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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Hyundai’s ‘Physical AI’ Metamorphosis: Chung Euisun Leads 130 Executives to CES 2026: (C) KMJ LAS VEGAS — In a move that signals a tectonic shift in its corporate identity, Hyundai Motor Group (HMG) has effect ...; Hwang Sujin Reporter 2026.01.08

Crisis of Credibility: South Korea’s Human Rights Commission Paralized by Political Strife and Internal Scandals: The National Human Rights Commission of Korea (NHRCK), established as an independent watchdog to protect the vulnerable, is curren ...; KO YONG-CHUL Reporter 2026.01.08

Park Jie-won Calls for 'Expulsion' of Kim Byung-ki Amid Corruption Scandal: "A Necessary Sacrifice for the Party": (C) MBC The internal crisis of the Democratic Party of Korea (DPK) has reached a critical juncture as veteran lawmaker Park Jie-w ...; Desk 2026.01.07

Daejeon Pavilion Opens at CES 2026… Moving Beyond Simple Exhibition Toward Tangible Results: (C) Daejeon Metropolitan City Daejeon Metropolitan City is set to accelerate the global expansion of local innovative companies ...; HONG MOON HWA Senior Reporter 2026.01.07

Four Officials Referred to Prosecution Over Severe ‘High-Pressure Water Gun’ Injury at Ansan Water Festival: ANSAN, South Korea — On January 6, local police announced that four individuals have been referred to the prosecution in con ...; KIM YOUNG MIN 2026.01.07

Koryoin Youth Enhance Job Competency by Learning Hotel Services in Their Motherland: (C) Overseas Koreans Agency Koryoin (ethnic Koreans from the former Soviet Union) youth residing both in Korea and abroad are p ...; KO YONG-CHUL Reporter 2026.01.07

Coastal Erosion in Gangneung Reaches Critical Levels: "Waves Swallowing Roads": (C) KBS GANGNEUNG — The scenic coastline of Gangneung, a premier tourist destination on South Korea’s eastern seaboar ...; HONG MOON HWA Senior Reporter 2026.01.06

"Submit Your Chat History": Professors Grapple with AI Integration in Universities: (C) South China Morning Post DAEGU, South Korea — On university campuses, the use of generative AI such as ChatGPT and Gemi ...; Hee Chan Kim Reporter 2026.01.06

Ministry of Trade to Launch Special Audit into KCCI Over APEC CEO Summit Budget Mismanagement: (C) APEC CEO SUMMIT KOREA 2025 SEOUL — The Ministry of Trade, Industry and Energy (MOTIE) has announced a rigorous special ...; KO YONG-CHUL Reporter 2026.01.06

S. Korean Foreign Ministry Prepares Evacuation Plan for Nationals Following U.S. Airstrikes in Venezuela: (C) Ministry of Foreign Affairs SEOUL — The South Korean government has placed its diplomatic mission in Venezuela on high ...; Kim Sungmoon Reporter 2026.01.06

Allegations of Influence Peddling: Rep. Kim Byung-kee Accused of Pressuring Police Over Wife’s "Law Card" Scandal: (C) KBS SEOUL — Representative Kim Byung-kee of the main opposition Democratic Party (DP) is facing intensifying scrutiny ...; KO YONG-CHUL Reporter 2026.01.06

Military Officer Accused of Drafting "Torture and Drug-Induced Confession" Manual Promoted to Colonel: (C) Minplus SEOUL — A high-ranking military officer suspected of drafting a manual on using torture and psychoactive drug ...; KO YONG-CHUL Reporter 2026.01.06

85% of Deepfake Pornography Sites Remain Accessible Despite Gov’t Blocking Orders: Audit: (C) Education Week SEOUL — A damning report by South Korea’s Board of Audit and Inspection (BAI) has revealed that mo ...; Desk 2026.01.06

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