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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Hyundai Mobis Hosts Annual 'M-Pils Festa' to Celebrate Employee Innovation: Yong-in, South Korea – Hyundai Mobis, a leading automotive parts supplier, held its annual 'M-Pils Festa' on December 23rd, ...; Global Economic Times Reporter 2024.12.26

Hyundai AutoEver Partners with Incheon International Airport to Enhance Mobility Services: Incheon, South Korea – Hyundai AutoEver, a leading IT services company, has announced a new partnership with Incheon Interna ...; Desk 2024.12.26

Kia Unveils Innovative Compact SUV, Syros, in India: New Delhi, India – Kia Corporation has unveiled its latest innovation, the Syros, a sub-4-meter compact SUV, making its glob ...; Eugenio Rodolfo Sanabria Reporter 2024.12.26

LG to Showcase New Plant-Growing Appliances at CES 2025: Seoul, South Korea – LG Electronics announced today that it will unveil two new concept designs for its plant-growing applia ...; Desk 2024.12.26

Samsung to Unveil Eco-Friendly Home Heating System at CES 2025: Seoul, South Korea – Samsung Electronics announced today that it will unveil its Eco Heating System (EHS) at the upcoming Co ...; Desk 2024.12.26

AI-Generated Reviews Flood Online Marketplaces, Blurring the Lines Between Genuine and Fake: The rise of AI-powered tools capable of generating highly detailed, original online reviews with minimal effort has thrust busines ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Oudomxay Province Grants Private Company Bamboo Concession Rights: Oudomxay, Laos - On December 20th, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private c ...; Graciela Maria Reporter 2024.12.25

Saudi Arabia's Non-Oil Exports Surge 12.7% Amidst Economic Diversification Drive: RIYADH - Saudi Arabia's non-oil exports saw a significant 12.7% year-on-year increase in October, reaching SR25.38 billion ($6.76 ...; Pedro Espinola Special Correspondent 2024.12.25

South Korea Launches New Hotline for AI-Related Harms: Seoul, South Korea – The Ministry of Science and ICT (MSIT) and the Korea Internet & Security Agency (KISA) have jointly ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Safest Cars in Korea: Kia EV3, Volvo S60, Mercedes-Benz E200 Top the List: Seoul, South Korea – The Ministry of Land, Infrastructure and Transport, along with the Korea Transportation Safety Authorit ...; KO YONG-CHUL Reporter 2024.12.25

Public Transport Discounts Extended for Six More Months: Madrid, Spain – The Spanish government has announced a six-month extension of public transport discounts, effective from tom ...; Graciela Maria Reporter 2024.12.24

Honda and Nissan to Merge in Bid to Compete with Tesla: Tokyo, Japan – Japanese automakers Honda and Nissan announced on Monday plans to merge, forming the world's third-largest au ...; ONLINE TEAM 2024.12.24

Cyber Threats Pose Growing Danger to South Korean SMEs: Seoul, South Korea – The frequency of cyberattacks in South Korea is on the rise, with small and medium-sized enterprises (S ...; Desk 2024.12.23

LH Rushes to Meet Housing Construction Goal, Raises Concerns Over Paperwork-Only Completions: Seoul, South Korea – The Korea Land and Housing Corporation (LH) has managed to meet its target of starting construction on ...; Desk 2024.12.23

South Korea Faces Export Challenges Amidst Global Uncertainty: Seoul, South Korea – South Korea's export-driven economy is facing significant headwinds as global uncertainties mount, coup ...; Desk 2024.12.22

South Korea Boosts Export Voucher Program to Aid SMEs: South Korea’s government is set to significantly expand its Export Voucher program in the coming year, aiming to provide mor ...; Hwang Sujin Reporter 2024.12.22

GS Construction Pioneers Onshore Salmon Farming in South Korea: GS Construction has made a significant stride in sustainable aquaculture by successfully completing the construction of South Kore ...; Global Economic Times Reporter 2024.12.22

Kia Unveils Compact SUV 'Syros' in India, Targeting Emerging Markets: Kia Corporation, a leading automotive manufacturer, has made a significant stride in the global compact SUV market with the launch ...; KO YONG-CHUL Reporter 2024.12.22

Cuba's Rice Crisis: A Centuries-Long Struggle: Havana, Cuba – For Cubans, putting rice on the table has become a daily struggle that few can overcome, especially in recent ...; Eugenio Rodolfo Sanabria Reporter 2024.12.22

Colombia Greenlights Deepest Offshore Drilling Project: Santa Marta, Colombia – Colombia’s National Environmental Licensing Authority (ANLA) has given the final go-ahead for ...; Ana Fernanda Reporter 2024.12.22