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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British Ambassador Visits Hanwha Ocean: Boosting Synergies for Canada’s Submarine Project: (C) Defence Industry Europe SEOUL – In a significant move to bolster international defense cooperation, Colin Crooks, the B ...; KO YONG-CHUL Reporter 2026.02.28

Google Unveils ‘Nano Banana 2’: Pro-Level Image AI Now Free for All: (C) TechGig Google has officially leveled up the creative playing field. On February 26 (local time), the tech giant announced ...; Ana Fernanda Reporter 2026.02.27

Starbucks Korea Strikes Gold Again with ‘Baby Milo’ Reusable Cup Frenzy: (C) Bunjang Global SEOUL — The relentless power of the "Starbucks" brand, coupled with a savvy limited-edition collaborat ...; Hwang Sujin Reporter 2026.02.25

AMD Secures Massive $600 Billion AI Chip Deal with Meta; Includes Strategic Equity Partnership: (C) TipRanks Silicon Valley – Advanced Micro Devices (AMD) has announced a landmark agreement to supply Meta Platforms wi ...; Eugenio Rodolfo Sanabria Reporter 2026.02.25

S. Korea and Brazil Bolster Agricultural Ties: Redefining Food Security and Market Access: SEOUL – In a significant move to fortify global supply chains and expand market reach, South Korean Minister of Agriculture, ...; Kim Sungmoon Reporter 2026.02.23

President Lee Signals Imminent Relocation of HMM to Busan; Articles of Incorporation Revision Expected Next Month: The relocation of HMM, South Korea’s largest flagship carrier, to Busan has gained significant momentum following President ...; Kim Sungmoon Reporter 2026.02.21

SK Group Chairman Choi Tae-won Strengthens 'AI Alliance' with Silicon Valley Titans: (C) KMJ SEOUL/SAN JOSE – SK Group Chairman Choi Tae-won has concluded a high-stakes marathon of meetings with the leaders o ...; Eunsil Ju Reporter 2026.02.15

Samsung TV Plus Surpasses 100 Million Monthly Active Users, Solidifying Leadership in Global FAST Market: (C) SAMSUNG Newsroom SEOUL – Samsung Electronics announced on February 13, 2026, that its Free Ad-supported Streaming TV (F ...; Desk 2026.02.13

HJ Industries Lands First Mega-Container Ship Order Worth 353.2 Billion Won: (C) Shipping Watch HJ Shipbuilding & Construction (HJ Industries) has achieved a historic milestone by securing its first-e ...; Desk 2026.02.11

Korea to Expand Halal ‘Mutual Recognition’ to Pierce Global Muslim Markets: SEJONG — South Korea is ramping up diplomatic and administrative efforts to expand its network of Mutual Recognition Agreeme ...; HONG MOON HWA Senior Reporter 2026.02.10

Aero K: Redesigning the Nexus of South Korean Aviation: SEOUL — For decades, the South Korean aviation market has operated under a single, unspoken premise: international travel be ...; HONG MOON HWA Senior Reporter 2026.02.09

Shinsegae Department Store Hits Record 7.4 Trillion KRW in Sales, Driven by Strategic "Landmark" Investments: (C) Shinsegae Department Store SEOUL — Shinsegae Department Store has reached a historic milestone, reporting record-brea ...; Hee Chan Kim Reporter 2026.02.09

The Return of the King: Lee Soo-man to Relaunch K-Pop Career as Non-Compete Clause Expires: (C) Danmee SEOUL — The "Godfather of K-pop," Lee Soo-man, is officially ending his hiatus. Three years after his dramatic ...; Hwang Sujin Reporter 2026.02.03

Hankook Tire Joins Legal Battle for Tariff Refunds Ahead of U.S. Supreme Court Ruling: (C) Marketscreener As the U.S. Supreme Court has yet to rule on President Donald Trump’s country-specific tariffs, South ...; KO YONG-CHUL Reporter 2026.01.29

"Seaweed Buldak Stew Noodles" Craze Sweeps SNS, Triggering Nationwide Shortages and Resale Frenzy: (C) Buldak The South Korean food industry is witnessing an unprecedented surge in demand for specific instant food products, dr ...; Hwang Sujin Reporter 2026.01.25

“$3.20 for Coffee, 15 Cents for the Cup”: New Pricing Policy Leaves Café Owners Exhausted: (C) Live and Let's Fly SEOUL — “A Cafe Latte is 4,300 won, and there is a separate 200 won charge for the cup.&rdqu ...; Desk 2026.01.19

Trump Escalates Atlantic Tensions with ‘Greenland Tariffs’ Targeting European Allies: (C) Axios [NUKK, Greenland] – The geopolitical standoff over Greenland has spiraled into a full-blown trade war as U.S. P ...; Global Economic Times Reporter 2026.01.18

SK Chairman Choi Tae-won Calls for Radical Policy Shift to Reignite Korea's "Fading Growth Engine": (C) China Daily SEOUL – Choi Tae-won, Chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, has issue ...; Greace Nunez Correspondent 2026.01.18

Rockbridge Founder Visits Seoul, Emphasizes Korea’s "Decisive Role" in New U.S. Era: (C) News1 SEOUL – Christopher Buskirk, the co-founder of the influential American political network "Rockbridge Network," ...; Kim Sungmoon Reporter 2026.01.18

Taiwan Praises U.S. Tariff Deal: $500B Investment Targets Remain a Point of Contention: (C) The Hindu WASHINGTON D.C. / BEIJING – The Taiwanese government has expressed strong satisfaction with the conclusion ...; Global Economic Times Reporter 2026.01.16

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