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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US: Surge in 'Tariff Evasion' Trade Fraud... A Shadow Cast by Trump's Tariff Barriers: The possibility of President Donald Trump's re-election, along with heightened tariff barriers, is being identified as a major cau ...; Pedro Espinola Special Correspondent 2025.05.29

CU, First Korean Convenience Store to Enter Hawaii, USA... Targeting Local Market with K-Food and Retail Tech: BGF Retail (CEO Min Seung-bae)'s convenience store brand, CU, is set to elevate its status as a global company by becoming the fir ...; Hwang Sujin Reporter 2025.05.29

BHP Establishes Industrial AI Hub in Singapore to Accelerate Mining Digital Transformation: Singapore – BHP, the world's largest mining company, has announced the establishment of its first industrial Artificial Inte ...; Sharon Yoon Correspondent 2025.05.28

Singapore Sees 3.2% Real Wage Growth in 2024; Fewer Companies Plan Wage Hikes for 2025: Singapore – Singapore's real wages saw a significant increase of 3.2% in 2024, a substantial jump from the 0.4% growth recor ...; Kim Sungmoon Reporter 2025.05.28

CapitaLand Ascendas REIT Acquires Two Singapore Assets for S$700 Million: Singapore – CapitaLand Ascendas REIT (CLAR), a leading real estate investment trust listed on the Singapore Exchange, announ ...; Eugenio Rodolfo Sanabria Reporter 2025.05.28

Paraguayan SMEs Show High Enthusiasm for Education Despite Low Financial Inclusion; Reliance on Informal Finance Deepens: ASUNCIÓN, PARAGUAY – More than half of Micro, Small, and Medium-sized Enterprises (Mipymes) in Paraguay have received ...; Eugenio Rodolfo Sanabria Reporter 2025.05.28

Paraguayan National Development Bank (BNF) Provides $74 Million in Loans to SMEs: ASUNCIÓN, PARAGUAY – The Paraguayan National Development Bank (BNF, Banco Nacional de Fomento) has provided a total o ...; KO YONG-CHUL Reporter 2025.05.28

Scania Argentina: Mining Sector Accounts for 10% of Sales, Expects Accelerated Growth: BUENOS AIRES, Argentina – For the Swedish commercial vehicle manufacturer Scania, Argentina's mining sector has become a key ...; Ana Fernanda Reporter 2025.05.28

LIG Nex1 Unveils Future Unmanned Surface Vessel 'Haegum-X' at MADEX 2025: BUSAN, South Korea – LIG Nex1 (079550), a leading South Korean defense company, announced on May 27, 2025, that it will be g ...; Kim Sungmoon Reporter 2025.05.27

Argentina's Catamarca Province Intensifies Environmental Inspections at POSCO Lithium Project: Argentina – Authorities in Argentina's Catamarca province have conducted an on-site inspection of POSCO Holdings' lithium pr ...; KO YONG-CHUL Reporter 2025.05.27

Argentina Nears Offal Export Deal with China as Beijing Diversifies Food Imports: BEIJING, China – Argentina is close to finalizing a deal to export beef offal products to China. As the two nations iron out ...; Kim Sungmoon Reporter 2025.05.27

Wheat: Record Harvest Expectations Amidst Planting Delays: Buenos Aires, Argentina – The agricultural market in Argentina is a mix of optimism and apprehension. The Rosario Grain Exch ...; Desk 2025.05.27

Argenta Silver Commences 2025 Drilling Program at El Quevar Project in Argentina: Salta Province, Argentina – Argenta Silver Corp. (TSXV: AGAG; OTCQB: AGAGF; FSE: T1K) has announced the commencement of prep ...; Greace Nunez Correspondent 2025.05.27

Argentina's Rising Hopes as an LNG Exporter Intensify: BUENOS AIRES, Argentina – Market experts are increasingly analyzing that Argentina is in a favorable position to emerge as a ...; Hwang Sujin Reporter 2025.05.27

Paraguay Accelerates Leap Towards South American Logistics Hub: LUQUE, PARAGUAY – Paraguay has unveiled an ambitious plan to emerge as a new logistics hub in South America. Last week, the ...; Yim Kwangsoo Correspondent 2025.05.27

Southern Cone Infrastructure Trends: Paraguay Secures Road Funding, Neuquén Signs Contracts, Chile Initiates Highway EIA: Buenos Aires, Argentina – News of progress on major infrastructure projects is emerging from the Southern Cone countries of ...; KO YONG-CHUL Reporter 2025.05.27

78% of New Jobs in Paraguayan Social Security Institute (IPS) Created in Service Sector: ASUNCIÓN, PARAGUAY – It has been revealed that 78% of new regular jobs registered with the Paraguayan Social Security ...; Ana Fernanda Reporter 2025.05.27

Netflix Boosts Investment in Argentina, Unveiling New Film Starring Ricardo Darín: Buenos Aires, Argentina – Global streaming giant Netflix is significantly strengthening its investment in Argentine content ...; Desk 2025.05.26

Incheon City Offers Up to 30 Million Won in Special Guarantees for Young Entrepreneurs: INCHEON, South Korea – In a significant move to foster a robust startup ecosystem and alleviate the financial burdens faced ...; KO YONG-CHUL Reporter 2025.05.25

Bucheon City Accelerates Transformation into Advanced Science and Business Hub, Attracting Anchor Enterprises Like Korean Air, SK, and DN Solutions: Bucheon City, South Korea – Bucheon City is making significant strides toward its vision of becoming an "Advanced Science an ...; KO YONG-CHUL Reporter 2025.05.25