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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Gold Prices Continue to Climb in Nepal: KATHMANDU – Gold prices in Nepal have been on a steady upward trend since Tuesday, with another increase recorded today (Thu ...; Graciela Maria Reporter 2025.02.21

Nepali Stock Market Sees Modest Gains Amidst Lower Trading Volume: KATHMANDU – The Nepali stock market (NEPSE) experienced a slight uptick on Thursday, rising 3.14 points to close at 2,743.74 ...; Ana Fernanda Reporter 2025.02.21

Vietnam Strives to Attract Private Investment in Energy Sector: HANOI – Vietnam is actively seeking to attract greater private sector participation in its energy market, recognizing the cr ...; Ana Fernanda Reporter 2025.02.21

H&M Subsidiary Syre to Invest Up to $1 Billion in Vietnamese Circular Textile Hub: HÀ NỘI — Syre, a subsidiary of global fashion giant H&M, has announced plans to invest between $700 million and $ ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

Vietnam Stock Market Continues Upward Trend, Surpassing 1,290-Point Mark: HÀ NỘI — The Vietnamese stock market extended its gains on Thursday, with the benchmark VN-Index breaking through the ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

South Korea Imposes Anti-dumping Duties on Chinese Steel Plates Amidst Trade Tensions: Seoul - In a move to protect its domestic steel industry, South Korea has decided to impose anti-dumping duties on Chinese hot-rol ...; Desk 2025.02.20

Subscription Services Surge in Popularity in South Korea's Food and Beverage Industry: SEOUL – Subscription services are rapidly gaining traction in South Korea's food and beverage industry, with companies offer ...; KO YONG-CHUL Reporter 2025.02.20

11Street Aims for EBITDA Profitability in 2025: SEOUL – 11Street, a South Korean e-commerce platform, has announced its ambitious goal to achieve earnings before interest, ...; Desk 2025.02.20

DDP to Transform into a Leading Cultural Hub by 2027: Seoul, South Korea – The Dongdaemun Design Plaza (DDP), celebrating its 11th anniversary, has unveiled its ambitious "New Pe ...; Hwang Sujin Reporter 2025.02.20

Secret Lockdown Dream Turned Booming Reality: Óbidos' Prohibition Bar Takes Center Stage on UK Television: Óbidos, Portugal – What began as a whimsical idea among friends during the isolating days of the Coronavirus lockdown ...; Graciela Maria Reporter 2025.02.19

Kronos Real Estate Group Appoints First Female Partner in Portugal, Alda Filipe FOR IMMEDIATE RELEASE: Kronos Real Estate Group, a leading player in the Iberian real estate market, has announced the appointment of Alda Filipe to its ...; Graciela Maria Reporter 2025.02.19

Streamlining International Moves: Algarve Removals Offers Seamless Transitions Between the UK, Portugal, Spain, and Dubai: Relocating to a new country can be an exciting adventure, but the logistics involved can quickly become overwhelming. Algarve Remo ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Mombasa Study Links Business Licensing Compliance to Infrastructure and Service Delivery: Mombasa, Kenya – A recent two-week study conducted by The Coast Civil Society Network for Human Rights (CCSNH) has revealed ...; Desk 2025.02.19

Libyan NOC Disputes OPEC's 2024 Oil Production Figures, Citing Inaccurate Data: The National Oil Corporation (NOC) of Libya has publicly challenged the oil production data for 2024 recently released by the Orga ...; Pedro Espinola Special Correspondent 2025.02.19

S&P Report: US Steel Tariffs to Hit South Korean Steelmakers Hard: Seoul – S&P Global Ratings has issued a report warning that the imposition of broad steel tariffs by the United States w ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Intel's Stock Price Soars on Potential Acquisition Deals: Intel's stock price surged by 9% on February 18th, 2025, driven by speculation of potential acquisition deals with major semicondu ...; Eunsil Ju Reporter 2025.02.19

Goldman Sachs Raises Year-End Gold Price Target to $3,100, Citing Strong Central Bank Demand and Policy Uncertainty: Goldman Sachs has revised its year-end gold price forecast to $3,100 per ounce, up from its previous estimate of $3,000. The inves ...; Sharon Yoon Correspondent 2025.02.19

EU Denies Lowering Car Tariffs Amidst Trade Tensions with the US: Brussels, Belgium – The European Union (EU) has refuted claims made by US President Donald Trump that it has already lowered ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Vietnam's Shrimp Exports Surge in Early 2025, Despite Global Market Volatility: HANOI – Vietnam's shrimp export sector has demonstrated robust growth in the first month of 2025, reinforcing its vital role ...; Yim Kwangsoo Correspondent 2025.02.18

Vietnam Boosts Public Investment to Drive Socio-Economic Growth: Hanoi – Vietnam is prioritizing public investment as a key driver of socio-economic development, with a substantial budget o ...; Desk 2025.02.18