Global Economic Times

2026.06.05 (Fri)
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The Lessons of Kodak’s Bankruptcy: Past Glory and Disruptive Innovation: For many, a nostalgic yearning still lingers in a corner of their memories—those days of capturing precious moments with Kod ...; KO YONG-CHUL Reporter 2026.05.18

Nexon Cancels Three Projects in Major Restructuring, Pivots Focus to Global Hits: SEOUL – South Korean gaming giant Nexon has officially shuttered the development of three upcoming titles, marking a signifi ...; Kim Sungmoon Reporter 2026.05.15

AIDC Emerges as New Growth Engine for Telcos, Filling the Void Left by Stagnant Wireless Revenues: SEOUL — South Korea’s three major telecommunications giants—SK Telecom, KT, and LG Uplus—are undergoing a ...; Yim Kwangsoo Correspondent 2026.05.15

"Capital Gains Tax Lockdown": Seoul Apartment Prices Surge as Sellers Retract Listings: SEOUL — Concerns that stringent real estate tax regulations would trigger a supply crunch and ignite a fresh rally in housin ...; Hwang Sujin Reporter 2026.05.15

Hana Financial Group Injects $750 Million into Dunamu to Spearhead Digital Asset and Blockchain Revolution: SEOUL — Hana Financial Group, one of South Korea’s leading banking giants, announced a landmark strategic investment o ...; KO YONG-CHUL Reporter 2026.05.15

South Korea-U.S. Economic Alliance Strengthened via 'X' Diplomacy: President Lee and Secretary Bessent Affirm Strategic Partnership: SEOUL — In a modern display of "digital diplomacy," South Korean President Lee Jae-myung and U.S. Treasury Secretary Scott B ...; KO YONG-CHUL Reporter 2026.05.15

Putin Expected in Beijing Following Trump’s Departure: Sino-Russian Summit Imminent This Month: BEIJING — The geopolitical landscape of Northeast Asia is bracing for another seismic shift as Russian President Vladimir Pu ...; Ana Fernanda Reporter 2026.05.15

Gyeongbuk Province to Intensely Nurture 8 'K-Global Leaders' to Expand Export Territory for Manufacturing SMEs: Gyeongsangbuk-do (Gyeongbuk Province) has taken a significant step toward transforming promising local manufacturing SMEs into maj ...; HONG MOON HWA Senior Reporter 2026.05.15

‘2026 PATA Annual Summit’ Concludes 3-Day Journey in Gyeongju and Pohang: Global Economic Times Reporter 2026.05.15

“From APEC to PATA” Gyeongbuk Emerges as a Global Tourism Hub: Gyeongsangbuk-do has once again gained international recognition for its outstanding capabilities as a global tourism hub. Followi ...; HONG MOON HWA Senior Reporter 2026.05.15

Flower of Asia-Pacific Tourism Cooperation Blooms in Gyeongju: Unveiling of 'PATA Small Garden': [Gyeongju] Gyeongju Bomun Tourist Complex, South Korea’s first designated tourist district, is transforming into a symbolic ...; HONG MOON HWA Senior Reporter 2026.05.15

"Chasing Samsung & SK Hynix": Semiconductor ETFs Soar While Inverse Products Plunge: SEOUL — As the KOSPI continues its robust upward trajectory, the South Korean Exchange-Traded Fund (ETF) market is witnessin ...; Kim Sungmoon Reporter 2026.05.14

"AI as a Shield": Fitch Affirms South Korea's Ample Fiscal Space Amid Global Headwinds: SEOUL — Fitch Ratings has identified South Korea’s burgeoning artificial intelligence (AI) industry as a critical buff ...; Desk 2026.05.14

Alleged Marital Rift Between Macrons Tied to Iranian Actress: New Claims Emerge: PARIS — A year after a high-profile physical altercation between French President Emmanuel Macron and First Lady Brigitte Ma ...; Graciela Maria Reporter 2026.05.14

U.S. to Fast-Track Acquisition of 10,000 Low-Cost Cruise Missiles to Replenish War-Depleted Stocks: WASHINGTON — The United States Department of War is moving aggressively to secure amassive arsenal of 10,000 low-cost cruise ...; Ana Fernanda Reporter 2026.05.14

South Korea to Debut KTX-SRT Combined Trains: Seat Capacity to Double, Fares to Drop: EOUL — South Korea is set to address the chronic shortage of high-speed rail seatsduring peak periods by physically linking ...; Hwang Sujin Reporter 2026.05.14

Government to Tighten Reins on Chiro-Practice Pricing: Manual Therapy to Face Strict Regulations Starting July: In a move that signals a paradigm shift in South Korea’s healthcare market, the government has announced a sweeping regulato ...; Desk 2026.05.14

Samsung Electronics Union Rejects "40 Trillion Won" Bonus Proposal, Raising Fears of General Strike: SEOUL — Tensions at Samsung Electronics have reached a boiling point as the company’s primary labor union flatly rejec ...; Global Economic Times Reporter 2026.05.14

South Korea’s Fiscal Deficit Narrows to 39.6 Trillion Won as Real Estate and Stock Market Recovery Boost Tax Revenue: SEJONG — South Korea’s fiscal health showed signs of significant improvement in the first quarter of 2026, with the bu ...; KO YONG-CHUL Reporter 2026.05.14

SK hynix CEO Kwak Noh-jung Meets Bill Gates and Satya Nadella to Solidify AI Memory Alliance: REDMOND, Wash. — In a strategic move to cement its leadership in the booming Artificial Intelligence (AI) sector, Kwak Noh-j ...; Hwang Sujin Reporter 2026.05.13

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