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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Feature Article: Island Airports Face Takeoff Trouble as Airlines Balk at Low Profitability: (C) Bangkok Post SEOUL— South Korea's plan to boost regional connectivity by constructing small airports on remote islands, ...; KO YONG-CHUL Reporter 2025.12.11

Forging the Drone Warfighter: USAREUR-AF Launches Inaugural Competition in Germany, Stressing Integrated Lethality: (C) AL-Monitor GRAFENWOEHR, Germany—The future of maneuver warfare is taking flight at the 7th Army Training Command’ ...; Pedro Espinola Special Correspondent 2025.12.10

The Tragedy on the High Seas: Royal Caribbean Sued Over Passenger Death After 33 Drinks and Fatal Restraint: (C) Zoom Bangla News The family of Michael Virgil, a 35-year-old guest who died aboard the Navigator of the Seas in December 2024 ...; Graciela Maria Reporter 2025.12.10

A Golden Noel: The Vance Family's First Christmas at the Naval Observatory: (C) AOL.com WASHINGTON, D.C. — The historic Vice Presidential Residence at the Naval Observatory, a stately Queen Anne home ...; Global Economic Times Reporter 2025.12.10

South Korea to End High-Speed Rail Competition: KTX and SRT Operator Merger Set for 2026: (C) Korea PortalThe South Korean government has officially announced plans to merge the nation's two high-speed rail operators, Ko ...; KO YONG-CHUL Reporter 2025.12.09

South Korea: Unification Church Officials Testify to Directives for Donations to Ruling Party, Though Accounts Remain Contradictory: (C) The Boston Globe SEOUL — Former and current executives of the Unification Church (Family Federation for World Peace and ...; Desk 2025.12.09

Gwangju Office of Education Moves to Revoke Registration of Alternative School Over Historical Bias, Including Glorification of Rhee Syngman: GWANGJU, South Korea—The Gwangju Metropolitan Office of Education (GMOE) is moving to revoke the registration of a religious ...; KO YONG-CHUL Reporter 2025.12.09

South Korea to Broaden Espionage Law to Combat Foreign Tech Theft: (C) The Spy Hunter SEOUL – A long-standing aspiration of South Korea’s industrial sector, the amendment to the Espiona ...; KO YONG-CHUL Reporter 2025.12.08

Louvre Museum Rocked by New Crisis: Leak Damages Hundreds of Rare Egyptian Studies Texts: (C) Euro Weekly News PARIS — Just weeks after a high-profile jewel theft exposed glaring security lapses, the world-renowned ...; Pedro Espinola Special Correspondent 2025.12.08

Imprisoned Sister-in-Law of White House Press Secretary Calls White House Account "Sickening Lie": Detained Relative Challenges White House Narrative on Immigration ArrestThe controversy surrounding White House Press Secretary Ca ...; Hwang Sujin Reporter 2025.12.08

NYC Mayor-Elect Mamdani Affirms Immigrants' Right to Refuse Enforcement, Igniting Debate: (C) PBS NEW YORK – New York City Mayor-elect Zohran Mamdani (34) has thrown his weight behind the rights of undocumented imm ...; Eugenio Rodolfo Sanabria Reporter 2025.12.08

KOREAN AMERICAN ASTRONAUT JOHNNY KIM RETURNS AFTER EPIC 245-DAY SPACE MISSION: (C) Best of Korea SEOUL — After spending 245 days serving aboard the International Space Station (ISS), U.S. Navy Lieuten ...; Yim Kwangsoo Correspondent 2025.12.06

Drug Seizures Hit Record High: 2,913 kg Intercepted by October: (C) The Star SEOUL — The Korea Customs Service (KCS) announced a monumental surge in drug seizures at the border, revealin ...; Global Economic Times Reporter 2025.12.06

Coupang's 'Self-Regulation' Stance Sparks Fears of Light Penalties Amid Data Leak Scandal: (C) Tech in Asia SEOUL — Public outcry for severe punishment against Coupang continues to grow following the massive data b ...; KO YONG-CHUL Reporter 2025.12.06

2026 Overseas Koreans Agency Budget Confirmed at 112.7 Billion Won... 5.3% Increase Year-on-Year: Overseas Koreans Agency (OKA) On the 5th, the Overseas Koreans Agency (OKA, Commissioner Kim Kyung-hyup) announced that its budget ...; KO YONG-CHUL Reporter 2025.12.06

North Korea Embraces Mobile Tech and AI, but Control Remains Paramount: (C) NKNews SEOUL, South Korea - A recent international conference in Seoul highlighted the rapidly evolving media and mobile land ...; Min Gyu Mi Reporter 2025.12.05

The North Face Faces Backlash: Full Refunds Issued Over Mislabelled Down Filler: (C) Kamisetas.com SEOUL—In a major blow to brand trust, The North Face, operated by Youngone Outdoor, has been forced to is ...; Desk 2025.12.04

Lee Jae-myung Pushes for 'Coup Cleanup,' Hints at Second Special Prosecution and Special Tribunal: (C) The Edge Malaysia SEOUL—President Lee Jae-myung is set to escalate the ruling Democratic Party's campaign to prosecut ...; KO YONG-CHUL Reporter 2025.12.03

Special Prosecutor Demands 15-Year Sentence, ₩2 Billion Fine for First Lady Kim Keon-hee: (C) Malay Mail Seoul, South Korea — The special prosecution team has demanded a 15-year prison sentence and a ₩2 billion ...; KO YONG-CHUL Reporter 2025.12.03

Coupang's Massive Data Breach Affects 33.7 Million Users, Suspected to be Insider Job by Former Chinese Employee: SEOUL— Coupang, South Korea’s leading e-commerce platform, is engulfed in a massive data breach scandal after reportin ...; KO YONG-CHUL Reporter 2025.12.01