Global Economic Times

2025.10.22 (Wed)
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US Ships to be Built in South Korea: Washington Considers Easing Protective Maritime Laws for Alliance Shipbuilding Cooperation

The Donald Trump administration is reportedly giving serious consideration to a measure that would partially open the US shipbuilding market to allied nations, including South Korea, according to sour
South Korea to Drastically Increase Domestic LNG Shipping Rate to 70%

SEOUL — The South Korean government is pushing a bold plan to mandate that domestic shipping companies handle 70% or more of the nation's imported Liquefied Natural Gas (LNG) transport, a si

Hyundai Motor Rises to Global Top Tier, Ranks 33rd in TIME's 'World's Best Companies 2025'

Hyundai Motor Company has dramatically affirmed its heightened international competitiveness by securing the 33rd position in TIME magazine's recent "World's Best Companies 2025" e

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57-Year Wait Ends: Jeju-Qingdao Sea Route Opens, Boosting Island's Global Trade: Jeju Port has welcomed its first international regular container ship in 57 years, marking a historic milestone since its designat ...; Global Economic Times Reporter 2025.10.19

Specialty Alloy Market Booms, Korean Giants SeAH and Poongsan Accelerate Investment: Driven by the growth in the defense and rocket markets, South Korean steel giants like SeAH and Poongsan, known as "strong players ...; Global Economic Times Reporter 2025.10.19

Chocolate Prices Hold Steady Despite Cocoa Cost Drop: A Look at Korean Confectioners' Challenges: Despite a sharp decline in international cocoa prices, which have plummeted by over half since the beginning of the year, major So ...; Global Economic Times Reporter 2025.10.19

Energy Storage Projects Soar in Spain, Surge Driven by Post-Blackout Urgency: MADRID – The Spanish energy sector witnessed a sharp acceleration in the development of energy storage projects during the t ...; Graciela Maria Reporter 2025.10.18

Giant Vessels Reshaping the Global Seas: The New Era of Offshore Wind Installation: The world’s seas are undergoing a transformation, largely driven by the arrival of specialized, massive vessels that are key ...; Global Economic Times Reporter 2025.10.18

U.S. Startup Unveils 3D Solar Towers: A Potential End to Conventional Solar Panels: DALLAS, TX — A groundbreaking innovation originating from the United States is poised to fundamentally alter the landscape o ...; KO YONG-CHUL Reporter 2025.10.18

Korea’s Compact Powerhouse: Hanwha Unveils Next-Gen Naval Vessel and STOL Drone, Shaking Global Defense Market: SEOUL/WASHINGTON D.C. – South Korea’s Hanwha Group is moving aggressively to secure the future of K-defense for the ne ...; Yim Kwangsoo Correspondent 2025.10.17

Incheon Airport Expands Global Footprint: Set to Develop and Operate Key Uzbek Hubs: Tashkent/Urgench, Uzbekistan — Incheon International Airport Corporation (IIAC), the operator of South Korea’s main ga ...; KO YONG-CHUL Reporter 2025.10.17

S. Korean President Lee Pledges Support for Gaming, Urges Worker Equity: SEOUL—President Lee Jae-myung pledged to transform the gaming industry into a core pillar of the nation’s cultural eco ...; Desk 2025.10.16

OpenAI Selects Argentina as First South American Base for 'Stargate,' Willing to Invest Massive $25 Billion: OpenAI, the developer of ChatGPT, is accelerating its global AI infrastructure expansion by selecting Argentina as one of the busi ...; Yim Kwangsoo Correspondent 2025.10.11

U.S. EV Demand Slowdown Directly Hits Enchem, Tennessee Plant Construction Plan Completely Scrapped: Enchem, a leader in the domestic electrolyte market, has completely withdrawn its plan to build a large-scale production base in T ...; Ana Fernanda Reporter 2025.10.11

POSCO International Launches Development of World's Second-Largest Graphite Mine in Tanzania to Secure EV Battery Supply: MOROGORO, Tanzania—POSCO International has officially commenced the development of the Mahenge graphite mine in Tanzania, on ...; Hee Chan Kim Reporter 2025.10.10

SK Hynix's Market Cap Surpasses ₩300 Trillion on 42nd Anniversary, Driven by AI Memory Dominance: SEOUL, South Korea — SK Hynix Inc., a global leader in memory semiconductors, marked its 42nd anniversary on October 10, 202 ...; Hee Chan Kim Reporter 2025.10.10

Is China now copying even this? It's even making 'fake' K-food and exporting it to Southeast Asia.: SEOUL – South Korea is grappling with an escalating wave of counterfeit K-Food products flooding overseas markets, particula ...; KO YONG-CHUL Reporter 2025.10.10

Electrification Innovation: The 13kg Motor Opening the Future of Electric Vehicles: The advent of the electric vehicle (EV) era is fundamentally transforming the automotive industry. The roar of the internal combus ...; KO YONG-CHUL Reporter 2025.10.09

The Emergence of a Future Internal Combustion Engine Running on Ethanol Fuel, Not Electric or Hydrogen: Amidst the anticipated widespread shift toward electric and hydrogen vehicles, Mahle, a German automotive components company, is d ...; Yim Kwangsoo Correspondent 2025.10.09

Vietnam Airlines Launches New Hanoi-Cebu Direct Route: Accelerating Expansion of Southeast Asian Air Links: HANOI — Vietnam Airlines, Vietnam's national flag carrier, will launch a new direct air route connecting Hanoi, Vietnam, and ...; Shin Yeju Intern Reporter 2025.10.09

Phoenix Silicon International's NT$1.85 Billion Investment in New Taichung Plant: Phoenix Silicon International Corp, the world's largest supplier of reclaimed wafers, announced an investment of NT1.85billion(app ...; Eugenio Rodolfo Sanabria Reporter 2025.10.09

Chile Accelerates Energy Transition with Massive Battery Energy Storage System (BESS) Expansion: Chile is ramping up grid stabilization and energy transition efforts through large-scale Battery Energy Storage System (BESS) proj ...; Pedro Espinola Special Correspondent 2025.10.08

Peru Tourism Relaunches Strategy to Target the South Korean Market with 'My Peru Story 2' Campaign: The Commission for the Promotion of Exports and Tourism (PromPerú) has launched its second large-scale campaign, "My Peru S ...; Hwang Sujin Reporter 2025.10.08

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