Global Economic Times

2026.05.08 (Fri)
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YouTube CEO: AI Tools to Break Down Language Barriers in Content Industry

(C) LatestLY LOS ANGELES — Neal Mohan, CEO of YouTube, identified language as the single greatest obstacle between global creators and audiences, emphasizing that Artificial Intelligence (AI) w
Samsung Electronics Shuffles TV Leadership Amid Intensifying "Emergency Management" and Market Headwinds

SEOUL – Samsung Electronics, the world’s leading television manufacturer, announced a high-profile leadership reshuffle for its visual display business on Monday. The move comes as the Sou

Hyundai Steel to Spearhead Next-Gen Power Infrastructure as Future Growth Engine

SEOUL – Hyundai Steel announced on Thursday its strategic roadmap to dominate the burgeoning next-generation power infrastructure steel market. Leveraging its comprehensive product portfolio&mda

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South Korea Diversifies Semiconductor Exports Amidst US-China Tech Rivalry: South Korea's reliance on China for semiconductor exports has diminished in recent years due to the escalating US-China tech rival ...; Global Economic Times Reporter 2025.01.05

SK Energy Becomes First South Korean Refiner to Export Sustainable Aviation Fuel to Europe: Ulsan, South Korea – SK Energy, a leading South Korean refiner, has announced its successful export of Sustainable Aviation ...; JEONG CHAN MYEONG Senior Reporter 2025.01.05

K-Beauty Sunscreens Face Regulatory Hurdles in the US: The boom of Korean sunscreens in the US, once led by brands like Joseon Beauty, is facing a slowdown due to stricter US regulatory ...; Global Economic Times Reporter 2025.01.05

Kia Sets New Record with Highest Annual Sales: Seoul, South Korea – Kia Corporation has announced that it achieved its highest annual sales ever in 2024, surpassing the pr ...; Global Economic Times Reporter 2025.01.05

South Korean Consumers Pay More for YouTube Premium: A recent investigation by the National Assembly Research Service has revealed that South Korean consumers are paying significantly ...; Global Economic Times Reporter 2025.01.05

South Korea Enacts Stronger Protections for Game Players: Seoul, South Korea – South Korea has taken significant steps to bolster the rights of online gamers, with the recent passage ...; Desk 2025.01.05

South Korea's Overseas Construction Orders Hit $1 Trillion Milestone: Seoul, South Korea – South Korea's construction industry has reached a significant milestone, surpassing $1 trillion in cumu ...; Global Economic Times Reporter 2025.01.03

South Korea Eases Rules to Attract Foreign Investment in Government Bonds: Seoul, South Korea – The South Korean government has unveiled a comprehensive plan to simplify the process for foreign inves ...; KO YONG-CHUL Reporter 2025.01.03

South Korea Unveils Stimulus Package to Boost Economy: Seoul, South Korea – The South Korean government has announced a comprehensive stimulus package aimed at revitalizing the do ...; Desk 2025.01.03

Ministry of Trade, Industry and Energy and Ministry of National Defense Sign MOU to Collaborate on 3D Printing for Defense: Seoul, South Korea – The Ministry of Trade, Industry and Energy (MOTIE) announced today that it has signed a Memorandum of U ...; KO YONG-CHUL Reporter 2025.01.02

Fair Trade Commission Tightens Penalties for False Advertising: Seoul, South Korea – The Fair Trade Commission (FTC) announced today that it will revise its detailed guidelines for imposin ...; Global Economic Times Reporter 2025.01.02

AI-Powered Stocks Soar in Nasdaq as AppLovin Leads the Charge: New York, NY – The Nasdaq Composite experienced a meteoric rise of 30% last year, primarily driven by the surge in artificia ...; Eugenio Rodolfo Sanabria Reporter 2025.01.02

SPC Group to Build Largest Overseas Bakery in Texas: Dallas, Texas – SPC Group, the parent company of Paris Baguette, announced today that it will construct its largest overseas ...; Global Economic Times Reporter 2025.01.02

South Korea's Big 5 Banks See Slowdown in Household Lending: Seoul, South Korea – South Korea's five largest commercial banks experienced a notable slowdown in household lending last mo ...; Global Economic Times Reporter 2025.01.02

South Korea's Growing List of Malicious Landlords: A recent tally has revealed that a staggering 1,177 individuals and corporations (including 1,128 individuals and 49 corporations) ...; Hwang Sujin Reporter 2025.01.02

Samsung SDS Crowned as South Korea's Largest Cloud Service Provider: Seoul, South Korea – Samsung SDS has been recognized as South Korea's premier cloud service provider, according to the lates ...; Global Economic Times Reporter 2025.01.02

Lotte Chairman Calls for Radical Overhaul Amidst Economic Uncertainty: Seoul, South Korea – Lotte Group Chairman Shin Dong-bin has urged a radical overhaul of the conglomerate, emphasizing the ne ...; Desk 2025.01.02

Jeju Air Faces Massive Refund Wave Following Deadly Crash: Seoul, South Korea – February 2, 2025 – Jeju Air, South Korea's largest low-cost carrier, is facing a significant fina ...; Desk 2025.01.02

Iran and Russia Deepen Ties Amid Growing Trade and Economic Cooperation: Tehran, Iran - Iran and Russia are steadily deepening their economic and political ties, with both nations emphasizing the importa ...; Graciela Maria Reporter 2025.01.01

SM Entertainment's Earnings Take a Hit as Key Subsidiary's Classification Changes: SEOUL, South Korea – SM Entertainment, one of South Korea’s leading entertainment agencies, has reported a significant ...; Hwang Sujin Reporter 2025.01.01