Global Economic Times

2026.01.02 (Fri)
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HD Hyundai Launches Unified Construction Equipment Entity, Aiming for ₩15 Trillion Revenue by 2030: (C) HD Hyundai ULSAN — HD Hyundai officially launched its unified construction equipment corporation, HD Construction Equip ...; Hee Chan Kim 2026.01.02

BYD Overtakes Tesla to Claim Top Spot in Global EV Market for 2025: (C) Jordan Times SHENZHEN – Chinese automaker BYD Co. has officially surpassed Tesla Inc. in annual sales volume, marking ...; Greace Nunez 2026.01.02

Coupang’s $35 Compensation Under Fire: Does It Underestimate the Value of Personal Data?: SEOUL – Coupang, the e-commerce giant, recently unveiled a compensation plan offering vouchers worth 50,000 KRW (approximate ...; KO YONG-CHUL 2026.01.02

Will Highway Rest Area Food Prices Drop in the New Year?: (C) Fishing Camping Tour SEOUL — As the South Korean government moves to regain control over highway rest area operations t ...; Min Gyu Mi 2026.01.02

S. Korea to Offer Up to KRW 6.8 Million in EV Subsidies, Adding Incentives for Internal Combustion Engine Trade-ins: (C) IEEFA SEOUL — The Ministry of Climate, Energy and Environment announced on January 1 the "2026 Electric Vehicle Subsidy ...; Shin Yeju 2026.01.02

Seoul Apartment Prices Hit 19-Year High in 2025, Surpassing Previous Peak: Seoul apartment prices surged by 8.71% in 2025, marking the sharpest annual increase in 19 years and exceeding the previous peaks ...; Yim Kwangsoo 2026.01.02

Free-Floating Planet Discovery: A Saturn-Mass Rogue World Found 10,000 Light-Years Away: (C) Phys.org DAEJEON – An international team of astronomers has discovered a "rogue planet"—a world drifting through ...; Graciela Maria 2026.01.02

France Revolutions the ‘Method of Movement’ in the Digital Era: From Ownership to Managed Assets: (C) Platerm PARIS – As the global automotive industry undergoes a seismic shift toward electrification and digitalization, ...; KO YONG-CHUL 2026.01.02

Coupang Executive Testifies NIS Directed Overseas Confrontation to Recover Leaked Data: SEOUL – A senior executive from Coupang, South Korea’s e-commerce giant, testified before the National Assembly on Thu ...; KO YONG-CHUL 2026.01.02

Pope Leo XIV Congratulates Daejeon’s Sungsimdang Bakery on 70th Anniversary: (C) CAFOD DAEJEON — Pope Leo XIV has extended his heartfelt congratulations to Sungsimdang, a historic bakery based in Daej ...; HONG MOON HWA 2026.01.02

Indonesia Implements Controversial Penal Code: Prison for Insulting President and Extramarital Sex: (C) FULCRUM JAKARTA – A sweeping and contentious revision of Indonesia’s criminal code officially takes effect today, ...; Eugenio Rodolfo Sanabria 2026.01.02

Basic Pension Eligibility Threshold Raised to 2.47 Million Won for Single Senior Households: (C) BORGEN Magazine SEOUL – The Ministry of Health and Welfare announced on January 1, 2026, that the income eligibility th ...; Kim Sungmoon 2026.01.02

S. Korea to Showcase Largest-Ever Unified Pavilion at CES 2026, Deploying ‘One-Team’ Export Strategy: CES 2026: The World's Largest Stage for Innovation (C) Eidetic Marketing LAS VEGAS — South Korea is set to make its most si ...; Sharon Yoon 2026.01.02

Bain Capital to Acquire Andar Parent Echo Marketing, Launching Tender Offer for Delisting: SEOUL — Bain Capital, a leading global private equity firm, is set to acquire Echo Marketing, a KOSDAQ-listed digital market ...; Global Economic Times 2026.01.02

Musinsa Issues ₩50,000 Coupon Pack to All Users, Eyes Rival Coupang’s Recent Missteps: (C) Musinsa SEOUL — Fashion e-commerce giant Musinsa has announced a large-scale promotional event, providing a ₩50,000 cou ...; Hwang Sujin 2026.01.02

OpenAI Sets New Record with $1.5 Million Stock Compensation Per Employee: (C) NewsBytes SAN FRANCISCO – OpenAI, the creator of ChatGPT, has set a new benchmark in Silicon Valley by granting its emp ...; Eunsil Ju 2026.01.02

New Year’s Day Explosion at Swiss Ski Resort Leaves at Least 40 Dead: (C) Liverpool Echo CRANS-MONTANA, Switzerland – A devastating explosion and subsequent fire tore through a crowded bar in t ...; Global Economic Times 2026.01.02

Samsung to Freeze Galaxy S26 Prices Despite Surging Production Costs: SEOUL — Samsung Electronics has reportedly decided to freeze the launch prices of its upcoming flagship smartphone series, t ...; KO YONG-CHUL 2026.01.02

Park Sung-hyuk, Former Cheil Worldwide VP, Appointed as CEO of Korea Tourism Organization: (C) The Ministry of Culture, Sports and Tourism SEOUL – The Ministry of Culture, Sports and Tourism announced on Wednesday ...; Global Economic Times 2026.01.01

PyeongChang Silver Medalist Kim Bo-reum Announces Retirement: "I Want to Be Remembered as an Athlete Who Never Gave Up": (C) News.com.au SEOUL – Kim Bo-reum (32, Gangwon Provincial Office), the long-standing face of South Korean long-track spee ...; Hwang Sujin 2026.01.01

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