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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KT Faces Mass Exodus: 6,000 Subscribers Jump Ship on First Day of Penalty Waiver: (C) KT SEOUL — KT Corporation is witnessing a significant wave of customer departures following its decision to waive contr ...; Hwang Sujin Reporter 2026.01.01

Samsung Electronics’ Semiconductor Division Sees Bonus Surge to 48% of Annual Salary: SEOUL – Samsung Electronics announced its estimated year-end performance incentives for 2025 on Tuesday, revealing a dramati ...; JEONG CHAN MYEONG Senior Reporter 2025.12.30

Hyundai Motor Casts Doubt on Russian Plant Reacquisition as Buyback Deadline Looms: (C) Autostat SEOUL — Hyundai Motor Company has reportedly indicated that a reacquisition of its former manufacturing facili ...; KO YONG-CHUL Reporter 2025.12.30

SoftBank to Acquire AI Infrastructure Giant DigitalBridge in $4 Billion Deal: (C) Anadolu Ajanci SAN FRANCISCO – SoftBank Group, led by billionaire founder Masayoshi Son, has reached an agreement to ac ...; Hannah Yeh Reporter 2025.12.30

Euisun Chung’s ‘Innovative Leadership’ Proven by String of Guinness World Records: (C) Automotive News SEOUL — Hyundai Motor Group is solidifying its position as a global innovation leader by consistently s ...; Desk 2025.12.29

SMEC Counters SNT Group’s Hostile M&A Attempt with Treasury Stock Strategy: SEOUL — SMEC, a prominent South Korean machine tool manufacturer, has launched a formal counteroffensive against a hostile t ...; Hwang Sujin Reporter 2025.12.27

The Kimchi Crisis: Climate Change and the Battle for South Korea's Culinary Soul: (C) The Guardian SEOUL — South Korea, the birthplace of kimchi, is facing a profound industrial and cultural crisis. As ext ...; KO YONG-CHUL Reporter 2025.12.25

KOTRA Signs KRW 500 Billion G2G Export Contract for 'Chunmoo' with Estonia: (C) KOTRA The South Korean multiple launch rocket system (MLRS), 'Chunmoo,' is being exported to the Baltic nation of Estonia for ...; KO YONG-CHUL Reporter 2025.12.25

Nongshim's Shin Ramyun Hits 130M Views with aespa, Solidifying Status as a Global Cultural Icon: (C) PR Newswire SEOUL — Nongshim announced today that its global advertising campaign for "Shin Ramyun," featuring the K-po ...; Shin Yeju 2025.12.24

GS25 Retains Operating Rights for "Gold Mine" Convenience Stores at Jamsil Baseball Stadium: (C) Visit Seoul GS25 has been named the preferred bidder for the operation of convenience stores at Jamsil Baseball Stadium in ...; Min Gyu Mi Reporter 2025.12.19

Doosan Group Chosen as Preferred Bidder for SK Siltron in Multi-Billion Dollar Deal: (C) KED Global SEOUL – In a move that signals a massive shift in the South Korean semiconductor landscape, Doosan Group has ...; Desk 2025.12.18

K-Consumables Pop-up Strategy Targets Central Japan Distribution Hub, K-Beauty Popularity Spreading: (C) KOTRA The Korea Trade-Investment Promotion Agency (KOTRA, President Kang Kyeong-seong) held the "Directly Experiencing K-Be ...; KO YONG-CHUL Reporter 2025.12.16

South Korea Launches $115 Million Export Voucher Program to Boost SME Global Reach: SEOUL — South Korea's Ministry of SMEs and Startups (MSS) is accelerating its support for small and medium-sized enterprises ...; Global Economic Times Reporter 2025.12.15

International Organizations Raise China's Growth Forecasts, Citing Stimulus and Exports: (C) Global TImesSeveral major international financial institutions, including the World Bank (WB) and the International Monetary F ...; Global Economic Times Reporter 2025.12.11

South Korea's Rail Consolidation vs. Global Trend of Competition and Service Quality: (C) PixabayThe South Korean government's announcement to integrate the state-owned Korea Railroad Corporation (KORAIL) and SR, a h ...; Global Economic Times Reporter 2025.12.09

Netflix Acquires Warner Bros. in $72 Billion Deal, Reshaping Global Content Landscape: SAN FRANCISCO / BURBANK – In a seismic shift poised to redefine the global entertainment industry, Netflix has struck an aud ...; Ana Fernanda Reporter 2025.12.06

Canada Courts 'K-Industry': Seeking to Strengthen Alliances in Minerals and EVs Beyond 60 Trillion Won Submarine Project: (C) Nation Talk Canadian Minister of Industry, Mélanie Joly, concluded her three-day visit to Korea by strongly declarin ...; KO YONG-CHUL Reporter 2025.11.28

Travel Light, Fly Warm: Korean Air and Asiana Launch Coatroom Service for Winter Travelers: SEOUL – As the cold grip of winter settles over Korea, making travel to warmer climes all the more appealing, the nation&rsq ...; Global Economic Times Reporter 2025.11.26

White House Clarifies Trump’s "Nuanced" Stance on Foreign Workers: Temporary Skill for Permanent American Jobs: (C) ADWEEK WASHINGTON D.C. — The White House has stepped forward to clarify President Donald Trump's "nuanced and common- ...; KO YONG-CHUL Reporter 2025.11.25

South Africa G20 Linkage: One Month Focus on Africa Entry as the Next-Generation Growth Engine: The Ministry of Trade, Industry and Energy (referred to hereafter as MOTIE, Minister Kim Jeong-gwan) and the Korea Trade-Investmen ...; Global Economic Times Reporter 2025.11.25

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