Global Economic Times

2026.06.05 (Fri)
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Chinese Automakers Pivot to Global Markets as Domestic Demand Falters and Oil Prices Soar: As high international oil prices reshape global consumer behavior, Chinese automakers are aggressively accelerating their overseas ...; Eugenio Rodolfo Sanabria Reporter 2026.05.04

"Transit Toll" Threats Turn into Reality? Bulk Carrier Ambushed by Mysterious Small Crafts in the Strait of Hormuz: SIRIK, Iran — Tensions in the world’s most vital oil chokepoint reached a fever pitch on Sunday as a commercial bulk c ...; Ana Fernanda Reporter 2026.05.04

Van Gogh Museum Restaurant Sparks Controversy Over ‘Japanese’ Labeling of Kimchi: AMSTERDAM — A restaurant located within the world-renowned Van Gogh Museum in Amsterdam has come under fire for a menu descr ...; Yim Kwangsoo Correspondent 2026.05.04

Fear Over Liability: Why 96% of Korean Elementary Teachers Are Saying ‘No’ to Field Trips: SEOUL — For decades, the school field trip was a rite of passage for South Korean students—a chance to escape the chal ...; KO YONG-CHUL Reporter 2026.05.04

'Lotto Apartment' Fever: Seoul Sees 90,000 Applications in March as Subscription Market Heats Up: The South Korean real estate market witnessed a dramatic surge in home subscription activities this spring. According to data rele ...; Hwang Sujin Reporter 2026.05.04

‘K-Satellite’ Takes Flight: South Korea Ushers in Private-Led Space Era with Successful Launch of CAS500-2: SEOUL – South Korea has officially expanded its "space territory" as the Next-Generation Medium Satellite No. 2 (CAS500-2) s ...; KO YONG-CHUL Reporter 2026.05.04

Samsung Electronics Shuffles TV Leadership Amid Intensifying "Emergency Management" and Market Headwinds: SEOUL – Samsung Electronics, the world’s leading television manufacturer, announced a high-profile leadership reshuffl ...; Desk 2026.05.04

South Korea’s Energy Relief Fund Hits 76% Application Rate in Debut Week; ₩1.4 Trillion Distributed: SEOUL – In a rapid response to the burgeoning financial pressure of global energy costs, South Korea’s "High Oil Price ...; Global Economic Times Reporter 2026.05.04

Hyundai Steel to Spearhead Next-Gen Power Infrastructure as Future Growth Engine: SEOUL – Hyundai Steel announced on Thursday its strategic roadmap to dominate the burgeoning next-generation power infrastru ...; Desk 2026.05.02

"Life-Risking Escape from Hormuz": Over 200 Vessels Flee Amid Iran Conflict: TEHRAN/MUSCAT – Two months into the escalating military conflict between Iran and the U.S.-Israel alliance, the Strait of Ho ...; Global Economic Times Reporter 2026.05.02

"Sit by My Bed for 2 Hours Instead of Delivering Food": An Ambitious Relay of Compassion for a Young Cancer Patient: FOSHAN, China – In an era where food delivery apps are synonymous with speed and transactional efficiency, a poignant reques ...; Min Gyu Mi Reporter 2026.05.02

How Long Can You Stand on One Leg? 5 Simple Tests to Reveal Your ‘Biological Age’: While your birth certificate tracks the years gone by, your "biological age"—the actual state of your physical health— ...; Hee Chan Kim Reporter 2026.05.02

Trump Sons Under Scrutiny Over Stakes in Kazakhstan Tungsten Mine Tied to $1.7B U.S. Support: WASHINGTON D.C. — Ethical alarms are ringing across the capital as reports surface that Donald Trump Jr. and Eric Trump, the ...; Graciela Maria Reporter 2026.05.02

Iran Accuses U.S. of Manipulating War Costs, Claiming $100 Billion Squandered in "Netanyahu’s Gamble": TEHRAN – Abbas Araghchi, Iran’s Minister of Foreign Affairs, launched a scathing verbal assault on the United States D ...; Pedro Espinola Special Correspondent 2026.05.02

AI Meets Tradition: New "Kyudo Global" App Revolutionizes Archery Training with Real-Time Motion Analysis: SEOUL — In a striking blend of ancient tradition and cutting-edge technology, a new mobile application titled "Kyudo Global" ...; KO YONG-CHUL Reporter 2026.05.02

China Halts Sulfuric Acid Exports, Triggering Global 'Raw Material Shock': BEIJING – Global metal and fertilizer markets are bracing for a massive supply chain disruption as China, the world's larges ...; Global Economic Times Reporter 2026.05.02

Oil Prices Hit $126 Peak Before Plunging as Hormuz Crisis Triggers 'Rollercoaster' Trade: HOUSTON – Global energy markets witnessed a day of extreme volatility on Thursday, with oil prices surging to their highest ...; Sharon Yoon Correspondent 2026.05.02

Lim Tae-hee Pledges to Ease School Uniform Costs, Proposing 400,000 Won Support for Casual Wear: Suwon, Gyeonggi Province — Lim Tae-hee, a preliminary candidate for the Gyeonggi Provincial Superintendent of Education, has ...; Kim Sungmoon Reporter 2026.05.02

President Lee Commemorates Labor Day: "Breaking the Dichotomy Between Pro-Business and Pro-Labor for 'Genuine Growth'": SEOUL – In a historic move, President Lee Jae-myung hosted the first-ever Labor Day ceremony at the Blue House Yeongbingwan ...; Hwang Sujin Reporter 2026.05.02

Samsung Electronics Kicks Off 'AI Soccer Mode' Trade-In Promotion Ahead of 2026 World Cup: SEOUL, South Korea — With the world’s biggest football event just around the corner, Samsung Electronics has officiall ...; Desk 2026.05.02