Global Economic Times

2026.09.26 (Sat)
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Gwangju-Jeonnam Semiconductor Complex Set to Break Ground Next Year with Goal of Production by June 2030

The Gwangju-Jeonnam Integrated Special City is set to begin site development next year with the goal of achieving the first mass production at the Gwangju Semiconductor Cluster by June 2030. Out of th
Nostalgic Classic Games Reborn on Steam Win Over Global Gamers with 'Very Positive' Reviews

According to the gaming industry, titles such as The War of Genesis: The Rhapsody of Zephyr Remastered and the early 2000s feature-phone mobile RPG series Zenonia have recently landed on Steam to crit

Diverging Fortunes of Major South Korean Corporations: Seven Firms Record 106 Consecutive Quarters of Operating Profit Amid Slumps in Battery and Petrochemical Sectors

A recent corporate performance analysis has revealed a stark polarization among South Korea’s top-tier enterprises, showcasing a select group of resilient long-term profit champions while others

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Sam Altman, CEO of OpenAI, Visits India and Expresses Willingness to Cooperate in Developing Low-Cost AI Systems: Sam Altman, CEO of OpenAI, visited India on the 5th (local time) after visiting Japan and South Korea to consolidate leadership in ...; Eugenio Rodolfo Sanabria Reporter 2025.02.06

Tesla's Shares Plummet Amidst Declining Sales and Market Share: New York, NY – Tesla Inc. saw its shares tumble by over 3% on Tuesday as reports emerged of significant declines in the elec ...; PETER KO 2025.02.06

South Korea to Establish Massive Fund for Advanced Industries: Seoul – The South Korean government has announced plans to create a multi-billion dollar fund to support the development of ...; KO YONG-CHUL Reporter 2025.02.06

Petroperú Expands Natural Gas Service to Industrial Park in Arequipa: AREQUIPA, Peru – Petróleos del Perú (Petroperú) has announced a significant step in its effort to bring ...; Pedro Espinola Special Correspondent 2025.02.05

Tanzanian MPs Call for Aircraft Ownership Transfer to Bolster National Airline: DODOMA – Members of Parliament in Tanzania have urged the government to transfer ownership of aircraft operated by Air Tanza ...; Hee Chan Kim Reporter 2025.02.05

Seoul's Most Expensive Apartments Remain in 'Land Transaction Permit Zones': Seoul - An analysis of apartment sales prices in Seoul over the past decade has revealed that the most expensive areas remain conc ...; Hwang Sujin Reporter 2025.02.04

Japan's Machinery Orders Surge, Signaling Robust Investment: Japan's November machinery orders have defied expectations, posting a robust 3.4% month-on-month increase, according to the Cabine ...; Graciela Maria Reporter 2025.02.04

Honda's Electric Gamble in India: A Smart Bet on Two Wheels?: Honda Motor Co.'s recent announcement of a dedicated electric motorcycle plant in Bengaluru, India, signals a significant strategi ...; Graciela Maria Reporter 2025.02.04

Pet-Friendly Platform Pet Friends' "Butler Life" Community Service Explodes in Popularity, Driving Sales Growth: Pet Friends, a leading pet platform in Korea, announced on June 1st that its community service, "Butler Life," has seen a 29-fold ...; Desk 2025.02.02

South Korea's Oil Refineries Achieve Record-Breaking Gasoline and Diesel Exports in 2024: Seoul, South Korea – South Korea's oil refining industry has marked a new milestone with record-breaking exports of gasoline ...; KO YONG-CHUL Reporter 2025.02.02

South Korea's Youth Unemployment Crisis: A Looming Time Bomb By James Smith: SEOUL – South Korea is facing a growing crisis of youth unemployment, with young people increasingly struggling to find stab ...; ONLINE TEAM 2025.02.02

Seoul's Seocho District Tops Average Apartment Transaction Price in 2024: Seoul – According to data provided by the Korea Real Estate Board to Rep. Lee Yeon-hee of the Democratic Party of Korea's La ...; Min Gyu Mi Reporter 2025.01.31

Jajangmyeon Prices Soar Over the Past Decade, Leading 'Noodle-flation': Among popular dining-out options in South Korea, the price of jajangmyeon (black bean noodles) has seen the most significant incre ...; Desk 2025.01.31

Tesla to Launch Fully Autonomous Robotaxi Service in June, Plans for Low-Cost EV: Tesla is set to revolutionize urban transportation with the launch of its robotaxi service in June. CEO Elon Musk announced the am ...; Yim Kwangsoo Correspondent 2025.01.31

China's AI Offensive Intensifies, Challenging US Dominance: The reverberations of DeepSeek, a Chinese AI model delivering ChatGPT-level performance at a fraction of the cost, continue to sha ...; KO YONG-CHUL Reporter 2025.01.31

Korean Memory Industry Closely Monitoring Global Market Trends Following the Emergence of Chinese AI Model 'DeepSeek R1': The Korean memory industry is closely monitoring global market trends following the emergence of the Chinese artificial intelligen ...; KO YONG-CHUL Reporter 2025.01.31

Chợ Lách: A Blossoming Hub of Horticultural Excellence: Bến Tre's Chợ Lách District, renowned as the "kingdom of seedlings, flowers, and ornamental plants," is a vital center for ...; Eugenio Rodolfo Sanabria Reporter 2025.01.30

Hải Phòng Seaport Targets 112 Million Tonnes Cargo Handling in 2025: HẢI PHÒNG – The Hải Phòng seaport system aims to handle 112 million tonnes of cargo in 2025, according to Dire ...; Global Economic Times Reporter 2025.01.30

Busan Emerges as a Global Hub for Green Shipbuilding R&D: Busan, South Korea – The coastal city of Busan is rapidly positioning itself as a global leader in green shipbuilding and ad ...; JEONG CHAN MYEONG Senior Reporter 2025.01.30

Senior Employment in South Korea Reaches Record High: Seoul, South Korea – South Korea’s aging population has led to a surge in senior employment, with the economic partici ...; KO YONG-CHUL Reporter 2025.01.30