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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Paju's Heyri Art Village Blossoms with Local Food Market 'Sunshine Market': PAJU, GYEONGGI PROVINCE – Paju City is fostering vibrant connections between local farmers and residents while promoting the ...; Hwang Sujin Reporter 2025.05.10

Paju City Recognized as 'Top Excellent Municipality' in Food Culture Improvement, Awarded Prime Minister's Commendation: Gyeonggi Province's Paju City was honored with the Prime Minister's Commendation, the highest award in the food culture improvemen ...; Hwang Sujin Reporter 2025.05.10

Sancheong County Offers Month-Long Retreat in Pristine Jirisan Mountains: SANCHEONG, South Korea – Nestled in the embrace of the majestic Jirisan National Park, Sancheong County in Gyeongsangnam Pro ...; Hwang Sujin Reporter 2025.05.10

Rare Family of 70-Year-Old Wild Ginseng Worth $130,000 Discovered in Jirisan National Park: A stunning discovery in the rugged terrain of Jirisan National Park has captivated the attention of herbal medicine enthusiasts an ...; KO YONG-CHUL Reporter 2025.05.10

South Korea and Saudi Arabia Leap Beyond Energy into Digital and Future Industries: Seoul, South Korea - South Korea and Saudi Arabia, a Middle Eastern economic powerhouse and a key source of energy for the former, ...; Hwang Sujin Reporter 2025.05.10

Korean Consulate General in Sydney Hosts Successful Job and Safety Fair for 2025 Working Holiday Participants: Sydney, Australia - The Korean Consulate General in Sydney announced the successful hosting of its "2025 Australia Working Holiday ...; Hwang Sujin Reporter 2025.05.10

Samsung Bespoke AI Combo Washer/Dryer and OLED TV Sweep Australia's Top Innovation Awards, Proving Global Tech Prowess: SEOUL, South Korea – Samsung Electronics' groundbreaking home appliances, the Bespoke AI Combo all-in-one washer and dryer a ...; Desk 2025.05.10

Korea Forest Service Showcases Eco-Friendly Wood and Technology at Australian Expo, Securing Potential $21.2 Million in Exports: SYDNEY, AUSTRALIA – The Korea Forest Service (KFS), in collaboration with the Korea Forestry Promotion Institute, successful ...; KO YONG-CHUL Reporter 2025.05.10

South Chungcheong Governor Kim Tae-heum Actively Promotes Carbon Neutrality: Singapore – Governor Kim Tae-heum of South Chungcheong Province, currently in Singapore to attend the Asia Climate Action Su ...; KO YONG-CHUL Reporter 2025.05.09

Chungcheongnam-do Province Recognized for Innovative Marine Leisure Tourism Strategy, Pioneering Sustainable Coastal Development: Seoul, South Korea – Chungcheongnam-do Province has been lauded for its forward-thinking approach to marine leisure tourism, ...; KO YONG-CHUL Reporter 2025.05.09

China Flexes Rare Earth Muscle Ahead of Key US Talks, Prices Skyrocket Amid Export Curbs: Beijing – As high-stakes diplomatic engagements loom, China appears to be leveraging its dominance in the critical rare eart ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09

Kolon Mobility Group Rides Premium Demand to Soar in Q1 Profits Amidst Economic Headwinds: Seoul, South Korea – Kolon Mobility Group, a prominent South Korean automotive conglomerate specializing in the distribution ...; Desk 2025.05.09

Ford Increases Prices of Mexico-Made Vehicles, Amplifying Concerns of Ripple Effects in the Auto Market Due to Trump Tariffs: U.S. automaker Ford has increased prices on key models produced in Mexico due to the impact of the import tariff policy imposed by ...; Eunsil Ju Reporter 2025.05.09

Lotte to Host ‘Korea Brand Expo’ in Paris… Laying a Bridgehead for Entry into the European Market: Lotte Group, in collaboration with the Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Foundation for Cooperation of ...; Greace Nunez Correspondent 2025.05.09

BBH Singapore Unveils Global Campaign Highlighting Samsung Galaxy S25 Ultra + Google Gemini's Everyday Problem-Solving Capabilities: Global advertising agency BBH Singapore, in collaboration with Samsung Electronics, has launched a new global campaign showcasing ...; Hwang Sujin Reporter 2025.05.09

Singapore-Based Impact Investment Platform Co-Axis Secures KRW 1 Billion Investment to Support Climate and Health Solutions in Asia: Singapore-based impact investment marketplace Co-Axis recently announced that it has attracted approximately SGD 1.25 million (USD ...; Yim Kwangsoo Correspondent 2025.05.09

Taiwanese Small and Medium-Sized Auto Parts Suppliers Shaken by Exchange Rate Volatility: Amidst the recent sharp volatility of the New Taiwan Dollar exchange rate, which is amplifying uncertainty across financial market ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09

Paraguay to Grandly Celebrate 'Paraguay Day' at the 2025 Osaka Expo, Highlighting Culture and Economic Potential: ASUNCIÓN – Paraguay is set to showcase its rich culture and boundless potential to the world by celebrating a special ...; Greace Nunez Correspondent 2025.05.09

Hyatt Announces Luxury Hotel ‘Casa Duhau’ in Mendoza, Argentina, a Mixed-Use Development with Winery and Residences: Hyatt Hotels Corporation (NYSE: H), a leading global hotel chain, has announced its collaboration with the Scalesciani family, own ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09