Global Economic Times

2026.10.21 (Wed)
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Tech Titans Continue Cuts: IBM Announces Layoffs Amid Software Pivot: Following in the footsteps of industry giants like Amazon and Meta, IBM has announced its plan to reduce its global workforce by t ...; Global Economic Times Reporter 2025.11.05

Bitcoin Tumbles Below $100,000: Market Correction or Start of a Deeper Slide?: SEOUL — The cryptocurrency market is reeling after a sharp and sudden sell-off pushed the price of Bitcoin below the crucial ...; KO YONG-CHUL Reporter 2025.11.05

South Korea's Foreign Reserves Surge to $428.8 Billion, Reclaiming 9th Global Rank: SEOUL — South Korea's foreign exchange reserves have surged for the fifth consecutive month, reaching a substantial $428.82 ...; Desk 2025.11.05

Protina, Samsung Bioepis, and Seoul National University Forge AI Partnership to Accelerate Antibody Drug Development: SEOUL—A powerful consortium comprising the drug discovery company Protina, biotech giant Samsung Bioepis, and researchers fr ...; Global Economic Times Reporter 2025.11.05

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

Fatal Drunk Driving Incident Sparks International Concern: Seoul Accident Highlights South Korea's Severity Problem: (C) Grok Image A tragic drunk driving incident in the heart of Seoul has drawn sharp criticism from Japanese media, highlightin ...; KO YONG-CHUL Reporter 2025.11.04

US Stock Market Closes Mixed Amid Tech Surge, Kospi Retreats Below 4,200: US Stock Market Closes Mixed Amid Tech Surge, Kospi Retreats Below 4,200 (C) Pixabay The US stock market concluded with mixed ...; Global Economic Times Reporter 2025.11.04

HD Hyundai’s Q3 Operating Profit Soars 295% on Shipbuilding and Transformer Boom: SEOUL, South Korea – HD Hyundai has announced a substantial surge in its third-quarter earnings, driven by a thriving shipbu ...; Hwang Sujin Reporter 2025.11.03

Seoul ₩80,000, Busan ₩600,000: 466 Individuals Sent to Prosecution for Illegal Taxi Operations at Incheon Airport: (C) Incheon Metropolitan Police Agency INCHEON, South Korea – Police have apprehended organized groups operating illegal ta ...; KO YONG-CHUL Reporter 2025.11.03

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

Influencer Breaks Silence: 200,000-Subscriber Mukbang YouTuber Alleges Sexual Assault by Taxi Driver: 200,000-Subscriber Mukbang YouTuber Alleges Sexual Assault by Taxi Driver (C) Pixabay SEOUL — A prominent South Korean m ...; Desk 2025.11.03

Deadly 6.3-Magnitude Quake Strikes Northern Afghanistan: Deadly 6.3-Magnitude Quake Strikes Northern Afghanistan (C) Pixabay A powerful magnitude 6.3 earthquake rocked northern Afgh ...; Ana Fernanda Reporter 2025.11.03

Weekly Cheese Consumption Linked to Reduced Dementia Risk in Older Adults: Weekly Cheese Consumption Linked to Reduced Dementia Risk in Older Adults (C) Pixabay A recent longitudinal cohort study from ...; Global Economic Times Reporter 2025.11.03

Philippines and Hanwha Ocean Advance Submarine Acquisition Talks: Gyeongju, South Korea – The Philippines has taken a significant step toward acquiring its first submarine fleet after Presid ...; Hwang Sujin Reporter 2025.11.02

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

E-Mart Launches 'Suneung Daebak Prayer' Sale to Boost Student Morale: SEOUL — E-Mart, a leading South Korean retailer (KRX: 139480), has announced a major promotional event to support students p ...; Hwang Sujin Reporter 2025.11.02

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

High-Stakes Standoff: Incheon Airport Duty-Free Rebid Sees 'Prudent Bidding' Take Center Stage: SEOUL — A fierce, yet cautious, battle is brewing among duty-free operators over the upcoming re-tender for prime retail spa ...; Desk 2025.11.02

Maldives Pioneers 'Smoke-Free Generation' with Lifetime Tobacco Ban: MALE, Maldives – The Maldives, the famed Indian Ocean archipelago, has made a landmark move in global public health by imple ...; KO YONG-CHUL Reporter 2025.11.02

Takaichi Cites 'Candid Dialogue' with Korea, China as APEC Achievement: Gyeongju, South Korea — Japanese Prime Minister Sanae Takaichi concluded her three-day visit to Gyeongju for the 2025 Asia-P ...; Hwang Sujin Reporter 2025.11.02