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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Bitcoin Breaks Records as Crypto Market Soars: New York – Bitcoin, the pioneering cryptocurrency, has surged to unprecedented heights, surpassing the US$100,000 mark for t ...; ONLINE TEAM 2024.12.05

Holiday Inn Express Kathmandu Celebrates First Anniversary: Kathmandu, Nepal – Holiday Inn Express Kathmandu Naxal, Nepal’s inaugural Holiday Inn Express hotel, marked its first ...; Graciela Maria Reporter 2024.12.05

Shinhan Bank CEO Jung Sang-hyuk Confirmed for Second Term: Seoul, South Korea – Shinhan Financial Group announced on Friday that its incumbent CEO, Jung Sang-hyuk, has been nominated ...; KO YONG-CHUL Reporter 2024.12.05

Genesis Enters Motorsport with High-Performance 'Magma' Program: Dubai, UAE – Genesis, Hyundai Motor Group's luxury brand, has officially announced its entry into the world of motorsport, u ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

South Korean Conglomerates Evade Regulations Despite Holding Company Reforms: Seoul, South Korea – Despite mandated transitions to holding company structures, South Korean conglomerates continue to enga ...; ONLINE TEAM 2024.12.05

South Korea Seeks to Transform Defense Industry Ecosystem for Global Competitiveness: Seoul, South Korea – South Korea is aiming to revamp its defense industry ecosystem to enhance global competitiveness, accor ...; ONLINE TEAM 2024.12.05

Homeplus Expands Online Presence with Baemin Partnership: Seoul, South Korea – Homeplus, one of South Korea’s leading retail chains, has announced a partnership with Baemin, th ...; Hwang Sujin Reporter 2024.12.04

Lotte Outlets to Host Year-End Clearance Sale: Lotte Outlets announced today that it will be holding a year-end clearance sale, "Clearance Week," across all its outlets from [St ...; Hwang Sujin Reporter 2024.12.04

Incheon's Half-Price Delivery Service for Small Businesses Sees Significant Success: Incheon, South Korea – Incheon Metropolitan City announced on October 28th that its groundbreaking "Half-Price Delivery Serv ...; KO YONG-CHUL Reporter 2024.12.04

Hamyang County Hosts Agricultural Product Export Consultation with Chinese Buyers, Securing $24,000 in Export Contracts: Hamyang County hosted a "2024 Hamyang County Agricultural Product Export Consultation with Chinese Buyers" on December 3rd at Insa ...; ONLINE TEAM 2024.12.03

Chong Kun Dang Health's 'Imvita' Breaks 20 Million Bottle Sales Milestone, Wins "2024 Korea Management Award": Seoul, South Korea – Chong Kun Dang Health, a leading healthcare company, has announced that its premium vitamin brand, Imvi ...; Desk 2024.12.03

Yanolja Launches Corporate Membership Program to Expand Market: Seoul, South Korea – Yanolja, a leading travel platform, has introduced a new corporate membership program aimed at expandin ...; Global Economic Times Reporter 2024.12.03

Starbucks Tops the List of Coffee Franchises Demonstrating 'Symbiosis' in Q3: A recent study conducted by data research firm Data and Research has revealed that Starbucks is leading the pack among the top ten ...; Desk 2024.12.02

Bithumb Faces Backlash Over Misleading Crypto Giveaway: Seoul, South Korea – South Korea's leading cryptocurrency exchange, Bithumb, is under fire for its recent marketing campaign ...; Desk 2024.12.02

China's Oversupply Wreaks Havoc on South Korea's Chungcheong Region Industries: Daejeon, South Korea – The oversupply of goods from China is causing significant disruptions to key industries in South Kore ...; HONG MUN HWA Senior Reporter 2024.12.02

CJ OliveYoung Selects 20 K-Beauty Brands for Global Launchpad: Seoul, South Korea – CJ OliveYoung, a leading health and beauty retailer in South Korea, announced today the selection of 20 ...; Desk 2024.12.02

Jeju Expands Reward Program for Businesses Participating in Disposable Cup Deposit System: Jeju City, South Korea – The Jeju Special Self-Governing Province, under the leadership of Governor Oh Young-hoon, has annou ...; Hwang Sujin Reporter 2024.12.02

Apple's Global Dominance and the Rise of Chinese Competitors in the Premium Smartphone Market: A recent report by Counterpoint Research has revealed a stark shift in the global premium smartphone market. Apple has solidified ...; Hwang Sujin Reporter 2024.12.02

South Korea's Domestic Sales Index Plunges, Signaling Economic Slowdown: Seoul, South Korea – South Korea's domestic sales index, a key indicator of domestic consumption, has been on a downward tra ...; Global Economic Times Reporter 2024.12.02

Korean Air Extends Coatroom Service for Winter Travelers: Seoul, South Korea – Korean Air announced on November 26th that it will be extending its popular Coatroom service for winter ...; Desk 2024.11.30