Global Economic Times

2026.10.23 (Fri)
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Seoul Studio Apartment Rents and Deposits Dip Slightly in November: Seoul, South Korea – The average monthly rent and security deposit for studio apartments in Seoul experienced a modest decli ...; Global Economic Times Reporter 2024.12.30

South Korea's Big Five Banks Slash Deposit Rates Amid Central Bank Easing: Seoul, South Korea – [Date] – South Korea's five largest commercial banks have collectively announced reductions in th ...; Desk 2024.12.30

35 Vehicles Vying for South Korea's 'Car of the Year' Title: Seoul, South Korea – A diverse range of 35 vehicles, including electric vehicles, hybrids, and traditional internal combusti ...; Desk 2024.12.30

Hyundai Ioniq 5 Sets New Guinness World Record with Epic Indian Road Trip: Hyundai Motor Company has announced that its all-electric Ioniq 5 has set a new Guinness World Record for the greatest altitude ch ...; Eugenio Rodolfo Sanabria Reporter 2024.12.30

Hyundai Palisade Leads SUV Market, Becoming a Household Name: Hyundai's Palisade has emerged as a dominant force in South Korea's SUV market, leading the way for the SUV's mass adoption. Acco ...; Graciela Maria Reporter 2024.12.30

Mercedes-Benz E200 Crowned Safest Car in Korea: Seoul, South Korea – Mercedes-Benz Korea announced today that its E200 model has been awarded the top prize in the 2024 Kore ...; KO YONG-CHUL Reporter 2024.12.30

South Korea Boosts Housing Support for Newlywed Couples with Newborns: Seoul, South Korea – In a bid to address the country's declining birthrate, the South Korean government has announced a sign ...; KO YONG-CHUL Reporter 2024.12.30

South Korea to Slash Rice Production Amidst Oversupply: Seoul, South Korea – The South Korean government has announced a significant reduction in rice cultivation to address the pe ...; ONLINE TEAM 2024.12.30

Soaring Dollar Deals Blow to South Korea's SMEs: Seoul, South Korea – South Korea's small and medium-sized enterprises (SMEs) are facing a crisis as the won weakens against ...; Hwang Sujin Reporter 2024.12.30

South Korean Won Slides to 15-Year Low as Political Uncertainty Deepens: Seoul, South Korea – The South Korean won has plunged to its lowest level in 15 years and nine months, with experts warning ...; Hwang Sujin Reporter 2024.12.30

Delinquency Rates Soar to Record Highs in South Korea's Large Loan Shark Industry: Seoul, South Korea – South Korea's large loan shark industry is facing a crisis as delinquency rates have surged to unpreced ...; KO YONG-CHUL Reporter 2024.12.30

South Korea's Exports to the Philippines Expected to Soar Following FTA Implementation: Manila, Philippines – The implementation of the South Korea-Philippines Free Trade Agreement (FTA) on December 31 is poised ...; Ana Fernanda Reporter 2024.12.30

Jeju Air Flight Diverts Again Due to Landing Gear Issue: SEOUL, South Korea – A Jeju Air flight bound for Jeju Island was forced to turn back on Tuesday morning due to a landing gea ...; Desk 2024.12.30

179 Killed in Jeju Air Crash, Identification Process Nears Completion: MuAn, South Korea – Two days after a devastating plane crash claimed 179 lives, authorities in South Korea are racing to ide ...; Desk 2024.12.30

Aekyung Group CEO Apologizes for Jeju Air Crash: MuAn, South Korea – Aekyung Group Chairman Jang Young-shin has issued a public apology following a fatal plane crash involvi ...; Desk 2024.12.30

Ulsan Coast Guard Busts Illegal Deep-Sea Fishing Operation: Ulsan, South Korea – The Ulsan Coast Guard announced on Tuesday that it had apprehended 10 individuals, including boat owner ...; JEONG CHAN MYEONG Senior Reporter 2024.12.29

Ulsan Pet Owners Face Continued Uncertainty as Veterinary Clinics Ignore Pricing Laws: Ulsan, South Korea – Despite a South Korean law mandating that veterinary clinics display estimated prices for major treatme ...; Hwang Sujin Reporter 2024.12.29

South Korean Firms Race to Develop Surgical Robots: Seoul, South Korea – South Korean companies are intensifying their efforts to develop surgical robots, aiming to break into ...; ONLINE TEAM 2024.12.29

Court Rules Hospital Liable for Woman's Death After C-Section: Seoul, South Korea – A Seoul court has ruled that a hospital is liable for the death of a woman who died following a cesarea ...; Desk 2024.12.29

Hanmi Pharmaceutical Unveils New Hypertension Drug, Aiming to Revolutionize Treatment: Seoul, South Korea – Hanmi Pharmaceutical, a leading Korean pharmaceutical company, has announced the development of a groun ...; Desk 2024.12.29