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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Anthropic Eyes Up to $5 Billion Investment, Valuation Soars to $170 Billion: SAN FRANCISCO - Anthropic, a prominent competitor to OpenAI, is reportedly in discussions to secure up to $5 billion in new fundin ...; Eugenio Rodolfo Sanabria Reporter 2025.07.30

Toyota to Kickstart EV Production in Europe by 2028, Czech Republic to Host First Plant: PRAGUE, CZECH REPUBLIC – Japanese automotive giant Toyota is set to commence electric vehicle (EV) production in Europe, wit ...; Global Economic Times Reporter 2025.07.30

Samsung Electronics Wins ₩23 Trillion Foundry Contract with Tesla, Alleviating 'Distrust in Technology': Samsung Electronics has achieved a turning point in its foundry business after winning a semiconductor consignment production (fou ...; KO YONG-CHUL Reporter 2025.07.28

Unprecedented Heatwave Changes the Consumer Map: An all-time record heatwave has swept across the country, significantly altering the consumer landscape. People have sought out co ...; Hwang Sujin Reporter 2025.07.28

The Politburo of Vietnam Directs Expansion of Social Housing Eligibility: The Politburo of Vietnam recently announced a major overhaul of its social housing policy. According to a conclusion issued on Jul ...; Desk 2025.07.27

Paraguay to Host International Gathering of Women Agricultural Leaders: The 1st International Gathering of Women Protagonists in Agriculture (Primer Encuentro Internacional de Mujeres Protagonistas del ...; Graciela Maria Reporter 2025.07.25

Paraguay Proposes 10-Million-Ton Freight Railway Construction to Spanish Companies: On the 23rd (local time), in a meeting with business leaders from both nations held in Asunción, Paraguay's Minister of Ind ...; Yim Kwangsoo Correspondent 2025.07.25

Paraguay's Ministry of Agriculture and Livestock (MAG) Promotes Bell Pepper Cultivation for Small-Scale Producers… Expects Increased Farm Income and Strengthened Food Sovereignty: ASUNCIÓN, Paraguay – Paraguay's Ministry of Agriculture and Livestock (MAG) is actively encouraging the cultivation o ...; Yim Kwangsoo Correspondent 2025.07.25

Cheonan Institute of Science & Industry Promotion Accelerates Corporate Energy Efficiency Support with ‘On-site Energy Expert Training’: The Cheonan Institute of Science & Industry Promotion (Director Hwang Kyu-il) is recruiting companies to participate in its &l ...; HONG MOON HWA Senior Reporter 2025.07.22

Qatar Embarks on Construction of World's Largest 3D-Printed School: The Middle Eastern nation of Qatar is set to house the world's largest 3D-printed building, spanning the size of six football fiel ...; Graciela Maria Reporter 2025.07.20

Seongdong-gu Wins A' Design Award Platinum for 'Seongdong-type Smart Shelter', Elevating K-Administration Status: Seoul's Seongdong-gu's innovative future-oriented bus stop, the 'Seongdong-type Smart Shelter,' has won the highest honor, Platinu ...; Hwang Sujin Reporter 2025.07.20

Hanwha Ocean Secures KRW 2.2 Trillion LNG Dual-Fuel Container Ship Contract with Taiwan's Yang Ming Marine Transport: SEOUL, July 18, 2025 – Hanwha Ocean has once again demonstrated its competitiveness in the high-value-added vessel market by ...; KO YONG-CHUL Reporter 2025.07.18

Bucheon City Boosts Local Employment with "On-Site Recruitment Center on the Go": Bucheon City is stepping up its efforts to vitalize local employment by operating an "On-Site Recruitment Center on the Go," direc ...; Hwang Sujin Reporter 2025.07.17

Bucheon City Goes All Out for Global Investment Attraction at International e-Mobility Expo, Aims to Become a Future Mobility Hub: Bucheon City participated in the '12th International e-Mobility Expo', which successfully concluded in Seogwipo City, Jeju, from J ...; Hwang Sujin Reporter 2025.07.17

Chungnam Institute for Culture & Arts to Host 'New Content AI Festa': The Chungnam Institute for Culture & Arts (President Kim Gok-mi, hereinafter referred to as the Institute) will host the 'New ...; HONG MOON HWA Senior Reporter 2025.07.17

AFD Diversifies Portfolio by Strengthening Support for SMEs and Women-Led Businesses: ASUNCIÓN, Paraguay – The Financial Development Agency (AFD) of Paraguay is significantly diversifying its portfolio b ...; KO YONG-CHUL Reporter 2025.07.16

PY01 Highway Expansion Project: Operator Selection Nearing: ASUNCIÓN – The Paraguayan Ministry of Public Works and Communications (MOPC) is accelerating the PY01 highway expansi ...; Eugenio Rodolfo Sanabria Reporter 2025.07.16

Trump's Tariff War Escalates: 30% Tariffs Announced on EU and Mexico: WASHINGTON D.C. — President Donald Trump announced on his social media platform, Truth Social, on the 12th (local time) that ...; KO YONG-CHUL Reporter 2025.07.13

The Jeonbuk traditional markets are aiming to revitalize the local economy with a relay of festivals until the end of the year.: Jeollabuk-do announced that it will hold a series of diverse themed festivals at 9 traditional markets across the province until t ...; Yim Kwangsoo Correspondent 2025.07.13

Incheon Airport Maglev to Resume Operations in September as a 'Tourism and Experience' Facility, Losing its Status as Urban Railway: The Incheon Airport Maglev is set to resume operations from September, transforming from an urban railway into a tourism and exper ...; Min Gyu Mi Reporter 2025.07.13