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  • Woori Bank Tightens ...

    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 L...

    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 t...

    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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Busan Companies Achieve Record CES 2026 Innovation Awards
Intelligent filming robot, 'Gensis Studio.' (C) Busan City BUSAN, South Korea – The city of Busan announced on Novembe ...
Desk 2025.11.11

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Retirement Age Debate Rages: Youth Employment at Risk as Older Workers' Tenure Lengthens
(C) Pixabay Seoul - The debate over raising South Korea's mandatory retirement age is intensifying, with an immediate proposal ...
Desk 2025.11.10

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Daedeok Innopolis to Global Markets: Daejeon Hosts Tech Exchange Focused on Funding and International Expansion
DAEJEON, South Korea—Daejeon City is set to host the "12th Daejeon Innovative Technology Exchange (DITEC)" on the 11th at th ...
HONG MOON HWA Senior Reporter 2025.11.07

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Daejeon City Honors Four ‘Promising Small Businesses’ for Innovation and Growth
(C) Oven Brothers (오븐브라더스) DAEJEON—Daejeon Metropolitan City has announced and presented plaques to four businesses design ...
HONG MOON HWA Senior Reporter 2025.11.07

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E-Commerce Titan Amazon Sues AI Startup Perplexity Over Automated Shopping Feature
In a major legal clash signaling the friction between traditional e-commerce and the rise of Artificial Intelligence (AI) commerce ...
Ana Fernanda Reporter 2025.11.07

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Decaf Dominates: Starbucks’ Caffeine-Free Surge Overtakes Longtime Favorite in South Korea
Decaffeinated coffee (C) Global Economic Times SEOUL—In a dramatic shift reflecting the nation’s burgeoning &ldqu ...
Hwang Sujin Reporter 2025.11.04

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Samsung Rewards HBM4 Developers with Special Stock Bonus
Samsung Electronics (C) Global Economic Times SEOUL, South Korea – Samsung Electronics has granted a special stock-bas ...
Global Economic Times Reporter 2025.11.03

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Media Titans Clash: Disney Channels Dark on YouTube TV Amid Contract Dispute
LOS ANGELES—The ongoing power struggle between major media corporations in the US has escalated, resulting in the complete b ...
Hwang Sujin Reporter 2025.11.02

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South Korea’s Media Production Staff Face Grueling Hours and Precarity Amid Push for New Labor Law
A recent survey has cast a harsh light on the persistently precarious working conditions for South Korea's broadcast production st ...
Global Economic Times Reporter 2025.11.02

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NVIDIA Hails South Korea as Global AI Epicenter, Cementing 'Alliance' with Massive GPU Deal
Global AI powerhouse NVIDIA released a powerful 3-minute, 16-second video titled 'South Korea's Next Industrial Revolution' on its ...
Pedro Espinola Special Correspondent 2025.11.02

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R.O.K. and U.S. Strike Tariff Deal with $200 Billion Cash Investment: Investment Fund Details Finalized
Gyeongju, South Korea – Presidents Lee Jae-myung of South Korea and Donald Trump of the United States reached a crucial agre ...
KO YONG-CHUL Reporter 2025.10.30

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World-OKTA Chairman Park Jong-bum 'Wins Re-election'... Garners 186 Votes
The successful re-election of World-OKTA (World Federation of Overseas Korean Traders Associations) Chairman Park Jong-bum to the ...
KO YONG-CHUL Reporter 2025.10.29

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4 Korean Teams Win at the Inaugural 2025 OKTA Global Startup Competition
Songdo, Incheon – The final round of the '2025 OKTA Global Startup Competition,' hosted by the World Federation of Overseas ...
KO YONG-CHUL Reporter 2025.10.29

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Grand Opening of the 29th World Korean Business Convention in Songdo Convensia, Incheon
The 29th World Korean Business Convention (2025 Korea BCSF Incheon) grandly opened on October 27 at Songdo Convensia in Incheon. T ...
Global Economic Times Reporter 2025.10.27

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Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification
Kostanay, Kazakhstan — Kia Corporation officially opened its second Complete Knock-Down (CKD) joint assembly plant in Kostan ...
Yim Kwangsoo Correspondent 2025.10.22

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Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy
Gmarket, now a subsidiary of the joint venture (JV) between Shinsegae Group and Alibaba Group, has unveiled an ambitious plan to i ...
Ana Fernanda Reporter 2025.10.22

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Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump 
Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announ ...
Hwang Sujin Reporter 2025.10.20

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South Korean Department Store Industry Intensifies Competition for AI-Based 'Hyper-Personalized' Shopping
The South Korean department store industry is accelerating the development of 'hyper-personalized' custom services using Artificia ...
Hwang Sujin Reporter 2025.10.19

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From Formal to 'Fine-Casual': Asia Pacific Embraces Culinary Comfort and Experience
SEOUL, South Korea — A seismic shift is underway in the Asia Pacific dining scene, with traditional fine dining making way f ...
Global Economic Times Reporter 2025.10.18

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Samsung Soars with Three-Year High Operating Profit, Driven by Memory and Mobile Momentum
SEOUL, South Korea – Samsung Electronics Co., Ltd. announced a preliminary consolidated operating profit of approximately 12 ...
KO YONG-CHUL Reporter 2025.10.15
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