Global Economic Times

2026.07.22 (Wed)
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National Assembly Passes 26.2 Trillion Won 'Energy Crisis' Extra Budget; Up to 600,000 Won in Cash Relief: The National Assembly passed a 26.2 trillion won ($19.2 billion) supplementary budget on April 10 to mitigate the economic impact ...; KO YONG-CHUL Reporter 2026.04.13

"Breaking Semiconductor Limits Through Immutable Laws of Physics," says Wonik IPS Advisor: JEJU, South Korea — As the semiconductor industry faces unprecedented technical hurdles, a clear consensus has emerged: the ...; Hwang Sujin Reporter 2026.04.13

South Korea Enters the Era of '100 AI Medical Devices Annually': Advancing into High-Complexity Clinical Fields: SEOUL – South Korea’s medical artificial intelligence (AI) sector has reached a significant turning point, with more t ...; KO YONG-CHUL Reporter 2026.04.13

K-Platform Power: Olive Young and Musinsa to Spearhead Global Expansion for SMEs: SEOUL — South Korea is accelerating its "K-Export" momentum by leveraging the global reach of its dominant retail platforms. ...; Desk 2026.04.13

Lee Je-bok, CEO of Annashel: "Fostering 100 Century-Old Companies to Strengthen National Competitiveness": Lee Je-bok, CEO of Annashel and a veteran of the Korean small home appliance industry, has emphasized the vital need to foster "lo ...; Global Economic Times Reporter 2026.04.13

Samsung Electro-Mechanics to Build New 'MLCC Embedded Substrate' Line in Vietnam to Lead AI Market: VIETNAM – Samsung Electro-Mechanics (SEMCO) is making a bold move to dominate the booming Artificial Intelligence (AI) semic ...; Global Economic Times Reporter 2026.04.13

U.S. to Enforce Total Naval Blockade on Iran as Hormuz Tensions Reach Breaking Point: WASHINGTON D.C. – In a dramatic escalation of Middle East tensions, the United States military is set to launch a full-scale ...; Ana Fernanda Reporter 2026.04.13

The Great Incursion: Chinese EV Titans Set to Flood South Korean Market: SEOUL – The South Korean automotive landscape is bracing for a seismic shift as China’s leading electric vehicle (EV) ...; Global Economic Times Reporter 2026.04.13

A Korean restaurant where you can enjoy Korean and Halal food anytime: https://youtu.be/Yzraugq7AAg?si=rtl1tBwIwyoWbCzf; LEE YEON SIL Reporter 2026.04.13

A Korean restaurant where you can enjoy Korean and Halal food anytime: https://youtu.be/5iVK6z9Rrp8?si=Thdxu2QZ42TdoTU5; Global Economic Times Reporter 2026.04.13

$2 Million Per Ship: Iran’s "Hormuz Toll" Emerges as Chokepoint in Peace Talks: (C) IBT ISLAMABAD — As delegations from Washington and Tehran converge in Islamabad this Friday for high-stakes direct ne ...; Pedro Espinola Special Correspondent 2026.04.10

Middle East Ceasefire in Peril: Trump Shifts Stance on Lebanon After Call with Netanyahu: (C) France 24 WASHINGTON — A fragile diplomatic breakthrough in the Middle East is facing its first major crisis as U.S. Pr ...; Pedro Espinola Special Correspondent 2026.04.10

Trump Warns Iran Against Hormuz Tolls as "Joint Venture" Talk Recedes: (C) India Today U.S. President Donald Trump has issued a stern public warning to Tehran over reports that Iran is moving to imp ...; Eugenio Rodolfo Sanabria Reporter 2026.04.10

Iran’s New Supreme Leader Signals Escalation: "New Level" of Hormuz Control and Demands for "Blood Money": (C) YOUTUBE TEHRAN — In a defiant move that threatens the stability of the recently brokered ceasefire, Iran’s newl ...; Ana Fernanda Reporter 2026.04.10

Anthropic Explores In-House AI Chip Development to Break Hardware Bottlenecks: SAN FRANCISCO — Anthropic, the high-profile artificial intelligence startup backed by industry titans such as Amazon and Goo ...; Global Economic Times Reporter 2026.04.10

President Lee’s Approval Rating Hits Record High of 67% for Second Consecutive Week: Gallup Korea: President Lee Jae-myung’s job approval rating has reached 67%, marking its highest level since his inauguration for two week ...; KO YONG-CHUL Reporter 2026.04.10

Chungnam Greenlights Landmark K-Pop Dome Stadium Project for 2031 Completion: South Chungcheong Province (Chungnam) has officially embarked on a transformative journey to establish itself as a global epicente ...; HONG MOON HWA Senior Reporter 2026.04.10

Sustainable Home Appliances Take Center Stage as LG Best Shop Sees Surge in Spring Shoppers: As the spring wedding and moving season reaches its peak, LG Electronics Best Shops across South Korea are bustling with activity. ...; KO YONG-CHUL Reporter 2026.04.10

South Korea to Conduct First Nationwide Census of Public AI Training Data: 100 Key Datasets Target Public Release: SEOUL — In a strategic move to solidify the nation’s standing in the global artificial intelligence race, the South Ko ...; Desk 2026.04.10

BOK Holds Rate Steady for Seventh Consecutive Meeting, Signaling End of Easing Cycle: The Bank of Korea (BOK) on Friday maintained its benchmark interest rate at 2.50%, marking the seventh consecutive session of stat ...; Global Economic Times Reporter 2026.04.10