Global Economic Times

2026.10.20 (Tue)
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South Korea Overhauls Startup Platform Following API Data Breach: SEOUL — South Korea’s Ministry of SMEs and Startups (MSS) has disclosed the root cause of a recent data breach on its ...; Desk 2026.08.01

Lotte Card Fined ₩5B and Handed 1.5-Month Business Suspension Over Massive Data Breach: SEOUL — South Korea’s top financial regulator, the Financial Services Commission (FSC), officially decided on Friday t ...; KO YONG-CHUL Reporter 2026.08.01

KOSPI Rockets 18% in Historic Single-Day Surge to Reclaim 6,500 Threshold: SEOUL — In an extraordinary display of market momentum that shattered all historical precedents, South Korea’s benchma ...; Global Economic Times Reporter 2026.08.01

Memory Boom Drives Samsung Electronics to Record $65 Billion Q2 Profit, Offsetting Heavy Set Losses: SEOUL — Driven by unprecedented global demand for artificial intelligence hardware, Samsung Electronics Co. achieved record- ...; Desk 2026.07.30

Samsung Forecasts Memory Shortage to Endure Until 2028, Securing 70% of Capacity in Multi-Year Contracts: SEOUL — Samsung Electronics has issued a stark warning to the global technology ecosystem, projecting that the severe global ...; KO YONG-CHUL Reporter 2026.07.30

LG Electronics Hits Historic Q2 Highs as Home Appliances and Auto Parts Drive Explosive Growth: SEOUL — LG Electronics Inc. announced today that it delivered its strongest second-quarter financial performance in company ...; Global Economic Times Reporter 2026.07.30

Samsung Pushes to Break Ground on Taylor Fab 2 by Year-End, Targeting 2030 Mass Production: Samsung Electronics has formally announced plans to commence construction on its second semiconductor manufacturing facility in Ta ...; Global Economic Times Reporter 2026.07.30

Lee Kang-in Leaves PSG to Join Atlético Madrid on 5-Year Deal Worth Up to €40M… First Korean to Join Spain's 'Big Three': Lee Kang-in (25), a star midfielder for South Korean football, has left France's Paris Saint-Germain (PSG) to join the Spanish foo ...; KO YONG-CHUL Reporter 2026.07.28

24th Sejong Jochiwon Peach Festival Concludes with Great Success, Cementing Its Reputation as a Premier Summer Festival: The "24th Sejong Jochiwon Peach Festival," which turned the entire city of Sejong into a hub of excitement centered around the 118 ...; Global Economic Times Reporter 2026.07.28

KT and Amorepacific Complete ‘Data Highway’ Project, Unveiling AI-Specialized Research Platform: SEOUL — KT Corporation, South Korea’s leading telecommunications and digital services provider, announced on July 28 t ...; Global Economic Times Reporter 2026.07.28

Oman Resumes Pivotal Mediation Role Amid Rising Saudi-Iran Tensions and Strait of Hormuz Security Concerns: On July 27, 2026, Omani Foreign Minister Badr Albusaidi initiated a coordinated round of telephone diplomacy, holding consecutive ...; Global Economic Times Reporter 2026.07.28

South Korea’s Top Three Mobile Carriers Launch Pre-Orders for Samsung’s Galaxy Z Series with Aggressive Subsidies and Service Bundles: SEOUL — South Korea’s major mobile network operators—SK Telecom (SKT), KT, and LG Uplus (LG U+)—officially ...; Hwang Sujin Reporter 2026.07.28

Boston Dynamics Shapes US Robotics Strategy while Korean Industry Hesitates Under Labor Union Resistance: SEOUL & WASHINGTON — Boston Dynamics, a key robotics subsidiary of Hyundai Motor Group, is playing a pivotal legislative ...; Eugenio Rodolfo Sanabria Reporter 2026.07.28

Fair Trade Commission to Overhaul Penalty System: Imposing Heavy Fines Based on Corporate Scale: SEOUL — South Korea’s antitrust watchdog, the Fair Trade Commission (FTC), has officially announced a comprehensive ov ...; Kim Sungmoon Reporter 2026.07.28

“Buy the Dip Despite the Panic Crash?”: Semiconductor Bottom Thesis Gains Traction Amid 'Samjon-Nix' Rout: SEOUL — South Korean stock markets witnessed an unprecedented sea of red on July 28, as panic selling erased years of gains ...; Desk 2026.07.28

"Can't Handle the Roller-KOSPI": Retail Capital Surges into High-Dividend and Covered Call ETFs: SEOUL — As domestic and international stock markets experience sharp, unpredictable fluctuations in July—a turbulent c ...; KO YONG-CHUL Reporter 2026.07.28

Major 7.1-Magnitude Earthquake Strikes Japan’s Kyushu; Tremors Sway High-Rises in Busan, Jeonnam, and Jeju: SEOUL / BUSAN — A powerful 7.1-magnitude earthquake that struck Kumamoto Prefecture on Japan’s southern island of Kyus ...; Ana Fernanda Reporter 2026.07.28

KOSPI Plunges Over 11% as Semiconductor Sell-off Shatters 6,000-Point Mark Intraday: SEOUL — South Korean financial markets suffered one of their most turbulent trading sessions in recent history on Tuesday, J ...; Global Economic Times Reporter 2026.07.28

Yoo Si-min’s Travel Essay Sparks Buzz: 'European City Travelogue 3' Retains Top Spot on Bestseller List for Two Consecutive Weeks: SEOUL — Prominent South Korean author and political commentator Yoo Si-min has once again captivated the nation's literary l ...; Myung Sun Yim Correspondent 2026.07.25

Beyond Trends: How Veteran Stylist Han Hye-yeon Built a 30-Year Career on Attitude and Consistency: SEOUL — Fashion is an industry defined by relentless change. Seasons turn, trends fade, and popular aesthetics shift overnig ...; KO YONG-CHUL Reporter 2026.07.25