Global Economic Times

2026.04.21 (Tue)
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Master Rubbing Artist Venerable Heungseon Donates 1,143 Rubbings to National Museum of Korea, the Largest in History: SEOUL — The National Museum of Korea (NMK) announced on October 19, 2025, a momentous acquisition: a historic donation of 1, ...; Desk 2025.10.19

Chef 'Triple Star' Kang Seung-won Cleared of Ex-Wife's Embezzlement Allegations After One Year: Chef Triple Star (real name Kang Seung-won), known for his appearance on the Netflix cooking survival program The Black and White ...; Hwang Sujin Reporter 2025.10.19

Overseas Bad Manners: Korean Mother and Daughter Criticized for Monopolizing Benches at Singapore Changi Airport: A Korean mother and daughter have recently faced strong public criticism after being photographed monopolizing five public benches ...; Yim Kwangsoo Correspondent 2025.10.19

Chuncheon Makguksu and Dakgalbi Festival Achieves Massive Success: Chuncheon, Gangwon Province's representative food festival, the 'Makguksu and Dakgalbi Festival,' achieved explosive success this ...; Yim Kwangsoo Correspondent 2025.10.19

South Korean Department Store Industry Intensifies Competition for AI-Based 'Hyper-Personalized' Shopping: The South Korean department store industry is accelerating the development of 'hyper-personalized' custom services using Artificia ...; Hwang Sujin Reporter 2025.10.19

Son Heung-min Leads LA FC to MLS 'Fastest to 500 Goals' Record, Nets 9th Goal of the Season: 'Super Sonny' Son Heung-min (LA FC) made history in the final match of the Major League Soccer (MLS) regular season, scoring his 9 ...; Hwang Sujin Reporter 2025.10.19

Specialty Alloy Market Booms, Korean Giants SeAH and Poongsan Accelerate Investment: Driven by the growth in the defense and rocket markets, South Korean steel giants like SeAH and Poongsan, known as "strong players ...; Global Economic Times Reporter 2025.10.19

South Korea 'Trapped': OECD Shock as Tax Revenue Plummets: SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to ...; Desk 2025.10.19

43-Year-Old Chung Ki-sun Takes Helm of HD Hyundai, Driving New SMR and Smart Ship Ventures: Chung Ki-sun, stepping up from Senior Vice Chairman after two years, has been named Chairman of HD Hyundai Group. This move, annou ...; Global Economic Times Reporter 2025.10.19

Samsung Heiresses to Sell $1.3 Billion Worth of Samsung Electronics Shares for Inheritance Tax: SEOUL – The controlling family of Samsung Group is set to dispose of a massive block of Samsung Electronics shares, valued a ...; Global Economic Times Reporter 2025.10.19

The Shadow Banking Nexus: A New Crisis Epicenter: The IMF identifies the non-bank financial sector (NBFI)—or 'shadow banking'—as the most significant structural threat ...; Eugenio Rodolfo Sanabria Reporter 2025.10.19

Chocolate Prices Hold Steady Despite Cocoa Cost Drop: A Look at Korean Confectioners' Challenges: Despite a sharp decline in international cocoa prices, which have plummeted by over half since the beginning of the year, major So ...; Global Economic Times Reporter 2025.10.19

Korean Food Festival Captivates Beijing as Bilateral Ties Thaw: BEIJING – A vibrant "K-Food Festa" held in Beijing last week successfully showcased the growing global appeal of Korean cuis ...; Global Economic Times Reporter 2025.10.19

From Fads to Fixtures: Korean Food Aims for Global Permanence: NEW YORK – The conversation surrounding Korean cuisine’s global ascendance took on a forward-looking, cautionary tone ...; Global Economic Times Reporter 2025.10.19

Global Chip War Intensifies: Micron Woos Korean Engineers with Lucrative Offers, Up to 200 Million KRW Salary: SEOUL – Micron Technology, the U.S.-based global third-largest memory semiconductor company, is aggressively ramping up its ...; Hwang Sujin Reporter 2025.10.19

Trump Tees Off with Asian Business Titans: Tariffs and Investment in Focus: Florida – U.S. President Donald Trump engaged in a high-profile golf summit with top business executives from South Korea, J ...; Global Economic Times Reporter 2025.10.19

Global Business Leaders Converge on Gyeongju: 1,700 Executives Attend APEC CEO Summit: GYEONGJU, GYEONGBUK – Over 1,700 global business leaders, including Jensen Huang, founder and CEO of Nvidia, and Matt Garman ...; KO YONG-CHUL Reporter 2025.10.19

REGIONAL BANK STOCKS REBOUND AS MOODY'S DISMISSES 'SYSTEMIC RISK,' YET OPAQUE PRIVATE CREDIT MARKET CONCERNS PERSIST: U.S. regional bank stocks, including Jefferies, Zions Bancorp, and Western Alliance, staged a significant rebound on October 17 fo ...; Ana Fernanda Reporter 2025.10.19

World Korean General Federation Chairman Ko Sang-gu Visits ‘Cambodia Incident’ Site, Expresses “Concern Over Exaggerated Media Reports, Urgent Need for Prudent National Response”: Phnom Penh, Cambodia – World Korean General Federation (WKGF) Chairman Ko Sang-gu made an unannounced visit to Cambodia to a ...; Global Economic Times Reporter 2025.10.19

Lithium Battery Fire Forces Emergency Landing of Air China Flight to Incheon: SHANGHAI/BEIJING – An Air China flight bound for Incheon International Airport in South Korea was forced to make an emergenc ...; Yim Kwangsoo Correspondent 2025.10.18