Global Economic Times

2026.05.08 (Fri)
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Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (HMG) is significantly ramping up its investment in Mexico. While other
Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI"

SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has achieved its highest-ever first-quarter results. Driven by the robust

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids

(C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehicle (EV) and battery manufacturing hub in Ontario, Canada, as the compa

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Volkswagen Atlas Earns Highest Safety Rating 'TSP+' from U.S. IIHS: (C) Carisyou The Volkswagen Atlas, a flagship large-size SUV, has demonstrated its superior safety by earning the "Top Safety P ...; Pedro Espinola Special Correspondent 2025.12.24

Yongin Prugio One Cluster Park Emerges as Prime Residential Hub Behind World's Largest Semiconductor Cluster: (C) Yongin Prugio One Cluster Park Yongin City, Gyeonggi Province, is rapidly rising as a focal point of the real estate market, ...; Kim Sungmoon Reporter 2025.12.24

Samsung Biologics Acquires GSK’s U.S. Plant to Bypass Tariff Barriers: (C) KBR MARYLAND – Samsung Biologics (207940.KS) has officially entered the U.S. manufacturing landscape by acquiring a lar ...; Yim Kwangsoo Correspondent 2025.12.23

Samsung Chairman Lee Jae-yong Visits Semiconductor Hub to Spearhead 'Super Cycle' Strategy: (C) The Investor YONGIN/HWASEONG — Samsung Electronics Chairman Lee Jae-yong has officially commenced a high-profile inspec ...; Global Economic Times Reporter 2025.12.23

KFTC Fines Korean Air and Asiana KRW 6.46 Billion for Capacity Reduction Violations: (C) Aviation A2Z SEOUL — The merger process between South Korea’s two largest carriers, Korean Air and Asiana Airline ...; Desk 2025.12.23

Gangwon Province Sweeps National Livestock Brand Awards, Securing Top Honors: (C) Gangwon Province CHUNCHEON – Gangwon Province has solidified its status as South Korea's premier livestock hub by winni ...; Kim Sungmoon Reporter 2025.12.21

HD Hyundai Heavy Industries to Co-Develop Next-Generation Submarines Tailored for Peru: (C) HD Hyundai LIMA, Peru — HD Hyundai Heavy Industries (HD HHI) is accelerating its first overseas submarine export throug ...; Yim Kwangsoo Correspondent 2025.12.21

South Korea's Foreign Workforce Hits 1.1 Million Milestone: (C) VnExpress International SEOUL – South Korea’s foreign employment has reached an all-time high, surpassing the 1 ...; Global Economic Times Reporter 2025.12.19

Kyungdong Navien to Acquire Smart Home Pioneer Commax for 32.8 Billion Won: (C) Kyungdong Navien SEOUL – Kyungdong Navien, South Korea’s leading HVAC (Heating, Ventilation, and Air Conditioning ...; KO YONG-CHUL Reporter 2025.12.18

Tesla Faces 30-Day Sales Suspension Risk in California Over "Deceptive" Autopilot Claims: (C) Arena EV LOS ANGELES — In a landmark decision that could disrupt Tesla’s operations in its most vital domestic ma ...; Eunsil Ju Reporter 2025.12.18

Israel Greenlights Landmark $38 Billion Natural Gas Export Deal with Egypt: (C) Watan JERUSALEM – In a move set to redefine the energy landscape of the Eastern Mediterranean, the Israeli government o ...; KO YONG-CHUL Reporter 2025.12.18

Zootopia 2’s Box Office Surge: A Mirror of U.S.-China Economic Interdependence: (C) Twisted Voxel BEIJING – While trade tensions between the world's two largest economies remain high, a rabbit and a fox ...; Eugenio Rodolfo Sanabria Reporter 2025.12.18

R.E.D. Sectors Poised for Growth in 2026, the Year of the 'Red Horse,' Driven by AI Investment Boom: (C) Vecteezy SEOUL — A significant surge in Artificial Intelligence (AI) investment is expected to propel the growth of key ...; Hwang Sujin Reporter 2025.12.15

Extension Granted for '2026 Honors for SME Contributors' Application: (C) KBIZ SEOUL) — The Ministry of SMEs and Startups (MSS) and the Korea Federation of Small and Medium Enterprises (KBIZ) h ...; Global Economic Times Reporter 2025.12.15

44% of Recent Construction Projects Report Deficits, Industry Survey Finds: (C) KED Global Seoul, South Korea — A recent survey conducted by the Korea Construction Association (KCA) and the Construct ...; KO YONG-CHUL Reporter 2025.12.15

Lotte Mart Launches Major Imported Fruit Discount Event Amid High Prices: (C) Lotte Mart SEOUL — Lotte Mart has announced a special discount event for imported fruits, offering significant savings ...; Kim Sungmoon Reporter 2025.12.15

Korean Drone Exports Soar 58% to $28 Million, Expanding Global Footprint: (C) Kyiv Post Seoul, Korea – The Republic of Korea is rapidly establishing itself as a significant player in the global Unm ...; KO YONG-CHUL Reporter 2025.12.15

EU Cracks Down on Flood of Cheap, Risky Chinese Parcels, Targets Shein and Alibaba: (C) South China Morning Post The European Union (EU) is significantly stepping up its enforcement efforts against goods entering ...; Global Economic Times Reporter 2025.12.15

Lotte Biologics Hosts 'Future Innovative Technology Development Forum': (C) Top Daily Lotte Biologics, a rapidly emerging player in the global biopharmaceutical industry, recently held its fifth 'Futur ...; Hee Chan Kim Reporter 2025.12.13

CJ CheilJedang Launches 'Yummy' Content Service on CJ The Market App: (C) Yummy SEOUL, South Korea — In a bid to enhance customer engagement and boost product utilization, CJ CheilJedang has of ...; Shin Yeju Intern Reporter 2025.12.13

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