Global Economic Times

2026.06.28 (Sun)
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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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South Korea Faces Risk of Long-Term Economic Stagnation, Warns BOK: Seoul, South Korea – The Bank of Korea (BOK) has issued a stark warning about the potential for South Korea to enter a prolo ...; Hwang Sujin Reporter 2024.12.19

Chipflation Hits Low-Income Households Hardest in South Korea: Seoul, South Korea – A new study by the Bank of Korea (BOK) has revealed that South Korea, like many other countries, has be ...; JEONG CHAN MYEONG Senior Reporter 2024.12.19

Seoul’s Robot Revolution: Autonomous Delivery Bots Hit the Streets: Robotis, a leading robotics company based in Magok-dong, Gangseo-gu, Seoul, is revolutionizing local deliveries with its autonomou ...; Hwang Sujin Reporter 2024.12.19

South Korea to Ramp Up US LNG Imports Amid Trade Tensions: Seoul, South Korea – Korea Gas Corporation (KOGAS) announced plans on [Date] to significantly increase its imports of liquef ...; Hannah Yeh Reporter 2024.12.19

Doosan Enerbility to Supply Key Components for TerraPower's First SMR Project: Seoul, South Korea – Doosan Enerbility, a leading South Korean engineering and construction company, has secured a contract ...; Desk 2024.12.19

German Insolvencies Surge, Warning of Record Highs in 2025: Berlin - German businesses are facing a mounting wave of insolvencies, with Creditreform reporting a nearly 25% increase this year ...; Graciela Maria Reporter 2024.12.18

Fortune-Telling Keychains: The Latest Trend Among South Korea's Youth: Seoul, South Korea – A unique trend has emerged among South Korea's younger generation, combining ancient divination practic ...; Desk 2024.12.18

Convenience Stores Join the Affordable Beauty Race: Seoul, South Korea – Convenience stores are diving into the affordable beauty market, offering a new challenge to the domina ...; Hwang Sujin Reporter 2024.12.18

Broadcom Emerges as a Fierce Rival to Nvidia in the AI Chip Market: New York, NY – Broadcom, the US-based semiconductor giant, has emerged as a formidable competitor to Nvidia, the current mar ...; Hannah Yeh Reporter 2024.12.18

London's Stock Exchange Faces Exodus Amidst Worst Post-Crisis Period: London's stock market is experiencing its worst period since the global financial crisis. The number of companies delisting or mov ...; Graciela Maria Reporter 2024.12.17

Hyundai AutoEver Expands into Southeast Asia with High-Quality Mapping Joint Venture: SEOUL, South Korea – Hyundai AutoEver, a subsidiary of Hyundai Motor Group, announced today that it has formed a joint ventu ...; JEONG CHAN MYEONG Senior Reporter 2024.12.17

Department Stores Gear Up for Lunar New Year Gift Sets: Seoul, South Korea – Major department stores in South Korea are set to kick off pre-orders for Lunar New Year gift sets this ...; Desk 2024.12.17

Schroders Weighs Sale of Indonesian Business Amid Strategic Review: London/Jakarta, [Date] – Schroders, the UK-based global investment manager, is considering the sale of its Indonesian busine ...; JEONG CHAN MYEONG Senior Reporter 2024.12.16

Daejeon Seo-gu Offers Public Sector Job Shadowing Program for Youth: Daejeon, South Korea – Daejeon Seo-gu district has announced a new job shadowing program designed to provide young adults wi ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan Embraces Rice Flour Bread with Citywide Discount Event: Cheonan, South Korea – In a bid to boost local rice consumption and support the city's thriving bakery industry, Cheonan Cit ...; HONG MOON HWA Senior Reporter 2024.12.16

Hyundai Construction Tops in Customer Management Focus Among Major Korean Builders: Seoul, South Korea – [Date] – Hyundai Construction has emerged as the leading Korean construction company in terms of ...; Desk 2024.12.16

Korean Air Soars Above Competition in Online Sentiment: Seoul, South Korea – Korean Air has maintained its position as the most talked-about airline in South Korea, according to a ...; Desk 2024.12.16

Shinhan Bank Leads in ESG Engagement as Public Interest Wanes Slightly: Seoul, South Korea – A recent study by Data & Research has revealed that Shinhan Bank is leading the pack in terms of pu ...; Desk 2024.12.16

Mortgage Rates Surge to 15-Year High in Taiwan: Taipei, Taiwan – Mortgage interest rates in Taiwan surged to a 15-year high of 2.23% in the last quarter, despite a decline ...; Ana Fernanda Reporter 2024.12.15

Chile's Economic Evolution: Insights from 50 Years of "Estudios de Economía": Santiago, Chile – A recent special edition of Estudios de Economía, Chile's premier economics journal, has delved dee ...; Desk 2024.12.14