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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MercadoLibre Boosts Brazil Investment by 48%, Accelerates Digital Finance Push: São Paulo, Brazil - MercadoLibre, Latin America's largest e-commerce and fintech company, has announced a significant expan ...; Hwang Sujin Reporter 2025.04.09

LATAM Airlines Anticipates Flight Disruptions Due to Argentina's General Strike: BUENOS AIRES, Argentina - LATAM Airlines anticipates disruptions to its domestic and international flights due to a nationwide gen ...; Desk 2025.04.09

Claro Chile and cyan AG Forge Alliance to Bolster Cybersecurity in Latin America: SANTIAGO, Chile – In a strategic move to enhance digital security for its subscribers, Claro Chile, a prominent subsidiary o ...; Eugenio Rodolfo Sanabria Reporter 2025.04.09

Neste and DB Schenker Pioneer Renewable Diesel Trial for Road Transportation in Singapore: SINGAPORE – Neste, a leader in sustainable logistics solutions, and DB Schenker, a global logistics service provider, have j ...; Pedro Espinola Special Correspondent 2025.04.08

Lotte Chemical CEO Lee Young-jun Focuses on On-Site Management in Malaysia and Indonesia: Bucheon, South Korea – Lee Young-jun, CEO of Lotte Chemical, is accelerating on-site management by consecutively visiting ov ...; Yim Kwangsoo Correspondent 2025.04.08

Malaysia Expresses Willingness to Boost Investment in Syria: Kuala Lumpur, Malaysia – Malaysian Prime Minister Anwar Ibrahim has signaled Malaysia's intention to strengthen bilateral re ...; Eugenio Rodolfo Sanabria Reporter 2025.04.08

Malaysia Furniture Exports to US Face 'Temporary Halt' Amidst Steep Tariffs: Kuala Lumpur, Malaysia – The Malaysian furniture industry is reeling from the United States government's imposition of a sig ...; Desk 2025.04.08

Malaysia Boosts In-House Capabilities with Tech Integration Drive: PUTRAJAYA - Malaysian Prime Minister Anwar Ibrahim has called for greater exposure of civil servants to new technologies to enhanc ...; Desk 2025.04.08

Hong Kong Finance Chief Condemns US "Reciprocal Tariffs" as Threat to Global Recovery: Hong Kong - Hong Kong will uphold its status as a free port and ensure the unimpeded flow of goods, capital, and information, Fina ...; Ana Fernanda Reporter 2025.04.08

Theborn Korea Grapples with "Baek Jong-won is Always Right" Culture and Owner Risk, Stock Plummets: SEOUL, SOUTH KOREA – The fortunes of Theborn Korea, the prominent restaurant conglomerate helmed by celebrity chef and entre ...; KO YONG-CHUL Reporter 2025.04.07

Seoul Education Authority Announces Major Recruitment Drive for Educational Support Staff: SEOUL, SOUTH KOREA – The Seoul Metropolitan Office of Education (SMOE) has unveiled its plan to hire 371 educational public ...; KO YONG-CHUL Reporter 2025.04.07

Seoul Launches ‘2025 Happiness Tour,’ Offering Heartwarming Travel Opportunities for Vulnerable Citizens: SEOUL, SOUTH KOREA – The Seoul Metropolitan Government has announced the commencement of recruitment for its ‘2025 Seo ...; Hwang Sujin Reporter 2025.04.07

Seoul Launches Initiative to Boost Tourism by Supporting Premier Local Accommodations: SEOUL, SOUTH KOREA – In a strategic move to enhance the experience for international visitors and showcase the unique charm ...; Hwang Sujin Reporter 2025.04.07

Incheon's Namdong-gu Prepares Support Measures for Businesses Facing U.S. Tariff Impact: INCHEON, SOUTH KOREA – In response to the United States' recent imposition of significant tariffs, the Namdong-gu district o ...; ONLINE TEAM 2025.04.07

Centuries of Tradition Revived: Gimpo's Bustling 5-Day Market Welcomes Back Crowds: GIMPO, SOUTH KOREA – A cherished landmark in Gyeonggi Province, the Gimpo 5-Day Market, has triumphantly returned to its vib ...; Hwang Sujin Reporter 2025.04.07

Ganghwa Island Intensifies Push for Free Economic Zone Designation in Collaboration with IFEZA: GANGHWA ISLAND, SOUTH KOREA – Ganghwa County, a region rich in history and natural beauty within the Incheon Metropolitan Ci ...; KO YONG-CHUL Reporter 2025.04.07

Anyang City Intensifies Focus on Public Health, Evaluating Sanitation Standards of Over 2,000 Barber and Beauty Establishments: ANYANG, SOUTH KOREA – In a significant move to elevate hygiene standards and service quality within the personal care sector ...; KO YONG-CHUL Reporter 2025.04.07

US Imposes Tariffs on Australian Goods, Canberra Considers Response: In a move poised to recalibrate the landscape of international commerce, the United States has announced the imposition of a 10 pe ...; ONLINE TEAM 2025.04.07

Australian Agriculture Department Refutes US Beef Ban Claims: The Australian Department of Agriculture has firmly contradicted claims made by US President Donald Trump regarding a supposed ban ...; Yim Kwangsoo Correspondent 2025.04.07

Eneos Drilling Secures Offshore Vietnam Drilling Contract for Two-Well Program: VUNG TAU, VIETNAM – April 4, 2025 – Eneos Drilling, a key subsidiary of Japan's Eneos Xplora, has been awarded a signi ...; Pedro Espinola Special Correspondent 2025.04.05