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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LH Develops Innovative Technology to Dramatically Reduce Floor Noise in Apartments: Seoul, South Korea – The Korea Land and Housing Corporation (LH) has announced a significant breakthrough in its efforts to ...; Hwang Sujin Reporter 2024.11.25

BYD Unveils Ambitious Plans for South Korean Market: Shenzhen, China – Chinese electric vehicle (EV) giant BYD has set its sights on South Korea, unveiling its ambitious plans f ...; Graciela Maria Reporter 2024.11.25

Nvidia's Jensen Huang Signals Potential Expansion of Samsung as HBM Supplier: Hong Kong – Nvidia CEO Jensen Huang has hinted at the possibility of expanding Samsung Electronics as a supplier for its hig ...; Graciela Maria Reporter 2024.11.25

Singapore's Property Market Sees Unexpected Boom Amidst New Launches: Singapore's property market has defied expectations with a recent surge in sales, particularly for new launches. Despite online se ...; Eugenio Rodolfo Sanabria Reporter 2024.11.24

Singapore's Hawker Centers Face Rising Rent Amidst Growing Demand: Singapore's iconic hawker centers are facing a crisis as rents for food stalls soar to unprecedented heights. A recent bidding fre ...; Eugenio Rodolfo Sanabria Reporter 2024.11.24

Paraguay Gears Up for Copa Sudamericana Final, Boosting Tourism: As Paraguay prepares to host the 2024 Copa Sudamericana final, the country is experiencing a surge in tourism. With thousands of f ...; Graciela Maria Reporter 2024.11.23

Paraguay's Pork Industry Sees Significant Growth, Driven by Exports: Asunción, Paraguay – Paraguay’s Deputy Minister of Industry and Commerce, Lorena Méndez, has announced a ...; Pedro Espinola Special Correspondent 2024.11.23

Hanwha Forest Named Top 7 Best Apartment Brand in Korea: Seoul, South Korea – Hanwha Corporation’s premium residential brand, Hanwha Forest, has been named one of the top seve ...; Hwang Sujin Reporter 2024.11.22

Celltrion Secures Domestic Approval for Biosimilars of Prolia and Xgeva: Seoul, South Korea – Celltrion, a leading South Korean biopharmaceutical company, announced today that it has received regul ...; KO YONG-CHUL Reporter 2024.11.22

Tesla Unveils Fully Autonomous RoboTaxi 'Cybercab,' Ushering in a New Era of Mobility: Tesla, led by Elon Musk, has sent shockwaves through the industry with the unveiling of its fully autonomous robotaxi, the 'Cyberc ...; Graciela Maria Reporter 2024.11.22

The Space Industry Revolution Sparked by Moore's Law: Drastically Reduced Launch Costs Fuel a New Space Age: In 1965, Intel co-founder Gordon Moore proposed "Moore's Law," which predicted that the number of transistors in a dense integrate ...; Pedro Espinola Special Correspondent 2024.11.22

South Korea Launches First Autonomous Ship as Part of Ambitious Maritime Technology Initiative: SEOUL, South Korea – South Korea has made a significant stride in the field of autonomous shipping with the successful launc ...; KO YONG-CHUL Reporter 2024.11.21

HMM Introduces Two New LNG-Powered Container Ships: BUSAN, South Korea – HMM, a leading global shipping company, has announced the introduction of two new 7,700 TEU container s ...; Hwang Sujin Reporter 2024.11.21

South Korea's Public Pre-Sale Housing Scheme Faces Backlash as 75% of Applicants Back Out: Seoul, South Korea – A public pre-sale housing project in Uiwa, Gyeonggi Province, has faced a significant setback after a s ...; Hwang Sujin Reporter 2024.11.20

Microsoft Unveils AI Agents to Revolutionize Workplace Productivity: Chicago, USA – Microsoft has unveiled a suite of AI-powered agents designed to streamline and automate various tasks, markin ...; Desk 2024.11.20

Samsung Heavy Industries Receives Approval for Wind-Powered LNG Carrier: Seoul, South Korea – Samsung Heavy Industries announced today that it has received approval in principle (AIP) for a groundb ...; Hwang Sujin Reporter 2024.11.20

South Korea's Job Market Shifts: Older Workers Gain, Younger Generations Lose: Seoul, South Korea – South Korea's job market is undergoing significant changes, with younger generations facing increasing ...; Desk 2024.11.20

South Korea Delays Poultry Farming Reforms Amid Industry Pushback: Seoul, South Korea – South Korea has delayed the implementation of new regulations designed to improve the living conditions ...; KO YONG-CHUL Reporter 2024.11.20

Samsung C&T and Hyundai Engineering & Construction Vie for Hannam 4 Redevelopment Project: Seoul, South Korea – Samsung C&T and Hyundai Engineering & Construction, South Korea’s top two construction co ...; KO YONG-CHUL Reporter 2024.11.20

Dumaguete City to Host Series of Events to Boost Creative Industries: Dumaguete City, the capital of Negros Oriental province in the Philippines, is set to host a series of events aimed at upskilling ...; Eugenio Rodolfo Sanabria Reporter 2024.11.20