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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Sihung City Celebrates Urban Agriculture Day, Launches Community Farming Initiatives: SIHUNG, SOUTH KOREA – Sihung City is gearing up to host a significant celebration of urban agriculture on Saturday, April 1 ...; Hwang Sujin Reporter 2025.04.07

Anyang Industry Promotion Agency Empowers Startups with Enhanced Digital Marketing Skills: ANYANG, SOUTH KOREA – The Anyang Industry Promotion Agency (AIPA), under the leadership of Chairman Choi Dae-ho, recently co ...; KO YONG-CHUL Reporter 2025.04.07

Australia Bolsters Anti-Dumping Measures Amid Global Trade Tensions: The recent imposition of sweeping tariffs by the United States has sent ripples through global markets, prompting Australia to rei ...; Desk 2025.04.07

Singapore's Marina Bay Sands Invests Heavily in Wellness, Presenting a New Paradigm for Luxury Resorts: SINGAPORE - Singapore's iconic landmark and luxury casino hotel, Marina Bay Sands (MBS), is seeking a transformation by actively i ...; KO YONG-CHUL Reporter 2025.04.07

Singapore Seeks Dialogue Instead of Immediate Retaliation for US Tariffs, Citing Burden on Both Economies: Singapore - Singapore has announced its intention to seek dialogue to resolve issues with the United States' imposition of a 10% b ...; Graciela Maria Reporter 2025.04.07

US Tariff Shock Urges Singapore Economic Model Shift: Need for Domestic Demand Expansion and Investment Reconsideration: SINGAPORE - As the full imposition of tariffs by the United States is expected to significantly impact the Singaporean economy, pu ...; Ana Fernanda Reporter 2025.04.07

Chandra Asri-Glencore Secures Strategic Chemical Hub in Singapore: Singapore/Jakarta – PT Chandra Asri Pacific Tbk (CAPGC), Indonesia’s largest integrated petrochemical company, and Gle ...; Global Economic Times Reporter 2025.04.05

Vietnam Signals Willingness to Negotiate 0% Tariffs on US Imports: SINGAPORE – In a move signaling a strong desire to bolster trade ties with the United States, Vietnam has indicated its will ...; KO YONG-CHUL Reporter 2025.04.05

Trump's Reciprocal Tariffs Expected to Hit China and Vietnam Hardest: U.S. President Donald Trump's announcement on Wednesday of reciprocal tariffs is projected to impact eight of the United States' t ...; Yim Kwangsoo Correspondent 2025.04.05

European Businesses Express Cautious Optimism Towards Vietnam's Economy: Hanoi, Vietnam - Approximately 68% of European business executives operating in Vietnam have indicated their willingness to recomm ...; Pedro Espinola Special Correspondent 2025.04.05

Taiwanese Textile, Furniture Firms Voice Concerns Over Potential US Tariff Hikes: Taipei - Major Taiwanese textile and furniture companies with extensive production bases in Southeast Asia are expressing growing ...; Ana Fernanda Reporter 2025.04.05

VARD Secures €113.5 Million Subsea Construction Vessel Contract with Dong Fang Offshore: OSLO, NORWAY – Leading Norwegian shipbuilding group VARD, a Fincantieri company, has announced the successful acquisition of ...; Desk 2025.04.05

After 22 Years and Trillions in Losses, Korea Completes Longest-Delayed Power Grid: South Korea has finally inaugurated the Bukdangjin–Shintangjeong high-voltage transmission line, a critical infrastructure p ...; KO YONG-CHUL Reporter 2025.04.05

Avian Influenza Scare Grips South Korea as Outbreak Hits Cheonan Laying Hen Farm: CHEONAN, SOUTH KOREA – Authorities in Chungcheongnam-do Province are scrambling to contain a new outbreak of avian influenza ...; HONG MOON HWA Senior Reporter 2025.04.05

Daejeon to Host Innovation Exchange Focused on Planned Startups and Investment: Daejeon, South Korea – Daejeon Metropolitan City is set to convene the third installment of its Daejeon Innovative Technolog ...; HONG MOON HWA Senior Reporter 2025.04.05

Chungcheongnam-do Boosts Aquatic Animal Disease Prevention Efforts Through Comprehensive Education: Chungcheongnam-do, South Korea – Chungcheongnam-do province is taking proactive steps to safeguard its aquaculture industry ...; KO YONG-CHUL Reporter 2025.04.05

Chungcheongnam-do Strategizes Innovative Senior Employment Solutions Amidst Aging Population: Chungcheongnam-do, South Korea – In a proactive response to South Korea's rapidly aging demographics, Chungcheongnam-do prov ...; HONG MOON HWA Senior Reporter 2025.04.05

Chungcheongnam-do Invests ₩164.1 Billion to Boost Development in Southwestern Region: Chungcheongnam-do, South Korea – April 5, 2025 – Chungcheongnam-do Province announced on April 3rd a significant inves ...; KO YONG-CHUL Reporter 2025.04.05

Chungnam CCEI Launches 2025 New Technology Proposal Contest to Boost Innovation: Chungnamdo, South Korea – The Chungnam Center for Creative Economy & Innovation (CCEI) has announced the launch of its ' ...; KO YONG-CHUL Reporter 2025.04.05

Cheonan City Launches Recruitment for Foreign Seasonal Farmworkers to Combat Rural Labor Shortages: CHEONAN, South Korea - Cheonan City is actively seeking applications from local farms wishing to employ foreign seasonal workers a ...; HONG MOON HWA Senior Reporter 2025.04.05