Global Economic Times

2026.03.22 (Sun)
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LG Energy Solution to Pivot Strategy: Boosting ESS and New Business Share to Mid-40% Range

(C) The Investor SEOUL – LG Energy Solution (LGES), a global leader in the battery industry, has announced a significant strategic shift aimed at diversifying its business portfolio. During t
BMW ‘The New i3’ Next-Gen EV: 900km Range

MUNICH — As the automotive world pivots toward a sustainable future, BMW has officially unveiled what may be the most pivotal vehicle in its century-long history: The New i3. Representing the se

Samsung Electronics Bets Big on AI Era with Record $83 Billion Investment Blitz

SEOUL – In a bold bid to cement its dominance in the burgeoning artificial intelligence (AI) landscape, Samsung Electronics announced on Thursday a record-breaking "Value-Up" plan, c

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MBA Programs Drive Korea's AI Talent Surge: A New Era of Corporate Leadership: SEOUL, South Korea - Korean MBA programs are undergoing a radical re-engineering, positioning themselves as critical incubators fo ...; KO YONG-CHUL Reporter 2025.10.01

Future of Mobility: Japan's Auto Giants Eye Electric Cars and Aircraft at Show: TOKYO—With the highly anticipated Japan Mobility Show 2025 fast approaching, global attention is fixed on Tokyo as major Jap ...; KO YONG-CHUL Reporter 2025.10.01

South Korea's Tourism Sector Soars, Exceeding Pre-Pandemic Levels: SEOUL – South Korea's tourism industry is experiencing a remarkable rebound, with a significant increase in foreign visitors ...; Shin Yeju Intern Reporter 2025.09.30

U.S. Gaming Giant Electronic Arts to Go Private in Record $55 Billion Buyout: NEW YORK—Electronic Arts (EA), the powerhouse U.S. video game publisher known for blockbuster franchises like Battlefield, F ...; Pedro Espinola Special Correspondent 2025.09.30

South Korea Unveils Visa-Free Travel for Chinese Tourists, Igniting Tourism Boom: South Korea's tourism sector is buzzing with excitement as a temporary visa-free entry policy for Chinese group tourists officiall ...; Hwang Sujin Reporter 2025.09.29

Global Machine Tool Industry Rattled by South Korea-Led M&A Blitz: The global machine tool industry, often called the "mother machine" sector for its role as the backbone of manufacturing, is under ...; Pedro Espinola Special Correspondent 2025.09.29

Starbucks Initiates $1 Billion North American Overhaul Amidst Performance Woes: SEATTLE — Global coffee behemoth Starbucks has announced a sweeping $1 billion restructuring plan for its North American ope ...; Desk 2025.09.26

Chinese Electric Commercial Vehicles Accelerate Entry into Korean Market with NCM Batteries: Chinese electric commercial vehicle manufacturers are rapidly increasing their presence in the South Korean market, a trend that f ...; Shin Yeju Intern Reporter 2025.09.25

Imported Car Brands Spark a Fierce Discount War in South Korea: SEOUL — South Korea’s imported car market is currently at the center of a heated discount war. As brands head into the ...; Shin Yeju Intern Reporter 2025.09.25

S. Korea's Petrochemical Giants Face Restructuring Test Amid Debt Crisis: SEOUL—South Korea's petrochemical industry, burdened by an astonishing 32.8 trillion won ($24.6 billion) in bank loans as of ...; Yim Kwangsoo Correspondent 2025.09.25

Kia Counters U.S. Tariffs on Mexican Cars with Latin American Strategy: SEOUL – Amid stalled follow-up tariff negotiations between South Korea and the U.S., the American decision to impose high ta ...; Desk 2025.09.24

NOV Secures Contract for Argentina's First FLNG Project: Oilfield services company NOV has secured a contract to provide a mooring solution for Argentina's first-ever floating liquefied n ...; Pedro Espinola Special Correspondent 2025.09.23

The Impact of Argentina's Vaca Muerta Growth Scenarios on the Supply Chain: The acceleration of Argentina's Vaca Muerta shale development presents both challenges and opportunities for the supplier ecosyste ...; Pedro Espinola Special Correspondent 2025.09.23

Chile unveils draft critical minerals strategy... a step towards securing 'future food': The Chilean government is emerging as a new center in the global mineral market, as it establishes a critical minerals supply stra ...; Graciela Maria Reporter 2025.09.23

Chilean Cherry Producers Accelerate Diversification Efforts to Reduce Reliance on Chinese Market: The Chilean cherry industry is gearing up for a new season, seeking to overcome the challenges of oversupply and difficult sales e ...; Global Economic Times Reporter 2025.09.23

Nissan and Mitsubishi to Produce New EVs for European Market in France: Douai, France — In a landmark visit to the Renault ElectriCity plant in Douai, the CEOs of Nissan and Mitsubishi Motors, Iva ...; Eugenio Rodolfo Sanabria Reporter 2025.09.19

Spanish "Bicinete" Hybrid Vehicle Vies for Top European Design Award: Copenhagen, Denmark — The innovative "Bicinete," a hybrid of a bicycle and a scooter, is vying for one of Europe's most pres ...; Yim Kwangsoo Correspondent 2025.09.19

Aviation Industry Urges Governments to Prioritize Sustainable Fuel Production: Montreal, Canada — The International Air Transport Association (IATA) is calling on governments to shift their focus from ma ...; KO YONG-CHUL Reporter 2025.09.19

Chile's Startup Ecosystem and the Shadow of 'Invisible Costs': A Burnout Alert: A dark shadow is being cast over Chile's startup ecosystem, once heralded as a symbol of innovation and growth. While a dazzling n ...; Pedro Espinola Special Correspondent 2025.09.16

Paraguay's Construction Industry Expresses Concern over Reduced Infrastructure Investment in 2026 Government Budget: Despite recent vigorous construction projects in the residential, corporate, and industrial sectors, the construction industry is ...; Pedro Espinola Special Correspondent 2025.09.15