Global Economic Times

2026.07.22 (Wed)
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KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

JEJU ISLAND — Artificial Intelligence will serve as a revolutionary starting line for those who leap onto its wave early, but it will morph into an insurmountable wall for those who stand aside.
Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Hyundai Motor Group is set to secure a 100% ownership stake in its U.S.-based robotics subsidiary, Boston Dynamics. The South Korean automotive and technology conglomerate announced on July 16 that it

Google Unveils ‘Full-Stack AI’ Strategy to Accelerate AI Transformation for South Korean Enterprises

SEOUL — Google has officially unveiled its comprehensive "Full-Stack AI Strategy" customized to support and fast-track the artificial intelligence transformation (AX) of South Korean

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Tesla's India Debut Stumbles, Raising Concerns About Global Growth: NEW DELHI—Tesla's highly anticipated entry into the Indian market appears to be off to a sluggish start, with the company re ...; Graciela Maria Reporter 2025.09.02

Foreign Investors Shift Strategy: Selling Samsung Electronics, Buying Kakao and Hyundai Motor: SEOUL – Foreign investors have shifted their strategy in the South Korean stock market, turning to a net-sell position on th ...; Graciela Maria Reporter 2025.09.01

EU Achieves Historic Trade Surplus with Russia Amid Sanctions: BRUSSELS — The European Union has recorded a trade surplus with Russia for the first time on record, a historic reversal of ...; Eugenio Rodolfo Sanabria Reporter 2025.09.01

South Korean Duty-Free Sales Plummet Despite Tourism Boom: Seoul, South Korea — South Korea's duty-free industry faces a major downturn as per-person spending by foreign tourists shar ...; KO YONG-CHUL Reporter 2025.09.01

NVIDIA's Strong Q2 Earnings Beat Market Expectations, Fueled by AI Growth: SAN FRANCISCO — AI powerhouse NVIDIA announced on August 27 that its second-quarter (May-July) revenue and earnings per shar ...; Global Economic Times Reporter 2025.08.28

Hyundai Motor Group Announces $5 Billion Surge in US Investment: SEOUL—Hyundai Motor Group has announced an additional $5 billion (approximately ₩7 trillion) investment in the United States ...; KO YONG-CHUL Reporter 2025.08.26

U.S. Government Acquires Controlling Stake in Intel, Signaling New Era of State-Corporate Alliance: WASHINGTON, D.C. — In a dramatic shift in economic policy, the United States government has taken a 10% ownership stake in I ...; Ana Fernanda Reporter 2025.08.23

New Low-Cost Air Route: Asunción-Rio de Janeiro Launched: ASUNCIÓN — The low-cost airline JetSMART has announced the launch of a new direct route connecting Asunción, t ...; Hwang Sujin Reporter 2025.08.22

Paraguayan Chamber of Commerce and Services Unveils New Economic Forecast Indicator: The Paraguayan Chamber of Commerce and Services (CNCSP) is introducing a new tool to gauge the future of the economy. Set to be re ...; Yim Kwangsoo Correspondent 2025.08.22

From Korean Farms to Dubai Tables: A Royal Endorsement Spurs New Culinary Chapter for Hanwoo Beef: Seoul—A new era of culinary diplomacy is underway as Korea’s esteemed Hoengseong Hanwoo beef prepares for its grand de ...; LEE YEON SIL Reporter 2025.08.21

"Salam Seoul Restaurant": A Restaurant Guide for Muslims traveling in Seoul: Among the problems Muslims face when traveling to non-Islamic countries in East Asia such as Korea, Japan, China, and Taiwan, the ...; LEE YEON SIL Reporter 2025.08.21

"DHL Express Boosts Indonesian Logistics with Strategic Bandung Relocation": BANDUNG, INDONESIA — In a significant move aimed at strengthening its logistics network in Southeast Asia’s largest ec ...; Graciela Maria Reporter 2025.08.21

Korea and Vietnam Forge Deeper Ties: A New Era of SME Collaboration: SEOUL — Amidst a landmark state visit by Vietnamese General Secretary To Lam, a powerful and forward-looking proposal was pu ...; KO YONG-CHUL Reporter 2025.08.20

K-Stationery's Global Leap: Tokyo Fair Unveils a New Chapter: TOKYO – In a powerful display of cultural and commercial diplomacy, K-stationery made a landmark showing at the 36th Interna ...; Desk 2025.08.20

Large-Scale Marts Under Fire for Deceptive Use of Government Vouchers: SEOUL—In a practice that has ignited outrage among small business owners, a growing number of large-scale food ingredient ma ...; Hwang Sujin Reporter 2025.08.20

"Busan Marine Industry Leaders Converge to Chart a Course for the 'AX' Revolution": BUSAN – In a landmark event marking a pivotal shift for the maritime sector, the Busan Marine Equipment Association (BMEA) c ...; KO YONG-CHUL Reporter 2025.08.20

Yanolja Wins Gold for 'Innovative Tech' at International Business Awards: Yanolja, a leading global travel tech company, announced on Monday that it has won the Gold Stevie® Award for "Most Innovative ...; Desk 2025.08.18

Lotteria Opens First U.S. Store in California, Bringing 'K-Burgers' to the States: SEOUL—Lotteria, a popular South Korean burger chain operated by Lotte GRS, has officially entered the United States market, ...; Eunsil Ju Reporter 2025.08.18

Nongshim's Wasabi Saewookkang Sells 1.8 Million Bags in Two Weeks, Surpassing Meoktaekkang: SEOUL — Nongshim's new snack, Wasabi Saewookkang, has become an instant hit, selling over 1.8 million bags within just two w ...; Hwang Sujin Reporter 2025.08.18

Coupang Launches Back-to-School 'Stationery and Art Festival' with Discounts Up to 80%: SEOUL – Coupang announced on Monday the launch of its "Stationery and Art Festival," a special promotion running until Augus ...; Hwang Sujin Reporter 2025.08.18