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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Philippine Economic Growth Projected to Accelerate in 2025, Says UBS Economist: MANILA – The Philippine economy is poised for accelerated growth in 2025, driven by increased investments and robust consume ...; Pedro Espinola Special Correspondent 2025.02.27

Alfamart Boosts MSMEs with In-Store Partnerships, Plans Luzon Expansion: MANILA – Alfamart, the convenience store chain owned by the Sy family, is actively pursuing partnerships with micro, small, ...; Graciela Maria Reporter 2025.02.27

Philippine Government Remains Key Market for Honda Marine and Propmech: MANILA – The Philippine government continues to be the largest consumer for Honda Marine and its local partner, Propmech Cor ...; Graciela Maria Reporter 2025.02.27

South Jeolla Province Invests 90 Billion KRW to Strengthen Global Competitiveness of Seafood Industry: On February 25th, South Jeolla Province announced its plan to invest approximately 90 billion KRW this year to enhance the global ...; Yim Kwangsoo Correspondent 2025.02.27

Soonchunhyang University Offers Up to 100 Million KRW to Early-Stage Startups: Soonchunhyang University has launched its 2025 Early Startup Package, offering up to 100 million KRW in business funding to early- ...; HONG MOON HWA Senior Reporter 2025.02.27

Orion's Choco Pie Hits Record Sales, Becoming a Global Phenomenon: Orion's iconic Choco Pie has achieved a milestone, selling over 4 billion units in 2024, its 50th anniversary year, marking a reco ...; Desk 2025.02.27

LG Electronics Strengthens Competitiveness in the Middle East and Africa TV Market: SEOUL — LG Electronics is stepping up its efforts to strengthen its competitiveness in the Middle East and Africa (MEA) TV m ...; KO YONG-CHUL Reporter 2025.02.26

Hana Securities Raises HYBE's Target Price, Citing BTS Comeback and New Growth: SEOUL – Hana Securities has raised its target price for HYBE Corporation from 280,000 KRW to 310,000 KRW, maintaining a "buy ...; Desk 2025.02.26

Chinese Companies Accelerate Their Offensive in Korean Travel and Retail Markets: Trip.com, the largest online travel agency (OTA) in Asia based in China, has sold more airline tickets than domestic travel agenci ...; KO YONG-CHUL Reporter 2025.02.26

Naver Aims to Redefine Shopping with AI-Powered Personalization: SEOUL – Naver, South Korea's leading internet portal, is poised to revolutionize the online shopping experience with its upc ...; Hwang Sujin Reporter 2025.02.26

Wall Street Mixed as Tech Stocks Tumble, Investors Eye Nvidia Earnings: NEW YORK – U.S. stocks closed mixed on Tuesday, with the Dow Jones Industrial Average edging higher while the S&P 500 an ...; Hannah Yeh Reporter 2025.02.26

Coupang's 2024 Revenue Exceeds 40 Trillion Won for the First Time: Coupang has announced its financial results for 2024, revealing that its annual revenue has surpassed 40 trillion won for the firs ...; Hwang Sujin Reporter 2025.02.26

Three Years On: Russia's War in Ukraine and Japan's Shifting Trade Landscape: Three years have passed since Russia launched its invasion of Ukraine, triggering a wave of economic sanctions, primarily led by t ...; Graciela Maria Reporter 2025.02.25

Buffett's Berkshire Hathaway to Increase Stakes in Japanese Trading Houses: TOKYO – Shares in Japan's five major trading houses surged in early trading on Tuesday after Warren Buffett revealed his con ...; Graciela Maria Reporter 2025.02.25

Nikkei Slumps to One-Month Low Amidst Stronger Yen and Wall Street Woes: TOKYO – Japan's Nikkei share average tumbled by over 1% in early trading on Tuesday, reaching its lowest point in over a mon ...; Global Economic Times Reporter 2025.02.25

Overseas Recalled Products Increasing in Domestic Distribution: The number of cases of products recalled overseas due to safety issues being distributed and sold in Korea is increasing every yea ...; KO YONG-CHUL Reporter 2025.02.25

K-Beauty Brands Rush into India Amidst Korean Wave: With the Korean Wave sweeping across India, the country with a population of 1.4 billion, K-beauty brands are rapidly expanding th ...; Desk 2025.02.25

Korean Air to Pay Record-Breaking Performance-Based Bonuses to Employees: Korean Air, which recorded its highest-ever sales last year, will pay its employees performance-based bonuses equivalent to 500% o ...; KO YONG-CHUL Reporter 2025.02.25

Seoul Dairy Successfully Invalidates a2 Milk Company's Patent on A2 Protein: Seoul Dairy Cooperative announced on the 25th that it has successfully invalidated The a2 Milk Company's patent in South Korea rel ...; Hwang Sujin Reporter 2025.02.25

Samsung Electronics Launches New Budget Smartphones in India to Increase Global Market Share: Samsung Electronics is releasing a series of new budget smartphones in India, a market with a population of 1.4 billion. The compa ...; KO YONG-CHUL Reporter 2025.02.25