Global Economic Times

2026.10.20 (Tue)
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Financial Policy Command Center Moves to Sejong... The Divergent Fates of the FSC and FSS: The Financial Services Commission (FSC), which oversees overall financial policy, will relocate to Sejong City in the second half ...; HONG MOON HWA Senior Reporter 2026.10.14

KakaoBank Launches Check Card with Daily Benefit Customization: KakaoBank released "KakaoBank The Check Card" on the 14th, a check card that allows users to change their benefits once a day. Th ...; Kim Young Min Reporter 2026.10.14

NH Investment & Securities Expands 'Digital Ultra-High-Net-Worth' Services: NH Investment & Securities announced on the 14th that it is expanding its dedicated digital ultra-high-net-worth (UHNW) servic ...; Kim Sungmoon Reporter 2026.10.14

Hanwha Life Launches 'Life Insurance You Use When Needed': Hanwha Life announced on the 14th that it has launched the 'Hanwha Life Life Insurance You Use When Needed,' a product that provid ...; Desk 2026.10.14

Korea Investment & Securities Launches AI-Powered "Audible Research" Service: Korea Investment & Securities announced on the 14th that it has launched the "Audible Research" service, allowing users to lis ...; Desk 2026.10.14

Ending the Practice of Higher Brokerage Fees for Branch-Opened Accounts Compared to Online: FSS: "Strengthening investor guidance to allow choices other than automatically designating high-commission managed accounts."The ...; Hwang Sujin Reporter 2026.10.14

BOK Governor: "Korea's Economy Shows Distinct K-Shaped Divergence… Monetary Policy is Absolutely Crucial": BANGKOK — Attending the IMF Annual Meetings in Bangkok, Bank of Korea (BOK) Governor Shin Hyun-song warned against the deepe ...; Desk 2026.10.14

Number of Hacked Financial Companies Increases to 16… Authorities Say "100,000 Records of Information Leaked": The number of financial companies that have suffered customer information leakage due to artificial intelligence (AI) hacking has ...; Global Economic Times Reporter 2026.10.14

FSS Raises Compliance Whistleblower Reward to Up to KRW 1 Billion for Secondary Financial Sector: The Financial Supervisory Service (FSS) is significantly increasing the maximum compliance whistleblower reward to KRW 1 billion f ...; Desk 2026.10.14

Are the 7 Million Overseas Koreans Completely Ignored?... "From Jeju and Incheon, Now to Sejong": The Overseas Koreans Agency, which opened in Incheon in June 2023, has been confirmed for relocation to Sejong City after just abo ...; KO YONG-CHUL Reporter 2026.10.14

Middle schoolers mobilized for gambling rings, living in luxury... UAE international cooperation leads to the arrest of mastermind behind 3 trillion won illegal gambling operation: The government has apprehended three masterminds behind illegal gambling sites totaling 3.1 trillion won through international coo ...; KO YONG-CHUL Reporter 2026.10.14

DRC Ebola Cases Surpass 9,000: An Increase of 1,000 in Just Two Weeks: The cumulative number of Ebola confirmed cases in the Democratic Republic of Congo (DRC) has surpassed 9,000. According to Reuter ...; Pedro Espinola Special Correspondent 2026.10.14

US Pushes to Deploy Special Task Force to the Korean Peninsula—Is It Also Targeting China?: General Xavier Brunson, Commander of US Forces Korea (USFK), has cited the strengthening of surveillance and detection capabilitie ...; KO YONG-CHUL Reporter 2026.10.14

Nicaragua Rejects US Ambassador Nominee; State Department Recalls Chargé d'Affaires: After Nicaragua rejected the incoming U.S. ambassador nominee, the U.S. State Department recalled the chargé d'affaires lea ...; Greace Nunez Correspondent 2026.10.14

14-Year-Old Opens Fire at French Middle School, Injuring Three: "He Was a Friendly Classmate," Says Shocked Student: A 14-year-old boy opened fire at a middle school near Marseille, France, injuring three people, including a teacher. According to ...; Kim Young Min Reporter 2026.10.14

Spanish King Visits Ceuta Amid Tensions with Morocco: "Sovereignty is Not Up for Negotiation": The King of Spain has visited Ceuta, the Spanish enclave in North Africa caught in a sovereignty dispute with Morocco. This marks ...; Graciela Maria Reporter 2026.10.14

6,800 Arrested in French Student Protests... Warning of a Return to the "1968 Revolution": As French student protests entering their near-month-long streak continue, slogans are emerging threatening to recreate the "1968 ...; Ana Fernanda Reporter 2026.10.14

OpenAI Saudi Employee Arrested by FBI for Allegedly Planting Recording Device in Executive Boardroom: A Saudi national and OpenAI engineer has been arrested by the Federal Bureau of Investigation (FBI) on charges of planting a recor ...; Ana Fernanda Reporter 2026.10.14

Masterpiece by Van Gogh Revealed to the World After 60 Years… Expected to Set New Auction Record at $180 Million: A painting created by Vincent van Gogh just before his death has been revealed to the public for the first time in over 60 years. ...; KO YONG-CHUL Reporter 2026.10.14

"Pbali-pbali South Korea, Falling Behind is Worthy of Concern" Plummets from 1st to 22nd… Behind Even Vietnam and Thailand: South Korea's internet speed, which was once at the highest level in the world, has been shown to lag behind Vietnam and Thailand. ...; KO YONG-CHUL Reporter 2026.10.14