Global Economic Times

2026.06.05 (Fri)
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Tensions Flare in Strait of Hormuz: U.S.-Iran Clashes Threaten Fragile Truce: MUSCAT/WASHINGTON — The fragile hopes for a diplomatic breakthrough between the United States and Iran faced a severe setbac ...; Eugenio Rodolfo Sanabria Reporter 2026.05.08

UAE Sovereign Wealth Giants Descend on Seoul to Forge Strategic AI Alliance: Amassive delegation from the United Arab Emirates (UAE), comprising itsmost influential sovereign wealth funds and state-backed ar ...; Ana Fernanda Reporter 2026.05.08

U.S. Trade Court Strikes Down Trump’s ‘Global 10% Tariff,’ Citing Executive Overreach: WASHINGTON — In a significant legal blow to the administration’s protectionist agenda, the U.S. Court of International ...; Pedro Espinola Special Correspondent 2026.05.08

POSTECH Researchers Double Metal-Polymer Adhesion via 3D Printing Surface Control: POHANG, South Korea — A research team at the Pohang University of Science and Technology (POSTECH) has achieved a breakthrou ...; Global Economic Times Reporter 2026.05.08

NVIDIA Bolsters AI Ecosystem with $2.1 Billion Investment in Data Center Developer IREN: SANTA CLARA, Calif. & SYDNEY — In a move that signals a massive expansion of the global AI infrastructure landscape, NVI ...; Ana Fernanda Reporter 2026.05.08

South Korea Elevates Public Sector AI Expertise: MOIS Launches Elite 'AI Champion' Training Program: SEOUL – In a decisive move to accelerate the digital transformation of government services, South Korea’s Ministry of ...; Global Economic Times Reporter 2026.05.07

Desecration of Sacred Icons: Israeli Soldier Sparks Outrage After Mocking Virgin Mary Statue in Lebanon: DEBEL, Lebanon — A fresh wave of international condemnation has hit the Israeli Defense Forces (IDF) after a photograph surf ...; Graciela Maria Reporter 2026.05.07

Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility: MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (H ...; Global Economic Times Reporter 2026.05.07

Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI": SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has ...; KO YONG-CHUL Reporter 2026.05.07

Apple Faces Double Legal Blow: Supreme Court Rejects Fee Appeal While Tech Giant Settles ‘Siri’ Misleading Ad Lawsuit for $250 Million: CUPERTINO, Calif. – Tech titan Apple Inc. has encountered a significant double-front legal setback this week. The U.S. Supre ...; Eugenio Rodolfo Sanabria Reporter 2026.05.07

"The Beast" Lands in Beijing: Massive Security Detail Precedes Trump’s High-Stakes Visit: BEIJING – The unmistakable silhouette of the American presidency has appeared on the streets of Beijing. With less than a we ...; Ana Fernanda Reporter 2026.05.07

South Korea’s KOSPI Surges to 7th in Global Market Cap, Overtaking Canada and UK: SEOUL — In a historic shift for global equity markets, the South Korean stock market has ascended to the rank of the world&r ...; Desk 2026.05.07

Global Pay Parity Demands Shaking Tech Giants: Samsung and SK Hynix Face Rising Labor Unrest in China: (C) Business Today Malaysia SEOUL — The ripples of aggressive labor demands in South Korea are now crossing borders, creat ...; Global Economic Times Reporter 2026.05.07

the 28th Overseas Koreans Literary Awards: The Overseas Koreans Agency (OKA) is hosting the 28th Overseas Koreans Literary Awards, open to overseas Koreans living in approxi ...; KO YONG-CHUL Reporter 2026.05.06

Ambassador Hyuk-sang Sohn attended the "2026 Educational Community Sports Day" held at the Korean School of Paraguay on Friday, May 1.: Global Economic Times Reporter 2026.05.06

Official Presentation of Credentials in Paraguay: On Monday, May 4, 2026, Ambassador Hyuk-Sang Sohn presented his letters of credence to Santiago Peña, the President of the ...; KO YONG-CHUL Reporter 2026.05.06

U.S. World Cup "Host City Boom" Fizzles: Hotel Bookings Slump One Month Before Kickoff: (C) AOL.com NEW YORK — With the 2026 North American World Cup just over a month away, concerns are mounting over a potentia ...; Yim Kwangsoo Correspondent 2026.05.06

U.S. Intelligence: Iran’s Nuclear Capabilities Remain Intact Despite Two Months of Strikes: (C) NPR Despite two months of intensive military operations by the United States and Israel, the U.S. intelligence community asse ...; KO YONG-CHUL Reporter 2026.05.06

YouTube CEO: AI Tools to Break Down Language Barriers in Content Industry: (C) LatestLY LOS ANGELES — Neal Mohan, CEO of YouTube, identified language as the single greatest obstacle between global c ...; Eugenio Rodolfo Sanabria Reporter 2026.05.06

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids: (C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehic ...; Eugenio Rodolfo Sanabria Reporter 2026.05.06

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