Global Economic Times

2026.07.22 (Wed)
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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

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Paraguay Anticipates $5 Billion in Tax Revenue from Easing Cannabis Industry Regulations: The Paraguayan government is moving to ease regulations on the cannabis industry with plans to dramatically increase national reve ...; Eugenio Rodolfo Sanabria Reporter 2025.09.10

Daejeon's Bio-Industry Ecosystem Draws Global Attention: DAEJEON, South Korea - The city of Daejeon is solidifying its position on the global stage, laying a strategic foundation for its ...; HONG MOON HWA Senior Reporter 2025.09.09

Rising self-generation: a new opportunity for Paraguay's power industry: Paraguay's power industry is seeking new growth opportunities through self-generation. The recent emergence of autogeneració ...; Hwang Sujin Reporter 2025.09.08

Paraguay Expands into Southeast Asia, Teaming Up with Economic Giants: Paraguay is taking important steps to expand into the Southeast Asian market, opening up a new chapter in economic cooperation. Wi ...; KO YONG-CHUL Reporter 2025.09.08

Puertro Falcón Border Crossing to Undergo $55.6 Million Modernization: ASUNCIÓN - The modernization of the Puertro Falcón border crossing, a key gateway between Paraguay and Argentina, ha ...; Pedro Espinola Special Correspondent 2025.09.08

Floating Solar Plant Construction Site Inspection at Itaipu Hydroelectric Power Plant: Construction of a 1,100 kW floating solar power plant (PSF) is underway at the Itaipu Dam, South America's largest hydroelectric p ...; Global Economic Times Reporter 2025.09.08

Paraguayan Industry Urges Government to Deepen Economic Reforms: On September 5th, during an event celebrating "Paraguayan Industry Day," the Paraguayan Industrial Union (UIP) strongly called on ...; Graciela Maria Reporter 2025.09.08

A new treatment has emerged for 'Type 1 diabetes', a congenital genetic disease that affects 9 million people worldwide.: It is expected to significantly improve the quality of life for patients as they may no longer need to take diabetes medication fo ...; ONLINE TEAM 2025.09.07

Chinese Manufacturers Capture Over Half of Japan's TV Market for the First Time..."Standing Out with Price Competitiveness": For the first time, Chinese companies have secured a market share of over 50% in the Japanese TV market. According to market analy ...; Hwang Sujin Reporter 2025.09.07

Foreign Company Steals Korean LED Technology… Supreme Court Rules It Can Be Tried in Korea: A groundbreaking ruling by the Supreme Court has established for the first time that a foreign corporation can be criminally tried ...; KO YONG-CHUL Reporter 2025.09.07

Panama Unveils Ambitious Gas Pipeline Project to Transform Global Energy Transit: TOKYO – The Republic of Panama is moving forward with an ambitious project to construct a new gas pipeline that will travers ...; Yim Kwangsoo Correspondent 2025.09.04

A New Mandate for Corporate Accountability: President Lee Declares War on Industrial Fatalities and Wage Theft: In a bold and unscripted move during a televised cabinet meeting, President Lee Jae-myung of South Korea has signaled a dramatic s ...; Desk 2025.09.03

New Financial Products Target Global Travelers and Tech Investors: Financial companies are rolling out specialized insurance and card products to attract international travelers. For stock investor ...; Min Gyu Mi Reporter 2025.08.31

Harim Foods to Build ₩200 Billion Smart Factory in Iksan, Boosting Local Economy: IKSAN, Jeollabuk-do — Harim Group, one of South Korea's leading food conglomerates, is solidifying its presence in the Iksan ...; Shin Yeju 2025.08.31

Mitsubishi Pulls Out of Japanese Offshore Wind Projects Amid Soaring Costs: TOKYO—Mitsubishi Corp. has announced its complete withdrawal from all of its domestic offshore wind power projects, citing a ...; Desk 2025.08.28

Nvidia's Q2 Earnings Report: A Potential $260 Billion Market Cap Shift on the Horizon: SAN FRANCISCO - As the highly anticipated second-quarter earnings report from AI giant Nvidia looms, option market investors are b ...; KO YONG-CHUL Reporter 2025.08.27

Donald Trump Announces Meta's $50 Billion AI Data Center Investment in Louisiana: (SAN FRANCISCO) – Donald Trump, the former U.S. President, has revealed that Meta Platforms, the parent company of Facebook, ...; Greace Nunez Correspondent 2025.08.27

Hanwha Commits $5 Billion to U.S. Shipyard, Signaling Major Expansion and Revitalization of American Shipbuilding: PHILADELPHIA — In a landmark move solidifying the U.S.-South Korea alliance, Hanwha Group has announced a $5 billion investm ...; Hwang Sujin Reporter 2025.08.27

A Turning Point for Apple? The iPhone 17 and the AI Frontier: Apple, once the undisputed king of innovation, has faced a dual challenge recently: falling behind in the AI race and grappling wi ...; Eugenio Rodolfo Sanabria Reporter 2025.08.27

AI's Double-Edged Sword: A Looming Threat to Youth Employment in the US: A recent study by Stanford University researchers presents compelling evidence that the rise of generative artificial intelligence ...; Eugenio Rodolfo Sanabria Reporter 2025.08.27