Global Economic Times

2026.04.21 (Tue)
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Woori Bank Tightens Reins on Dormant Corporate Accounts to Combat Financial Fraud

SEOUL – Woori Bank, one of South Korea’s leading commercial lenders, has announced a sweeping crackdown on financial fraud by imposing strict withdrawal limits on accounts held by suspende
K-Defense Takes on Latin American Market: Pan-Government Delegation Dispatched

The pan-government and public-private defense cooperation delegation, led by the Ministry of Foreign Affairs and the Defense Acquisition Program Administration (DAPA), announced that they visited Chil

South Korea Enters the Era of '100 AI Medical Devices Annually': Advancing into High-Complexity Clinical Fields

SEOUL – South Korea’s medical artificial intelligence (AI) sector has reached a significant turning point, with more than 100 new AI-based medical devices being approved annually. Once lim

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Lotte Choco Pie Conquers India: The Secret to Dominating the Market is ‘Extreme Localization’: (C) KED Global New Delhi — Lotte Choco Pie has become more than just a snack in India; it is a symbol of premium quality, ...; Hwang Sujin Reporter 2026.01.12

K-Battery Sector Hits a Wall: Major Firms Slip into Red Following Repeal of U.S. EV Subsidies: (C) Digitimes SEOUL – The South Korean battery industry is reeling from the sudden elimination of electric vehicle (EV) sub ...; KO YONG-CHUL Reporter 2026.01.11

SK Hynix Secures "HBM Supremacy": World’s First 16-Stack HBM4 Unveiled at CES 2026: (C) Tweak Town LAS VEGAS — SK Hynix has once again pushed the physical boundaries of semiconductor technology, unveiling ...; Eugenio Rodolfo Sanabria Reporter 2026.01.10

South Korean Rebar Defies 50% Tariffs: A Strategic Pivot to the U.S. Amid Domestic Stagnation: (C) News.az SEOUL – In an ironic twist of global trade dynamics, South Korea’s steel industry is finding its "breakth ...; Kim Sungmoon Reporter 2026.01.08

From "Nvidia of Noodles" to Volatility: Can Samyang Rounds Out the "Emperor Stock" Era?: (C) Fanwork SEOUL — Samyang Foods (003230), the South Korean food giant that earned the moniker "Nvidia of Noodles" (Myeon- ...; Yim Kwangsoo Correspondent 2026.01.08

Jensen Huang at CES 2026: "AI to Trigger Storage Revolution and Exploding CPU Demand": (C) PC Gamer LAS VEGAS — Jensen Huang, CEO of NVIDIA, declared that Artificial Intelligence is set to ignite a fundamental ...; Global Economic Times Reporter 2026.01.07

Apple Aggressively Woos South Korea: Why the Tech Giant is Doubling Down on Samsung’s Home Turf: (C) Fox Businees SEOUL — Apple, a brand historically known for its conservative promotional stance, is pivoting its strateg ...; KO YONG-CHUL Reporter 2026.01.07

Flip-Flops and Favoritism: Ulleung County Faces Backlash Over "Messy" Personnel Appointments: (C) Ulleung County Office ULLEUNG-GUN, North Gyeongsang — Ulleung County is facing intense public scrutiny and internal unr ...; Global Economic Times Reporter 2026.01.06

Wearable Robots: The New Frontier for Winning Over South Korea’s ‘Young Old’ Industry Giants in Fashion and Finance Bet on Assistive Technology to Capture the Silver Market: (C) Digital Watch Observatory SEOUL – As South Korea officially enters a "super-aged society," where those aged 65 and olde ...; Global Economic Times Reporter 2026.01.06

Samyang Foods Set to Hit 3 Trillion Won Revenue in 2026 Amid Global ‘Buldak’ Frenzy: (C) The Takeout SEOUL – Samyang Foods, the South Korean food giant behind the globally acclaimed "Buldak Spicy Chicken Nood ...; Kim Sungmoon Reporter 2026.01.05

KFTC Reviews Four Allegations Against Coupang: Potential Shake-up of E-commerce Monopoly: SEOUL — Coupang, the South Korean e-commerce giant with annual sales reaching 40 trillion won, is facing a critical turning ...; Hwang Sujin Reporter 2026.01.05

Eastar Jet Achieves IATA Operational Safety Audit (IOSA) Certification: (C) Eastar Jet Eastar Jet announced on January 2nd that it has officially received the IATA Operational Safety Audit (IOSA) cer ...; Global Economic Times Reporter 2026.01.03

S. Korea to Showcase Largest-Ever Unified Pavilion at CES 2026, Deploying ‘One-Team’ Export Strategy: CES 2026: The World's Largest Stage for Innovation (C) Eidetic Marketing LAS VEGAS — South Korea is set to make its most si ...; Sharon Yoon Correspondent 2026.01.02

From Craft Brews to Modern Traditions: The Bold Vision of Seoul Brewery: (C) WanderBoat AI SEOUL – What defines the city of Seoul? For some, it is the epicenter of K-culture; for others, it is a ...; Kim Sungmoon Reporter 2026.01.01

KT Faces Mass Exodus: 6,000 Subscribers Jump Ship on First Day of Penalty Waiver: (C) KT SEOUL — KT Corporation is witnessing a significant wave of customer departures following its decision to waive contr ...; Hwang Sujin Reporter 2026.01.01

Samsung Electronics’ Semiconductor Division Sees Bonus Surge to 48% of Annual Salary: SEOUL – Samsung Electronics announced its estimated year-end performance incentives for 2025 on Tuesday, revealing a dramati ...; JEONG CHAN MYEONG Senior Reporter 2025.12.30

Hyundai Motor Casts Doubt on Russian Plant Reacquisition as Buyback Deadline Looms: (C) Autostat SEOUL — Hyundai Motor Company has reportedly indicated that a reacquisition of its former manufacturing facili ...; KO YONG-CHUL Reporter 2025.12.30

SoftBank to Acquire AI Infrastructure Giant DigitalBridge in $4 Billion Deal: (C) Anadolu Ajanci SAN FRANCISCO – SoftBank Group, led by billionaire founder Masayoshi Son, has reached an agreement to ac ...; Hannah Yeh Reporter 2025.12.30

Euisun Chung’s ‘Innovative Leadership’ Proven by String of Guinness World Records: (C) Automotive News SEOUL — Hyundai Motor Group is solidifying its position as a global innovation leader by consistently s ...; Desk 2025.12.29

SMEC Counters SNT Group’s Hostile M&A Attempt with Treasury Stock Strategy: SEOUL — SMEC, a prominent South Korean machine tool manufacturer, has launched a formal counteroffensive against a hostile t ...; Hwang Sujin Reporter 2025.12.27

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