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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Hyundai AutoEver Expands into Southeast Asia with High-Quality Mapping Joint Venture: SEOUL, South Korea – Hyundai AutoEver, a subsidiary of Hyundai Motor Group, announced today that it has formed a joint ventu ...; JEONG CHAN MYEONG Senior Reporter 2024.12.17

Department Stores Gear Up for Lunar New Year Gift Sets: Seoul, South Korea – Major department stores in South Korea are set to kick off pre-orders for Lunar New Year gift sets this ...; Desk 2024.12.17

Schroders Weighs Sale of Indonesian Business Amid Strategic Review: London/Jakarta, [Date] – Schroders, the UK-based global investment manager, is considering the sale of its Indonesian busine ...; JEONG CHAN MYEONG Senior Reporter 2024.12.16

Daejeon Seo-gu Offers Public Sector Job Shadowing Program for Youth: Daejeon, South Korea – Daejeon Seo-gu district has announced a new job shadowing program designed to provide young adults wi ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan Embraces Rice Flour Bread with Citywide Discount Event: Cheonan, South Korea – In a bid to boost local rice consumption and support the city's thriving bakery industry, Cheonan Cit ...; HONG MOON HWA Senior Reporter 2024.12.16

Hyundai Construction Tops in Customer Management Focus Among Major Korean Builders: Seoul, South Korea – [Date] – Hyundai Construction has emerged as the leading Korean construction company in terms of ...; Desk 2024.12.16

Korean Air Soars Above Competition in Online Sentiment: Seoul, South Korea – Korean Air has maintained its position as the most talked-about airline in South Korea, according to a ...; Desk 2024.12.16

Shinhan Bank Leads in ESG Engagement as Public Interest Wanes Slightly: Seoul, South Korea – A recent study by Data & Research has revealed that Shinhan Bank is leading the pack in terms of pu ...; Desk 2024.12.16

Mortgage Rates Surge to 15-Year High in Taiwan: Taipei, Taiwan – Mortgage interest rates in Taiwan surged to a 15-year high of 2.23% in the last quarter, despite a decline ...; Ana Fernanda Reporter 2024.12.15

Chile's Economic Evolution: Insights from 50 Years of "Estudios de Economía": Santiago, Chile – A recent special edition of Estudios de Economía, Chile's premier economics journal, has delved dee ...; Desk 2024.12.14

World stock markets diverge as rate calls loom: Commodity markets were steadier after oil and gold won strong support Monday owing to uncertainty over Syria's impact on the wider ...; Hannah Yeh Reporter 2024.12.13

Finland's Dark Side: Organized Crime's Grip on Business: Helsinki, Finland - Organized crime has infiltrated Finland's business landscape, with nearly 2,000 companies tied to criminal gro ...; Graciela Maria Reporter 2024.12.13

Benromach Unveils 50-Year-Old Single Malt Whisky in Korea: A. Young FBC, a leading comprehensive beverage company, has unveiled the monumental Benromach 50 Years Old, a single malt Scotch w ...; LEE YEON SIL Reporter 2024.12.13

Disney Adventure Cruise Sees Overwhelming Bookings as Asia Debut Nears: Disney Cruise Line's highly anticipated Asia cruise, the Disney Adventure, has experienced an unprecedented surge in bookings sinc ...; JEONG CHAN MYEONG Senior Reporter 2024.12.13

South Korea Unveils New Guidelines to Boost Green Lending: South Korea has introduced a new regulatory framework aimed at expanding green lending, aligning loans with the country's green ta ...; KO YONG-CHUL Reporter 2024.12.13

Merger of Korean OTT Platforms Tving and Wavve Hinges on Pricing Strategy, Survey Reveals: Seoul – A survey conducted by Consumer Insight indicates that the potential merger of Korean streaming giants Tving and Wavv ...; Global Economic Times Reporter 2024.12.12

Cyworld Announces Ambitious Relaunch Targeting All Generations: Seoul – Once a dominant force in South Korean social networking, Cyworld is gearing up for a comeback next year with a moder ...; Hwang Sujin Reporter 2024.12.12

US-Saudi Business Forum Highlights Opportunities for Growth: Riyadh, Saudi Arabia – The Saudi-US Business Forum, held on December 8th, underscored the growing economic ties between the ...; JEONG CHAN MYEONG Senior Reporter 2024.12.11

Saudi Arabia Launches New Hotel Management Company, Adeera: Riyadh, Saudi Arabia – The Public Investment Fund (PIF) has announced the launch of Adeera, a new hotel management company a ...; Yim Kwangsoo Correspondent 2024.12.11

Finland Grapples with Organized Crime's Grip on Business: Helsinki, Finland – A recent report by the Finnish Tax Administration has revealed a concerning trend: organized crime has d ...; Global Economic Times Reporter 2024.12.11