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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South Korea's Big Three Retailers Shift Focus to Grocery, Sparking Fierce Competition: Seoul, South Korea – In a bid to revitalize their businesses amid a prolonged slump, South Korea's top three retailers are i ...; Hwang Sujin Reporter 2025.01.30

NERDY Unveils New Tracksuit Line for Spring/Summer 2025: Seoul, South Korea – APR, a global beauty-tech company, has announced that its street fashion brand, NERDY, will be launchin ...; Hwang Sujin Reporter 2025.01.30

South Korean Government to Clarify Delivery Driver Duties: Seoul, South Korea – The South Korean government has announced plans to redefine the scope of work for delivery drivers, aim ...; KO YONG-CHUL Reporter 2025.01.30

South Korea's Shipbuilding Giants Set to Soar on Global Boom: Seoul, South Korea – South Korea's major shipbuilding companies are experiencing a resurgence, with industry giants HD Hyund ...; KO YONG-CHUL Reporter 2025.01.30

SK Hynix Soars on AI Boom, Analysts Upbeat: Seoul, Korea – SK Hynix, a leading global semiconductor company, is riding a wave of optimism as analysts raise their target ...; Desk 2025.01.30

Activist Funds Target Korean Companies with Low Dividend Payout Ratios: South Korean securities firms have identified several companies that could become targets of activist investors in the upcoming an ...; Hwang Sujin Reporter 2025.01.29

Shinhan Bank Launches New Website Featuring Beloved Character Lineup, "Shinhan Friends": Seoul, South Korea – Shinhan Bank announced today the launch of a dedicated website for its popular character lineup, "Shinh ...; Hwang Sujin Reporter 2025.01.29

Australia's inflation cools, boosting hopes for interest rate cuts: SYDNEY - Australia's consumer price index (CPI) rose 0.2% in the December quarter, below market expectations, data from the Austra ...; Eugenio Rodolfo Sanabria Reporter 2025.01.29

Tokyo Stock Market Rebounds on US Fed Decision Eve: Tokyo, Japan – Japan’s Tokyo Stock Exchange rebounded on Thursday, marking a four-day winning streak as investors took ...; ONLINE TEAM 2025.01.29

South Korea Sees Surge in Youth Unemployment as Mismatch Between Jobs and Skills Worsens: Seoul, South Korea – A growing number of South Korean youth are choosing to remain unemployed despite being capable of worki ...; Desk 2025.01.29

South Korea's Consumer Goods Exports to China Face Steep Decline: Seoul, South Korea – South Korea's dominance in the Chinese consumer goods market is waning, as the nation grapples with a s ...; KO YONG-CHUL Reporter 2025.01.28

South Korea's Coffee Consumption Hits Record High: Seoul, South Korea – South Korea's love affair with coffee continues to deepen, as new data reveals a surge in coffee import ...; KO YONG-CHUL Reporter 2025.01.28

Samsung Pay Poised to Follow Suit as Apple Pay Expands in South Korea: Seoul, South Korea – The convenience of mobile payments is set to become even more competitive in South Korea as major credi ...; ONLINE TEAM 2025.01.28

South Korean Automakers Ramp Up Electric SUV Launches to Revitalize Domestic Market: Seoul, South Korea – Domestic automakers are gearing up to launch a slew of new electric SUVs in a bid to revitalize the sag ...; Desk 2025.01.28

Kia Recalls Over 80,000 Niro Vehicles Due to Wiring Issue: Kia is recalling over 80,000 Niro vehicles due to a wiring issue that could potentially affect the deployment of airbags and seat ...; Sharon Yoon Correspondent 2025.01.27

Vietnam-Singapore Trade Surges to Record High in 2024: SINGAPORE — Bilateral trade between Vietnam and Singapore reached an all-time high in 2024, exceeding SG$31.67 billion (appr ...; Eugenio Rodolfo Sanabria Reporter 2025.01.26

South Korea's E-commerce Landscape: Coupang Dominates Amidst Economic Downturn: Seoul, South Korea – Despite intense competition from Chinese e-commerce platforms last year, South Korean retailers SSG.com ...; Global Economic Times Reporter 2025.01.26

South Korea's Food Giants Expand: 11 Companies Surpass $3 Billion in Annual Sales: Seoul, South Korea – South Korea's food industry is experiencing unprecedented growth, with a record number of companies sur ...; Hwang Sujin Reporter 2025.01.26

South Korean Electronics Giants Sweep US Large-Capacity Washing Machine Market: Seoul, South Korea – LG Electronics and Samsung Electronics have once again solidified their dominance in the US premium app ...; Hannah Yeh Reporter 2025.01.26

South Korea's Automotive Exports Face Headwinds as Electric Vehicle Sales Slump: Seoul, South Korea – South Korea's automotive export prices experienced their first decline since 2016, primarily driven by ...; Desk 2025.01.26