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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China's Halt on Lithium Adsorbent Exports: A New Chess Move in the Global Lithium Race: In a move that sent ripples throughout the global lithium industry, China has reportedly halted exports of lithium adsorbents, key ...; Ana Fernanda Reporter 2025.02.19

South Korea's Government to Tackle Housing Market Slump with Unsold Apartment Purchases: SEOUL – In a bid to revitalize the country's struggling construction sector, South Korea's government is considering a plan ...; Desk 2025.02.19

Vietnam's Post-Tết Labor Market Sees Surge in Recruitment Demand: Hanoi, Vietnam – Following the Tết (Lunar New Year) holiday, Vietnam's labor market is experiencing a surge in recruitment d ...; ONLINE TEAM 2025.02.18

Dalmatian Dog Flies Business Class on Singapore Airlines to Japan: A four-year-old Dalmatian named Spotty recently enjoyed a luxurious flight experience, traveling in business class on Singapore Ai ...; Hwang Sujin Reporter 2025.02.18

Hyundai Launches 'Translocal Series' to Support Global Art Collaboration: SEOUL – Hyundai Motor Company unveiled its new partnership program, the "Hyundai Translocal Series," on February 18th. This ...; Desk 2025.02.18

Hyundai Unveils Upgraded Mighty Truck for 2025: SEOUL, South Korea – Hyundai Motor Company has announced the launch of its enhanced medium-duty truck, the 2025 "The New Mig ...; Desk 2025.02.18

Cheongju Advanced Research and Development Special Zone Embarks on Phase 2, Aiming to Elevate Smart IT Industry: Cheongju, South Korea – The Cheongju Advanced Research and Development Special Zone (ARDSZ) in North Chungcheong Province ha ...; Hwang Sujin Reporter 2025.02.17

The Dawn of the Radio Wave Industry: A Call for Recognition and Legal Framework: In today's hyper-connected world, life without radio waves is unimaginable. From smartphones that keep us informed and connected t ...; Graciela Maria Reporter 2025.02.17

Google Joins the Race for Humanoid Robots, Investing in Apptronik: Google has officially entered the competitive field of humanoid robot development, combining its expertise in artificial intellige ...; Eunsil Ju Reporter 2025.02.17

Apple to Unveil New iPhone SE as Early as Next Week: Cupertino, CA - Apple is rumored to be unveiling a new iteration of its budget-friendly iPhone SE as early as next week, according ...; Sharon Yoon Correspondent 2025.02.17

Solidus Secures $9.5 Million in Funding to Accelerate Solid-State Battery Production: Seoul, South Korea – Solidus, a startup specializing in key materials for next-generation batteries, announced on February 1 ...; Yim Kwangsoo Correspondent 2025.02.17

Unid Launches New Caustic Potash Plant in China: Seoul, South Korea – Unid (014830), a leading chemical company, announced on February 17th that it has completed the first p ...; Desk 2025.02.17

Korea to Expand District Heating Supply and Transition to Clean Energy Sources by 2028: Seoul, South Korea – The Ministry of Trade, Industry and Energy (MOTIE) announced plans to significantly expand the district ...; Hee Chan Kim Reporter 2025.02.17

Apartments Dominate South Korea's Housing Market, Reaching Record High in 2023: Apartments accounted for 77% of all housing transactions in South Korea last year, the highest proportion ever recorded. This indi ...; Desk 2025.02.17

Big Tech Companies Join the Humanoid Robot Race, Expanding the Market: The humanoid robot market, considered a next-generation artificial intelligence (AI) trend, is growing as big tech companies join ...; KO YONG-CHUL Reporter 2025.02.17

Seoul Apartment Prices Dip Below ₩40 Million per 3.3㎡ for First Time in Five Months: SEOUL – Seoul's once-booming apartment market is showing signs of cooling, with average prices dipping below ₩40 million per ...; Min Gyu Mi Reporter 2025.02.17

Manufacturing Jobs in South Korea Hit 12-Year Low, Youth Unemployment on the Rise: South Korea's manufacturing sector is facing a deepening crisis as the number of workers in the industry has fallen for seven cons ...; Desk 2025.02.17

Korean Oil Refiners Poised for Gains Amidst LNG Price Surge: Seoul - The recent surge in global liquefied natural gas (LNG) prices is expected to drive up demand for oil, a key substitute, cr ...; Desk 2025.02.16

Namdong National Industrial Complex Sees Increase in Occupancy, but Decrease in Workers: The number of companies occupying the Namdong National Industrial Complex, the largest industrial complex in the Seoul metropolita ...; Min Gyu Mi Reporter 2025.02.16

Siheung City Breaks Ground on Pedestrian Bridge to Revitalize Wolgot-dong: SIHEUNG, GYEONGGI PROVINCE – Siheung City has announced plans to construct a pedestrian bridge connecting the bustling Baego ...; Min Gyu Mi Reporter 2025.02.16