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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A Global Buzz: The State of the Honey Industry: Honeybees, ubiquitous across the globe except for oceans and polar regions, play a vital role in our ecosystem and food supply. Ac ...; KO YONG-CHUL Reporter 2024.11.14

Livestock Certifications Gain Popularity Among South Korean Youth: South Korea is witnessing a growing trend of young people pursuing certifications in the livestock industry. As of 2023, the numbe ...; Hwang Sujin Reporter 2024.11.14

Apple Set to Enter Smart Home Market with New Wall-Mounted Display: Cupertino, California - Apple is gearing up to make a significant foray into the smart home market with a new wall-mounted display ...; Pedro Espinola Special Correspondent 2024.11.14

Goyang Residents Skeptical of New Housing Development Amidst Concerns of Oversupply: Goyang, South Korea - The South Korean government's recent announcement to develop a new residential area in Goyang's Daegok stati ...; Desk 2024.11.14

BYD to Shake Up South Korea's Electric Vehicle Market with Aggressive Expansion: Seoul, South Korea – BYD, a leading Chinese electric vehicle (EV) manufacturer that has been rivaling Tesla on a global scal ...; KO YONG-CHUL Reporter 2024.11.13

Busan Sees Record-Breaking Increase in Taiwanese and Hong Kong Tourists: Busan, South Korea – The number of Taiwanese and Hong Kong tourists visiting Busan is expected to reach a record high this y ...; Hwang Sujin Reporter 2024.11.13

Jeju Antre: A Networking Event to Rebrand Jeju: Jeju City, South Korea – The Jeju Tourism Association successfully hosted the "Jeju Antre" networking event on the 2nd, invi ...; Hwang Sujin Reporter 2024.11.13

Canfly Expands B2B Airline Ticket Market with Diverse Partnerships and Features: Canfly, a leading B2B airline ticketing platform, has been actively expanding its supply chain and differentiating itself in the c ...; Hwang Sujin Reporter 2024.11.13

Korean Airlines Top Customer Satisfaction Survey: In the 2024 National Customer Satisfaction Index (NCSI) survey conducted by the Korea Productivity Center, major Korean airlines h ...; Hwang Sujin Reporter 2024.11.13

AI and Automation to Eliminate 14% of Jobs in South Korea Over the Next Decade: Seoul, South Korea – A new report from the Korea Employment Information Service has revealed that South Korea could see a 14 ...; Global Economic Times Reporter 2024.11.13

New Hope for Helicobacter pylori Treatment: Researchers Identify Potential Drug Candidate: Scientists at the Korea Research Institute of Bioscience and Biotechnology (KRIBB) have made a significant breakthrough in the dev ...; Global Economic Times Reporter 2024.11.12

South Korean Game Companies Gear Up for a Comeback with New Releases: After a period of industry downturn, South Korean game companies are poised to rebound with a slew of new game releases in the com ...; Global Economic Times Reporter 2024.11.12

Massive Lithium Deposit Discovered in Arkansas: A groundbreaking discovery has been made in the United States, with the U.S. Geological Survey (USGS) and the state of Arkansas an ...; ONLINE TEAM 2024.11.12

Seoul to Launch Urban Air Mobility (UAM) Pilot Program in 2025: Seoul, South Korea – Seoul is set to become a pioneer in urban air mobility (UAM) as the city announced plans to launch a pi ...; Global Economic Times Reporter 2024.11.12

South Korea's Frozen Soup Market Heats Up Amid Cold Snap: Seoul, South Korea - As South Korea braces for an unusually cold winter, the competition in the frozen soup market is heating up. ...; Hwang Sujin Reporter 2024.11.12

Record-High Number of Female Executives at Top 100 Korean Companies: Seoul, South Korea - The number of female executives at South Korea's top 100 companies has reached a record high of 463, accordin ...; Global Economic Times Reporter 2024.11.11

LG Electronics Unveils Advanced Digital Cockpit Concept: Seoul, South Korea – LG Electronics has introduced its latest concept vehicle, the "Digital Cockpit Gamma," showcasing cutti ...; ONLINE TEAM 2024.11.11

South Korea to Implement Battery Safety Certification and Tracking System for Electric Vehicles: Seoul, South Korea - The Ministry of Land, Infrastructure and Transport announced on October 10th that it will be implementing a b ...; Global Economic Times Reporter 2024.11.11

Seoul's New Apartments Command Premium Prices Amidst Polarized Market: Seoul, South Korea - A recent study by Real Estate R114 has revealed a widening gap between the prices of new and older apartments ...; Global Economic Times Reporter 2024.11.11

Korea Transportation Safety Authority: Pioneering Mobility Innovation and Electric Vehicle Safety: Kimcheon, South Korea - The Korea Transportation Safety Authority (KTSA), once primarily associated with biennial vehicle inspecti ...; Global Economic Times Reporter 2024.11.11