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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Brazilian Tradener Begins Importing Argentine Gas... Accelerating South American Energy Market Integration: Brazilian energy trading company Tradener has begun importing natural gas from Argentina, adding new momentum to the integration o ...; Ana Fernanda Reporter 2025.05.09

New York Stock Market Rises on AI Chip Regulation Reversal After FOMC Volatility; Nasdaq Up 0.3%: The three major New York stock market indexes closed higher after experiencing extreme volatility. Investor sentiment had initial ...; Hannah Yeh Reporter 2025.05.08

Wall Street Navigates Fed Uncertainty and Tariff Jitters, Late Surge Fueled by AI Chip Regulation Relief: New York – The U.S. stock market experienced a day of seesaw trading on Wednesday, ultimately closing in positive territory ...; Greace Nunez Correspondent 2025.05.08

LG OLED and Steven Harrington: Where Cutting-Edge Display Technology Meets Vibrant Pop Art at Frieze New York: New York, NY – The intersection of avant-garde technology and contemporary art has found a captivating stage at Frieze New Y ...; Yim Kwangsoo Correspondent 2025.05.08

Jeju Province to Impose Fines for Violations of Housing Lease Contract Reporting Starting June: Jeju Special Self-Governing Province announced on the 8th that fines will be imposed for violations of the housing lease contract ...; ONLINE TEAM 2025.05.08

Gangwon Province Rolls Up Sleeves to Support Businesses in Former Coal Mining Areas: Gangwon Province is strengthening its support for companies located in the industrial complexes of former coal mining areas &ndash ...; Kim Sungmoon Reporter 2025.05.08

Kyeongnam Bank's 'Financial Dream Bus' Initiative: Bridging the Financial Inclusion Gap in Underserved Communities: Sancheong, South Korea – BNK Kyeongnam Bank has taken a proactive step towards enhancing financial inclusion in underserved ...; ONLINE TEAM 2025.05.08

Daesang's 'Kimchi Blast Tokyo 2025' a Resounding Success, Drawing 12,000 Enthusiasts: Tokyo, Japan – Daesang Corporation, a prominent South Korean food conglomerate, has declared its recent pop-up store event, ...; Yim Kwangsoo Correspondent 2025.05.08

Grand Hyatt Jeju Elevates Culinary Landscape with the Debut of Authentic Shanghainese Restaurant 'Blue Dragon': Jeju Island, South Korea – The Grand Hyatt Jeju, a prominent feature of the Jeju Dream Tower integrated resort, has further ...; Hwang Sujin Reporter 2025.05.08

Air Serbia Reconnects Belgrade and Geneva, Boosting Connectivity and Catering to Growing Demand: Belgrade, Serbia – Air Serbia, the flag carrier of Serbia, has announced the resumption of its direct air service between th ...; Eugenio Rodolfo Sanabria Reporter 2025.05.08

SoluM Solidifies Dominance in Swiss ESL Market with Expanded Exclusive Deal with Retail Giant Migros: ZURICH, Switzerland – South Korean technology innovator SoluM has announced a significant expansion of its exclusive partner ...; Desk 2025.05.08

KOTRA and Pohang City Spotlight Korean Biotech Innovation at Swiss Biotech Day, Paving Way for European Expansion: Basel, Switzerland – The Korea Trade-Investment Promotion Agency (KOTRA), in strategic partnership with Pohang City, made a ...; Desk 2025.05.08

Daejeon to Leap Forward as a Central Hub for Startup Makers: Daejeon City has been selected for the Ministry of SMEs and Startups' '2025 Collaborative Makerspace Support Project' for the seco ...; KO YONG-CHUL Reporter 2025.05.08

Chungnam Governor Kim Tae-heum to Share Carbon Neutrality Achievements and Seek Expanded Asian Cooperation: Kim Tae-heum, Governor of Chungcheongnam-do Province and Asia-Pacific Chair of the Under2 Coalition, will embark on a four-day tri ...; HONG MOON HWA Senior Reporter 2025.05.08

Siheung City Boosts Local Economy and Seafood Consumption with Onnuri Gift Certificate Refund at Oido Market: Siheung, Gyeonggi Province – In a concerted effort to invigorate the local economy and encourage the consumption of high-qua ...; Hwang Sujin Reporter 2025.05.08

UNOX Korea Announces May Baking Class Series at Seoul Experience Center: Seoul, South Korea – UNOX Korea, the local branch of the renowned Italian manufacturer of professional ovens, has announced ...; Hwang Sujin Reporter 2025.05.08

Samyang's Buldak Brand Dominates Dutch Retail Awards, Cementing K-Spicy Reign in Europe: Rotterdam, Netherlands – Samyang Foods, the South Korean culinary powerhouse behind the globally renowned Buldak (Fire Chick ...; Hwang Sujin Reporter 2025.05.08

Nordic Embassies in Seoul to Host 'Nordic+Korea Innovation Days 2025': The Embassies of Denmark, Finland, Norway, and Sweden in Seoul will jointly host the 'Nordic+Korea Innovation Days 2025' week-long ...; KO YONG-CHUL Reporter 2025.05.08

GCCI and Envision Partner to Champion Diversity and Inclusion Through 'Dialogue in the Dark': Seoul, South Korea – The Korean-German Chamber of Commerce and Industry (KGCCI) has forged a significant partnership with En ...; Desk 2025.05.08

Oracle Establishes Indonesia as AI Hub with Southeast Asia's Largest GPU Cloud Cluster: In a move poised to significantly bolster Indonesia's digital infrastructure and accelerate its artificial intelligence (AI) ambit ...; Desk 2025.05.07