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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Washington House to Revisit Amended Rent Control Bill, Late-Stage Hurdles Expected: Olympia, WA – The Washington State House of Representatives is set to re-examine a significantly amended rent control bill p ...; Hannah Yeh Reporter 2025.04.12

Montana Livestock Loss Board Accepting Applications for 2025 Loss Prevention Grants: HELENA, MONTANA – The Montana Livestock Loss Board (LLB) is now accepting applications for its 2025 Loss Prevention Grants. ...; Eunsil Ju Reporter 2025.04.12

AbbVie Sues South Dakota Over Law Protecting 340B Drug Discount Program: CHICAGO – Global pharmaceutical company AbbVie Inc. has filed a lawsuit against the state of South Dakota challenging a new ...; Hannah Yeh Reporter 2025.04.12

Keystone Pipeline Halts Operations After "Mechanical Noise," Crude Oil Spill Reported: North Dakota, USA – The Keystone Pipeline, a major conduit transporting crude oil from Canada to the United States, was urge ...; Hwang Sujin Reporter 2025.04.12

North Dakota's 'Legacy Fund' Loses $1 Billion Amid North American Market Plunge, Focus Remains on Long-Term Management: BISMARCK, ND - North Dakota's Legacy Fund, a repository for the state's oil and gas tax revenues, has reportedly incurred an estim ...; Hannah Yeh Reporter 2025.04.12

North Dakota Opens Door to Nuclear Energy Research: The North Dakota legislature has passed a bill allowing nuclear energy research within the state, setting the stage for active dis ...; Hannah Yeh Reporter 2025.04.12

Nevada Considers Bill to Curb Corporate Home Buying Amid Housing Market Concerns: Las Vegas, Nevada – As housing prices in Nevada continue their upward trajectory, state lawmakers are exploring measures to ...; ONLINE TEAM 2025.04.12

West Virginia Streamlines Professional License Transfers with New Law: Amidst a legislative session marked by several contentious bills, a notable piece of positive legislation has emerged in West Virg ...; Sharon Yoon Correspondent 2025.04.12

Uncertainty Clouds Kansas Sports Betting Market as Budget Amendment Halts Contract Renewals: TOPEKA, KANSAS - The future of Kansas's sports betting market has become increasingly uncertain after the state legislature passed ...; Eunsil Ju Reporter 2025.04.12

Oregon Businesses File $80 Million Class Action Lawsuit Alleging ADA Scam by Tennessee Law Firms: PORTLAND, Ore. – Multiple Oregon businesses have filed a class action lawsuit alleging that two Tennessee law firms orchestr ...; Sharon Yoon Correspondent 2025.04.12

Daejeon Aims to Leap Forward as a Next-Generation Robotics Deep-Tech Hub: In response to the rapidly evolving global and domestic robotics industry landscape, the Daejeon Metropolitan City Government has ...; HONG MOON HWA Senior Reporter 2025.04.11

Chungcheongnam-do Province Cultivates Roots for New Growth Engine in Cultural Content Industry: Chungcheongnam-do Province is strategically positioning its cultural content sector as a pivotal driver for future economic growth ...; KO YONG-CHUL Reporter 2025.04.11

Ministry of Culture, Sports and Tourism Opens ‘Korea 360’, Overseas Promotion Center for Korean Wave-related Industries in the United Arab Emirates: The Ministry of Culture, Sports and Tourism (Minister Yu In-chon), in collaboration with the Ministry of Agriculture, Food and Rur ...; KO YONG-CHUL Reporter 2025.04.11

Amels 80 by Damen Yachting Secures Top Honors at Yacht Style Awards 2025 in Singapore: Singapore – The cutting-edge superyacht Amels 80, from the globally renowned Dutch yacht builder Damen Yachting, has proudly ...; KO YONG-CHUL Reporter 2025.04.11

Singapore Changi Airport's Transit Passenger Attraction Campaign 'The Singapore Lounge' Proves Highly Effective: Attractive Benefits Such as Free City Tours Provided… Tourism Revenue Growth Expected: Singapore - Singapore's new 'The Singapore Lounge' campaign, launched to actively attract passengers transiting or transferring th ...; Hwang Sujin Reporter 2025.04.11

Singapore Navy Commences Construction of Next-Generation Offshore Patrol Vessels... Keel Laying Ceremony for First and Second Ships Held in Lithuania: Klaipėda, Lithuania - The Republic of Singapore Navy (RSN) has officially marked the commencement of its next-generation Offshore ...; Yim Kwangsoo Correspondent 2025.04.11

Singapore Unveils 'Tourism 2040 Roadmap': Boosting MICE Industry and Leisure Tourism: Singapore - Following a record-high tourism revenue of S$29.8 billion in 2024, the Singapore Tourism Board (STB) has unveiled its ...; KO YONG-CHUL Reporter 2025.04.11

Asia Sweeps Top 3 Spots in World's Best Airports... Singapore Changi Airport Named World's No. 1 in 2025: Madrid, Spain - According to the results of the '2025 World Airport Awards' announced by the UK-based air service rating agency Sk ...; Global Economic Times Reporter 2025.04.11

Singapore's Marina Bay Cruise Centre Undergoes Major Upgrade: SINGAPORE – The Marina Bay Cruise Centre Singapore (MBCCS) has announced its largest upgrade since its opening in 2012. This ...; Pedro Espinola Special Correspondent 2025.04.11

Amidst Trade War Fears Triggered by Trump's Tariffs, Attention Turns to 4 Singapore REITs with Solid Backing and High-Quality Assets: Singapore – As uncertainty looms over the global trade order with US President Donald Trump imposing broad import tariffs on ...; Yim Kwangsoo Correspondent 2025.04.11