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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Seoul to Experiment with New Wage Models for Taxi Drivers Amidst Industry Struggles: Seoul, South Korea – Seoul Metropolitan Government is accelerating efforts to implement a new wage system for corporate taxi ...; Hwang Sujin Reporter 2025.01.26

El Salvador's Stock Market Sees Robust Growth in 2024: San Salvador, El Salvador – El Salvador's stock market experienced significant growth in 2024, as reported by the Superinten ...; Pedro Espinola Special Correspondent 2025.01.25

Samsung Launches Galaxy S25 Series in Tanzania, Ushering in a New Era of AI-Powered Mobile Technology: Dar es Salaam - Samsung has unveiled its revolutionary Galaxy S25 Series in Tanzania, marking a significant step forward in the co ...; Hee Chan Kim Reporter 2025.01.25

Hyundai Department Store Group Boosts Stakes in Key Subsidiaries to Enhance Value: Seoul, South Korea – Hyundai Department Store Group, a leading retail conglomerate in South Korea, announced today that its ...; Global Economic Times Reporter 2025.01.25

Japan Rate Hike Stabilizes Korean Markets, but Uncertainty Remains: Seoul, South Korea – The Bank of Japan's decision to raise its benchmark interest rate on January 24th has had a stabilizing ...; KO YONG-CHUL Reporter 2025.01.25

Krafton's BGMI Partners with Mahindra to Introduce Electric SUV in-game: Krafton's popular mobile game, Battlegrounds Mobile India (BGMI), has announced a new partnership with Indian automotive giant Mah ...; Global Economic Times Reporter 2025.01.25

South Korean Government Steps Up Job Creation Efforts Amidst Rising Unemployment: Seoul, South Korea – The South Korean government is accelerating its job creation programs in response to a recent surge in ...; Global Economic Times Reporter 2025.01.24

UK Competition Watchdog Probes Apple and Google's Mobile Dominance: London, UK – The UK Competition and Markets Authority (CMA) has launched a formal investigation into the market dominance of ...; Eugenio Rodolfo Sanabria Reporter 2025.01.24

HUG Overhauls Rent Deposit Guarantee Premium System: Seoul, South Korea – The Housing & Urban Guarantee Corporation (HUG) announced today a significant overhaul of its rent ...; ONLINE TEAM 2025.01.24

South Korean Insurers Cut Auto Premiums Despite Rising Costs: SEOUL, South Korea – Major South Korean insurance companies are bucking the trend of rising insurance costs by announcing pl ...; Desk 2025.01.24

South Africa's Inflation Eases, Boosting Hopes for Further Rate Cuts: Johannesburg, South Africa – South Africa’s annual inflation rate for 2024 dipped to 4.4%, marking the lowest level si ...; Hee Chan Kim Reporter 2025.01.23

Netflix Raises Prices in North America Amidst Strong Q4 Earnings: Los Angeles, CA – Netflix, the world’s leading streaming service, has announced a price hike for its subscription plan ...; Sharon Yoon Correspondent 2025.01.23

Baemin Cuts Commission Fees, Offers Relief to Small Restaurants: Seoul, South Korea – Baedalminjok, one of South Korea’s largest food delivery platforms, has announced a significant r ...; Global Economic Times Reporter 2025.01.23

Bibilab and Masmarules Join Forces for Limited Edition Beauty and Fashion Collaboration: Seoul, South Korea – Bibilab, a leading inner beauty brand, and Masmarules, a popular fashion brand among teenagers and youn ...; Hwang Sujin Reporter 2025.01.22

South Korea Tightens Regulations on Imported Children's Products: Seoul, South Korea – The South Korean government is stepping up efforts to protect consumers, particularly children, from un ...; Global Economic Times Reporter 2025.01.22

MOGE Boosts Programs to Help Women Enter and Stay in the Workforce: Seoul, South Korea – The Ministry of Gender Equality (MOGE) announced on Tuesday that it will be expanding its support for w ...; Desk 2025.01.22

Europe Faces $700 Billion Annual Investment Gap with the US: Brussels – Europe is facing a significant challenge in enhancing its global competitiveness, particularly against major play ...; Eugenio Rodolfo Sanabria Reporter 2025.01.22

Vietnamese Exporters Diversify Amid Rising Global Trade Risks: HANOI - Vietnamese exporters are proactively diversifying their markets to mitigate risks, particularly as they brace for potentia ...; Global Economic Times Reporter 2025.01.22

LS Marine Solutions Accelerates Growth with Underwater Cable Synergy: Seoul, South Korea – LS Marine Solutions, a subsidiary of LS Electric, is rapidly expanding its business by leveraging syner ...; Global Economic Times Reporter 2025.01.20

DH Autoware Secures Major Win in the SDV Market: DH Autoware, a leading automotive electronics company, announced today that it has successfully commercialized a key component for ...; KO YONG-CHUL Reporter 2025.01.20