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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South Korea Unveils Comprehensive Plan to Strengthen Competitiveness of Electric Vehicles and Secondary Batteries: The South Korean government has announced a comprehensive plan to bolster the competitiveness of the electric vehicle and secondar ...; Desk 2025.01.16

BYD Challenges Korean EV Market with Aggressive Pricing: Incheon, South Korea – BYD, the world's largest electric vehicle (EV) manufacturer, is making a bold move into the competiti ...; Eugenio Rodolfo Sanabria Reporter 2025.01.16

Yongin City to Invest 120.2 Billion Won in Livestock Farming: Yongin, South Korea – Yongin City has announced a significant investment of 120.2 billion won to support local livestock far ...; Desk 2025.01.16

South Korea Makes Strides in Women's Employment, But Gender Pay Gap Persists: Seoul, South Korea – South Korea has achieved a new milestone in gender equality with the country’s female employment ...; Desk 2025.01.16

South Korea's Railway Passenger Numbers Surpass Pre-Pandemic Levels: Seoul, South Korea – South Korea’s railway system has seen a significant uptick in passenger numbers, surpassing pre-p ...; Desk 2025.01.16

Sonabus Unveils Innovative 'Manbo Walker' for Seniors: Seoul, South Korea – Sonabus, a startup specializing in senior products, announced today the successful development of its h ...; Global Economic Times Reporter 2025.01.16

Incheon International Airport Sees Record-High Passenger Numbers: Incheon, South Korea – Incheon International Airport has announced that it served a record-breaking 70,669,246 passengers in ...; Desk 2025.01.16

Sangju Outpaces Seoul's Prime Districts in Home Price Growth: Seoul, South Korea – In a surprising turn of events, the city of Sangju, located in North Gyeongsang Province, has emerged a ...; Desk 2025.01.15

LH to Acquire Over 50,000 New Rental Homes Amid Housing Shortage: Seoul, South Korea – The Korea Land and Housing Corporation (LH) has announced plans to purchase over 50,000 newly construct ...; ONLINE TEAM 2025.01.15

Hyundai Engineering & Construction Pioneers Autonomous Delivery Robot Service: Seoul, South Korea – Hyundai Engineering & Construction (HEC) has announced that it will be the first construction compa ...; Desk 2025.01.15

South Korea Expands Specialized Public Rental Housing: Seoul, South Korea – The Ministry of Land, Infrastructure, and Transport announced today the selection of 1,983 units of spe ...; Desk 2025.01.15

South Korea Aims to Boost Fisheries and Marine Tourism in 2025: Seoul, South Korea – South Korea's Ministry of Oceans and Fisheries has unveiled its 2025 plan to revitalize the maritime se ...; Desk 2025.01.14

Samsung Expands Galaxy Ring Lineup with Larger Sizes and Enhanced Sleep Tracking: Seoul, South Korea – Samsung Electronics announced today the expansion of its popular Galaxy Ring with the introduction of t ...; Global Economic Times Reporter 2025.01.14

Samsung TVs Receive Global Certification for Eye Comfort: Seoul, South Korea – Samsung Electronics announced today that its 2025 Neo QLED and Lifestyle TVs have been awarded the EyeC ...; Global Economic Times Reporter 2025.01.13

DaeWon Pharmaceutical Unveils Improved Pain Reliever, Pelubi-S: Seoul, South Korea – DaeWon Pharmaceutical has announced the launch of Pelubi-S, an enhanced version of its popular analgesi ...; Desk 2025.01.13

TSMC Starts Mass Production of 4nm Chips in the US, a Major Milestone in US Semiconductor Manufacturing: Phoenix, Arizona – Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, has commenced ...; Sharon Yoon Correspondent 2025.01.13

South Korea's Political Uncertainty Shakes Real Estate Market: Seoul, South Korea – Despite the dawn of a new year, political uncertainty in South Korea continues to cast a long shadow ov ...; Desk 2025.01.12

South Korea Bans Imports of German Pork Due to Foot-and-Mouth Disease Outbreak: Seoul, South Korea – The South Korean government has imposed a ban on imports of pork and pork products from Germany followi ...; Global Economic Times Reporter 2025.01.12

Ministry of Land, Infrastructure and Transport Implements Special Measures for Smooth Delivery During Lunar New Year: Seoul, South Korea – The Ministry of Land, Infrastructure, and Transport (MOLIT) announced today that it will be implementin ...; Desk 2025.01.12

CES 2025: A Showcase of Innovative Startups, Especially from South Korea: Las Vegas, NV – The Consumer Electronics Show (CES) 2025, which concluded on January 10th, was a showcase of groundbreaking ...; Sharon Yoon Correspondent 2025.01.12