Global Economic Times

2026.09.26 (Sat)
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From 'DAL-e' to 'Spot': Hyundai Motor Group Transforms Yangjae Headquarters into an Advanced AI Robotics Testbed: SEOUL – Hyundai Motor Group (the Group) announced today the grand reopening of its Yangjae headquarters lobby, establishing ...; Global Economic Times Reporter 2026.05.21

Apple Blocks Over $2.2 Billion in Fraudulent App Store Transactions, Terminating Billions of Malicious Accounts: SEOUL — Apple Inc. announced today that its rigorous security framework and app review processes successfully prevented more ...; Yim Kwangsoo Correspondent 2026.05.21

“Buying Watermelons and Rice at Convenience Stores” — CU Launches First 'Smart Grocery' Store to Target Neighborhood Shoppers: SUWON, South Korea — BGF Retail, the operating company of South Korea's leading convenience store chain CU, announced the gr ...; Hee Chan Kim Reporter 2026.05.21

In the AI Era, CEOs Must Transfigure into ‘Total Experience Owners’ (CXOs), Asserts Douzone Bizon Co-CEO Ji Yong-goo: SEOUL, South Korea — In the rapidly accelerating era of Artificial Intelligence Transition (AX), the traditional paradigms o ...; Desk 2026.05.21

South Korea's Big Three Telcos Complete Filings for Network-Agnostic Integrated Mobile Plans; SK Telecom Slated for July Launch: SEOUL — South Korea's three major mobile network operators have officially finalized the necessary regulatory reporting proc ...; Kim Sungmoon Reporter 2026.05.21

EV Sales Surge in Domestic Market While Exports Suffer Amid Prolonged Middle East Risks: SEOUL — South Korea’s domestic electric vehicle (EV) market experienced an unprecedented boom last month, driven by so ...; KO YONG-CHUL Reporter 2026.05.21

Dongfeng Secures French Production Base via Strategic Alliance with Stellantis: PARIS — In a landmark move poised to reshape the European automotive landscape, global automotive giant Stellantis has enter ...; Eugenio Rodolfo Sanabria Reporter 2026.05.21

Starbucks Korea’s ‘Tank Day’ Blunder Triggers Broad Shinsegae Stock Sell-Off: SEOUL — A severe public backlash over an insensitive marketing campaign by Starbucks Korea has spilled over into the broader ...; Desk 2026.05.21

Shinsegae Chairman Chung Yong-jin Faced with Legal Complaints Over Starbucks ‘Tank Day’ Controversy: SEOUL — Shinsegae Group Chairman Chung Yong-jin and former Starbucks Korea CEO Son Jung-hyun are facing formal criminal comp ...; KO YONG-CHUL Reporter 2026.05.21

Nvidia Hits Record Revenue for 12th Consecutive Quarter, Yet After-Hours Shares Edge Lower: NEW YORK — Nvidia, the world’s most valuable company by market capitalization, has delivered yet another consensus-sha ...; Ana Fernanda Reporter 2026.05.21

HMM Tanker Begins Safe Passage Through Strait of Hormuz; Foreign Minister Cho Says Negotiations Underway for Remaining 25 Vessels: SEOUL — A South Korean ultra-large crude carrier trapped in the Strait of Hormuz has successfully initiated its passage thro ...; Hwang Sujin Reporter 2026.05.21

South Korea’s Mid-May Exports Hit Record High of $52.7 Billion, Propelled by Semiconductor Boom: SEOUL — South Korea’s exports during the first 20 days of May surged to a historic high for the period, driven by an e ...; Global Economic Times Reporter 2026.05.21

Samsung Electronics Narrowly Avoids Strike with Landmark Compensation Deal: SUWON, South Korea — Samsung Electronics management and its labor union have reached a dramatic tentative agreement on wage ...; KO YONG-CHUL Reporter 2026.05.21

Chinese Semiconductor Hub Shanghai Courts South Korean Suppliers to Bypass U.S. Tech Blockade: SEOUL — Amid intensifying pressure from United States supply chain restrictions, China's semiconductor industry is aggressiv ...; Global Economic Times Reporter 2026.05.19

Ministry of SMEs and Startups Doublos Support for Open Innovation to Boost Startup Growth Ladder: SEOUL — The South Korean government is significantly expanding its public-private cooperative open innovation initiative to ...; Cho Kijo Reporter 2026.05.19

Elon Musk Loses Lawsuit Against OpenAI as Court Rules Statute of Limitations Has Expired: OAKLAND, California — Tesla Chief Executive Elon Musk has lost his high-stakes legal battle against OpenAI after a federal j ...; Eunsil Ju Reporter 2026.05.19

Anthropic Permits External Sharing of Cyber Threat Intelligence Derived from 'Mythos' AI: WASHINGTON — Anthropic has updated its policy to allow users of its defense-specialized, next-generation artificial intellig ...; Graciela Maria Reporter 2026.05.19

FTC Slams Korea's Top 5 Courier Giants with 3 Billion Won Fine Over 'Unfair Contracts': SEOUL — South Korea’s antitrust watchdog has hit the nation’s five major logistics companies with a combined fin ...; Hwang Sujin Reporter 2026.05.19

Samsung Electronics Union to Push Ahead with May 21 Strike Despite Court Injunction: SUWON, South Korea — Despite a court ruling that largely granted Samsung Electronics’ request for an injunction agains ...; Yim Kwangsoo Correspondent 2026.05.19

National Pension Service and U.S. SSA Partner for In-Person Consultations to Resolve Pension Delivery Issues: SEOUL — South Korean residents eligible for U.S. social security benefits will now face fewer administrative hurdles. The Na ...; Pedro Espinola Special Correspondent 2026.05.19