Global Economic Times

2026.07.21 (Tue)
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Focus Shifts from Rates to Rhetoric: Markets On Edge for Fed Chair Warsh’s Debut Message at June FOMC: SEOUL — Having successfully digested the latest round of inflation data, global financial markets are turning their undivide ...; KO YONG-CHUL Reporter 2026.06.15

Banks Lock in Corporate Funds with 3% Deposit Rates to Counter 'Money Move' Risks: SEOUL — South Korean commercial banks are aggressively raising interest rates on fixed-term deposits to the 3% range. Driven ...; Kim Sungmoon Reporter 2026.06.15

South Korea’s Permanent Jobs Shrink for First Time in 26 Years: A Severe Blow to the 2030 Generation: SEOUL — South Korea’s labor market has hit a major roadblock as permanent employment contracted for the first time in ...; Hwang Sujin Reporter 2026.06.15

LS Cable & System Clinches Phase 2 of East Coast–Seoul HVDC Project, Solidifying National Grid Leadership: SEOUL — LS Cable & System announced on Monday, June 15, 2026, that it has successfully secured the contract for the seco ...; Desk 2026.06.15

KOSPI Soars at Market Open, Triggering Buy Sidecar on U.S.-Iran Peace Agreement: SEOUL — The South Korean benchmark KOSPI index experienced a dramatic surge immediately after the opening bell on Monday, tr ...; KO YONG-CHUL Reporter 2026.06.15

Trump Announces End of Iran War; Hormuz Strait Reopened Tol-Free: WASHINGTON — In a dramatic and historic turn of events, U.S. President Donald Trump announced on Sunday that the United Stat ...; Global Economic Times Reporter 2026.06.15

AI Laptops to Cross 50% Market Share Next Year as PC Giants Launch Full-Scale Offensive: SEOUL — The global personal computer (PC) industry is undergoing a seismic shift, with the transition toward Artificial Inte ...; Graciela Maria Reporter 2026.06.14

U.S. Imposes Drastic Export Controls on Anthropic’s Cutting-Edge ‘Mythos’ AI, Triggering Fierce Industry Backlash: WASHINGTON — In an unprecedented escalation of state intervention in the artificial intelligence sector, the United States g ...; KO YONG-CHUL Reporter 2026.06.14

'K-Medicine' Sweep Drives Foreign Medical Spending in Korea to Record High of 250 Billion Won: - Over-the-counter items like skin regeneration creams, acne treatments, and traditional pain-relief patches fuel the retail boom. ...; Hee Chan Kim Reporter 2026.06.14

Tyra Banks Sues Netflix Over ‘Malicious Editing’ in America’s Next Top Model Exposé Documentary: SAN FRANCISCO — Tyra Banks, the iconic supermodel turned television mogul, has filed a high-profile defamation lawsuit again ...; Hannah Yeh Reporter 2026.06.14

"More Than in Winter": Why Stray Cats Hide in Car Engine Rooms in June: The sight of a stray cat curled up inside a car's engine room is a familiar story during the freezing winter months, as animals lo ...; Ana Fernanda Reporter 2026.06.14

121 Seconds Was All It Took: Cyle Larin Rescues Host Nation Canada to Secure Historic First-Ever World Cup Point: TORONTO — When the pressure was at its absolute peak, Canada’s all-time leading goalscorer reminded the world exactly ...; Greace Nunez Correspondent 2026.06.14

Jung-hoo Lee’s Historic 18-Game Hitting Streak Comes to an End Against the Cubs: SAN FRANCISCO — The historic hitting streak that captivated baseball fans across South Korea and San Francisco has finally c ...; Sharon Yoon Correspondent 2026.06.14

Beyond the Numbers: The Science of ‘11 Brix’ and the Secret to Picking the Perfect Watermelon: SEOUL — As the scorching summer heat begins to settle over the Korean Peninsula, supermarkets and local grocery stores are p ...; Kim Sungmoon Reporter 2026.06.14

Mirae Asset Fails to Secure SpaceX IPO Shares, Dealing a Blow to Domestic ETF Portfolios: SEOUL — Mirae Asset Securities, which participated as an underwriter in the highly anticipated initial public offering (IPO) ...; Global Economic Times Reporter 2026.06.14

Your Daily Tumbler Isn't Forever: Why That Insulated Mug Has a One-Year Expiration Date on Vital Parts: As global campaigns to reduce single-use plastic cups continue to gain massive traction, carrying a reusable thermal tumbler has s ...; Hwang Sujin Reporter 2026.06.14

'The No. 9 America Was Longing For': Balogun Shines as USA Rips Through Paraguay’s Defense: INGLEWOOD, Calif. — Folarin Balogun left no room for doubt as to why he is currently the most anticipated and talked-about s ...; Eunsil Ju Reporter 2026.06.14

U.S. Forces Eliminate Fugitive Leader of Notorious Venezuelan Megagang 'Tren de Aragua' in High-Stakes Military Operation: WASHINGTON — In a major blow to transnational organized crime, Héctor Rusthenford Guerrero Flores—better known ...; Global Economic Times Reporter 2026.06.14

President Lee Demands End to Stock Manipulation via Media: “Return to Honest Journalism”: SEOUL — President Lee Jae-myung issued a stern warning against corrupt media practices over the weekend, calling for an imme ...; Desk 2026.06.14

“No Tickets, No Problem; We Are Here For the Vibe” – 100,000 ARMYs Converge on Busan for BTS: - Total attendance estimated at 200,000 over two days; members surprise fans with handwritten cards. BUSAN — “I don&r ...; Global Economic Times Reporter 2026.06.14