Global Economic Times

2026.06.05 (Fri)
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BC Card Secures Patent for Blockchain-Based ‘Asset Authentication NFT’ to Protect Wealth in Financial Emergencies: SEOUL – In an era where digital stability is as crucial as financial liquidity, BC Card, a leading South Korean payment proc ...; KIM YOUNG MIN 2026.03.16

Shinil Electronics Eyes KRW 200 Billion Revenue Target Through Product Diversification and Digital Transformation: Shinil Electronics, South Korea’s undisputed leader in the electric fan market, has officially announced a strategic roadmap ...; Kim Sungmoon Reporter 2026.03.16

Jeju Bank Leapfrogs into 'Tech-fin' Powerhouse: AI Now Screens Over Half of Corporate Loans: Jeju Bank is accelerating its transition into a digital platform bank by deploying a proprietary Artificial Intelligence (AI)-base ...; Hwang Sujin Reporter 2026.03.16

Global Food Delivery Giants Hit Record Highs: Subscription and Quick-Commerce Emerge as Key Growth Engines: (C) Carlist In a year marked by economic uncertainty, the world’s leading food delivery platforms have defied market expe ...; Ana Fernanda Reporter 2026.03.16

Gas Prices Edge Lower on First Weekend of Price Cap Amid Middle East Tensions: SEOUL — South Korea’s domestic fuel prices maintained a downward trend over the first weekend since the implementation ...; Desk 2026.03.16

BYD Set to Break Record: Fastest Import Car Brand to Hit 10,000 Sales in Korea: BYD, the global electric vehicle giant, is on the verge of rewriting the history of the South Korean imported car market. Accordin ...; KO YONG-CHUL Reporter 2026.03.16

Nongshim Adopts Google Workspace Powered by Gemini: A New Era of AI-Driven Collaboration in the Food Industry: In a move that signals a significant shift in the enterprise collaboration landscape, Nongshim, South Korea's leading food and bev ...; Global Economic Times Reporter 2026.03.16

5G Specialized Networks Emerge as Core Infrastructure for Physical AI: South Korea on Track to Surpass Annual Targets: (C) Factcheck.bg SEOUL – As the wave of Physical Artificial Intelligence (AI) and AI Transformation (AX) sweeps through t ...; Desk 2026.03.16

GBSA Emerges as Digital Security Powerhouse, Top-Ranked in Provincial Security Assessment: (C) Cimatri SUWON, GYEONGGI — The Gyeonggi Business & Science Accelerator (GBSA), led by Executive Director Kim Hyun- ...; Global Economic Times Reporter 2026.03.16

China Dominates "Matter" Smart Home Standards with 40% Share, Raising Alarms for Korean Competitors: SEOUL — A stark divide has emerged in the global smart home market as Chinese home appliance manufacturers rapidly consolida ...; Global Economic Times Reporter 2026.03.16

The Waves of Hormuz and South Korea’s Choice: We Must Not Be Swept Away by Irrational Militarism: The turmoil in the Middle East is plunging into pitch-black darkness. As the U.S. Central Command conducted precision strikes on I ...; KO YONG-CHUL Reporter 2026.03.15

Price Fixing in the Pork Industry: Nine Processors Fined 3.1 Billion Won for Colluding on Supply Prices to E-Mart: SEOUL – In a landmark move to curb unfair trade practices in the food industry, South Korea's antitrust watchdog has imposed ...; Global Economic Times Reporter 2026.03.15

Google Reinvents Maps: The 'Spatial AI' Revolution Powered by Gemini: MOUNTAIN VIEW — Google has officially declared a "reinvention of the map." By integrating its advanced artificial intelligen ...; Global Economic Times Reporter 2026.03.15

Flashpoint in the Gulf: U.S. HIMARS Fire Toward Iran from Bahraini Soil, Signalling Shift to All-Out War: MANAMA, Bahrain — The geopolitical landscape of the Middle East shifted violently this week as evidence emerged that U.S. fo ...; Pedro Espinola Special Correspondent 2026.03.15

U.S. Places $10 Million Bounty on Iran’s New Supreme Leader Mojtaba Khamenei: WASHINGTON D.C. — In a dramatic escalation of pressure on the Iranian regime, the Donald Trump administration announced on F ...; KO YONG-CHUL Reporter 2026.03.15

KRW Touches 1,500 Mark Amid Middle East Turmoil and Sticky U.S. Inflation: SEOUL – The South Korean won breached the psychologically significant 1,500 level against the U.S. dollar in overnight tradi ...; Kim Sungmoon Reporter 2026.03.15

The Red Line: Anthropic Blacklisted as U.S. Demands AI Subservience to Military Command: WASHINGTON D.C. — In a move that has sent shockwaves through Silicon Valley and the Pentagon alike, the Trump administration ...; KO YONG-CHUL Reporter 2026.03.15

Gas Prices See Double-Digit Drop on Second Day of Price Cap; Gap Between Gasoline and Diesel Narrows: SEOUL – South Korea's nationwide average fuel prices continued their sharp descent for the second consecutive day following ...; KIM YOUNG MIN 2026.03.15

Apple to Disrupt Foldable Market: First "Foldable iPhone" Expected This Fall with Beast-Level Specs: CUPERTINO – The long-awaited "Foldable iPhone" is finally moving from rumor to reality. As of March 2026, industry insiders ...; Graciela Maria Reporter 2026.03.15

Musk Blamed for Cybertruck FSD Failure: Tesla Faces $1 Million Lawsuit in Texas: HARRIS COUNTY, TX — Tesla and its CEO, Elon Musk, are facing a high-stakes legal battle as a new lawsuit seeking over $1 mil ...; Myung Sun Yim Correspondent 2026.03.15