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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Philippines Accelerates Global Market Penetration with Halal Industry: An Ambitious Leap Towards a 'Halal-Friendly Philippines': As the global halal market expands rapidly, the Philippine government is actively fostering its domestic halal industry as a key n ...; Kim Sungmoon Reporter 2025.06.23

The 4th International Symposium on Copyright Protection and Enforcement: Strengthening International Solidarity for the Future of K-Content: The Ministry of Culture, Sports and Tourism (MCST), in collaboration with the World Intellectual Property Organization (WIPO) and ...; Hwang Sujin Reporter 2025.06.23

Paraguay, Rising as a Service Export Hub: The Leap Forward and Future Strategy of the BPO Industry: Paraguay is currently at a crucial turning point. Moving away from an economic structure historically concentrated on agriculture ...; Pedro Espinola Special Correspondent 2025.06.23

Paraguay's Energy, a Hot Potato in the Brazilian Market: 28 Companies' Overtures, 'Fair Price' is Key: Brazilian companies are showing keen interest in Paraguay's electric power. So far, 28 Brazilian companies have been approved to p ...; Greace Nunez Correspondent 2025.06.23

Baekdu Mountain Spring Water: 5,000 Tons Flow Daily to Korean Consumers: ERDAOBAIHE, JILIN PROVINCE, China – A two-hour bus ride from Yanji Airport in Yanbian Korean Autonomous Prefecture brings on ...; Yim Kwangsoo Correspondent 2025.06.22

HD Hyundai Forges Ahead into U.S. Shipbuilding Market, Strengthening Korea-U.S. Cooperation in the Trump Era: SEOUL, South Korea – HD Hyundai is accelerating its entry into the U.S. market through comprehensive collaboration with a l ...; Desk 2025.06.22

MEYLE Unveils Ambitious Plan: 4,000 Electrification Components to Bolster E-Mobility Aftermarket: Bucheon-si, Gyeonggi-do, South Korea – German premium automotive parts manufacturer MEYLE has announced a significant expans ...; KO YONG-CHUL Reporter 2025.06.21

President Lee Jae-myung Highlights Regional Potential for High-Tech Industries with Ulsan AI Data Center Launch: Ulsan, South Korea – President Lee Jae-myung today underscored the pivotal role of regional development in South Korea's hig ...; Global Economic Times Reporter 2025.06.21

South Korea's Naepo Agri-Bio Cluster Poised for Global Green Bio Leadership with KAIST and Celltrion Partnership: Naepo, Chungnam Province, South Korea – South Korea's ambitious vision for a global green bio hub is rapidly taking shape in ...; HONG MOON HWA Senior Reporter 2025.06.20

Philippines Rises as a Global Halal Powerhouse, Posing Both Competition and Partnership for South Korea: MANILA, Philippines – The global halal market, once perceived as a niche segment driven solely by religious adherence, is ra ...; KO YONG-CHUL Reporter 2025.06.20

Korea's Defense Industry Soars: KAI's Billion-Dollar Wins and Global Expansion: SEOUL, South Korea – South Korea's defense industry is rapidly emerging as a formidable global competitor, with Korean aeros ...; Desk 2025.06.20

K-Fashion and Beauty Set Sights on China Once More as Relations Warm: SEOUL, South Korea – The Korean fashion and beauty industries are once again setting their sights on the vast Chinese market ...; Global Economic Times Reporter 2025.06.20

US Considers Broader Semiconductor Export Curbs Ahead of Crucial China Trade Talks: WASHINGTON D.C. – The United States Commerce Department reportedly considered expanding its restrictions on semiconductor eq ...; Greace Nunez Correspondent 2025.06.20

China's Stubborn Youth Unemployment Rate Poses Growing Threat Ahead of Record Graduation Season: BEIJING – China's youth unemployment rate, a persistent economic and social challenge, edged down for the third consecutive ...; Greace Nunez Correspondent 2025.06.20

Cheongna International City: Emerging as a New Mixed-Use Development Hub in the 2030s: Much like New York's Hudson Yards, Berlin's Potsdamer Platz, and Tokyo's Azabudai Hills, Cheongna International City is poised to ...; Desk 2025.06.19

South Chungcheong Province Commits ₩3.1 Trillion to Ambitious Air Pollutant Reduction Initiative: CHUNGCHEONGNAM-DO, South Korea – South Chungcheong Province, a major industrial hub in South Korea, is embarking on an exten ...; KIM YOUNG MIN 2025.06.19

South Korea Secures $120 Million Foreign Investment in Semiconductor Materials Sector: CHUNGCHEONGNAM-DO, South Korea – Chungcheongnam Province (Chungnam) has successfully attracted $120 million in foreign inves ...; HONG MOON HWA Senior Reporter 2025.06.19

Local Support Surges for Jicheon Climate-Resilient Dam Project: CHEONGYANG/BUYEO, CHUNGNAM PROVINCE – A recent survey commissioned by the Jicheon Dam Regional Consultative Body reveals ove ...; HONG MOON HWA Senior Reporter 2025.06.19

South Korea's Construction Sector Faces Deep Freeze as Job Losses Mount: SEOUL, South Korea – South Korea's construction industry is grappling with an unprecedented downturn, triggering widespread ...; Kim Sungmoon Reporter 2025.06.18

Hyundai Rotem Unveils K-Rail Blueprint at Busan International Railway Technology Fair: BUSAN, South Korea – Hyundai Rotem today unveiled its ambitious "K-Rail" roadmap, outlining its strategic direction to lead ...; ONLINE TEAM 2025.06.18