Global Economic Times

2025.10.23 (Thu)
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US-China Tariff War Escalates to AI Semiconductor Battle; US Restricts Exports of Even Low-End Nvidia Chips to China: The protracted and increasingly acrimonious trade dispute between the United States and China has taken a significant and potentia ...; Desk 2025.04.16

Echoes of the Past: Trump's Trade War with China Mirrors 1980s US-Japan Tensions: The specter of past trade conflicts looms large as the United States, under a potential second Trump administration, appears poise ...; KO YONG-CHUL 2025.04.16

U.S.-Bound Maritime Export Costs Continue Downward Trend Amid Lingering Tariff Effects and Shifting Global Trade Dynamics: Maritime shipping costs for exports originating from South Korea and destined for the United States have registered a decline for ...; Eunsil Ju 2025.04.16

OpenAI Unleashes GPT-4.1, Bolstering AI Capabilities with Enhanced Coding and Contextual Understanding: San Francisco, CA – OpenAI, a leading force in artificial intelligence research and deployment, has announced the release of ...; Sharon Yoon 2025.04.16

LG CNS and Google Cloud Forge Alliance to Target Global AI Transformation Market, Including Healthcare and Biotech: LG CNS has joined forces with Google Cloud to aggressively target the global Artificial Intelligence Transformation (AX) market, w ...; KO YONG-CHUL 2025.04.16

US Scrutiny of Pharmaceutical Imports Under National Security Clause Triggers Proactive Measures from South Korean Biopharmaceutical Sector: The United States government's initiation of an investigation into the imposition of tariffs on imported pharmaceuticals has galva ...; Hannah Yeh 2025.04.16

US Mulls Hefty Port Fees on Chinese Vessels as Beijing's Bulk Carrier Orders Plummet: The escalating trade tensions between the United States and China have extended to the maritime sector, with the U.S. government a ...; Eugenio Rodolfo Sanabria 2025.04.16

GM Korea Boosts Production in Bupyeong Amidst U.S. Tariff Uncertainty, Signaling Continued Strategic Importance: In a move interpreted as a strong affirmation of South Korea's pivotal role in its global manufacturing strategy, General Motors ( ...; Min Gyu Mi 2025.04.16

LG Kicks Off Nationwide ‘AI Lab on Wheels’ Initiative to Cultivate Next-Generation Tech Talent: LG Corporation, a prominent South Korean multinational conglomerate, has officially launched its ‘AI Lab on Wheels’ pr ...; Yim Kwangsoo 2025.04.16

U.S. Tariffs Poised to Elevate Costs, Presenting a Strategic Advantage for South Korean Industries: Seoul – The imposition of tariffs by the United States is projected to significantly inflate the expenses associated with th ...; Yim Kwangsoo 2025.04.16

Hana Bank Hit by Massive ₩35 Billion Fraud, Raising Concerns Over Banking Sector's Internal Controls: Seoul, South Korea – Hana Bank, one of South Korea's leading commercial banks, disclosed a significant financial incident am ...; Hwang Sujin 2025.04.16

South Korean Financial Regulator Intensifies Efforts to Enhance Accessibility for Disabled Individuals: In a proactive move to foster a more inclusive financial landscape, South Korean financial authorities, led by the Financial Servi ...; Kim Sungmoon 2025.04.16

Won's Weak Rebound Amid Dollar's Slide Signals Deeper Economic Woes Stemming from Trade Tensions: While the U.S. dollar has experienced a significant depreciation of nearly 10% against a cohort of major global currencies, the So ...; Hwang Sujin 2025.04.16

Indian Equities Emerge as a Haven Amidst US-China Trade Tensions and Global Market Volatility: As the protracted trade dispute between the United States and China injects a significant degree of uncertainty into global financ ...; Eugenio Rodolfo Sanabria 2025.04.16

Mandatory Closures of Big-Box Retailers in South Korea: Thirteen Years On, Little Respite for Traditional Markets: Thirteen years have elapsed since South Korea implemented a mandatory closure system for large-scale retailers, primarily hypermar ...; Hwang Sujin 2025.04.16

Bleak Outlook Persists: International Bodies Foresee Sub-2% Growth for South Korean Economy Amid Lingering Political Instability: Concerns surrounding the trajectory of the South Korean economy continue to mount as another prominent international organization ...; Kim Sungmoon 2025.04.16

Orion Accelerates Global Market Expansion with New Production Hubs in Korea, Russia, and Vietnam: Orion Corp., a leading South Korean confectionery and snack manufacturer, is significantly bolstering its global production capaci ...; KO YONG-CHUL 2025.04.16

Nvidia Unveils Ambitious $500 Billion U.S. AI Hardware Manufacturing Initiative in Strategic Alliance with Taiwanese Giants: In a landmark announcement signaling a significant realignment of the global technology supply chain, American artificial intellig ...; KO YONG-CHUL 2025.04.16

Hyundai Motor Group's Georgia Metaplant Accelerates Production, Bolstering Tariff Resilience: Hyundai Motor Group's Hyundai Motor Group Metaplant America (HMGMA), situated in the state of Georgia, has demonstrably amplified ...; Eunsil Ju 2025.04.16

Trump Administration's Renewed Export Curbs on Nvidia's H20 Chip Send Shockwaves Through Stock Markets: The escalating tensions in the US-China trade war have taken a fresh toll on the technology sector, as the Trump administration ha ...; Desk 2025.04.16