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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Kia PV5 Wins '2026 International Van of the Year,' Marks First for a Korean Brand: (C) Kia LYON, France – Kia’s mid-sized electric Purpose-Built Vehicle (PBV), the PV5, has been honored with the pr ...; Global Economic Times Reporter 2025.11.20

UNIQLO's Collaboration Strategy: Designer Fashion Meets Mass Appeal: Seoul, November 19, 2025 – Global apparel giant UNIQLO is once again dominating headlines in the fashion industry, this time ...; Hwang Sujin Reporter 2025.11.19

Korean Fashion Brands Set Sights on China: Dunst Opens Pop-up in Shanghai: SEOUL, November 18, 2025 — Korean fashion companies are accelerating their push into the Chinese market, a pivotal move driv ...; Desk 2025.11.18

Dayone Company Achieves Record Performance in Adult Education Market: SEOUL, South Korea — Dayone Company, a leading South Korean adult education firm, has announced a significant surge in its p ...; KO YONG-CHUL Reporter 2025.11.14

SoluM Drives Retail Innovation in UK and Ireland, Clinches Prestigious 'RTIH Innovation Award 2025': (C) 솔루엠 LONDON – SoluM, a global specialist in electronic components and smart solutions, has been recognized for its gro ...; Global Economic Times Reporter 2025.11.14

Hanmi Science Takes Aim at Global Market, Unveiling Three Surgical Hemostats in Germany: DÜSSELDORF, Germany—Hanmi Science, the holding company of South Korea's Hanmi Group, is poised to intensify its push in ...; Yim Kwangsoo Correspondent 2025.11.13

Busan Companies Achieve Record CES 2026 Innovation Awards: Intelligent filming robot, 'Gensis Studio.' (C) Busan City BUSAN, South Korea – The city of Busan announced on Novembe ...; Desk 2025.11.11

Retirement Age Debate Rages: Youth Employment at Risk as Older Workers' Tenure Lengthens: (C) Pixabay Seoul - The debate over raising South Korea's mandatory retirement age is intensifying, with an immediate proposal ...; Desk 2025.11.10

Daedeok Innopolis to Global Markets: Daejeon Hosts Tech Exchange Focused on Funding and International Expansion: DAEJEON, South Korea—Daejeon City is set to host the "12th Daejeon Innovative Technology Exchange (DITEC)" on the 11th at th ...; HONG MOON HWA Senior Reporter 2025.11.07

Daejeon City Honors Four ‘Promising Small Businesses’ for Innovation and Growth: (C) Oven Brothers (오븐브라더스) DAEJEON—Daejeon Metropolitan City has announced and presented plaques to four businesses design ...; HONG MOON HWA Senior Reporter 2025.11.07

E-Commerce Titan Amazon Sues AI Startup Perplexity Over Automated Shopping Feature: In a major legal clash signaling the friction between traditional e-commerce and the rise of Artificial Intelligence (AI) commerce ...; Ana Fernanda Reporter 2025.11.07

Decaf Dominates: Starbucks’ Caffeine-Free Surge Overtakes Longtime Favorite in South Korea: Decaffeinated coffee (C) Global Economic Times SEOUL—In a dramatic shift reflecting the nation’s burgeoning &ldqu ...; Hwang Sujin Reporter 2025.11.04

Samsung Rewards HBM4 Developers with Special Stock Bonus: Samsung Electronics (C) Global Economic Times SEOUL, South Korea – Samsung Electronics has granted a special stock-bas ...; Global Economic Times Reporter 2025.11.03

Media Titans Clash: Disney Channels Dark on YouTube TV Amid Contract Dispute: LOS ANGELES—The ongoing power struggle between major media corporations in the US has escalated, resulting in the complete b ...; Hwang Sujin Reporter 2025.11.02

South Korea’s Media Production Staff Face Grueling Hours and Precarity Amid Push for New Labor Law: A recent survey has cast a harsh light on the persistently precarious working conditions for South Korea's broadcast production st ...; Global Economic Times Reporter 2025.11.02

NVIDIA Hails South Korea as Global AI Epicenter, Cementing 'Alliance' with Massive GPU Deal: Global AI powerhouse NVIDIA released a powerful 3-minute, 16-second video titled 'South Korea's Next Industrial Revolution' on its ...; Pedro Espinola Special Correspondent 2025.11.02

R.O.K. and U.S. Strike Tariff Deal with $200 Billion Cash Investment: Investment Fund Details Finalized: Gyeongju, South Korea – Presidents Lee Jae-myung of South Korea and Donald Trump of the United States reached a crucial agre ...; KO YONG-CHUL Reporter 2025.10.30

World-OKTA Chairman Park Jong-bum 'Wins Re-election'... Garners 186 Votes: The successful re-election of World-OKTA (World Federation of Overseas Korean Traders Associations) Chairman Park Jong-bum to the ...; KO YONG-CHUL Reporter 2025.10.29

4 Korean Teams Win at the Inaugural 2025 OKTA Global Startup Competition: Songdo, Incheon – The final round of the '2025 OKTA Global Startup Competition,' hosted by the World Federation of Overseas ...; KO YONG-CHUL Reporter 2025.10.29

Grand Opening of the 29th World Korean Business Convention in Songdo Convensia, Incheon: The 29th World Korean Business Convention (2025 Korea BCSF Incheon) grandly opened on October 27 at Songdo Convensia in Incheon. T ...; Global Economic Times Reporter 2025.10.27

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