Global Economic Times

2026.04.21 (Tue)
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“Printing Lenses Like Newspapers”: Korean Researchers Unveil Game-Changing Mass Production for Metalenses

SEOUL – In a breakthrough that promises to reshape the global optical industry, South Korean researchers have developed a world-first technology to mass-produce "metalenses" at light
ASML Sees Surge in South Korean Revenue as Samsung and SK Hynix Accelerate Next-Gen Fab Operations

SEOUL – The global semiconductor landscape is witnessing a decisive shift toward South Korea. ASML, the world’s sole provider of extreme ultraviolet (EUV) lithography systems, announced on

Japanese Business Leaders Praise SK Chemicals’ "Ready-to-Use" Plastic Recycling Tech

ULSAN, South Korea – A high-level delegation from Japan’s influential business organization, the Kansai Association of Corporate Executives (Kansai Keizai Doyukai), recently visited SK Che

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2025 SMM South American Lithium Resource Field Trip - Fourth Stop: Tibet Summit Resources and Argentina Lithium & Potash: On May 31, 2025, the Shanghai Metals Market (SMM) visited Argentina Lithium & Potash Co., Ltd., effectively controlled by Tibe ...; Desk 2025.06.01

Vietnam Airlines Expands European Network with Direct Ho Chi Minh City-Copenhagen Route: Copenhagen, Denmark – Vietnam Airlines, the flag carrier of Vietnam, is set to significantly enhance its European footprint ...; Desk 2025.06.01

South Korea's Exports Decline Amidst US Tariff Shocks, Despite Semiconductor Boom: South Korea's exports experienced a downturn in May, registering a 1.3% year-on-year decrease to $57.27 billion, marking the first ...; KO YONG-CHUL Reporter 2025.06.01

Hanwha Defense Australia Appoints Ben Hudson as New Managing Director: Melbourne, Australia – Hanwha Defense Australia (HDA) has announced the official appointment of Ben Hudson as its new Managi ...; KO YONG-CHUL Reporter 2025.06.01

Australia Condemns Trump's Proposed 50% Steel Tariff, Calls It "Not the Act of a Friend": CANBERRA, Australia – Australia has strongly condemned President Donald Trump's recent announcement to potentially double ta ...; Ana Fernanda Reporter 2025.06.01

India's $10 Billion Shipbuilding Ambition Sparks Hope for South Korean Shipbuilders: SEOUL, South Korea – The South Korean shipbuilding industry is witnessing a surge of optimism as India unveils an ambitious ...; Ana Fernanda Reporter 2025.06.01

South Korea Surpasses Pre-Pandemic Tourist Levels in April, Driven by Diverse Inflows: Seoul, South Korea – South Korea's tourism sector is experiencing a robust recovery, with the number of foreign visitors in ...; Desk 2025.05.31

Hyundai E&C Withdraws from Gadeokdo New Airport Land Reclamation Project, Citing Unrealistic Deadline: SEOUL, South Korea – Hyundai Engineering & Construction (Hyundai E&C) announced on May 30 that it will not participa ...; Hwang Sujin Reporter 2025.05.31

Northern Gyeonggi's Gyooe Line Begins Facility Upgrade Design, Set for Completion by End of Next Year: SEOUL, South Korea – The National Rail Authority (Korea National Railway, KNR) Seoul Metropolitan Regional Headquarters anno ...; KO YONG-CHUL Reporter 2025.05.31

Volkswagen: From Automaker to Sausage King?: Wolfsburg, Germany – Volkswagen, the German automotive giant, is making headlines not just for its cars, but for its burgeon ...; Desk 2025.05.31

Argentina's Economic Outlook for 2025: Navigating Growth Amidst Challenges: As 2025 progresses, Argentina is poised for significant economic growth, with various international organizations and local analys ...; Greace Nunez Correspondent 2025.05.31

US GDP Shrinks in Q1 as Trump Tariffs Take Their Toll: The world's largest economy contracted at an annualized quarterly rate of 0.2% in the first quarter of 2025, a tenth of a percenta ...; Greace Nunez Correspondent 2025.05.31

Trump Doubles Down on Tariffs, Vows 50% Levy on Steel and Aluminum Imports: Pittsburgh, Pennsylvania – In a significant escalation of his protectionist trade agenda, President Donald Trump today annou ...; Global Economic Times Reporter 2025.05.31

Hyundai Delivers First IONIQ 9 to U.S. Customers, Kicking Off Marketing Push: FOUNTAIN VALLEY, CA – Hyundai Motor America today announced the momentous first delivery of its highly anticipated large ele ...; Eunsil Ju Reporter 2025.05.31

US Most Favored Nation Drug Pricing Policy Could Significantly Impact Korean Biopharmaceutical Companies: The U.S. government's push to implement a "Most Favored Nation (MFN)" policy for drug pricing is poised to have a substantial impa ...; Pedro Espinola Special Correspondent 2025.05.31

"Squid are Back"... East Coast of Korea Revitalized, Local Economy 'Bouncing': The return of squid to Korea's East Coast has brought much-needed vibrancy to local businesses. After a long fishing ban, abundant ...; Hwang Sujin Reporter 2025.05.31

Seoul's Housing Market Overheats: Average Sales Price Exceeds KRW 1 Billion, Gangnam-Gangbuk Gap Reaches "All-Time High": Seoul's average home sales price has surpassed KRW 1 billion for the first time, signaling a deepening overheating of the housing ...; Hwang Sujin Reporter 2025.05.31

SPC Samlip Halts 'KBO Bread' Production and Initiates Comprehensive Safety Reinforcement After Fatal Accident at Siheung Plant: SPC Samlip has announced a halt in the production of its popular 'KBO Bread' (KBO-ppang) and the implementation of comprehensive s ...; ONLINE TEAM 2025.05.31

Ansan City Designated as Specialized Cluster for Root Industries, Expected to Emerge as a Hub for Manufacturing Innovation: Ansan City has been ultimately selected for the leading project of the Ministry of Trade, Industry and Energy's '2025 Root Industr ...; Kim Sungmoon Reporter 2025.05.31

Brazil's Tourism Industry Reaches All-Time High, Setting Economic Milestone with WTTC Forecast: Brasília – Brazil's tourism industry is experiencing an unprecedented resurgence, fueled by strong demand from key in ...; Graciela Maria Reporter 2025.05.30