Global Economic Times

2026.06.27 (Sat)
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Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

SEOUL – On June 25, 2026, Google Play, in collaboration with the Ministry of SMEs and Startups (MSS) and the Korea Institute of Startup and Entrepreneurship Development (KISED), held the '20
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

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SoluM Drives Retail Innovation in UK and Ireland, Clinches Prestigious 'RTIH Innovation Award 2025': (C) 솔루엠 LONDON – SoluM, a global specialist in electronic components and smart solutions, has been recognized for its gro ...; Global Economic Times Reporter 2025.11.14

Hanmi Science Takes Aim at Global Market, Unveiling Three Surgical Hemostats in Germany: DÜSSELDORF, Germany—Hanmi Science, the holding company of South Korea's Hanmi Group, is poised to intensify its push in ...; Yim Kwangsoo Correspondent 2025.11.13

Busan Companies Achieve Record CES 2026 Innovation Awards: Intelligent filming robot, 'Gensis Studio.' (C) Busan City BUSAN, South Korea – The city of Busan announced on Novembe ...; Desk 2025.11.11

Retirement Age Debate Rages: Youth Employment at Risk as Older Workers' Tenure Lengthens: (C) Pixabay Seoul - The debate over raising South Korea's mandatory retirement age is intensifying, with an immediate proposal ...; Desk 2025.11.10

Daedeok Innopolis to Global Markets: Daejeon Hosts Tech Exchange Focused on Funding and International Expansion: DAEJEON, South Korea—Daejeon City is set to host the "12th Daejeon Innovative Technology Exchange (DITEC)" on the 11th at th ...; HONG MOON HWA Senior Reporter 2025.11.07

Daejeon City Honors Four ‘Promising Small Businesses’ for Innovation and Growth: (C) Oven Brothers (오븐브라더스) DAEJEON—Daejeon Metropolitan City has announced and presented plaques to four businesses design ...; HONG MOON HWA Senior Reporter 2025.11.07

E-Commerce Titan Amazon Sues AI Startup Perplexity Over Automated Shopping Feature: In a major legal clash signaling the friction between traditional e-commerce and the rise of Artificial Intelligence (AI) commerce ...; Ana Fernanda Reporter 2025.11.07

Decaf Dominates: Starbucks’ Caffeine-Free Surge Overtakes Longtime Favorite in South Korea: Decaffeinated coffee (C) Global Economic Times SEOUL—In a dramatic shift reflecting the nation’s burgeoning &ldqu ...; Hwang Sujin Reporter 2025.11.04

Samsung Rewards HBM4 Developers with Special Stock Bonus: Samsung Electronics (C) Global Economic Times SEOUL, South Korea – Samsung Electronics has granted a special stock-bas ...; Global Economic Times Reporter 2025.11.03

Media Titans Clash: Disney Channels Dark on YouTube TV Amid Contract Dispute: LOS ANGELES—The ongoing power struggle between major media corporations in the US has escalated, resulting in the complete b ...; Hwang Sujin Reporter 2025.11.02

South Korea’s Media Production Staff Face Grueling Hours and Precarity Amid Push for New Labor Law: A recent survey has cast a harsh light on the persistently precarious working conditions for South Korea's broadcast production st ...; Global Economic Times Reporter 2025.11.02

NVIDIA Hails South Korea as Global AI Epicenter, Cementing 'Alliance' with Massive GPU Deal: Global AI powerhouse NVIDIA released a powerful 3-minute, 16-second video titled 'South Korea's Next Industrial Revolution' on its ...; Pedro Espinola Special Correspondent 2025.11.02

R.O.K. and U.S. Strike Tariff Deal with $200 Billion Cash Investment: Investment Fund Details Finalized: Gyeongju, South Korea – Presidents Lee Jae-myung of South Korea and Donald Trump of the United States reached a crucial agre ...; KO YONG-CHUL Reporter 2025.10.30

World-OKTA Chairman Park Jong-bum 'Wins Re-election'... Garners 186 Votes: The successful re-election of World-OKTA (World Federation of Overseas Korean Traders Associations) Chairman Park Jong-bum to the ...; KO YONG-CHUL Reporter 2025.10.29

4 Korean Teams Win at the Inaugural 2025 OKTA Global Startup Competition: Songdo, Incheon – The final round of the '2025 OKTA Global Startup Competition,' hosted by the World Federation of Overseas ...; KO YONG-CHUL Reporter 2025.10.29

Grand Opening of the 29th World Korean Business Convention in Songdo Convensia, Incheon: The 29th World Korean Business Convention (2025 Korea BCSF Incheon) grandly opened on October 27 at Songdo Convensia in Incheon. T ...; Global Economic Times Reporter 2025.10.27

Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification: Kostanay, Kazakhstan — Kia Corporation officially opened its second Complete Knock-Down (CKD) joint assembly plant in Kostan ...; Yim Kwangsoo Correspondent 2025.10.22

Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy: Gmarket, now a subsidiary of the joint venture (JV) between Shinsegae Group and Alibaba Group, has unveiled an ambitious plan to i ...; Ana Fernanda Reporter 2025.10.22

Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump: Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announ ...; Hwang Sujin Reporter 2025.10.20

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

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