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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Paraguayan Livestock Sector Urges Improvement in Meat Sector Profit Distribution: The Paraguayan livestock industry is strongly demanding an improvement in the profit distribution structure within the meat sector ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

Paraguay Opens 16 New Markets with 17 Domestic Products, Surpassing $6.9 Million in Exports: Landlocked South American nation Paraguay has achieved a remarkable feat in the first quarter of this year, successfully introduci ...; Yim Kwangsoo Correspondent 2025.04.24

Altius Group Unveils New Mixed-Use Development 'MORE PLAZA' in Asunción, Paraguay: ASUNCIÓN – Altius Group, a leading real estate development company in Paraguay, is accelerating urban development wit ...; Yim Kwangsoo Correspondent 2025.04.24

HDF Energy Partners with the Philippine Government to Accelerate Hydrogen Technology and Infrastructure Development: Manila, Philippines – Hydrogen de France (HDF Energy), a leading company in large-scale green hydrogen infrastructure and hi ...; Greace Nunez Correspondent 2025.04.24

Philippines Steps Up Research and Development Commercialization, Strengthening Government-Research-Industry Collaboration: Baguio City – The Philippines is intensifying its efforts to translate domestically developed innovative technologies into t ...; Greace Nunez Correspondent 2025.04.24

ENEX Reaffirms Plans to Build 1,100MW Gas Power Plant in Batangas, Philippines: MANILA – ENEX Energy Corporation (ENEX), a Philippine energy firm, has stated that it is still pursuing its plan to construc ...; Global Economic Times Reporter 2025.04.24

Singapore's Sovereign Wealth Fund GIC Partners with Indian Hotel Chain SAMHI in Joint Venture to Reduce Debt and Accelerate Luxury Hotel Development: SINGAPORE - Singapore's sovereign wealth fund, GIC, is entering a joint venture to co-develop India's luxury hotel market by acqui ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

More Singapore Homeowners Opt to Rent Out Instead of Selling to Move: Examining the Underlying Reasons: In Singapore, renting out one's own home is not something that comes naturally to most Singaporeans. While there are certainly sin ...; Ana Fernanda Reporter 2025.04.24

South Korea to Overhaul Bottled Water Regulations Amid Growing Concerns: Seoul, South Korea - Marking 30 years since the implementation of the bottled water sales system, the South Korean Ministry of Env ...; Hwang Sujin Reporter 2025.04.24

Mongolian Dairy Farmers Embody Korean Saemaul Spirit, Aspiring for Self-Reliance: Ulaanbaatar – On the sprawling grasslands of the Jargalant region in Mongolia, where cows graze peacefully, Byambasuren Dava ...; KO YONG-CHUL Reporter 2025.04.24

Puma Leaps Ahead in Sustainable Fashion, Achieves 90% Recycled and Certified Materials Target Ahead of Schedule: Global sportswear giant Puma has demonstrated a significant stride in sustainability by achieving its 2024 target of using 90% rec ...; Greace Nunez Correspondent 2025.04.24

Baltic Sea Breakthrough: World's Longest Immersed Tunnel Forges New Link Between Scandinavia and Continental Europe: Lolland, Denmark - Construction is well underway on the groundbreaking Fehmarnbelt Tunnel, an ambitious 18-kilometer immersed unde ...; Greace Nunez Correspondent 2025.04.24

Egypt Gears Up for High-Speed Rail Era with Arrival of First 'Velaro' Train: Cairo, Egypt - Egypt is on the cusp of inaugurating a new era in transportation as it prepares for the arrival of its first high-s ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

China Steps into the Ring and onto the Track with Pioneering Robot Competitions: The realm of science fiction, reminiscent of the cinematic portrayal in "Real Steel," where towering robots engage in fierce boxin ...; Ana Fernanda Reporter 2025.04.23

China's Robot Sector Booms with Over 60,000 New Firms in 2024, Fueled by Humanoid Rental Market: Beijing, China - China's robotics industry is experiencing a significant surge, with over 63,000 new robot-related companies regis ...; Pedro Espinola Special Correspondent 2025.04.23

Trump Tariffs Threaten to Cede US Lead in Humanoid Robotics to China: Concerns are mounting that the United States' humanoid robotics industry could fall behind China due to tariffs imposed during the ...; Pedro Espinola Special Correspondent 2025.04.23

Japan's Golf Industry Pins Hopes on Asian Tourists Amid Domestic Decline: Tokyo, Japan - Japan, boasting the world's third-largest number of golf courses at approximately 2,200, is strategically focusing ...; Hwang Sujin Reporter 2025.04.23

Chungnam Province Explores Strategies for Participating in Ukraine's Reconstruction Projects: Cheonan, South Korea - As discussions regarding the end of the Russia-Ukraine war gain momentum, Chungnam Province is actively see ...; KO YONG-CHUL Reporter 2025.04.23

Seoul Court Approves $60 Million DIP Financing for Ailing Homeplus: SEOUL, South Korea – The Seoul Bankruptcy Court has granted permission for Homeplus, a major South Korean retailer currently ...; Yim Kwangsoo Correspondent 2025.04.23

South Korean Startup Tesollo Unveils Human-like Robotic Hands at Prestigious AI Conference in Singapore: Tesollo, an innovative South Korean startup at the forefront of developing advanced multi-joint robotic grippers and sophisticated ...; Graciela Maria Reporter 2025.04.23