Global Economic Times

2026.05.08 (Fri)
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Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (HMG) is significantly ramping up its investment in Mexico. While other
Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI"

SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has achieved its highest-ever first-quarter results. Driven by the robust

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids

(C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehicle (EV) and battery manufacturing hub in Ontario, Canada, as the compa

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Chocolate Prices Hold Steady Despite Cocoa Cost Drop: A Look at Korean Confectioners' Challenges: Despite a sharp decline in international cocoa prices, which have plummeted by over half since the beginning of the year, major So ...; Global Economic Times Reporter 2025.10.19

Energy Storage Projects Soar in Spain, Surge Driven by Post-Blackout Urgency: MADRID – The Spanish energy sector witnessed a sharp acceleration in the development of energy storage projects during the t ...; Graciela Maria Reporter 2025.10.18

Giant Vessels Reshaping the Global Seas: The New Era of Offshore Wind Installation: The world’s seas are undergoing a transformation, largely driven by the arrival of specialized, massive vessels that are key ...; Global Economic Times Reporter 2025.10.18

U.S. Startup Unveils 3D Solar Towers: A Potential End to Conventional Solar Panels: DALLAS, TX — A groundbreaking innovation originating from the United States is poised to fundamentally alter the landscape o ...; KO YONG-CHUL Reporter 2025.10.18

Korea’s Compact Powerhouse: Hanwha Unveils Next-Gen Naval Vessel and STOL Drone, Shaking Global Defense Market: SEOUL/WASHINGTON D.C. – South Korea’s Hanwha Group is moving aggressively to secure the future of K-defense for the ne ...; Yim Kwangsoo Correspondent 2025.10.17

Incheon Airport Expands Global Footprint: Set to Develop and Operate Key Uzbek Hubs: Tashkent/Urgench, Uzbekistan — Incheon International Airport Corporation (IIAC), the operator of South Korea’s main ga ...; KO YONG-CHUL Reporter 2025.10.17

S. Korean President Lee Pledges Support for Gaming, Urges Worker Equity: SEOUL—President Lee Jae-myung pledged to transform the gaming industry into a core pillar of the nation’s cultural eco ...; Desk 2025.10.16

OpenAI Selects Argentina as First South American Base for 'Stargate,' Willing to Invest Massive $25 Billion: OpenAI, the developer of ChatGPT, is accelerating its global AI infrastructure expansion by selecting Argentina as one of the busi ...; Yim Kwangsoo Correspondent 2025.10.11

U.S. EV Demand Slowdown Directly Hits Enchem, Tennessee Plant Construction Plan Completely Scrapped: Enchem, a leader in the domestic electrolyte market, has completely withdrawn its plan to build a large-scale production base in T ...; Ana Fernanda Reporter 2025.10.11

POSCO International Launches Development of World's Second-Largest Graphite Mine in Tanzania to Secure EV Battery Supply: MOROGORO, Tanzania—POSCO International has officially commenced the development of the Mahenge graphite mine in Tanzania, on ...; Hee Chan Kim Reporter 2025.10.10

SK Hynix's Market Cap Surpasses ₩300 Trillion on 42nd Anniversary, Driven by AI Memory Dominance: SEOUL, South Korea — SK Hynix Inc., a global leader in memory semiconductors, marked its 42nd anniversary on October 10, 202 ...; Hee Chan Kim Reporter 2025.10.10

Is China now copying even this? It's even making 'fake' K-food and exporting it to Southeast Asia.: SEOUL – South Korea is grappling with an escalating wave of counterfeit K-Food products flooding overseas markets, particula ...; KO YONG-CHUL Reporter 2025.10.10

Electrification Innovation: The 13kg Motor Opening the Future of Electric Vehicles: The advent of the electric vehicle (EV) era is fundamentally transforming the automotive industry. The roar of the internal combus ...; KO YONG-CHUL Reporter 2025.10.09

The Emergence of a Future Internal Combustion Engine Running on Ethanol Fuel, Not Electric or Hydrogen: Amidst the anticipated widespread shift toward electric and hydrogen vehicles, Mahle, a German automotive components company, is d ...; Yim Kwangsoo Correspondent 2025.10.09

Vietnam Airlines Launches New Hanoi-Cebu Direct Route: Accelerating Expansion of Southeast Asian Air Links: HANOI — Vietnam Airlines, Vietnam's national flag carrier, will launch a new direct air route connecting Hanoi, Vietnam, and ...; Shin Yeju Intern Reporter 2025.10.09

Phoenix Silicon International's NT$1.85 Billion Investment in New Taichung Plant: Phoenix Silicon International Corp, the world's largest supplier of reclaimed wafers, announced an investment of NT1.85billion(app ...; Eugenio Rodolfo Sanabria Reporter 2025.10.09

Chile Accelerates Energy Transition with Massive Battery Energy Storage System (BESS) Expansion: Chile is ramping up grid stabilization and energy transition efforts through large-scale Battery Energy Storage System (BESS) proj ...; Pedro Espinola Special Correspondent 2025.10.08

Peru Tourism Relaunches Strategy to Target the South Korean Market with 'My Peru Story 2' Campaign: The Commission for the Promotion of Exports and Tourism (PromPerú) has launched its second large-scale campaign, "My Peru S ...; Hwang Sujin Reporter 2025.10.08

Delays Plague Boeun's Third Industrial Complex; Groundbreaking Pushed to October Next Year: BOEUN — The development of the Boeun 3rd Industrial Complex in the area of Sajik-ri and Goseung-ri, Tanbu-myeon, is facing a ...; Hwang Sujin Reporter 2025.10.05

UK Poised to Lead Europe in Direct-to-Device Satellite Connectivity: London — The United Kingdom is fast positioning itself as a leader in the next generation of telecommunications, specificall ...; Eugenio Rodolfo Sanabria Reporter 2025.10.05