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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West Coast International Cruise Sailing Smoothly This Year Too: Departs from Seosan Daesan Port on May 19th, visits Taiwan and Japan, and arrives at Busan Port on the 25th -Chungcheongnam-do Pro ...; KO YONG-CHUL Reporter 2025.04.16

Chungcheongnam-do to Explore Strategies for Entering Ukraine Reconstruction Projects: Chungcheongnam-do Province has announced its plan to host the ‘2025 Exporting Companies CEO Forum’ on April 23rd at th ...; KO YONG-CHUL Reporter 2025.04.16

Chungnam Technopark Forges Strategic Alliances with Six Universities to Spearhead Regional Innovation through RISE Initiative: Chungnam-do, South Korea – In a significant move poised to reshape the landscape of regional innovation and economic growth, ...; HONG MOON HWA Senior Reporter 2025.04.16

Daejeon Metro Line 2 Station Design Competition Awards Ceremony Held: Daejeon Metropolitan City has unveiled innovative designs that will infuse creativity and practicality into the stations of its pl ...; KO YONG-CHUL Reporter 2025.04.16

Chungnam Economic Promotion Agency Conducts Tailored Consulting to Enhance Basic Saeil Center Operations: The Chungnam Gwangyeok Women's Saeroil Center (hereinafter referred to as the Chungnam Metropolitan Saeil Center), under the Chung ...; HONG MOON HWA Senior Reporter 2025.04.16

Chungcheong Region Bids for National Information Security Cluster: The four metropolitan and provincial governments of the Chungcheong region – South Chungcheong Province, Sejong Special Auto ...; KO YONG-CHUL Reporter 2025.04.16

Cheonan City Unveils Strategies to Reignite Local Construction Sector at Revitalization Council: In a proactive move to invigorate its local construction industry amidst prevailing economic headwinds, Cheonan City convened the ...; KO YONG-CHUL Reporter 2025.04.16

Apple's Strategic Inventory Buildup: Record iPhone Shipments from India Precede Potential Trump Tariffs: In a calculated maneuver to mitigate potential financial repercussions from anticipated trade policy shifts, technology behemoth A ...; Graciela Maria Reporter 2025.04.16

HD Hyundai Mipo Unveils World's Largest Liquefied CO2 Carrier, Ushering in New Era for Carbon Transportation: Ulsan, South Korea – HD Hyundai Mipo Dockyard (HMD), a key shipbuilding arm of the global conglomerate HD Hyundai, recently ...; Yim Kwangsoo Correspondent 2025.04.16

Despite Yen Appreciation, Japan Travel Demand from South Korea Remained Strong in Late 2024 and Early 2025: Despite the recent strengthening of the Japanese yen, the demand for travel to Japan among South Korean tourists surprisingly incr ...; Hwang Sujin Reporter 2025.04.16

K-Content Surpasses UK and Japan to Become Second Most Watched on Netflix Globally, Excluding US Productions: Korean dramas, films, and other forms of K-content have reportedly achieved the second-highest viewership on Netflix worldwide, tr ...; Hwang Sujin Reporter 2025.04.16

Good Elevator Revolutionizes Emergency Response with Integrated Elevator AED System: GENEVA, SWITZERLAND – South Korean elevator manufacturer Good Elevator Co., Ltd. has unveiled a groundbreaking public safety ...; HONG MOON HWA Senior Reporter 2025.04.16

Trump Administration Escalates Tech and Mineral Standoff with China: H20 Export Ban and Rare Earth Probe: Washington D.C. – The Trump administration has intensified its strategic rivalry with China, enacting stringent measures tar ...; Eugenio Rodolfo Sanabria Reporter 2025.04.16

US-China Tariff War Escalates to AI Semiconductor Battle; US Restricts Exports of Even Low-End Nvidia Chips to China: The protracted and increasingly acrimonious trade dispute between the United States and China has taken a significant and potentia ...; Desk 2025.04.16

US Scrutiny of Pharmaceutical Imports Under National Security Clause Triggers Proactive Measures from South Korean Biopharmaceutical Sector: The United States government's initiation of an investigation into the imposition of tariffs on imported pharmaceuticals has galva ...; Hannah Yeh Reporter 2025.04.16

GM Korea Boosts Production in Bupyeong Amidst U.S. Tariff Uncertainty, Signaling Continued Strategic Importance: In a move interpreted as a strong affirmation of South Korea's pivotal role in its global manufacturing strategy, General Motors ( ...; Min Gyu Mi Reporter 2025.04.16

U.S. Tariffs Poised to Elevate Costs, Presenting a Strategic Advantage for South Korean Industries: Seoul – The imposition of tariffs by the United States is projected to significantly inflate the expenses associated with th ...; Yim Kwangsoo Correspondent 2025.04.16

Indian Equities Emerge as a Haven Amidst US-China Trade Tensions and Global Market Volatility: As the protracted trade dispute between the United States and China injects a significant degree of uncertainty into global financ ...; Eugenio Rodolfo Sanabria Reporter 2025.04.16

Orion Accelerates Global Market Expansion with New Production Hubs in Korea, Russia, and Vietnam: Orion Corp., a leading South Korean confectionery and snack manufacturer, is significantly bolstering its global production capaci ...; KO YONG-CHUL Reporter 2025.04.16

Kia Firmly Rejects Speculation of Russian Market Re-entry Amidst Shifting Automotive Landscape: Seoul, South Korea – Kia Corporation has issued a strong rebuttal to burgeoning speculation regarding its potential return t ...; ONLINE TEAM 2025.04.16