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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Toyota's Woven City: A Glimpse into the Future of Urban Living: Toyota Motor Corporation, a global automotive giant, has unveiled significant progress on its ambitious "Woven City" project, a fu ...; Desk 2025.01.07

Nvidia Unveils Cosmos: A New AI Platform for Robotics and Autonomous Vehicles: Las Vegas, NV – Nvidia CEO Jensen Huang announced a groundbreaking new AI platform, Cosmos, at CES 2025. This platform is de ...; Sharon Yoon Correspondent 2025.01.07

Incheon City Expands Permitted Uses in North Port Backland: In a move to stimulate economic growth and reduce regulatory burdens on businesses, the city of Incheon has announced the relaxati ...; KO YONG-CHUL Reporter 2025.01.06

Costa Serena Sets Sail from Incheon, Marking a Resurgence in Cruise Tourism: Incheon, South Korea – The Costa Serena, a 114,000-ton cruise ship operated by Italy's Costa Cruises, made a grand departure ...; KO YONG-CHUL Reporter 2025.01.06

Korean Healthcare Manufacturers Post Strong Q2 Results: Seoul, South Korea – The Korean healthcare manufacturing industry continued its upward trajectory in the second quarter of 2 ...; ONLINE TEAM 2025.01.06

FDA Modernizes Drug Approval and Management System: Seoul, South Korea – The Ministry of Food and Drug Safety (MFDS) announced on [date] a significant overhaul of its drug appr ...; Desk 2025.01.06

LG Electronics Leads in AI Robot Patent Race: Seoul, South Korea – LG Electronics is emerging as a frontrunner in the rapidly growing artificial intelligence (AI) robot m ...; KO YONG-CHUL Reporter 2025.01.05

Game Industry Workers in South Korea Face Overwhelming Workloads: Seoul, South Korea – South Korea's gaming industry, once a beacon of innovation, is facing a growing crisis as employees gra ...; Desk 2025.01.05

LG Unveils MX Platform at CES 2025, Transforming Cars into Personalized Living Spaces: Las Vegas, Nevada – LG Electronics has unveiled its groundbreaking "MX Platform" at the Consumer Electronics Show (CES) 2025 ...; Graciela Maria Reporter 2025.01.02

Incheon Launches Affordable Ferry Service for Residents: Incheon, South Korea – In a groundbreaking move to boost tourism and enhance accessibility, Incheon City has introduced the ...; KO YONG-CHUL Reporter 2025.01.02

Samsung Unveils Innovative Monitor Lineup at CES 2025: Las Vegas, Nevada – Samsung Electronics today announced its latest lineup of monitors, set to be showcased at the upcoming C ...; ONLINE TEAM 2025.01.02

Incheon Free Economic Zone Authority Approves Construction of Seoul Asan Cheongra Hospital: Incheon, South Korea – The Incheon Free Economic Zone Authority announced today that it has approved the construction of Seo ...; Global Economic Times Reporter 2025.01.02

Seoul's Apartment Prices Stall Amidst Regulatory Tightening and Political Uncertainty: Seoul, South Korea – Seoul's red-hot apartment market has finally cooled down after a 10-month surge that began in March of ...; Desk 2025.01.02

Iran Protests Afghanistan's Pashdan Dam Construction on Harirud River: Tehran, Iran – Iran has strongly objected to Afghanistan's construction of the Pashdan Dam on the Harirud River, citing conc ...; Graciela Maria Reporter 2025.01.01

Iran's Mining Sector Shows Resilience Amidst Economic Challenges: Tehran, Iran – Iran's mining sector continues to demonstrate resilience, with exports reaching $8.8 billion in the first eig ...; Global Economic Times Reporter 2025.01.01

Tanzania Triumphs: Standard Gauge Railway Transforms Nation: Dar es Salaam, December 31, 2024 - As 2024 draws to a close, Tanzania celebrates a momentous achievement: the completion and launc ...; Hee Chan Kim Reporter 2025.01.01

Portugal Tourist Overnight Stays Surge in November: Lisbon, December - Portugal's tourism sector continues to thrive, with overnight stays in tourist accommodation increasing by 4.1% ...; Ana Fernanda Reporter 2025.01.01

South Korea's Top Refineries Invest in Future Talent Amid Industry Transformation: SEOUL, South Korea – South Korea's four largest oil refineries are ramping up efforts to recruit and develop talent, signali ...; ONLINE TEAM 2025.01.01

LG Unveils AI-Powered Signature Appliances at CES 2025: Las Vegas, NV – LG Electronics showcased its latest lineup of premium Signature appliances at the Consumer Electronics Show ...; Global Economic Times Reporter 2025.01.01

Jeollabuk-do Apartment Prices Plunge Amidst Rising Interest Rates and Political Uncertainty: Jeonju, South Korea – Apartment prices in Jeollabuk-do province have been on a continuous decline for five consecutive weeks ...; Global Economic Times Reporter 2025.01.01