Global Economic Times

2026.06.27 (Sat)
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Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

At the 2026 Busan Mobility Show held on June 26, Kia Corporation unveiled a comprehensive future mobility strategy centered on three core pillars: Software-Defined Vehicles (SDV), Purpose-Built Vehicl
Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante

BUSAN, South Korea — At the 2026 Busan Mobility Show held at BEXCO on June 26, José Muñoz, President and CEO of Hyundai Motor Company, unveiled a bold vision for the future of the

Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput

The Incheon Port Authority (IPA) has announced a significant restructuring of its long-standing incentive program, aiming to reinvigorate cargo traffic and solidify the port’s position as a prem

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A Turning Point for Apple? The iPhone 17 and the AI Frontier: Apple, once the undisputed king of innovation, has faced a dual challenge recently: falling behind in the AI race and grappling wi ...; Eugenio Rodolfo Sanabria Reporter 2025.08.27

AI's Double-Edged Sword: A Looming Threat to Youth Employment in the US: A recent study by Stanford University researchers presents compelling evidence that the rise of generative artificial intelligence ...; Eugenio Rodolfo Sanabria Reporter 2025.08.27

"K-Demon Hunters" Fuels Historic Surge in Korean Cultural Tourism: SEOUL — The global phenomenon of the Netflix animated series "K-Demon Hunters" has ignited a new wave of cultural tourism in ...; Hwang Sujin Reporter 2025.08.26

HD Hyundai Launches Landmark Investment Program to Rebuild U.S. Shipbuilding Industry: WASHINGTON, D.C. — HD Hyundai has deepened its strategic partnership with the United States by launching a landmark, multi-b ...; Eunsil Ju Reporter 2025.08.26

Paraguay Kicks Off Green Hydrogen Production Using Itaipu Hydroelectric Power Plant: Paraguay is accelerating its efforts to produce green hydrogen by utilizing surplus power from the Itaipu hydroelectric power plan ...; Greace Nunez Correspondent 2025.08.22

Cosmecca Korea Poised for Global Expansion Following Landmark Halal Certification: SEOUL – In a strategic move set to reshape its global market presence, Cosmecca Korea, a powerhouse in the South Korean cosm ...; LEE YEON SIL Reporter 2025.08.21

SPC Group Launches Major Halal Bakery in Malaysia to Target Global Market: KUALA LUMPUR, MALAYSIA – SPC Group, a leading South Korean food conglomerate, has officially opened a state-of-the-art, larg ...; Pedro Espinola Special Correspondent 2025.08.21

Halal Certification Consultation for Businesses Now Underway... Free Support from MFDS: The export value of K-Food and K-Cosmetics is increasing every year, and tourists visiting Korea do not hesitate to spend money on ...; KO YONG-CHUL Reporter 2025.08.21

South Korea's "Labor Police" Initiative Sparks Debate: Is It About Safety or Punishment?: SEOUL—In a dramatic policy shift, the South Korean government is pushing forward with a massive expansion of its industrial ...; ONLINE TEAM 2025.08.20

A New Approach to Workplace Safety: Balancing Enforcement and Prevention: The South Korean government, under the strong leadership of President Lee Jae-myung, is considering new and stringent penalties fo ...; Hwang Sujin Reporter 2025.08.20

South Korean Industries Brace for Impact as US Expands Steel Tariffs: Washington, D.C. - The U.S. government has expanded its Section 232 tariffs on imported steel and aluminum products, a move that i ...; Sharon Yoon Correspondent 2025.08.18

"K-wave's Next Chapter: A Global Gold Rush Challenges South Korea's Creative Dominance": LOS ANGELES – The global fanfare for the Netflix film "K-pop Demon Hunters" (often stylized as "Kedeheon" in South Korea) ha ...; Hwang Sujin Reporter 2025.08.16

Gyeongnam Province Rolls Out 'Stay-and-Explore' Packages to Woo Chinese Tourists: CHANGWON, South Korea — Gyeongsangnam-do (Gyeongnam) Province has launched a series of new, immersive tour packages designed ...; Hee Chan Kim Reporter 2025.08.13

US Tariffs on 1kg Gold Bars Shake Global Market: NEW YORK – In a move that has surprised the global gold industry, the U.S. government has begun imposing tariffs on imported ...; Graciela Maria Reporter 2025.08.11

NVIDIA, AMD to Pay 15% of China Revenue for Export License, Report Says: WASHINGTON – In a move described as "unprecedented," tech giants Nvidia and AMD have reportedly struck a deal with the U.S. ...; Eugenio Rodolfo Sanabria Reporter 2025.08.11

Ilhwa Accelerates Southeast Asian Expansion with Vietnamese Market Entry: SEOUL – In a strategic move to solidify its presence in the burgeoning Southeast Asian market, Ilhwa, a prominent South Kore ...; Desk 2025.08.11

Record-Breaking Panama Geisha Coffee Sells for Over $30,000 Per Kilogram at Auction: BOQUETE, PANAMA – Panama's world-renowned Geisha coffee, often hailed as the "God of coffee," has once again captured global ...; Greace Nunez Correspondent 2025.08.11

South Korea's Job Market Hits 26-Year Low Amid Manufacturing Slump: SEJONG – South Korea's job market is experiencing its most significant downturn in a generation, with the number of job open ...; KO YONG-CHUL Reporter 2025.08.11

Apple Announces Additional $100 Billion U.S. Investment, Unveils New Partnership With Samsung: CUPERTINO, CA — In a significant expansion of its domestic manufacturing commitments, Apple announced on August 6 that it wi ...; Ana Fernanda Reporter 2025.08.07

President Trump Announces Sweeping 100% Tariff on Imported Semiconductors: WASHINGTON — In a dramatic move aimed at revitalizing domestic manufacturing, President Donald Trump announced on Wednesday ...; Eugenio Rodolfo Sanabria Reporter 2025.08.07