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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Finland's Trade Deficit Widens in October 2024: HELSINKI – Finland’s trade balance deteriorated in October 2024, posting a deficit of €330 million, according to ...; Pedro Espinola Special Correspondent 2024.12.09

Fed Poised for December Rate Cut, Hints at Pause in 2023: Washington, D.C. – Federal Reserve officials are leaning towards a rate cut this month after November's jobs report indicate ...; Ana Fernanda Reporter 2024.12.08

Goldman Sachs Quits Net-Zero Banking Alliance: NEW YORK – Goldman Sachs has announced its withdrawal from the Net-Zero Banking Alliance (NZBA), a coalition aimed at aligni ...; Yim Kwangsoo Correspondent 2024.12.08

West Seattle Link Extension Displaces Businesses, Sparks Compensation Debate: Seattle, WA – The highly anticipated West Seattle Link Extension project, a 4.1-mile route with four new stations unveiled b ...; Hannah Yeh Reporter 2024.12.07

Amazon Pulls Out of Seattle Office, Impacting Local Businesses: Seattle, WA – Amazon's recent decision to vacate its office space at Met Park North in South Lake Union has left local busin ...; Hannah Yeh Reporter 2024.12.07

South Korea's Job Market Sees Slowest Growth in Years: Seoul, South Korea – South Korea's job market experienced its slowest growth in 2023 since data collection began in 2016, ac ...; Desk 2024.12.07

One-Stop Export and Order Support Task Force Addresses Challenges in South Korea's Defense Industry: Seoul, South Korea – The One-Stop Export and Order Support Task Force has stepped in to alleviate the challenges faced by So ...; Hwang Sujin Reporter 2024.12.07

Kenyan Private Sector Sees Uptick in November: Stanbic Bank PMI: Nairobi, Kenya – The Kenyan private sector experienced a notable improvement in business conditions during November 2024, as ...; Eugenio Rodolfo Sanabria Reporter 2024.12.07

Taco Bell Unveils First-Ever ‘Live Más’ Café in Southern California: Chula Vista, CA – Taco Bell is set to revolutionize the fast-food dining experience with the grand opening of its first-ever ...; Ana Fernanda Reporter 2024.12.07

Chipotle Raises Prices to Offset Costs and Maintain Portion Sizes: DENVER, CO – Chipotle Mexican Grill is implementing a 2% price increase across its U.S. locations. The move, effective immed ...; Ana Fernanda Reporter 2024.12.07

Foreign Businesses Flee Korea Amid State of Emergency: Seoul, South Korea – Foreign businesses and individuals are canceling their business trips and events in Korea due to the im ...; ONLINE TEAM 2024.12.06

South Korean Smart Farm Tech Expands to Australia: Sydney, Australia – A South Korean smart farm technology company, Green Plus, has secured a substantial contract to construc ...; Desk 2024.12.06

LotteON's On and the Luxury Expands with Gourmet Food and Home Decor: Seoul, South Korea – LotteON, a popular online shopping platform in South Korea, is expanding its luxury vertical, "On and t ...; Global Economic Times Reporter 2024.12.06

Posco Future M Bolsters US Market Presence with Domestic Lithium Supply: Seoul, South Korea – Posco Future M, a leading South Korean battery materials company, has secured a significant supply of d ...; KO YONG-CHUL Reporter 2024.12.06

A Delicate Balance: Rubio's Challenge in Vietnam and Cuba: Marco Rubio's potential appointment as Secretary of State under a Trump 2.0 administration presents a complex challenge in navigat ...; Desk 2024.12.05

ALDI Portugal Expands in Algarve with New Store Opening: São Brás de Alportel, Portugal – ALDI Portugal, a leading discount supermarket chain, is excited to announce t ...; Global Economic Times Reporter 2024.12.05

Brazilian Investment in Portugal Soars: A 50% Increase in Three Years: Lisbon, Portugal – Brazilian investment in Portugal is poised for significant growth, with a projected 50% increase over the ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Laos-China Railway Celebrates Third Anniversary with Significant Growth: Vientiane, Laos – The Laos-China Railway marked its third anniversary on December 3rd, 2024, with a remarkable track record ...; Ana Fernanda Reporter 2024.12.05

World OKTA and Home&Shopping Sign MOU to Support Overseas Expansion of Domestic SMEs: Tthe World Korean Business Association (World OKTA, Chairman Park Jong-beom) and Home&Shopping (CEO Moon Jae-soo) signed a Mem ...; KO YONG-CHUL Reporter 2024.12.05

Apple's $1 Billion Investment in Indonesia: A Step Towards Local Production: Jakarta, Indonesia – Industry Minister Agus Gumiwang Kartasasmita has expressed optimism that Apple will fulfill its pledge ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05