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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HD Hyundai’s Q3 Operating Profit Soars 295% on Shipbuilding and Transformer Boom: SEOUL, South Korea – HD Hyundai has announced a substantial surge in its third-quarter earnings, driven by a thriving shipbu ...; Hwang Sujin Reporter 2025.11.03

Musk Teases 'Flying Car' Prototype, Promises Unforgettable Reveal by Year-End 2025: SAN FRANCISCO—Tesla CEO Elon Musk has ignited fresh speculation about the future of transportation, hinting that the company ...; Eugenio Rodolfo Sanabria Reporter 2025.11.02

LG Electronics Launches 'ThinQ ON' AI Home Hub to Lead Smart Home Market: LG Electronics has announced the domestic launch of its Artificial Intelligence (AI) home hub, the 'LG ThinQ ON,' priced in the 20 ...; Global Economic Times Reporter 2025.10.22

Supersonic 'Hyperloop' Poised to Shrink South Korea, Cutting Seoul-Busan Trip to 20 Minutes: SEOUL — A revolution in transportation is on the horizon as South Korea throws its weight behind the development of the Hype ...; Hwang Sujin Reporter 2025.10.22

US Ships to be Built in South Korea: Washington Considers Easing Protective Maritime Laws for Alliance Shipbuilding Cooperation: The Donald Trump administration is reportedly giving serious consideration to a measure that would partially open the US shipbuild ...; KO YONG-CHUL Reporter 2025.10.21

South Korea to Drastically Increase Domestic LNG Shipping Rate to 70%: SEOUL — The South Korean government is pushing a bold plan to mandate that domestic shipping companies handle 70% or more of ...; Global Economic Times Reporter 2025.10.21

Hyundai Motor Rises to Global Top Tier, Ranks 33rd in TIME's 'World's Best Companies 2025': Hyundai Motor Company has dramatically affirmed its heightened international competitiveness by securing the 33rd position in TIME ...; Global Economic Times Reporter 2025.10.20

57-Year Wait Ends: Jeju-Qingdao Sea Route Opens, Boosting Island's Global Trade: Jeju Port has welcomed its first international regular container ship in 57 years, marking a historic milestone since its designat ...; Global Economic Times Reporter 2025.10.19

Specialty Alloy Market Booms, Korean Giants SeAH and Poongsan Accelerate Investment: Driven by the growth in the defense and rocket markets, South Korean steel giants like SeAH and Poongsan, known as "strong players ...; Global Economic Times Reporter 2025.10.19

Chocolate Prices Hold Steady Despite Cocoa Cost Drop: A Look at Korean Confectioners' Challenges: Despite a sharp decline in international cocoa prices, which have plummeted by over half since the beginning of the year, major So ...; Global Economic Times Reporter 2025.10.19

Energy Storage Projects Soar in Spain, Surge Driven by Post-Blackout Urgency: MADRID – The Spanish energy sector witnessed a sharp acceleration in the development of energy storage projects during the t ...; Graciela Maria Reporter 2025.10.18

Giant Vessels Reshaping the Global Seas: The New Era of Offshore Wind Installation: The world’s seas are undergoing a transformation, largely driven by the arrival of specialized, massive vessels that are key ...; Global Economic Times Reporter 2025.10.18

U.S. Startup Unveils 3D Solar Towers: A Potential End to Conventional Solar Panels: DALLAS, TX — A groundbreaking innovation originating from the United States is poised to fundamentally alter the landscape o ...; KO YONG-CHUL Reporter 2025.10.18

Korea’s Compact Powerhouse: Hanwha Unveils Next-Gen Naval Vessel and STOL Drone, Shaking Global Defense Market: SEOUL/WASHINGTON D.C. – South Korea’s Hanwha Group is moving aggressively to secure the future of K-defense for the ne ...; Yim Kwangsoo Correspondent 2025.10.17

Incheon Airport Expands Global Footprint: Set to Develop and Operate Key Uzbek Hubs: Tashkent/Urgench, Uzbekistan — Incheon International Airport Corporation (IIAC), the operator of South Korea’s main ga ...; KO YONG-CHUL Reporter 2025.10.17

S. Korean President Lee Pledges Support for Gaming, Urges Worker Equity: SEOUL—President Lee Jae-myung pledged to transform the gaming industry into a core pillar of the nation’s cultural eco ...; Desk 2025.10.16

OpenAI Selects Argentina as First South American Base for 'Stargate,' Willing to Invest Massive $25 Billion: OpenAI, the developer of ChatGPT, is accelerating its global AI infrastructure expansion by selecting Argentina as one of the busi ...; Yim Kwangsoo Correspondent 2025.10.11

U.S. EV Demand Slowdown Directly Hits Enchem, Tennessee Plant Construction Plan Completely Scrapped: Enchem, a leader in the domestic electrolyte market, has completely withdrawn its plan to build a large-scale production base in T ...; Ana Fernanda Reporter 2025.10.11

POSCO International Launches Development of World's Second-Largest Graphite Mine in Tanzania to Secure EV Battery Supply: MOROGORO, Tanzania—POSCO International has officially commenced the development of the Mahenge graphite mine in Tanzania, on ...; Hee Chan Kim Reporter 2025.10.10

SK Hynix's Market Cap Surpasses ₩300 Trillion on 42nd Anniversary, Driven by AI Memory Dominance: SEOUL, South Korea — SK Hynix Inc., a global leader in memory semiconductors, marked its 42nd anniversary on October 10, 202 ...; Hee Chan Kim Reporter 2025.10.10