Global Economic Times

2026.07.21 (Tue)
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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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BMW Korea Ignites May with Exclusive 9-Model Online Limited Edition Lineup: SEOUL – BMW Korea is set to electrify the luxury automotive market this month, announcing the official release of nine exclu ...; KO YONG-CHUL Reporter 2026.05.08

Hyundai Mobis Completes Independent EV 'Heart' Lineup: A Major Leap Toward Global Leadership in Power Electric Systems: SEOUL — Hyundai Mobis, the South Korean automotive tech giant, has achieved a significant milestone in its transition from a ...; Hwang Sujin Reporter 2026.05.08

POSTECH Researchers Double Metal-Polymer Adhesion via 3D Printing Surface Control: POHANG, South Korea — A research team at the Pohang University of Science and Technology (POSTECH) has achieved a breakthrou ...; Global Economic Times Reporter 2026.05.08

NVIDIA Bolsters AI Ecosystem with $2.1 Billion Investment in Data Center Developer IREN: SANTA CLARA, Calif. & SYDNEY — In a move that signals a massive expansion of the global AI infrastructure landscape, NVI ...; Ana Fernanda Reporter 2026.05.08

Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility: MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (H ...; Global Economic Times Reporter 2026.05.07

Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI": SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has ...; KO YONG-CHUL Reporter 2026.05.07

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids: (C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehic ...; Eugenio Rodolfo Sanabria Reporter 2026.05.06

11th Street Launches 'Grand 11th Day' Shopping Festival: A Strategic Move to Dominate South Korea's Mid-Year Retail Market: SEOUL, South Korea – 11th Street (11st), one of South Korea’s leading e-commerce platforms, officially announced on Ma ...; Min Gyu Mi Reporter 2026.05.05

GIST Develops Next-Generation Transparent Protective Film Resistant to Scratches and Impacts: GWANGJU, South Korea – A research team at the Gwangju Institute of Science and Technology (GIST) has announced the developme ...; Hwang Sujin Reporter 2026.05.05

Samsung Heavy Industries Secures 484.8 Billion KRW Order for LNG-FSRU Amid Global Energy Surge: (C) Offshore Energy SEOUL – Samsung Heavy Industries (SHI) announced on May 4, 2026, that it has successfully secured a c ...; KO YONG-CHUL Reporter 2026.05.05

The AI Paradox: Half of Korean Office Workers Report Hiring Slumps and Downsizing Fears Amid Automation Surge: SEOUL — As Artificial Intelligence (AI) cements its role in the modern workplace, the initial promise of increased efficienc ...; Global Economic Times Reporter 2026.05.04

‘K-Satellite’ Takes Flight: South Korea Ushers in Private-Led Space Era with Successful Launch of CAS500-2: SEOUL – South Korea has officially expanded its "space territory" as the Next-Generation Medium Satellite No. 2 (CAS500-2) s ...; KO YONG-CHUL Reporter 2026.05.04

President Lee Commemorates Labor Day: "Breaking the Dichotomy Between Pro-Business and Pro-Labor for 'Genuine Growth'": SEOUL – In a historic move, President Lee Jae-myung hosted the first-ever Labor Day ceremony at the Blue House Yeongbingwan ...; Hwang Sujin Reporter 2026.05.02

TUKorea Bolsters Competitiveness in Semiconductor Hands-on Education, Beyond Simple Quota Increases: As nurturing talent in high-tech sectors like semiconductors and Artificial Intelligence (AI) becomes a top priority for higher ed ...; Hwang Sujin Reporter 2026.04.21

FORCS to Unveil 'eformsign AI Assistant' at WIS 2026: A Revolution in AI-Powered Electronic Documents: FORCS, the leading provider of electronic document and contract solutions, announced today that it will unveil the "AI Assistant" ...; Global Economic Times Reporter 2026.04.21

“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 wo ...; Desk 2026.04.16

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 p ...; Desk 2026.04.16

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 ...; KIM YOUNG MIN 2026.04.14

Ethereum Emerges as Prime Beneficiary of Stablecoin Surge with Record $180B Supply: Ethereum is solidifying its position as the critical infrastructure for the stablecoin market. The supply of Ethereum-based stable ...; Desk 2026.04.13

K-Platform Power: Olive Young and Musinsa to Spearhead Global Expansion for SMEs: SEOUL — South Korea is accelerating its "K-Export" momentum by leveraging the global reach of its dominant retail platforms. ...; Desk 2026.04.13

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