Global Economic Times

2026.01.21 (Wed)
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S. Korea Braces for Longest, Most Intense Cold Wave of the Season: Feels-like Temps to Plummet to -20°C

(C) Youtube SEOUL – South Korea is bracing for the most severe and prolonged cold wave of the winter season starting this Tuesday, Jan. 20, coinciding with "Daehan"—traditio
Wealthy Individuals Value Time Over Money: Insights into the "Rich Mindset"

(C) Nova Money What truly separates the wealthy from the average person? While the most obvious difference is the size of their bank accounts, a landmark study suggests that the real distinction li

Trump Declares Himself ‘The Tariff King’ on Social Media Ahead of Supreme Court Ruling

WASHINGTON D.C. – President Donald Trump has stirred public attention by posting images of himself labeled as “The Tariff King” and “Mister Tariff” on social media, just

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55 Fast Food Restaurants in South Korea Cited for Violating Food Sanitation Laws: SEOUL, South Korea – Fifty-five fast food restaurants across South Korea, known for selling popular items like tteokbokki (s ...; Hwang Sujin Reporter 2025.03.07

South Korea Launches Nationwide Crackdown on Drug Crimes, Leveraging AI Technology: Seoul, South Korea – In a decisive move to combat the escalating drug crisis, the South Korean government has announced a co ...; Yim Kwangsoo Correspondent 2025.03.07

Homeplus Faces Supply Halt Amid Restructuring, Labor Unrest: Seoul, South Korea – Homeplus, South Korea's second-largest hypermarket chain, is facing a wave of supply disruptions and gr ...; Desk 2025.03.07

South Korea Considers Immunity for Essential Medical Doctors in Fatal Cases: The South Korean government is advancing a controversial plan to shield doctors from prosecution in cases of patient deaths during ...; Desk 2025.03.07

Tax Authorities Launch Investigation into Tax Evasion Amidst Heated Political YouTube Revenue Competition: SEOUL, South Korea – Amidst the escalating revenue competition among "political YouTubers" during the 12.12 military coup an ...; KO YONG-CHUL Reporter 2025.03.07

North Korea Halts Western Tourist Visits After Three Weeks, Citing Unspecified Reasons: Pyongyang has abruptly suspended tourism for Western groups just three weeks after reopening its borders for the first time in fiv ...; Desk 2025.03.07

Seoul High Prosecutors' Office Review Committee Calls for Arrest Warrants for Presidential Security Officials: The Seoul High Prosecutors' Office Warrant Review Committee has recommended the issuance of arrest warrants for Kim Seong-hoon, De ...; KO YONG-CHUL Reporter 2025.03.07

South Korea's Election Watchdog Engulfed in Hiring Scandal, Faces Calls for Resignation Amidst Legal Hurdles: South Korea's National Election Commission (NEC) is reeling from a massive hiring scandal, with top officials facing mounting pres ...; KO YONG-CHUL Reporter 2025.03.07

Financial Supervisory Service Launches 'FSS Investment Explorers' Program for Middle and High School Students: The Financial Supervisory Service (FSS) is launching the 'FSS Investment Explorers' program, a financial investment experience edu ...; Desk 2025.03.06

Gwangju Metropolitan City Announces Public Nomination for the 38th Citizen's Award: Seeking the Best Citizen: Gwangju Metropolitan City announced on the 5th that it is publicly seeking nominations for the '38th Gwangju Metropolitan City Cit ...; Yim Kwangsoo Correspondent 2025.03.06

Seoul Metropolitan Government to Issue Additional 74.5 Billion KRW in 'Seoul Love Gift Certificates' to Support Small Businesses: The Seoul Metropolitan Government announced on March 5th that it will issue an additional 74.5 billion KRW worth of 'Seoul Love Gi ...; Hwang Sujin Reporter 2025.03.06

Police Prepare for Emergency Response as President Yoon Suk-yeol's Impeachment Ruling Looms: Seoul, South Korea – As the Constitutional Court is expected to deliver its ruling on President Yoon Suk-yeol's impeachment ...; KO YONG-CHUL Reporter 2025.03.06

Seoul Doubles Transportation Card Support for Elderly Drivers Voluntarily Surrendering Licenses: Seoul Metropolitan Government announced on January 5th that it will double the transportation card support from 100,000 won to 200 ...; Desk 2025.03.06

Multicultural TV Selected as Public Interest Channel for 2025-2026, Contributing to Enhancing Diversity in Korean Society: Multicultural TV announced on March 5th that it has been selected as a public interest channel for 2025-2026 by the Korea Communic ...; Desk 2025.03.06

Air Force Colonel Sent to Prosecution for Sexual Assault and Attempted Rape of Female Officer: The Chungbuk Provincial Police Agency announced on March 5th that they have forwarded Colonel A of the 17th Fighter Wing to the pr ...; KO YONG-CHUL Reporter 2025.03.06

Hong Kong Firm to Sell Panama Canal Port Operations to U.S. Consortium Amidst Trump's Trade Route Ambitions: CK Hutchison Holdings, a Hong Kong-based company, has agreed to sell its Panama Canal port operations to a U.S. consortium led by ...; Graciela Maria Reporter 2025.03.06

Trump Targets South Korea with All-Around Pressure: Tariffs, Investments, and Increased Defense Cost Sharing Possible: President Donald Trump's designation of South Korea as an "ally that harms the United States" has heightened tensions in the U.S.- ...; Desk 2025.03.06

Six Out of Ten Seoul Citizens Favor Raising Subway Free Ride Age to 70: A recent survey reveals that six out of ten Seoul citizens support raising the age limit for free subway rides, currently set at 6 ...; Hwang Sujin Reporter 2025.03.05

South Korea's Tourism Deficit Exceeds $10 Billion Amidst Recovery: South Korea's tourism balance deficit has surpassed $10 billion last year, indicating a severe deterioration. Despite the rapid in ...; Global Economic Times Reporter 2025.03.05

KHNP Achieves Asia's First Nuclear Green Bond Issuance: Korea Hydro & Nuclear Power Co. (KHNP) announced on the 5th that it has successfully issued Asia's first nuclear green bond. T ...; Global Economic Times Reporter 2025.03.05