Global Economic Times

2026.07.22 (Wed)
All articles

LOGIN
JOIN

Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting

SEOUL — Zeekr, the premium electric vehicle (EV) brand under China's Geely Holding Group, has marked its fifth anniversary with a historic milestone. The company announced on July 17 that it
Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide

SEOUL — Kyochon F&B, the operator of South Korea's pioneer fried chicken franchise Kyochon Chicken, is rapidly expanding the integration of collaborative cooking robots and automated bat

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations

SEJONG — South Korea’s minimum wage for 2027 has been officially finalized at 10,700 KRW (approximately $7.80 USD) per hour, marking a 3.7% increase (380 KRW) from the 2026 rate of 10,320

Industry

Search: 1,953

LG Electronics Launches 'ThinQ ON' AI Home Hub to Lead Smart Home Market: LG Electronics has announced the domestic launch of its Artificial Intelligence (AI) home hub, the 'LG ThinQ ON,' priced in the 20 ...; Global Economic Times Reporter 2025.10.22

Supersonic 'Hyperloop' Poised to Shrink South Korea, Cutting Seoul-Busan Trip to 20 Minutes: SEOUL — A revolution in transportation is on the horizon as South Korea throws its weight behind the development of the Hype ...; Hwang Sujin Reporter 2025.10.22

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 shipbuild ...; KO YONG-CHUL Reporter 2025.10.21

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 ...; Global Economic Times Reporter 2025.10.21

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 ...; Global Economic Times Reporter 2025.10.20

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