Global Economic Times

2026.02.04 (Wed)
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LG Electronics: A New Titan in Robotics, or Still Just a Contender?

(C) LG LAS VEGAS — As the dust settles on CES 2026, the financial world is grappling with a pivotal question: Is LG Electronics still a traditional home appliance giant, or has it successfully
South Korea’s First Mass-Produced Micro-Satellite Successfully Launched and Linked

(C) The Diplomat South Korea has successfully launched and established communication with its first mass-produced Micro-Satellite Cluster Verifier. This milestone, achieved after two previous delay

Tesla Weathers the Storm: Q4 Results Beat Estimates Despite Slowing Growth

(C) Teslarati LOS ANGELES — Tesla Inc. managed to pull a rabbit out of the hat on Wednesday, reporting fourth-quarter financial results that, while showing a year-over-year decline, managed t

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South Korea Unveils Visa-Free Travel for Chinese Tourists, Igniting Tourism Boom: South Korea's tourism sector is buzzing with excitement as a temporary visa-free entry policy for Chinese group tourists officiall ...; Hwang Sujin Reporter 2025.09.29

Global Machine Tool Industry Rattled by South Korea-Led M&A Blitz: The global machine tool industry, often called the "mother machine" sector for its role as the backbone of manufacturing, is under ...; Pedro Espinola Special Correspondent 2025.09.29

Starbucks Initiates $1 Billion North American Overhaul Amidst Performance Woes: SEATTLE — Global coffee behemoth Starbucks has announced a sweeping $1 billion restructuring plan for its North American ope ...; Desk 2025.09.26

Chinese Electric Commercial Vehicles Accelerate Entry into Korean Market with NCM Batteries: Chinese electric commercial vehicle manufacturers are rapidly increasing their presence in the South Korean market, a trend that f ...; Shin Yeju Intern Reporter 2025.09.25

Imported Car Brands Spark a Fierce Discount War in South Korea: SEOUL — South Korea’s imported car market is currently at the center of a heated discount war. As brands head into the ...; Shin Yeju Intern Reporter 2025.09.25

S. Korea's Petrochemical Giants Face Restructuring Test Amid Debt Crisis: SEOUL—South Korea's petrochemical industry, burdened by an astonishing 32.8 trillion won ($24.6 billion) in bank loans as of ...; Yim Kwangsoo Correspondent 2025.09.25

Kia Counters U.S. Tariffs on Mexican Cars with Latin American Strategy: SEOUL – Amid stalled follow-up tariff negotiations between South Korea and the U.S., the American decision to impose high ta ...; Desk 2025.09.24

NOV Secures Contract for Argentina's First FLNG Project: Oilfield services company NOV has secured a contract to provide a mooring solution for Argentina's first-ever floating liquefied n ...; Pedro Espinola Special Correspondent 2025.09.23

The Impact of Argentina's Vaca Muerta Growth Scenarios on the Supply Chain: The acceleration of Argentina's Vaca Muerta shale development presents both challenges and opportunities for the supplier ecosyste ...; Pedro Espinola Special Correspondent 2025.09.23

Chile unveils draft critical minerals strategy... a step towards securing 'future food': The Chilean government is emerging as a new center in the global mineral market, as it establishes a critical minerals supply stra ...; Graciela Maria Reporter 2025.09.23

Chilean Cherry Producers Accelerate Diversification Efforts to Reduce Reliance on Chinese Market: The Chilean cherry industry is gearing up for a new season, seeking to overcome the challenges of oversupply and difficult sales e ...; Global Economic Times Reporter 2025.09.23

Nissan and Mitsubishi to Produce New EVs for European Market in France: Douai, France — In a landmark visit to the Renault ElectriCity plant in Douai, the CEOs of Nissan and Mitsubishi Motors, Iva ...; Eugenio Rodolfo Sanabria Reporter 2025.09.19

Spanish "Bicinete" Hybrid Vehicle Vies for Top European Design Award: Copenhagen, Denmark — The innovative "Bicinete," a hybrid of a bicycle and a scooter, is vying for one of Europe's most pres ...; Yim Kwangsoo Correspondent 2025.09.19

Aviation Industry Urges Governments to Prioritize Sustainable Fuel Production: Montreal, Canada — The International Air Transport Association (IATA) is calling on governments to shift their focus from ma ...; KO YONG-CHUL Reporter 2025.09.19

Chile's Startup Ecosystem and the Shadow of 'Invisible Costs': A Burnout Alert: A dark shadow is being cast over Chile's startup ecosystem, once heralded as a symbol of innovation and growth. While a dazzling n ...; Pedro Espinola Special Correspondent 2025.09.16

Paraguay's Construction Industry Expresses Concern over Reduced Infrastructure Investment in 2026 Government Budget: Despite recent vigorous construction projects in the residential, corporate, and industrial sectors, the construction industry is ...; Pedro Espinola Special Correspondent 2025.09.15

First Fan Export Success... $5 Million Export Deal Secured in Argentina: A new vitality is emerging in Paraguay's home appliance industry. On the 14th, local company Goldmund marked a significant milesto ...; Pedro Espinola Special Correspondent 2025.09.15

Expo Norte: Economic Ripple Effects with a Glimmer of Hope: CONCEPCIÓN – Expo Norte, recently held in Concepción, was more than just a dazzling showcase for large corpora ...; Eugenio Rodolfo Sanabria Reporter 2025.09.15

S. Korea's Supreme Court Rules Existing Pharmacies Can Sue Over New Rival's Location: SEOUL – The Supreme Court of South Korea has issued a landmark ruling, granting existing pharmacists the legal standing to f ...; Hwang Sujin Reporter 2025.09.13

FDA to Conduct Surprise Inspections of Overseas Drug Factories, Including South Korea: The U.S. Food and Drug Administration (FDA) has announced a significant shift in its policy, stating it will begin conducting unan ...; Graciela Maria Reporter 2025.09.13

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