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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Samsung SDI Appoints New CEO, Reshuffles Leadership: Seoul, South Korea – Samsung SDI, a leading global battery manufacturer, announced today that Choi Ju-sun, currently the CEO ...; Desk 2024.11.28

Futurist Predicts Humanoid Robots Will Revolutionize the Workforce: Futurist Peter Diamandis has predicted that Elon Musk's humanoid robots will replace human workers and fuel economic growth. In hi ...; Hwang Sujin Reporter 2024.11.28

India's Auto Market Heats Up as Hyundai Challenges Suzuki's Dominance: New Delhi, India – India's automotive market, the world's third largest after China and the United States, is witnessing int ...; Graciela Maria Reporter 2024.11.28

Vietnam and Canada Strengthen Ties in Production and Energy at Vancouver Forum: Vancouver, Canada – A high-level forum held in Vancouver has brought together Vietnamese and Canadian officials to strengthe ...; Global Economic Times Reporter 2024.11.28

Indonesia's Growing Online Gambling Problem Won't Deter Foreign Investment, Says Deputy Minister: Jakarta, Indonesia – Despite a surge in online gambling in Indonesia, the country's Deputy Minister of Communications and In ...; KO YONG-CHUL Reporter 2024.11.28

Hyundai Motor Launches EV Charging Subscription Service in Indonesia: Hyundai Motor is leading the way in building an electric vehicle (EV) ecosystem in Indonesia, the world's fourth-most populous cou ...; Graciela Maria Reporter 2024.11.27

South Korean Married Women Face Significant Career Disruptions: Seoul, South Korea – A new survey by Statistics Korea has revealed that more than one in five married women with minor child ...; Hwang Sujin Reporter 2024.11.27

KAIST and Daejeon City to Build Innovation Park for Startups: Daejeon, South Korea – The Korea Advanced Institute of Science and Technology (KAIST) and the city of Daejeon have signed a ...; KO YONG-CHUL Reporter 2024.11.27

South Korea Eases Restrictions on Officetels, Allowing for More Residential Use: Seoul, South Korea – The South Korean government is set to further relax regulations on officetels, allowing for more reside ...; Desk 2024.11.27

Seoul’s Apgujeong Hyundai Apartment Set for Major Redevelopment: Seoul, South Korea – The iconic Apgujeong Hyundai Apartment complex in Seoul is set for a major redevelopment, transforming ...; Hwang Sujin Reporter 2024.11.27

South Korea's Affordable Rental Program Sees Overwhelming Demand: Seoul, South Korea – A new affordable rental housing program in South Korea has seen an overwhelming response, with over 30, ...; Hwang Sujin Reporter 2024.11.27

South Korea's Manufacturing Sentiment Hits 13-Month Low Amidst Export Concerns: Seoul, South Korea – South Korea's manufacturing sentiment has hit a 13-month low in November, largely due to uncertainties ...; Desk 2024.11.27

Busan Ranks 13th Globally and 3rd in Asia in Smart City Index: Busan, South Korea – Busan has made significant strides in becoming a global smart city, ranking 13th among 77 major cities ...; Hwang Sujin Reporter 2024.11.27

Hyosung Heavy Industries Surpasses 10 Trillion Won in Cumulative Circuit Breaker Production: Changwon, South Korea – Hyosung Heavy Industries announced today that it has achieved a significant milestone by surpassing ...; KO YONG-CHUL Reporter 2024.11.27

Huawei Leads China's Electric Vehicle Revolution with Smart Driving Technology: BEIJING – While BYD has dominated the Chinese electric vehicle (EV) market, Huawei is emerging as a key player in the autono ...; Graciela Maria Reporter 2024.11.26

South Korea Cracks Down on Illegal Fishing of Endangered Smelt: Goseong, South Korea – The coastal city of Goseong in Gangwon Province has taken strict measures to protect the endangered s ...; Desk 2024.11.26

Karnali Focuses on Tourism, Agriculture, and Herbal Medicine for Economic Growth: Birendranagar, Nepal – A recent stakeholder consultation organized by IDEA Nepal highlighted tourism, agriculture, and herba ...; ONLINE TEAM 2024.11.26

Darjeeling Tea Workers Demand Ban on Nepali Tea Imports: Darjeeling, India – Tea workers in Darjeeling have called for a ban on Nepali tea imports, claiming that it is harming the r ...; Eugenio Rodolfo Sanabria Reporter 2024.11.26

Binggrae to Become a Holding Company, Aiming to Enhance Corporate Value: Seoul, South Korea – Binggrae, one of South Korea's leading food and beverage companies, announced today that it will restru ...; Global Economic Times Reporter 2024.11.25

South Korea Faces Housing Supply Shortage Amidst Construction Slowdown: Seoul, South Korea – South Korea is bracing for a housing supply shortage in the coming years, as a recent decline in housin ...; Desk 2024.11.25