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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Dangerous "Pranks": Elderly Passenger Faces Criminal Charges for Tampering with Emergency Exit: (C) Air Busan BUSAN — A 60-year-old man is under police investigation for tampering with an aircraft's emergency exit, clai ...; Hee Chan Kim Reporter 2025.12.25

South Korea Ranks 15th Globally in Beer Consumption; Per Capita Intake Exceeds 70 Bottles Annually: (C) Marketing Edge Magazine SEOUL — South Korea has secured its position as the 15th largest beer-consuming nation in the w ...; Desk 2025.12.25

Busan Court Sentences 20-Year-Old to Prison for AI-Generated Medical Document Forgery and Insurance Fraud: BUSAN — The Busan District Court has sentenced a man in his 20s to two years in prison for orchestrating a sophisticated ins ...; KO YONG-CHUL Reporter 2025.12.25

Presidential Office to Return to ‘Blue House’ on the 29th; Phoenix Flag to be Hoisted at Midnight: (C) asiaone As the relocation of the presidential office nears completion, the official name of the office will revert to the " ...; KO YONG-CHUL Reporter 2025.12.24

Government Cracks Down on Illicit Real Estate Trades: Minors Amassing 25 Properties: (C) Pixabay SEOUL – The Ministry of Land, Infrastructure and Transport (MOLIT) announced on Wednesday that it has uncover ...; KO YONG-CHUL Reporter 2025.12.24

S. Korea Ranks 15th Globally in Beer Consumption: 70 Bottles Per Capita: (C) Seoulz South Korea’s beer consumption rose slightly last year, securing the 15th spot globally in terms of total volume ...; Graciela Maria Reporter 2025.12.24

Hwang Hana Apprehended in Cambodia After Fleeing Drug Charges: (C) KbizoOm GWACHEON — Hwang Hana (37), the granddaughter of Namyang Dairy Products' founder, has been arrested following a ...; KO YONG-CHUL Reporter 2025.12.24

S. Korean Government to Shift Oxygen Humidifier Disinfectant Tragedy to 'State Liability' Framework: (C) People's Solidarity for Participato [SEJONG] The South Korean government has officially designated the humidifier disinfec ...; Desk 2025.12.24

Waning Trust: Western Allies View U.S. as an ‘Unreliable and Destabilizing Force’: (C) Stimson Center WASHINGTON — A profound sense of disillusionment is sweeping through the United States’ closest We ...; Pedro Espinola Special Correspondent 2025.12.24

Survey: Half of Pregnant Women Lack Perceived Social Support; 41% Face Workplace Pressure: (C) Monash Lens SEOUL — A recent survey reveals a significant gap between public perception and the reality experienced by ...; Shin Yeju 2025.12.23

Surge in Financial Abuse of Elderly with Dementia: Family Members and Gaps in Protection: (C) SouthPoint Financial Credit Union As South Korea enters an era with over one million dementia patients, a disturbing trend ...; Global Economic Times Reporter 2025.12.23

Shinsegae Simon Transforms Premium Outlets into a Magical "Winter Wonderland": (C) The Paju Premium Outlet SEOUL — Shinsegae Simon is captivating year-end shoppers by transforming its nationwide Premium ...; ONLINE TEAM 2025.12.21

Japan's Luxury Stays Now "Affordable": Hotel Prices Plummet Amid China Exit: (C) Harumari Tokyo TOKYO – The Japanese tourism industry is facing a seismic shift as hotel rates in major travel hubs expe ...; Desk 2025.12.21

Driving Cognitive Skills Plunge at Age 70: Calls for Earlier License Renewal Intervals: (C) Fox2 SEOUL — New research suggests that the mandatory age for shortened driver’s license renewal cycles should be ...; Hee Chan Kim Reporter 2025.12.21

Coupang Faces Class-Action Lawsuit in U.S. Over Massive Data Breach and Disclosure Failures: (C) KED Global NEW YORK – Coupang Inc., the dominant leader in South Korea’s e-commerce market, is facing intense leg ...; KO YONG-CHUL Reporter 2025.12.21

Consumer Agency Orders SKT to Pay ₩100,000 to Hack Victims; Total Payout Expected to Reach ₩2.3 Trillion: (C) Telecompaper SEOUL – The Consumer Dispute Settlement Commission (CDSC), under the Korea Consumer Agency, has reached a ...; Global Economic Times Reporter 2025.12.21

The Return of High-Speed Aviation: Bombardier Delivers the Global 8000: (C) Robb Report The era of slow long-haul travel is facing a formidable challenger. Canadian aerospace giant Bombardier has offic ...; Eugenio Rodolfo Sanabria Reporter 2025.12.21

'Santa' Bandits Rob Canadian Supermarket to Protest Corporate Greed: (C) CTV News MONTREAL – In a scene reminiscent of a modern-day Robin Hood tale, a group of individuals dressed as Santa Cla ...; Eugenio Rodolfo Sanabria Reporter 2025.12.21

Tech Giants Advise Foreign Staff Against International Travel Amid U.S. Visa Delays: (C) Thereport.live SAN FRANCISCO – Tech industry leaders including Google and Apple have issued urgent travel advisories to ...; Global Economic Times Reporter 2025.12.21

Mass Cheating Allegations Hit Seoul National University Online Exam; New Countermeasures Underway: (C) K-campus SEOUL — Seoul National University (SNU) is reeling from allegations of widespread cheating during a final exam ...; Global Economic Times Reporter 2025.12.21