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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South Korea Proposes Trade Partnership Agreement with Brazil: Strategy to Diversify Trade Risks Amid US-China Tensions: Amidst escalating trade tensions between the United States and China, the South Korean government is seeking to strengthen trade c ...; Desk 2025.04.15

Controversy Surrounds Federal Drug Discount Program 340B, Demands for Enhanced Transparency Intensify: INDIANAPOLIS – The federal government's 340B drug price reduction program has recently emerged as a hot topic in the U.S. le ...; Hannah Yeh Reporter 2025.04.15

Over 140 Workers at Caesars Southern Indiana Hotel & Casino Strike Demanding Wage and Retirement Benefit Increases: ELIZABETH, IN — Over 140 employees at Caesars Southern Indiana Hotel & Casino went on strike last Monday, according to T ...; Ana Fernanda Reporter 2025.04.15

Louisiana Launches Pilot Program to Incentivize Healthy Food Purchases for SNAP Recipients: WEST CARROLL PARISH, La. (KNOE) - Louisiana has launched a pilot program aimed at encouraging Supplemental Nutrition Assistance Pr ...; Graciela Maria Reporter 2025.04.15

Paraguayan Finance Ministry Union Demands 69% Pay Raise: Asunción, Paraguay – The Professional Civil Servants Union of the Ministry of Finance and Economy (Siprufomef-DNIT) r ...; KO YONG-CHUL Reporter 2025.04.15

K-Wave Continues to Reshape Philippine Beauty Landscape: K-Beauty Dominates Amidst Growing Local Competition: Manila, Philippines – The enduring global fascination with Korean beauty (K-beauty) continues to exert a powerful influence ...; Kim Sungmoon Reporter 2025.04.15

Argentina Nationwide General Strike Over Public Spending Cuts Causes Major Transportation Disruptions: A nationwide general strike protesting the government's public spending cuts has brought Argentina to a standstill, severely disru ...; Graciela Maria Reporter 2025.04.14

Argentina Eases Strict Currency Controls Under $20 Billion IMF Loan Terms, Increasing Pressure on Milei's Economic Recovery Plan: Argentina has agreed to ease its long-standing strict currency controls as a condition for receiving a $20 billion loan from the I ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Argentina Lifts Currency Controls: A "Bold Gamble" Amid Economic Instability: Argentine President Javier Milei's decision to lift currency controls after securing billions of dollars in loans from the Interna ...; Graciela Maria Reporter 2025.04.14

Petrobras Weighs Participation in India's Deep-Sea Oilfield Development Bidding; Conducting In-depth Analysis: Brazil's state-owned oil company, Petrobras, is carefully considering the opportunity to participate in the oilfield block auction ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Brazil: Conflict Intensifies Over Motorcycle Ride-Hailing Services... Legal Battles Erupt Amidst Driver Safety and Regulation Debates: Brazil, with a population of over 211 million, is Latin America's largest ride-hailing market, and two-wheeled vehicles play a cru ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Cuba Freezes Foreign Companies' Deposits, Investment Environment Plunges to 'Worst': The Cuban authorities have triggered widespread repercussions by recently informing several foreign companies that they can no lon ...; Sharon Yoon Correspondent 2025.04.14

Paraguay's Holy Week Sees Domestic Tourism Boom, Rural Lodging Reaches Over 70% Occupancy: Holy Week in Paraguay is one of the peak seasons for domestic tourism, and this year is no exception, with rural tourist accommoda ...; Pedro Espinola Special Correspondent 2025.04.14

Banco Basa, First in Paraguay to Launch AFD's 'Procampo Verde' Sustainable Agriculture Loans: Banco Basa has solidified its commitment to the sustainable development of Paraguay's agricultural sector by achieving the distinc ...; Graciela Maria Reporter 2025.04.14

Taiwan Cracks Down on Illegal Accommodations, Collects Over NT$20 Million in Fines in Three Months: According to data released by the Taiwan Tourism Administration, a focused inspection of 3,364 illegally operating hotels and bed ...; Ana Fernanda Reporter 2025.04.14

Soaring Prices Empty Wallets at Convenience Stores: Consumers Flock to Affordable Private Brands: Seoul, South Korea – Kim (38), a resident of Seongbuk-gu, Seoul, recently experienced a moment of dismay during a routine vi ...; Desk 2025.04.14

"Big 3" Luxury Brands Achieve Record Sales in South Korea Amid Price Hikes: The so-called "Big 3" luxury brands – Hermès, Louis Vuitton, and Chanel – have collectively achieved their high ...; Hwang Sujin Reporter 2025.04.14

Hyundai and Kia Achieve Record First Quarter Sales in India's Booming Auto Market: New Delhi, India – South Korean automotive giants Hyundai Motor Company and Kia Corporation have recorded their highest-ever ...; KO YONG-CHUL Reporter 2025.04.14

Korean Restaurant Thrives Near SK Battery Plant, Sparking Economic Revival in Commerce, Georgia: Just a five-minute drive from the sprawling SK Battery America (SKBA) plant in Commerce, Jackson County, Georgia, sits a single Ko ...; Yim Kwangsoo Correspondent 2025.04.14

Korean "West Ants" Weather Market Storm: Tech Stock Holdings Shrink Amid Trade Tensions, Yet Bargain Hunting Persists: SEOUL, South Korea – Korean individual investors, dubbed "West Ants" for their penchant for investing in overseas equities, ...; KO YONG-CHUL Reporter 2025.04.14