Global Economic Times

2026.04.21 (Tue)
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Luxury Polarization: Chanel Surpasses Louis Vuitton as "Heritage" Trumps Trends: (C) Apparel Resources SEOUL — In a shifting global economy, the divide within the luxury market is becoming more pronounced ...; Hwang Sujin Reporter 2026.01.01

China Unleashes $9.6 Billion in New Subsidies; Korean Tech and Auto Giants on High Alert: (C) GMK Center BEIJING/SEOUL — China is kicking off 2026 with a massive "subsidy blitz" aimed at reviving domestic consumpt ...; Yim Kwangsoo Correspondent 2026.01.01

K-Wave Evolution: K-Food and K-Beauty Hit Record Highs, Eyeing Global Expansion in 2026: (C) Pamper.My SEOUL — The global phenomenon known as the "K-Wave" is no longer just about music and drama; it has firmly sh ...; LEE YEON SIL Reporter 2026.01.01

Silicon Valley Exodus: Tech Titans Flee as California Pushes 5% Billionaire Tax: (C) Realtor.com SAN FRANCISCO – A radical proposal to levy a one-time 5% wealth tax on California’s ultra-rich has tr ...; Sharon Yoon Correspondent 2026.01.01

GM Outperforms Tesla and Ford in 2024 Stock Performance: (C) Toledo Blade DETROIT — General Motors (GM) has emerged as the top-performing auto stock among U.S.-listed carmakers in ...; Graciela Maria Reporter 2026.01.01

SpaceX, Blue Origin, and Rocket Lab: 2026 to Mark a New Era for Global Space Launch Market: (C) Teslarati As 2026 approaches, the global space launch industry is poised for an unprecedented phase of expansion, led by tita ...; Eugenio Rodolfo Sanabria Reporter 2026.01.01

Copper Prices Skyrocket 40% in 2025, Marking Best Performance in 16 Years: (C) Valley City times SEOUL – While gold and silver traditionally dominate the spotlight during precious metal rallies, 202 ...; KO YONG-CHUL Reporter 2026.01.01

JPMorgan Projects Bitcoin to Hit $170,000 as Institutional Adoption Accelerates: (C) Watcher Guru As the digital asset market moves toward a new era defined by regulatory clarity, institutional integration, and ...; Desk 2026.01.01

KT Faces Mass Exodus: 6,000 Subscribers Jump Ship on First Day of Penalty Waiver: (C) KT SEOUL — KT Corporation is witnessing a significant wave of customer departures following its decision to waive contr ...; Hwang Sujin Reporter 2026.01.01

Jeju Authorities Crack Down on Illegal Accommodations Disguised as Short-Term Rentals: (C) Medium JEJU ISLAND – The Jeju Provincial Autonomous Police announced on Tuesday that they have uncovered a significant ...; KO YONG-CHUL Reporter 2026.01.01

Chronic Labor Shortage Hits Korea’s Tech Sector: "Hiring Newcomers is No Longer an Option, But a Necessity": (C) Samsung Despite a steady increase in the number of industrial technical workers, South Korea’s tech sectors continue to ...; KO YONG-CHUL Reporter 2026.01.01

Mexico Imposes Sharp Tariffs on Korean Imports Amid US Trade Pressure: (C) Deccan Chronicle MEXICO CITY — Starting January 1, 2026, Mexico will implement a sweeping tariff hike on 1,463 strategi ...; Ana Fernanda Reporter 2026.01.01

KT Announces Compensation Plan for Massive Cyber Breach: Termination Fee Waivers and 100GB Data Bonus: (C) KT Enterprise KT Corporation, one of South Korea’s leading telecommunications giants, officially announced a comprehe ...; Global Economic Times Reporter 2025.12.30

Samsung Electronics’ Semiconductor Division Sees Bonus Surge to 48% of Annual Salary: SEOUL – Samsung Electronics announced its estimated year-end performance incentives for 2025 on Tuesday, revealing a dramati ...; JEONG CHAN MYEONG Senior Reporter 2025.12.30

KOSPI Surges 75.62% in 2025, Marking Highest Annual Growth Since 1999: SEOUL — The South Korean stock market concluded its final trading session of 2025 on a historic high, recording its most sig ...; Hwang Sujin Reporter 2025.12.30

Korea Investment & Securities Hits 1 Trillion KRW Milestone with Nation’s First IMA Over 20,000 individual investors flock to the principal-protected account; average investment reaches 43 million KRW.: SEOUL — Korea Investment & Securities (KIS) announced on Tuesday that more than 20,000 individual investors flocked to t ...; Global Economic Times Reporter 2025.12.30

Korea to Replace Prison Terms with Hefty Fines for Corporate Misconduct; Max Penalty for Retail Giants Up Tenfold: SEOUL – The South Korean government and the ruling party announced on Tuesday a sweeping reform of economic punishment regul ...; KO YONG-CHUL Reporter 2025.12.30

Hyundai Likely to Forfeit Buyback Option on Russian Plant Amid Geopolitical Stasis: (C) bne IntelliNews SEOUL — Hyundai Motor Company is facing a grim reality regarding its production future in Russia. Accor ...; Graciela Maria Reporter 2025.12.30

“Stories of Overseas Koreans Tailored to Student Perspectives... On-site Education for Over 6,000 Students Nationwide”: (C) Overseas Koreans Agency (OKA) The Overseas Koreans Agency (Commissioner Kim Kyoung-hyup) announced that throughout 2025, ...; KO YONG-CHUL Reporter 2025.12.30

Breaking Boundaries and Opening Paths for Solidarity... The 4th AoA International Awards Concludes Successfully: The "2025 4th AoA International Awards" and the "K-ars Opera Society Corporate Establishment Founders' Meeting," which marked the ...; KO YONG-CHUL Reporter 2025.12.30