Global Economic Times

2026.06.27 (Sat)
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Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

At the 2026 Busan Mobility Show held on June 26, Kia Corporation unveiled a comprehensive future mobility strategy centered on three core pillars: Software-Defined Vehicles (SDV), Purpose-Built Vehicl
Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante

BUSAN, South Korea — At the 2026 Busan Mobility Show held at BEXCO on June 26, José Muñoz, President and CEO of Hyundai Motor Company, unveiled a bold vision for the future of the

Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput

The Incheon Port Authority (IPA) has announced a significant restructuring of its long-standing incentive program, aiming to reinvigorate cargo traffic and solidify the port’s position as a prem

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Samsung Electronics Signals Comeback in Robot Vacuum Market, Overtaking Chinese Rival Roborock in Online Buzz: (C) Yicai Global SEOUL — Samsung Electronics is gearing up for a major showdown to reclaim its home turf from Chinese domin ...; Hwang Sujin Reporter 2025.12.29

The Era of Private Space Stations: Voyager, Airbus, and Mitsubishi Join Forces for 'Starlab': (C) Aero Times The race for the next generation of orbital outposts is heating up as global aerospace giants solidify their par ...; Ana Fernanda Reporter 2025.12.29

New Food Trends: From Creamy Fusion Noodles to Traditional Korean Pickles: (C) Hong Kong Banjom SEOUL — South Korea’s vibrant food and beverage industry continues to evolve as major players in ...; Kim Sungmoon Reporter 2025.12.27

Energy Giant Samchully Acquires 'Sunggyung Food' for 120 Billion Won to Boost Food Business: SEOUL — Samchully Group, South Korea's leading city gas provider, is set to acquire Sunggyung Food, the manufacturer of the ...; KO YONG-CHUL Reporter 2025.12.27

Korea’s Minimum Wage Surpasses "Employment Danger Zone," IMF Warns of Job Losses: (C) Working Times SEOUL – Small business owners in South Korea are increasingly vocal about the financial strain caused by ...; Shin Yeju 2025.12.27

China Becomes ‘Graveyard for Imported Cars’ as German Luxury Brands Plummet: (C) PCAuto BEIJING – The once-dominant reign of global premium automakers in China is facing a structural crisis. As domest ...; Yim Kwangsoo Correspondent 2025.12.27

HD Hyundai Heavy Industries Nears 20-Vessel Export Milestone with Philippine Corvette Deal: (C) HD Hyundai Heavy Industries (HD HHI) SEOUL — HD Hyundai Heavy Industries (HD HHI) is on the verge of reaching a histori ...; Hwang Sujin Reporter 2025.12.27

Jeonbuk State Achieves Milestone: First Non-Metropolitan Region to Break 1 Trillion Won Venture Fund Mark: JEONJU – Jeonbuk Special Self-Governing State has made history by becoming the first non-metropolitan region in South Korea ...; KIM YOUNG MIN 2025.12.25

NCSoft Launches Year-End 'PC Cafe Festival' with Multi-Game Rewards: (C) KED Global SEOUL – NCSoft, a leading South Korean game developer and publisher, announced on Wednesday the launch of it ...; Global Economic Times Reporter 2025.12.25

Volkswagen Atlas Earns Highest Safety Rating 'TSP+' from U.S. IIHS: (C) Carisyou The Volkswagen Atlas, a flagship large-size SUV, has demonstrated its superior safety by earning the "Top Safety P ...; Pedro Espinola Special Correspondent 2025.12.24

Yongin Prugio One Cluster Park Emerges as Prime Residential Hub Behind World's Largest Semiconductor Cluster: (C) Yongin Prugio One Cluster Park Yongin City, Gyeonggi Province, is rapidly rising as a focal point of the real estate market, ...; Kim Sungmoon Reporter 2025.12.24

Samsung Biologics Acquires GSK’s U.S. Plant to Bypass Tariff Barriers: (C) KBR MARYLAND – Samsung Biologics (207940.KS) has officially entered the U.S. manufacturing landscape by acquiring a lar ...; Yim Kwangsoo Correspondent 2025.12.23

Samsung Chairman Lee Jae-yong Visits Semiconductor Hub to Spearhead 'Super Cycle' Strategy: (C) The Investor YONGIN/HWASEONG — Samsung Electronics Chairman Lee Jae-yong has officially commenced a high-profile inspec ...; Global Economic Times Reporter 2025.12.23

KFTC Fines Korean Air and Asiana KRW 6.46 Billion for Capacity Reduction Violations: (C) Aviation A2Z SEOUL — The merger process between South Korea’s two largest carriers, Korean Air and Asiana Airline ...; Desk 2025.12.23

Gangwon Province Sweeps National Livestock Brand Awards, Securing Top Honors: (C) Gangwon Province CHUNCHEON – Gangwon Province has solidified its status as South Korea's premier livestock hub by winni ...; Kim Sungmoon Reporter 2025.12.21

HD Hyundai Heavy Industries to Co-Develop Next-Generation Submarines Tailored for Peru: (C) HD Hyundai LIMA, Peru — HD Hyundai Heavy Industries (HD HHI) is accelerating its first overseas submarine export throug ...; Yim Kwangsoo Correspondent 2025.12.21

South Korea's Foreign Workforce Hits 1.1 Million Milestone: (C) VnExpress International SEOUL – South Korea’s foreign employment has reached an all-time high, surpassing the 1 ...; Global Economic Times Reporter 2025.12.19

Kyungdong Navien to Acquire Smart Home Pioneer Commax for 32.8 Billion Won: (C) Kyungdong Navien SEOUL – Kyungdong Navien, South Korea’s leading HVAC (Heating, Ventilation, and Air Conditioning ...; KO YONG-CHUL Reporter 2025.12.18

Tesla Faces 30-Day Sales Suspension Risk in California Over "Deceptive" Autopilot Claims: (C) Arena EV LOS ANGELES — In a landmark decision that could disrupt Tesla’s operations in its most vital domestic ma ...; Eunsil Ju Reporter 2025.12.18

Israel Greenlights Landmark $38 Billion Natural Gas Export Deal with Egypt: (C) Watan JERUSALEM – In a move set to redefine the energy landscape of the Eastern Mediterranean, the Israeli government o ...; KO YONG-CHUL Reporter 2025.12.18