...; Eugenio Rodolfo Sanabria Reporter 2026.01.06

Seoul Council Member Flees to U.S. Amid ‘100 Million Won’ Nomination Bribery Scandal: (C) KBS SEOUL — Kim Kyung, a member of the Seoul Metropolitan Council, has reportedly departed for the United States just a ...; KO YONG-CHUL Reporter 2026.01.06

Ministry of Foreign Affairs Opens Doors for Young Korean Talents to Enter International Organizations: (C) Ministry of Foreign Affairs On January 5, the Ministry of Foreign Affairs (MOFA) held a hybrid-format orientation for the f ...; Global Economic Times Reporter 2026.01.06

Jumunjin Sunrise Festival Leaps Forward After 26 Years… Successfully Concludes with 6,000 Attendees: On the morning of the 2026 Year of the Red Horse (Byeong-o-nyeon), Jumunjin Beach in Gangneung—a flagship beach on the East ...; LEE YEON SIL Reporter 2026.01.05

Sino-South Korean Relations Thaw as Favorability Climbs Ahead of Presidential Visit: (C) Compass Edge BEIJING – As President Lee Jae-myung prepares for a state visit to China on January 4, a recent survey ind ...; Desk 2026.01.04

South Korea Ranks 4th Globally in Nation Brand and 17th in National Competitiveness: National Strength Proven by Rankings: The Institute for Industrial Policy Studies - National Competitiveness (IPSNC) announced that South Korea has once again demonstra ...; KO YONG-CHUL Reporter 2026.01.03

Will Highway Rest Area Food Prices Drop in the New Year?: (C) Fishing Camping Tour SEOUL — As the South Korean government moves to regain control over highway rest area operations t ...; Min Gyu Mi Reporter 2026.01.02

S. Korea to Offer Up to KRW 6.8 Million in EV Subsidies, Adding Incentives for Internal Combustion Engine Trade-ins: (C) IEEFA SEOUL — The Ministry of Climate, Energy and Environment announced on January 1 the "2026 Electric Vehicle Subsidy ...; Shin Yeju Intern Reporter 2026.01.02

Free-Floating Planet Discovery: A Saturn-Mass Rogue World Found 10,000 Light-Years Away: (C) Phys.org DAEJEON – An international team of astronomers has discovered a "rogue planet"—a world drifting through ...; Graciela Maria Reporter 2026.01.02

Coupang Executive Testifies NIS Directed Overseas Confrontation to Recover Leaked Data: SEOUL – A senior executive from Coupang, South Korea’s e-commerce giant, testified before the National Assembly on Thu ...; KO YONG-CHUL Reporter 2026.01.02

Pope Leo XIV Congratulates Daejeon’s Sungsimdang Bakery on 70th Anniversary: (C) CAFOD DAEJEON — Pope Leo XIV has extended his heartfelt congratulations to Sungsimdang, a historic bakery based in Daej ...; HONG MOON HWA Senior Reporter 2026.01.02

Musinsa Issues ₩50,000 Coupon Pack to All Users, Eyes Rival Coupang’s Recent Missteps: (C) Musinsa SEOUL — Fashion e-commerce giant Musinsa has announced a large-scale promotional event, providing a ₩50,000 cou ...; Hwang Sujin Reporter 2026.01.02

ROK Defense Ministry Unveils "Semi-Fourth Branch" Plan: Marine Corps Commandant to be Promoted to Four-Star General: (C) Arirang TV SEOUL – In a landmark move to bolster the independence and operational capability of the Republic of Korea M ...; KO YONG-CHUL Reporter 2026.01.01

Luxury Polarization: Chanel Surpasses Louis Vuitton as "Heritage" Trumps Trends: (C) Apparel Resources SEOUL — In a shifting global economy, the divide within the luxury market is becoming more pronounced ...; Hwang Sujin Reporter 2026.01.01

Jeju Authorities Crack Down on Illegal Accommodations Disguised as Short-Term Rentals: (C) Medium JEJU ISLAND – The Jeju Provincial Autonomous Police announced on Tuesday that they have uncovered a significant ...; KO YONG-CHUL Reporter 2026.01.01

“Stories of Overseas Koreans Tailored to Student Perspectives... On-site Education for Over 6,000 Students Nationwide”: (C) Overseas Koreans Agency (OKA) The Overseas Koreans Agency (Commissioner Kim Kyoung-hyup) announced that throughout 2025, ...; KO YONG-CHUL Reporter 2025.12.30

U.S. Residential Electricity Rates Set to Surge Further in 2026, Emerging as Key Midterm Election Variable: (C) MPR News WASHINGTON — Rising electricity costs are becoming a central socioeconomic issue in the United States, as resi ...; Eunsil Ju Reporter 2025.12.30

Coupang Faces Probe Over Unpaid Severance Pay; 99 Labor Law Violations Recorded This Year Alone: SEOUL – Coupang, South Korea’s e-commerce giant currently under special prosecutor investigation for allegedly withhol ...; KO YONG-CHUL Reporter 2025.12.29

Samsung Biologics Employee Indicted for Smuggling 2,800 Secret Blueprints Hidden Under Clothes: (C) KBR Incheon, South Korea — A Samsung Biologics employee has been handed over to trial for leaking trade secrets, includ ...; Yim Kwangsoo Correspondent 2025.12.29

Silicon Valley Korean American Federation Successfully Hosts '2025 Korean American Awards': The Silicon Valley Korean American Federation (President Dong-ok Woo, Board Chair Hang-ja Yoon) successfully concluded the "Silico ...; KO YONG-CHUL Reporter 2025.12.29

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