Global Economic Times

2026.06.05 (Fri)
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Tesla and BYD Penetrate South Korea’s Stronghold as Domestic Auto Sales Stumble

SEOUL — South Korea’s once-impregnable domestic automotive market is facing a profound disruption. Long dominated by powerful homegrown giants, the local industry is witnessing an aggressi
SAMSUNG D AND LGD CLASH IN TAIWAN: THE BATTLE FOR NEXT-GEN GAMING OLED DOMINANCE

TAIPEI — South Korea’s leading display giants, Samsung Display and LG Display, are locked in a fierce technological battle in Taiwan, the heart of the global IT hardware industry. Ahead of

Online Automotive Trading Surges 155% in South Korea as Tesla Deliveries Accelerate E-Commerce Shift

SEOUL — South Korea's e-commerce market has achieved an unprecedented milestone, expanding its reach deep into heavy industrial consumer goods as automotive transactions spike. Driven primar

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Japanese Food Giants Eye Investment in Paraguay, Securing a Bridgehead into the South American Market: Tokyo, Japan – Representatives from House Foods Group and Vox Trading, leading companies in Japan's food industry, recently ...; Hwang Sujin Reporter 2025.05.28

BYD Enters Argentina, Latin America's Last Electrification Frontier!: Buenos Aires, Argentina – After years of stagnation with an electric vehicle (EV) market share hovering around 0.1%, a wind ...; Hwang Sujin Reporter 2025.05.28

Chicago Mercantile Exchange Soybean Prices Rise: Impact of Excessive Humidity in Argentina and the U.S. Midwest: Between May 16th and 22nd, soybean futures prices on the Chicago Board of Trade (CBOT) saw an upward trend. Soybean prices rose by ...; Graciela Maria Reporter 2025.05.28

Nestlé to Invest 500 Million Reais in Brazilian Nescafé Business: Strengthening Global Coffee Market Strategy: SÃO PAULO, Brazil – Nestlé, the global food and beverage giant, announced on May 27, 2025, its plan to invest ...; Ana Fernanda Reporter 2025.05.28

Generational Divide: MZ Generation Divided on Retirement Age Extension – Conflict Intensifies Among Public, Private Sector, and Freelance Youth: SEOUL, South Korea – As the extension of the retirement age and the four-and-a-half-day workweek emerged as hot-button labor ...; Kim Sungmoon Reporter 2025.05.27

Celltrion's Overseas Business Reshuffle Spotted: Argentina Subsidiary Liquidated, Focus Shifting to Southeast Asia?: Argentina – South Korean bio-pharmaceutical company Celltrion's recent liquidation of its local subsidiary in Argentina has ...; KO YONG-CHUL Reporter 2025.05.27

Argentina Government to Issue Up to $1 Billion in Bonds on International Market: Buenos Aires, Argentina – The Argentine government plans to issue up to $1 billion (approximately 1.38 trillion KRW) in fixe ...; ONLINE TEAM 2025.05.27

Telecom Argentina Successfully Issues $800 Million Bond: Buenos Aires, Argentina – Telecom Argentina, a leading telecommunications operator in Argentina, has successfully completed ...; Pedro Espinola Special Correspondent 2025.05.27

Paraguay Seeks to Strengthen Strategic Partnership with UAE, Securing Foothold in Middle East Market: Asuncion, Paraguay – Paraguayan President Santiago Peña held meetings with high-ranking officials from the United Ara ...; Greace Nunez Correspondent 2025.05.27

Aero K Launches First Regular International Flight from Cheongju to Qingdao: CHEONGJU, South Korea – Aero K Airlines (CEO Kang Byung-ho) officially inaugurated its new regular flight route from Cheongj ...; HONG MOON HWA Senior Reporter 2025.05.26

Incheon Poised to Host 24th World Korean Business Convention in 2026, Anticipates Significant Global Impact: Incheon, South Korea – Incheon Metropolitan City has formally initiated preparations for the 24th World Korean Business Conv ...; KO YONG-CHUL Reporter 2025.05.25

6th Incheon International Ocean Forum: A Beacon for Maritime Industry Revival: INCHEON – The 6th Incheon International Ocean Forum (IIOF 2025), a pivotal event for the global maritime community, is set t ...; Hwang Sujin Reporter 2025.05.25

Incheon to Host Job Fair for People with Disabilities on May 27th: Incheon, South Korea – The city of Incheon announced today, May 25th, that it will host the 'Incheon Job Fair for People wit ...; KO YONG-CHUL Reporter 2025.05.25

Incheon Rises to Second Nationwide in Welfare Worker Compensation Adherence: Incheon, South Korea – In a significant stride towards enhancing the welfare and working conditions of its social welfare fa ...; KO YONG-CHUL Reporter 2025.05.25

Bucheon City Legalizes A-Frame Sign Installation with New Ordinance: BUCHEON CITY – Bucheon City announced on the 20th that it has established detailed installation guidelines for A-frame signs ...; Hwang Sujin Reporter 2025.05.25

Bucheon City Accelerates Youth Job Creation Through Collaborative Partnerships: BUCHEON, May 20 – The Bucheon Il Dream Center announced today that it signed a memorandum of understanding (MOU) on May 16 w ...; Hwang Sujin Reporter 2025.05.25

Buc-ee's Set to Open First North Carolina Location, Bringing Texas-Sized Travel Center Experience to Mebane: Mebane, North Carolina – Buc-ee's, the Texas-based travel center chain with a near-cult following, is making its highly anti ...; Ana Fernanda Reporter 2025.05.25

Trump Threatens Broad Tariffs on Foreign-Made Smartphones, Including Samsung: WASHINGTON D.C. - In a significant escalation of his "America First" trade agenda, U.S. President Donald Trump announced on Friday ...; Eunsil Ju Reporter 2025.05.24

Nissan Considers Selling Headquarters Amidst Deepening Financial Woes: YOKOHAMA, Japan – Nissan Motor Co. is reportedly weighing the sale of its global headquarters building in Yokohama, Kanagawa ...; Desk 2025.05.24

Paraguayan Medical Association Calls for Immediate Succession of Education Minister to CONES Leadership: ASUNCIÓN, Paraguay – The Paraguayan Medical Association (Círculo Paraguayo de Médicos) has formally req ...; Greace Nunez Correspondent 2025.05.24