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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Paraguay Commemorates Labor Day Amidst High Informal Employment Rate: Sixty-two percent of Paraguay's economic actors operate in the informal sector, which poses a significant obstacle to the country' ...; Graciela Maria Reporter 2025.05.03

Philippine Battery Manufacturer Exploring Investment Opportunities in Paraguay: Jet Ambalada, a representative of one of Asia's leading battery manufacturers, is visiting Paraguay to explore potential investmen ...; Eugenio Rodolfo Sanabria Reporter 2025.05.03

"Apply for the Public Interest Direct Payment for Fisheries": Chungcheongnam-do Province announced on the 25th that it will accept applications for the 'Public Interest Direct Payment for Fish ...; HONG MOON HWA Senior Reporter 2025.05.02

Flexible Work Arrangements Utilized by 15% of Wage Workers in South Korea, Shifting Preferences Observed: According to the supplementary survey on the economically active population conducted by Statistics Korea on August of last year, ...; Desk 2025.05.01

Singapore Airlines and OpenAI Forge Strategic AI Partnership to Revolutionize Air Travel: Singapore - Singapore Airlines (SIA), a globally recognized leader in air transportation, has announced a groundbreaking collabora ...; Desk 2025.05.01

Freight Architects Draw on Japanese Spatial Concept for Singapore's Oku House: Singapore – Local architectural practice Freight Architects has recently completed Oku House, a distinctive residence in the ...; Global Economic Times Reporter 2025.05.01

South Korea Strengthens Aviation Safety Regulations Following Recent Incidents: Seoul, South Korea - In a decisive move to bolster aviation safety, the South Korean Ministry of Land, Infrastructure and Transpor ...; KO YONG-CHUL Reporter 2025.04.30

Gyeongnam Province Accelerates Future Mobility with New Virtual Development Hub: Gimhae, South Korea – Gyeongsangnam-do Province has officially launched its "Future Vehicle Virtual Center" in Gimhae, marki ...; Kim Sungmoon Reporter 2025.04.30

LS Greenlink Breaks Ground on Landmark $681 Million Submarine Cable Plant in Virginia, Boosting US Offshore Wind and Energy Infrastructure: Chesapeake, Virginia – LS Greenlink, the U.S. subsidiary of South Korean cable giant LS Cable & System, has officially c ...; Eunsil Ju Reporter 2025.04.30

LG Energy Solution and Derichebourg Forge European Battery Recycling Alliance: SEOUL, SOUTH KOREA and PARIS, FRANCE – April 29, 2025 – In a significant move to bolster the European sustainable batt ...; Yim Kwangsoo Correspondent 2025.04.30

Gangneung City Selects 20 Winning Entries for the 17th Gangneung Tourism Souvenir Contest: Gangneung City, Gangwon Special Self-Governing Province (Mayor Kim Hong-gyu), has announced the selection of 20 winning entries fr ...; Hwang Sujin Reporter 2025.04.28

Namdaemun Market: Where 70 Years of Tradition Meets MZ Generation Sensibility: The Galchi (Hairtail Fish Stew) Alley in Seoul's Namdaemun Market is getting younger. Recently, young entrepreneurs in their 20s a ...; Hwang Sujin Reporter 2025.04.28

Gyeonggi Province Highlights Medical Excellence at Kazakhstan's Premier Healthcare Exhibition: Gyeonggi Province has once again underscored its commitment to the burgeoning medical tourism sector by participating in the Kazak ...; Global Economic Times Reporter 2025.04.28

U.S.-China Tariff War Triggers Dramatic Cargo Drop, Disrupting Trade Flows: The intensifying tariff battle between the United States and China is wreaking havoc on global trade flows, leading to a precipito ...; Greace Nunez Correspondent 2025.04.28

Incheon-Dandong Ferry Service Restarts Passenger Operations After Over Five-Year Hiatus: INCHEON, South Korea – The maritime connection between South Korea and China has been revitalized as the Incheon-Dandong fer ...; Min Gyu Mi Reporter 2025.04.28

Lee Soo-man's Zalpha-Pop Takes Root in US Market with Debut of A2O MAY: SEOUL & BEIJING – Music industry mogul Lee Soo-man, the pioneering force behind the global phenomenon of K-pop through h ...; Hwang Sujin Reporter 2025.04.28

KHIDI Facilitates Chinese Market Entry for Promising South Korean Biopharma Firms in Collaboration with AstraZeneca: SEOUL, South Korea – The Korea Health Industry Development Institute (KHIDI) has recently concluded a successful initiative ...; KIM YOUNG MIN 2025.04.28

Gyeongbuk Province Intensifies Efforts to Attract Chinese Tourists with Emotional Tourism Appeal: Gyeongsangbuk-do Province and its tourism arm, the Gyeongbuk Culture & Tourism Organization, are strategically positioning the ...; Global Economic Times Reporter 2025.04.28

Shein Hikes U.S. Prices by Up to 377% as Tariff Deadline Looms: In a dramatic shift, Chinese online retail giant Shein has significantly increased prices on its U.S. product listings, with some ...; Ana Fernanda Reporter 2025.04.28

China Rolls Out Enhanced Tax Refund Scheme to Spur Foreign Tourism and Spending: Beijing, China – In a significant move aimed at revitalizing its tourism sector and boosting foreign consumption, China has ...; Kim Sungmoon Reporter 2025.04.28