Global Economic Times

2026.03.22 (Sun)
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LG Energy Solution to Pivot Strategy: Boosting ESS and New Business Share to Mid-40% Range

(C) The Investor SEOUL – LG Energy Solution (LGES), a global leader in the battery industry, has announced a significant strategic shift aimed at diversifying its business portfolio. During t
BMW ‘The New i3’ Next-Gen EV: 900km Range

MUNICH — As the automotive world pivots toward a sustainable future, BMW has officially unveiled what may be the most pivotal vehicle in its century-long history: The New i3. Representing the se

Samsung Electronics Bets Big on AI Era with Record $83 Billion Investment Blitz

SEOUL – In a bold bid to cement its dominance in the burgeoning artificial intelligence (AI) landscape, Samsung Electronics announced on Thursday a record-breaking "Value-Up" plan, c

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KT Announces Compensation Plan for Massive Cyber Breach: Termination Fee Waivers and 100GB Data Bonus: (C) KT Enterprise KT Corporation, one of South Korea’s leading telecommunications giants, officially announced a comprehe ...; Global Economic Times Reporter 2025.12.30

Hyundai Likely to Forfeit Buyback Option on Russian Plant Amid Geopolitical Stasis: (C) bne IntelliNews SEOUL — Hyundai Motor Company is facing a grim reality regarding its production future in Russia. Accor ...; Graciela Maria Reporter 2025.12.30

From Symbol of Decline to Epicenter of Revival: Hanwha Philly Shipyard Emerges as the Cornerstone of Trump’s Naval Ambitions: (C) The Virginian Pilot PHILADELPHIA – On a cold December afternoon at the historic Philadelphia Navy Yard, the rhythmic cl ...; KO YONG-CHUL Reporter 2025.12.30

S. Korea to Revoke ‘ISMS-P’ Security Certifications for Breaches Affecting Over 10 Million Users: SEOUL – The South Korean government has announced a stringent overhaul of the national information security certification sy ...; Hwang Sujin Reporter 2025.12.29

Yongin Semiconductor Cluster Gains Momentum as Land Compensation Begins; Construction Slated for Late 2026: (C) Venture square YONGIN, South Korea — The ambitious project to establish the "Yongin Advanced System Semiconductor Nat ...; Min Gyu Mi Reporter 2025.12.29

Homeplus Submits Rehabilitation Plan Featuring Split-Off Sales and Store Closures: SEOUL – Homeplus, currently undergoing corporate rehabilitation, has submitted a "Structural Innovation Rehabilitation Plan" ...; Kim Sungmoon Reporter 2025.12.29

Samsung Electronics Signals Comeback in Robot Vacuum Market, Overtaking Chinese Rival Roborock in Online Buzz: (C) Yicai Global SEOUL — Samsung Electronics is gearing up for a major showdown to reclaim its home turf from Chinese domin ...; Hwang Sujin Reporter 2025.12.29

The Era of Private Space Stations: Voyager, Airbus, and Mitsubishi Join Forces for 'Starlab': (C) Aero Times The race for the next generation of orbital outposts is heating up as global aerospace giants solidify their par ...; Ana Fernanda Reporter 2025.12.29

New Food Trends: From Creamy Fusion Noodles to Traditional Korean Pickles: (C) Hong Kong Banjom SEOUL — South Korea’s vibrant food and beverage industry continues to evolve as major players in ...; Kim Sungmoon Reporter 2025.12.27

Energy Giant Samchully Acquires 'Sunggyung Food' for 120 Billion Won to Boost Food Business: SEOUL — Samchully Group, South Korea's leading city gas provider, is set to acquire Sunggyung Food, the manufacturer of the ...; KO YONG-CHUL Reporter 2025.12.27

Korea’s Minimum Wage Surpasses "Employment Danger Zone," IMF Warns of Job Losses: (C) Working Times SEOUL – Small business owners in South Korea are increasingly vocal about the financial strain caused by ...; Shin Yeju Intern Reporter 2025.12.27

China Becomes ‘Graveyard for Imported Cars’ as German Luxury Brands Plummet: (C) PCAuto BEIJING – The once-dominant reign of global premium automakers in China is facing a structural crisis. As domest ...; Yim Kwangsoo Correspondent 2025.12.27

HD Hyundai Heavy Industries Nears 20-Vessel Export Milestone with Philippine Corvette Deal: (C) HD Hyundai Heavy Industries (HD HHI) SEOUL — HD Hyundai Heavy Industries (HD HHI) is on the verge of reaching a histori ...; Hwang Sujin Reporter 2025.12.27

Jeonbuk State Achieves Milestone: First Non-Metropolitan Region to Break 1 Trillion Won Venture Fund Mark: JEONJU – Jeonbuk Special Self-Governing State has made history by becoming the first non-metropolitan region in South Korea ...; KIM YOUNG MIN Specialized Reporter 2025.12.25

NCSoft Launches Year-End 'PC Cafe Festival' with Multi-Game Rewards: (C) KED Global SEOUL – NCSoft, a leading South Korean game developer and publisher, announced on Wednesday the launch of it ...; Global Economic Times Reporter 2025.12.25

Volkswagen Atlas Earns Highest Safety Rating 'TSP+' from U.S. IIHS: (C) Carisyou The Volkswagen Atlas, a flagship large-size SUV, has demonstrated its superior safety by earning the "Top Safety P ...; Pedro Espinola Special Correspondent 2025.12.24

Yongin Prugio One Cluster Park Emerges as Prime Residential Hub Behind World's Largest Semiconductor Cluster: (C) Yongin Prugio One Cluster Park Yongin City, Gyeonggi Province, is rapidly rising as a focal point of the real estate market, ...; Kim Sungmoon Reporter 2025.12.24

Samsung Biologics Acquires GSK’s U.S. Plant to Bypass Tariff Barriers: (C) KBR MARYLAND – Samsung Biologics (207940.KS) has officially entered the U.S. manufacturing landscape by acquiring a lar ...; Yim Kwangsoo Correspondent 2025.12.23

Samsung Chairman Lee Jae-yong Visits Semiconductor Hub to Spearhead 'Super Cycle' Strategy: (C) The Investor YONGIN/HWASEONG — Samsung Electronics Chairman Lee Jae-yong has officially commenced a high-profile inspec ...; Global Economic Times Reporter 2025.12.23

KFTC Fines Korean Air and Asiana KRW 6.46 Billion for Capacity Reduction Violations: (C) Aviation A2Z SEOUL — The merger process between South Korea’s two largest carriers, Korean Air and Asiana Airline ...; Desk 2025.12.23

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