Global Economic Times

2026.05.08 (Fri)
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Samsung Electronics Shifts Strategy in China: Moving from Hardware Sales to Platform-Based Business

SEOUL – Samsung Electronics is undertaking a major restructuring of its home appliance business in China, marking a significant pivot 34 years after first entering the market. The move is seen a
Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests

WASHINGTON D.C. — Tesla’s flagship SUV, the Model Y, has made history as the first vehicle to pass the United States government’s newly implemented safety tests for advanced driver-a

Celltrion’s Zymfentra Sees Explosive 300% Growth, Hits Record Quarterly Prescriptions in the U.S.

[NEW YORK] – Celltrion’s strategic push into the United States is yielding unprecedented results. Zymfentra (marketed as Remsima SC outside the U.S.), the world's first and only subcut

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Cuba Set to Showcase Caribbean Charm at FITCUBA 2025, Targeting Growing Korean Market: Havana, Cuba – The vibrant island nation of Cuba is gearing up to host its annual International Tourism Fair, FITCUBA 2025, ...; KO YONG-CHUL Reporter 2025.04.18

Chilean Lumber Exports See 10% Price Dip in March Amidst Shifting Global Dynamics: Chile, a significant player in the global lumber market, experienced a notable 10% decrease in the price of its exported lumber du ...; Desk 2025.04.18

Chile Anticipates 11% Increase in Citrus Exports This Season: Chile's citrus industry is optimistic about the upcoming export season, projecting an 11% increase in volume compared to the previ ...; Desk 2025.04.18

Eunma Apartment in Gangnam Gears Up for Massive 49-Story Redevelopment: The iconic Eunma Apartment complex in the affluent Daechi-dong neighborhood of Gangnam-gu, Seoul, is taking significant steps towa ...; Global Economic Times Reporter 2025.04.17

Gunsan Airport Boosts Connectivity with Increased Flights to Jeju Island: Gunsan, South Korea – Jeollabuk-do (North Jeolla Province) is set to significantly enhance air travel convenience for its re ...; Yim Kwangsoo Correspondent 2025.04.17

Sejong Apartment Prices Rebound Amid Presidential Office Relocation Buzz; Seoul Market Remains Strong: Sejong City's real estate market has shown a surprising turnaround, with apartment prices rising for the first time in over a year ...; Hwang Sujin Reporter 2025.04.17

South Korea's Farming Population Faces Historic Drop Below 1 Million Amid Rapid Aging: South Korea's agricultural sector is facing a critical demographic shift as projections indicate the farming population will plumm ...; KO YONG-CHUL Reporter 2025.04.17

The Singapore Pavilion, "The Dream Sphere," at Expo 2025 Osaka to Showcase Singapore's Charm Through a Multi-Sensory Experience: The outline of Singapore's pavilion for the 2025 Expo in Osaka, Japan, has been unveiled. Named the enchanting "The Dream Sphere," ...; Global Economic Times Reporter 2025.04.17

Singapore's March Exports Increase by 5.4%, Below Expectations... IT Items Rebound Amid Global Economic Slowdown Concerns: Singapore's exports continued their upward trend in March, increasing by 5.4% year-on-year. However, this fell short of the market ...; Eugenio Rodolfo Sanabria Reporter 2025.04.17

Singapore's Challenges and Strategies to Leapfrog as a Global Cryptocurrency Leader: Singapore has long held a leading position in the cryptocurrency space through thoughtful regulation and innovative digital asset ...; Desk 2025.04.17

Singapore Renews Marina Bay Sands Casino License for 3 Years, Boosting Large-Scale Expansion Investment: Singapore's Casino Regulatory Authority (GRA) has announced the renewal of Marina Bay Sands' (MBS) casino license for three years, ...; Hwang Sujin Reporter 2025.04.17

Philippine Car Market Continues Growth with Soaring Sales of SUVs and Commercial Vehicles: The Philippine automotive market continues its steady growth, bolstered by robust economic expansion and the government's policies ...; Kim Sungmoon Reporter 2025.04.17

Philippine Labor Market Recovers in February, but Youth Employment Slump Remains a Challenge: The Philippine labor market showed signs of improvement in February 2025 compared to the previous month, but still faces challenge ...; Kim Sungmoon Reporter 2025.04.17

Paraguay on the verge of introducing A-29B attack aircraft amidst Brazil spy controversy? Contract cancellation rumors also raised: Paraguay appears to be on the verge of introducing Embraer A-29B Super Tucano light attack aircraft despite a diplomatic conflict ...; Ana Fernanda Reporter 2025.04.17

International Air Travel 'Red Light': Hampered by Economic Downturn and Strengthened Immigration Policies?: Amidst increasing uncertainty in the global economy and a trend of major countries strengthening their immigration policies, unusu ...; Hannah Yeh Reporter 2025.04.17

China's Increased Canadian Crude Oil Imports Amid US-China Trade Tensions Drive International Oil Price Hike: On April 16th (local time), West Texas Intermediate (WTI) crude oil futures for May delivery traded on the New York Mercantile Exc ...; KIM YOUNG MIN 2025.04.17

LG CNS Makes Its First Foray into the U.S. Public Market with Smart City Technology… Secures Successive Contracts in New York and Georgia: LG CNS has successfully entered the U.S. public market with its self-developed advanced smart city technology, signaling a green l ...; Eunsil Ju Reporter 2025.04.17

Daejeon Secures Inaugural National Industry Award for Leading Space Industry, Solidifying Position as Korea's Space Hub: Daejeon Metropolitan City has proudly earned the first-ever National Industry Award in the Leading Space Industry category at the ...; HONG MOON HWA Senior Reporter 2025.04.17

Chungcheongnam-do Selects Promising Fisheries Entrepreneurs to Lead Future of Local Seafood Industry: The Chungcheongnam-do Fisheries Resources Research Institute announced on April 16th the selection of 60 promising young and mid-c ...; HONG MOON HWA Senior Reporter 2025.04.17

Daejeon Seeks Public Input to Finalize Tram Station Names: Daejeon Metropolitan City is embarking on a public engagement process to finalize the names for the 45 stations of its highly anti ...; KO YONG-CHUL Reporter 2025.04.17