Global Economic Times

2026.03.07 (Sat)
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Luckin Coffee Shakes Up Global Market with Blue Bottle Acquisition

(C) The Business Times SHANGHAI – In a move that signals a tectonic shift in the global beverage landscape, Luckin Coffee, through its lead investor Centurium Capital, has officially acquired
Global Korean Business Leaders Gather in Seoul… World OKTA to Hold ‘Export Exhibition’ with 1,200 Buyers

(c) World OKTA The World Federation of Overseas Korean Traders Associations (Chairman Park Jong-bum, hereinafter referred to as World OKTA) will hold a large-scale global economic event in Gangseo,

South Korea’s Daily Exports Hit Record $3.5B as AI Semiconductor Boom Fuels 13th Month of Surplus

(C) Invesmentgruindia.com SEOUL – South Korea’s export engine is firing on all cylinders, driven by a global "AI Supercycle" that has pushed trade figures to historic height

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Korean Government to Streamline Customs Administration for Better FTA Utilization: The Korean government is pushing forward with a new customs administration strategy to boost the utilization of Free Trade Agreeme ...; KO YONG-CHUL Reporter 2025.02.24

SK Hynix to Finalize Acquisition of Intel's NAND Business in March: SK Hynix (000660) will complete its acquisition of Intel's NAND business next month, taking full control of the operations. After ...; KO YONG-CHUL Reporter 2025.02.23

Paraguay Seeks New Bond Issuance in Dollars and Guarani, Capitalizing on Credit Rating Upgrade: New York, London – The Paraguayan government has embarked on a series of investor meetings in New York and London to explore ...; Pedro Espinola Special Correspondent 2025.02.22

McDonald's Taiwan Reportedly Using Paraguayan Beef for Burgers: Taipei, Taiwan – In a surprising announcement, Carlos Fleitas, the Paraguayan Ambassador to Taiwan, revealed that McDonald's ...; Eugenio Rodolfo Sanabria Reporter 2025.02.22

South Korea Sees Continued Dip in Fuel Prices, But a Reversal May Be on the Horizon: SEOUL – For the second consecutive week, South Korea has enjoyed a decline in domestic fuel prices, with both gasoline and d ...; Desk 2025.02.22

Korean Fashion Brands Embrace Spring 2025: A Season of Style and Innovation: As winter's chill subsides and the promise of spring fills the air, Korean fashion brands are unveiling their highly anticipated S ...; Hwang Sujin Reporter 2025.02.22

Jin Air Launches 'Double Discount Promotion' for Spring Travelers: Jin Air, a leading low-cost carrier in South Korea, has announced a special promotion for customers planning spring trips with fam ...; Desk 2025.02.22

Xi Jinping's 'Economic Remodeling' Success: China's Leap from Real Estate to High-Tech: The world is watching US President Donald Trump's every move. This is because it is shaking the existing trade order and security ...; Desk 2025.02.21

"Korea emerges as a global hub for health functional food production, following the footsteps of K-beauty": In Daepung-ri, Daeso-myeon, Eumseong-gun, North Chungcheong Province, the Kolmar BNH factory stands amidst vast fields, producing ...; Hwang Sujin Reporter 2025.02.21

"Black Semiconductor" Seaweed Production Exceeds 1 Trillion Won: SEOUL – The production value of seaweed, often referred to as the "black semiconductor" due to its economic importance, has ...; Hwang Sujin Reporter 2025.02.21

Daejeon City to Provide 35.1 Billion Won in Emergency Support for Small Business Owners: Daejeon City will provide 35.1 billion won in emergency business stabilization support funds to small business owners to revitaliz ...; HONG MOON HWA Senior Reporter 2025.02.21

E-Mart Announces 'March Go-Eat Festa' with Record-Breaking Discounts on Black Pork, Melons, and Abalone: E-Mart has unveiled its "March Go-Eat Festa Spring Magic Sale," promising unprecedented deals on a variety of popular items. The s ...; Desk 2025.02.21

14 Korean Restaurants, Including Chef Kim Do-yoon's "Myeon Seoul," Listed in Michelin Guide's "Bib Gourmand": The Michelin Guide announced on the 20th that it has released the list of "Bib Gourmand" restaurants in Seoul and Busan ahead of t ...; Hwang Sujin Reporter 2025.02.21

Amazon Overtakes Walmart in Quarterly Revenue for the First Time: In a historic shift in the retail landscape, Amazon has surpassed Walmart in quarterly revenue for the first time ever in the U.S. ...; Hannah Yeh Reporter 2025.02.21

iPhone 16e Unveiled: Apple's New Entry-Level Model with AI Capabilities: SEOUL – Apple has announced the release of its new entry-level smartphone, the iPhone 16e, formerly known as the iPhone SE 4 ...; Hwang Sujin Reporter 2025.02.21

Hyundai Motor Group and GM Sign 'Supply Chain Alliance' to Share Global Plants: Hyundai Motor Group and General Motors (GM) are forming a 'supply chain alliance' to share global production facilities. This will ...; KO YONG-CHUL Reporter 2025.02.21

BAT CEO Could Become One of UK's Highest-Paid Bosses Amidst Industry Challenges: British American Tobacco (BAT), the tobacco giant behind numerous well-known cigarette brands, is facing scrutiny over its propose ...; Graciela Maria Reporter 2025.02.21

Glencore Considers Leaving London Stock Exchange in Major Blow to UK Market: The London Stock Exchange (LSE) faces a potentially devastating loss as mining giant Glencore reveals it is exploring the possibil ...; KO YONG-CHUL Reporter 2025.02.21

Panamanian Industrialists Warn of Insufficient Growth, Call for Action: Panama City, Panama - The Panamanian Industrialists' Union (SIP) has issued a warning about the projected 3.6% economic growth for ...; Graciela Maria Reporter 2025.02.21