Global Economic Times

2026.06.27 (Sat)
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BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won

BUSAN — BYD Korea made a significant move in the domestic automotive market on June 26, unveiling its first plug-in hybrid (PHEV) model, the ‘Sealion 6 DM-i,’ at the 2026 Busan Mobil
Minister Kim Secures Breakthrough in EU Steel Quota Negotiations; Eyes Major Submarine Contract in Canada

SEJONG – South Korea’s Minister of Trade, Industry and Energy, Kim Jung-kwan, announced on June 22 that the government has reached a "positive consensus" with the European Unio

Asia's Largest Telecom Expo Kicks Off in China: AI and Token Economy Take Center Stage

SHANGHAI — The "MWC (Mobile World Congress) Shanghai 2026," the largest mobile telecommunications exhibition in Asia, officially commences today, June 24, at the Shanghai New Interna

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K-Beauty Sets Its Sights on Southeast Asia: A Market Projected to Reach $11.1 Billion by 2035: The South Korean cosmetics and beauty industry has officially identified Southeast Asia as its next major export frontier, followi ...; Eugenio Rodolfo Sanabria Reporter 2026.06.22

From Rivals to Partners: Toss and KakaoTalk Launch Integrated Remittance Service: In a significant move that reshapes the landscape of South Korea’s fintech sector, the digital finance platform 'Toss' has o ...; Desk 2026.06.22

JoongAng Ilbo Files for Workout Amidst Deepening Group-Wide Liquidity Crisis: SEOUL — JoongAng Ilbo, one of South Korea's premier newspapers, officially filed for a creditor-led workout program on June ...; Yim Kwangsoo Correspondent 2026.06.20

Anthropic Officially Launches Seoul Office to Accelerate AI Expansion in Korea: Anthropic, the U.S.-based artificial intelligence company behind the powerful 'Claude' AI models, officially opened its Seoul offi ...; Global Economic Times Reporter 2026.06.18

LS Cable & System Clinches Phase 2 of East Coast–Seoul HVDC Project, Solidifying National Grid Leadership: SEOUL — LS Cable & System announced on Monday, June 15, 2026, that it has successfully secured the contract for the seco ...; Desk 2026.06.15

[In-depth Report] The Islamic ‘Halal Barrier’ Just Around the Corner… The Silent Screams of K-Beauty SMEs: - Conglomerates Complete Proactive Process Conversions, While SMEs Are Left Stranded Due to High Costs and Lack of Cross-Contamina ...; HONG MOON HWA Senior Reporter 2026.06.13

Korea-EU Forge 'Digital Alliance' to Penetrate 450M Consumer Market, Expanding Economic Territory with $165M Investment: SEOUL / BRUSSELS — South Korea and the European Union (EU) have forged a monumental "digital economic alliance," integrating ...; Global Economic Times Reporter 2026.06.11

Chungbuk Province Achieves $4.92 Million in Export Contracts at Thailand International Food Exhibition: Chungbuk Province announced that it participated in the '2026 Thailand International Food Exhibition (THAIFEX–ANUGA)' held a ...; KO YONG-CHUL Reporter 2026.06.08

Taihan Cable & Solution Secures 140-Billion-Won Extra-High Voltage Power Grid Contract in Singapore, Proving Global Competitiveness: SEOUL — Taihan Cable & Solution has achieved yet another milestone in the global power infrastructure market by securing ...; Hee Chan Kim Reporter 2026.06.08

Daewoong Pharmaceutical’s ‘Envlo’ Demonstrates Consistent Blood Glucose-Lowering Efficacy Across Multinational Patients: SEOUL, South Korea — Daewoong Pharmaceutical announced on June 8 that it has quantitatively verified the mechanism by which ...; Global Economic Times Reporter 2026.06.08

Hyundai AutoEver and KOFAC Launch 'Youth Robotics Challenge' to Nurture Future Digital Talent: SEOUL — Hyundai AutoEver, a mobility software specialized subsidiary of Hyundai Motor Group, announced on June 8 that it has ...; Kim Sungmoon Reporter 2026.06.08

LG and NVIDIA Forge Strategic 'Physical AI' Alliance to Transform Manufacturing, Robotics, and Data Centers: SEOUL — In a landmark move set to reshape the landscape of the global artificial intelligence sector, South Korea’s LG ...; Global Economic Times Reporter 2026.06.08

Tesla and BYD Penetrate South Korea’s Stronghold as Domestic Auto Sales Stumble: SEOUL — South Korea’s once-impregnable domestic automotive market is facing a profound disruption. Long dominated by p ...; Desk 2026.06.05

SAMSUNG D AND LGD CLASH IN TAIWAN: THE BATTLE FOR NEXT-GEN GAMING OLED DOMINANCE: TAIPEI — South Korea’s leading display giants, Samsung Display and LG Display, are locked in a fierce technological ba ...; Eugenio Rodolfo Sanabria Reporter 2026.06.01

Online Automotive Trading Surges 155% in South Korea as Tesla Deliveries Accelerate E-Commerce Shift: SEOUL — South Korea's e-commerce market has achieved an unprecedented milestone, expanding its reach deep into heavy industr ...; Kim Sungmoon Reporter 2026.06.01

Altman’s About-Face: Why Generative AI Won’t Destroy White-Collar Administrative Jobs: SYDNEY — Sam Altman, the chief executive officer of OpenAI and a leading figure at the absolute forefront of the artificial ...; Eugenio Rodolfo Sanabria Reporter 2026.05.27

Government Allows Private Practitioners to Work at Public Health Centers to Resolve Medical Vacuum Caused by Shrinking Number of Public Health Doctors: The South Korean government has implemented a bold regulatory easing measure to fill the growing medical vacuum in rural and medic ...; Min Gyu Mi Reporter 2026.05.24

U.S. Holds Off on Immediate Comprehensive Semiconductor Tariffs, but Pressure Mounts for Samsung and SK Hynix to Accelerate Domestic Investments: WASHINGTON D.C. / SEOUL — In a move that offers temporary breathing room while simultaneously intensifying long-term strateg ...; Global Economic Times Reporter 2026.05.23

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

AI Set to Displace White-Collar Positions by 2035, National Employment Report Forecasts Massive Shift: SEOUL — The rapid proliferation of artificial intelligence (AI) and accelerated corporate digital transformations are poised ...; Global Economic Times Reporter 2026.05.18

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