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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Vietnam's Billionaire Count Bounces Back to Six: HANOI – Vietnam's roster of billionaires has climbed back to six with the re-inclusion of Masan Group Chairman Nguyen Dang Q ...; Ana Fernanda Reporter 2025.02.05

Vietnam Stock Market Rebounds, But Caution Advised Amidst Foreign Investor Sell-Off: HANOI – The Vietnamese stock market saw a strong rebound on Tuesday, with the VN-Index nearing the 1,265-point mark. Improve ...; Global Economic Times Reporter 2025.02.05

Egypt Secures $1.7 Billion in Financing from Islamic Development Bank Group: Cairo, Egypt – Egypt has solidified its partnership with the Islamic Development Bank (IsDB) Group, securing $1.7 billion in ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

SK Telecom Joins MIT's GenAI Impact Consortium as Founding Member: Seoul, South Korea – SK Telecom (SKT), a leading South Korean telecommunications company, has announced its participation as ...; ONLINE TEAM 2025.02.04

Gyeongnam Province to Accelerate Electric Vehicle Supply Project: Gyeongsangnam-do Province announced on the 4th that it will begin its electric vehicle (EV) supply project earlier than usual this ...; Hwang Sujin Reporter 2025.02.04

Financial Supervisory Service Uncovers Massive Illegal Loans at Major Banks: SEOUL – The Financial Supervisory Service (FSS) of South Korea has revealed a staggering 387.5 billion won ($295 million USD ...; KO YONG-CHUL Reporter 2025.02.04

HD Hyundai to Unveil Next-Generation Construction Equipment at 2025 Seoul Mobility Show: SEOUL – HD Hyundai, a leading construction equipment manufacturer, announced its participation in the 2025 Seoul Mobility Sh ...; Desk 2025.02.04

Starbucks Japan's Location-Based Pricing: A Sign of Things to Come?: Starbucks Coffee Japan, Ltd. recently announced a move that could signal a shift in how businesses approach pricing strategies: lo ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Strengthening Japan's Investment Security: A Necessary Step: Japan is taking proactive measures to safeguard its national security by expanding scrutiny of foreign investments. As reported by ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Tether Announces USDt Integration with Bitcoin's Lightning Network: El Salvador – Tether, the company that recently announced it is moving all of its operations to El Salvador, has announced t ...; Ana Fernanda Reporter 2025.02.02

Tanzanian Honey Exports Surge, Reaching International Markets: DODOMA – Tanzanian honey producers have seen a significant boost in exports, selling 337.3 tonnes of honey to international ...; Hee Chan Kim Reporter 2025.02.02

Lotte On to Welcome Luxury Brands in a Major Expansion of its E-commerce Platform: SEOUL – Lotte On, the e-commerce platform of Lotte Shopping, is set to significantly expand its luxury offerings next month ...; Hwang Sujin Reporter 2025.01.31

E-commerce Companies Dive into Luxury Goods Market Amidst Slowing Growth: SEOUL – In a bid to expand their customer base and boost sales, South Korean e-commerce giants are increasingly venturing in ...; Hwang Sujin Reporter 2025.01.31

Korea Boosts Investment Incentives for Local Businesses: To stimulate corporate investment in local areas, the ceiling for local investment subsidies will be raised from the current 100 b ...; KO YONG-CHUL Reporter 2025.01.31

Starbucks Surpasses Japan in Store Count for the First Time: South Korea has overtaken Japan in the number of Starbucks stores for the first time, according to Starbucks' global website. As o ...; Hwang Sujin Reporter 2025.01.31

Vietnam's Export Sector Poised for Continued Growth in 2025: HANOI - Vietnam's export sector is expected to remain a key driver of economic growth in 2025, building on a record-breaking perfo ...; Graciela Maria Reporter 2025.01.30

El Salvador Expands Labor Migration Program, Announces New Destination: San Salvador – El Salvador’s government has announced plans to expand its successful Labor Migration Program, which of ...; Graciela Maria Reporter 2025.01.30

Samsung's Dominance Wanes Amid Chip Crisis: Seoul, South Korea – Samsung Group, South Korea’s largest conglomerate, has retained its top spot in the nation's corp ...; ONLINE TEAM 2025.01.30

X to Launch Financial Services, Including Digital Payments, This Year: San Francisco, CA – Elon Musk's social media platform, X (formerly Twitter), is set to launch a suite of financial services ...; Sharon Yoon Correspondent 2025.01.30

K-Beauty's Next Frontier: Edible Cosmetics: Seoul, South Korea – The beauty industry is witnessing a surge in popularity for "inner beauty" products, or edible cosmetic ...; Min Gyu Mi Reporter 2025.01.30