Global Economic Times

2026.09.26 (Sat)
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Gwangju-Jeonnam Semiconductor Complex Set to Break Ground Next Year with Goal of Production by June 2030

The Gwangju-Jeonnam Integrated Special City is set to begin site development next year with the goal of achieving the first mass production at the Gwangju Semiconductor Cluster by June 2030. Out of th
Nostalgic Classic Games Reborn on Steam Win Over Global Gamers with 'Very Positive' Reviews

According to the gaming industry, titles such as The War of Genesis: The Rhapsody of Zephyr Remastered and the early 2000s feature-phone mobile RPG series Zenonia have recently landed on Steam to crit

Diverging Fortunes of Major South Korean Corporations: Seven Firms Record 106 Consecutive Quarters of Operating Profit Amid Slumps in Battery and Petrochemical Sectors

A recent corporate performance analysis has revealed a stark polarization among South Korea’s top-tier enterprises, showcasing a select group of resilient long-term profit champions while others

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The Space Industry Revolution Sparked by Moore's Law: Drastically Reduced Launch Costs Fuel a New Space Age: In 1965, Intel co-founder Gordon Moore proposed "Moore's Law," which predicted that the number of transistors in a dense integrate ...; Pedro Espinola Special Correspondent 2024.11.22

South Korea Launches First Autonomous Ship as Part of Ambitious Maritime Technology Initiative: SEOUL, South Korea – South Korea has made a significant stride in the field of autonomous shipping with the successful launc ...; KO YONG-CHUL Reporter 2024.11.21

HMM Introduces Two New LNG-Powered Container Ships: BUSAN, South Korea – HMM, a leading global shipping company, has announced the introduction of two new 7,700 TEU container s ...; Hwang Sujin Reporter 2024.11.21

South Korea's Public Pre-Sale Housing Scheme Faces Backlash as 75% of Applicants Back Out: Seoul, South Korea – A public pre-sale housing project in Uiwa, Gyeonggi Province, has faced a significant setback after a s ...; Hwang Sujin Reporter 2024.11.20

Microsoft Unveils AI Agents to Revolutionize Workplace Productivity: Chicago, USA – Microsoft has unveiled a suite of AI-powered agents designed to streamline and automate various tasks, markin ...; Desk 2024.11.20

Samsung Heavy Industries Receives Approval for Wind-Powered LNG Carrier: Seoul, South Korea – Samsung Heavy Industries announced today that it has received approval in principle (AIP) for a groundb ...; Hwang Sujin Reporter 2024.11.20

South Korea's Job Market Shifts: Older Workers Gain, Younger Generations Lose: Seoul, South Korea – South Korea's job market is undergoing significant changes, with younger generations facing increasing ...; Desk 2024.11.20

South Korea Delays Poultry Farming Reforms Amid Industry Pushback: Seoul, South Korea – South Korea has delayed the implementation of new regulations designed to improve the living conditions ...; KO YONG-CHUL Reporter 2024.11.20

Samsung C&T and Hyundai Engineering & Construction Vie for Hannam 4 Redevelopment Project: Seoul, South Korea – Samsung C&T and Hyundai Engineering & Construction, South Korea’s top two construction co ...; KO YONG-CHUL Reporter 2024.11.20

Dumaguete City to Host Series of Events to Boost Creative Industries: Dumaguete City, the capital of Negros Oriental province in the Philippines, is set to host a series of events aimed at upskilling ...; Eugenio Rodolfo Sanabria Reporter 2024.11.20

Paraguay Tightens Regulations on Biofuel Industry to Combat Illicit Activities: Asunción, Paraguay – The Paraguayan Congress has passed a new law aimed at cracking down on illegal activities within ...; KO YONG-CHUL Reporter 2024.11.20

Hyundai Unveils High-Performance Avante N TCR Edition, Bringing Race Track Technology to the Streets: Seoul, South Korea – Hyundai Motor has unveiled the highly anticipated Avante N TCR Edition, a limited-edition model that br ...; Desk 2024.11.18

South Korea's Housing Market Shows Mixed Signals in October: Seoul, South Korea – The Korean Real Estate Board's latest housing price index for October reveals a mixed bag of results. W ...; KO YONG-CHUL Reporter 2024.11.18

Sejong City Hosts Expo to Tackle Soaring Commercial Vacancy Rates: Sejong City, South Korea – In a bid to address its skyrocketing commercial vacancy rates, Sejong City is hosting a two-day e ...; Desk 2024.11.18

South Korea's Housing Guarantee Corporation Faces Mounting Losses Amidst Soaring Rent Deposit Defaults: Seoul, South Korea – The Housing & Urban Guarantee Corporation (HUG) is facing a mounting financial crisis as the number ...; Hwang Sujin Reporter 2024.11.18

Samsung Unveils Bespoke AI Combo at IFA 2024, Revolutionizing Laundry Experience: Berlin, Germany – Samsung Electronics, a global leader in consumer electronics, has introduced its innovative Bespoke AI Com ...; Ana Fernanda Reporter 2024.11.18

Cement Industry Faces Slump Amidst Construction Downturn: Seoul, South Korea – Despite entering the peak season for cement demand, major South Korean cement manufacturers are scaling ...; KO YONG-CHUL Reporter 2024.11.18

South Korea's Top 10 Construction Firms Face $14 Billion in Uncollected Payments: Seoul, South Korea – South Korea's ten largest construction companies are collectively grappling with a significant amount o ...; KO YONG-CHUL Reporter 2024.11.17

Kia Unveils EV3 Study Car, A Sustainable Experiment in Automotive Design: Seoul, South Korea – Kia Corporation, a leading global automaker, has unveiled its EV3 Study Car, an eco-friendly experiment ...; Graciela Maria Reporter 2024.11.17

Egypt Revives State-Owned Carmaker El-Nasr: Egyptian Prime Minister Mostafa Madbouly has stated that the revival of the decades-old state-owned carmaker, El-Nasr, showcases t ...; Graciela Maria Reporter 2024.11.17