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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Cheonan City Urges National Inclusion of Jungbu-Transverse Railroad Project Amidst Growing Public Consensus: Cheonan City, South Korea – Cheonan City is intensifying its efforts to advocate for the Jungbu-Transverse Railroad project' ...; HONG MOON HWA Senior Reporter 2025.06.18

Samcheok City Provides Customized Comprehensive Consulting for Hanwoo Farms: SAMCHEOK, South Korea – The Samcheok City Agricultural Technology Center has implemented a tailored comprehensive consulting ...; KO YONG-CHUL Reporter 2025.06.18

Hankook Tire Secures 13th Consecutive 'Best Korea Brand' Recognition, Driven by EV and High-Performance Innovations: Seoul, South Korea – Hankook Tire & Technology, a leading global tire manufacturer, announced today its distinguished in ...; Desk 2025.06.17

Paraguay's San Pedro Region Accelerates Dairy Production Revitalization: Dairy producers in the San Pedro region, in collaboration with the Ministry of Agriculture and Livestock (MAG), are actively engag ...; Ana Fernanda Reporter 2025.06.17

Paraguay's Industries Anticipate Accelerated Growth Through BID Invest: A surge of vitality is sweeping through Paraguay's industrial sector following the Inter-American Development Bank (IDB) Group's p ...; Ana Fernanda Reporter 2025.06.17

Paraguay's Forestry Sector Flourishes with Record Exports and Surging Investment: Paraguay's forestry sector is experiencing unprecedented growth, transforming into a "thriving business" thanks to historical expo ...; Eugenio Rodolfo Sanabria Reporter 2025.06.17

Buenos Aires Subway Faces Deepening "Citizen Disregard" as Soaring Fares Drive Steep Decline in Ridership: BUENOS AIRES – Argentina's capital, Buenos Aires, which was the first city in Latin America to introduce a subway system, is ...; Ana Fernanda Reporter 2025.06.17

MAFRA-KOTRA Host '2025 Southeast Asia Smart Farm Roadshow’: The Ministry of Agriculture, Food and Rural Affairs (Minister Song Mi-ryung) and KOTRA (President Kang Gyeong-seong) successfully ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan Transforms Vacant Properties into Vibrant Community Assets: ULSAN, South Korea – As rural and regional areas across South Korea grapple with a growing exodus of residents, Ulsan City i ...; Hwang Sujin Reporter 2025.06.16

Ulsan Seeks European Investment, Touts Green Energy Hub Ambitions in Sweden: Ulsan, South Korea – A high-level investment delegation from Ulsan Metropolitan City recently wrapped up a significant visit ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan Poised to Become Northeast Asia's AI Data Hub with $7 Billion Amazon-SK Investment: ULSAN, South Korea – Ulsan, a city historically known as South Korea's industrial powerhouse, is set to undergo a significan ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan City Boosts Local SMEs with Comprehensive Design Support Program: Ulsan, South Korea – Ulsan Metropolitan City has officially launched a robust initiative to enhance the brand competitivenes ...; KO YONG-CHUL Reporter 2025.06.16

Taean International Horticulture and Healing Expo to Accelerate Domestic and International Promotion: The Organizing Committee for the 2026 Taean International Horticulture and Healing Expo (hereinafter referred to as the "Organizin ...; HONG MOON HWA Senior Reporter 2025.06.13

Melon Necrotic Spot Virus (MNSV) Spreading: 'Caution Advised': On the 10th, the Chungcheongnam-do Agricultural Research & Extension Services (ARES) announced prevention and early response m ...; HONG MOON HWA Senior Reporter 2025.06.13

Cheongyang Establishes Key Hub for Social Economy Enterprises: The 'Chungnam Social Economy Innovation Town,' which will lead Chungnam Province's social economy, has officially begun operations ...; KO YONG-CHUL Reporter 2025.06.13

Labor Representative Storms Out of Conasam Meeting, Protesting Minimum Wage Hike Proposal: ASUNCIÓN, Paraguay – In the second meeting of Paraguay's National Minimum Wage Council (Conasam), Bernardo Rojas, a l ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13

HD Hyundai Heavy Industries Launches Offshore Patrol Vessel for the Philippines: HD Hyundai Heavy Industries has successfully launched the first of six offshore patrol vessels ordered by the Philippine Navy, a k ...; Hee Chan Kim Reporter 2025.06.12

Singapore's Straits Financial Strengthens Partnership with FX Trading Tech Provider Integral to Expand Gold Trading: As record-breaking gold prices drive increased gold trading activity in Asia, Straits Financial Services, a Singapore-based financ ...; KO YONG-CHUL Reporter 2025.06.12

Daejeon City and Quebec, Canada Hold Meeting to Explore Aerospace Industry Cooperation: DAEJEON, South Korea – Daejeon Mayor Lee Jang-woo held a meeting with representatives from the Canadian province of Quebec o ...; HONG MOON HWA Senior Reporter 2025.06.12

UK Trade Remedies Authority Initiates Anti-Dumping Investigation into South Korean Hot Rolled Steel Plate…Korean Industry on High Alert: The UK's Trade Remedies Authority (TRA), an agency under the Department for Business and Trade, has abruptly launched an anti-dump ...; Eugenio Rodolfo Sanabria Reporter 2025.06.12