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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GS25 and Musinsa Join Forces to Sell 'Musinsa Standard' Clothing at Convenience Stores: GS25, a major convenience store chain in South Korea, has announced a strategic partnership with Musinsa, the country's leading on ...; Hwang Sujin Reporter 2025.02.12

Korean Securities Gain Momentum Amidst Value-Up Plan and Dividend Expectations: Securities stocks in Korea are gaining momentum. Following the recent earnings announcements where several brokerage firms reporte ...; Global Economic Times Reporter 2025.02.12

South Korean Listed Companies Ramp Up Share Buybacks and Cancellations in 2024: SEOUL – South Korean listed companies have significantly increased their share buyback and cancellation activities in 2024, ...; Global Economic Times Reporter 2025.02.12

Bitcoin's Identity Crisis: Digital Gold or Risky Asset?: Bitcoin has been trading sideways around the $100,000 mark for the past three months, sparking a debate about its true nature as a ...; ONLINE TEAM 2025.02.12

Senior Citizens and Those with Pre-existing Conditions to Gain Access to Health Insurance: Seoul, South Korea – Starting this April, elderly individuals aged 90 and above, as well as those with pre-existing health c ...; KO YONG-CHUL Reporter 2025.02.12

Dongwon F&B Achieves Significant Profit Growth in 2024, Driven by Overseas Exports: SEOUL – Dongwon F&B, a leading South Korean food company, announced on February 11th that it has achieved significant pr ...; ONLINE TEAM 2025.02.11

C-commerce offensive intensifies, Chinese direct purchases exceed 60% of Korean market: Chinese e-commerce, represented by 'Ali·Te·Shi' (AliExpress, Temu, Shein), continues to expand its presence in Korea ...; Hwang Sujin Reporter 2025.02.11

DBS Rewards Staff with Second Bonus After Record-Breaking Year: DBS Group announced on Monday (Feb 10) a second round of bonuses for its employees following a record-breaking financial performan ...; Ana Fernanda Reporter 2025.02.11

Korean Air Takes Top Spot as Airline of the Year 2025, Thanks to Spacious Seating: Korean Air has ascended to the pinnacle of aviation, earning the title of Airline of the Year for 2025, as declared by AirlineRati ...; KO YONG-CHUL Reporter 2025.02.11

Trump's Tariffs Threaten South Jeolla Province's Booming Agricultural Exports: South Jeolla Province, a region in South Korea, has recently seen a surge in agricultural and fisheries exports, driven by the K-f ...; Yim Kwangsoo Correspondent 2025.02.11

Gwangju City Increases Financial Support for Small and Medium-sized Enterprises to 270 Billion Won: Gwangju Metropolitan City has announced that it will provide 270 billion won in financial support to small and medium-sized enterp ...; ONLINE TEAM 2025.02.11

Kyobo Life's Put Option Disputes: Will Affinity Follow Affirma's Lead?: Seoul – The resolution of Kyobo Life Insurance's long-standing put option dispute with Affirma Capital has ignited speculati ...; Min Gyu Mi Reporter 2025.02.11

South Korea's Early February Trade Shows Slight Export Growth Amidst Semiconductor Rebound: SEOUL – South Korea's exports saw a modest 0.8 percent increase year-on-year in the first 10 days of February, reaching $14. ...; JEONG CHAN MYEONG Senior Reporter 2025.02.11

Korean Exporters Brace for Potential US Tariff Fallout: SEOUL – Korean businesses are preparing for potential disruptions to their U.S. sales as the specter of increased tariffs lo ...; Hee Chan Kim Reporter 2025.02.11

Lotte Wellfood Opens Massive New Manufacturing Plant in India: PUNE, INDIA – Lotte Wellfood, the South Korean confectionery giant, has officially opened its new state-of-the-art manufactu ...; Ana Fernanda Reporter 2025.02.11

Temu Gears Up for Direct Entry into Korean E-commerce Market: SEOUL – Chinese e-commerce platform Temu, owned by PDD Holdings, is reportedly accelerating its preparations for a direct en ...; Yim Kwangsoo Correspondent 2025.02.11

Maserati's South Korean Dream Falters as Luxury Rivals Steal the Show: Seoul – Maserati's ambitious push into the South Korean luxury car market is hitting a roadblock, with sales figures paintin ...; Hwang Sujin Reporter 2025.02.11

Korean Budget Coffee Chains Feel the Heat as Bean Prices Soar: SEOUL – The rising cost of coffee beans worldwide is finally hitting South Korea's fiercely competitive budget coffee market ...; Desk 2025.02.11

POSCO International's Website Wins Top Honors at iNova Awards: SEOUL – POSCO International's newly revamped website has garnered international recognition, winning the prestigious Grand A ...; Global Economic Times Reporter 2025.02.11

Shinhan Card Launches 'The BEST-X', a Premium Card with Enhanced Benefits: Shinhan Card has introduced 'The BEST-X', a premium credit card that offers a wide range of benefits to attract high-spending cust ...; Desk 2025.02.10