Global Economic Times

2026.05.08 (Fri)
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Samsung Electronics Shifts Strategy in China: Moving from Hardware Sales to Platform-Based Business

SEOUL – Samsung Electronics is undertaking a major restructuring of its home appliance business in China, marking a significant pivot 34 years after first entering the market. The move is seen a
Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests

WASHINGTON D.C. — Tesla’s flagship SUV, the Model Y, has made history as the first vehicle to pass the United States government’s newly implemented safety tests for advanced driver-a

Celltrion’s Zymfentra Sees Explosive 300% Growth, Hits Record Quarterly Prescriptions in the U.S.

[NEW YORK] – Celltrion’s strategic push into the United States is yielding unprecedented results. Zymfentra (marketed as Remsima SC outside the U.S.), the world's first and only subcut

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Bank Branch Closures Raise Concerns Over Financial Exclusion in South Korea: The rapid digitalization of finance and the rise of non-face-to-face interactions due to the COVID-19 pandemic have led to a signi ...; Desk 2025.04.26

Revitalization of Incheon-Baengnyeong Ferry Route Gains Momentum with New Vessel Construction Fund: Incheon, South Korea – Plans for a large-scale ferry connecting Incheon and Baengnyeong Island have received a significant b ...; Min Gyu Mi Reporter 2025.04.26

Incheon i-Baedal Pass Connects Hearts to West Sea Islands, but Accessibility to the Mainland Remains a Challenge: Incheon, South Korea - Since January 2025, the implementation of Incheon's i-Baedal Pass has significantly lowered the barrier for ...; Hwang Sujin Reporter 2025.04.26

Japan Pioneers World's First Lightning Prevention Drone System: Tokyo, Japan - Nippon Telegraph and Telephone Corporation (NTT) has announced a groundbreaking achievement in meteorological techn ...; Eugenio Rodolfo Sanabria Reporter 2025.04.26

Retro Roadside Renaissance: Australian Motels Reimagined for a Younger Generation: Across Australia, a nostalgic transformation is underway. The humble roadside motel, once a ubiquitous fixture catering to the bur ...; Desk 2025.04.26

New Zealand's Innovation Landscape Transformed by Digital Advancement, R&D Hits Record High: Wellington, New Zealand – New Zealand's innovation ecosystem is undergoing a significant and rapid transformation, propelled ...; Desk 2025.04.26

Garorim Bay National Marine Ecological Park Aims to Pass Preliminary Feasibility Study: Chungcheongnam-do Province accelerates efforts to designate Garorim Bay as a National Marine Ecological Park and secure government ...; KO YONG-CHUL Reporter 2025.04.25

South Chungcheong Province to Host National Railway IT Center: South Chungcheong Province has announced the establishment of the "National Railway IT Center" (철도 IT운영센터), a facility poised to c ...; KO YONG-CHUL Reporter 2025.04.25

Young Farmer in South Chungcheong Province Pioneers Strawberry Export Market with New Varieties, Achieving ₩2 Billion in Annual Sales: Hongseong, South Chungcheong Province – South Chungcheong Province is highlighting the remarkable success of a young farmer ...; HONG MOON HWA Senior Reporter 2025.04.25

Taean to Establish Carbon Capture Hydrogen Production Base, Aiming for Green Energy Transition: Taean, South Korea - Chungcheongnam-do Province has announced its plan to build a "Carbon Capture Hydrogen Production Base" in Tae ...; HONG MOON HWA Senior Reporter 2025.04.25

Chungnam Establishes National Hub for Next-Generation Display Supremacy: Cheonan, South Korea – Chungcheongnam-do (South Chungcheong Province) has officially launched the "Chungnam TP Display Innov ...; HONG MOON HWA Senior Reporter 2025.04.25

South Korea Considers Retrofitting Combustion Engine Motorcycles to Electric to Boost EV Adoption: The South Korean Ministry of Environment is exploring a novel approach to accelerate the adoption of electric motorcycles: convert ...; KO YONG-CHUL Reporter 2025.04.25

Honda Gears Up for Electric Motorcycle Battle in India, Aiming for Market Dominance: Facing headwinds in its automotive division, Honda Motor Co. is aggressively pursuing a new growth engine in India's burgeoning el ...; Graciela Maria Reporter 2025.04.25

Local Governments in Korea Accelerate Electric Motorcycle Distribution for Air Quality Improvement and Carbon Neutrality: Local governments across South Korea are actively promoting the adoption of electric motorcycles to improve air quality and achiev ...; KIM YOUNG MIN 2025.04.25

XRP Emerges as the Most Popular Altcoin in Latin America, Bitso Report Reveals: According to a recent report by Cryptopolitan, XRP has solidified its position as the most favored altcoin among cryptocurrency in ...; KO YONG-CHUL Reporter 2025.04.25

World Coffee Festival Organization and Korea Importers Association Sign MOU for Successful Festival and Mutual Growth: SEOUL – The World Coffee Festival Organizing Committee (Chairman Choi Geum-jeong) and the Korea Importers Association (Chair ...; Hwang Sujin Reporter 2025.04.25

PharmaResearch Targets European Aesthetic Market with Direct Sales of Rejuran: PharmaResearch, a prominent South Korean biopharmaceutical company making significant strides in the aesthetic medicine sector, is ...; Hwang Sujin Reporter 2025.04.25

Europe Poised for Record-Breaking Solar Power Generation in 2025: Europe is on track to witness an unprecedented surge in solar power generation this year, marking a significant milestone in its r ...; Greace Nunez Correspondent 2025.04.25

Hwasun Chonnam National University Hospital Celebrates 21st Anniversary, Aiming to Become Asia's Leading Cancer Center: Hwasun, South Korea - Hwasun Chonnam National University Hospital (HCNUH), under the leadership of President Min Jung-joon, commem ...; Yim Kwangsoo Correspondent 2025.04.25

LD Carbon Completes Asia's Largest Waste Tire Recycling Facility in Dangjin, South Korea: Dangjin, South Korea – LD Carbon, a specialized resource circulation company, announced today the completion of its waste ti ...; HONG MOON HWA Senior Reporter 2025.04.25