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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Celltrion Targets $100 Billion Metabolic Disease Market with "Two-Track" Strategy for Diabetes and Obesity: (C) Pharmaceutical Executive INCHEON, South Korea — Celltrion is aggressively pivoting toward the global metabolic diseas ...; Desk 2026.04.08

From PC Communication to Global Phenomenon: Nexon’s ‘Kingdom of the Winds’ Celebrates 30 Years of Online Gaming History: SEOUL — Nexon’s flagship title, The Kingdom of the Winds (Baram-ui Nara), has officially marked its 30th anniversary, ...; Global Economic Times Reporter 2026.04.06

K-Pharma "Big 4" Challenge Novartis' Dominance: Battle for the $60M Heart Failure Market Begins: SEOUL — A fierce competition is igniting in the domestic pharmaceutical industry as South Korea’s leading drugmakers&m ...; KO YONG-CHUL Reporter 2026.04.06

"Galaxy Able" Instead of Buds? Samsung Rumored to Be Developing a Brand-New Type of Earbuds: Recent sightings of a mysterious new product in Samsung Electronics’ wireless audio lineup have sparked significant industry ...; Global Economic Times Reporter 2026.04.04

Tesla Dominates March Import Car Market; BMW Targets Rebound with "The New iX3": Tesla Smashes Records, Surpassing 10,000 Units in a Single MonthThe battle for the top spot in the Korean imported car market is i ...; Global Economic Times Reporter 2026.04.04

Kakao Mobility Goes All-In on Autonomous Driving with Record-High R&D Investment: SEOUL – Kakao Mobility is aggressively pivoting toward the "in-house" development of autonomous driving technology. By rampi ...; KO YONG-CHUL Reporter 2026.04.04

K-Shipbuilding Surges in Q1, Surpassing 20% of Annual Targets Amid Geopolitical Tensions: SEOUL — South Korea’s shipbuilding industry is off to a strong start in 2026, surpassing 20% of its annual order targe ...; Global Economic Times Reporter 2026.04.04

Samsung’s Taylor Fab Enters "Setup Mode": 3,000 Global Engineers Converge on Texas: (C) WCCFTech Samsung Electronics has officially transitioned from the construction phase to the critical "setup" phase—th ...; Graciela Maria Reporter 2026.04.02

Kia Motors Sweeps "Manufacturer of the Year" at 2026 TopGear EV Awards: In a definitive moment for the global automotive industry, Kia has been crowned "Manufacturer of the Year" at the prestigious 2026 ...; Eugenio Rodolfo Sanabria Reporter 2026.04.02

The Great Bio-Divide: China Dominates Global Tech Exports as Korea Struggles to Keep Pace: (C) News Eastern Outlook SEOUL — The global pharmaceutical landscape is undergoing a tectonic shift, and the first quarte ...; KO YONG-CHUL Reporter 2026.04.02

Search Solution Industry: Overcoming Growing Pains to Leap Forward via AX: (C) Property Access Domestic software companies that have long dominated the enterprise and institutional search solution marke ...; Desk 2026.04.02

“Radar Technology is National Power”: Nexwil Emerges as a Key Player in K-Defense Technology: DAEJEON — In the rapidly evolving landscape of global defense, a specialized South Korean firm is proving that the backbone ...; Kim Sungmoon Reporter 2026.04.01

GIST Researchers Develop Next-Generation EV Battery: Full Charge in 12 Minutes with Enhanced Safety: GWANGJU — A research team at the Gwangju Institute of Science and Technology (GIST) has announced a breakthrough in lithium- ...; Yim Kwangsoo Correspondent 2026.04.01

S. Korea to Launch Government-Backed 'K-Brand' Certification to Combat Global Counterfeiting: SEOUL — The South Korean government has announced a decisive shift in its strategy to protect national intellectual property ...; Desk 2026.04.01

Egypt: The Rebirth of Wine’s Origins in an Ancient Civilization: (C) West wall of the Tomb of Nakht Egypt is widely known among Koreans as a land of ancient wonders—home to the Sphinx, t ...; LEE YEON SIL Reporter 2026.04.01

Gmarket to Launch New ‘KKOK’ Membership on April 23: Joining the E-Commerce ‘Rewards War’: SEOUL – Gmarket, a leading South Korean e-commerce giant, is set to shake up the market with the launch of its new paid subs ...; Kim Sungmoon Reporter 2026.03.30

Localization of Specialized Semiconductors Complete: 4-Inch Wafer Yield Hits 95%: SEOUL — South Korea has secured a critical foothold in the global race for semiconductor sovereignty. The Korea Advanced Nan ...; KO YONG-CHUL Reporter 2026.03.30

Arm Breaks 35-Year Tradition to Sell Own Chips, Challenging Intel and AMD in AI Race: SEOUL — Arm, the global leader in semiconductor intellectual property (IP), has officially announced its entry into the sili ...; Ana Fernanda Reporter 2026.03.26

President Lee Attends Rollout of First Mass-Produced KF-21: "A Symbol of Self-Reliant Defense and Global Ambition": SACHEON, South Korea – On March 25, 2026, President Lee Jae-myung attended the rollout ceremony for the first mass-produced ...; Global Economic Times Reporter 2026.03.26

GIST Unveils 'Virtual Battery' Framework to Turn Thousands of EVs into a Unified Power Resource: GWANGJU, South Korea – Researchers at the Gwangju Institute of Science and Technology (GIST) have developed a groundbreaking ...; Kim Sungmoon Reporter 2026.03.24

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