Global Economic Times

2026.04.26 (Sun)
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IMF Downgrades South Korea's Path to $40,000 Per Capita GDP, Citing Global Uncertainties: SEOUL - South Korea's ascent to a $40,000 per capita GDP milestone is expected to take longer than previously anticipated, accordi ...; KO YONG-CHUL Reporter 2025.04.28

China's DeepSeek Issues Korean Privacy Policy Following Government Scrutiny: SEOUL, South Korea - Chinese generative AI developer DeepSeek has implemented a Korean-language 'Privacy Policy', a move seen as a ...; KO YONG-CHUL Reporter 2025.04.28

Long-Ruling Sika Deer on Anma Island Declared 'Harmful Wildlife' as Government Acts on Ecological Crisis: ANMA ISLAND, SOUTH KOREA - Decades of ecological disruption and agricultural devastation caused by an out-of-control population of ...; KIM YOUNG MIN 2025.04.28

Incheon Bakeries Busted for Storing Expired Ingredients, Violating Food Safety Laws: INCHEON, SOUTH KOREA - Authorities in Incheon have cracked down on several food establishments, including prominent bakery cafes, ...; KO YONG-CHUL Reporter 2025.04.28

Fierce Competition for Busan Public Sector Jobs as Application Numbers Soar: Busan, South Korea – The allure of public sector employment in Busan remains strong, as evidenced by the intensely competit ...; Desk 2025.04.28

Toyota Korea Amplifies After-Sales Service with New Mega Parts Center: SIHEUNG, South Korea – Toyota Korea is significantly bolstering its after-sales service capabilities with the grand opening ...; Hwang Sujin Reporter 2025.04.28

Seoul Bets Big on Chicken to Boost Public Delivery App "Ttanggyeoyo": The Seoul Metropolitan Government has launched a bold initiative for its public delivery app, "Ttanggyeoyo" (땡겨요, meaning "It pull ...; Hwang Sujin Reporter 2025.04.28

South Korean Self-Employed Face Mounting Debt Amid Economic Slump: SEOUL - South Korea's self-employed sector is facing a growing financial strain, with debt levels soaring to over three times thei ...; Desk 2025.04.28

Voice Phishing Scams in South Korea Surge, Targeting Older Demographics: A concerning surge in voice phishing (phone-based financial fraud) has been reported in South Korea during the first quarter of 20 ...; Hee Chan Kim Reporter 2025.04.28

"May Donghaeng Festival" to Boost National Spending, Support Small Businesses: South Korea is set to launch the "May Donghaeng Festival," a nationwide initiative aimed at stimulating consumer spending and supp ...; Hwang Sujin Reporter 2025.04.28

Semiconductor Giants Pivot to Advanced DRAM Amid China's Low-Price Onslaught: SEOUL, South Korea - Leading semiconductor manufacturers, including South Korean giants Samsung Electronics and SK Hynix, along wi ...; KO YONG-CHUL Reporter 2025.04.28

South Korea Mandates Bi-Annual Safety Inspections for Motorcycles, Introduces Tuning Checks: In a move to enhance road safety and regulate modifications, South Korea has implemented mandatory bi-annual safety inspections fo ...; Kim Sungmoon Reporter 2025.04.28

South Korea Hikes Train Ticket Cancellation Fees and Fare Evasion Penalties on Peak Days: SEOUL, South Korea – In a move to combat "no-show" passengers and deter fare evasion, South Korea's Ministry of Land, Infras ...; KO YONG-CHUL Reporter 2025.04.28

Travel Troubles Rise in South Korea as Overseas Trips Surge: As South Koreans eagerly plan overseas vacations for the upcoming Family Month in May, a concerning trend of travel-related scams ...; Hwang Sujin Reporter 2025.04.28

SK Telecom Faces Mass USIM Replacement After Hack, Limited Supply Sparks Concern: SEOUL, South Korea - South Korean telecommunications giant SK Telecom is scrambling to replace the USIM cards of its 23 million su ...; Desk 2025.04.28

SK Telecom Faces Logistical Nightmare After USIM Hack Affects 25 Million Users: SEOUL, South Korea - SK Telecom, the leading mobile carrier in South Korea, is scrambling to contain the fallout from a recent hac ...; Desk 2025.04.28

Teen Cannabis Use Rises in Canada Post-Legalization, Sparking Health Concerns: Toronto, Canada - A new study published in the medical journal 'AMA Network Open' has ignited debate over Canada's 2018 nationwide ...; Ana Fernanda Reporter 2025.04.28

Vehicle Rams into Crowd at Vancouver Filipino Festival, Killing Multiple People; Suspect Arrested, Terrorism Ruled Out: Vancouver, BC, Canada – A joyous celebration turned into a scene of horror on Saturday evening when a vehicle careened into ...; Global Economic Times Reporter 2025.04.28

Paraguayan Indigenous Community Connects to the Digital World with Free WiFi Project: The Sawhoyamaxa indigenous community of the Enxet tribe, located in Pozo Colorado, Presidente Hayes region of Paraguay, is experie ...; Yim Kwangsoo Correspondent 2025.04.28

Paraguay Aspires to Become a Digital Innovation Hub: Accelerating the Creation of a Digital District: Paraguay, a landlocked country in South America, is preparing to leap forward as an innovation hub for the Information and Communi ...; Graciela Maria Reporter 2025.04.28