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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Australian superannuation falls short for comfortable retirement: Australians are warned they may not have enough saved in their superannuation for a comfortable retirement despite mandatory emplo ...; Pedro Espinola Special Correspondent 2024.12.21

Saudi Arabia Cuts Interest Rate in Line with US Fed, Third Reduction This Year: Riyadh – Saudi Arabia's central bank, SAMA, has lowered its benchmark interest rate for the third time this year, mirroring ...; Graciela Maria Reporter 2024.12.21

Hyundai Unveils All-New Palisade with Enhanced Features and Performance: Seoul, South Korea – Hyundai Motor Company has announced the start of pre-orders for its flagship large SUV, the all-new Pal ...; Desk 2024.12.21

Samsung Secures $4.75 Billion US Chip Subsidy Amidst Political Transition: Austin, Texas – Samsung Electronics has received final approval for a $4.75 billion US government subsidy to expand its semi ...; ONLINE TEAM 2024.12.21

Seoul Maintains Top Spot in South Korea's Regional Income: Seoul, South Korea – Seoul has once again solidified its position as the wealthiest region in South Korea, according to the ...; Desk 2024.12.21

South Korea Eases Foreign Exchange Restrictions to Stabilize Market: Seoul, South Korea – The South Korean government has announced a series of measures to ease restrictions on foreign exchange ...; Desk 2024.12.21

General Government Deficit Widens in Q3 2024: Helsinki, Finland – Finland's general government deficit expanded by €1.7 billion year-on-year in the third quarter of ...; Ana Fernanda Reporter 2024.12.19

"Aurora Ping Frenzy: Parents Desperate as Toy Shortage Drives Prices Sky High": Seoul, South Korea – The holiday season has turned into a frantic hunt for parents across South Korea as the highly sought-a ...; Global Economic Times Reporter 2024.12.19

Korea Post Launches New High-Interest Savings Account with Exclusive Rewards: Seoul, South Korea – Korea Post, the nation's postal service, has introduced a new savings account, "Lucky BC Direct Savings ...; Hwang Sujin Reporter 2024.12.19

South Korean Investors Flee Domestic Market Amidst Political Turmoil and Economic Concerns: Seoul, South Korea – Individual investors in South Korea are rapidly withdrawing their funds from the domestic stock market, ...; ONLINE TEAM 2024.12.19

South Korea Faces Risk of Long-Term Economic Stagnation, Warns BOK: Seoul, South Korea – The Bank of Korea (BOK) has issued a stark warning about the potential for South Korea to enter a prolo ...; Hwang Sujin Reporter 2024.12.19

Chipflation Hits Low-Income Households Hardest in South Korea: Seoul, South Korea – A new study by the Bank of Korea (BOK) has revealed that South Korea, like many other countries, has be ...; JEONG CHAN MYEONG Senior Reporter 2024.12.19

Seoul’s Robot Revolution: Autonomous Delivery Bots Hit the Streets: Robotis, a leading robotics company based in Magok-dong, Gangseo-gu, Seoul, is revolutionizing local deliveries with its autonomou ...; Hwang Sujin Reporter 2024.12.19

South Korea to Ramp Up US LNG Imports Amid Trade Tensions: Seoul, South Korea – Korea Gas Corporation (KOGAS) announced plans on [Date] to significantly increase its imports of liquef ...; Hannah Yeh Reporter 2024.12.19

Doosan Enerbility to Supply Key Components for TerraPower's First SMR Project: Seoul, South Korea – Doosan Enerbility, a leading South Korean engineering and construction company, has secured a contract ...; Desk 2024.12.19

German Insolvencies Surge, Warning of Record Highs in 2025: Berlin - German businesses are facing a mounting wave of insolvencies, with Creditreform reporting a nearly 25% increase this year ...; Graciela Maria Reporter 2024.12.18

Fortune-Telling Keychains: The Latest Trend Among South Korea's Youth: Seoul, South Korea – A unique trend has emerged among South Korea's younger generation, combining ancient divination practic ...; Desk 2024.12.18

Convenience Stores Join the Affordable Beauty Race: Seoul, South Korea – Convenience stores are diving into the affordable beauty market, offering a new challenge to the domina ...; Hwang Sujin Reporter 2024.12.18

Broadcom Emerges as a Fierce Rival to Nvidia in the AI Chip Market: New York, NY – Broadcom, the US-based semiconductor giant, has emerged as a formidable competitor to Nvidia, the current mar ...; Hannah Yeh Reporter 2024.12.18

London's Stock Exchange Faces Exodus Amidst Worst Post-Crisis Period: London's stock market is experiencing its worst period since the global financial crisis. The number of companies delisting or mov ...; Graciela Maria Reporter 2024.12.17