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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Soaring Exchange Rates Squeeze Imported Car Market in South Korea: Seoul, South Korea – The soaring won-dollar exchange rate has cast a long shadow over South Korea's imported car market, for ...; Global Economic Times Reporter 2025.01.16

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BasicX Laptops Make Waves in South Korea's Budget-Friendly Market: Seoul, South Korea – A South Korean tech startup, BasicX, is making waves in the domestic laptop market with its affordable ...; Global Economic Times Reporter 2025.01.16

Naver Webtoon Invests in Japanese Studio to Boost Global Reach: Seoul, South Korea – Naver Webtoon, a leading digital comics platform, announced today a significant investment in a Japanes ...; Hwang Sujin Reporter 2025.01.16

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Sebang Becomes First Logistics Company in South Korea to Achieve Highest AEO Rating: Seoul, South Korea – Sebang, a leading global comprehensive logistics company, has announced that it has become the first lo ...; Desk 2025.01.16

Global Pharma and Biotech M&A to Rebound in 2025, Driven by China and AI: Seoul, South Korea – The global pharmaceutical and biotechnology mergers and acquisitions (M&A) market, which experience ...; Global Economic Times Reporter 2025.01.16

South Korea's Seafood Exports Surpass $3 Billion, Led by Kimchi: Seoul, South Korea – South Korea's seafood exports reached a new high in 2023, surpassing $3 billion for the first time. Kim ...; Global Economic Times Reporter 2025.01.16

South Korea to Boost R&D Funding for SMEs, Focusing on Strategic Technologies: Seoul, South Korea – The South Korean Ministry of SMEs and Startups announced today the launch of its 2025 Small and Medium ...; Global Economic Times Reporter 2025.01.16

Hyundai Motor Securities Unveils Value-Up Plan and Enhanced Shareholder Returns: Seoul, Korea – May 16, 2024 Hyundai Motor Securities announced today a value-up plan aimed at enhancing corporate value. The ...; Desk 2025.01.16

Kigongo-Busisi Bridge Project Creates Thousands of Jobs in Tanzania: Mwanza, Tanzania - The construction of the Kigongo-Busisi bridge in Tanzania has not only created a significant number of jobs but ...; Graciela Maria Reporter 2025.01.15

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IBK Industrial Bank Surpasses Major Financial Groups in Market Cap: Seoul, South Korea – IBK Industrial Bank has made significant strides in the South Korean financial market, surpassing the m ...; Desk 2025.01.15

South Korea's ETF Market Soars, But Innovation Lags: Seoul, South Korea – South Korea's exchange-traded fund (ETF) market has experienced explosive growth, with its total assets ...; Global Economic Times Reporter 2025.01.15

Coupang Dominates South Korea's E-commerce Market: Seoul, South Korea – Coupang, South Korea's largest e-commerce company, has solidified its dominance in the market, widening ...; Desk 2025.01.15

South Korea's New Procurement System Experiences Initial Hiccups But on Track for Full Launch: Seoul, South Korea – South Korea's newly launched government procurement system, "Nara Jangter," encountered several technic ...; Hwang Sujin Reporter 2025.01.14

KT&G Expands Footprint in Eurasia with Uzbekistan Subsidiary: Seoul, South Korea – KT&G, a leading South Korean tobacco company, announced today that it has established a subsidiary ...; ONLINE TEAM 2025.01.14