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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Philippine Economy Faces Looming Trade Crisis; Government Response Remains Uncertain: Manila, Philippines – Analyses suggest that the Philippine economy could face significant challenges with the potential resu ...; Desk 2025.04.14

Philippines' Unique Labor Law, the '13th Month Pay'... Discussions for Domestic Introduction Face Strong Opposition: Manila, Philippines - Often, unique or peculiar labor law regulations abroad, while fitting the local context, can feel somewhat u ...; Desk 2025.04.14

Hyundai-Kia Revving Up Russia Return Amid Easing Tensions: As diplomatic efforts to resolve the conflict in Ukraine gain traction, South Korean automotive giant Hyundai Motor Group is strat ...; Hwang Sujin Reporter 2025.04.13

Top Two South Korean Steelmakers Consider Alliance: POSCO Eyes Investment in Hyundai Steel's US Plant: South Korea's leading steelmaker, POSCO, is reportedly considering a significant equity investment in a new electric arc furnace ( ...; KO YONG-CHUL Reporter 2025.04.13

'Queen of Roads' Whitmer's Meeting with Trump Sparks 'Controversy' Within Democratic Party: Gretchen Whitmer, who rose to the Michigan governorship on the slogan "Fix the damn roads," is making political moves that are dra ...; Yim Kwangsoo Correspondent 2025.04.13

Boeing Huntsville-Made Missile Defense Component Named "Coolest Thing Made in Alabama" This Year: HUNTSVILLE, ALABAMA – A critical component for a missile defense system produced by aerospace and defense giant Boeing in Hu ...; Ana Fernanda Reporter 2025.04.13

Trump Administration's Alaska Oil Development Policy: Mixed Signals Fuel Industry Uncertainty: The Trump administration has ushered in a new chapter in the decades-long conflict between commerce and conservation in Alaska, fo ...; Yim Kwangsoo Correspondent 2025.04.12

Hawaii on the Brink of Legalizing Online Sports Betting: Economic Benefits and Social Concerns Intertwine: As the expansion of the sports betting market in the United States has recently shown signs of slowing, Hawaii is moving closer to ...; Yim Kwangsoo Correspondent 2025.04.12

Arizona Lands Major Advanced Industry Investments, Bolstering Bioscience and Semiconductor Sectors: PHOENIX, Arizona – Arizona is experiencing a new era of economic growth, securing record-breaking investments in the bioscie ...; Sharon Yoon Correspondent 2025.04.12

Arizona Lawmaker Seeks to Ban Digital Price Tags Amid Dynamic Pricing Concerns: Phoenix, Arizona — A bill proposed by an Arizona state lawmaker to ban the use of digital price tags in the state is sparkin ...; Pedro Espinola Special Correspondent 2025.04.12

New Mexico Shines with Natural Beauty: Travel + Leisure Names Top Spot: New Mexico – It's no secret that the state of New Mexico boasts a wealth of stunning natural attractions. Recently, the reno ...; Min Gyu Mi Reporter 2025.04.12

Wyoming Residents Could Boost State GDP by $36.3 Million with a 5% Increase in Local Food Consumption: LARAMIE, WY – A new study from the University of Wyoming Extension indicates that if Wyoming residents invested just 5% of t ...; Hannah Yeh Reporter 2025.04.12

Trump Administration Proposes Massive Cuts to NASA Science Budget, Jeopardizing Space Exploration Plans: Washington D.C. – A draft budget proposal from the Donald Trump administration, slated to be submitted to Congress, reported ...; KO YONG-CHUL Reporter 2025.04.12

Washington House to Revisit Amended Rent Control Bill, Late-Stage Hurdles Expected: Olympia, WA – The Washington State House of Representatives is set to re-examine a significantly amended rent control bill p ...; Hannah Yeh Reporter 2025.04.12

Montana Livestock Loss Board Accepting Applications for 2025 Loss Prevention Grants: HELENA, MONTANA – The Montana Livestock Loss Board (LLB) is now accepting applications for its 2025 Loss Prevention Grants. ...; Eunsil Ju Reporter 2025.04.12

AbbVie Sues South Dakota Over Law Protecting 340B Drug Discount Program: CHICAGO – Global pharmaceutical company AbbVie Inc. has filed a lawsuit against the state of South Dakota challenging a new ...; Hannah Yeh Reporter 2025.04.12

Keystone Pipeline Halts Operations After "Mechanical Noise," Crude Oil Spill Reported: North Dakota, USA – The Keystone Pipeline, a major conduit transporting crude oil from Canada to the United States, was urge ...; Hwang Sujin Reporter 2025.04.12

North Dakota's 'Legacy Fund' Loses $1 Billion Amid North American Market Plunge, Focus Remains on Long-Term Management: BISMARCK, ND - North Dakota's Legacy Fund, a repository for the state's oil and gas tax revenues, has reportedly incurred an estim ...; Hannah Yeh Reporter 2025.04.12

North Dakota Opens Door to Nuclear Energy Research: The North Dakota legislature has passed a bill allowing nuclear energy research within the state, setting the stage for active dis ...; Hannah Yeh Reporter 2025.04.12

Nevada Considers Bill to Curb Corporate Home Buying Amid Housing Market Concerns: Las Vegas, Nevada – As housing prices in Nevada continue their upward trajectory, state lawmakers are exploring measures to ...; ONLINE TEAM 2025.04.12