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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Yamaha Music Korea Launches 'Hybrid Piano Music Festa' Special Promotion: (C) Yamaha Music Korea Yamaha Music Korea has announced a major winter promotion for its hybrid piano lineup, called the 'Hybrid ...; Global Economic Times Reporter 2025.12.13

Lotte Wellfood Dominates 2025 Korea Digital Advertising Awards with Six Wins: (C) Seoul Finance SEOUL, South Korea - Confectionery and food giant Lotte Wellfood has cemented its status as a leader in innovat ...; Hwang Sujin Reporter 2025.12.13

South Korea’s Retail Sector Faces Layoff Wave: ‘The Hopeful Retirement’ Blows Through 40-Year-Old Managers: (C) NY Times The South Korean retail industry is currently experiencing a strong wave of voluntary redundancy—euphemistical ...; Global Economic Times Reporter 2025.12.13

Kia Unveils 'The All New Seltos,' Marking a Full Refresh with Hybrid Addition: (C) Canada Newswire SEOUL, South Korea – Kia has pulled the wraps off the second-generation of its popular subcompact SUV, ...; Kim Sungmoon Reporter 2025.12.11

Europe’s Robotaxi Race Accelerates: Bolt and Stellantis Forge Alliance for Driverless Future: (C) NDTV The European autonomous vehicle (AV) landscape is poised for a significant transformation following the announcement of ...; KO YONG-CHUL Reporter 2025.12.10

AI Salary Premium in Korea Just 6%, Lagging Far Behind the US's 25%: (C) Seeking Alpha SEOUL — South Korea is facing an intensifying "AI talent drought," as domestic corporations, despite a ...; Desk 2025.12.06

South Korea Weighs 'Co-Design' for Next-Gen Destroyer (KDDX) Amidst Industry Rivalry: (C) Army Recognition SEOUL, South Korea – The Republic of Korea's Defense Acquisition Program Administration (DAPA) is acti ...; Kim Sungmoon Reporter 2025.12.05

NVIDIA Lobby Succeeds? U.S. Bill Expected to Drop AI Chip Export Restrictions: The so-called "GAIN AI Act"—a legislative proposal that would have required semiconductor companies to prioritize satisfying ...; Eunsil Ju Reporter 2025.12.05

Subaru Surges to Top Spot in Consumer Reports Annual Auto Brand Rankings; Korean Brands See Mixed Results: (C) Headlight.news LOS ANGELES — In the annual car brand ratings released by the influential U.S. consumer publication, Con ...; Sharon Yoon Correspondent 2025.12.05

Mobile ID and Payment Unified: 'PASS ID Payment' Service Launches: (C) SK텔레콤 South Korea’s three major mobile carriers—SK Telecom (017670), KT (030200), and LG Uplus (032640)—h ...; KO YONG-CHUL Reporter 2025.12.01

Hyundai E&C Shatters Records with First-Ever KRW 10 Trillion Mark in Urban Renewal Orders: Hyundai Engineering & Construction (Hyundai E&C) has achieved an unprecedented milestone in South Korea's urban renewal se ...; Desk 2025.12.01

South Korea Unveils 'K-Med': A Gigantic leap in Medical AI, Challenging Global Tech Giants: (C) Global Pricing Innovations SEOUL, South Korea — South Korea has entered the global race for advanced medical artifici ...; Global Economic Times Reporter 2025.11.29

55-Year Revival: 'Human Washing Machine' Dream Technology Finally Realized Lie down for 15 minutes to complete showering and drying...: (C) Spoon & Tamago The 'Human Washing Machine,' once presented as a blueprint for the future society half a century ago, ha ...; Hwang Sujin Reporter 2025.11.28

The Delivery Wars Intensify: Coupang Eats Triples Users on the Back of 'Free Delivery,' While Baemin and Yogiyo Decline: (C) KED Global SEOUL— The South Korean food delivery market is undergoing a dramatic reshaping, driven by aggressive memb ...; Global Economic Times Reporter 2025.11.25

Corporate Tax Surge: Samsung and SK Hynix Pay 9x More Amidst Chip Supercycle: (C) Nikkei Asia SEOUL — South Korea’s semiconductor giants, Samsung Electronics and SK Hynix, have reported a stagg ...; KO YONG-CHUL Reporter 2025.11.24

Genesis Unveils GV60 Magma: First Step into Luxury High-Performance Sector: Genesis, the luxury brand of Hyundai Motor Group, has officially accelerated its entry into the high-performance luxury segment wi ...; KO YONG-CHUL Reporter 2025.11.21

South Korea's DAPA Launches Performance Upgrade for Jangbogo-II (Son Won-il Class) Submarines: The Defense Acquisition Program Administration (DAPA) announced on November 20th that it is officially commencing the performance ...; Global Economic Times Reporter 2025.11.20

Enhanced HACCP Standards: From Lunch Boxes to Snacks, Strict Hygiene is Paramount: The Ministry of Food and Drug Safety (MFDS) of South Korea announced on November 20, 2025, that it is providing 'Correct HACCP Man ...; Kim Sungmoon Reporter 2025.11.20

Guro Picnic Garden Draws 5,500 Visitors in Six Months, Emerging as a Key Riverside Landmark: SEOUL, Nov. 20 — Guro-gu, Seoul, announced on Wednesday that the 'Guro Picnic Garden,' located along the banks of the Anyang ...; Global Economic Times Reporter 2025.11.20

Streaming Revolution: TVING, Disney+, and Wavve Launch First-Ever 3-in-1 Subscription in Korea: SEOUL — A monumental shift is underway in the South Korean over-the-top (OTT) streaming market. Local powerhouse TVING has a ...; Global Economic Times Reporter 2025.11.19

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